Currencies: 186 (152 fiat & 34 crypto) Countries: 255 PSs & Banks: 325 Exchanges: 307 Offers:
BTC/USD:

Bitit review & testimonials (updated 11.2019)

Bitit user interface: the home page in English

What is Bitit in a nutshell? It's recently added to our monitoring, well established, promising exchange service (broker) supporting 16 cryptocurrencies: you can buy and sell coins using 15 fiat currencies (4 banks & payment systems are supported). Exchange service started the business Mar 2016, it serves the clients for a few years.

The exchange charges high fees: 0.25% — 8.75% (although, according to our statistics 89% exchanges take higher average fee) and has medium buying limits: $55 — $1,659 (in accordance with the statistics we've collected, 84% exchanges have higher order limits). This Broker welcomes customers from 97 countries (including your country: United States!). It serves the US and allows registrations from all the 56 states and territories. Unfortunately we couldn't yet collect enough data about the order processing speed from the customers of Bitit, although according to the information from the exchange itself, order processing is automated and should be instant. You will have to verify your account (just ID Verification should be required) before being able to use the service.

Since 2016, Bitit is working hard to get great testimonials from the users. Although, since this Broker was recently added to our price comparison platform, we have no user reviews yet. Maybe you can help? If you have any experience dealing with Bitit, can you please leave your testimonial? It will surely be a great help for us and all the community, thanks!

Based on all these facts, our verdict is the following: Bitit is a promising, although not yet reviewed much by our visitors place to buy and sell cryptocurrencies, an interesting exchange that we believe will get some nice feedback soon!

Overview: is Bitit safe?

Bitit is the Broker; Société BITIT (dba Bitit) started the business in March 2016. The company is based in the France with the headquarters located in the Paris. Official Bitit address is 40 rue Alexandre Dumas, 75011.

Bitit CEO is Nicolas Katan.

Answering the question how safe is Bitit:

We are sorry, our platform has't yet collected enough data, but you can help! We know fairly much about this Broker (please continue reading), but our policies require to collect more testimonials from the users of Bitit to draw a conclusion. Do you have any experience dealing with this service? Please add your feedback, this will be a great help! Or maybe you know someone who does? Kindly ask him/her to tell us about it here! We really appreciate your participation.
Time in the business: 3 years 7 months
Business model: no special licenses, etc.

Overall rating for Bitit: N/A

Pros & Cons of Bitit

Although Bitit is not yet rated by our visitors, there probably are many downsides that people don't like, but there also should be strong sides. Who knows, maybe for you, our dear visitor, these are most important and you'd consider this exchange as one of the best ones. Let's check it out:

  • Broker operates for a long time, service was started 2016.03.
  • 16 digital currencies and 15 fiat ones are supported: definitely a good choice! 4 payment systems and banks are supported, both international and national ones: Visa & Mastercard, SEPA Transfer, Neosurf, etc.
  • Bitit doesn't hold the clients funds, delivering the funds directly to your wallet.
  • Many countries are not supported, please check if yours is in this list before registering!
  • Brokers are less regulated exchanges, you are basically on your own if you have problems with such a service.

Seems that there are not so many cons, but a lot of pros. We hope you will enjoy your experience exchanging at Bitit! Try Bitit today and let us know how you like it!

Services, Bitit Provides

The platform provides the following cryptocurrency exchange-related services:

  • Allows the customers to buy cryptocurrencies with fiat currencies
  • Provides the clients with ways to "cash out" the crypto to fiat currency

As we can see, Bitit doesn't provide any services besides the cryptocurrency exchange, althought it's definitely not a bad thing; after all, we came here for the crypto exchange, right?

Currencies & Payment Systems

Bitit provides the service of buying and selling 16 digital currencies using fiat currencies. The following cryptocurrencies are available to buy/sell: Cardano (ADA), Bitcoin Cash (BCHABC), Binance Coin (BNB), Bitcoin (BTC), Dash (DASH), EOS (EOS), Ether Classic (ETC), Ether (ETH), Litecoin (LTC), IOTA (MIOTA), TRON (TRX), USD Coin (USDC), Tether (USDT), Stellar (XLM), Monero (XMR), Ripple (XRP).

There are not much exchanges with so many cryptos supported! If you are not sure, which one of these electronic currencies you are most interested in, you are welcome to read our guides. For example, these: Cryptocurrencies without proof of work to buy in 2019.

15 fiat currencies are supported to provide crypto purchase and selling: Australian Dollar (AUD), Canadian Dollar (CAD), Chinese Yuan (CNY), Danish Krone (DKK), Euro (EUR), Pound Sterling (GBP), Hong Kong Dollar (HKD), Japanese Yen (JPY), South Korean Won (KRW), Norwegian Krone (NOK), Swedish Krona (SEK), Singapore Dollar (SGD), Turkish Lira (TRY), US Dollar (USD), South African Rand (ZAR). The Broker will let you buy and sell Bitcoins and 15 other cryptos using the following payment systems:

  • Visa & Mastercard. An international payment system (available worldwide) allowing credit/debit cards payments in various currencies. HKD, TRY, CNY, SGD, SEK, NOK, JPY, AUD, GBP, CAD, KRW, DKK, EUR, ZAR and USD payments are available for purchasing cryptos at the exchange. Visa & Mastercard is a popular way to buy BTC and other cryptocurrencies available at 78 exchanges of various types. You are welcome to find the best rate for buying bitcoin with visa & mastercard at our home page!
  • SEPA Transfer. An international payment system (it's available in 46 countries) allowing international bank transfers payments in Euro currency. Just the EUR payments are available for both buying and selling cryptocurrencies at this exchange.
  • Neosurf. An international payment system (it's available in 54 countries) allowing prepaid cards payments in various currencies. Just the EUR payments are available for purchasing cryptos at the exchange.
  • CASHlib. An international payment system (it's available in 13 countries) allowing prepaid cards payments in various currencies. Just the EUR payments are available for purchasing cryptos at the exchange.

Bitit fees

The fees you need to pay at this broker during the process of buying and selling cryptocurrencies are easier to understand if you break it down like that (note that you can skip the details, jumping to the conclusion):

  1. Service/processing fee. Depending on the fiat payment system and currency, it's as follows:
    • 8.75% when you pay money using CASHlib in Euro.
    • 8.75% when you pay money using Neosurf in Euro.
    • 0.25% when you pay money using SEPA Transfer in Euro.
    • 0.25% when you are receiving funds to SEPA Transfer in Euro.
    • 3.9% when you pay money using Visa & Mastercard in South Korean Won.
    • 3.9% when you pay money using Visa & Mastercard in Danish Krone.
    • 3.9% when you pay money using Visa & Mastercard in Swedish Krona.
    • 3.9% when you pay money using Visa & Mastercard in Canadian Dollar.
    • 3.9% when you pay money using Visa & Mastercard in Singapore Dollar.
    • 3.9% when you pay money using Visa & Mastercard in US Dollar.
    • 3.9% when you pay money using Visa & Mastercard in Norwegian Krone.
    • 3.9% when you pay money using Visa & Mastercard in Chinese Yuan.
    • 3.9% when you pay money using Visa & Mastercard in South African Rand.
    • 3.9% when you pay money using Visa & Mastercard in Japanese Yen.
    • 3.9% when you pay money using Visa & Mastercard in Turkish Lira.
    • 3.9% when you pay money using Visa & Mastercard in Hong Kong Dollar.
    • 3.9% when you pay money using Visa & Mastercard in Euro.
    • 3.9% when you pay money using Visa & Mastercard in Pound Sterling.
    • 3.9% when you pay money using Visa & Mastercard in Australian Dollar.
  2. Miners fee. Please note that this fee applies only when you buy bitcoin or other cryptocurrency!
    • 0.000500 BTC when you purchase Bitcoins
    • the usual transaction fee in the according crypto, when you are buying: ADA, BCHABC, BNB, DASH, EOS, ETC, ETH, LTC, MIOTA, TRX, USDC, USDT, XLM, XMR, XRP.

Are Bitit fees high or low?

Now it's time to draw a conclusion: Bitit takes high fees from the clients. According to our statistics, fairly big percent of the exchanges charge some less (although please be aware that it mostly depends on the exchange direction!) than Bitit does. For example, an average fee you pay to buy Bitcoin with Visa & Mastercard in EUR across various exchange brokers, trading platforms, p2p marketplaces and e-wallets is 6%, Bitit charges 3.9% for this. Seems fair!

Buying and selling limits

This Broker has the following limits, applicable when you buy or sell cryptocurrencies:

  1. Purchase limits (when you buy crypto).
    • €10 minimal buy and €250 max purchase when using CASHlib in Euro.
    • €10 minimal buy and €250 max purchase when using Neosurf in Euro.
    • EUR 50 minimal buy and EUR 30,000 max purchase when using SEPA Transfer in Euro.
    • EUR 50 minimal buy and EUR 1,500 max purchase when using Visa & Mastercard in South Korean Won.
    • EUR 50 minimal buy and EUR 1,500 max purchase when using Visa & Mastercard in Danish Krone.
    • EUR 50 minimal buy and EUR 1,500 max purchase when using Visa & Mastercard in Swedish Krona.
    • EUR 50 minimal buy and EUR 1,500 max purchase when using Visa & Mastercard in Canadian Dollar.
    • EUR 50 minimal buy and EUR 1,500 max purchase when using Visa & Mastercard in Singapore Dollar.
    • EUR 50 minimal buy and EUR 1,500 max purchase when using Visa & Mastercard in US Dollar.
    • EUR 50 minimal buy and EUR 1,500 max purchase when using Visa & Mastercard in Norwegian Krone.
    • EUR 50 minimal buy and EUR 1,500 max purchase when using Visa & Mastercard in Chinese Yuan.
    • EUR 50 minimal buy and EUR 1,500 max purchase when using Visa & Mastercard in South African Rand.
    • EUR 50 minimal buy and EUR 1,500 max purchase when using Visa & Mastercard in Japanese Yen.
    • EUR 50 minimal buy and EUR 1,500 max purchase when using Visa & Mastercard in Turkish Lira.
    • EUR 50 minimal buy and EUR 1,500 max purchase when using Visa & Mastercard in Hong Kong Dollar.
    • €50 minimal buy and €1,500 max purchase when using Visa & Mastercard in Euro.
    • EUR 50 minimal buy and EUR 1,500 max purchase when using Visa & Mastercard in Pound Sterling.
    • EUR 50 minimal buy and EUR 1,500 max purchase when using Visa & Mastercard in Australian Dollar.
  2. Withdrawal limits (when you out-exchange crypto to the fiat money).
    • EUR 50 min when receiving money to SEPA Transfer in Euro.

And the good news: there are no limits on other payment systems (the limitations the payment system has aside) Bitit supports! Comparing to other exchanges, Bitit has medium buying and selling limits; it's rather convenient, although there are some other ones with higher max.

Supported countries

Platform allows the users from 97 countries to use the exchange. The following countries are supported by the broker:

  • Albania (AL)
  • Andorra (AD)
  • Argentina (AR)
  • Armenia (AM)
  • Australia (AU)
  • Austria (AT)
  • Azerbaijan (AZ)
  • Bahrain (BH)
  • Belgium (BE)
  • Benin (BJ)
  • Brazil (BR)
  • Bulgaria (BG)
  • Burkina Faso (BF)
  • Cameroon (CM)
  • Canada (CA)
  • Chile (CL)
  • Colombia (CO)
  • Costa Rica (CR)
  • Croatia (HR)
  • Cyprus (CY)
  • Czech Republic (CZ)
  • Côte d’Ivoire (CI)
  • Denmark (DK)
  • Egypt (EG)
  • Estonia (EE)
  • Finland (FI)
  • France (FR)
  • French Guiana (GF)
  • French Polynesia (PF)
  • Georgia (GE)
  • Germany (DE)
  • Ghana (GH)
  • Greece (GR)
  • Guadeloupe (GP)
  • Guernsey (GG)
  • Hong Kong SAR China (HK)
  • Hungary (HU)
  • Iceland (IS)
  • Indonesia (ID)
  • Ireland (IE)
  • Isle of Man (IM)
  • Israel (IL)
  • Italy (IT)
  • Japan (JP)
  • Jersey (JE)
  • Kenya (KE)
  • Kuwait (KW)
  • Latvia (LV)
  • Lebanon (LB)
  • Liechtenstein (LI)
  • Lithuania (LT)
  • Luxembourg (LU)
  • Madagascar (MG)
  • Malaysia (MY)
  • Mali (ML)
  • Malta (MT)
  • Martinique (MQ)
  • Mauritius (MU)
  • Mayotte (YT)
  • Mexico (MX)
  • Monaco (MC)
  • Montenegro (ME)
  • Morocco (MA)
  • Netherlands (NL)
  • New Caledonia (NC)
  • New Zealand (NZ)
  • Nigeria (NG)
  • Norway (NO)
  • Philippines (PH)
  • Poland (PL)
  • Portugal (PT)
  • Puerto Rico (PR)
  • Qatar (QA)
  • Romania (RO)
  • Russia (RU)
  • Réunion (RE)
  • Saudi Arabia (SA)
  • Senegal (SN)
  • Serbia (RS)
  • Singapore (SG)
  • Slovakia (SK)
  • Slovenia (SI)
  • South Africa (ZA)
  • South Korea (KR)
  • Spain (ES)
  • St. Martin (MF)
  • Sweden (SE)
  • Switzerland (CH)
  • Taiwan (TW)
  • Thailand (TH)
  • Tunisia (TN)
  • Turkey (TR)
  • Ukraine (UA)
  • United Arab Emirates (AE)
  • United Kingdom (GB)
  • United States (US)
  • Vietnam (VN)

Does Bitit allow the users from United States (US)?

USA flag

Yes, Bitit allows the registrations from the United States! Broker permits the users from 56 states and territories to register at and use the services exchange provides:

  • Alabama (AL)
  • Alaska (AK)
  • American Samoa (AS)
  • Arizona (AZ)
  • Arkansas (AR)
  • California (CA)
  • Colorado (CO)
  • Connecticut (CT)
  • Delaware (DE)
  • District of Columbia (DC)
  • Florida (FL)
  • Georgia (GA)
  • Guam (GU)
  • Hawaii (HI)
  • Idaho (ID)
  • Illinois (IL)
  • Indiana (IN)
  • Iowa (IA)
  • Kansas (KS)
  • Kentucky (KY)
  • Louisiana (LA)
  • Maine (ME)
  • Maryland (MD)
  • Massachusetts (MA)
  • Michigan (MI)
  • Minnesota (MN)
  • Mississippi (MS)
  • Missouri (MO)
  • Montana (MT)
  • Nebraska (NE)
  • Nevada (NV)
  • New Hampshire (NH)
  • New Jersey (NJ)
  • New Mexico (NM)
  • New York (NY)
  • North Carolina (NC)
  • North Dakota (ND)
  • Northern Mariana Islands (MP)
  • Ohio (OH)
  • Oklahoma (OK)
  • Oregon (OR)
  • Pennsylvania (PA)
  • Puerto Rico (PR)
  • Rhode Island (RI)
  • South Carolina (SC)
  • South Dakota (SD)
  • Tennessee (TN)
  • Texas (TX)
  • U.S. Virgin Islands (VI)
  • Utah (UT)
  • Vermont (VT)
  • Virginia (VA)
  • Washington (WA)
  • West Virginia (WV)
  • Wisconsin (WI)
  • Wyoming (WY)

It's possible to use the USD currency to buy/sell 16 cryptocurrencies at the Bitit: 1 banks and payment systems totally (out of the 4 the broker supports, that's 25% of all the available ones) can be used by people from the U.S.A.:

  • Visa & Mastercard (note: buying only!)

Customer service

Sorry, but we haven't collected enough data about this yet. Do you have any experience exchanging with the Bitit? Can you please add your testimonial? This will help everyone a lot, thanks!

Verification at Bitit

The broker requires it's clients to pass through obligatory user identification (account verification). The following procedures should be completed before the client will be able to buy and sell on the exchange:

  • ID verification

According to the customers surveys results, the average time to verify an account at Bitit is the following:

Sorry, we haven't yet collected enough data. Do you know, how fast Bitit does account verification? Kindly let us know, too. Thank you very much!

Deposit/withdrawal speed

Bitit processes the orders automatically, that's definitely a good thing and the process should take no time. Although we know that some exchanges require various forms of staff approval, etc. for the specific orders; such ones generally take longer. Even fully automated platforms sometimes delay the funds delivery, so if you know that it's the case here at this broker, let us and the community know about it, please!

Is Bitit instant?

So, what can we see? In accordance with the data we know about the broker, orders at Bitit should be instant. Although we don't have enough information about the order delivery speed from actual customers yet, sorry.

Customers' testimonials

There are currently no users testimonials about the Bitit. Do you have any experience using this broker? If you do, please say a couple of words about it!

FAQ about Bitit

Does Bitit holds my funds?

It does not! One of the best things dealing with the brokers is that unlike most of other exchanges, such businesses instantly deliver your funds to your own wallet after the payment clearance.

Is Bitit a good broker?

Although we have not enough users' reviews yet, we analyzed the information we have. Feel free to get acquainted with the details reading this review or just jump to the conclusion!

Is Bitit licensed? Does it hold e-money license?

It is not, although seems that such business model complies with the regulation in Bitit home country.

Is Bitit a ripoff?

It is not a ripoff, although we have not rated Bitit yet due to lack of user testimonials, it complies with our standards. Feel free to read the whole this review to understand why or check our conclusion: is Bitit legit or scam.

Bitit vs other exchanges

Let's compare Bitit to other similar exchange services with similar features: others of broker type mostly. Besides, seems reasonable to compare the platform with the exchanges having similar rating and serving (mostly) the same geographic, etc. Remember that if you wish to find the exchange offering the best price to buy/sell Bitcoin and 33 other cryptos, check the best rates to buy bitcoin and crypto in United States!

Bitit vs 1-online

Let's compare the key features of these two platforms to see which one suits you best:

  • 1-online is a broker Bitit is a broker, both are using the same business model.
  • 1-online had started the business February 2017 Bitit started the business March 2016 (Bitit operates 10 months longer).
  • 1-online operates without a business registration or there is no information available about it Bitit is an ordinary company without licenses, etc. (Bitit utilizes a safer and more stable business model).
  • Besides buying and selling cryptocurrencies, 1-online provides no extra services Bitit provides the same number of services as 1-online: it allows us to purchase and sell digital currencies.
  • 1-online supports 10 cryptocurrencies Bitit allows to exchange 16 cryptos (Bitit supports 6 cryptocurrencies more).
  • 3 fiat currencies are available at 1-online You'll be able to use 15 fiat currencies to swap with digital ones at Bitit (Bitit supports 12 fiat currencies more).
  • 1-online accepts deposits from and allows withdrawals to 23 fiat payment systems / banks Bitit allows the user to utilize 4 various fiat payment systems and/or banks (Bitit supports 19 banks and fiat payment systems less).
  • 1-online charges 3% — 29% fee Bitit charges the client 0.25% — 8.75% fee, depending on the currency, payment system, etc. (Bitit has lower fees in general).
  • Buying limits at 1-online start from $230 and are up to $9,036 Deposit/withdraw limits at Bitit are $55 — $1,659 depending on the payment method (Bitit has lower buying/selling limits).
  • 1-online allows registrations from 255 countries; United States is among the supported ones You may register at Bitit if you reside in one of 97 countries; it serves United States among others (Bitit supports less countries).
  • 1-online allows the user to be anonymous, there is no account verification, etc. User identification at Bitit usually consists of 1 procedure: id verification (Bitit 's compliance program requires the client to take more actions or to provide more data).

Although the final decision, which exchange — 1-online or Bitit — is better is up to you, we'll try to help you with the decision. Both exchanges are great, since at least one of them is not yet rated at our platform, we recommend you to look at the list above and decide, what is most important for you!

If you feel like need more comparison versus other exchanges, feel free to check these:

Bitit vs 100BTC.kiev

Let's compare the key features of these two platforms to see which one suits you best:

  • 100BTC.kiev is a broker Bitit is a broker, both are using the same business model.
  • 100BTC.kiev had started the business April 2016 Bitit started the business March 2016.
  • 100BTC.kiev operates without a business registration or there is no information available about it Bitit is an ordinary company without licenses, etc. (Bitit utilizes a safer and more stable business model).
  • Besides buying and selling cryptocurrencies, 100BTC.kiev provides no extra services Bitit provides the same number of services as 100BTC.kiev: it allows us to purchase and sell digital currencies.
  • 100BTC.kiev supports 6 cryptocurrencies Bitit allows to exchange 16 cryptos (Bitit supports 10 cryptocurrencies more).
  • 1 fiat currencies are available at 100BTC.kiev You'll be able to use 15 fiat currencies to swap with digital ones at Bitit (Bitit supports 14 fiat currencies more).
  • 100BTC.kiev accepts deposits from and allows withdrawals to 7 fiat payment systems / banks Bitit allows the user to utilize 4 various fiat payment systems and/or banks (Bitit supports 3 banks and fiat payment systems less).
  • 100BTC.kiev charges 1% fee Bitit charges the client 0.25% — 8.75% fee, depending on the currency, payment system, etc. (Bitit & 100BTC.kiev charge the customer with the equal fee level, more or less).
  • Buying limits at 100BTC.kiev start from $68 and are up to $9,896 Deposit/withdraw limits at Bitit are $55 — $1,659 depending on the payment method (Bitit has lower buying/selling limits).
  • 100BTC.kiev allows registrations from 255 countries; United States is among the supported ones You may register at Bitit if you reside in one of 97 countries; it serves United States among others (Bitit supports less countries).
  • 100BTC.kiev allows the user to be anonymous, there is no account verification, etc. User identification at Bitit usually consists of 1 procedure: id verification (Bitit 's compliance program requires the client to take more actions or to provide more data).

Although the final decision, which exchange — 100BTC.kiev or Bitit — is better is up to you, we'll try to help you with the decision. Both exchanges are great, since at least one of them is not yet rated at our platform, we recommend you to look at the list above and decide, what is most important for you!

If you feel like need more comparison versus other exchanges, feel free to check these:

Bitit vs 100monet

Let's compare the key features of these two platforms to see which one suits you best:

  • 100monet is a broker Bitit is a broker, both are using the same business model.
  • 100monet had started the business December 2014 Bitit started the business March 2016 (100monet is working for 1 years and 3 months longer time).
  • 100monet operates without a business registration or there is no information available about it Bitit is an ordinary company without licenses, etc. (Bitit utilizes a safer and more stable business model).
  • Besides buying, selling and exchanging cryptocurrencies, 100monet provides no extra services Bitit provides us with less services, related to the crypto exchange: it allows us to purchase and sell digital currencies.
  • 100monet supports 3 cryptocurrencies Bitit allows to exchange 16 cryptos (Bitit supports 13 cryptocurrencies more).
  • 3 fiat currencies are available at 100monet You'll be able to use 15 fiat currencies to swap with digital ones at Bitit (Bitit supports 12 fiat currencies more).
  • 100monet accepts deposits from and allows withdrawals to 8 fiat payment systems / banks Bitit allows the user to utilize 4 various fiat payment systems and/or banks (Bitit supports 4 banks and fiat payment systems less).
  • 100monet charges -1% — 13% fee Bitit charges the client 0.25% — 8.75% fee, depending on the currency, payment system, etc. (Bitit has lower fees in general).
  • Buying limits at 100monet start from $1,000 and are up to $16,038 Deposit/withdraw limits at Bitit are $55 — $1,659 depending on the payment method (Bitit has lower buying/selling limits).
  • 100monet allows registrations from 255 countries; United States is among the supported ones You may register at Bitit if you reside in one of 97 countries; it serves United States among others (Bitit supports less countries).
  • 100monet allows the user to be anonymous, there is no account verification, etc. User identification at Bitit usually consists of 1 procedure: id verification (Bitit 's compliance program requires the client to take more actions or to provide more data).

Although the final decision, which exchange — 100monet or Bitit — is better is up to you, we'll try to help you with the decision. Both exchanges are great, since at least one of them is not yet rated at our platform, we recommend you to look at the list above and decide, what is most important for you!

If you feel like need more comparison versus other exchanges, feel free to check these:

Bitit vs 1Obmen

Let's compare the key features of these two platforms to see which one suits you best:

  • 1Obmen is a broker Bitit is a broker, both are using the same business model.
  • 1Obmen had started the business February 2017 Bitit started the business March 2016 (Bitit operates 10 months longer).
  • 1Obmen operates without a business registration or there is no information available about it Bitit is an ordinary company without licenses, etc. (Bitit utilizes a safer and more stable business model).
  • Besides buying, selling and exchanging cryptocurrencies, 1Obmen provides no extra services Bitit provides us with less services, related to the crypto exchange: it allows us to purchase and sell digital currencies.
  • 1Obmen supports 10 cryptocurrencies Bitit allows to exchange 16 cryptos (Bitit supports 6 cryptocurrencies more).
  • 2 fiat currencies are available at 1Obmen You'll be able to use 15 fiat currencies to swap with digital ones at Bitit (Bitit supports 13 fiat currencies more).
  • 1Obmen accepts deposits from and allows withdrawals to 5 fiat payment systems / banks Bitit allows the user to utilize 4 various fiat payment systems and/or banks (Bitit supports 1 banks and fiat payment systems less).
  • 1Obmen charges 2% — 10% fee Bitit charges the client 0.25% — 8.75% fee, depending on the currency, payment system, etc. (Bitit has lower fees in general).
  • Buying limits at 1Obmen start from $31 and are up to $352 Deposit/withdraw limits at Bitit are $55 — $1,659 depending on the payment method (Bitit & 1Obmen have more or less the same buying/selling limits).
  • 1Obmen allows registrations from 255 countries; United States is among the supported ones You may register at Bitit if you reside in one of 97 countries; it serves United States among others (Bitit supports less countries).
  • 1Obmen allows the user to be anonymous, there is no account verification, etc. User identification at Bitit usually consists of 1 procedure: id verification (Bitit 's compliance program requires the client to take more actions or to provide more data).

Although the final decision, which exchange — 1Obmen or Bitit — is better is up to you, we'll try to help you with the decision. Both exchanges are great, since at least one of them is not yet rated at our platform, we recommend you to look at the list above and decide, what is most important for you!

If you feel like need more comparison versus other exchanges, feel free to check these:

Bitit vs 1wm

Let's compare the key features of these two platforms to see which one suits you best:

  • 1wm is a broker Bitit is a broker, both are using the same business model.
  • 1wm had started the business December 2014 Bitit started the business March 2016 (1wm is working for 1 years and 2 months longer time).
  • 1wm operates without a business registration or there is no information available about it Bitit is an ordinary company without licenses, etc. (Bitit utilizes a safer and more stable business model).
  • Besides buying and selling cryptocurrencies, 1wm provides no extra services Bitit provides the same number of services as 1wm: it allows us to purchase and sell digital currencies.
  • 1wm supports 2 cryptocurrencies Bitit allows to exchange 16 cryptos (Bitit supports 14 cryptocurrencies more).
  • 4 fiat currencies are available at 1wm You'll be able to use 15 fiat currencies to swap with digital ones at Bitit (Bitit supports 11 fiat currencies more).
  • 1wm accepts deposits from and allows withdrawals to 16 fiat payment systems / banks Bitit allows the user to utilize 4 various fiat payment systems and/or banks (Bitit supports 12 banks and fiat payment systems less).
  • 1wm charges -2% — 74% fee Bitit charges the client 0.25% — 8.75% fee, depending on the currency, payment system, etc. (Bitit has lower fees in general).
  • Buying limits at 1wm start from $1 and are up to $7,471 Deposit/withdraw limits at Bitit are $55 — $1,659 depending on the payment method (Bitit has lower buying/selling limits).
  • 1wm allows registrations from 255 countries; United States is among the supported ones You may register at Bitit if you reside in one of 97 countries; it serves United States among others (Bitit supports less countries).
  • During the account verification 1wm usually asks for 1 document / procedure: (id verification) User identification at Bitit usually consists of 1 procedure: id verification (Bitit 's KYC policy requires the customer to take less actions or to provide less data).

Although the final decision, which exchange — 1wm or Bitit — is better is up to you, we'll try to help you with the decision. Both exchanges are great, since at least one of them is not yet rated at our platform, we recommend you to look at the list above and decide, what is most important for you!

If you feel like need more comparison versus other exchanges, feel free to check these:

Conclusion: is Bitit legit or scam?

Now it's time to draw a conclusion, is Bitit a scam or is it a legit exchange? We hadn't yet collected enough testimonials to assign Bitit a rating, but according to our research it's a good exchange. We have found no evidence that this broker is a scam so it should be save to deal with. Let's summarize what we like most (and what we don't) about the Bitit:

  • Although it has no financial licenses, etc. such a business model complies with the regulation
  • The broker doesn't hold customers' funds, instantly delivering monies to your wallet
  • This company has being in the business for a long time; exchange was started 3 years and 7 months ago
  • Exchange supports 16 cryptocurrencies and 15 fiat ones (totally 4 payment systems / banks are available). There are no extra services besides the digital currencies exchange
  • It charges high fees: from 0.25% to 8.75% depending on the payment method
  • The purchase and withdrawal limits are medium: from $55 to $1,659 USD, it depends on a payment system choice
  • Bitit allows registrations from 97 countries; people from United States may use the service

Overall rating for Bitit: N/A