Rebiton: Trustworthy Easy Way to Buy and Sell Bitcoin?
What Is Rebiton?
Rebiton provides an easy way to buy Bitcoin. The platform gives users a simple way to buy Bitcoin or give as a gift. To get started, users only a gift card coupon code, which they can use to access the site. They can then exchange existing coupon Euros to Bitcoin, based on the prevailing rates at rebiton.com.
The Rebiton project is a product of UAB VERTEX, an established IT firm that started its operations in 2006. The firm is currently developing several IT projects. More information about VERTEX is available on its website at vertex.It.
The Need For A Crypto Wallet
Once users earn Bitcoin, they will need to store it safely and securely. That is where a reliable digital wallet comes into play. So, what is a cryptocurrency wallet and how can users create one?
A crypto wallet is a software that stores the information about digital currencies such as private and public keys, which the user requires to send and receive cryptocurrency. In a digital wallet, users can also track their cryptocurrency balance.
For users who already own cryptocurrency in their wallets, then it’s rather simple and easy. They simply need to click the “Send to Wallet” button. For the first time, users are required to provide a phone number, which they should provide correctly because it will send a code that enables the user to make a transfer to their cryptocurrency wallet. Upon entering the code correctly, the “Send to Wallet” button pops immediately. After clicking the button, the transfer is complete.
More About Rebiton
With the new invention, users buying small amounts of Bitcoin will no longer pass through a rigorous verification process. In many parts of the world, people still treat cryptocurrency with a lot of doubt and mistrust. Consequently, anyone who would like to own Bitcoin must be subjected to invasive KYC laws. They have their identification documents scanned, in addition to a selfie, which hackers can use to compromise their accounts.
Rebiton aims to remove such difficult processes and make things easy for anyone who would like to buy Bitcoin. Besides, the service will enable users to buy Bitcoin using fiat currency through a voucher system. Users can find the vouchers in several denominations, which they can swap instantly for BTC. However, the vouchers are valid only for 6 months. Rebiton plans to upgrade its services to enable users to purchase BTC instantly without involving vouchers.
No Cumbersome Compliance
Rebiton operates in the EU and the project fully complies with the AML laws in place. Courtesy of the strict purchase limits (currently at $999), Rebiton can operate according to all legal requirements without implementing any overly invasive compliance.
Acquiring BTC Vouchers
Users can find BTC vouchers in various denominations online through cards or bank transfer. They are also available in Lithuania at Gera Dovana stores where users need to pay cash to get them. For users who are gifting friends, an e-mail address is all they need. They can gift their friends, convert the vouchers instantly, or hold them until market conditions are favorable enough to convert them to BTC. As things stand now, with Rebiton, the process of buying cryptocurrency is no longer complex.