Bitit Reviews Read Customer Service Reviews of bitit io

Bitit Reviews Read Customer Service Reviews of bitit io

Companies on Trustpilot can’t offer incentives or pay to hide any reviews. 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. Due to strict anti-money laundering policies, only verified users… Even without any extra fees for conversion, you could find smaller fees in other exchanges.

Fast

While crypto exchanges such as Binance are often targeted towards traders, Bitit is very clearly targeting itself towards crypto novices. The service aims to make it easy for anyone to buy cryptocurrencies using a credit card or various other payment methods. 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%.

How Does BitIt Let You Buy Crypto Locally?

She’s authored and ghostwritten more than 250 pieces on blockchain and cryptocurrencies. In addition to writing and researching, bitit review she also runs her own websites – find out more at sarahrothrie.com. 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.

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. The platform offers extensive FAQ section and direct contact form when it comes to customer support.

Awesome service

Select credit card to change the fields to reflect your choice, and enter the information required including card number, expiration date, CVV code and your full name. Bitit supports all major card networks including VISA, Mastercard, Maestro, and Amex. Using a bank account is accomplished through TrustPay (compatible with SEPA) and is only available for EU users. One can also use a Bitit gift card or click on Store Locator to find a local shop that will sell crypto over the counter to those who pay with Cashlib, Neosurf, or Bitit vouchers. After the purchase, choose the external wallet you’d like to send the coins to and then Proceed to Payment. The company is also working on integrations with different payment providers to enable easier cash payments for countries that don’t have a large base of credit card users.

It take a long before it take my card…

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. There is the option to buy up to EUR 150 worth of cryptocurrencies, by just providing name, address, birth date and e-mail and paying with cash vouchers like Cashlib and Neosurf. Despite high fees and the absence of crypto deposits, Bitit makes up for it with a unique gift card and voucher system and superior reliability.

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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 plenty of properly regulated forex brokers who offer leveraged trading on cryptocurrency CFDs.

By this stage, most seasoned crypto enthusiasts are probably scratching their heads and wondering “But what’s the point then? ” What’s important to understand is that Bitit is not marketing itself towards the seasoned crypto enthusiast. It is firmly trying to establish itself as a platform that opens up the world of crypto to new entrants, even to those who would otherwise be unable to access it. In this Bitit review, we look at the features and give you our overall verdict of the Bitit platform. So far so good, this was fairly simple to set up and understand and navigate.

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