Eterbase Crypto Exchange Review: What Went Wrong and Why It Shut Down
Eterbase was a popular European crypto exchange that shut down after a $5.5 million hack in 2020. Learn what went wrong, why it failed, and what you should use instead.
When you’re looking for a crypto exchange that doesn’t treat you like a number, Eterbase, a European-based cryptocurrency trading platform with a focus on simplicity and low fees. It’s not as big as Binance or Coinbase, but for traders outside the U.S. who want a no-nonsense platform, it’s a real option. Unlike exchanges that bury you in complex dashboards, Eterbase keeps things clean. You can buy, sell, and trade major coins like BTC, ETH, and DOT without jumping through hoops. It’s built for people who care more about getting trades done than watching charts all day.
What sets Eterbase apart is its fee structure, a transparent, low-cost model that charges minimal trading fees and no deposit costs. Most exchanges charge hidden fees for withdrawals or fiat deposits, but Eterbase doesn’t. That’s why users from Germany, the Netherlands, and other EU countries stick with it. It also supports cold storage, a security practice where most user funds are kept offline to protect against hacks—a must-have for any exchange that wants to be trusted. And unlike some platforms that vanish after a scandal, Eterbase has stayed around since 2018, quietly building a reputation for reliability.
But it’s not perfect. Eterbase doesn’t serve U.S. customers, and its coin selection is smaller than the giants. If you’re after the latest meme tokens or obscure DeFi coins, you’ll find better options elsewhere. But if you want to trade Bitcoin, Ethereum, or Polkadot with clear pricing, fast execution, and solid security, it’s worth a look. You won’t find fancy staking rewards or leveraged trading here—but you also won’t get lost in a maze of confusing features.
What you’ll find in the posts below are real reviews, comparisons, and warnings about exchanges like Eterbase. Some are trusted platforms with years of history. Others are dead, scams, or barely hanging on. You’ll see how exchanges like AscendEX, ARzPaya, and Libre stack up. You’ll learn why some shut down, why others get seized, and what makes a crypto exchange actually safe. No fluff. Just facts. If you’re trying to figure out where to trade without getting ripped off, these posts are your shortcut.
Eterbase was a popular European crypto exchange that shut down after a $5.5 million hack in 2020. Learn what went wrong, why it failed, and what you should use instead.