Bitbuy

Connecting you with Bitbuy...

Why Bitbuy?

Bitbuy insures its digital coins using 1:1 insurance with Knox Custody. Customers can use the price calculator on the platform to see how much a transaction could cost.

Getting Started

Opening a Bitbuy account requires you to enter your email and password. Maker and taker fees on the express trade Bitbuy platform (the regular platform) are 0.5%. If you use Bitbuy Pro, the maker fees reduce to 0.10%, while taker fees are 0.20%.

Deposits

Interac e-Transfer attracts a deposit/withdrawal fee of 1.50%, while bank wires attract a fee of 0.50%. Investors can make deposits into their Bitbuy account using Interac e-Transfers and bank wires. Bitbuy offers Over-The-Counter (OTC) for customers trading more than $50,000. Bitbuy is a registered Money Service Business.

We recommend Bitbuy because...

Pros & Cons

  • Wire transfers offer high transaction limits
  • 24/7 customer support
  • Fast verification for Canadian traders
  • No minimum deposits
  • CAD is the only fiat currency
  • No demo accounts for traders

FAQs about Bitbuy

What is Bitbuy?

Since 2016, Bitbuy has provided a platform for trading Bitcoin and cryptocurrency. With a simple interface and advanced interface, new or professional traders can easily access Bitcoin and other cryptocurrencies.

Why should I use Bitbuy?

There are lots of reasons why you should use Bitbuy. Some examples include:

  1. Access to 19 cryptocurrencies.
  2. Access to their fast transaction times with no hidden fees and low trading fees.
  3. Access to their available accounts such as Express Trade, Pro Trade, Bitbuy Private Wealth (OTC), Bitbuy Corporate and API which you can access on the website or their mobile app.
  4. Access to their Affiliate Program which you can earn $200 per referred depositor.
  5. Access to their referral program where you can give $40 and receive $40 in return.

How much does Bitbuy cost?

Bitbuy has complete transparency with its fees which include no hidden fees and low trading fees. Their trading fees have a rate of 0.10% on all markets while other Bitbuy products have 0.10% maker fees and 0.20% taker fees on all markets.

How do I get started with Bitbuy?

To get started on Bitbuy, all you need to do is go on their website and click the 'Get Started' button. Make sure you have ways to verify your email address, phone number and identity. After your identity is confirmed, you will be able to put funds through Interac Transfer or Bank Wire into your account. Once all of that is done, you just need to select your preferred digital currency to buy.

Is Bitbuy safe?

Bitbuy is the only cryptocurrency platform listed on Coinmarketcap, transparent data, real order book and market depth for limit orders. They prioritise security and transparency by using two-factor authentication ensuring that 99% of cryptocurrency is kept safe in their cold storage along with an insurance policy by BitGo.

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