Since launching in 2012, the Itbit.com team has strived to push the boundaries of sophistication in crypto asset trading. In May 2015, they obtained a trust company charter and opened the first regulated bitcoin exchange in the U.S. Today, they stand alone as the only company in the cryptocurrency space that offers crypto asset traders access to a global exchange, OTC trading desk, Custody Services, and Escrow Services.
With Itbit.com strong global presence,company carries a long history of trusted relationships with both U.S. and global customers. At itBit, they are committed to offering a premium trading experience, personalized customer support, and the best-in-class security.
How To Start With Itbit.com
To start trading with Itbit.com, Indian residents first have to sign up for an account by following the steps below.
Step 1. Click on the “Login/Signup” link on the top right hand corner of the Itbit.com website.
Step 2. In the form, fill in your first name, last name, mobile number, email ID and password.
Step 3. If you have a referral code, enter the code while creating your account.
Step 4. Submit the form and wait for an activation email to be sent to you.
Step 5. Click on the “confirm email” link in the activation email.
Step 6. After your account is activated, you’ll be sent a 6 digit one time password (OTP), which you have to enter after logging into your Itbit.com account.
Why Choose itBit
As a regulated US financial services company based in New York City, itBit is focused on meeting the sophisticated needs of institutions, active traders and other trading professionals. itBit offers trading and custody services for Bitcoin (XBT), Bitcoin Cash (BCH), Ethereum (ETH), Litecoin (LTC) and Stellar Lumens (XLM).
Personalized white glove service for institutions, investors and active crypto asset traders.
The FIX and REST trading APIs meet the needs of institutions and active crypto asset traders.
Full Assets Protection
US customers receive full fiat and crypto asset protection, account reporting and more.
Superior Customer Service
Dedicated customer support representatives available via telephone and email around-the-clock.
Strict regulatory oversight, global AML/KYC compliance and 100% offline crypto asset cold storage ensure platform and client assets are secure.
Exchange & OTC Trading
The only financial services company that allows customers to trade crypto assets on both an exchange and OTC desk using one account.
Crypto Asset Trading and Custody Services
Crypto Asset Exchange
Powerful platform for institutional and active traders to securely buy and sell crypto assets. The traders in the US and around the world enjoy deep liquidity, low fees and robust API services.
OTC Agency Trading Desk
Boutique service specializing in large crypto asset trades starting over $50,000 USD. The OTC desk offers a deep orderbook, personalized trading support and competitive pricing.
Crypto Asset Custody Services
Protect and secure your crypto assets under a regulated New York State Trust Company with itBit’s Custody Services.
Methods of payment
The only payment method for fiat currencies itBit accepts, is bank transfer and nothing else. This is quite inconvenient, as the bank transfers, especially the international ones, are far from instant and come with hefty fees. There are also default withdrawal limits of USD $2, 500 daily and USD $15, 000 monthly, but they can be changed. This, however, is done through printing out, filling in and e-mailing a two-page from and we find this a bit tedious.
Trusted and Secured
Itbit.com uses multi-signature authentication and “best in-class security” to keep your funds secure 24 hours a day. Funds are kept in secure offline cold storage wallets to prevent hacking.