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While there are no digital currency deposit and withdrawal fees, there are mining fees as shown below:. In the case of fiat money, there are fees and limits for the deposit and withdrawal of Canadian Dollars. Additionally, there are minimum and maximum limits, depending upon payment or withdrawal method. Processing times also vary. These can be summarised as follows:. Bitbuy has a dedicated page providing users with Bitbuy supported crypto compatible wallets and a Canadian Dollar wallet.
Here, users may also view a summary of balances held across the respective wallets. Do note that, for each wallet, Bitbuy also provides an approximate Canadian Dollar balance in addition to total crypto balance and available balance. Users are also able to deposit and withdraw Canadian Dollars.
Please refer to the Deposits and Withdrawals section for more details. In addition to the key wallet features, users may also view hour chart movements and bid and ask prices for each individual crypto, as shown below. Do note that, in order to make deposits, you will need to go through the registration process in order to open a Bitbuy account.
See Registration Process for details. You must also be located in Canada and have a Canadian mobile phone number. Investors and traders already holding Bitbuy supported cryptos can make a wallet-to-wallet transfer. Once you have selected the deposit option, copy the wallet address to your external wallet or scan the QR code and complete the transfer.
Your Litecoin deposit will be credited to your Bitbuy wallet after 6 confirmations on the blockchain. In order to avoid making an error in entering the address details, it is recommended that you scan the QR code to transfer from your private wallet to your Bitbuy wallet.
For withdrawals, traders and investors are able to withdraw cryptos by transferring out from your Bitbuy wallet to another compatible wallet. In order to withdraw your crypto, select the wallet from which you wish to withdraw your crypto and click the Withdrawal icon. Ensure that you have entered the correct information. Incorrect information could lead to the permanent loss of your crypto assets. Bitbuy provides multiple interfaces offering investors and traders an effective and simple way to invest and trade in cryptos.
Simply go to the Express Trade page and select the crypto that you wish to buy or sell from the dropdown menu as shown below. Enter the amount that you wish to buy CAD equivalent or sell crypto amount and click the Buy or Sell icon. Do note that there are minimum and maximum amounts in Canadian Dollars per transaction. The maximum shown is per transaction, however, so you are able to make consecutive trades. Bitbuy maintains limits to ensure that users receive the best price when buying and selling through Express Trade.
Alternatively, users can submit Limit Orders on the Pro Trade exchange. Once the account has been funded, users can contact the OTC desk by email. A Bitbuy trader will be in touch on the same day. Express Trade : A simple to use interface for investors and traders, where users can buy or sell Bitbuy supported cryptos.
Pro Trade : A more advanced trading platform supporting the trading of crypto-crypto and Canadian Dollar-crypto pairings. Users have the option to buy and sell by placing market orders or limit orders. History : Provides a full history of all transactions, including deposits, withdrawals, and completed, open, and cancelled trades. Wallets — Balances : Users may view their respective wallet balances on the Wallets page. Affiliate and Referral Programs : Bitbuy users can earn income through the affiliate and referral programs.
Custody : Bitbuy does not rely on third parties for custodial services. Bitbuy hot, warm, and cold wallets are segregated away from the core network, designed to protect Bitbuy and its customers. Bitbuy has also has a insured Bitcoin platform. Users can store their Bitcoin holdings in an offline vault, protected by value matched insurance.
This ensures that user intellectual property is safe from prying eyes. Secure Network : Bitbuy servers are secured across multiple leading cloud providers and disaster recovery locations. Third-Party Auditors : Bitbuy conducts audits across all departments using trusted third-party auditors. There are quarterly financial audits and monthly security audits.
Additionally, Bitbuy performs daily and weekly suspicious activity reviews and transaction reporting audits. Bitbuy provides support via email. Additionally, there is a comprehensive support page and FAQ section to assist in navigating the platform and addressing general queries. Facebook : facebook. LinkedIn : linkedin. Twitter : twitter. YouTube : There is also a Bitbuy YouTube page providing viewers and subscribers with detailed educational videos and more.
After your phone number has been confirmed and your Bitbuy account has been verified, you can switch your two-factor authentication method to Google Authenticator. If you need assistance signing up, depositing funds in your account, or using our platform, please feel free to get in touch. We guarantee prompt, friendly service from one of our dedicated customer service team members. With a more than a 7-year track record, Bitbuy is a seasoned cryptocurrency exchange. Delivering a user-friendly cryptocurrency exchange, Bitbuy caters to both novice and experienced traders and investors.
Bitbuy also supports Canadian Dollar funding and Canadian Dollar-crypto trading. This removes many of the obstacles that investors and traders face across the market. For investors who pre-own Bitbuy supported cryptos, Bitbuy users may also deposit and sell cryptos on the Bitbuy exchange.
The combination of pairings available, the option to deposit and withdraw Canadian Dollars, and a strong local presence, all make Bitbuy an attractive option in the Canadian crypto market. Bitbuy Review Advertising Disclosure Advertising Disclosure. This page may not include all available products, all companies or all services.
Add Your User Review. Open Account. Bitbuy Review. Bob Mason. Simple to use platform catering to both novice and experienced traders. No minimum deposits of cryptos. Also supports the deposit and withdrawal of Canadian Dollars. Bitbuy supports instant CAD etransfers. Multiple platforms and order types on offer for crypto investors and traders. Generous referral and affiliates program.
Traditional trading features. These include charts, with the required tools to carry out technical analysis. Users have multiple 2FA options to accommodate for individual preferences. Bitcoin holdings are fully insured. Same day customer support response. Customer Support : Users may contact customer support by email or by raising a support ticket. Responses are given sameday. Fiat Integration : Users may deposit and withdraw supported cryptos and Canadian Dollars.
Instant verification : Opening a Bitbuy account takes minutes and registration is a particularly simple process. Low Fees : Fees are competitively low: Low Latency Machine Engine: Bitbuy places a high emphasis on platform performance, ensuring speed of execution to minimize slippage. Other positives include Third-Party Auditors : Bitbuy routinely conducts audits across all departments using trusted third parties.
Additionally, Bitbuy conducts quarterly financial audits, monthly security audits, as well as performing transaction reporting audits under the requirements of the PCMLTFA. Conditions do apply, please view the referrals link here for more details. Upon approval, affiliates will gain access to a personal dashboard, tracking software, and Bitbuy promotional assets. Affiliates can promote Bitbuy through embedded links in reviews, content, banner ads, YouTube videos, and more, etc.
There is a generous payouts model that incentivizes long-term loyalty, comprehensive reporting, and scheduled monthly payouts. Preferred Affiliate Qualifications include : Experience in working with affiliate programs in the past. Cons Bitbuy is currently only available in Canada and users must have a Canadian mobile phone number to register. Only 7 cryptocurrencies are supported on the Bitbuy platform.
Bitbuy does offer the largest number of Canadian Dollar — Crypto trade pairings, however, and also supports amongst the largest cryptos by market cap. Additionally, Bitbuy will soon be supporting more of the major cryptocurrencies. In event that your account does not pass the automated verification process, you will need to provide the following 4 documents: Financial Statement Credit Card or bank statement or loan account statement. Utility Bill. Selfie with your ID. Upon completion of the verification process, you are ready to start trading.
Post Registration Deposit At this stage, you will now need to make a deposit to begin trading and investing. You are then prompted to select your payment method. Supported Cryptocurrencies Bitbuy gives investors and traders access to the most popular cryptos in the market place. The Details Bitbuy supports the investing and trading of cryptos. Charts The Bitbuy platform provides investors and traders with charts, which include candlesticks and volumes.
History Bitbuy provides users with all the necessary tools in order to track existing transactions and trades as well as review historical activity. Transactions Users may view transaction histories by deposits, withdrawals, and referrals. Crypto Transactions Users may also view crypto transaction histories. Accounts On the accounts page, users may view their individual account balances for Canadian Dollars and each individual crypto balance.
Wallets In addition to the Accounts page, users may also view balances on the Wallets page. Users may also view trade histories and more on the Pro Trade page. Fees and Charges Bitbuy provides users with a transparent fee schedule. There are no hidden fees embedded within coin prices. Trading Fees Trading fees are summarized below:. Deposit and Withdrawal Fees For Deposits and withdrawals of Bitbuy supported cryptos, there are no fees in order to fund Bitbuy supported crypto wallets Additionally, there are no minimum or maximum limitations.
Bitbuy Wallets Bitbuy has a dedicated page providing users with Bitbuy supported crypto compatible wallets and a Canadian Dollar wallet. Users can easily transfer cryptos between their external wallets and their Bitbuy wallets.
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The information on this site does not modify any insurance policy terms in any way. Bitcoin gets all the headlines when people talk about cryptocurrencies, but there are literally thousands of other options when it comes to these digital currencies. While Bitcoin may have been the first major cryptocurrency to hit the market — it debuted in — many others have become highly popular, even if not quite as large as the original. Here are the largest cryptocurrencies by the total dollar value of the coins in existence, that is, the market capitalization, or market cap.
Data is from CoinMarketCap. As the harbinger of the cryptocurrency era, Bitcoin is still the coin people generally reference when they talk about digital currency. The system allows you to use ether the currency to perform a number of functions, but the smart contract aspect of Ethereum helps make it a popular currency. Tether often acts as a medium when traders move from one cryptocurrency to another. Rather than move back to dollars, they use Tether.
Binance Coin is the cryptocurrency issued by Binance , among the largest crypto exchanges in the world. While originally created as a token to pay for discounted trades, Binance Coin can now be used for payments as well as purchasing various goods and services. Like Tether, USD Coin is a stablecoin pegged to the dollar, meaning that its value should not fluctuate.
Established in , Bitbuy is Canada's most secure and trusted platform for BTC, ETH and other Cryptocurrencies. Serving ,+ Canadians with over $4. Compare current prices and market changes on Canada's fastest, safest and easiest cryptocurrency trading platform. ; 1. BTC, $54,, % ; 2. BCH, $ Bybit is one of the fastest growing cryptocurrency exchanges, with more than 2 million registered users. You can buy and sell crypto instantly, or trade.