Is BitSkins Legit 2023 – Our Full Review Here
Introduction to BitSkins
One of the pioneers in the world of CS:GO trading remains relevant in 2023 thanks to its outstanding liquidity with over 700K monthly visitors and over a million visits yearly on its web page.
Massive discounts on fees for bulk sellers, an outstanding variety of skins and items, and the ease of trading via bot or P2P, a site that is very popular with users who buy and sell CSGO skins as it allows users to complete bank transfers and withdraw to Paypal on its skin marketplace.
In this review, we are going to verify if BitSkins is a legit, secure & trustworthy platform and if it’s the right choice for you based on its pros and cons in this BitSkins review.
BitSkins was founded and launched on July 21st, 2015 by Atif Nazir, becoming one of the first platforms in the world for exchanging, buying and selling CS:GO skins and in-game items. It has competed closely since then against monsters such as OPSkins (now offline), CS.MONEY, and DMarket. Mainly relying on the outstanding skins and items variability of its marketplace and special discounts for bulk sellers.
After the initial success of their CS:GO trading services, they expanded to new markets: Dota 2 and TF2. Because they saw that there are thousands of users who wish to trade, buy and sell Dota 2 and TF2 skins and items, opening a new revenue stream and access for the company.
It currently operates from its headquarters in Katowice, Slaskie, Poland, and it’s operated by Anna Maria Zamorniak-Urbaniak. They made this shift after the turbulence they experienced in late 2019, when some individuals used the platform for committing payment fraud. Since then, BitSkins hasn’t been involved in any other type of scandal which is why the platform is so secure as a buyer and as seller, by providing a trustworthy balance that is fair.
BitSkins is a highly popular and trusted CS:GO trading site, and the stats clearly prove it:
- Monthly Visitors: 774,000+
- TrustPilot Rating: 4.7/5.0
- TrustPilot Reviews: 1,360+
- Twitter Followers: 96,000+
- Instagram Followers: 1,500+
- Reddit Threads: 4,700+
- Steam Community Threads: 3,600+
- HLTV Threads: 82,700+
You can buy, sell and trade safely at BitSkins because its massive online presence and outstanding number of positive reviews and ratings make it a legit, trusted and recommended CS:GO trading site.
Optimal Liquidity for Fast Bot and P2P Trades
BitSkins has over 800K active offers, and with a total marketplace value of $3,100,000 – you can find available traders 24/7. It receives over 25,000 daily visitors, who are highly interested in trading, buying and selling CS:GO, TF2 and Dota 2 skins.
We’ve tested BitSkins and we can vouch for their efficiency and speed. We’ve used it to trade, sell and buy both common and rare skins and in-game times. In the majority of cases, the transactions were fast and smooth.
The Close Deals Live displays all the transactions that take place on BitSkins every day, and after analyzing it for several days, we have arrived at the conclusion that it’s mainly used for traders looking to buy and sell skins that range from $5 to $100+.
BitSkins is a mixed CS:GO trading site because it allows you to make transactions via the platform’s bot, or you can also opt for P2P trading. You can trade, buy and sell instantly by using the bot, or you can rely on peer-to-peer trading if you want to surpass the Steam trade lock and get better prices as a seller. Which will we cover more of in this Bitskins review.
How Does Bot Trading Work?
To use the bot trading system, you need to deposit the skins you want to sell into BitSkins Steam inventory. Then, you need to price your skins and the bot will take care of selling them automatically once a user wants to buy them. You cannot list or use the skins once they’ve been deposited into Bitskins.
If you want to buy skins on BitSkins using the bot, then just click on any of the available offers, pay the price and the bot will execute the transaction automatically. The seller will receive the payment, and you will receive the skins and items.
How Does P2P Trading Work?
BitSkins P2P trading allows you to publish your own offers on the marketplace, where you can find other users willing to buy your stock. All your items will remain in your Steam Inventory, and you’ll only have to transfer them to the buyer’s Steam inventory when you receive the payment and you approve the transaction.
If you want to buy on Bitskins via P2P, you just need to explore the marketplace, find an offer, send your offer, wait for the seller to approve it and then you will receive your skins and items directly into your Steam inventory.
The biggest advantage of P2P trading is that you don’t have to deal with the Steam Trade Lock, and that as a seller, you’re more likely to obtain better prices.
Buying & Selling Fees
BitSkins charges different selling fees depending on your method of trading, bot or P2P. Here you have the seller fee for the traders that use the bot:
|Tier||Selling Fee||Total Sales Required|
As you can see, BitSkins mainly benefits bulk traders. This is why we recommend this platform if you’re planning to trade skins and items by the lot.
Here you have the P2P selling fees:
|Tier||Selling Fee||Total Sales Required|
Regarding buying fees, BitSkins doesn’t charge a fixed fee, as they will vary depending on the payment method and withdrawal method you choose. It can range from 0% up to 5%, and the following section will bring you all the information you need.
Deposit & Payout Methods
Here you have a table with all the information about the deposit and payouts methods that BitSkins currently offers:
|Steam Skins (CS:GO, Dota 2 and TF2)||Yes||Yes|
BitSkins ranks high as one of the most versatile skins trading sites when it comes to deposits and payouts. You can rely on credit/debit cards, eWallets and cryptocurrencies to administer your deposits and profits.
Deposit and Payout Fees
However, it’s worth noting that it can charge deposit and payout fees that will vary depending on the payment method you choose, and here you have a list so you can be aware of the costs of deposits and withdrawals at BitSkins:
|Payment Methods||Deposit Fees||Payout Fees|
|Steam Skins (CS:GO, Dota 2 and TF2)||0%||0%|
If you want to save the most money, then you should rely on cryptocurrencies. Because on top of the selling fee, you’ll also have to pay for these fees and it’s in your best interest to keep them as low as possible.
- Massive fee discounts for bulk traders
- Fast and smooth trades thanks to outstanding liquidity
- Impressive variability of CS:GO skins and items
- Crypto cashout available
- Bonuses and promotions available
- It’s expensive for buyers to deposit funds
- Selling fee can be as high as 10%
Verdict: Should You Trade at BitSkins?
If you are going to trade CS:GO skins and items by the lot (a minimum of $150,001 in sales), and you want to use both bot and P2P trading, then you should trade at BitSkins. By being a bulk trader, you will reduce the commission to 5.00% for bot trading, and 3.99% for P2P trading. This way you will take full advantage of BitSkin’s massive inventory and great prices.
A common question that is asked is BitSkins legit? BitSkins provides a great platform if you are looking to find an alternative to the Steam Market. Bitskins is more popular than other third-party marketplaces due to its long reign in the industry. BitSkins boasts longevity as a Skin marketplace as it is great for selling skins and withdrawing real money.
It’s worth mentioning that Bitskins often offers the best deals, especially in comparison to other third-party marketplaces for popular Steam items and other games, however, Bitskins is mostly known for its market in the Counter-Strike industry.
We hope you enjoyed this Bitskins review.