ALFAcash Store

Alfacash Store is a non-custodial cryptocurrency exchange especially focused on the Eurozone. Properly regulated and registered in Estonia since 2019, this brand is part of the much older Alfacash —in existence nine years ago, which makes it one of the oldest crypto exchanges around.

Exchanging euros (EUR) for over 24 cryptocurrencies (and vice versa) in this exchange is easy and intuitive, while it doesn’t need any risky deposits. The users keep control of their funds all the time, which is a great advantage over other centralized crypto exchanges. The fees are 1.5% for all directions and cryptocurrencies. That’s a competitive percentage compared to other non-custodial platforms, which can take up to 5%.

To sum it up: Alfacash Store it’s an easy and secure way to exchange the most popular cryptocurrencies for euros while keeping the custody of your assets.

Who can use Alfacash Store?

This platform is designed for anyone with access to the Single Euro Payments Area (SEPA) —and cryptocurrencies, of course. That includes cashless payments via SEPA transfer inside the 27 member states and some non-European countries. So, non-EU users with European IBANs can also enjoy the product.

In the practice, only a limited list of territories and their citizens aren’t allowed to use Alfacash Store (check Terms of Use). Of course, if cryptocurrencies are banned in your country, you shouldn’t be using the platform either. Aside from these exceptions, everyone can use Alfacash Store to buy and sell cryptocurrencies with euros.

This platform is specially designed for those who are worried about the custody of their assets. In traditional centralized exchanges, when the coins are deposited, the user lost total control over them. The company mixes all the funds in the same wallet (owned by the exchange). Therefore, only they have private keys. The users barely have their accounts, and, if something goes wrong, the funds may be at risk.

In a non-custodial exchange like Alfacash Store, that’s not the case. The users don’t need to deposit their coins. Instead, they set the amount and the wallet they want to use at the moment of exchange. So, their funds only leave their wallets for the trade, and they own the private keys all the time.

Alfacash Store is also ideal for beginners. The interface is clear and friendly, full of guidance and support 24/7 if needed. However, the platform isn’t anonymous. It is fully compliant with the AML rules in the EU, so, it’s necessary to register and provide personal documents before any trade.