Cubits

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Cubits announced termination of their exchange and filled for bannkrupcy in a press release on December 11, 2018 [1] {infobox company|name=Cubits|image= |industry= Payment Processor, eWallet |foundation=2014 |founder=Tim Rehder, Julian Mautner, Andreas Lehrbaum |employees=50+ |location= London, United Kingdom |twitter=CubitsHQ |facebook=CubitsHQ | |website=cubits.com }} Cubits was a multi-purpose Bitcoin platform for buying, exchanging, storing, and accepting Bitcoin. Cubits was founded in 2014 by Tim Rehder, Julian Mautner and Andreas Lehrbaum and launched after a year in development, in January 2015 [2]. Since its launch, Cubits has been one of the fastest-growing Bitcoin marketplaces in Europe. Cubits was a UK Registered company and was registered as a Telecommunications Digital & IT Payment Service provider in accordance with UK Money Laundering Regulations. [3]


Service Description

Cubits was offering European Bitcoin payment processing services with a secure, user-friendly platform for buying, exchanging, storing, and accepting Bitcoin. Customers are able to buy and sell Bitcoins in 17 different currencies through major payment providers.

Cubits Wallet

The Cubits wallet was a web wallet which allows Cubits users to buy, sell and monitor their Bitcoins.[4] Users could instantly purchase or sell Bitcoin with Mastercard and Visa or payment providers OKPAY, SOFORT and OBT, and also have the option to connect their Cubits Wallet to their bank account to increase the ease and speed of buy/sell activities. Cubits 2FA and multisignature technology to ensure that customer's Bitcoins are always secure. Any Bitcoins stored within a Cubits Wallet are placed in deep cold storage, meaning that in the rare event of an online attack users' Bitcoins are never at risk.

Features

  • Easy-to-use interface
  • Visa and Mastercard supported
  • Support for 17 currencies [5]
  • Seamless Wallet and Payment Modules [6]
  • Instant BTC transactions
  • Buy/Sell up to 150EUR with only SMS verification
  • 2FA and Multisignature Security [7]
  • All customer Bitcoins kept in deep cold storage [8]
  • New addresses for individual transactions [9]


External Links

[1]