Bit2c Exchange Review

Local/Regional Exchange - cannot be rated at this time.

Bit2c is a company that focuses its operations on the exchange of digital assets. This company was launched in 2013 in Israel. Bit2c was founded by Eli Bejerano and Haddar Macdasi. Both founders shared the same purpose to create an exchange for people that speak Hebrew. This is why this company is recognized to be the first of its kind within the crypto industry. Nevertheless, the exchange is also available in English as well as Russian. 

As a cryptocurrency exchange, Bit2C offers bitcoin, bitcoin cash, bitcoin gold, and litecoin. Bit2C has managed to gain a large market share due to its attraction to local traders. Moreover, it accepts bank transfers and fiat currency. A Bit2C exchange review claims that this company prohibits US investors from trading on its exchange. Regarding fees, Bit2c offers a fee for fiat currencies of 0.50% regardless of the investor being a market maker or taker.

In terms of security, the platform has an authentication process where the users need to verify their identity during the registration process. Once this has been completed, investors need to have an Israeli bank account to start trading. In addition, the company claims that to ensure high security, they keep most of their clients' assets offline and divided from the companies operating funds. Finally, a downside of this platform based on reviews is the liquidity that has been recorded as low which is something to take under consideration as an investor in the short term.