itBit is a regulated US financial services company based in New York City, launched in 2013.

itBit offers bitcoin traders access to both a global bitcoin exchange and OTC trading desk (for large bitcoin trades starting over 100 bitcoins) using one account.

Security: itBit employs multiple layers of security, with DDoS attack protection, SSL protocol, 2FA and full encryption. 100% of customer bitcoins are secured offline in cold wallets. Background checks and compliance training are mandatory for all itBit employees.

Fees: itBit offers a simple fee structure with low rates and the opportunity for retail and institutional customers to trade commission-free.

Their maker-taker fee model is 0.20% taker fee and 0% maker fee.

itBit also offers personalized service and fee breaks for active traders with a 30-day trading volume over 2,500 bitcoins. Institutions and traders looking to execute large block size trades over 100 XBT can use itBit’s Global OTC Agency Trading Desk, with a flat fee of 0.10% per transaction.

September 7th, 2017 by VK-edit