Bitnob
Bitnob
A custodial African service built around Lightning Network micropayments, DCA plans and developer APIs. Its reach is limited to Africa, virtual cards are limited in scope and local liquidity varies across emerging markets.
Data & conditions
| Account fee | Free |
|---|---|
| IBAN | condiviso |
| Multi-currency | Yes · 7 currencies |
| Outbound transfers to third-party IBANs | No |
| Utility direct billing | No |
| SEPA direct debit (SDD) | No |
| On-chain crypto withdrawal | Yes |
| Interest on balance | 0% |
| ATM withdrawal | not declared |
| Fund custody | Custodial (platform holds funds) |
| KYC | Full |
| Supported countries | AFRICA · 5+ countries |
| Regulator | none |
| OAM Italy registration | No |
| Segment | B2C |
| MiCA / License status | none |
Plans & pricing
Strengths
- Lightning Network micropayments; DCA plans; API for sviluppatori.
- No notable sovereignty advantage documented.
Weaknesses
- Only Africa; virtual cards limited.
- Custodial: the platform holds your funds and can freeze or lose them.
- Full KYC required: verified identity, zero pseudonymity.
Verdict
The mid-range rating reflects the lack of an identifiable regulator and a custodial setup with full KYC: users hand over funds without the safety net of a verifiable local licence. Reach limited to five African countries and the patchy liquidity of emerging markets weigh on reliability, while feature-light virtual cards constrain everyday use.
Through this lens Bitnob gains ground thanks to native Lightning Network integration for micropayments and developer-open APIs, making it appealing to those building on Bitcoin. The structural limits of third-party custody and full KYC remain, however, at odds with on-chain self-reliance.
Promp's editorial rating based on real fees and net annual cost. Promp reviews third-party products independently.
"Sovereignty" rating: score computed on privacy/anonymity (30%), fund control (20%), censorship resistance (20%), trustless/auditability (20%) and costs (10%). Same data, different weights.
FAQ
Is Bitnob a real bank?
Bitnob is a digital financial service. The deposit-protection scheme is not documented for this service; check the official terms.
Can I send transfers to third-party IBANs with Bitnob?
The ability to send transfers to third-party IBANs is not documented; check the official website.
Does Bitnob support direct debits and utility billing?
SEPA direct debit (SDD): not documented. Utility-bill domiciliation: not documented.
Which fiat currencies does Bitnob support?
The number of supported fiat currencies is not documented. Multi-currency accounts: not documented.
Can I withdraw crypto on-chain from Bitnob?
On-chain crypto withdrawal is not documented; check the official website.
Sources
- Official service page Plans & pricing · Regulatory framework · OAM Italy registry · Past incidents · +8 Data verified on Jun 14, 2026
- crunchbase.com Founders · Legal name Data verified on Jun 14, 2026
- opencryptocards.com Card issuance fee · FX markup · ATM fees · ATM limits Data verified on Jun 14, 2026
- pitchbook.com Company type · Latest funding round · Investors Data verified on Jun 14, 2026
Show 2 more sources
- preqin.com Founders Data verified on Jun 13, 2026
- trustpilot.com Trustpilot reviews Data verified on Jun 13, 2026