ItBit: Difference between revisions

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removed advertisement language, added trust charter mention
WikiR (talk | contribs)
m Added a warning box to clarify that the exchange is no longer operational and any domain acquisition does not reflect the original entity.
 
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{{ambox
| type  = warning
| text  = '''Warning: This exchange has discontinued its services.''' Any acquisition of the domain does not represent the original owners, nor does it reflect the accuracy of the information shared here.
}}
{{infobox company|name=itBit Trust Company, LLC|image=[[File:itBit.png|256px]]
{{infobox company|name=itBit Trust Company, LLC|image=[[File:itBit.png|256px]]
|location=Singapore<br>New York City, NY, United States
|location=Singapore<br>New York City, NY, United States
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|facebook=itbitwelcome
|facebook=itbitwelcome
|website=https://www.itbit.com
|website=https://www.itbit.com
}}
}}'''itBit''' is the Bitcoin branch of NY based blockchain company Paxos. itBit re-branded as Paxos in September 2016.<ref>[http://www.coindesk.com/itbit-rebrands-paxos-amid-blockchain-pivot/ CoinDesk: ItBit Rebrands as Paxos Amid Blockchain Pivot"]</ref> 
 
 
itBit Trust Company, LLC is a Venture Capital funded global digital currencies exchange based in Singapore.  


On May 6th 2015, itBit became the first bitcoin exchange to become a trust company, receiving a charter from the NYDFS<ref>[https://twitter.com/BenLawsky/status/596329021694210049 Ben Lawsky on Twitter: "Big day. New York issues first charter to a virtual currency company: @itBit (a Bitcoin Exchange) http://t.co/CXrYTrtpGk"]</ref>
On May 6th 2015, Paxos became the first bitcoin exchange to become a trust company, receiving a charter from the NYDFS.<ref>[https://twitter.com/BenLawsky/status/596329021694210049 Ben Lawsky on Twitter: "Big day. New York issues first charter to a virtual currency company: @itBit (a Bitcoin Exchange) http://t.co/CXrYTrtpGk"]</ref>


==References==
==References==
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[[Category:Exchanges]]
[[Category:Exchanges]]
[[Category:Introduction]]
[[Category:Introduction]]
{{lowercase}}

Latest revision as of 23:24, 18 February 2025


itBit Trust Company, LLC
Industryexchange
FoundedApril, 2012
HeadquartersSingapore
New York City, NY, United States
Founder(s)Charles Cascarilla, Richmond Teo
Websitehttps://www.itbit.com
 Twitter  Facebook 

itBit is the Bitcoin branch of NY based blockchain company Paxos. itBit re-branded as Paxos in September 2016.[1]

On May 6th 2015, Paxos became the first bitcoin exchange to become a trust company, receiving a charter from the NYDFS.[2]

References