itBit

Description

ItBit is fiat to crypto exchange - and offers EUR, USD & SGD to Bitcoin. The exchange is based in the US and in Singapore.  Security is strong with two factor authentication and cold storage and the interface of the exchange is easy to use and well designed. ItBit takes a different approach to its exchange by allowing users to claim trading credits as they add liquidity to the orderbook. Trading fees also vary depending on the users historic volume - as such trading fees have a broad range of 0-0.5%. Deposits and withdrawals come hand in hand with a standard KYC and AML set of procedures - in particular USD withdrawal has a 72 hour locktime - although this can be reduced on request. There are heavy fees for withdrawal at USD 30 and USD 5 for depositing excluding bank surcharges. Euros carry similarly prohibitive surcharges from the exchange whilst withdrawal and deposit fees for Singapore dollars are much lower and better value, either being free or a max of 2 SGD. 

Address

ItBit, New York, U.S.A

Fees

Maker: 0%, Taker:, BTC 0-2500 : 0.20%, BTC 2500+ : Special Low Fees

Withdrawal

Sepa, Wire Transfer, Giro, Fast

Deposit

Sepa, Wire Transfer, Giro, Fast

Fiat Deposit

NA

Margin Trading

Yes

Accepted Payment Methods

Cryptocurrency only

Website

www.itbit.com

Email

NA

Year Established

2013

Market With Fees

yes

Incorporation Country Code

United States

Recent Monthly Pageviews

153,000,000.0

Alexa Rank

#126

Community Data

Twitter Followers: 5576116

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