Bitcoin (XBT), the world's first decentralized cryptocurrency, began with the 2008 registration of the bitcoin.org domain and release of the bitcoin whitepaper by its anonymous creator Satoshi Nakamoto. In January 2009, Nakamoto mined the Genesis block, or first block on the bitcoin blockchain. It contained the first 50 bitcoins.
Today, bitcoin is the most widely-used cryptocurrency, and the project's source code served as the basis for a number of subsequent cryptocurrencies including Litecoin (LTC). In August 2017, Bitcoin Cash (BCH) was created through a "hard fork" of the Bitcoin protocol.
itBit offers a personalized Bitcoin OTC trading experience. Work privately with one of our experienced traders straight through settlement.
itBit provides access to a global network of clients across over 100 countries.
Most OTC trades are settled same-day, with flat rate fees per transaction and no crypto withdrawal fees.
As a New York State Trust Company, itBit is subject to strict regulatory oversight by the New York State Department of Financial Services. All fiat and digital customer assets deposited with itBit are backed by mandatory capital reserves as a regulated entity.
itBit uses 100% cold storage ensuring that your crypto assets remain secure and will be available to meet investor redemption and verification requirements. Our custody model protects custodied assets by ensuring that they are never commingled with assets held in customer trading accounts.
Our Institutional Client Group (ICG) provides all custody clients with personalized service and support. We operate around the clock Monday through Friday from our global operation centers in New York and Singapore. As your needs grow, our relationship managers will be there to assist you.
Crypto asset trading involves a high degree of risk. The crypto asset market is new and unproven and may not grow. Currently, there is relatively small use of crypto assets in the retail and commercial marketplace in comparison to relatively large use by speculators, thus contributing to price volatility that could adversely affect an investment in crypto assets. In order to participate in the trading of crypto assets, you should be capable of evaluating the merits and risks of the investment and be able to bear the economic risk of losing your entire investment. No material at this site should be considered as an offer by itBit to sell or solicitation by itBit of any offer to buy bitcoin or other crypto assets.
