Bitit: why closed? 22 alternatives for bitit.io (09.2024)
What was Bitit (now defunct) in a nutshell? It was maybe not the most popular, yet rather an aged exchange service (broker) working with 1 cryptocurrency: you could buy and sell coins using 15 fiat currencies (3 banks & payment systems were supported). Exchange service started the business Mar 2016, it served the customers for a few years.
This Broker served the clients from 97 countries (including your country: United States!). It was open for the US customers and allowed registrations from all the 56 states and territories. In the year 2021 Bitit was closed. The reason why the broker had to close the doors was some complications with regulation, etc.
Research: the best alternative to Bitit
Since there is no way you can use the services of bitit in 2024, we took the liberty to research the market and suggest a viable, well-known, 100% trusted alternative exchange platform. How we did it? Let's explain! Makes sense to start from figuring out what exactly we are looking for:
Bitit was the Broker; Société BITIT (dba Bitit) started the business in March 2016. The entity was operating for 8 years and 5 months and gained some popularity on the market. The company was based in the France with the headquarters located in Paris. Official Bitit registration address was 40 rue Alexandre Dumas, 75011.
Bitit CEO was Nicolas Katan.
Quote about Bitit from the reviewer: «The exchange development started in 2015. Company was founded by three friends who believe that every person in even the remotest part of the world should have a simple access to the cryptocurrencies. As the website says, "Access the leading blockchain assets without headaches"!» Broker was not rated by our platform. Website only assisted the users to exchange various electronic currencies, no extra services were provided.
Considering all the abovementioned, we were looking for another broker allowing registrations from United States with a flawless reputation and the best rating and found a perfect match: TransCoin! Let's explain what makes it the best choice for you:
TRANSCOIN is also a Broker; exchange started to provide the services in May 2018. It is a really trusted, surely a respectable, well established, interesting exchange platform (broker) that supports 1 cryptocurrency: you can This is what we value the most about this great exchange service:
- It is a respectable financial company; the firm holds required license(s) and is fully compliant with the regulation
- The business model of an exchange broker doesn't require to store the customers' money, there are no accounts, etc. The crypto (or fiat) payment will be instantly delivered to a wallet (bank or fiat payment system) of your choice
- The exchange runs the business for a long time; project was started 6 years and 3 months ago
- TransCoin accepts the registrations from 255 countries; customers from United States can use the services
- Customers' testimonials are top notch, 100% (5 out of 5) wrote about the positive experience doing business with TransCoin.
According to our research and the community vote, TransCoin is the best Broker worldwide. That's a really outstanding result, considering that we compare 333 exchange platforms! Long story short, this means that transcoin.me truly stands out in terms of reliability, reputation, etc. - you name it... We are sure, you won't regret your choice!
So, let's conclude: the best alternative to Bitit is
TransCoin, a perfectly safe and trusted broker, rated 100/100. Such score is really, really hard to get, only very exchange services managed to get such a high rating! Let's break down how the transcoin.me exchange could get such a scoring.More alternatives to Bitit
Of course, we can suggest some more alternative exchange services you can use instead of the "dead" bitit.io. We picked a few similar exchanges that provides more or less the same service: other ones of broker type mostly. Besides, we found platforms having similar rating that are popular in United States particularly and North America in general. If the only question that you want to ask is "what exchange has the best rates to buy and sell BTC and 50 cryptocurrencies?", our price comparison platform always finds the most beneficial exchange rates in United States!
Bitit vs 100monet
Let's compare the most important features and key facts about the 100MONET with what Bitit (RIP) offered us in the past to make a conclusion if 100monet will be the optimal choice for you:
- 100monet is a broker Bitit was a broker, both following the same approach to the business.
- 100monet had launched the service December 2014 Bitit started the project March 2016 (100monet is operating for 1 years and 3 months longer).
- 100monet operates without any registration or no information is available about the legal entity Bitit was an ordinary limited company without any licenses, etc. (Bitit 's approach to the business made it a safer and more stable solution).
- Besides the service of digital currency exchange, 100monet provides no other services Bitit provided few more financial services: it allowed us to purchase and sell digital currencies.
- 100monet allows users' registrations from 255 countries; and we are glad to say that the people from United States are welcome You could register at the Bitit if you were a resident of one of 97 countries; it served United States among all others (Bitit had less countries supported).
- When the client needs to pass through the KYC process at 100monet, they usually ask to provide some (it depends on various factors) documents and / or specific procedures The process of Customer Identification at Bitit normally consisted of 1 procedure: the ID Verification. (Bitit compliance stuff traditionally asked the client to provide more data, pass through more procedures).
We can't make a decision — is 100monet a worthy alternative to Bitit — instead of you, but we'll try to assist with the matter. Although we can't say we are really impressed with the rating 100MONET currently has: 67 of 100, there are plenty of other services that can replace a dysfunctional broker, mostly the highest ranked TransCoin!
Like reading? In fact, there are more exchanges worth comparing to Bitit, for example, those ones:
Bitit vs 1-online
Let's compare the most important features and key facts about the 1-ONLINE with what Bitit (RIP) offered us in the past to make a conclusion if 1-online will be the optimal choice for you:
- 1-online is a broker Bitit was a broker, both following the same approach to the business.
- 1-online had launched the service February 2017 Bitit started the project March 2016 (Bitit operated 10 months longer).
- 1-online operates without any registration or no information is available about the legal entity Bitit was an ordinary limited company without any licenses, etc. (Bitit 's approach to the business made it a safer and more stable solution).
- Besides the service of digital currency exchange, 1-online provides no other services Bitit provided few more financial services: it allowed us to purchase and sell digital currencies.
- 1-online allows users' registrations from 255 countries; and we are glad to say that the people from United States are welcome You could register at the Bitit if you were a resident of one of 97 countries; it served United States among all others (Bitit had less countries supported).
- When the client needs to pass through the KYC process at 1-online, they usually ask to provide some (it depends on various factors) documents and / or specific procedures In most of the cases, it takes about a day or two, as per the actual clientele survey results The process of Customer Identification at Bitit normally consisted of 1 procedure: the ID Verification. (Bitit compliance stuff traditionally asked the client to provide more data, pass through more procedures).
We can't make a decision — is 1-online a worthy alternative to Bitit — instead of you, but we'll try to assist with the matter. Although we can't say we are really impressed with the rating 1-ONLINE currently has: 67 of 100, there are plenty of other services that can replace a dysfunctional broker, mostly the highest ranked TransCoin!
Like reading? In fact, there are more exchanges worth comparing to Bitit, for example, those ones:
Bitit vs AlfaCashier
Let's compare the most important features and key facts about the ALFACASHIER with what Bitit (RIP) offered us in the past to make a conclusion if AlfaCashier will be the optimal choice for you:
- AlfaCashier is a broker Bitit was a broker, both following the same approach to the business.
- AlfaCashier had launched the service May 2012 Bitit started the project March 2016 (AlfaCashier is operating for 3 years and 10 months longer).
- AlfaCashier operates without any registration or no information is available about the legal entity Bitit was an ordinary limited company without any licenses, etc. (Bitit 's approach to the business made it a safer and more stable solution).
- Crypto to crypto exchange aside, AlfaCashier provides no other services Bitit provided few more financial services: it allowed us to purchase and sell digital currencies.
- AlfaCashier supports 17 cryptocurrencies Bitit allowed to exchange only one crypto (Bitit supports 16 fewer cryptocurrencies).
- AlfaCashier allows users' registrations from 255 countries; and we are glad to say that the people from United States are welcome You could register at the Bitit if you were a resident of one of 97 countries; it served United States among all others (Bitit had less countries supported).
- AlfaCashier allows the visitor to remain anonymous; there is nothing like the account verification, etc. The process of Customer Identification at Bitit normally consisted of 1 procedure: the ID Verification. (Even though Bitit respected the KYC, AML/CFT, etc., it can't operate for a while, meantime alfa.cash still authorizes anonymous trades and traders!)
We can't make a decision — is AlfaCashier a worthy alternative to Bitit — instead of you, but we'll try to assist with the matter. Since we haven't collected enough customers testimonials to rate ALFACASHIER yet, we advice to check the other possible substitutes for Bitit, especially the top ranked TransCoin!
Like reading? In fact, there are more exchanges worth comparing to Bitit, for example, those ones:
Bitit vs bitcoin24exchange
Let's compare the most important features and key facts about the BITCOIN24EXCHANGE with what Bitit (RIP) offered us in the past to make a conclusion if bitcoin24exchange will be the optimal choice for you:
- bitcoin24exchange is a broker Bitit was a broker, both following the same approach to the business.
- bitcoin24exchange had launched the service September 2017 Bitit started the project March 2016 (Bitit operated 1 years and 5 months longer).
- bitcoin24exchange operates without any registration or no information is available about the legal entity Bitit was an ordinary limited company without any licenses, etc. (Bitit 's approach to the business made it a safer and more stable solution).
- Besides the service of digital currency exchange, bitcoin24exchange provides no other services Bitit provided few more financial services: it allowed us to purchase and sell digital currencies.
- bitcoin24exchange allows users' registrations from 255 countries; and we are glad to say that the people from United States are welcome You could register at the Bitit if you were a resident of one of 97 countries; it served United States among all others (Bitit had less countries supported).
- When the client needs to pass through the KYC process at bitcoin24exchange, they usually ask to provide some (it depends on various factors) documents and / or specific procedures The process of Customer Identification at Bitit normally consisted of 1 procedure: the ID Verification. (Bitit compliance stuff traditionally asked the client to provide more data, pass through more procedures).
We can't make a decision — is bitcoin24exchange a worthy alternative to Bitit — instead of you, but we'll try to assist with the matter. Since we haven't collected enough customers testimonials to rate BITCOIN24EXCHANGE yet, we advice to check the other possible substitutes for Bitit, especially the top ranked TransCoin!
Like reading? In fact, there are more exchanges worth comparing to Bitit, for example, those ones:
Bitit vs bixter
Let's compare the most important features and key facts about the BIXTER with what Bitit (RIP) offered us in the past to make a conclusion if bixter will be the optimal choice for you:
- bixter is a broker Bitit was a broker, both following the same approach to the business.
- bixter had launched the service March 2019 Bitit started the project March 2016 (Bitit operated 3 years and 0 months longer).
- bixter operates without any registration or no information is available about the legal entity Bitit was an ordinary limited company without any licenses, etc. (Bitit 's approach to the business made it a safer and more stable solution).
- Besides the service of digital currency exchange, bixter provides no other services Bitit provided few more financial services: it allowed us to purchase and sell digital currencies.
- bixter allows users' registrations from 255 countries; and we are glad to say that the people from United States are welcome You could register at the Bitit if you were a resident of one of 97 countries; it served United States among all others (Bitit had less countries supported).
- When the client needs to pass through the KYC process at bixter, they usually ask to provide some (it depends on various factors) documents and / or specific procedures The process of Customer Identification at Bitit normally consisted of 1 procedure: the ID Verification. (Bitit compliance stuff traditionally asked the client to provide more data, pass through more procedures).
We can't make a decision — is bixter a worthy alternative to Bitit — instead of you, but we'll try to assist with the matter. Since we haven't collected enough customers testimonials to rate BIXTER yet, we advice to check the other possible substitutes for Bitit, especially the top ranked TransCoin!
Like reading? In fact, there are more exchanges worth comparing to Bitit, for example, those ones:
Another approach: finding the best rate to exchange BTC & crypto in United States and North America
There is another way of finding the most worthy alternative to Bitit that will work best for you considering:
- The fees and rates provided at the moment by 21 exchange websites of a "Broker" type and 10,613 other offers.
- BTC/USD exchange rate at those ; the availability of service for the residents of United States.
- Which local banks & payment systems out of 154 serving US are the fastest, most convenient and cost-efficient personally for you.
- Amount you need to swap: say, the conditions for exchanging USD 1 will be significantly different from the terms of $58,802.0 conversion.
- And of course, you see the rating, users reviews (up-to-date 539 real clients testimonials), etc. for all the offers available!
Our platform could find 49 offers to buy, sell, exchange BTC available to users from United States, and 42 of these are for the US Dollar currency. There are totally 27 exchange services supporting US. Some of those are providing the access to USD|BTC market, including such types as e-wallet, P2P Marketplace, Trading Platform, etc. 5 exchanges has active offers for these currencies right now; you can buy/sell using 20 local and international payment systems & banks! The local dealers and exchanges are mentioning the support of 17 local banking institutions and the payment systems. According to the latest data we have, the lowest fee to purchase BTC with USD locally is available for Etana, that's a local payment system. The most popular domestic options for purchasing BTC @ US:
- Barter from Flutterwave | 50 ads
- GoBank Card | 34 ads
- MyVanilla Reloadable | 22 ads
- JCPenney | 13 ads
- Cash in Person | 5 ads
- Paypal | 5 ads
- Nike | 4 ads
- Cash App (Square) | 4 ads
- Other Gift Cards | 4 ads
- Visa & Mastercard | 3 ads
Bitit supported domestic US Dollar currency to buy and sell crypto. Luckily, there are much more ways of buying BTC at the platforms we compare the rates: 17 (20 counting international payment systems) vs 1 (just Visa & Mastercard only for buying ) @ Bitit! There also are many inexpensive ways to buy/sell crypto from the international exchange services in North America and worldwide, and if this is not enough, there are plenty of P2P dealers all across the United States.