The website is user-friendly and their customer support team is always available to assist. I highly recommend Bitit to anyone looking to enter the world of cryptocurrencies. I have been using their services for the past year and I am extremely satisfied. The website is user-friendly and the customer support team is always quick to respond to any queries. I highly recommend Bitit for anyone looking to buy or sell cryptocurrencies. The platform offers extensive FAQ section and direct contact form when it comes to customer support.
- From registration/verification to payment to receiving your crypto, it’s all done swiftly without any BS.
- No one has got back to me it’s another scam, robbing people of their money during a pandemic.
- Personalized customer support is also available for all account holders.
- The platform went through major changes in design at the end of 2017, creating a new environment for traders to buy and sell coins.
- The purchase fee with Credit Cards is still higher than some other competitors such as Binance.com (@3.5%), Blackmoon.net (@3%).
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.
Exchange Fees
I appreciate their wide range of available cryptocurrencies and the competitive rates they offer. Paxful is similar to LocalBitcoins to the point where we can safely call them direct rivals in the cryptocurrency market. It provides numerous payment methods for its clients to use for a low fee. Thus, we made a tutorial about the platform, indicating its pros and cons in terms of cryptocurrencies available, payment options and fee structure. Bitit exchange can be considered as a somewhat expensive platform when it comes to purchasing fees.
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. 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. Bitit is an excellent company that provides a seamless experience for buying and selling cryptocurrencies. The website is intuitive and easy to use, and their customer support team is always responsive and helpful.
Quick and easy purchase of crypto
You can check out our review of available platforms that accept PayPal as a mean of purchase in the meantime. You have the ability to purchase BTC with an unverified account of privacy depends on individual traders. LocalBitcoins is known for its lack of security features, as traders from around the world have reported scams in the past.
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You will however be able to purchase BTC easily with any credit card. I am able to deposit money which I have done, however I am not able to sell my bitcoin and convert it into withdrawable money. Verification can help ensure real people are writing the reviews you read on Trustpilot. Apart from Bitit, there are other exchanges available for you to buy bitcoins.
How to Withdraw My Bitcoins?
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.
Confusing/faulty selling and withdrawing functions
Many of these countries have the ability to use their own domestic currencies through credit cards, bank transfers and cash vouchers. Apart from Bitit, there are other exchanges offering similar services and payment methods that you should be aware of. Regulated cryptocurrency exchanges which let you buy and sell coins always have to verify your ID before you can use their service, this is vital in staying compliant with laws and regulations. Therefore, as you probably guessed, you have to complete verification on Bitit.
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.
On 5 February 2019, however, the exchange announced that they would now also enable SEPA-transfers (a sort of wire transfer) in EUR. Moreover, on 20 November 2019, Bitit started accepting Skrill-transfers. Your go-to source for detailed reviews and comparisons of digital products and services.
BTC/UAH exchange rate at those or BTC/USD, etc; the availability of service for the residents of Ukraine . 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. We want to thank you, our customers, for all the support you’ve given us along the way.
- The Q&A section does cover most of the exchange in terms of verification, security, fees and purchase process.
- 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.
- Agree to the privacy policy and terms of use then input your address, city, postal code, birthday and country of residence.
- Bitit is based out of France with their headquarters located at 25 Rue du Petit-Musc, Paris, France.
- What’s even better is that I was able to purchase my altcoin of choice rather than have to buy BTC first and then pay an exchange fee.
This aspect can make a customer’s experience with the exchange amazing or terrible. As one of the world’s leading sites for buying crypto instantly, Bitit is packed with useful features which make the user experience simple, easy and secure. Yes, Bitit is a legitimate cryptocurrency exchange which is run by a legal company registered in the European Union. 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. The platform offers only bitcoins through various payment methods (over 50 of them).
Buy and sell bitcoins in a few clicks using your Visa or MasterCard (max $1,000 daily without verification). Simplest, most straightforward purchase process with reasonable fees. What’s even better is that I was able to purchase my altcoin of choice rather than have to buy BTC first and then pay an exchange fee. Welcome to BitcoinBestBuy – our simple and quick guide to buying bitcoins online with a credit card, finding the best and most reputable bitcoin exchanges; and securely storing your altcoins. Bitpanda is a European cryptocurrency exchange that offers several coins for sale, bitcoins included.
Bitit is an excellent company that provides a seam…
There is nothing complicated about CoinCorner, given the team’s ambition of creating a simple, quick, and secure BTC exchange platform. To purchase/sell BTC, users must create an account, complete the KYC procedure , and make a deposit in one of the supported payment methods. Whereas Bitit allows you to buy small amounts of bitcoins with an unverified account, Coinbase demands full identity check prior to the trade. Another important bitit review distinction from Bitit is that Coinbase offers competitive fee structure, as you can buy coins for 1.99% using bank transfers and 3.99% with credit cards. Since 2015, Bitit worked tirelessly to add more coins into its portfolio of cryptocurrencies.