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Itbit

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About Itbit

Since launching in 2012, the itBit team has strived to push the boundaries of sophistication in crypto asset trading. In May 2015, we obtained a trust company charter and opened the first regulated bitcoin exchange in the U.S. Today, we stand alone as the only company in the cryptocurrency space that offers crypto asset traders access to a global exchange, OTC trading desk, Custody Services, and Escrow Services.

With our strong global presence, our company carries a long history of trusted relationships with both U.S. and global customers. At itBit, we are committed to offering a premium trading experience, personalized customer support, and the best-in-class security.

Key data

data refreshed every 10 minutes$33.62M / 24h
Trading pairs5
Founded2012-04-05T00:00:00.000000Z
Market share0.1%of tracked exchanges volume

If you've just searched for itBit, here's the short version: it's a centralized cryptocurrency exchange (CEX) launched in 2012, which makes it one of the older platforms still active today. It's operated by Paxos Trust Company, a New York-based firm with a strong regulatory focus, and it has traditionally served both retail and institutional traders. This page brings together reference details and live metrics so you can quickly see how the platform is doing.

Frequently asked questions

What is itBit?

itBit is a cryptocurrency exchange best known for Bitcoin trading and a compact selection of other major digital assets. It's operated by Paxos Trust Company and has built its identity around regulatory compliance rather than a massive listing catalog. That makes it more of a focused, niche platform than a do-everything exchange.

Is itBit centralized or decentralized?

itBit is a centralized exchange (CEX). Orders are matched through the platform's own order book, and the operator holds custody of user funds, which is why identity verification (KYC) is required. This is the opposite of a DEX, where trades settle on-chain and users keep control of their own wallets.

When was itBit founded?

itBit was founded in 2012, putting it among the earliest generation of crypto exchanges. A few years later it came under the umbrella of Paxos Trust Company, which is regulated as a trust company in the US. That regulatory footing has long been one of the platform's distinguishing features.

What should users pay attention to?

The same things that matter with any CEX: how your funds are custodied, KYC requirements, the fee schedule, and how liquid the markets you plan to trade actually are. Since itBit focuses on a narrower range of assets, check that it covers the coins you want before signing up. The live metrics on this page can help you gauge current activity levels.

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