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Bity: The Trusted Swiss Platform for Buying and Selling Cryptocurrencies with Ease

Introduction Founded in 2014 in Geneva, Bity is a cryptocurrency exchange that has quickly established itself as a major player in Switzerland and Europe. Its mission is clear: to offer individuals and businesses simple, secure, and regulated access to cryptocurrencies. Bity aims to combine regulatory compliance, a smooth user experience, and enhanced security. Since its inception, the company has processed hundreds of millions of Swiss francs in transactions and built an active community of users seeking a reliable local alternative to international platforms. The platform mainly supports buying and selling of Bitcoin, Ethereum, and other major cryptocurrencies, with a strong emphasis on ease of use when transacting in fiat currencies (CHF, EUR, USD).

Key takeaways

Key Features and Services

Bity offers a range of services focused on buying, selling, and exchanging cryptocurrencies:
  • Simple and fast buying and selling: Through an intuitive interface, users can buy or sell cryptocurrencies in just a few clicks, with direct conversion into Swiss francs or euros.
  • Cash or bank transfer withdrawals: Users can withdraw funds directly to a Swiss bank account or in cash at select physical locations.
  • OTC (Over-The-Counter) service: For institutional clients and high-volume traders, Bity offers a dedicated OTC service with customized terms.
  • Secure platform: A web and mobile interface with strong authentication, data encryption, and full KYC/AML compliance.
  • Integrated wallet: Bity offers users the option to store their cryptocurrencies in a secure wallet directly accessible via the platform.
  • Dedicated customer support: Multilingual assistance available in French, English, and German, with a responsive and transparent service team.
Bity prioritizes user experience by offering a simple, clear process suitable for both beginners and experienced investors.

Security and Compliance

Security is a top priority at Bity, which enforces high standards to protect users’ funds and data: Strict Swiss compliance: Bity is registered with FINMA (Swiss Financial Market Supervisory Authority) as a financial services provider, fully complying with AML and KYC regulations. Fund protection: Cryptocurrencies are primarily stored in offline cold wallets to reduce hacking risks. Two-Factor Authentication (2FA): Mandatory for all logins and transactions, ensuring strong account security. Data encryption: All sensitive data is transmitted via secure protocols and stored with advanced security measures. Regular audits: Internal and external audits are performed to ensure regulatory and operational compliance. Strict customer verification: Each user must undergo identity verification in accordance with Swiss regulatory standards. This rigorous approach makes Bity a trusted platform, especially appreciated by users who prioritize security and compliance.

Pricing and Fees

Bity’s fees are competitive and transparent: Trading fees: Bity applies a variable commission, generally ranging from 0.75% to 1.5%, depending on transaction volume and type (buy/sell). Deposit and withdrawal fees: Fiat deposits via bank transfer are often free, while withdrawals may incur minimal fees depending on the chosen method. No hidden fees: All charges are clearly displayed before confirming any transaction. Special offers for institutional clients: Large-volume users can benefit from preferential rates through the OTC service. Multi-currency conversion: Bity facilitates conversions between CHF, EUR, USD, and cryptocurrencies with transparent exchange rates. This accessible pricing model is a major advantage for users looking for a reliable platform without excessive costs.

Unique Value Proposition

Bity stands out thanks to its Swiss roots, offering users the confidence of strict regulation and high transparency. This credibility is reinforced by local customer support available in multiple languages and a user-friendly process accessible to all. The platform combines the security of a regulated provider with an intuitive interface, ideal for both beginners and seasoned investors. In addition, its OTC service for professional clients enables it to serve a broad range of users. By emphasizing trust, compliance, and simplicity, Bity positions itself as a reliable gateway between the traditional fiat world and the world of cryptocurrencies.

Comparison with Major Competitors

Compared to international platforms like Coinbase, Binance, or Kraken, Bity offers several unique advantages: Criterion Bity Coinbase Binance Kraken Regulation Strong (FINMA) Regulated (US/EU) Limited regulation Regulated (US/EU) Average fees 0.75–1.5% 1.49% 0.1%–0.5% 0.16%–0.26% Interface Simple, local User-friendly Complex Professional Customer support Multilingual, local Good Variable Good OTC services Yes Yes Yes Yes Available cryptocurrencies Limited selection Wide range Very wide range Wide range Bity prioritizes Swiss compliance and ease of use, making it a preferred platform for Swiss and European users seeking security and proximity.

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Conclusion

Bity is a Swiss platform recognized for its security, regulatory compliance, and user-friendly experience. Suitable for both beginners and experienced investors, it offers a seamless way to buy, sell, and manage cryptocurrencies. Its strong regulatory base in Switzerland ensures a high level of trust—an essential asset in an industry often viewed as risky. For those seeking a local, transparent, and secure platform, Bity is a solid choice that combines simplicity with professionalism.

Disclaimer :

Trading is risky and you may lose all or part of your capital. The information provided does not constitute financial advice and/or an investment recommendation

Comparison of the Best Crypto Exchange Platforms

Platform Description Advantages Disadvantages
🥇 Team’s Choice Bitvavo Buy on Bitvavo

European user-friendly platform, ideal for beginners and those seeking portfolio diversification. 

Simple interface, competitive fees, European regulation, supports multiple assets. 

Not suitable for professional or high-frequency traders.

🥈 Top 2 Binance Buy on Binance

Global leader in crypto trading, offering extensive features and asset variety.

Advanced tools, low fees, high liquidity, wide range of cryptocurrencies.

Can be overwhelming for beginners, regulatory scrutiny in some regions.

🥉 Top 3 BingX Buy on BingX

Social trading-focused platform with strong derivatives offerings. 

Copy trading features, good for beginners, supports futures and spot trading.

Limited fiat options, less recognized than top-tier exchanges.

Austrian platform offering crypto and traditional assets in one place.

Supports crypto, stocks, ETFs, precious metals, easy to use.

Higher fees, limited advanced trading features.

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