LiteBit

LiteBit.eu was a prominent cryptocurrency broker based in the Netherlands, founded in 2013 under the name 2525 Ventures B.V. Initially starting with around 14 employees, LiteBit experienced significant growth, particularly during the 2017 bull run, and relocated to a new headquarters in Rotterdam to accommodate its expanding customer base. However, in 2023, LiteBit announced its decision to cease operations due to increasingly stringent regulations from De Nederlandsche Bank (DNB) and growing competition in the crypto market. The company was acquired by Bitvavo, which received approval from the Authority for Consumers and Markets (ACM) to take over LiteBit's customer base, allowing users to transition to a reliable alternative without the need to seek out new options.

LiteBit.eu was a prominent cryptocurrency broker based in the Netherlands, founded in 2013 under the name 2525 Ventures B.V. Initially starting with around 14 employees, LiteBit experienced significant growth, particularly during the 2017 bull run, and relocated to a new headquarters in Rotterdam to accommodate its expanding customer base. However, in 2023, LiteBit announced its decision to cease operations due to increasingly stringent regulations from De Nederlandsche Bank (DNB) and growing competition in the crypto market. The company was acquired by Bitvavo, which received approval from th...