What is Buy Bitcoin?
Buy Bitcoin lets you convert cash to bitcoin. The cash must be shown as available in your Coinbits profile. You may deposit cash from an external bank account using a bank transfer (ACH) or a wire transfer.
Is there a limit to how much bitcoin can be purchased using Buy Bitcoin?
Your daily purchase limit depends on your history with us, and generally increases over time.
After purchase, how long before the bitcoin can be cashed out or send out of Coinbits?
Bitcoin is locked in your account for a number of days before you are able to cash it out or send it out of Coinbits. This holding period is necessary to secure Coinbits and ensure bad actors cannot abuse our platform.