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itBit
itBit
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
Paxos is the name of the company and itBit is the brand name of the exchange. You can access itBit by logging into the Paxos platform at https://account.paxos.com.
If you create or already have a Paxos account (or if you have previously created an itBit account), you can login to the itBit exchange at https://account.paxos.com. Additionally, you can use FIX or REST APIs to trade.
Sign up for a Paxos account and submit the required documentation. Verification is typically immediate for individuals, and can take 3-7 business days for institutions.