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