This process involves submitting a scan of your passport, together with a selfie of you holding up your password and a piece of paper with the word “Bitit” written on it. To this end, Bitit aims to make itself as easy to use as possible. According to the company blog, it’s targeting as many local currencies and languages as possible to widen the net for potential new adopters of crypto. Email , I couldn’t locate a telephone number for Bitit although this is pretty common nowadays, not many companies offer phone support, especially crypto ones.

Fees depend based on the cryptocurrency being purchased or sold, but also on the users’ preferred payment methods. According to the exchange, commissions as low as 1% are attained through integration with several OTC brokers. Options such as SEPA/SWIFT bank transfers, bank deposits, cash trades, Revolut, PayPal, Skrill, and many others are available.

KuCoin Review: Cryptocurrency Exchange With Margin, Futures & Earning Options

Bixter is a brokerBitit was a broker, both following the same approach to the business. AlfaCashier is a brokerBitit was a broker, both following the same approach to the business. 100monet is a brokerBitit was a broker, both following the same approach to the business. Customers’ testimonials are top notch, 100% wrote about the positive experience doing business with TransCoin. We checked if the website is optimized for search engines like Google and Bing. Several items are missing which most websites implement to make sure they can be found by search engines.

bitit review

Buying with a credit card and one email address in order to get your bitcoin in less than 10 minutes. Bitit is a great addition to the marketplace and is cut from the same cloth as Coinbase in that its simple interface and many common payment methods are designed to introduce beginners to cryptocurrency. Despite high fees and the absence of crypto deposits, Bitit makes up for it with a unique gift card and voucher system and superior reliability. Bitit operates legally in more than 50 countries around the world including the UK, US, and most of the EU (given that it’s a French company). Additionally, Bitit support operates in several languages and is able to quickly verify IDs and passports from virtually anywhere.

Debit/credit card withdrawals entail a 2.5% fee, while BTC deposits are free and limitless. LocalBitcoins is most likely the largest non-conventional cryptocurrency exchange that’s operational at this point in time, granted that it offers a variety of peer-to-peer exchange services. The Finnish exchange was founded with the purpose of connecting everyone to the digital economy, by facilitating P2P cryptocurrency transactions throughout the world. As such, the market rate entails a 2% tax, alongside a commission fee of 3.90%, which gets lower depending on the amount being sold.

Bitit Review: Pros & Cons Uncovered

A Visa or MasterCard-based USD deposit entails a 2.99% fee, whereas bank transfer deposits are free. Card withdrawals have a service charge of 1.8%-3% and a commission of $3.80. We are really happy with the reception our customers gave to the Bitit gift cards, and we would like to thank them for their confidence. Traditional gift cards can be redeemed into products or some kind of digital money but always in a centralized environment controlled by the gift card emitter.

bitit review

It is fast, simple to use, and offers convenient payment methods with cards, bank transfer, a gift voucher, and several brands of cash vouchers. Other advantages are Bitit’s scope of operations, which includes over 100 countries, and the Bitit gift card. Less attractive are the high fees that make trading on Bitit quite expensive. The platform offers its services in several regions of the world, accounting for 114 supported countries altogether.

Lastly, the affiliate program allows customers to earn up to 20% commission for each user referred to the platform. aims to service users of all kinds, including beginners, day-traders, and even institutional investors. Thus, the exchange now services over 3 million customers, located in 99% of global countries and 38 US-based states. In general, Coinbase provides users with high-quality services, yet there are certain features that the company does not yet provide. Relevant examples include specific trading tools or support for a higher number of cryptocurrencies.

You can see which websites we found under the “Server” tab on this page. Sarah ran away from a corporate job so she could travel the world. After doing that, she found herself a much-loved new career as a freelance blockchain technology writer. She’s authored and ghostwritten more than 250 pieces on blockchain and cryptocurrencies.

bitit is not one of the top crypto…

Also, user data and information is protected by advanced SSL encryption protocols and their financial information is never stored on Bitit’s servers. Also, user funds are never stored on the Bitit crypto exchange as they are sent directly to the users crypto wallet upon purchasing. All in all, Bitit is a very safe and secure cryptocurrency exchange with an excellent reputation. Bitit is a cryptocurrency exchange based in France that provides users with trading opportunities for Bitcoin and Ethereum. In the near future, they plan on adding other coins like LTC, XMR, and XRP. The exchange is open for international registrations with numerous deposit options that support 7 fiat currencies.

At this point in time, CoinMama facilitates the purchase of Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic, Cardano, Litecoin, Qtum, and Ripple. The supported fiat payment methods are credit/debit cards (Visa & MasterCard) and bank wire transfers. Secondly, the CEX exchange is designed to operate similarly to tost popular digital currency exchanges available on the market. Thus, following account creation and KYC compliance, users are free to trade several crypto pairs, including BTC/USD, ETH/USD, BCH/USD, XRP/USD, BTC/EUR, alongside several altcoins and stablecoins.

Due to strict anti-money laundering policies, only verified users… Buy from one of Bitit partners and have the gift card sent to you by post or email. It is suitable for all kinds of Agencies like Digital Agency, Creative Agency, Marketing Agency, Design Studios, Digital Marketing Agencies and other business service websites. Create amazing websites for Consulting Agencies like Human Resources, Recruitment agency, Distribution bitit review companies, Wholesale Agencies and Creative enterprises easily. Features such as fast asset delivery (since it is a non-custodial platform), secure coverage and global payments have led to BitIt’s quick ascension. Those who wish to learn more about the platform can access the Bitpanda Academy, which contains the most relevant information concerning Bitcoin, the blockchain network, and other cryptocurrencies.

Bitit doesn’t currently offer a mobile app for IOS or Android, but if they do launch one, this section of the review will be updated to reflect it and include links to download it. I hope they release one in the future as it is a feature that would make the exchange just that bit better in my opinion. To access Bitit’s support, log in to your account and click on ‘Support‘ from the menu or alternatively, visit In order to verify your Bitit account, you’ll need to provide some basic info which includes the following. Claim a bonus when you register on our favorite crypto margin trading exchange with a Bybit referral code.

In addition to writing and researching, she also runs her own websites – find out more at For a beginner, it could be one of the best options, but only if the said beginner is happy to go away and navigate the process of setting up their own wallet. To actually buy any crypto, you’ll need to undergo the verification process.

Other payment methods such as cash vouchers or Bitit gift cards mean a higher limit of €2,500. Bitit plans to expand its supported payment methods to include direct banking and not merely TrustPay, and for verified users the maximum on wire purchases will be €30,000 weekly. Bitit is an upstart cryptocurrency exchange that is newer to the industry. Based in France, the company is fully regulated and offers the ability to buy cryptocurrency with multiple fiat currencies. Moreover, an easy signup process will likely be appreciated by those who dislike the complicated and lengthy verification processes on other platforms. Users can buy crypto with their credit cards and other unique payment methods and will appreciate a no-nonsense interface that makes it easy to participate in the markets.

More details on the supported cryptocurrencies can be found later on. Price analysis is made easy thanks to the market data tool, which can be used to view price volatility for all supported pairs. Bitit is connected to live markets and offers real-time pricing for buying customers, but selling cryptocurrencies is not available and so liquidity is less of an issue. After saving a wallet, return to the Buy screen to initiate a purchase. Select credit card to change the fields to reflect your choice, and enter the information required including card number, expiration date, CVV code and your full name.

It is actively increasing in popularity thanks to its copious features, user-focused approach, and numerous supported coins. CEX’s fee policy is calculated based on users’ 30-day trade volume. For instance, a trade volume of under 5BTC , will entail a taker’s fee of 0.25% and a maker’s fee of 0.16%. On the other side of the spectrum, a trade volume of over 6,000BTC entails a 0.10% taker’s fee, and a 0% maker’s fee. Staking is also available; therefore, users can be rewarded for depositing and holding tokens/coins in their CEX accounts. Here is our rundown of the top alternatives to Coinbase to let you purchase cryptocurrency quickly and safely.

bitit review

Debit/credit card transactions entail an additional 5% processing fee. SEPA bank transfers are free, whereas SWIFT bank transfers require a 20GBP flat tax on all orders below 1,000USD. CoinMama is another good alternative to Coinbase, granted that it aims to offer an exchange service that is fast, safe, secure, and can be accessed from anywhere in the world. The cryptocurrency exchange was established in 2013, and since then, it has served over 1.9 million people, by helping them exchange millions of dollars worth of digital currency, in 188 countries. Our mission is to educate them without exposing them to any risk. With one valid credit card and some basically informations a customer gets his bitcoins in less than 10 minutes on his wallet.

There have been reports of scammers approaching companies via Telegram, LinkedIn and Other Social platforms purporting to represent Blockonomi and offer advertising offers. So far, BitIt has not dealt with any cyberattack, thanks to its numerous security and user safety protocols. The spot trading fee using the BNB token ranges between 0.06% maker/taker, all the way down to 0.012% market and 0.024% taker, depending on personal trading levels. Varying interest rates are charged for margin borrows and futures trading.

Main Features

Earlier in this Bitit review, I looked at the legitimacy of the exchange, but that’s not all we need to consider when thinking about fund safety. It’s also important that we look at the account security features which prevent hackers from accessing your account. Overall, Bitit is one of the world’s safest places to buy cryptocurrency in my opinion, equally as safe as exchanges like Coinbase for example. There are more than one cryptocurrency exchange in the land of wine, baguettes and romance, but not incredibly many as in United Kingdom or USA. Coinbase also offers PayPal withdrawals while cash purchases are not available at Coinbase. Another important distinction form Bitit is the fact that Coinbase is available only in 32 counties, while Bitit can boast of its Global Reach.

was a pain trying to purchase bitcoins…

Once the funds have left the owners’ possession, the escrow system completes the trade. The Bitpanda Global Exchange serves as an advanced trading platform and exchange system for professionals, experienced traders and institutional investors. It offers a euro exchange with the lowest industry fees, numerous EUR-based high-liquidity trading pairs, a fully-integrated API, worldwide support, secure fund management, and more. To use the platform, customers must create an account and follow-through with the know-your-customer procedure. Afterward, the account can be funded via one of the supported payment methods. If you use the payment voucher service, it can go up to an eye-watering 11.9%.

Therefore, as cryptocurrency regulations mature, we have no doubt that Bitit will be ready to be fully licensed and regulated. Also, the Bitit crypto exchange has already built up a viable reputation in the industry and is trusted by many. However, how do you know if Bitit is the right cryptocurrency exchange for you? It’s hard to know, which is why we have compiled an in-depth review of the Bitit crypto exchange for your benefit below. needs to review the security of your connection before proceeding. So for this service, we think our customers receive good value in exchange of their confidence. We received testimonies from customers telling how much they were happy not having to call their banks, initiate a wire transfer and wait for 2-3 days. Let’s be clear, our service is for the people who don’t know or have no time to learn how to use bitcoin by themselves. Bixter had launched the service March 2019Bitit started the project March 2016 . Bitcoin24exchange is a brokerBitit was a broker, both following the same approach to the business.

Thus, this payment platform can be leveraged to make crypto-based payments in fiat to any IBAN, using cryptocurrency from your user account. Coinbase is commonly-regarded as one of the world’s largest and most popular cryptocurrency exchange platforms. So far, it has amassed over 30 million users, which have traded over $150bn-worth of coin. The concept of Bitit gift cards is about how to improve the user experience of those people who heard about the Bitcoin and who would like to get some but don’t know how to do.

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