Bitonic vs River

Bitonic is the oldest and largest Bitcoin-only broker in the Netherlands, founded in 2012, with a reputation for reliability and simplicity. They offer fast, automatic Bitcoin delivery via iDEAL, SEPA, and Bancontact, and their fully automated system ensures quick transfers.

It stands out with its direct purchase model, selling Bitcoin from its own stock for instant delivery and transparent pricing, avoiding third-party intermediaries. Bitonic offers buying, selling, and saving Bitcoin via iDEAL, SEPA, or Bancontact and provide an Auto Invest savings feature, allowing users to easily set up recurring Bitcoin purchases, (though only up to €250 | 271,023 sats) and a business solution for Bitcoin payments.

Its app, rated 4.5 stars on iOS, is praised for its clean, no-nonsense design, though some users report slow verification. The platform uses multi-signature cold storage for security and encourages self-custody with personal wallets.

Their vision focuses on making Bitcoin accessible and easy for Dutch and European users, backed by education through Bitonic Academy and news via Bitcoin.nl. Overall, Bitonic is ideal for beginners who want a reliable, no-altcoin platform in Europe, with fast transactions, clear pricing and a strong local support.

River helps U.S. based customers invest in Bitcoin simply and securely with a focus on long-term saving. Unlike many platforms, River holds all Bitcoin in full-reserve cold storage with multi-signature security and gives users transparency through real-time proof of reserves. This might sound inviting to people who don't want to hold Bitcoin in self-custody but it also means more centralization within Bitcoin.

It supports things like inheritance planning, business accounts, and joint accounts, making it attractive for people who want to treat Bitcoin like serious money. Users can buy Bitcoin instantly, set up automated savings, and send Bitcoin via on-chain or Lightning payments. On top of that, you can earn 3.8% Bitcoin interest on your cash. The app has a clean interface and is designed to be easy to use, earning high ratings on both iOS and Android.

River's mission is to provide a trusted, high-quality experience for people who want to build wealth in Bitcoin without distractions. It aims to give users full control and transparency. While some users note strict ID verification and limited availability outside the U.S., River is praised for its reliability, personal customer service, and focus on security.