United States of America
Full trading platform
Since 2024
Volume 24H: $7,315,539
itBit is a Bitcoin exchange platform offering extensive trading services like over- the-counter trading and powerful API services. This platform is mostly suited for trading companies and professionals as it offers the option of a FIX, REST and Market Data API connection for high-volume trading. itBit is heavily regulated by financial authorities in the United States.
This platform is mostly suitable for big trading companies or individuals who have had previous experience with trading platforms. itBit provides special services for US-based users and institutional clients. Being heavily regulated by US authorities, it is considered safe for storing larger amounts of cryptocurrency or fiat money.
Crypto Currencies Support
Traditional Currency Support
- US Dollar (USD)
Language Support
- English
Country Support
- Australia
- Canada
- China
- European Union
- Hong Kong
- Japan
- Most Africa
- Most of Asia
- Most of Eastern European Union
- Most of Latin America
- Most of the Middle East
- New Zealand
- Norway
- Russian Federation
- Singapore
- Switzerland
- Turkey
- United Kingdom of Great Britain and Northern Ireland
- United States of America
Platforms Systems
- Web Interface
- API
Partners and integrated software
- MyNXT
Stock Market Options
Interface
customisation:
- Allows customization of charts
- Allows the movement or resizing of boxes
- Allows customized alerts and notifications
Advanced
Options:
- Limit Order
Discounts For
The Big Traders:
- No Maker fees
Concerning the security of this platform, itBit is regarded as being a safe exchange, heavily regulated by US authorities. Funds are stored in multi-signature wallets and itBit has developed its Bitcoin storage policy to adhere to the CryptoCurrency Security Standard (CCSS). This is the first U.S. Bitcoin exchange able to legally operate in New York State.
Summary:
Advanced Security Features:
- Email reports of logins
- Monitor bahavior patterns for suspicious activity
- Limit amount of daily withdrawls
Security Features:
- SSL
- Protection from DDoS attackes
- Regular Auditing Programs
Legal Registration or Compliance:
- FinCen registration (US)
- Payment Institution Liscense
- KYC/AML Compliant
- Trust Company
This exchange was co-founded in 2012 by CEO Charles Cascarilla. itBit has offices in two key financial markets, New York and Singapore, which enables the exchange to serve global customers around the clock. In the summer of 2017, there were news reports about top management persons leaving the company for other endeavors.
Summary:
Considering the fact that the company is transparent about its cold-storage policy, offering an OTC Agency Trading Desk and asset custody services, the platform fits best the needs of institutional clients and high-volume professional traders, offering enterprise level crypto exchange services.
Deposit/Withdrawal Options:
Deposit from bank account, Deposit using 3rd party, Withdrawl funds to bank account, Send/Receive Crypto
Functionality:
itBit's bitcoin trading APIs provide powerful automated trading solutions for institutions and algorithmic traders. itBit is one of the few platforms that offers digital asset exchange services and Over the Counter Trading (OTC) comprised in a single account. Also, this platform provides users with cryptocurrency asset custody services through its strict regulations agreed with US institutions.
Most common
customer complaint:
Some users have complained about slow response times from customer support.
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