ITBIT

CHECK OUT ITBIT

ItBit bucks the trend for Bitcoin trading platforms. It is based in New York and is fully regulated by the U.S financial authorities. This gives the site a big advantage over its competitors, as it automatically qualifies to be able to trade across all 50 US states. Its prodigious backing, strong security and compliance with banking regulation gives it an aura of safety and reliability. However, wire fees and large fees for withdrawing money from the site are a hindrance.


PROS:

– Superb liquidity volume.
– great interface.
– 24/7 quick customer support.
– Strong security, 2 factor authentication and cold storage.


CONS:

– No margin trading.
– Quite slow.
– Wire fees.
– Large withdrawal fees.
– Has to comply with U.S banking regulation.
– Only offer limit orders.

 

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