Bit2c

Bit2c

Bit2c
In Social Media:
Very basic Ease of use,  Enough secure,  Anonymously trading

Volume 24H: $60,521

Bit2c is the first company in Israel to develop an exchange platform that supports the Hebrew language and Bitcoin & Litecoin trade against the Shekel. Bit2C is a P2P platform that limits access to Israeli citizens. Most of its features work only with Israeli bank accounts.

This platform is suitable for Hebrew, Arabic, English, and Russian speaking users who have an open bank account at an Israeli bank. The platform design is basic and intuitive even for novice users. It has limited functionality and the fees are high.

Crypto Currencies Support

Language Support

  • Arabic
  • English
  • Hebrew
  • Russian

Country Support

  • Israel

Platforms Systems

  • Web Interface

Bit2c security levels are exceptionally high. They offer 2FA and a withdrawal white list option. They use an elastic multi-stage wallet strategy ensuring that 80-90% of funds are kept offline and secure. Also, for withdrawals, users are required to pass an enhanced verification process providing proof of the validity of their identification documents.

Summary:

2 Factor Authentication
Yes
Funds Insured
Funds are not insured
Private Keys Stored On
Exchange platform
Storage Type
They claim to hold user funds in cold storage but are not specific about it.

Advanced Security Features:

  • Email reports of logins
  • Email Notification of withdrawal

Security Features:

  • SSL
  • Regular Auditing Programs

The Bit2C platform was funded by an Israeli company who's CEO is Eli Bejerano. Bejerano is also the manager of the Israeli Bitcoin Association.

Summary:

Bit2C looks like a promising startup for the Israeli cryptocurrency market. Although it doesn't offer international services, according to its social media reviews, this company seems to be doing good business locally and customers are satisfied with their services. Bit2C provides a quick way to buy Bitcoin against the Shekel at fair prices.

Ease of use
Very basic
Transaction Fees
0.5-0.79%
Deposit/Withdrawal Fee
0.5-0.79%
Deposit/Withdrawal Fee c For Bank Transfer
60 NIS/Withdrawal
Deposit/Withdrawal Fee For Credit Card
N/A
Deposit/Withdrawal Fee Charged For 3rd party Payments
N/A
Anonymous Trading
Yes

Deposit/Withdrawal Options:

Deposit from bank account, Withdrawl funds to bank account, Send/Receive Crypto

Functionality:

Bit2C offers white label partnership opportunities, in which they franchise the platform to anyone who wants to operate a Bitcoin exchange. The smallest order value is 10 ILS/order. Also, the platform offers users the possibility of opening multiple wallets.

Most common
customer complaint:

Most reviews about this company are positive.