ELI5 What is Saint Bitts LLC?

ELI5 What is Saint Bitts LLC?

Saint Bitts LLC is a company registered in the Federation of Saint Kitts and Nevis.

The company name, changing Kitts for Bitts, is a Bitcoin-related reference to the island that hosts it.

Saint Bitts HK is a Chinese subsidiary. The HK likely stands for Hong Kong

It is owned by Roger Ver and runs the Bitcoin.com domain, one of the most popular and valuable cryptocurrency-related Internet domains and also runs some of the most popular cryptocurrency wallet software for mobile phones, being ranked top at Google App Store.

The company is one of the driving forces behind Bitcoin Cash (BCH), a Bitcoin fork launched by Roger Ver and partners.

Saint Bitts released a new cryptocurrency exchange in September of 2019 and will initially list 4 cryptocurrencies: Bitcoin, Bitcoin Cash, Etherem and Tether.

The company’s local.bitcoin.com also aims to be a competitor to LocalBitcoins.com, allowing over the counter crypto trades between participants.



Saint Kitts Shore Image credit: Wikipedia

on August 31, 2019