Bitit Reviews Read Customer Service Reviews of bitit io 4 of 19

Bitit Reviews Read Customer Service Reviews of bitit io 4 of 19

The Q&A section does cover most of the exchange in terms of verification, security, fees and purchase process. The ticket system can be found at “Contact” page or “Help Center”, with the average response time of the customer department being 24 hours. 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.

Review of CEX.IO BTC Broker

For convenience, the support section is divided into categories so there is no need to waste time to find the topic you are interested in. While “exchange” is the only word we have to describe Bitit, it’s not a typical exchange like Coinbase or Bitstamp. Bitit is just a fiat-to-crypto service that allows you to buy crypto and deposit the funds in your own wallet.

Guide to Use Indacoin Exchange

• Founded in Paris in 2015, it’s one of the very few bitcoin exchanges with an actual physical address, which gives them extra credibility.
• According to the company blog, it’s targeting as many local currencies and languages as possible to widen the net for potential new adopters of crypto.
• On the checkout page, users are able to choose from BTC, ETH, BCH, ETC, LTC, NEO, XRP, and XMR making it one of the largest exchanges today offering more than just a couple of choice for you to choose from.
• It is fair to say, that BitIt is if not the only, then one of the very few exchanges, that offers a trading bonus, called BitIt Booster.
• 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.
• Because the platform doesn’t store funds, it doesn’t need to provide cold storage or deal with loss, so users should rely on the safety of the wallet they’re depositing to from Bitit.

It is fair to say, that BitIt is if not the only, then one bitit review of the very few exchanges, that offers a trading bonus, called BitIt Booster. It is not very well explained how it works, but apparently BitIt gives a bonus in Bitcoins (not an entire Bitcoin, obviously) for the active traders. For starters, one has to buy at least EUR 500 worth of bitcoins per week to qualify.

Vs Coinbase

Here at Bitit.io users are unable to sell their crypto but only purchase it from them. If we take it into a technical perspective, this is simply a website that provides exchange services for your Fiat currency. Simply log into your account and head over to your account dashboard. On the upper part of the dashboard, you will see several tabs and one of that tab is called “Buy” with a coin logo. On the checkout page, users are able to choose from BTC, ETH, BCH, ETC, LTC, NEO, XRP, and XMR making it one of the largest exchanges today offering more than just a couple of choice for you to choose from.

• 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.
• Bitit doesn’t require a complicated security apparatus like other exchanges with more functionality do.
• Less attractive are the high fees that make trading on Bitit quite expensive.
• With the account we have (standard) where we just provided an active email address and mobile number, we are unable to transact with them using the Credit Card option.
• For a beginner, it could be one of the best options, but only if the said beginner is happy to go away and navigate the process of setting up their own wallet.
• 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.

Very high fees.

Built with the goal of making cryptocurrency purchases seamless no matter where you live and no matter what payment method you prefer, we worked hard on building the easiest way to access cryptocurrencies. Next on the list will be the Bitit.io Gift Card wherein people are able to purchase the card with denominations of 10, 25, 50, 100, and 250 Euros. The gift card can be bought by one of their partners ma-carte-cadeau.com, avangarde.co, and thegoodgift.co and have it delivered to your doorstep. Gift Card cryptocurrency is great if you want to give them as presents to someone you know or you just want to have a cryptocurrency stored offline until you want to use them. There is an account management team that is there to help users with all of their concerns. The platform also has an extensive FAQ section where you will find answers to your most common questions, including more than enough detail.

Customer support

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. 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. You have near-instant credit or debit cards, enabling you to get cryptos fast and easy.

Countries Supported

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. They offer a Bitit gift card paired in Euros which can be redeemed for Bitcoin, but on the downside, fees can get as high as 11.9% for cash vouchers.