How does it work?
Frequently asked questions
BTCBIT.NET is a secure, reliable and fully regulated cryptocurrency exchange based in Poland, with operational offices in Latvia and Estonia. Our company provides a safe platform to buy and sell various cryptocurrencies including Bitcoin, Ethereum, Litecoin, XRP, Dash, Zcash and Ethereum Classic. Advanced technologies and professional expertise make for a superior trading experience for all our customers. Our website is mobile friendly so you can trade cryptocurrencies on your smartphone or tablet with confidence.
We strive to make your trading experience as smooth as possible by offering superior encryption, on-site real-time market data, a cold storage policy for your peace of mind, and superfast transaction processing. Join our referral scheme and earn a referral bonus whenever a trade is initiated through your referral link.Read more
How does BTCBIT.NET cryptocurrency exchanger work?
Our trading platform has a simple interface. You will be able to exchange money on the site after a few steps:
- • Register on the service creating your personal profile.
- • Go through the verification process of the account. You will be asked to provide personal and customer documents in accordance with the AML policy and international KYC requirements. You will also need to prove your address.
- • After completing the above stages, you can start to buy, sell, and exchange. The online calculator will show the final result of the transaction. The service records all the transactions and you are able to review them any time in ‘Transaction history’.
BTCBIT.NET is a reliable cryptocurrency trading platform. With the help of our service, you can make the exchange of such electronic currencies as: Bitcoin, Ethereum, Litecoin, Zcash, XRP, withdraw them to a bank account, a private bank card or replenish your wallet. The exchanger enables you to buy and sell cryptocurrency instantly and this feature distinguishes BTCBIT.NET from the other services. The customer will spend no more than 15 minutes on all stages of the transfer.
More detailed information can be found in the FAQ section.
Our service is a system created on the basis of modern software and containing the whole set of necessary functions for convenient and safe exchange of the most common types of electronic money.
The main advantages of BTCBIT.NET exchanger are its versatility, safety, and time-saving.
Latest News and Updates
Coin Racing: Top Champions & Outsiders December 2020
Nowadays, time in the cryptocurrency universe flies at the speed of light. Rapid tradings dictate new racing conditions every day and every minute. What an amazing show the Crypto world experienced in 2020! The new year is definitely set up for turn-ups that can change online trading far-forth.
What is Better Bitcoin or Ethereum?
Years back when the first cryptocurrency, Bitcoin, was mined for the first time in 2009, it could be bought for around 0.1 dollars. Over time the prices rose over 20.000 dollars per coin, so you can imagine how happy were those people who have invested in cryptocurrency back in 2009.
Will Bitcoin Manage To Be Implemented Into Traditional Financial Models?
Even considering a notable drop in value right after 2021, Bitcoin has managed to keep performing well in the past few weeks. On February 22, BTC reached its highest yet price - $57k, but a few days later, the price has dropped again. Nevertheless, it seems that the currency will keep rising in price - today, March 8, 2021, at 11.00 UTC, the price is over 50k again.
BTC has closed at $48.758 on March 1, and now (March 8, 2021, at 11.00 UTC) it has managed to reach $50.125 - BTC has significantly raised in price just within a week. At first, the market-leading digital token reached a new record of $ 48,635 during the beginning of February after a massive $ 1.5 million (or £ 1.1 million) investment from the Tesla company owned by Elon Musk. This event has led to an increase in the price of Bitcoin even though after a while the costs have dropped.
But this past week, the cost of BTC has again increased in price, reaching 47-47 thousand dollars. It could be due to the rumors about a new partnership with MasterCard that has begun to spread. Today, on March 8, 2021, the cost of Bitcoin has reached 50k dollars again.
Future Governor of California: Palihapitiya May Hold a Prominent Position
Politics is a place where you can find a lot of people from different areas of social life. Crypto advocates are part of the striking world of politics. One of them is Chamath Palihapitiya. He is the well-known chairman of Virgin Galactic. Chamat has announced his candidacy for governor of California. Many experts believe that his bid is the one that everyone should pay attention to.
Palihapitiya is known as a proponent of the first cryptocurrency. Previously, he called digital gold the best remedy against autocracy and currency restrictions, as well as the only insurance against the risks of the traditional financial system. He has a great chance at becoming a winner in this rally. According to the latest data, he has much more chances and opportunities than former bitcoin (BTC) politicians.
Bitcoin Weekly Steady Footing & Biggest Holders aren’t Startled
The cryptocurrency market can delight many traders this week. Members noticed a healthier trend on it, especially after the posts that sowed alarm, Jeff Dorman reports.
Arca put forward the message that while many stocks of cryptocurrencies and other technologies are rallying, bitcoin has suffered defeat. He sees the reason in the leverage. It is precisely this, according to him, that worsens the situation of price movement at a time, when something natural puts pressure on sales.
Dorman informs that the correction was much needed and expected. Up to this point, the funding rate for perpetual swaps was at a 6-month-high. In other words, longs had to pay shorts about 25 bps a day to stay in their position. Because the funding rate must find application in motivating parties to participate and to maintain a balance.