# Bitnet > If crypto - then Bitnet! Bitnet is a licensed cryptocurrency exchange in Georgia. It lets users buy, sell, and convert digital assets against Georgian Lari and other fiat currencies. Bitnet is a licensed cryptocurrency exchange based in Georgia that enables users to buy, sell, and convert digital assets against local and foreign fiat currencies. It serves residents of Georgia and citizens of select countries, providing access to popular cryptocurrencies paired with Georgian Lari. The platform addresses the need for regulated crypto-to-fiat conversion within the Georgian market. As a licensed exchange, it operates under local regulatory requirements and offers fiat on-ramp and off-ramp services for users seeking compliant access to digital assets. Bitnet is available through a web interface and a mobile app for iOS and Android. It also maintains a physical branch in Tbilisi for in-person transactions. The platform is used by retail users in Georgia looking to trade or convert cryptocurrency with fiat currency support. - Type: Company - Sector: Finance - Status: Active - Founded: 2023-02-01 - Profile: https://thegrid.id/profiles/bitnet ## Products - [Bitnet](https://thegrid.id/profiles/bitnet): Bitnet is a centralized cryptocurrency exchange that enables users to buy, sell, and convert digital assets against fiat currencies. Users fund accounts via bank transfers or in-person cash deposits and trade through web and mobile interfaces. The platform provides custodial wallets with deposit and withdrawal support in local and foreign currencies. (Centralised Exchange, Live) ## Assets - [B-Lari (B-LARI)](https://thegrid.id/profiles/bitnet): B-Lari is a GEL-pegged platform token issued by Bitnet, a cryptocurrency exchange licensed by the National Bank of Georgia. It is used as a Georgian Lari-denominated balance unit on the Bitnet platform for buying, selling, and converting cryptocurrencies. It represents users' GEL holdings within the Bitnet exchange environment. (Stablecoin) - [B-Dollar (B-DOLLAR)](https://thegrid.id/profiles/bitnet): B-Dollar is a USD-pegged platform token issued by Bitnet, a cryptocurrency exchange licensed by the National Bank of Georgia. It is used as a US Dollar-denominated balance unit on the Bitnet platform for buying, selling, and converting cryptocurrencies. It represents users' USD holdings within the Bitnet exchange environment. (Stablecoin) ## Links - [Main](https://bitnet.ge) - [Blog](https://bitnet.ge/blog) - [Documentation](https://support.bitnet.ge/hc/en-us) - [Terms of Service](https://bitnet.ge/legal/terms-and-conditions) - [Privacy policy](https://bitnet.ge/legal/privacy-policy) - [Instagram](https://www.instagram.com/bitnet.ge) - [YouTube](https://www.youtube.com/@Bitnet-) - [Telegram](https://t.me/bitnetchat) - [Facebook](https://www.facebook.com/Bitnet.ge1) - [LinkedIn](https://www.linkedin.com/company/bitnet-exchange) ## Legal This data is provided under two licensing models. Model 1 - open data. The open data core is licensed under the Open Database License (ODbL) — a copyleft/share-alike license allowing free use, modification, and sharing for any purpose. Attribution is required: include "Powered by The Grid" linking to https://thegrid.id wherever the data is used. Derivative databases must be shared under ODbL terms. 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