Bitit Review

Bitit Logo

Bitit is a cryptocurrency exchange that has been offering online access to the global digital currency markets through an intuitive e-commerce platform since 2015. They are headquartered in Paris, France, but they are available in more than 50 countries in the world. The Exchange offers access to several cryptocurrencies, including the following Ethereum, Bitcoin, Ripple, Chainlink, Tether, Litecoin, Cardano, and others. Traders benefit from a selection of educational resources, while a client support team is on hand to assist them. A live trading account can be opened with a minimum deposit of $3, and a commission fee of 1% is charged on trades.

Bitit Review Introduction

In this Bitit review, we will take a look at some of the most important factors worth considering when choosing a broker for your online trading needs. This includes trading platforms, trading tools, research and education, account funding options, customer support, and broker regulation.

You may also wish to view my best brokers based on countless hours that I have spent researching and testing hundreds of brokers, all of which you can see in my broker reviews. You can also use my free trading tool to compare brokers including Bitit.

Bitit Platforms & Tools

Traders can trade all the available cryptocurrencies through an e-commerce trading platform, which was developed in-house by the Exchange. The platform has an advanced yet user-friendly interface, which makes it suitable for traders of all experience levels. The Bitit trading platform is web-based and can be accessed directly from the Exchange’s website without the need to first download and install any application. There is no standalone trading tool on the Exchange’s website, but traders can make do with the ones built into the provided trading platform.

Bitit Research & Education

There is a vast array of educational materials on the Exchange’s website, and they are designed to improve the trading skills and knowledge of clients. The available materials include news, blogs, articles, and an FAQ section, which answers some of the most common questions that traders may have.

Bitit Review Blogs
Bitit Review Blogs

Bitit Trading Accounts

Bitit offers a single live trading account that requires an initial deposit of $3 to start trading. They charge commission fees as low as 1% on trades.

Bitit Account Funding

Traders can deposit and withdraw funds to and from their trading accounts using any of the following payment methods: credit/debit cards, bank transfer, and cash voucher.

Bitit Review Deposit and Withdrawal Methods
Bitit Review Deposit and Withdrawal Methods

Please note that some payment methods may not be available in specific countries, while the time taken to process transactions may vary depending on the payment method in use.

Bitit Customer Service

Bitit customer support team is available 24/7 to respond to clients’ general, technical, and account-related inquiries. They can be reached via email, social media, or by filling out the contact form on the Exchange’s website.

Bitit Regulation

Bitit is owned and operated by Bitit Limited, a joint-stock company listed in France on the Paris Trade and Companies Register under the number 810222513. However, the Exchange does not seem to be regulated by any known financial authority at the moment. Many experts and professionals would not trade with an unregulated exchange because the safety of their invested funds is not guaranteed.

Bitit Review Summary

Bitit is a cryptocurrency exchange that provides traders with a simple trading platform that is available in the web version for buying and selling several crypto assets. There are learning tools and a client support team available to assist traders. They offer access to a single live trading account with a required minimum deposit of $3 whilst charging low commissions on trades. However, there is no regulatory information on the Exchange’s website at the moment, which could be seen as a red flag by some potential traders.

It is worth mentioning that some of the trading products and services in this Bitit review may differ or not be available to traders in some countries due to regulations. As brokers’ terms can change over time, please verify all information is up to date directly from the Bitit broker website which you can visit by using the link below.

The price of crypto-assets is extremely volatile and variations are unpredictable. The price of crypto-assets may increase or decrease very quickly. Buying crypto-assets is high risk and includes the risk of losing the total value of a crypto-assets purchase. You must act with caution and vigilance by limiting your purchases of crypto-assets you can bear to lose without putting yourself in financial jeopardy. As such, it is not recommended that you convert all your liquid assets to crypto-assets given that crypto-assets are volatile and can decrease without warning.

Bitit

6

Spreads

7.5/10

Liquidity

7.5/10

Commissions

7.5/10

Support

7.5/10

Regulation

0.0/10

Features

  • An intuitive web-based trading platform
  • A selection of educational resources
  • Multiple cryptocurrencies