Bitit’s prepaid solution aims to remove all the obstacles and simplify access to Bitcoins for all. Whether it is purchased for now or for later, your card value will remain stable until the cardholder activates it to receive his Bitcoins on the Bitit platform. This feature makes the Bitit card different from other gift card solutions. Apart from the investigation, we also provide step-by-step guides on how to buy BTC using Bitit platform and how to properly withdraw funds to your bank account. We also provide comparative analysis with other, similar crypto exchanges, such as LocalBitcoins and Coinbase. In this quick guide, we go over one of the oldest players in the cryptocurrency industry called Bitit.

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If your friend reaches the 100 Euros threshold equivalent, you automatically receive a Bit-It booster that allows you to receive extra coins on your future purchases. After complete account verification users may buy Bitcoin up to 500€ per week by credit card. Users must provide full identity verification, including a selfie and picture of an ID. Bitit exchange can be considered as a somewhat expensive platform when it comes to purchasing fees.

• 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.
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• The only setback of Bitit is that it is only for Euros right now.
• The fees, no matter what purchase option is chosen, stands at 1%.

Although you can open up the exchange’s website on your phone, there is no downloadable program in Google Play or Apple Store. Apart from cryptos, you have numerous fiat currencies that you can choose from when depositing or buying coins at Bitit. You have EUR, USD, GBP, CAD, AUD, CNY, KRW, JPY, TRY, HKD, SGD, SEK, NOK and DKK.

Anybody in the world can use Bitit to buy Bitcoin instantly online with a credit card either for yourself or to send to someone else. We received testimonies from customers telling how much they were happy not having to call their banks, initiate a wire transfer and wait for 2-3 days. Parisian startup incubator TheFamily seems to agree with Bitit, accepting the gift card startup as its first Bitcoin project. The only setback of Bitit is that it is only for Euros right now. However, overall, the Bitit gift card service is worth looking into if one needs Bitcoin quickly., but not a long-term solution.

Bitit.io: Simplifying Crypto-Currency

Bit-it reserves the right to change the terms of the referral program without prior information. If you are looking for a way to get bitcoins using your cash or vouchers in Europe, then look no further than this report. The platform Bitit will surely attract you by its benefits, but you should decide if it really meets all your needs. Neosurf users can buy up to 500€ per week of bitcoin by cash on Bitit. To buy or sell, use exchanges like Bitfinex, then send to or from Bitkit.

The platform offers extensive FAQ section and direct contact form when it comes to customer support. The Q&A section does cover most of the exchange in terms of verification, security, fees and purchase process. The ticket system can be found at “Contact” page or “Help Center”, with the average response time of the customer department being 24 hours. To an experienced Bitcoiner, it may seem like much less of a hassle to just buy bitcoin on an exchange by yourself. There you can copy your referral link or send invitation e-mails to your friends. Upon clicking on your referral link, your friend can sign up for a Bit-It account.

Technology

They offer EV SSL certification for the web page, two-factor authentication, and strict verification procedures, and they do not store account passwords or card numbers. Bitit partners with a Level 1 PCI service provider, maintains bank level security, is regularly audited and tested, and provides ongoing training to all staff. Customers can purchase Bitit Gift Cards for cash or by credit card at La Maison du Bitcoin, 35 rue du care Paris, with no expiration date. Besides, the referral process takes just a few clicks to share a referral link by e-mail, Facebook, or Twitter. If you have a blog or a website, you can download the platform’s dynamic burners to integrate easily. Fake or duplicate accounts cannot receive any referral payouts.

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Check out Bitit to buy Bitcoins online by credit card or with cash at over 100,000 local stores. The concept of Bitit gift cards is about how to improve the user experience of those people who heard about the Bitcoin and who would like to get some but don’t know how to do. At this moment, it is not possible to purchase BTC with the help of PayPal account. The company is yet to announce any plans for including the option in future.

Bitit wants to democratize Bitcoin and states that everyone should be able to access cryptocurrencies through a simple platform to protect and manage their financial well being. We are really happy with the reception our customers gave to the Bitit gift cards, and we would like to thank them for their confidence. Of course we have some customers who want to buy up to 200€ per week. Even in this case, we see every day that the user experience we offer is worth spending 2 minutes.

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.

Users’ Support

Depending on the method used, you can get BTC from 10 minutes to a week. Credit cards are the fastest available channel, as the transaction takes up to 20 minutes to be conducted. You wait for about 5 minutes for the transfer bitit review to be confirmed and additional 10 to 15 minutes for coins to reach your specified wallet. Bitit is a regulated French company and exchange platform that operated transparently since 2015. The information is transparent and stored on every data point in the network. The identity of users is secure with access to authorized personnel.

• What distinguishes Bitit from others is the ability to buy bitcoins that can be sent directly to your specified wallet address.
• Bitit, unlike any previous solutions, allows users to buy the gift card with cash and redeem as Bitcoin.
• As mentioned before, you are able to purchase up to €150 with an unverified account using TrustPay and cash vouchers per week.

Can I Buy BTC via PayPal on Bitit?

Bitit.io is a France based crypto-currency exchange platform launched in 2015. The platform offers the option to buy Bitcoin, Ethereum, Ripple, and DASH. Forbes France featured them in their magazine as one of the best platforms to buy bitcoin, Ethereum, and Ripple. Bitit is a simple tool that allows you to buy, offer, and receive Bitcoins using credit cards or cash, plus you can earn rewards points on all of your purchases toward free Bitcoins. I would add that as the Bitit gift cards are denominated in euros, the value in Euros is redeemed in bitcoins only at the time of the redemption on the Bitit platform.