Bit2c The Bitcoin Exchange Of Israel

Bit2C Ltd. was established to raise awareness and use of Bitcoin.

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5.2/10 (Expert Score) ★★★★★
Product is rated as #48 in category Cryptocurrency Exchanges
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Bit2C Ltd. was established to raise awareness and use of Bitcoin.

Bit2c The Bitcoin Exchange Of Israel
Bit2c The Bitcoin Exchange Of Israel

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Customer Reviews

Bit2c The Bitcoin Exchange Of Israel Reviews

Jeff D.

Advanced user of Bit2c The Bitcoin Exchange Of Israel
★★★★★
Very good platform for buying Bitcoin using Israeli money (NIS), but a bit expensive

What do you like best?

It allows you to buy Bitcoin using an Israeli bank account, and is one of the only platforms in Israel that enable that

It allows you to deposit NIS into your bank account by selling Bitcoin on the platform

It's API is easy to use and simple, allowing implementing scripts for easier usage of the system automatically

It's look and feel is very high-end and trustworthy, compared to other platforms

What do you dislike?

The change rates from Bitcoin to NIS are expensive compared to global exchange platforms like Binance

The platform was down during the recent Bitcoin rush (around December 2017) which damaged it's trustworthiness

Recommendations to others considering the product:

Robust platform that also has an API, which can be used for algorithmic trading

One of the most prominent platforms in Israel that work directly with a bank account

Platform is managed by experts from the area of crypto assets - public speakers that have vast experience in the field

Platform has a weekly newsletter about bitcoin, cryptocurrency and alts that helps gain insights about the field of cryptocurrency and blockchain

Platform enables exporting of data in Excel format

What problems are you solving with the product? What benefits have you realized?

Converting NIS to Bitcoin by depositing money from an Israeli bank account

Converting Bitcoin back to NIS and withdrawing it to an Israeli bank account

The main benefit is that these conversions are performed directly using a bank account, and with low fees -- Bit2c is one of the only platforms that allow that

Review source: G2.com

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