[Exchanges](https://revain.org/exchanges/) › Bit2C

# Bit2C: licences, security, fees and reviews

Centralized exchange

## In short

- **Legal entity**: Bitosi eToro Ltd, company no. 517169447, Derech Sheshet HaYamim 30, Bnei Brak, Israel
- **Fees**: Broker (instant buy/sell): 5% per trade at the first tier (min. ₪50), falling to 3.2% from ₪2,000,000
- **Risks and caveats**: Crypto held on Bit2C is custodial: private keys are held only by the operator or its custodians.
- **Checked**: 1 November 2026

## Key facts

- **Type**: Centralized exchange
- **Operator**: Bitosi eToro Ltd (ביטוסי איטורו בע"מ)
- **Official site**: [bit2c.co.il](https://bit2c.co.il/)

Key facts checked on 1 November 2026 against official sources.

## What is Bit2C

Bit2C is an Israeli crypto trading platform for buying and selling crypto with Israeli shekels through a broker, an order-book exchange and OTC, plus custody. It says it has operated since 2013 and is run by Bitosi eToro Ltd, which holds an extended financial asset service licence from Israel's Capital Market Authority.

## Good to know

- Bit2C serves only Israeli residents aged 18+ who hold an Israeli ID card, and the service is in Hebrew. [↗](https://bit2c.co.il/terms-of-use)
- In May 2026 the Bit2C platform and customer accounts moved to Bitosi eToro Ltd, part of the international eToro group. [↗](https://bit2c.co.il/Bitcoin/watch/652)
- Bit2C said the site, fees and trading (buying, selling, deposits, withdrawals and custody) stayed the same after the move. [↗](https://bit2c.co.il/Bitcoin/watch/652)
- Accounts pay a monthly custody fee of up to ₪7 for shekels and up to ₪7 in crypto for crypto holdings; activity in the previous month avoids it. [↗](https://bit2c.co.il/home/Fees)
- A buy, sell, deposit or withdrawal in the previous month avoids that month's custody fee. [↗](https://bit2c.co.il/home/Fees)
- The broker converts at an international rate against Bit2C; Bit2C Pro is a peer-to-peer order book where customers set prices. [↗](https://bit2c.co.il/home/Fees)
- Bit2C announced planned maintenance on 31 October 2026, 22:00-23:30, with no site access during the window. [↗](https://bit2c.co.il/Bitcoin/watch/666)
- The privacy policy names an eToro e-mail address (privacy@etoro.com) as the privacy contact. [↗](https://bit2c.co.il/home/privacypolicy)

## Services

| Parameter | Details |
|---|---|
| Spot trading | Broker: instant buy and sell of crypto for shekels, with tiered fees per trade |
| Spot trading | Bit2C Pro: order-book exchange (crypto/ILS) with maker/taker fees |
| OTC | OTC desk alongside the broker and exchange |
| Custody / wallet | Custodial: deposited crypto is held in trust by the operator in dedicated wallets |
| Fiat deposits | Shekel deposits by bank transfer from one linked Israeli bank account into a trust account |
| API | Broker buy and sell is also available through the Bit2C API |

## Licences and registrations

| Jurisdiction | Entity | Licence / registration | Regulator |
|---|---|---|---|
| Israel | Bitosi eToro Ltd (company no. 517169447) | Extended licence to provide financial asset services, No. 72080 | [Capital Market, Insurance and Savings Authority (Israel)](https://bit2c.co.il/home/about) |

## Security and audits

- Customer shekels are held in a trust bank account at Bank Discount, separate from the company's own accounts, Bit2C says.
- The operator holds no insurance policy or guarantee for users' funds and assets, the terms state.
- Two-step verification by SMS code is required at login, for crypto withdrawals and for API key changes.

## Security incidents

No security incident is recorded in the sources checked on 1 November 2026 (the company’s own channels and incident databases): [defillama.com/hacks](https://defillama.com/hacks), [hacked.slowmist.io/search](https://hacked.slowmist.io/search/), [rekt.news/leaderboard](https://rekt.news/leaderboard/), [bit2c.co.il/bitcoin/allnews](https://bit2c.co.il/bitcoin/allnews)

## Fees

| Parameter | Details |
|---|---|
| Broker (instant buy/sell) | 5% per trade at the first tier (min. ₪50), falling to 3.2% from ₪2,000,000 |
| Broker (top tier) | 3.2% per trade from ₪2,000,000 |
| Spot maker / taker | 1.25% maker and taker for 30-day volume up to ₪20,000 (Bit2C Pro) |
| Spot maker / taker (top tier) | 0.05% for 30-day volume above ₪4,000,000 (Bit2C Pro) |
| Withdrawals | Shekel deposits free; shekel withdrawal ₪80 |
| Withdrawals (BTC) | BTC deposits free; BTC withdrawal 0.0005 BTC |

## Who can use it

- Verification: Identity verification with two ID documents and a live video identification before crypto deposits and withdrawals; a one-time bank-transfer deposit is also required.
- Israeli residents with an Israeli ID card, aged 18 or over, only.

## History

| Date | Event |
|---|---|
| 21 January 2013 | The bit2c.co.il site offers bitcoin trading for shekels, calling itself Israel's first bitcoin trading system. |
| 7 May 2026 | Bit2C announces that its platform is expected to move to Bitosi eToro Ltd, part of the eToro group, subject to closing conditions. |
| 13 May 2026 | Bit2C tells customers that its platform and customer accounts are moving to the eToro group company Bitosi eToro Ltd. |

## Risks and caveats

- Crypto held on Bit2C is custodial: private keys are held only by the operator or its custodians.
- There is no insurance policy or guarantee covering users' funds and assets.
- The terms warn that crypto trading can lose the entire investment.
- Monthly custody fees apply to inactive accounts.

## About the company

- **Legal entity**: Bitosi eToro Ltd, company no. 517169447, Derech Sheshet HaYamim 30, Bnei Brak, Israel
- **Founded**: Trading platform operating since 2013
- **Parent company**: eToro group (acquisition announced May 2026, subject to closing conditions at the time)
- **Formerly**: Customer accounts were moved to Bitosi eToro Ltd in May 2026, with a new trust bank account

## Official links

- Website: [bit2c.co.il](https://bit2c.co.il/)
- Fees: [bit2c.co.il/home/Fees](https://bit2c.co.il/home/Fees)
- Terms of use: [bit2c.co.il/terms-of-use](https://bit2c.co.il/terms-of-use)
- Licences: [bit2c.co.il/home/about](https://bit2c.co.il/home/about)
- Blog: [bit2c.co.il/bitcoin/allnews](https://bit2c.co.il/bitcoin/allnews)
- FAQ: [bit2c.co.il/home/faq](https://bit2c.co.il/home/faq)

## Questions and answers

**Is Bit2C regulated?**

Bit2C's operator, Bitosi eToro Ltd, says it holds an extended licence to provide financial asset services (No. 72080) from Israel's Capital Market, Insurance and Savings Authority.

**Who owns Bit2C?**

Since May 2026 the platform and customer accounts are run by Bitosi eToro Ltd, part of the international eToro group.

**What are Bit2C's fees?**

The broker charges 5% per trade at the first tier; Bit2C Pro charges 1.25% maker/taker up to ₪20,000 monthly volume, down to 0.05%. Shekel withdrawals cost ₪80, BTC withdrawals 0.0005 BTC.

**Can I use Bit2C outside Israel?**

No. The service is for Israeli residents aged 18+ with an Israeli ID card.

## Sources

- [Bit2C - Home](https://bit2c.co.il/)
- [Bit2C - About](https://bit2c.co.il/home/about)
- [Bit2C - Fees](https://bit2c.co.il/home/Fees)
- [Bit2C - Terms of use](https://bit2c.co.il/terms-of-use)
- [Bit2C - FAQ](https://bit2c.co.il/home/faq)
- [Bit2C - Privacy policy](https://bit2c.co.il/home/privacypolicy)
- [Bit2C - News and updates](https://bit2c.co.il/bitcoin/allnews)
- [Bit2C - Joining the eToro group (7 May 2026)](https://bit2c.co.il/Bitcoin/watch/650)
- [Bit2C - Activity moves to the eToro group (13 May 2026)](https://bit2c.co.il/Bitcoin/watch/652)
- [Bit2C - Site maintenance 31 October 2026](https://bit2c.co.il/Bitcoin/watch/666)
- [Bit2C home page, Wayback 21 January 2013](http://web.archive.org/web/20130121150148/http://bit2c.co.il/)

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Page updated: 2026-11-01

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Source: https://revain.org/exchanges/bit2c/