Forbes France featured them in their magazine as one of the best platforms to buy bitcoin, Ethereum, and Ripple. 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.

I love Bitit

These changes, in our own opinion, are refreshing, providing more transparent purchase process, showing off fees and making it easier to get coins. There you can copy your referral link or send invitation e-mails to your friends. Upon clicking on your referral link, your friend can sign up for a Bit-It account. If your friend reaches the 100 Euros threshold equivalent, you automatically receive a Bit-It booster that allows you to receive extra coins on your future purchases. Booster covers all purchases within 24 hours after activation. At Bitit, bitcoins are transferred directly to your wallet address when buying them.

Bitcoin Cryptocurrency

Integrated with crypto-currency, Blockchain will remove the need of banks. “Great companies are going to be built by focusing on those usages, not by just forcing blockchain into a solution that would exist anyway,” says Katan. Applications that are possible solely because of blockchain tech must be prioritized. Applications that use it just because it’s a good word to use in a pitch deck should be discouraged, he adds. The Bitit exchange is registered under the name Bitit bitit review 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.

• Bitit is a cryptocurrency exchange based in France that provides users with trading opportunities for Bitcoin and Ethereum.
• Bit-It is a digital platform that enables users to conduct instant, easy, and secure cryptocurrency purchases.
• Bitit is a regulated French company and exchange platform that operated transparently since 2015.
• 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.

Bitit.io: Simplifying Crypto-Currency

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). The fees, no matter what purchase option is chosen, stands at 1%. Bitit allows users to buy BTC and ETH online using cash, a credit or debit card, wire transfer, e-wallet, Neosurf, or Cashlib prepaid vouchers. Users need to register their profile in order to unlock higher buying limits of up to 2500€/week.

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Besides, the referral process takes just a few clicks to share a referral link by e-mail, Facebook, or Twitter. If you have a blog or a website, you can download the platform’s dynamic burners to integrate easily. Fake or duplicate accounts cannot receive any referral payouts. Bit-it reserves the right to change the terms of the referral program without prior information. 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.

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. In this quick guide, we go over one of the oldest players in the cryptocurrency industry called Bitit.

LocalBitcoins is known for its lack of security features, as traders from around the world have reported scams in the past. If you are looking for a way to get bitcoins using your cash or vouchers in Europe, then look no further than this report. The platform Bitit will surely attract you by its benefits, but you should decide if it really meets all your needs. “As a startup, that balance is never ideal, there’s always more work to be done than time to do it.

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. 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.

As mentioned before, you are able to purchase up to €150 with an unverified account using TrustPay and cash vouchers per week. For higher limitations and credit card purchases, you are required to provide scanned ID and a selfie of you holding the document in your hand. Apart from Bitit, there are other exchanges offering similar services and payment methods that you should be aware of.

• Since 2015, Bitit worked tirelessly to add more coins into its portfolio of cryptocurrencies.
• These transfers are a lot slower than credit cards, as they may take between 2 to 5 business days to complete.
• Every entrepreneur needs to focus,” is his advice to upcoming entrepreneurs.
• Bitpanda is a European cryptocurrency exchange that offers several coins for sale, bitcoins included.

Katan believes in living a simple life and applies the same to his work environment. Bitit.io is a France based crypto-currency exchange platform launched in 2015. The platform offers the option to buy Bitcoin, Ethereum, Ripple, and DASH.

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. 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.