itBit Exchange Review 2021: Supported Currencies, Fees, Deposits, Withdrawals and More.

itBit Exchange Review 2021: Supported Currencies, Fees, Deposits, Withdrawals and More.   With increasing popularity of cryptocurrencies, there are a diverse range of cryptocurrencies hitting the platform, but very few of them are regulated. If you are looking for a regulated exchange, which offers high liquidity and enhanced security features, then US based itBit exchange by Paxos is the best choice for you.   This review will help you understand everything about itBit exchange to begin with. Read about itBit fees, trading, deposit, withdrawal, guides and more.   

What is itBit?

itBit is a cryptocurrency exchange founded by Charles Cascarilla in the year 2013. The company’s headquarters is located in Newyork, US. Also has an international office in Singapore and offers no charge for deposits and withdrawals in Singapore dollars.   itBit allows cryptocurrency trading services including the over-the-counter (OTC) service. This exchange is best suited to institutional and advanced traders as they operate with high liquidity and large trades. Their trading volume over the last 24 hrs is $21.1 million at the time of writing this article.   itBit being one of the regulated exchanges is offering its services in 50 american states. It also supports major cryptocurrencies such as Bitcoin, Ethereum and more and three fiat’s including US Dollar, Euro, Singapore Dollar.  

itBit Features:

itBit API: ItBit allows several APIs to integrate available crypto assets market data into your trading or investment programs. The FIX API is focused towards institutions and active traders. Market Data API is used to provide ItBit’s order books, pricing data, and trade data.  REST API offers full trading functionality for algorithmic trading or algorithmic market analysis.   itBit supported cryptocurrencies: On ItBit’s exchange, you can buy Bitcoin (XBT) with US dollars (USD), Euro (EUR), and Singapore dollars (SGD). OTC Bitcoin purchases can be made with ETH, BCH, LTC, XLM, PAX, BUSD, PAXG, and USDT.   OTC Trading Service: ItBit offers an over-the-counter trading service for purchasing Bitcoin with fiat currencies and some other cryptocurrencies. This exchange offers fast transactions, most are settled within a day. There is a very little transaction fee and nil withdrawal fees.  

Leave a Comment

Your email address will not be published.