The platform offers extensive FAQ section and direct contact form when it comes to customer support. 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. To an experienced Bitcoiner, it may seem like much less of a hassle to just buy bitcoin on an exchange by yourself. 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.
- Based in Paris (France) Bitit is a cryptocurrency exchange platform that provides digit CASHlib coins for fiat money purchases.
- 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.
- 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.
- Traditional gift cards can be redeemed into products or some kind of digital money but always in a centralized environment controlled by the gift card emitter.
The transaction itself is near instantaneous once you provide receipt details. Due to the European regulations, all data on its website and on its communication channels are encrypted. Thus, hackers would need a lot more time and effort to break through the system than those platforms that have not invested in blocked content. # Bitcoin Affiliation Program with Bitit Earn up to 20% of Bitit commission fee.
Based in Paris (France) Bitit is a cryptocurrency exchange platform that provides digit CASHlib coins for fiat money purchases. The platform was founded by three cryptocurrency professionals, Nicolas Katan, Ugo Mare and Simon Poter in 2015. 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. CEX.IO, unlike LocalBitcoins and Paxful, is more close to Bitit, as you can buy or sell coins directly from the company. Head over to our guide about CEX.IO’s platform, as we investigate its verification demands, fee structure, countries supported and much more.
Depending on the method used, you can get BTC from 10 minutes to a week. Credit cards are the fastest available channel, as the transaction takes up to 20 minutes to be conducted. You wait for about 5 minutes for the transfer to be confirmed and additional 10 to 15 minutes for coins to reach your specified wallet. Bitit is a regulated French company and exchange platform that operated transparently since 2015. The information is transparent and stored on every data point in the network. The identity of users is secure with access to authorized personnel.
Bitit (French company)
Bitcoin is an innovative payment network and a new kind of money. You may also be interested in LocalBitcoins to buy and sell Bitcoins locally. TheFamily nurtures Entrepreneurs through education, unfair advantages & capital.
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We also provide step-by-step guides on how to buy and withdraw your coins. 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.
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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. After complete account verification users may buy Bitcoin up to 500€ per week by credit card. Users must provide full identity verification, including a selfie and picture of an ID. Bitit exchange can be considered as a somewhat expensive platform when it comes to purchasing fees.
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- The identity of users is secure with access to authorized personnel.
- At Bitit we strive to make the buying of Bitcoin as easy as possible.
- Bit-It is a digital platform that enables users to conduct instant, easy, and secure cryptocurrency purchases.
- “With a disease like COVID-19, we’ve seen that anything that can be done to reduce direct physical contacts helps to slow the virus down,” says Katan.
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.
Bitit’s prepaid solution aims to remove all the obstacles and simplify access to Bitcoins for all. Whether it is purchased for now or for later, your card value will remain stable until the cardholder activates it to receive his Bitcoins on the Bitit platform. This feature makes the Bitit card different from other gift card solutions. 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.
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. Forbes France featured them in their magazine as one of the best platforms to buy bitcoin, Ethereum, and Ripple. Bitit is a simple tool that allows you to buy, offer, and receive Bitcoins using credit cards or cash, plus you can earn rewards points on all of your purchases toward free Bitcoins. 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.
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Technology Innovators may receive compensation for certain links to products and services on this website. The Cryptocurrency Superboom 2020 by Weiss Ratings is part of Weiss Ratings Crypto Investor membership research service where bitcoin, blockchain… 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. Cash vouchers can be either fast or slow, depending on how close the store nearest to you is.
Many Bitcoin gift card services are already available bitit review such as Gyft, BitGreet, etc. Bitit, unlike any previous solutions, allows users to buy the gift card with cash and redeem as Bitcoin. Also, Bitit has a physical gift option, not just a digital version. Bitit makes the buying of Bitcoin as easy as buying any retail gift card.
XOXO Network is a new multi-level network marketing cryptocurrency opportunity that is based on blockchain smart contracts that claims to… By credit card or by cash in more than 100K+ Local stores choose your most convenient way to buy Bitcoin. 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. Coinbase also offers PayPal withdrawals while cash purchases are not available at Coinbase.
Buying with a credit card and one email address in order to get your bitcoin in less than 10 minutes. Bitit is a new Bitcoin gift card company that wants to make it easier for Europeans to buy bitcoins. The company believes that their gift cards are a way to smooth the learning curve involved in using bitcoin without an intermediary. On the consumer end, there are no wallets involved or keys to remember, all they do is sign up for a Bitit account and receive a euro-denominated gift card funded with bitcoin.
Anybody in the world can use Bitit to buy Bitcoin instantly online with a credit card either for yourself or to send to someone else. We received testimonies from customers telling how much they were happy not having to call their banks, initiate a wire transfer and wait for 2-3 days. Parisian startup incubator TheFamily seems to agree with Bitit, accepting the gift card startup as its first Bitcoin project. The only setback of Bitit is that it is only for Euros right now. However, overall, the Bitit gift card service is worth looking into if one needs Bitcoin quickly., but not a long-term solution.