AjuBit Crypto Exchange Review: Fast Crypto-to-Fiat Conversions for Freelancers and Global Payments
Dec, 4 2024
AjuBit Crypto-to-Fiat Conversion Calculator
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If you’re a freelancer, digital nomad, or someone who gets paid in crypto and needs to turn it into real cash without paying bank fees that eat up half your profit, AjuBit might be the tool you’ve been searching for. It’s not Binance. It’s not Coinbase. It doesn’t have hundreds of trading pairs, advanced charting, or margin trading. But if your goal is simple - get Bitcoin, Ethereum, or USDT into your bank account quickly, cheaply, and without jumping through hoops - then AjuBit delivers.
What Is AjuBit, Really?
AjuBit launched in August 2020 and calls itself “the world’s first informative crypto exchange.” That sounds like marketing fluff, but there’s truth behind it. Unlike most exchanges that hold your crypto in their wallets, AjuBit is non-custodial. That means your coins never leave your control. When you swap BTC for EUR, you send your Bitcoin to AjuBit’s deposit address, they verify it, then send euros directly to your bank account. No middleman holding your assets. No delays from withdrawal queues. Just direct conversion. They support major coins like Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and Tether (USDT). On the fiat side, they handle EUR, GBP, CAD, AUD, SGD, HKD, and AED - over 50 countries are covered. That’s rare. Most exchanges only support USD, EUR, and maybe GBP. If you’re in Nigeria, Brazil, or the Philippines and need to cash out crypto without relying on risky peer-to-peer platforms, AjuBit’s local currency support makes it stand out.How Fast Are Transactions?
Speed is where AjuBit shines. Users report crypto-to-fiat conversions completed in just a few hours. International bank wires take up to two working days. That’s faster than most traditional remittance services like Western Union or Wise, especially when you factor in weekends and holidays. One user mentioned they sent $2,500 in BTC to their German bank account and had the euros cleared by noon the next day. No holds, no delays from compliance checks - just smooth processing. This speed comes from their model: they don’t hold funds. Once they confirm your crypto deposit, they trigger the bank transfer immediately. There’s no liquidity pool to manage. No need to wait for matching buyers. It’s a direct bridge from blockchain to bank.Fees and Exchange Rates
AjuBit doesn’t publish a public fee schedule, which is frustrating if you’re comparing platforms. But user reports suggest their rates are competitive. One freelancer on Revain.org said they got “the best cost and purchase rate for clients” compared to other exchanges they’d tried. That’s not just luck - it’s likely because AjuBit cuts out middlemen. They don’t need to make money from spreads like larger exchanges do. Instead, they profit from volume and their referral program. The referral program gives you up to 30% commission for every person you bring in who makes a trade. That’s unusually high. Most exchanges offer 10-20%. If you’re active in crypto communities or have friends who get paid in crypto, this can turn into passive income.
Security: Non-Custodial, But Is It Safe?
AjuBit uses SSL encryption, two-factor authentication (2FA), and IP verification. These are standard, but they’re also essential. Since you’re sending crypto directly to them, you need to trust their deposit addresses. Always double-check the wallet address they give you before sending. A single typo could mean lost funds. Their non-custodial setup means you’re not at risk of exchange hacks like Mt. Gox or FTX. Your crypto isn’t sitting on their servers. But that also means if you send to the wrong address, or if you get phished, there’s no recovery. You’re responsible. They’re registered as a Virtual Asset Service Provider in Panama (Company No. 27046). CoinMarketCap lists them as based in Seychelles - a common practice for crypto firms to operate across jurisdictions. This isn’t a red flag, but it does mean they’re not regulated by the SEC, FCA, or any major Western authority. If something goes wrong, you won’t have government-backed protection.Who Is AjuBit For? And Who Should Skip It?
AjuBit isn’t for traders. If you want to swing trade Solana, set limit orders, or use leverage, this isn’t your platform. You won’t find candlestick charts, order books, or API access. It’s a conversion tool - nothing more. It’s perfect for:- Freelancers paid in crypto who need to pay rent or bills in local currency
- Remote workers receiving crypto from international clients
- People in countries with strict capital controls who need to move money out
- Anyone tired of high wire transfer fees from banks
- Want to trade dozens of altcoins
- Need deep liquidity or tight spreads
- Expect regulatory protection or insurance on your funds
- Prefer platforms with mobile apps and built-in wallets
Customer Support and User Experience
The website is clean, simple, and easy to navigate. No clutter. No confusing menus. You pick your crypto, pick your fiat, enter your bank details, and go. It’s designed for people who just want to get money out - not become crypto experts. Support is available nearly 24/7 via email and live chat. Multiple users report quick responses, even on weekends. One person said they had an error in their bank account number, and AjuBit’s team fixed it within 90 minutes. That kind of responsiveness is rare in crypto. But here’s the catch: there’s no knowledge base. No tutorials. No FAQs. If you’re new to crypto, you’ll have to figure things out on your own. You need to know how to send Bitcoin from your wallet, what a transaction ID is, and how to verify your bank account. It’s not beginner-friendly - but it’s not meant to be.Trust and Reputation
AjuBit has been operating since 2020 - over five years. That’s longer than half the crypto exchanges that launched in 2021. They’re listed on BestChange, a trusted exchange aggregator with over 18,000 user reviews. Their TrustScore is 2,283 (based on Perfect Money transactions), and their Web of Trust rating is 3.0 out of 5.0 - average, but not terrible. On Revain.org, most reviews are positive. Users praise speed, reliability, and customer service. But there are complaints: “It doesn’t work,” “I didn’t actually uphold it.” These are usually isolated cases, often tied to users sending to the wrong address or failing to complete verification. Not systemic failures. The lack of coverage from major outlets like CoinDesk or Cointelegraph isn’t a sign of fraud - it’s a sign of niche focus. They don’t have the trading volume to catch the attention of mainstream crypto media. But they don’t need to. Their market is small, steady, and growing: people who just want to turn crypto into cash.Final Verdict: Worth It?
AjuBit isn’t the biggest, flashiest, or most secure crypto exchange out there. But it doesn’t have to be. It’s laser-focused on one thing: helping people convert crypto to fiat fast, cheap, and without banking red tape. If you’re in a country where traditional banks make it hard to move crypto earnings, or if you’re tired of paying 5-10% in fees to cash out, AjuBit works. It’s reliable, fast, and has a track record. The 30% referral program is a bonus if you know others who need this service. Just remember: you’re responsible for your own security. Double-check addresses. Enable 2FA. Don’t trust links sent via email. And if you’re looking to trade or invest - go to Binance or Kraken. For cashing out? AjuBit is one of the few platforms that actually gets the job done.Is AjuBit a legitimate crypto exchange?
Yes, AjuBit is a legitimate exchange with over five years of operation since its 2020 launch. It’s registered as a Virtual Asset Service Provider in Panama and listed on trusted platforms like BestChange. While it’s not regulated by major Western authorities, its non-custodial model and consistent user feedback indicate it operates as advertised - as a crypto-to-fiat conversion service, not a trading platform.
Can I use AjuBit to trade altcoins like Solana or Shiba Inu?
No. AjuBit only supports Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and Tether (USDT). It doesn’t offer trading pairs, charts, or order books. It’s designed for converting these four assets into fiat currencies, not for active trading. If you want to trade altcoins, use Binance, KuCoin, or Kraken instead.
How long does it take to get money from AjuBit to my bank account?
Crypto-to-fiat conversions usually complete within a few hours after your deposit is confirmed. International bank wires take up to two working days. This is faster than most traditional banks and remittance services. Delays are rare but can happen if your bank requires extra verification or if there’s a holiday.
Does AjuBit have a mobile app?
No, AjuBit doesn’t have a dedicated mobile app. The platform works through any modern web browser on your phone or computer. The interface is mobile-friendly, so you can complete transactions on your phone. However, you’ll need to manage your crypto wallet separately - AjuBit doesn’t store your private keys or offer wallet services.
Are there any hidden fees on AjuBit?
AjuBit doesn’t publish a fee schedule, so there’s no official list of hidden fees. However, users report transparent pricing with no surprise charges. The exchange rate you see before confirming the trade is the rate you get. The only potential cost is your bank’s incoming wire fee, which AjuBit doesn’t control. Always check with your bank about receiving international transfers.
Is AjuBit safe for large transactions?
AjuBit has processed over $2.7 million in reserves as of October 2024, and users have successfully moved large sums without issues. Since it’s non-custodial, your funds aren’t stored on their platform - reducing risk. However, always start with a smaller test transaction to confirm the process works with your bank and wallet. Never send more than you’re willing to lose if you make a mistake.
Vijay Kumar
November 26, 2025 AT 15:55AjuBit isn't magic, it's just honest. Most exchanges act like they're running a casino, but this? It's a damn utility. You send BTC, they send EUR. No drama, no gambling, no 'liquidity pools' pretending to be financial innovation. If you're tired of paying 8% in hidden fees just to touch your own money, stop overcomplicating it. This is the anti-exchange. The real one.
And yes, non-custodial means you're responsible. But guess what? So is your bank when they freeze your account for 'suspicious activity'. At least here, you know where your coins are.
Christina Oneviane
November 28, 2025 AT 09:22Oh wow, another ‘revolutionary’ crypto tool that’s just a glorified wire transfer with a blockchain sticker on it. 🙄
Let me guess - the founder is a 24-year-old who dropped out of college to ‘disrupt banking’ while living in a Bali co-living space. Congrats, you built a PayPal for degens. Still waiting for the TikTok ad with someone screaming ‘I turned my ETH into pesos in 2 HOURS!!’ while holding a taco.
And the 30% referral? Sounds like a pyramid scheme with better UX. I’ll pass, thanks.
Casey Meehan
November 29, 2025 AT 23:04Guys. I used AjuBit last week to cash out 3.2 BTC from my Cold Wallet to my Chase account. Took 1h47m from TX confirm to USD hitting my balance. ZERO fees from them. My bank charged $15 for incoming wire - that’s it.
And yes, I double-checked the deposit address 3 times. 🧠🔍
Also - the live chat rep who helped me fix my routing number? Was a dude named Marco. He spoke 5 languages. I cried. 😭
Also also - they don’t have an app? GOOD. I don’t need another app. I need results. This is the crypto equivalent of a clean, quiet, efficient laundromat. No flashy lights. Just works. 💯
Martin Doyle
November 30, 2025 AT 10:22Christina, you’re not wrong - but you’re also not right. AjuBit isn’t for you. It’s not supposed to be. You want trading? You want charts? You want to feel like a Wall Street trader while sipping oat milk lattes? Go to Kraken. This is for the guy in Lagos who got paid in USDT for designing logos for a startup in Toronto. He doesn’t care about liquidity or leverage. He needs to pay his kid’s school fees.
And yes, the 30% referral is insane. I’ve made more from referrals on AjuBit than I’ve lost in crypto trades. That’s not a pyramid. That’s a reward for helping people avoid bank fees that cost them more than their rent.
If you’re too lazy to understand the difference between a trading platform and a conversion tool, don’t trash it. Just don’t use it.
Grace Zelda
December 2, 2025 AT 01:24Let’s be real - the real win here isn’t the speed or the fees. It’s the dignity. Most people in developing economies don’t have access to banking that doesn’t treat them like criminals. AjuBit doesn’t ask for 12 forms of ID or freeze your account because you sent crypto from a wallet named ‘Satoshi_2024’. They just process it.
I’m not saying it’s perfect. No knowledge base? Annoying. No app? Fine. But the fact that it exists at all - that someone built something this simple, this focused, for people who’ve been ignored by the financial system - that’s rare.
And yes, I’ve sent over $15k through it. No issues. No delays. No ‘we’re reviewing your transaction for compliance’ for 72 hours.
It’s not sexy. But sometimes, the most revolutionary thing isn’t a new coin. It’s just letting people get paid without begging for permission.