About Xbit

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Who we are

Our history

Xbit Inc. was incorporated in 2024 and is headquartered in Tbilisi, Georgia. The platform exists to answer one question: how do you move money between a bank card and a blockchain address without handing your coins to somebody else first?

We never hold your crypto. It goes straight to the address you name.

Xbit is non-custodial by design. On a buy, coins are dispatched to the blockchain address you supply as soon as your payment confirms. On a sell, you send to a one-time deposit address and the fiat is paid out to your card or your bank account. The platform is a route, not a vault.

The team is made up of engineers, compliance specialists and payments people, and we work with regulated payment processors and licensed banks at every step.

Why it matters

How settlement works

A settlement rail is the path money takes once an order is placed. Xbit runs two. Card, through Flitt, for payments and payouts. Wire, through Bank of Georgia, where an incoming transfer is matched to your order by a unique payment reference. The crypto leg moves over the asset’s own network.

Nothing moves until the address has been screened.

Every account is verified with Identomat before its first order, and every address is screened with AMLBot — the destination address on a buy, the source address on a sell. Anything that comes back high risk is rejected rather than settled.

Prices come from the live Binance spot market. Orders settle in US dollars, euro or Georgian lari; the lari rate is the official National Bank of Georgia rate for the day.

Fees and any network cost are shown before you confirm an order. For the current schedule and limits, see the fee schedule.

Latest updates

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