EasyBit
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EasyBit is a service for fast cryptocurrency exchange with low commissions, 24/7 support, fast transactions, affiliate program and multi-lingual interface.
Exchange
Official website
Social network
Date of foundation
1970
Company owner
EasyBit Solutions INC
Types of support
Feedback formOnline ChatFAQ
Languages
English, German, French, Spanish, Italian, Russian
Terminals
Author's platform
Bonuses
up to 0.1 BTCReceive
Reduced commission
Number of exchange destinations
200+
Forum threads
Methods of replenishment
Binance Coin, Bitcoin, Dash, Dogecoin, Ethereum, et al.
Withdrawal methods
Binance Coin, Bitcoin, Dash, Dogecoin, Ethereum, et al.
Application processing
Until 5 minutes
Mobile apps
There are mobile apps (Android)
Affiliate Program
RegistrationUp to 60% from the deal
Advantages
Dynamic commission structure
Multilingual interface
Large number of network options per coin
Optimized exchange pathways
Low commissions
High-speed transactions
Date of update
November 2, 2023
Overall assessment
8.6/10

    EasyBit is this a scam? Review and Customers Reviews

    Published: 25 October 2023 Updated: 2 November 2023


    EasyBit – a service for fast cryptocurrency exchange with low commissions, 24/7 support service, fast transactions, affiliate program and multi-lingual interface. The platform simplifies and secures digital asset conversion transactions. To check how honestly it works exchanger and whether it’s a scam, we’ve put together a review of the service.

     

    EasyBit currency exchange platform

    The platform conducts transactions in the “crypto-crypto” sector. Service EasyBit simplifies and secures the exchange of digital assets between each other. Transactions are carried out through a simplified order form. Despite this, the possibility of exchange is provided for about 200 assets. The service recreates the trading that is conducted by users on traditional crypto exchanges. However, the EasyBit exchanger has a number of advantages, including:

    • Support for key networks. Transferring assets between different blockchains can be difficult even for experienced users. One has to use bridges, pay commissions, and master a new interface. In this regard, holders often choose to exchange through specialized services with a simplified form.
    • A simple way of framing it. The lack of charts and trading data makes buying or selling less stressful for holders with limited trading experience.
    • BAR function to find the best exchange rates. An automated algorithm analyzes prices on exchanges and selects the best options. This helps holders exchange cryptocurrencies at more favorable rates.
    • Volatility protection. The VPM mode is provided for this purpose. It fixes the price for a certain period, thus reducing negative fluctuations in exchange rates during transactions. This provides stability and confidence in the exchange process.
    • Low commissions. Their size starts from only 0.2%. By increasing the status in the EasyBit loyalty system you can reduce the service fees to 0.1%.
    • Security. The platform actively applies protection systems and crypto-encryption technology. This guarantees the confidentiality and security of client data.
    • Speed of Operations. Orders are executed within 2 to 10 minutes, and the average processing time for each transaction is only 5 minutes.
    • 24/7 support. Platform specialists are ready to answer your questions 24 hours a day, every day.

     

    EasyBit e-money exchange

    Service easybit.com focuses exclusively on transactions with crypto-assets. Exchange of fiat funds for cryptocurrency is not yet provided. The exchange of electronic money is also not available. Transactions are carried out between the user’s crypto wallet and the address of the exchanger, allowing full control over the assets to remain with the holders.

    Receiving applications

    It is not necessary to register an account for transactions with crypto-assets. It is enough to go to the official EasyBit website. The interface supports Russian, English and 4 more languages. The window for creating an application is placed on the start page.

    EasyBit commissions

    Fees are deducted for the exchange. Overheads are in two parts and are shown in the total amount:

    • Exchange fee. This is a service part that EasyBit deducts as a percentage of the exchange amount – 0.2% or less depending on the status of the user.
    • Network Fee. This part is paid for processing the transfer in the crypto network. Its size depends on the exchange rate of the asset and the type of blockchain in which the transfer is made.
    • Registered users are given a discount on commissions. Terms in the table below.

    Currency of operations

    There is no exchange for fiat funds. Buying or selling blockchain assets through the balance of payment systems or using bank cards is not provided.

     

    Verification

    Users EasyBitThose who have created a personal account receive slightly lower commissions and also have access to loyalty programs. Registration is possible in a simplified form through a Google account or you can create a profile using e-mail. Step-by-step instructions in this case are given below:

    1. Click on the “Registration” button (located in the upper right corner).
    2. Enter your e-mail address.
    3. Familiarize yourself with the terms of service and other documents related to the operation of the service – check the box – click the “Registration” button.
    4. A confirmation e-mail will be sent to the specified e-mail address. It is necessary to follow the link in the message.
    5. Think of a complex password – repeat its input – click the “Set Password” button.

    During registration, no identity confirmation is required. It can be done at the will of the user. Instructions for verification:

    1. Go to your personal account settings and select the “Account” section.
    2. Click on the “Verify now” button. Confirmation is possible for both individuals (“Personal”) and companies (“Corporate”).
      For individuals, specify the type of document. For companies, attach the certificate of registration and articles of association, as well as up-to-date financial statements.
    3. Click “Clear” – “Next Step” – take a picture or attach a clear photo of the document – “Upload”. This is easiest to do in the mobile version of the verification form. The service offers a QR code for quick transfer to your mobile device. Scan it with your phone and the page will open in your mobile browser.
    4. Take a video selfie and wait for a decision.

     

    Bonuses

    In addition to the possibility to reduce the commission, the service offers a referral program. According to it, users can invite new participants and earn on their exchange operations. The bonus is accrued in the form of a percentage of the service fees isibit.com. Details can be found in the “Partners” section. Here you can also copy the referral link for invitation, which is generated immediately after creating a profile.

    According to the terms of the affiliate program, you can receive up to 60% from fees for cryptocurrency exchanges made by other users. In the personal cabinet there is a statistics panel displaying the number of completed transactions, the number of invited users and the profit received. Bonus withdrawal is possible in USDT stablecoins.

     

    Complaints

    EasyBit has a strong position on multiple platforms, which is a proof of the service’s credibility and legitimacy, which is further confirmed by user reviews. With more than 300 reviews, EasyBit has faced only a small number of negative opinions. Mostly, they were related to users’ misunderstanding of exchange operations, or misunderstanding of the standard problem-solving procedures applied by exchangers in this industry.

    If there are any new EasyBit reviews, we’ll be sure to post on social media. Subscribe so you don’t miss anything!

    Please keep yourself informed about news and complaints. We copy the most valuable information to social networks, so please sign up!

     

    Regulation and licenses

    EasyBit – A non-custodial exchange, which means that users have full control over their private keys and assets. The platform does not store clients’ assets and does not have access to their private keys. This eliminates the risk of hacker attacks or theft of user funds from the platform.

    License and regulator

    As a registered company, EasyBit strictly complies with all necessary regulations and requirements in force in its jurisdiction. Moreover, the site applies industry standard technologies and practices to ensure the protection of user data and maintain the reliability of its services. The website can be accessed at:

    • With the terms of service (See).
    • With the Privacy Policy (read).
    • With the AML/CFT Policy (explore).
    • With the Request Policy (See).

    Where do I complain?

    To leave a complaint about EasyBitYou can write to the operators via chat or email [email protected]. You can also complain about the project on this page.

    Customer Service

    The “Support” section has been created for appeals. It presents the most frequent questions of users and contacts of the service. You can leave a request in the chatbot. It is located in the lower right corner (the “Support” button). The support operator responds in 1 minute after the request.

    User Agreement

    EasyBit’s Terms of Service (ToS) describe the contract between the platform and its users. For a full understanding you should read the “Terms of Service” on the official EasyBit website.

    The document specifies the rights and obligations of the parties, customer acceptance policies (CAP), refunds and reimbursements, compliance information, risk disclosure. There is also information on rates and commissions.

     

    Is EasyBit a Scam?

    EasyBit – a reliable platform that adheres to the principles of transparency, convenience and customer confidence. With a clear 0.18% commission system and a user-centered approach, the service proves its integrity. The focus on customer support, innovation with algorithms, and quality support emphasizes EasyBit’s reputation as a trustworthy crypto exchange service. The many positive user reviews further confirm EasyBit’s reliability and distance the platform from any suggestion of fraud.

     

    Conclusion

    EasyBit has established itself as an outstanding player in the cryptocurrency industry, receiving praise for its continuous growth and exceptional service. The platform is equipped with automatic tracking to ensure the best exchange rates and offers many cryptocurrencies for exchange, all with improved security measures. With a responsive support team available around the clock, EasyBit prides itself on fast response times and tireless dedication to customer satisfaction.

    For EasyBit, innovation is a priority, and the platform is always working on improving the interface, expanding functionality and adding new currencies for exchange. If there are any questions, a desire to leave feedback or need help with information about the service, users can contact the service via the contact page or email. EasyBit aims to answer users’ questions in just a few hours. Users can stay in touch with EasyBit’s X (Twitter) profile under the name EasyBit_com, for the latest updates and discussions on the platform’s offerings.

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