French Startup Bitit to Launch New Bitcoin Buying Platform

By August 10, 2016Bitcoin Business

Bitit is a French Bitcoin startup which keeps reinventing itself. After making a big splash by letting users buy Bitcoin through a Bitit code redeemable into Bitcoins, and with cash in 100K+ local stores, Bitit is now proposing a new killer platform which lets you buy Bitcoins in few seconds. This is a story in the making for a startup which has big product ambitions and wants to play a major role in the cryptocurrency space. Bitit is starting from scratch again and is rethinking its Bitcoin buying platform service. Nicolas Katan , Founder of Bitit, says: “The first digital goods that we sold were Bitcoin . We chose Bitcoin because it’s a low hanging fruit where there is more market depth, more transactions and where needs are the most recurrent.” Meeting demand for seamless Bitcoin purchase From it’s start nearly 8 months ago Bitit had processed more than half millions euros, user growth exceeded expectations, and the company spent a lot of time addressing feature requests. Available in more than 50 countries (and counting) the company now have stronger partnerships with payment institutions and processors. Bitit is now ready to embrace the demand for a seamless Bitcoin purchase. Katan tells CoinTelegraph: “Leaving the prepaid gift card aspect allowed us to build a platform which is perfectly in line with our vision. We allow individuals and institutions to buy any digital tokens at any time within seconds.” The company will be limiting credit/debit card purchases to 500€ worth of Bitcoin per week, compared to $10,000 per week when buying Bitcoin with cash through Neosurf prepaid voucher. Last but not least, there is no identity verification for your first 25€ Bitcoin purchase, which is really appealing for Bitcoin enthusiasts who want to buy their first Bitcoin. Also all Bitit users […]

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