Bittylicious: licences, security, fees and reviews
Centralized exchange
In short
- Legal entity
- Bittylicious (Isle of Man) Limited, Isle of Man company number 134003C
- Fees
- Spot taker: No separate fee line: the quoted total cost includes all fees (as of 31 October 2026).
- Risks and caveats
- Cryptocurrencies bought on Bittylicious are unregulated tokens; no Isle of Man or UK compensation or ombudsman scheme applies.
- Checked
- 31 October 2026
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Key facts
- Type
- Centralized exchange
- Operator
- Bittylicious (Isle of Man) Limited
- Official site
- bittylicious.com
Key facts checked on 31 October 2026 against official sources and regulator registers.
What is Bittylicious
Bittylicious is a UK-focused platform for buying and selling bitcoin and other cryptocurrencies for pounds. It is operated by Bittylicious (Isle of Man) Limited, which is registered with the Isle of Man Financial Services Authority as a Designated Business. Purchases are paid by UK bank transfer (Faster Payments) or by Visa or Mastercard.
Good to know
- Buying requires an IP address in the United Kingdom. ↗
- Bank-transfer payments must come from a UK bank account in the account holder's own name via Faster Payments; third-party payments, cash deposits and telephone banking are not accepted. ↗
- Bittylicious says the cryptocurrencies it sells are unregulated tokens, and that the Isle of Man Depositors' Compensation Scheme, the UK Financial Ombudsman Service and the FSCS do not apply. ↗
- Client details (real name, company name, email, verification status, trade statistics) are shared with the brokers a client trades with on Bittylicious. ↗
- The services are not directed at residents of jurisdictions where they would be prohibited, including the United States. ↗
Services
| Parameter | Details |
|---|---|
| Escrow | Bittylicious says all coins are held in escrow until the buyer's payment is confirmed. |
| Minimum purchase and payment rules | Minimum purchase about 0.0008 BTC (0.00081184 BTC shown on 31 October 2026); cash deposits and telephone banking are not accepted. |
| Spot trading | Buy and sell bitcoin, Dogecoin, Ether and Litecoin for pounds sterling (broker-style purchase at a quoted total cost). |
| Fiat deposits | GBP payment by UK bank transfer (Faster Payments) or by a Visa or Mastercard in the buyer's name. |
Licences and registrations
| Jurisdiction | Entity | Licence / registration | Regulator |
|---|---|---|---|
| Isle of Man | Bittylicious (Isle of Man) Limited | Designated Business, category convertible virtual currency activity; registered 16 November 2020; trading name BIOM | Isle of Man Financial Services Authority |
Security and audits
- Bittylicious says it follows industry practice on AML and KYC; identity documents are required for card payments and to raise purchase limits.
Security incidents
No security incident is recorded in the sources checked on 31 October 2026 (the company’s own channels and incident databases): defillama.com/hacks, hacked.slowmist.io/search, rekt.news/leaderboard, bittylicious.com
Fees
| Parameter | Details |
|---|---|
| Spot taker | No separate fee line: the quoted total cost includes all fees (as of 31 October 2026). |
Who can use it
- Verification: Telephone verification before further purchases; card payments need at least one proof of name and one proof of address.
- Purchases need a UK IP address; services are not directed at residents of jurisdictions where they are prohibited, including the United States.
History
| Date | Event |
|---|---|
| December 2013 | By December 2013 Bittylicious was selling UK bitcoins, with Barclays Pingit among the payment options. |
| 16 November 2020 | Bittylicious (Isle of Man) Limited was registered with the Isle of Man FSA as a Designated Business. |
Risks and caveats
- Cryptocurrencies bought on Bittylicious are unregulated tokens; no Isle of Man or UK compensation or ombudsman scheme applies.
- Coins sent to a wallet cannot be recalled, and the money is not protected by any government scheme.
About the company
- Legal entity
- Bittylicious (Isle of Man) Limited, Isle of Man company number 134003C
- Headquarters
- The Chapel, Nursery Avenue, Onchan, IM3 4HG, Isle of Man
Official links
- Website: bittylicious.com
- Terms of use: bittylicious.com/terms/GENERAL
- Licences: www.iomfsa.im/registers/designated-business/?Id=36
Questions and answers
Is Bittylicious regulated?
Its operator, Bittylicious (Isle of Man) Limited, has been registered with the Isle of Man Financial Services Authority as a Designated Business for convertible virtual currency activity since 16 November 2020. The cryptocurrencies themselves are unregulated tokens.
Who owns Bittylicious?
Bittylicious is operated by Bittylicious (Isle of Man) Limited, company number 134003C, registered office in Onchan, Isle of Man.
What are Bittylicious's fees?
Bittylicious shows a total cost per purchase that includes all fees, rather than a separate fee schedule.
Can I use Bittylicious outside the UK?
Buying requires a UK IP address and, for bank transfers, a UK bank account. The services are not directed at US residents.
Sources
- Bittylicious - home page
- Bittylicious - General Terms and Conditions
- Bittylicious help - Unregulated Cryptoassets
- Isle of Man FSA - Designated Business register: Bittylicious (Isle of Man) Limited
- Bittylicious - home page, Wayback capture 14 December 2013
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