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. Many of these countries have the ability to use their own domestic currencies through credit cards, bank transfers and cash vouchers. It is fast, simple to use, and offers convenient payment methods with cards, bank transfer, a gift voucher, and several brands of bitit review cash vouchers. Other advantages are Bitit’s scope of operations, which includes over 100 countries, and the Bitit gift card.
Top Exchanges
TrustPay is perhaps the slowest of the three, as you need to wait for 2 to 5 business days for the transaction to take place. Cash vouchers can be either fast or slow, depending on how close the store nearest to you is. The transaction itself is near instantaneous once you provide receipt details.
Tor Litecoin Wallet
Your go-to source for detailed reviews and comparisons of digital products and services. 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. If you have any questions, feel free to visit our Help Center or contact us via our contact form.
Vs Coinbase
You can check out our review of available platforms that accept PayPal as a mean of purchase in the meantime. Apart from Bitit, there are other exchanges available for you to buy bitcoins. 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. Bitit is a regulated French company and exchange platform that operated transparently since 2015.
- They offer EV SSL certification for the web page, two-factor authentication, and strict verification procedures, and they do not store account passwords or card numbers.
- Credit cards are the fastest available channel, as the transaction takes up to 20 minutes to be conducted.
- Another important distinction form Bitit is the fact that Coinbase is available only in 32 counties, while Bitit can boast of its Global Reach.
- The platform Bitit will surely attract you by its benefits, but you should decide if it really meets all your needs.
- TrustPay is perhaps the slowest of the three, as you need to wait for 2 to 5 business days for the transaction to take place.
- Head over to our guide about CEX.IO’s platform, as we investigate its verification demands, fee structure, countries supported and much more.
Currently, there is no live chat available for you to use if you face issues at hand. This slows down the trade, especially if the said issue concerns buying process. Due to the European regulations, all data on its website and on its communication channels are encrypted. Thus, hackers would need a lot more time and effort to break through the system than those platforms that have not invested in blocked content. Users can buy up to 25€ of Bitcoin by credit card without paperwork, only by filling their Profile.
Bitit Buy Bitcoins fast and easy
The Bitit exchange is registered under the name Bitit SAS and incorporated in Paris, France. The company was founded in 2015 by Nicolas Katan, Co-Founder, CEO; Ugo Mare, Co-Founder, CTO; and Simon Potier, Co-Founder, CIO. They offer EV SSL certification for the web page, two-factor authentication, and strict verification procedures, and they do not store account passwords or card numbers.
- Based in Paris (France) Bitit is a cryptocurrency exchange platform that provides digit CASHlib coins for fiat money purchases.
- The transaction itself is near instantaneous once you provide receipt details.
- The main difference between Bitit and LocalBitcoins is that latter exchange is peer-to-peer (P2P) based, as traders buy and sell coins between each other.
- What we can say is that buying BTC at Bitit is legitimate and business a legal entity that you can trust when it comes to cryptocurrency purchase.
- As mentioned before, you are able to purchase up to €150 with an unverified account using TrustPay and cash vouchers per week.
Bitit partners with a Level 1 PCI service provider, maintains bank level security, is regularly audited and tested, and provides ongoing training to all staff. The first step would be to verify your account if you wish to purchase coins at higher limits than €150. What distinguishes Bitit from others is the ability to buy bitcoins that can be sent directly to your specified wallet address. You can set up the buy widget with your external address code and have coins arrive directly to your wallet, rather than keep them in your Bitit balance.
The process is straightforward as you send your money and receive cryptos in return. Cash vouchers, however, need to be bought from the store on physical location near from you. So you go over the closest one, purchase on spot and then use the receipt to fill out the payment form.
Reviews
Credit cards are the fastest available channel, as the transaction takes up to 20 minutes to be conducted. You wait for about 5 minutes for the transfer to be confirmed and additional 10 to 15 minutes for coins to reach your specified wallet. At this moment, it is not possible to purchase BTC with the help of PayPal account. The company is yet to announce any plans for including the option in future.
Bank transfers do not require you to provide scanned ID and a selfie of you holding the document. Bitpanda is a European cryptocurrency exchange that offers several coins for sale, bitcoins included. Read our article about the exchange as we go over its trade specifics, bitcoin exchange rate and fees while constructing company’s advantages and disadvantages. Apart from Bitit, there are other exchanges offering similar services and payment methods that you should be aware of. 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.
Available Cryptocurrencies
As for the payment limits, with an unverified account, you can buy up to €150 using TrustPay and cash vouchers on weekly basis. 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. Apart from credit cards, you also have TrustPay bank transfers if you are looking for lower fees. These transfers are a lot slower than credit cards, as they may take between 2 to 5 business days to complete.
The platform offers only bitcoins through various payment methods (over 50 of them). 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. CEX.IO, unlike LocalBitcoins and Paxful, is more close to Bitit, as you can buy or sell coins directly from the company.