Anycoin.cz is a Czech-based cryptocurrency exchange platform founded in 2019, offering services for buying, selling, and storing cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), Cardano (ADA), and Tether (USDT). Operated by MP Developers s.r.o., headquartered in Liberec, Czech Republic, the platform emphasizes simplicity, security, and accessibility for European users. It supports over 200 cryptocurrencies and facilitates transactions in euros (EUR). As of 2025, the exchange serves over 110,000 users and is recognized for its user-friendly mobile app and competitive fees.
History
The platform was established in 2019 by entrepreneurs Marek Kyrš and Martin Čech with the aim of creating an accessible and secure cryptocurrency trading service for European users. It gained traction due to its intuitive interface and support for local payment methods. In 2023, the service expanded to include payments via Apple Pay and Google Pay, simplifying crypto purchases. In 2024, its founders were named among the 40 finalists in the EY Entrepreneur of the Year competition in the Czech Republic. The platform also supports educational initiatives, such as the video series “Why Bitcoin,” to promote crypto awareness.
Services
The platform provides a range of services through its website and mobile app (available on iOS and Android):
Buying and Selling Cryptocurrencies
- Supports over 200 cryptocurrencies, including Bitcoin, Ethereum, Cardano, Solana, and USDT.
- Payments can be made via bank transfer (SEPA for EUR), Apple Pay, or Google Pay. The minimum purchase amount is approximately €10.
- Trading is available without registration for transactions up to a cumulative limit of €1,000, ideal for small-scale investors.
- Limit orders allow users to set specific prices for buying or selling cryptocurrencies.
Storing and Managing Cryptocurrencies
- Users can hold cryptocurrencies on the platform or transfer them to external wallets like Ledger or Trezor. The service recommends external wallets for enhanced security.
- Vault (Trezor): A feature for managing assets with real-time balance tracking.
Staking
- Users can stake selected cryptocurrencies (e.g., 12 supported coins) to earn annual yields of up to 12%. Staking can be canceled at any time.
Dollar Cost Averaging (DCA)
- Automated recurring purchases (DCA) enable regular investments in cryptocurrencies up to a limit of €200,000, facilitating portfolio growth.
Lightning Network Support
- The platform supports Bitcoin’s Lightning Network for faster and cheaper transactions.
Customer Support
- Support is available in English, Czech, and Slovak via email and phone (business days, 9:00–17:00 CET).
- Users praise the quick response times, though some report delays with larger withdrawals.
Fees
- Buying/Selling Cryptocurrencies: A fee of approximately 1.5%, included in the exchange rate, makes the platform one of the most cost-effective in the region. The spread is around 3%, lower than competitors like Bit.plus or CoinBank (4–6%).
- Network Fees: Blockchain transaction fees (paid to miners/validators) apply for transfers to external wallets. These fees can be higher and less ideal for frequent transfers.
- Instant Crediting: Users can expedite transfers by uploading payment confirmation, free of additional charges.
Security and Regulation
- Regulation: The platform complies with EU Anti-Money Laundering (AML) directives and the Markets in Crypto-Assets (MiCA) regulation. Know Your Customer (KYC) verification is required for transactions above €40, involving ID and selfie uploads.
- Security: Two-factor authentication (2FA), 1:1 storage of cryptocurrencies in specialized institutions (Proof of Reserves), regular external audits, and anti-phishing measures. Users are warned against sharing login credentials.
- Data Protection: The app collects data (name, email, transaction history) for functionality, analytics, and fraud prevention, without sharing with third parties.
Advantages
- User-Friendly: Intuitive interface suitable for beginners and advanced users.
- Low Fees: A 1.5% fee and 3% spread are competitive in the European market.
- Wide Selection: Over 200 cryptocurrencies, one of the largest offerings in the region.
- DCA and Staking: Automated purchases and up to 12% annual yields.
- Lightning Network: Support for fast and low-cost Bitcoin transactions.
- No-KYC Trading: Purchases up to €1,000 without registration.
Disadvantages
- Transfer Delays: Some users report delays in transfers to external wallets (up to 24 hours due to security checks).
- KYC Requirements: Verification for transactions above €40 can be seen as restrictive, especially if requested post-payment.
- Network Fees: Higher blockchain transfer fees, with no option to adjust transaction speed.
- Limited Features: Lacks advanced trading tools (e.g., futures, margin trading) compared to exchanges like Binance.
- Controversies: Some users report delays with larger withdrawals and unclear communication. The platform refutes claims of financial issues, emphasizing its regulatory compliance.
User Experience
Users appreciate the platform’s simplicity, low fees, and multilingual support. Small purchases (up to €400) are typically processed smoothly, with transfers to hardware wallets completed within 30 minutes. The DCA feature and Lightning Network support are valued for regular investments and fast transactions.
Criticism includes delays in transfers (up to 24 hours) and post-payment KYC requests, which some find unclear. Reviews on platforms like Trustpilot and crypto-focused sites mention issues with larger withdrawals (e.g., 8-day delays) and inconsistent support communication. The platform attributes delays to security checks and denies allegations of illicit practices.
On the X platform (@anycoin_cz), the exchange actively shares crypto news, educational content, and comparisons (e.g., Bitcoin vs. Ethereum). Users value its engagement in community initiatives and crypto events.
Current Developments
In 2025, the platform reported a 992.3% increase in website traffic over the past year, reflecting growing popularity. It warns users about rising crypto scams and advises against sharing login credentials. In July 2025, it highlighted Bitcoin’s new all-time high of $122,000 and supports community projects like Bitlifi, which promotes Bitcoin integration into everyday payments.
Future
The exchange plans to introduce a real-time crypto price widget and expand its cryptocurrency and payment method offerings. The team is working to improve transfer speeds and enhance portfolio and staking reward visibility in the app. It also aims to increase involvement in community events and crypto education.
References
- Official Website: https://www.anycoin.cz
- Mobile App on Google Play: https://play.google.com
- Mobile App on App Store: https://apps.apple.com
