The platform offers its services in several regions of the world, accounting for 114 supported countries altogether. Currently, you are able to buy BTC from the USA, most of Europe, Japan, China, South Korea, Turkey, Hong Kong, Singapore, the UK, Australia and Canada. Many of these countries have the ability to use their own domestic currencies through credit cards, bank transfers and cash vouchers. It is fast, simple to use, and offers convenient payment methods with cards, bank transfer, a gift voucher, and several brands of cash vouchers. Other advantages are Bitit’s scope of operations, which includes over 100 countries, and the Bitit gift card.
Bitit – Buy Bitcoin Gift Cards and Earn Rewards Points
The COVID-19 pandemic has made the future of many sectors uncertain. Katan and his team at Bitit are positive that cryptocurrency will only become stronger in the future and hope to simplify the use of crypto-currency globally. Review these top cryptocurrency promotions to earn extra sign-up bonuses for opening new crypto wallets and digital currency accounts.
So you go over the closest one, purchase on spot and then use the receipt to fill out the payment form. 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. Whereas Bitit allows you to buy small amounts of bitcoins with an unverified account, Coinbase demands full identity check prior to the trade. Another important distinction from Bitit is that Coinbase offers competitive fee structure, as you can buy coins for 1.99% using bank transfers and 3.99% with credit cards.
How to Withdraw My Bitcoins?
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.
“We still haven’t gotten to the famous point of ‘crossing the chasm’, where we get to real, mainstream adoption and use,” says Katan about the challenges of crypto-currency. The prime challenge faced by crypto-currency is its complication. Users have trouble understanding complicated terms like blockchain. “We’ve focused on design and ease-of-use from the beginning, to make Bitit the absolute easiest way to buy and sell crypto-assets,” says Katan.
- We cannot foreknow the future and thus cannot say that it is safe to work with this particular platform 100%.
- Users need to register their profile in order to unlock higher buying limits of up to 2500€/week.
- Integrated with crypto-currency, Blockchain will remove the need of banks.
- So you go over the closest one, purchase on spot and then use the receipt to fill out the payment form.
Similar Exchanges to Bitit
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.
You have credit and debit cards that take additional 6.9% form customers when used. When compared with Coinbase’s 3.99%, Bitit definitely comes as a more expensive variant in terms of bank cards. Bitit offers several options when it comes bitit review to bitcoin purchase. You have near-instant credit or debit cards, enabling you to get cryptos fast and easy.
Bitit Referral Program
Though some experts are not sure that Bitcoin gift cards are sufficient for the long term. 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%.
- Coinbase also offers PayPal withdrawals while cash purchases are not available at Coinbase.
- “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.
- Bit-It is a digital platform that enables users to conduct instant, easy, and secure cryptocurrency purchases.
- At Bitit we strive to make the buying of Bitcoin as easy as possible.
The platform has many functions and features to offer for traders. Thus, we review its payment ways, service availability, fee structure, security and privacy. The Bitit platform shows a price chart and order history and is intuitive to use, but it is not a proper trading platform.
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.
Buying Bitcoins with Coincheck
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.
