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428 Review
1727.75 Karma

Review on itBit by Joseph Bello

Revainrating 4 out of 5

itBit Exchange

The itBit has been in operation since 2013 making it almost eight years since it has been in operation. itBit website link doesn't take one directly to the exchange account,instead it takes you to the official site of Paxos. Paxos is the company that founded the itBit exchange and so the exchange is affiliated to Paxos,three no cause for alarm if peradventure you find your self on Paxos,you can still register on Paxos and trade on itBit. itBit is an exchange where you can buy or sell coin like BTC,BCH,LTC,PAXG and XLM. The trade fee on itBit isn't fixed,but the exchange fee start from 0.25 for maker maker and 0.35 for the maker takers but for traders with transaction volume that has exceeded $25,000 they fees are lower than the one mentioned above, it gets to an extend where liquidity makers get paid on the exchange for performing any trade and providing liquidity to the exchange market. The exchange is also very active with several traders actively trading on it.



Pros
  • It has good liquidity
  • It has been operating for over 8 years
  • Support can be reached through phone or email 24/7ne
Cons
  • It has only few coin listed on the trade platform

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