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. In this quick guide, we go over one of the oldest players in the cryptocurrency industry called Bitit. Thus, we review its payment ways, service availability, fee structure, security and privacy.
Review of Bitit Exchange
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 bitit review our Help Center or contact us via our contact form.
Unocoin Bitcoin Exchange Review
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.
- Your go-to source for detailed reviews and comparisons of digital products and services.
- The platform offers its services in several regions of the world, accounting for 114 supported countries altogether.
- In this quick guide, we go over one of the oldest players in the cryptocurrency industry called Bitit.
- This slows down the trade, especially if the said issue concerns buying process.
- The platform offers extensive FAQ section and direct contact form when it comes to customer support.
Available Payment Ways
Head over to our guide about CEX.IO’s platform, as we investigate its verification demands, fee structure, countries supported and much more. Paxful is similar to LocalBitcoins to the point where we can safely call them direct rivals in the cryptocurrency market. Thus, we made a tutorial about the platform, indicating its pros and cons in terms of cryptocurrencies available, payment options and fee structure.
- You can check out our review of available platforms that accept PayPal as a mean of purchase in the meantime.
- The platform went through major changes in design at the end of 2017, creating a new environment for traders to buy and sell coins.
- 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.
- Coinbase also offers PayPal withdrawals while cash purchases are not available at Coinbase.
- These platforms differ in terms of fees, payment options and verification requirements.
Review of Wall of Coins BTC Exchange
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.
Based in Paris (France) Bitit is a cryptocurrency exchange platform that provides digit CASHlib coins for fiat money purchases. The platform was founded by three cryptocurrency professionals, Nicolas Katan, Ugo Mare and Simon Poter in 2015. At Bitit, bitcoins are transferred directly to your wallet address when buying them.
Bitit exchange can be considered as a somewhat expensive platform when it comes to purchasing fees. 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.
We also provide comparative analysis with other, similar crypto exchanges, such as LocalBitcoins and Coinbase. The Bitit platform shows a price chart and order history and is intuitive to use, but it is not a proper trading platform. There are enough options available for occasional traders, but not for professionals. There is no verification needed for the first 25€ BTC purchase, but for larger sums, users must provide ID verification.
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.
Promote your Crypto website on BitTrust
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 cash vouchers. Other advantages are Bitit’s scope of operations, which includes over 100 countries, and the Bitit gift card.
The ticket system can be found at “Contact” page or “Help Center”, with the average response time of the customer department being 24 hours. You have near-instant credit or debit cards, enabling you to get cryptos fast and easy. The main issue with the method is that full verification needs to be accomplished in order to use it.
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.
We cannot foreknow the future and thus cannot say that it is safe to work with this particular platform 100%. 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. By credit card or by cash in more than 100K+ Local stores choose your most convenient way to buy Bitcoin.