A Local Startup That Started With Promise
Bit2C launched almost a decade ago as one of Israel's first crypto exchanges. It served domestic users with simple BTC/ILS and LTC/ILS markets, free shekel deposits, and beginner-friendly tools. For locals, it offered direct on-ramps into crypto without USD or euro services.
What You See Now
Today trading has nearly vanished. Reported data shows zero coins, zero trading pairs, and a 24-hour volume close to nothing. Some trackers occasionally display small figures, but order books remain empty. Liquidity is minimal, and real trades are almost nonexistent.
The Platform Isn't Dead - But It's Dormant
The website and APIs still function, but user engagement has evaporated. Verification and bank integration are still required for access, yet there are practically no traders. Markets exist in name only - no new listings, no price action, just a static platform with negligible use.
Possible Strengths - Once Relevant
- Local fiat support using ILS bank transfers
- Simple interface tailored for beginners
- Minimal deposit fees for shekel transfers
- Regulatory compliance within Israeli framework
Limitations That Matter Today
- Trading volume essentially zero across all markets
- Only two pairs supported and neither active
- Institutional or retail usage not visible
- No transparency on reserves or liquidity health
Quick Ratings
| Category | Rating |
|---|---|
| Concept & Design | ★★★☆☆ |
| Tokenomics & Backing | ★★☆☆☆ |
| Live Activity | ★☆☆☆☆ |
| Community Presence | ★☆☆☆☆ |
| Future Prospects | ★☆☆☆☆ |
Final Thoughts
Bit2C began as a promising local crypto gateway for Israeli traders, offering fiat access and simplicity. But its trading has dwindled to nearly nothing. With no liquidity, no activity, and no updates, it now feels like a relic rather than a working exchange. For those looking for active volumes or global fiat options, Bit2C no longer delivers.