Bit2C is a cryptocurrency exchange based in Israel. It was founded in 2013 and has since become one of the leading exchanges in the country. The exchange offers a wide range of digital assets, including Bitcoin, Ethereum, Litecoin, and more. In this review, I will be covering the following topics:
Security: How secure is the exchange and what measures does it take to protect user's assets?
Trading Fees: What are the trading fees on the exchange and how do they compare to other exchanges?
User Interface: How easy is it to use the exchange and navigate through its features?
Payment Methods: What payment methods are available on the exchange and how easy is it to deposit and withdraw funds?
Customer Support: What kind of customer support does the exchange offer and how responsive are they to user inquiries?
Security:
Bit2C has implemented a number of security measures to protect user's assets. The exchange uses cold storage to keep the majority of its assets offline, making it much more difficult for hackers to access. Additionally, the exchange offers two-factor authentication (2FA) as an additional layer of security. This requires users to enter a code sent to their phone in order to log in. Overall, Bit2C seems to have a good track record when it comes to security and has not had any reported security breaches.
Trading Fees:
Bit2C has a flat 0.2% trading fee for both buying and selling. This is relatively competitive when compared to other exchanges, as many charge a different fee for buying and selling. Additionally, the exchange offers a discount for users who hold a certain amount of B2C, the native token of the exchange. This can result in a trading fee as low as 0.1%.
User Interface:
The user interface of Bit2C is relatively simple and easy to use. The exchange has a clean and straightforward layout that makes it easy to navigate. The exchange also offers a mobile app for trading on the go. The app is easy to use and has all the same features as the website.
Payment Methods:
Bit2C currently only accepts Israeli Shekel (ILS) as a fiat currency. Users can deposit funds into the exchange using bank transfers and credit cards. The process of depositing and withdrawing funds is relatively straightforward and easy to use.
Customer Support:
Bit2C offers customer support through their website's ticket system. They are relatively responsive and helpful. They also have a FAQ section on their website, which can be helpful for resolving common issues.
Overall, Bit2C is a solid choice for Israeli users looking to trade cryptocurrencies. The exchange offers a good selection of digital assets and has a good track