Today we will talk about the ItBit exchange. In this article, we will talk about how a user can open an account on the ItBit, its merits demerits, public opinion, fees, and how to trade with ItBit and in the end answers to frequently asked questions from the user’s point of view. itBit is a well-known cryptocurrency exchange of New York that offers a powerful platform for the trading of Bitcoin. ItBit exchange built for the trading of institutions and professionals of cryptocurrency. Since it established in 2013, the team of the itBit struggled hard to make their name for Bitcoin trading. In May 2015, the itBit exchange obtained a trust charter and opened a first regulated bitcoin exchange in the USA. The exchange claims to be the only exchange for the traders to access Bitcoin globally and by OTC trading desk. ItBit exchange offers various advanced trading tools, best customer support, and the best class security. ItBit exchange is a New York-based licensed exchange, licensed by the department of financial services New York. The benefit of using OTC trading desk is to buy and sell large blocks of BTC. ItBit exchange is a licensed exchange so, it can operate legally in all fifty states of USA. But it offers limited payment options. It supports crypto and fiat currency USD from the fiat currency only. ItBit did not charge any fee for the deposit of funds. It offers mid-range trading fees. A user can deposit funds via bank transfer. ItBit exchange supports customer support in different countries around the globe; Texas is the only US state not supported by the itBit exchange. The physical address and the contact number is on the official website of the exchange.
Related reading, see: Top 10 Best Bitcoin and Cryptocurrency Exchanges 2018