Bit4you Crypto Exchange Review: Is This Belgian Platform Safe or Just Another Ghost Exchange?

When you’re looking for a crypto exchange in Europe, you want one that’s reliable, liquid, and actually answers your questions. But what happens when you find a platform that feels like it’s still in beta - and no one else is using it? That’s the story of Bit4you.

Bit4you claims to be the first crypto exchange based in Belgium, launched around 2020-2021. It says it’s built for European users, especially Belgians. Sounds promising, right? But here’s the catch: if you go to their website today, you’ll find almost no real information. No clear fee schedule. No list of supported coins. No proof they even have money to back your deposits. And worse - no one’s talking about it.

What Bit4you Actually Offers (And What It Doesn’t)

Bit4you is a centralized exchange, meaning it holds your crypto for you. That’s fine - most beginners start there. But unlike Binance, Kraken, or even smaller players like Bitpanda, Bit4you doesn’t share basic details. You can’t tell how many coins they support. You can’t find out if they accept euros, Belgian francs, or even USD. Their website mentions a demo account and a live account, but doesn’t explain how to sign up, how long KYC takes, or what documents you need.

They say they’re not licensed yet. That’s not just a small detail - it’s a red flag. Since July 1, 2025, the EU’s MiCA regulation requires all crypto exchanges operating in Europe to be licensed. Unlicensed platforms are operating in legal gray zones. Some may survive by quietly shutting down. Others get fined. Or worse - disappear overnight with users’ funds.

Bit4you doesn’t offer margin trading, futures, or staking. No API for advanced traders. No mobile app. Just a basic web interface. If you’re looking to trade Bitcoin or Ethereum, you’ve got dozens of better options. If you’re looking for a local Belgian exchange with deep support and clear rules? Bit4you isn’t it.

Zero Liquidity, Zero Activity

Liquidity is everything in crypto. Without it, your buy order might not fill. Your sell might get stuck for hours. Or worse - the price slippage could cost you 10% on a simple trade.

According to CoinCarp, Bit4you had only 224 website visits in the entire month before November 2025. That’s less than 8 visits per day. For comparison, Bitpanda had over 3 million visits in the same period. Kraken processed $142 billion in trading volume in Q2 2025. Bit4you’s trading volume? Listed as “No data.”

There are no public order books. No trade history. No volume charts. If you tried to deposit $500 in EUR and wanted to buy Bitcoin, you’d have no way to know if the trade would even go through. No one else is trading there - so why would you?

Security? No Data. Proof of Reserves? Missing.

Security isn’t just about two-factor authentication. It’s about whether the exchange actually holds the crypto it says it does. That’s called proof of reserves. Reputable exchanges like Kraken and Coinbase publish regular audits. Bit4you? CoinCarp lists “No data” for cybersecurity, proof of reserves, and even basic security certifications.

There’s no mention of cold storage. No details on multi-sig wallets. No incident history. Nothing. And yet, they ask you to upload your ID and bank details. That’s a massive risk.

Think about this: if a platform can’t even tell you how many users they have, how can you trust them with your money? There’s no public record of a single hack - because there’s no record of anyone using it. But that doesn’t mean it’s safe. It just means no one’s noticed it yet.

Who Even Uses This Platform?

Let’s look at the real-world evidence.

• Trustpilot: Zero reviews.
• Reddit: Only 3 mentions in 12 months. One user said they gave up after 20 minutes trying to find supported currencies.
• Twitter: 1,577 followers. Most posts are generic announcements with zero replies.
• Facebook and Instagram: Fewer than 500 followers each. No engagement.
• Telegram, Discord, forums: Nonexistent.

There are no success stories. No tutorials. No YouTube videos explaining how to use it. No Reddit threads where people compare fees or report issues. This isn’t a niche exchange - it’s a ghost.

One Belgian user on Reddit summed it up: “Tried signing up but couldn’t find clear info on supported currencies or fees - gave up after 20 minutes.” That’s the entire user experience.

Why Does Bit4you Even Exist?

It’s hard to believe this is a legitimate business. A real exchange needs users, volume, and transparency to survive. Bit4you has none of that.

Maybe it’s a front. Maybe it’s a test project that never launched. Maybe it’s a trap for people looking for “local” exchanges without checking the facts. Either way, it doesn’t meet the basic standards of a functioning crypto platform.

Under MiCA, exchanges must prove they’re solvent, secure, and compliant. Bit4you does none of that. And with the EU cracking down on unlicensed platforms, it’s unlikely this exchange will last past 2026. Industry analysts at Delphi Digital warned that any exchange without $5 million in annual volume and clear licensing won’t survive. Bit4you doesn’t even have $5,000 in volume.

What Should You Do Instead?

If you’re in Belgium or Europe and want a real crypto exchange, here are your actual options:

• Bitpanda - Based in Austria, MiCA-compliant, supports EUR deposits, 100+ assets, user-friendly app.
• Kraken - Global leader, strong security, full compliance, low fees, advanced tools.
• Bybit - Strong EU presence, good liquidity, demo account available.
• OKX - Supports EUR, high liquidity, staking, and futures.

All of these have public audits, clear fee structures, mobile apps, 24/7 support, and thousands of active users. They answer your questions. Bit4you doesn’t.

The Bottom Line

Bit4you isn’t a failed exchange. It’s an invisible one. There’s no evidence it’s operational beyond a website with empty promises. No users. No volume. No transparency. No regulatory standing. No community. No future.

If you’re looking to buy crypto in Europe, don’t waste time on Bit4you. You’ll spend more time trying to figure out how to use it than you would on any major platform - and you’ll still end up with nothing.

Stick with exchanges that have real data, real users, and real licenses. Your crypto is too important to gamble on a ghost.