Hi CoinCompanion, the bulls don’t know when to stop, despite bitcoin’s
“flash crash” on April 18. The king of coins dropped almost 10% within a few hours. Regardless, the ‘all time highs’ keep flying around. “You an ATH, you an ATH and you an ATH, everybody ATH” – as Oprah might say. Bitcoin (BTC), Ethereum (ETH), Binance Coin (BNB), Dogecoin (DOGE) and many others set new ‘all time highs’ in April. It is almost becoming normal, but realize that it can also turn around in a split second. Therefore, inform yourself well and don’t be fooled by people who are just hyping and shilling their profits (or anyone else’s).
Source: Giphy.com
Further in our Buzz of April, CoinCompare updates, monthly Throwback, overview of the crypto listings and delistings, the top 5 ups and downs and of course the recurring Best Deal provider of the month announcement.
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After Knaken was registered at the DNB on March 3, BUX Crypto turn has come in April. Bitdenex’s registration is still ongoing. The exchange is allowed to continue its operations as long as they continue to work towards a completed registration. How long the provider has is not clear.
A notable registration from the list on the DNB’s site, is Bitstamp. As of April 28, 2021, Bitstamp is also included in the DNB’s register. The registration is probably mandatory because Bitstamp has an office in neighboring Luxembourg and also operates in the Netherlands.
Meanwhile, the ‘know your customer’ (KYC) policy based on the European Anti-Money Laundering Directive (AMLD5) and the Dutch Money Laundering and Terrorist Financing Prevention Act (Wwft) have been formulated and landed in crypto Netherlands. Almost all known providers were successfully registered in the DNB register before or on 21st of November. Below the list of providers registered to date:
AMDAX 01-10-2020
BLOX 06-11-2020
LiteBit 06-11-2020
Anycoin Direct 04-11-2020
Coinmerce 09-11-2020
Bitvavo 09-11-2020
Bitmymoney 16-11-2020
Bitcoin Meester 13-11-2020
Bitonic 17-11-2020
HappyCoins 17-11-2020
BTC Direct 19-11-2020
Bit4coin 20-11-2020
Bitcoin.eu 21-11-2020
—————————
SATOS 17-12-2020
Knaken 03-03-2021
BUX Crypto 06-04-2021
Bitstamp 28-04-2021
Source: dnb.nl
At CoinCompare we like to indicate what we are working on and what developments and updates are coming up. We think it’s important to give you, as CoinCompanion, a glimpse into our kitchen, so that you know what is going on. Given the amount of work involved, we will continue to focus on the following for now:
A couple notable developments and happenings:
Coinbase Direct Listing: What’s Happening Right Now
Turkey bans crypto payments: What are the consequences?
Elon Musk’s Tesla Sold Bitcoin in Q1 for Proceeds of $272M
LiteBit has taken a big sweep through their portfolio to make room for new crypto:
“LiteBit aims to have a reliable, healthy and fair priced offer of cryptocurrencies on its platform. Some cryptocurrencies that are currently traded at LiteBit do not meet these requirements. This made us decide to stop trading the these coins.”
Below all crypto’s added and deleted in April at our largest providers:
Listed |
Delisted |
| Bitladon: Morpeus Labs (MITX), Pundi X (PUNDIX) |
Bitladon: Pundi X (NPXS) rebrandend to Pundi X (PUNDIX), Spendcoin (SPND) |
| Coinmerce: FTX Token (FTT), Kusama (KSM), Orion Protocol (ORN), Pundi X (PUNDIX), Reef Finance (REEF), Reserve Rights (RSR) | Coinmerce: Credits (CS), Jarvis+ (JAR), KuCoin Shares (KCS), Open Platform (OPEN), Pundi X (NPXS) rebrandend naar Pundi X (PUNDIX) |
| Bitvavo: Pundi X (PUNDIX) | Bitvavo: Pundi X (NPXS) rebrandend to Pundi X (PUNDIX) |
| LiteBit: FTX Token (FTT), Ocean Protocol (OCEAN), Sushi (SUSHI) | LiteBit: Blackcoin (BLK), Crown (CRW), Feathercoin (FTC), Groestlcoin (GRS), Gulden (NLG), Myriad (XMY), NavCoin (NAV), OKCash (OK), Orbs (ORBS), Particl (PART), Peercoin (PPC), Polymath (POLY), SIRIN LABS Token (SRN), Status (SNT), Ubiq (UBQ), Validity (VAL), Viacoin (VIA) |
| Coinbase: 1INCH Network (1INCH), Ampleforth Governance Token (FORTH), Enjin Coin (ENJ), NKN (NKN), Origin Protocol (OGN) | Coinbase: – |
| Knaken: Filecoin (FIL), Ocean Protocol (OCEAN) | Knaken: – |
| BLOX: – | BLOX: – |
As of writing the total amount of unique and price comparable crypto, per the largest provider, are as following in compare to previous month:
Bitladon 212 (–)
Coinmerce 151 (+1)
Bitvavo 88 (–)
Coinbase 54 (+5)
LiteBit 42 (-14) See article about removed crypto’s here.
Knaken 35 (+2)
BLOX 30 (–)
———————————
CoinCompare 167 (-3)
CoinWall 248 (-4)
We started April with 170 crypto’s where we compare the prices of. Due to the amount of removals at LiteBit and the remaining changes, the amount of crypto’s to be compared on our unique one page price comparison overview has been reduced by 3 crypto to a total of 167 different crypto. On CoinWall, where all crypto offered by our providers are displayed, we now support 252 crypto to choose from.
In addition to bitcoin’s new ‘all time high’, there are also many altcoins that continue to go through the sound barrier and set new record ATHs 
. Dogecoin (DOGE) is back out of its bench and showing it presents again in April. +517.41%, here you go, thank you! The meme/community coin knows no stopping, which was well seen on April 16 when DOGE noted +200% within 24 hours. But, pre-eminently, SONM (SNM) is the winner among the risers with over 1260% within 1 month.
Hereby the complete overview of the top 5 biggest ups and downs:
Ups |
FOMO? |
Downs |
Buy the dip?
|
| +1266.35% SONM (SNM) | Bitladon | -49.55% NKN (NKN) | Coinbase |
| +517.41% Dogecoin (DOGE) | BLOX | -48.95% Morpheus Labs (MITX) | Bitladon |
| +273.54% BakeryToken (BAKE) | Bitladon | -42.29% Phantasma (SOUL) | Bitladon |
| +216.88% Gulden (NLG) | Anycoin Direct | -41.10% Tael (WABI) | Bitladon |
| +215.05% WINk (WIN) | Coinmerce | -40.46% Metal (MTL) | Bitladon |
Throughout the month, 13 providers with 174 price comparable crypto’s and 348 buying and selling prices have been monitored to conclude who is going home with the gold medal. Here are the Best Deal providers of the month April:
Bitladon! In terms of listings and delistings, April was quiet at the broker in Aalsmeer with only 1 new crypto, 1 deleted and 1 rebrand. Outside of the trading platform, Bitladon successfully completed the giveaway ‘Het Wachtwoord‘ (NL) (The Password) together with radio station SLAM! on April 29. The winner of the promotion won 1 whole bitcoin and indicated that she will ‘HODL‘ it for now. Wise choice. Compared to March, Bitladon seems to be back around the same number of hits in April as in February. In February they had 84 hits, March 45 and April 83 with a 23.85% share. With that number, they are safely in spot 3 compared to spot 4, for now.
Read our extensive review about Bitladon here, to find out all the ins and outs of the broker from Aalsmeer.
Bitvavo! After Bitvavo expanded its portfolio significantly in February, it has now been quiet for a while in terms of listings. Because of those new crypto’s in February, Bitvavo managed to be named Best Deal provider on CoinCompare in March. But, that didn’t last long, as Bitvavo dropped quite a few hits in April. In March, they had registered 163 hits and in April, 95 with a 27.29% share. The difference, 68 hits, which meant they had to relinquish spot 1 again. Can they win it back in May?
Read our extensive review about Bitvavo here, to find out all the ins and outs of the exchange from Amsterdam.
Coinmerce! Back on the well known #1 spot. But how? In March they had 117 registered hits and in April 124 with a share of 35.63%. Not a big difference, but enough to reclaim spot 1. After we declared Bitvavo as Best Deal provider for March, it seems that around the same time Coinmerce changed its transaction fees. After asking, the response was that they have lowered their transaction fees. Remarkable enough, that “reduction” has caused the purchase prices at Coinmerce to increase significantly. They now are one of the most expensive on our platform. But, due to the “reduction”, they have now the best selling price for almost all crypto’s. Due to the changes, the difference is now so huge that arbitrage has occurred. This is probably incorrect. We assume that the source, where we get the data from Coinmerce, is incorrect and we hope for a quick and correct solution.
Read our extensive review about Coinmerce here, to find out all the ins and outs of the broker from Amstelveen.
The best deal provider of the month is determined independently with the average of cumulating snapshots of buy and sell prices of all the best deals that are shown on our comparison page. Logically, the larger the variety of crypto offered, the most chance of becoming the winner. Yet, in the end it is still the price of the crypto that matters as it has to be comparable and shown as best deal. Discounts in Tiers and VIP levels are not included in the calculation. As deals change several times a day, due to the volatility of prices, the provider with the best deal can therefore change as well. Due to that fluctuation we take two snapshots per day to determine the best deal provider, with the most hits on our price comparison page, for that day.
