bit2c review

Taker and maker fees both run 0.05% to 1.25%, so the same band applies on either side of the book and no separate account tier changes it. The site median is 0.2% and the upper quartile reaches 0.55%, so bit2c sits toward the cheap end. Withdrawal fees are charged separately.

bit2c is regulated by Israel Securities Authority (ISA) רשות שוק ההון, ביטוח וחיסכון, and its terms of use give the licence as 72080. The entity behind the site is named as Bit2C I.T. Ltd (Israel company no. 517169447), so the operator is traceable rather than anonymous, and the licence number can be checked against the regulator's register.

Deposits are listed as bank transfer, which means funding the account from a bank account in the same market. Cards and instant payment methods are not among the listed deposit methods, so anyone without a local bank account is looking at the wrong venue.

Withdrawal fees are charged on shekel withdrawals and on a set amount per coin transfer, so the cost depends on which asset leaves the account. Those charges sit outside the 0.05% to 1.25% trading band, and support runs on help centre and email for questions on them.

The catalogue holds 2, a short list of major assets rather than a long tail of pairs. That is the clearest trade-off on offer: fewer coins means a simpler account, but no room to look for a token outside the headline names. Bitpanda's list starts at from 650 for comparison.

bit2c is listed as custodial, so coins sit with the exchange rather than in a wallet the customer controls. Withdrawal access therefore depends on the operator's systems rather than a personal key. The firm holding those balances is named in the terms of use as Bit2C I.T. Ltd (Israel company no. 517169447).

Derivatives are not offered, so the account is for spot buying and selling only. The platform is a cex setup built around 2 coins, which suits straightforward accumulation. Anyone wanting leverage or futures products belongs on a derivatives venue instead.

bit2c fits people in Israel who want to buy crypto in shekels through a supervised exchange rather than a peer to peer marketplace. The firm has been listed as a company in IL since 2013, and support runs on help centre and email for account questions.