Bitit Reviews, Trading Fees & Cryptos 2025
It doesn’t offer a crypto-to-crypto service, and you cannot use it to sell your cryptocurrency. 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. 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. 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. You can check out our review of available platforms that accept PayPal as a mean of purchase in the meantime.
An outstanding bitcoin brokerage
One of the biggest advantages of BitIt are the convenient payment options. One can pay with a 3D secured credit or debit card of any major brand, including Amex, Maestro and China UnionPay, via bank transfer or cash vouchers (prepaid cards) like Cashlib, Flexpin and Neosurf. Despite its relative newness to the cryptocurrency marketplace, Bitit has a good reputation among its users. Chief among their praises are the unmatched variety of payment methods, nearly instant credit card purchases, and easy integration with other wallets. Users who reach their daily or weekly limits on other platforms can easily log into Bitit and use it to get more exposure, and for some, the ability to make in-person purchases at a store is an enormous boon. After saving a wallet, return to the Buy screen to initiate a purchase.
- Bitit is a cryptocurrency exchange based in France that provides users with trading opportunities for Bitcoin and Ethereum.
- Bitit supports all major card networks including VISA, Mastercard, Maestro, and Amex.
- We want to thank you, our customers, for all the support you’ve given us along the way.
- Remember, you may also have to pay fees charged by a store in exchange for a prepaid voucher or for foreign exchange or foreign transaction fees that your financial institution charges.
- Basically what this does is it helps you find the nearest physical store near you and pay for the voucher in cash, how easy is that?
- Should you encounter an issue that has not been discussed in this article, we would advise you to contact us directly at BitcoinBestBuy to get answers immediately.
Fees and Buying Limits
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. Bitit.io is a solid website that offers a variety of payment options to people that want to get their hands on cryptocurrency without any complications from a standard trading platform.
How to Buy Bitcoin on Bisq (Bitsquare)
- The company is registered in Paris and is compliant with the KYC and AML requirements.
- To create an account with Bitit.io all you need to provide is your complete name, active email address, and password for your account.
- 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.
- 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 verification is required for first payments with credit/debit cards.
- I have bought cyrpto from many different merchants, and this so far has been the best experience.
While our Granny example may be far-fetched, Bitit does state that it is working to open cryptocurrency up to users in developing countries. This goal is laudable, however, users need that external wallet setup regardless of where they are. Offering the Ledger Nano S as the only wallet recommendation, which is not a cheap piece of hardware and no picnic to set up for a total newcomer, still seems to be more of a barrier than an enabler. Was a pain trying to purchase bitcoins but after 2 hours of being on phone with my bank and visa I finally got it through.
Very easy to use service
This slows down the trade, especially if the said issue concerns buying process. Bitit focuses primarily on their European customers, being available in all Europe. They however also provice support to Australia, Canada and the United States.
Using the Bitit Platform
When compared with Coinbase’s 3.99%, Bitit definitely comes as a more expensive variant in terms of bank cards. BitIt does not offer leveraged trading, which is usually of interest to the more dedicated traders, but this is fairly common among the cryptocurrency exchanges. There are just a few who offer this type of trading – CexIo, Kraken and bitFlyer – are some. On the other hand, though there bitit review plenty of properly regulated forex brokers who offer leveraged trading on cryptocurrency CFDs.
In general, reviews from users of Bitit tend to be fairly positive. Most of the complaints tend to be about frozen transactions, but no major issues appear to have been reported. Which is just as well, because you’re about to pay the price for the comfortable ride you’ve been enjoying so far (wallet setup proficiency notwithstanding). Once you get your head around this idea of targeting the mainstream for an entry point to crypto, then it makes more sense that Bitit doesn’t offer full exchange services.