Bitlish

Bitlish, found online at Bitlish.com, is a secure bitcoin exchange that promises strong security and a powerful API. Here’s our review.

What Is Bitlish?

Bitlish is a bitcoin company first launched in April 2015, then introduced on the Bitcointalk forums on December 1, 2015.

The platform is available through web browsers or mobile apps for Android and iOS.

Bitlish makes many of the same promises as other bitcoin exchange platforms. You can enjoy safe, easy Bitlish trading from your account. Bitlish also offers cards and ATMs. There’s a 0% maker/0.2% taker fee structure.

As of November 2017, Bitlish is sitting at the #116 spot in the list of the top cryptocurrency exchanges by 24 hour trading volume, according to CoinMarketCap. The most popular pairs including BTC/USD, BTC/EUR, BTC/RUB, and ETH/USD, which account for about 95% of trading volume on the marketplace.

How Does Bitlish Work?

Bitlish works a little differently from other bitcoin exchanges. You don’t actually trade bitcoins for other cryptocurrencies. Instead, this is just a bitcoin exchange platform where you can match your bitcoin or fiat currencies with other orders on the platform.

To get started, you deposit your bitcoins or fiat currency (USD, EUR, or RUB) into your account. Then, you match to any of the orders on Bitlish or create your own order.

After the order is completed, you withdraw bitcoins from your account to your bitcoin wallet. If you’re selling bitcoin for fiat currency, then you can also withdraw fiat currency to your credit card or bank account.

Before using Bitlish, you’ll need to confirm your phone number and verify your account with AML/KYC requirements. You’ll need a scanned copy of your ID and a utility bill, for example. You should be verified within about 24 hours.

One of the unique things about Bitlish is that there’s no maker fee. You don’t get charged when you’re making offers on the platform (i.e. you post the offer yourself). However, there’s a taker fee of 0.2% (for verified users) or 0.3% (for anonymous users).

Your credit card deposits will also be charged 3.5%, then 2.5% on withdrawals. Bitlish seems to be open and transparent about its fee structure. You can view full details about Bitlish fees on their website.

Bitlish Features

Instant Registration Without Verification:

You can deposit and withdraw up to 200 EUR without verification.

Low Or Zero Fees:

Bitlish charges a 0% maker fee and a 0.2% taker fee. Deposits and withdrawals, however, are assessed fees.

User Security:

Protect your account with different multi-factor authentication methods, including SMS, email, Authy, U2F hardware tokens, and others. Passwords are salted and encrypted.

Fast Support:

Bitlish promises to provide “almost instant” user verification, and support tickets are resolved in a timely manner.

Powerful API:

Bitlish offers a simple HTTP and low-latency WebSocket API with events. Full platform functionality is available to users, including trading, deposits, and withdrawals. You can also receive events on orderbook changes, matches, and payments in a totally automated way.

Vouchers:

Instantly deposit and withdraw funds with vouchers. Transfer money to other users via vouchers with no fee. Create and redeem vouchers automatically via API.

Multi-Currency Support:

Bitlish supports a wide range of cryptocurrencies and fiat currencies. Cryptocurrencies include BTC, BTG, DASH, EDR, EOS, ETH, GNO, GNT, ICN, LTC, MLN, REP, XDG, XMR, and ZEC. Fiat currencies include EUR, RUB, and USD.

Card Support:

Bitlish offers a prepaid card priced at 13 EUR or 15 USD. You can top up your card from your Bitlish account. The card charges transaction fees of around 2.50 to 3.50 per ATM transaction, then a 3% foreign transaction fee. All fees are listed upfront and can be viewed on their website.

Bitcoin ATM:

Bitlish lets users run their own bitcoin ATM, then set their own commission rates.

About Bitlish

Bitlish is based in London. The company is registered under the number 9564930. Bitlish was launched in 2015.

Today, Bitlish has a 24 hour trading volume of around $100,000 USD, according to data from CoinMarketcap. The company’s most popular pairs include BTC/USD, BTC/EUR, BTC/RUB, and ETH/USD. Together, these pairs account for over 95% of trades on the Bitlish platform. Overall, Bitlish’s trade volume puts it in the top 120 cryptocurrency exchanges.

Bitlish Conclusion

Bitlish is a UK-based cryptocurrency exchange service that accepts a wide range of deposit and withdrawal methods. You can use Bitlish to exchange bitcoins for other cryptocurrencies quickly, safely, and on good terms.

One of the unique things about Bitlish is its low fee structure. There are no maker fees, and competitive taker fees (0.3%). Bitlish also supports prepaid cards, multiple currencies, and APIs.

To learn more about Bitlish, visit the exchange online today at Bitlish.com.

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2 COMMENTS

  1. BITLISH WILL ONLY WASTE YOUR TIME

    Fellow investors/Traders would you consider 6 hours+ waiting time resonable for a fully paid ETH transaction to still not be visible towards your wallet as good business; NO!!! ; THINK TWICE!!!

    I WILL REMOVE ONCE I RECIEVE MY ETH WITHOUT ANY VOLITILITY LOSS IN PRICE!!!!

  2. Woke up this morning with my account hacked . As you guys don’t even reply to emails, and tickets( or you just reply after a week)and even if you reply,my coins are still gone I’ll just make sure when you type “Bitlish” on google, the first search results will be “Bitlish hacked” .

    103832857 April 30, 2018 3:05 AM -0.0034 BTC 0.001 BTC withdraw from payment system “bitcoin”, currency: btc
    103826788 April 30, 2018 2:43 AM 0.0035 BTC 0.0001 BTC Sell 0.0479 ETH ( for 0.00349862 BTC ) Order id – 1525045426960878
    103824677 April 30, 2018 2:35 AM 0.0159 ETH 0.0001 ETH Sell 1418.3991 HBZ ( for 0.01588607 ETH ) Order id – 1525044955725979
    103824675 April 30, 2018 2:35 AM 0.0039 ETH 0.0001 ETH Sell 300 HBZ ( for 0.0039 ETH ) Order id – 1525044955725979
    103824673 April 30, 2018 2:35 AM 0.0003 ETH 0.0001 ETH Sell 21 HBZ ( for 0.0002856 ETH ) Order id – 1525044955725979
    103824671 April 30, 2018 2:35 AM 0.028 ETH 0.0001 ETH Sell 2000 HBZ ( for 0.028 ETH ) Order id – 1525044955725979

    https://blockchain.info/tx/c28c4f35c5352e4f50339643bad8053309a1f5cf7bf2545ec97f57e281338d30

    Yesterday night, someone from RUSIA broke into my account, and sold my 3,7 HBZ, with a stupid low price. Found my language changed to RUSIAN this morning, and my HBZ gone. HE sold them for ETH, then converted to BTC and sent them to a BTC wallet.

    There is no way i have a trojan, or a virus or any kind of Keylogger in my pc , as i work in this field, and i always secure my devices. Gmail history shows no other devices, other than mine, no other ip’s . The only way someone broke into my account was profiting on your website bugs.

    I know i didn’t set up 2fa , it was because i was in a hurry and didn’t have my smartphone with me at that time. I would imagine an exchange with ” Secure” in their slogan would have better security, right ? NOPE!
    [img]https://ibb.co/cO73uH
    [/img]

    [img]https://ibb.co/buA1gx[/img]

    Thank you Bitlish, you are the best ! NOT !

    I’ll make sure I’ll fill the Top Alexa blogging websites with this story, and hopefully other users will not get hacked, like me.

    You may say it’s my fault, I did not set up 2fa. But do i really need to set it up? Is your website so vulnerable? You work with credit cards, i assumed your security is great. I was wrong .

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