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Top Bitcoin brokers. Part 2: Cubits

As promised, we continue introducing the best Bitcoin broker platforms. Today, we would like to take a closer look at Cubits. The London-based startup was founded back in 2014, and has since become one of the most secure and trusted all-in-one platforms in the marketplace.

General information

Cubits supports a whole of 17 different currencies, so it will be useful regardless of where you are located. Its verification method is considered one of the most secure among online Bitcoin brokers. However, it doesn’t mean you will have to deal with annoyingly long wait time. The system allows you to quickly access the platform – all you’re going to need is a government issued ID. The entire process takes just a few minutes.

After registration, you will gain access to a wide range of deposit options and be able to transfer money anywhere around the world. The system is extremely convenient and has been adopted by a large number of merchants. For example, a lot of popular online casinos love adding this payment method to their websites. It doesn’t matter if you’re an experienced gambler or just starting to explore the exciting world of Bitcoin casinos. Cubits will help making it a pleasant experience.

 

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Safety

Two-factor authentication is available upon login. The system automatically notifies the users if it spots any suspicious activities, including those concerning the change of personal data and money transfer/withdrawal.

Cubits doesn’t only protect your account. Your Bitcoins will be kept safe in a so-called “cold storage” – an offline storage that operates without internet access. You could compare such storage to a bank safe. Inability to access your money online keeps the hackers from stealing it.

Opening an account

Cubits’ verification system has been developed by Jumio, one of the leading companies in the industry. The platform is able to offer its services to residents of more than 120 countries, including Canada. Just click “verify”, upload a scan of the front and the back side of your national ID and you’re in. Or you can simply take a picture with your webcam. The verification will take a couple of minutes.

If u wish to create a merchant account, the system will require you to submit the meta tags to your home page in order to confirm website ownership.

Digital wallet

Cubits offers an easy way to exchange your Bitcoins for any of the 17 currencies supported by the platform. The users are able to purchase Bitcoins. The cryptocurrency will appear in your wallet immediately. You will also be able to deposit via wire transfer. After that you can manage your money within the platform the way you see fit. User interface is really simple and is limited to five tabs. The developers don’t want to leave you guessing what to do next.

Each tab is responsible for a separate action, such as:

transferring Bitcoins to an address or using QR code
requesting Bitcoins via email
purchasing Bitcoins plus deposit options
selling Bitcoins plus withdrawal options

Cubits pay

Cubits pay is a payment system that is widely explored by merchants. Adding Cubits to your website will allow your customers to make payments as easy as possible. All it takes is to click the “Pay with Cubits” button. After that, a dialog box will appear, requesting the authentication data. As soon as the verification process is complete, the user will be able to transfer his desired amount of Bitcoins to the merchant’s account.

Mobile version

Sadly, there is no mobile app available for Cubits users. To compensate for it, the developers are offering a mobile version of the website. It allows you to access the full functionality of the broker. The only way to make the user experience nicer would be adding the verification system by Jumio to the mobile version, too.

Support

Cubits has a fast and reliable customer support service. They are pretty quick to reply to any inquires – you will normally get an email within a couple of hours. Aside from replying to customers, the support provides additional services, such as, for example, resetting authentication data.

Bottom Line

If you’re looking for an extremely simple and easy-to-use platform with a friendly user interface – Cubits might as well be the perfect solution for you. The platform offers high-speed transactions, supports all of the world’s most popular currencies and is available in over 120 countries. You may come across brokers that charge lower fees, but it will normally mean you will have access to a very limited number of services. Another important thing to keep in mind when choosing your broker is user safety. At Cubits, they without a doubt take it seriously.

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