Moreover, you’ll be able to fund, buy, sell and withdraw cryptocurrencies very fast and securely. Also, you get all the needed features that allow you to track the currency market prices, your orders, view history, and so much more. That said if you decide to use the platform after reading this Bitbuy review, make sure to also get the mobile version as well. It was created for reliable partners to be able to connect to Bitbuy’s 10+ markets that offer a variety of CAD-to-crypto and crypto-to-crypto pairs.
Verification can help ensure real people are writing the reviews you read on Trustpilot. Have an account, but the space has no customer service, cant even withdraw my sell. Bitbuy asking intrusive questions and requesting screenshots of my own coldwallet withdrawals. These questions arouse after withdrawing crypto from their exchange to my coldwallet. No other Canadian exchange that I’ve used (newton, kraken etc.) have asked for such personal information after a withdrawal. Take your learning experience to the next level and speak directly with one of our thought leaders.
Couverture cryptographique gratuite directement dans votre boîte de réception
Finder compares a wide range of products, providers and services but we don’t provide information on all available products, providers or services. Please appreciate that there may be other options available to you than the products, providers or services covered by our service. Bitbuy provides insurance for digital assets held in its cold storage, offering coverage against certain theft events. Bitbuy also regularly publishes proof-of-reserve reports through independent third-party audits, demonstrating that client assets are adequately backed and held securely. Bitbuy’s focus on spot trading makes it straightforward and accessible for users prioritizing simple buy-and-hold or periodic trading.
Company
To make comparing even easier we came up with the Finder Score. Supported coins, account fees and features across 28 cryptocurrency trading platforms are all weighted and scaled to produce a score out of 10. The transaction was expected to close in the second half of 2025.
I had no problems when it was coin berry but now.DO NOT use this company. Yes, you can send Bitcoin from your Bitbuy account to another wallet. The platform enables transfers of cryptocurrency to external wallets. Bitbuy places a premium on user protection, grounding its services in strict adherence to regulatory requirements, strong insurance measures, and steadfast cold storage protocols.
- This is particularly relevant in the fallout from the QuadrigaCX collapse.
- Any claims, statistics, or general information should be verified with the respective providers.
- Please note that for security reasons, certain areas outside of Canada are blocked from accessing the Bitbuy platform.
- After being few years in crypto I can tell with certainty the Bitbuy is the worst crypto exchange!
- While we like to do thorough reviews, it’s sometimes hard to get a full picture of an exchange or service without having used it for an extended period of time.
Markets
So, all in all, a nifty piece of technology which could help Bitbuy secure the lucrative high skilled trader niche. Of course, in order to supplement the technical analysis you are going to need more order functionality. Thankfully, this platform has the option to place limit as well as market orders. We checked the spreads on the rate that we were getting from Bitbuy and the live market bitbuy review rate. There was not really any discrepancy which means that Bitbuy was indeed being honest in their pricing of the coins. If you would like to convert your personal account into a business account, you will be requested additional information.
- For over the last months I have not been able to make any withdrawals of any coins.
- Bitbuy is a Canadian cryptocurrency exchange platform that was founded by Adam Goldman in Toronto, Canada, back in 2013.
- We advocate for you to do your own research and make educated financial decisions.
- Choose your preferred fiat base currency (CAD or USD) during setup and enable 2FA for enhanced account security.
- While wire transfer deposits can take between 1 to 5 business days to reach Bitbuy, Interac e-Transfers complete near-instantly.
Features
Wow……bitbuy is egregious with fees and if u r using it it must be out of ignorance. When I first started i used them, just to learn what a poor choice i made. I have googled Bitbuy and read favorable reviews, however my experience with them has been horrible. Yes, you can withdraw Bitcoin from Bitbuy to your personal wallet or another address. This is part of the platform’s services to facilitate cryptocurrency transactions. Bitbuy offers staking services, allowing traders to expand their cryptocurrency investments and bypassing the intricacies of configuring individual nodes.
Express trade
Bitbuy’s history begins in 2013 when it was founded by Adam Goldman in Toronto, originally under the name InstaBT. The company quickly recognized the growing demand among Canadians for a straightforward and secure way to access cryptocurrencies. It offers many of the same features as the full desktop version.
Both Lite and advanced options are integrated for user flexibility. Finder CA is an information service that allows you to compare different products and providers. We do not recommend specific products or providers, however may receive a commission from the providers we promote and feature.
However, since the platform is created specifically for Canadians, it supports Canadian dollars only. Based on a variety of Bitbuy reviews, this shouldn’t cause any issues. Talking about decentralized cryptocurrency exchanges, there’s no third-party involvement and you have full autonomy over your wallet. Bitbuy is considered to be one of the most popular and reliable crypto exchange platforms in Canada.
However, with a high enough trading volume, users can reduce trading fees on Bitbuy to 0% (maker) and 0.1% (taker). Unfortunately, credit/debit card payments are unsupported, although crypto can be deposited to Bitbuy. For anyone considering this exchange, comparing it with other platforms is key to finding the right fit. Our comparative Bitbuy review articles dive deep into features, fees, and user experience to help you see exactly where they stand among today’s top exchanges. There is no monthly fee for account maintenance or platform access. You only pay trading fees, withdrawal fees, and payment-specific charges when conducting transactions.