bit review

Updated October 14, 2026 · VaultCue Editorial Team

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Our verdict

The app lets users choose whether a money transfer comes from their balance or the debit card registered in bit.

Key facts

Best for
Israeli bit wallet users choosing a transfer funding source
Transfer fee
Free for person-to-person sending; 0.8% fee on receiving money above the free annual threshold of 25,000 ILS↗
Legal entity
Bank Hapoalim Ltd.↗
Headquarters
Israel↗
Support channels
Phone, Help-centre↗
Official website
bitpay.co.il

Money transfer

Delivery time
Immediate into the recipient's bit balance after approval; withdrawal to a Bank Hapoalim account by end of the same business day, other banks by end of the next business day↗
Payout methods
Bank, Cash-pickup, Wallet↗
Fee to send 1,000
₪0↗

Facts checked September 26, 2026, 3 sources

Apps and profiles

Get the app
App Store

Pros

Pros

  • The app lets users choose whether a money transfer comes from their balance or the debit card registered in bit.
  • This concerns the Israeli wallet, not the unrelated cryptocurrency service.
bit

Ready to try bit?

Who it suits

  • Israeli bit wallet users choosing a transfer funding source

Company

The app lets users choose whether a money transfer comes from their balance or the debit card registered in bit. This concerns the Israeli wallet, not the unrelated cryptocurrency service.

Where bit is available

Available
Israel

Countries from the brand (Source, checked September 26, 2026)

Frequently asked questions

Which company operates bit?+

bit is operated by Bank Hapoalim Ltd.. (Source, checked September 26, 2026)

Where is bit based?+

bit is based in Israel. (Source, checked September 26, 2026)

How can I contact bit support?+

bit offers support through Phone, Help-centre. (Source, checked September 26, 2026)

Sources

  • bitpay.co.il/he/private-faq checked September 26, 2026

    Backs: Delivery time, Payout methods, Transfer fee, Fee to send 1,000

    “When transferring money from your balance in bit to someone else, the money will appear in their balance immediately after they approve the transfer.”

  • play.google.com/store/apps/details checked September 26, 2026

    Backs: Headquarters, Legal entity

    “50 Rothschild Blvd. TEL AVIV-JAFFA, 6688314 Israel”

  • bitpay.co.il/he/wallet checked September 26, 2026

    Backs: Support channels

    “nitan lifnot eleinu betelefon 6428; sheelot uteshuvot - FAQ”

Compiled from 3 source pages, checked October 16, 2026. We did not open an account.

Not confirmed yet: Monthly fee, Licence type, Deposit protection, Currency conversion fee, Currencies.

bit

bit

Israeli bit wallet users choosing a transfer funding source

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