Bitit Reviews

These twin issues forced us to make the difficult decision to close the company down, effective today, April 15, 2021.

  • Have been trying to purchase bitcoin for hours now, no actually a few days and after going through so many steps and so much aggravation nothing seemed to work.
  • At Bitit, bitcoins are transferred directly to your wallet address when buying them.
  • Coinbase also offers PayPal withdrawals while cash purchases are not available at Coinbase.
  • The website is user-friendly and their customer support team is always available to assist.
  • We made a number of reviews similar to this one, that you can check out at any time, including guides about Paxful, CEX.IO and BitPanda.

great service

At this point in time, the digital currency market is filled with a variety of cryptocurrency exchanges, each with its own advantages and disadvantages. Given the large number of exchanges that the crypto community can choose from, making an informed and fact-based decision is bound to be quite difficult. I would add that as the Bitit gift cards are denominated in euros, the value in Euros is redeemed in bitcoins only at the time of the redemption on the Bitit platform. The backbone of any cryptocurrency exchange is the customer support team.

The platform was founded by three cryptocurrency professionals, Nicolas Katan, Ugo Mare and Simon Poter in 2015. Coinbase is the best way to buy bitcoin online in the United States, Canada, Australia, the UK & Europe. Purchase bitcoins instantly with a credit/debit card or local bank transfer. For higher limitations and credit bitit review card purchases, you are required to provide scanned ID and a selfie of you holding the document in your hand.

We encourage constructive feedback

These platforms differ in terms of fees, payment options and verification requirements. Thus, we made a short comparative analysis of LocalBitcoins and Coinbase, benchmarking Bitit in terms of before-mentioned important trade indicators. Apart from credit cards, you also have TrustPay bank transfers if you are looking for lower fees. Bitit is very fair and transparent with their pricing and considering that all of the cryptocurrencies supported on their platform can be purchased with fiat currency, the fees are quite reasonable. The fees imposed on Bitit users varies depending on the payment method being used. Bitit doesn’t require a complicated security apparatus like other exchanges with more functionality do.

With a verified account, you earn the right to increase limits up to €700 for credit cards and €2.500 for TrustPay and vouchers per week. Bitit is a global cryptocurrency exchange that allows users to quickly and easily buy Bitcoin and other cryptocurrency assets. The Bitit exchange is built for people looking to get into cryptocurrencies by offering a simple and easy solution to buying crypto with fiat currency. The Bitit crypto exchange was launched in 2015 with the vision of spreading mainstream cryptocurrency adoptions to all parts of the world. Bitit is based out of France with their headquarters located at 25 Rue du Petit-Musc, Paris, France. Unfortunately, Bitit is not a licensed or regulated cryptocurrency exchange or money services business, but they do follow all of the regulatory rules and guidelines required for regulation.

Tor Litecoin Wallet

Because the platform doesn’t store funds, it doesn’t need to provide cold storage or deal with loss, so users should rely on the safety of the wallet they’re depositing to from Bitit. Additionally, Bitit thoroughly enforces all relevant EU regulations regarding privacy of data, keeping it fully encrypted. It does not store credit card numbers nor account passwords, making it very safe to use. The platform offers its services in several regions of the world, accounting for 114 supported countries altogether. Currently, you are able to buy BTC from the USA, most of Europe, Japan, China, South Korea, Turkey, Hong Kong, Singapore, the UK, Australia and Canada.

Then, I stumbled upon bittit.io and in just a few easy steps and minutes, my transaction went thru!!! Offering incentives for reviews or asking for them selectively can bias the TrustScore, which goes against our guidelines. Labeled Verified, they’re about genuine experiences.Learn more about other kinds of reviews. Companies on Trustpilot aren’t allowed to offer incentives or pay to hide reviews. Coinbase also offers PayPal withdrawals while cash purchases are not available at Coinbase.

bitit review

Review of Bitit Exchange

  • Apart from credit cards, you also have TrustPay bank transfers if you are looking for lower fees.
  • Head over to our guide about CEX.IO’s platform, as we investigate its verification demands, fee structure, countries supported and much more.
  • Apart from cryptos, you have numerous fiat currencies that you can choose from when depositing or buying coins at Bitit.
  • You have EUR, USD, GBP, CAD, AUD, CNY, KRW, JPY, TRY, HKD, SGD, SEK, NOK and DKK.

Bitit is a regulated French company and exchange platform that operated transparently since 2015. Their platform is user-friendly and their customer support is top-notch. I had a minor issue with my account and their team resolved it quickly and efficiently. The transaction process is smooth and I feel confident using Bitit for my cryptocurrency needs. Apart from the investigation, we also provide step-by-step guides on how to buy BTC using Bitit platform and how to properly withdraw funds to your bank account. We also provide comparative analysis with other, similar crypto exchanges, such as LocalBitcoins and Coinbase.

Its been a good experience!

So you go over the closest one, purchase on spot and then use the receipt to fill out the payment form. Similarly, the platform also offers a FAQ and help section, meant to answer any and all possible questions. Personalized customer support is also available for all account holders.

Plus500 is a FTSE 250 listed brokerage providing online trading services in CFDs, across 2,000+ securities and multiple asset classes. Bitit ReviewsBitit ReviewsTo be honest, I wasn’t surprised when I saw how good these reviews were, I really enjoyed using Bitit too, it’s exactly what you want as a crypto exchange. To find a reliable exchange where you can start an account, just use ourExchange Filtersand we’ll help you find the right platform for you. The purchase fee with Credit Cards is still higher than some other competitors such as Binance.com (@3.5%), Blackmoon.net (@3%). Cash vouchers, although completely private, are the most costly channel of purchase at Bitit, as you pay up to 11.9%, depending on the voucher.

We made a number of reviews similar to this one, that you can check out at any time, including guides about Paxful, CEX.IO and BitPanda. At Bitit, bitcoins are transferred directly to your wallet address when buying them. All you have to do is to provide the code of your wallet and wait for the coins to reach your external crypto balance once the transfer has been confirmed. One of the simplest and easiest exchanges for cryptocurrency – Been in this industry for many years, and I’ve not seen one as fluid as Bitit.

You have credit and debit cards that take additional 6.9% form customers when used. When compared with Coinbase’s 3.99%, Bitit definitely comes as a more expensive variant in terms of bank cards. These transfers are a lot slower than credit cards, as they may take between 2 to 5 business days to complete. Bank transfers do not require you to provide scanned ID and a selfie of you holding the document. Based in Paris (France) Bitit is a cryptocurrency exchange platform that provides digit CASHlib coins for fiat money purchases.