Get CAD$20 sign-up bonus
Get a $20 bonus when you open an account and deposit at least CAD$250. T&Cs apply.
|Product Name||Bitbuy Digital Currency Exchange|
|Cryptocurrencies||BTC, BCH, ETH, LTC, XRP, XLM, EOS|
|Deposit Methods||Cryptocurrency,Interac e-Transfer,Wire transfer|
Pro: Maker 0.1%, Taker 0.2%
Interac e-Transfer: 1.5%
Wire transfer: 0.5%
Interac e-Transfer: 1.5%
Wire transfer: 1.5%
Cryptocurrency: Fees vary
Founded in Toronto, Bitbuy is a Canadian owned and operated discount cryptocurrency exchange offering customers immediate access to Bitcoin, Bitcoin Cash, Ether, Litecoin, Ripple, EOS, DAI and Stellar marketplaces. The service offers Canadian traders access to an advanced trading platform known as Pro Trade and an OTC service for trades of $25,000+. In September 2018, Bitbuy also had a redesign of its platform, which offers a single screen interface on both mobile and desktop views — allowing you to buy, sell, withdraw and deposit cryptocurrency all from the same view.
Aside from serving as a cryptocurrency exchange, Bitbuy also has a new wallet solution. In addition, Bitbuy recently added an Express Interac e-Transfer feature, allowing users to fund their account with Canadian dollars in just two hours. This service is available Monday to Friday from 8am until 8pm and is one of the fastest ways to add funds to your account and begin buying cryptocurrency on the global marketplace.
Bitbuy offers two trading interfaces: Express Trade and Pro Trade. While Express Trade was designed for amateur traders looking for a simple and convenient interface, Pro Trade is best suited for more advanced traders who are looking for lower fees, access to charts and market stats, and the ability to make quick trades on the platform.
On both platforms, users can get verified within seconds and begin trading on an advanced trading interface. Features of the Pro Trade platform include lower buying and selling fees, limit and market orders and access to a live order book. You’ll also get access to charts, your order status and trading history, as well as live trading and market statistics.
The Bitbuy app, available for Android and iOS, also has many of these features, letting you easily access the market on the go.
The fees below are accurate as of 20 July 2020.
Here are the fees for Express Trade:
Here are the fees for the advanced trading platform Pro Trade:
Here are the deposit fees for Canadian dollars:
|Wire transfer||0.50% (deposit)|
|Interac e-Transfer||1.50%||$100||$10,000 every 24 hours|
|Deposit method||Funding time||Verification Required?|
|Wire Transfer||1-2 days||Yes|
|Interac e-Transfer||Within 4-6 hours||Yes|
|Express Interac e-Transfer||Within 2 hours||Yes|
First-time purchases will be held for one to three business days for security reasons.
If you are a verified member and have made more than three transactions on Bitbuy, your funds will be available in real time.
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