When you trade on Bit2C, Israel’s oldest and most established crypto exchange, launched in 2014. It's known for being one of the few platforms in the country that supports fiat deposits in ILS. But if you’re thinking about using it, the real question isn’t whether it’s safe—it’s how much it costs. Trading fees, the percentage charged every time you buy or sell crypto. Also known as maker-taker fees, these are the hidden costs that eat into your profits. And withdrawal fees, the charge to move your crypto off the exchange. These vary by coin and can be surprisingly high on smaller platforms. Bit2C doesn’t hide these numbers, but they’re not always easy to find either.
Most users don’t realize that Bit2C fees change depending on whether you’re making a market (placing a limit order) or taking liquidity (market order). The maker fee is often lower—sometimes even zero—while taker fees can hit 0.35% or more. That might sound small, but on a $1,000 trade, that’s $3.50 gone before you even think about taxes. And if you’re withdrawing Bitcoin? Expect a flat 0.0005 BTC fee, which can be $20 or more depending on the price. Compare that to Kraken or Bybit, where withdrawals are often free or under $1, and you start to see the gap. Even more confusing: Bit2C doesn’t charge fees for deposits in ILS, but if you’re sending crypto from another wallet, you’ll still pay the network fee. That’s not Bit2C’s fault—but it’s still your cost. And if you’re trading altcoins like XRP or DOT, you’ll find fewer options and higher spreads than on global exchanges.
Why does this matter? Because if you’re in Israel and want to buy crypto with shekels, Bit2C is one of the only real choices. But that doesn’t mean it’s the best. Many users stick with it because it’s familiar, not because it’s cheap. The truth? You’re paying for convenience, not efficiency. If you’re trading small amounts occasionally, the fees might not hurt much. But if you’re active, or moving larger sums, you’re leaving money on the table. And that’s before you even consider the lack of advanced tools, limited liquidity, or the fact that most newer DeFi platforms offer lower costs and better control. Below, you’ll find real reviews and comparisons that show exactly where Bit2C stands—both in fees and in trust. Some exchanges cut corners. Others just charge more. This one does both.
Posted by Minoru SUDA with 22 comment(s)
Bit2C is Israel's oldest crypto exchange, letting users buy Bitcoin and Ethereum with shekels. It's simple, regulated, and secure - but has high withdrawal fees and no mobile app. Best for Israeli beginners.
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