We are a cryptocurrency broker, not a wallet.

We are a cryptocurrency broker and we should be seen as a fiat currency exchange platform that allows you to buy, sell and exchange different currencies.

Similar to a fiat currency exchange platform, we do not hold any funds and are unable to offer market spot rates for this reason.

Opening an account at Bity allows you to use our services. You do not "deposit" any of your holdings with Bity and we do not control your funds, wallets or private keys.

When using our platform you simply choose your wallet(s) you want to use to place your orders. This means that your cryptocurrencies remain on the wallet(s) that you manage and will only go through our platform when you are exchanging or selling cryptocurrencies.

For more information on choosing the right wallet to store your cryptocurrencies, please check our Bitcoin and Ethereum guides.

Did this answer your question?