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What is itBit?

itBit Digital Asset Exchange offers a reliable and fair trading environment, under the regulation of the New York Department of Financial Services ("DFS"), and employs advanced blockchain monitoring systems to prevent market manipulation. Through its vast global network, customers from more than 100 countries have access to significant fiat-to-crypto liquidity pools across various pairs such as USD:BTC, USD:ETH, USD:BCH, USD:LTC, and USD:PAXG. The platform emphasizes security with multiple protective measures in place, ensuring that all cryptocurrency assets are securely stored in cold storage, which protects both the exchange and your investments. Moreover, liquidity providers enjoy the benefit of maker rebates, while the platform features a straightforward flat fee structure for transactions, including zero fees on cryptocurrency withdrawals. Importantly, Paxos sets itself apart as the sole crypto-to-fiat exchange to provide maker rebates on every trade executed, enhancing its appeal. This advantageous fee structure positions itBit as an exceptionally compelling choice for traders who are looking to maximize value in the competitive market. Additionally, the platform's commitment to transparency and user satisfaction further solidifies its reputation among crypto enthusiasts.

What is APROBIT?

APROBIT is dedicated to improving customer convenience through advanced technology, offering exchange services that leverage AI and big data. Operating from South Korea, APROBIT functions as a centralized exchange, enabling transactions in KRW and USD, in addition to facilitating KRW deposits and withdrawals. A standout feature is its implementation of Bitfinex's joint order book system, a first for the region, which enables users to access shared market depth for BTC, ETH, and USDT trading pairs. This cutting-edge method will uniquely position APROBIT as the only exchange in Korea granting traders entry to international market platforms. Furthermore, the exchange has formed strategic partnerships with entities like Genesis Block, RenRenbit, and the Applied Artificial Intelligence Laboratory (AAIL), enhancing its service offerings. The integration of Bitfinex's joint order book system is poised to significantly improve user experience while tackling the liquidity issues often faced by new exchanges at launch. By connecting local and global markets, APROBIT aims to transform the trading environment in South Korea, setting new standards for efficiency and accessibility in the process. This innovative approach signifies a major step forward in the evolution of cryptocurrency trading in the region.

Media

Media

Integrations Supported

BitGo
CoinMarketCap
Coin Trade Ledger
CoinLedger
CoinTracking
Coinigy
Crypto Backoffice
CryptoCompare
Cryptograf
HedgeGuard Crypto
Koinly
Lumina
Mesh
PayBitoPro
TabTrader
TokenTax

Integrations Supported

BitGo
CoinMarketCap
Bitcoin
Bitfinex
CoinGecko
Ethereum

API Availability

Has API

API Availability

Pricing Information

Pricing not provided

Pricing Information

Pricing not provided

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Web-Based Support

Customer Service / Support

Standard Support
Web-Based Support

Training Options

Documentation Hub

Training Options

On-Site Training

Company Facts

Organization Name

Paxos

Date Founded

2012

Company Location

United States

Company Website

www.paxos.com/itbit/

Company Facts

Organization Name

APROBIT

Date Founded

2020

Company Location

South Korea

Company Website

www.aprobit.com

Categories and Features

Crypto Custodians

Not specified

Categories and Features

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