The Birth of Bitit: A Crypto Accessibility Journey
In 2014, the founders of Bitit—childhood friends turned Bitcoin enthusiasts—graduated from university and dove headfirst into the world of cryptocurrency. Mining Bitcoin in their cramped Parisian apartments, they faced noise, heat, and complexity but craved simplicity: a seamless way to buy Bitcoin and join the crypto revolution.
Back then, no platform offered an easy solution. While Coinbase was emerging, most options were unreliable or outright risky. Determined to bridge this gap, Bitit launched in 2015 with a mission: democratize access to crypto assets for users worldwide, regardless of expertise or location.
Key Milestones
- Zero-Friction Platform: Streamlined KYC-to-token delivery in 6 years.
- 500,000+ Customers Served: Became France’s top fiat-to-crypto gateway.
- Bootstrapped Growth: Started with just €5000, scaling through resilience and word-of-mouth.
Challenges and Resilience
Bitit thrived as a small, agile team, but operational hurdles and regulatory delays (exacerbated by COVID-19) forced its closure in April 2021. Despite the setback, the team remains proud of empowering users toward financial freedom.
👉 Discover modern crypto solutions today
FAQs
Why did Bitit shut down?
Operational challenges and unresolved regulatory status in France led to unsustainable uncertainty, prompting closure.
What made Bitit unique?
Its focus on accessibility—simplifying crypto purchases for beginners and experts alike—without relying on heavy marketing or external funding.
Are there alternatives to Bitit now?
Yes! Platforms like OKX offer secure, user-friendly crypto purchases. 👉 Explore options here
Legacy and Gratitude
Bitit’s founders thank customers, employees, and partners for their trust. While the journey ended, the fight for financial inclusivity continues.
To the moon,
The Bitit Team
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