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Compare your Top 3 Bitcoin Exchanges
Compare Paxful.com vs. Itbit.com
Pro:
- Trade gift cards for BTC instantly
- A wide variety of payment methods and currencies accepted, at least in theory
- Easy to join and get going
- Federally regulated
- Available in all 50 states of USA
- Good liquidity and competitive fees
- Keeps BTC in cold storage, backed by audited reserve minimum
Contra:
- Mixed reviews
- Slow customer support
- High commissions charged (by the seller) for buying Bitcoin with uncommon methods or in non-mainstream currencies
- No mobile apps
- No margin trading and short selling
- No ACH transfers
Company Location:
Company Location
USA
Company Location
New York
Customer Support:
Customer Support
24/7 Live Chat, Support Forum, Instagram, Facebook, Twitter, Youtube, Reddit
Customer Support
24/7 email support, strong FAQ database
Futures:
Futures
No
Futures
No
Derivates:
Derivates
No
Derivates
No
Margin Trading:
Margin Trading
No
Margin Trading
No
Has been hacked:
Has been hacked
No
Has been hacked
No
Security:
Security
Excellent
Security
Excellent
Tradeable Coins:
Tradeable Coins
Bitcoin, Tether, Ethereum
Tradeable Coins
Bitcoin
Trading Volume:
Trading Volume
Low
Trading Volume
Medium
Deposit Fees:
Deposit Fees
No
Deposit Fees
Yes
Trading Fees:
Trading Fees
0.00%-1.00% (with gift cards up to 5%)
Trading Fees
0.20%
Withdrawal Fees:
Withdrawal Fees
Yes
Withdrawal Fees
Yes
About Paxful.com:
Paxful.com – A P2P network for the “normal people” Paxful, the “Uber of Bitcoin”, was founded in the summer of 2015 by Ray Youssef and Artur Schaback. The company is based in 3422 Old Capitol Trail, Wilmington, Delaware. It became widely known in that same year after they helped sex workers to accept Bitcoin as […] Read Paxful.com Review »
Paxful.com – A P2P network for the “normal people” Paxful, the “Uber of Bitcoin”, was founded in the summer of 2015 by Ray Youssef and Artur Schaback. The company is based in 3422 Old Capitol Trail, Wilmington, Delaware. It became widely known in that same year after they helped sex workers to accept Bitcoin as […] Read Paxful.com Review »
About Itbit.com:
ItBit is a Bitcoin exchange that offers cryptocurrency trading services including the over-the-counter (OTC) service. The company was launched in November of 2013, and its headquarters is in New York. They have an international office in Singapore and offer free deposits and withdrawals in Singapore dollars. Review Contents Verification at itBit Fees itBit.com Trading Analysis […] Read Itbit.com Review »
ItBit is a Bitcoin exchange that offers cryptocurrency trading services including the over-the-counter (OTC) service. The company was launched in November of 2013, and its headquarters is in New York. They have an international office in Singapore and offer free deposits and withdrawals in Singapore dollars. Review Contents Verification at itBit Fees itBit.com Trading Analysis […] Read Itbit.com Review »