The Bitbuy exchange is best for trading popular cryptocurrencies, starting with as little as $50. It was founded in 2016 and stands out as Canada’s first registered marketplace for crypto assets. So far, over 900k users have traded over $7B+ in crypto on the platform.
Bitbuy Crypto List
Bitbuy offers a wide selection of 46 popular crypto coins and tokens. The top ones include BTC, ETH, ADA, XRP, DOT, DOGE, SHIB, UNI, SOL, MATIC, LINK, XLM, APE, MANA, YFI, CHZ, WLD, and more.
Funding Methods
Bitbuy supports several wallet funding methods, including Interac e-Transfer, bank wire, debit/credit cards, Apple Pay, and crypto deposits.
Trading Interfaces
Bitbuy offers various trading interfaces to accommodate the needs of different investors. They include:
- Express Trade: A simple platform for beginners
- Pro Trade: Offers advanced charting and tools for seasoned traders
- Bitbuy API: Enables Algorithmic traders and other experienced users to automate trading activity.
- Bitbuy Mobile apps: Available for Android and iOS to trade on the go
- Bitbuy Wealth: An OTC desk to fill block trades of $20,000+
Bitbuy Fees
Bitbuy trading fees are fairly competitive in Canada. There are also Bitbuy deposit and withdrawal fees, which vary based on the funding methods you use.
Trading fees
Fees on Bitbuy Express stand at 2%. Bitbuy Pro uses a tiered maker-taker fee schedule where fees range from 0%-2% based on your 90-day trading volume.
Deposit fees: Debit card deposits incur a fee of 1.95%, while credit card and Apple Pay deposits have a 2.95% fee. Interact e-Transfer and bank wire deposits are free.
Withdrawal fees: 1.5% via Interac e-Transfer and wire transfer.
Bitbuy Sign-Up Bonus
Bitbuy offers an attractive welcome bonus if you create an account and fund your wallet with an initial deposit.
Bitbuy Crypto Staking
Bitbuy offers crypto staking of about 9 assets to enable users to earn staking rewards on their favorite coins.
Stakable cryptocurrencies on Bitbuy include DOT, ETH, MATIC, SOL, ADA, NEAR, ATOM, INJ, and TIA. Staking rewards range between 2.25%-11.23%.
Crypto Payments and Corporate Solutions
Bitbuy offers crypto payments and corporate solutions to help businesses add crypto to their balance sheets, including:
- Onboarding and funding
- Trade execution and custody
- Access to OTC trading desk liquidity
- Account management and reporting
- Support from dedicated account managers
So far, 1,500+ businesses in Canada, including, accounting firms, law firms, family trusts, family offices, and others use Bitbuy corporate solutions.
Again, Bitbuy, in partnership with CoinSmart offers crypto payment solutions to help businesses send and accept crypto payments via CoinSmart’s SmartPay.
Is Bitbuy Safe?
Bitbuy is reputed as one of the most secure and trusted crypto platforms in Canada. First, it’s a compliant platform regulated by the Ontario Securities Commission (OSC) and the Canadian Securities Administrators (CSA).
Again, Bitbuy is registered with FINTRAC as a money service business. Plus, 90% of crypto assets on the platform are kept in cold storage and covered by a comprehensive insurance policy.
