Crypto Asset Trading built for Financial Institutions and Active Traders

Why Trade on itBit Digital Asset Exchange?

Advanced Supervision

itBit Digital Asset Exchange is a safe, secure and fair trading venue with oversight from the New York Department of Financial Services ("DFS"), best in class blockchain monitoring software and systems designed to prevent market manipulation.

Deep Liquidity

Access itBit’s global network of clients across over 100 countries for some of the deepest fiat-to-crypto liquidity pools for USD:BTC, USD:ETH, USD:PAXG and more.

Institutional Grade

Multiple layers of platform security coupled with 100% crypto asset cold storage ensure that our exchange and your assets are always safe.

Maker Rebates & Low Fees

Maker rebates available for all liquidity providers. Flat rate fees per transaction. No crypto withdrawal fees.

OTC Desk

For crypto trades over $50k USD, our agency-only desk offers a deep order book, support and competitive pricing for BTC, ETH, BCH, LTC, XLM, PAX, PAXG, USDT and more.

API Services

FIX, REST and Market Data API connections that meet the sophisticated needs of institutions and high-volume traders.

For Institutions

Personalized white glove service for institutions, investors and active crypto asset traders.

itBit Exchange Fees and Rebates

Paxos is proud to offer the only crypto-to-fiat exchange with maker rebates across all trades. Additionally, our simple fee structure has among the lowest rates.

Our maker-taker fee model ensures that we are operating with a deep liquidity pool which allows for better price discovery and a favorable trading environment for all customers. All maker orders (resting orders that add liquidity to the exchange) are eligible for rebates, and taker orders are charged fees according to the following tiered approach, based on 30-day rolling volumes (USD):

USD EUR SGD Taker Fees(in Basis Points) Maker Rebates(in Basis Points)
0-600K 0-550K 0-900K 35.00 (3.00)
600K-3M 550K-2.5M 900K-4.5M 25.00 (3.00)
3M-15M 2.5M-14M 4.5M-22.5M 17.50 (3.00)
15M-60M 14M-55M 22.5M-90M 10.00 (3.00)
60M+ 55M+ 90M+ 6.00 (3.00)
MAKERS EARN REBATES

Traders placing Maker orders (resting orders that add liquidity to the exchange) earn 3 bps on all executed trades. Rebates are credited to customers’ fiat accounts in cash.

COMPETITIVE TAKER FEES

Taker orders are among the lowest in the industry. All traders can benefit from lower fees at higher trading volumes.

RATE TRANSPARENCY

All verified users – from individuals to institutions – can take advantage of the same rebates and low fees listed here. 

Frequently Asked Questions

itBit is the name of the exchange, and Paxos is the name of the company. The itBit exchange is 100% owned and operated by Paxos. For more information on the itBit exchange and trading services, please visit www.itbit.com.

Right now, you need to use separate logins to buy/convert/redeem PAX at http://standard.paxos.com and to trade on www.itbit.com.

Paxos.com is our company website. itBit.com is an exchange owned by Paxos.

Here’s how to get started with itBit:

  1. Sign up for an account here
  2. Submit the required documents*:
  1. Once verified, fund your account using your preferred method (Fiat or Bitcoin)
  2. Begin trading!
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