RATE Group | The Bitit Platform Offers Users an Intuitive Experience Designed to Make Buying and Sell…
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The Bitit Platform Offers Users an Intuitive Experience Designed to Make Buying and Sell…

The Bitit Platform Offers Users an Intuitive Experience Designed to Make Buying and Sell…

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In a Nutshell: Cryptocurrency hasn’t caught on with the majority of mainstream investors yet, partly due to its complex nature. But crypto is poised to solve cost and accessibility problems inherent in traditional financial systems. Bitit is a platform for those who are interested in crypto’s benefits, but don’t know where — or how — to get started. The platform allows more than 300,000 users in 70 countries to invest in leading cryptocurrencies using the payment method of their choice, without needing in-depth knowledge of its underlying technology.

Nicolas Katan and Ugo Mare started experimenting with Bitcoin mining while studying in Paris in 2013 and 2014. The process involved leveraging their computers to solve complex problems to verify blockchain transaction information. When miners add those cryptographically secure blocks of verified transactions to the blockchain, they receive Bitcoin as compensation.

But, like many would-be Bitcoin miners, Katan and Mare struggled…

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