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BitBay Review

26

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Followers 1

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Average

Revainrating 3.5 out of 5  
Rating 
3.7
Crypto Exchanges

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Description of BitBay

BitBay is the largest exchange of BTC, LTC, ETH and LSK in Poland. It was opened in November 2014. One of the few exchanges supporting the Polish zloty (PLN). It also provides support for USD and EUR. It attracts users with the absence of mandatory verification. It offers its own debit cards that allow you to pay with cryptocurrencies.

Reviews

Global ratings 26
  • 5
    4
  • 4
    14
  • 3
    7
  • 2
    1
  • 1
    0

Type of review

This cycle is completed by people and people who own this digital currency, as the choice to freeze a specific measure of supreme stores is made, so the stockpile is decreased and the source can't be diminished. Likewise, in the event that you don't really want to cast a ballot, you can decide to cast a ballot by ascertaining the agreement. BitBay (Inlet) is, obviously, a non-public association. It is truly challenging to control a huge load of somebody who has not been traded, so the district…

Pros
  • Practical agreements,.
Cons
  • It is written in a solitary exchange.

Revainrating 4 out of 5

About Bitbay

Bitbay is one of the most popular exchanges in Europe. I prefer this because the fees while trading are lower than other exchanges. The cryptocurrency portfolio is not big enough. Only popular cryptocurrencies are available. If the portfolio was wider, I could use more. The implementation of the 2fa security protocol in the stock market is a situation that gives me confidence. Signing up is also easy. In addition to supporting cryptocurrencies, the exchange also supports standard currencies…

Pros
  • the commission fees are really good compared to others
  • can be used on mobile devices
  • supports some of the standard currencies
Cons
  • the cryptocurrency portfolio is not large enough

Bitbay is an exchange that I came across in the year 2020, but was actually founded in 2014. This exchange came from a polish state. The exchange been based in Polish still support other languages for trading, languages like English etc. The fiat currency in this exchange is very comfortable by me. It support USD and other fiat currencies. During the time I was using the exchange my registration was very easy, and support a two factor authentication to safe guard my account, though registration

Pros
  • Support many fiat
  • Easy to use
  • Trusted
  • Support Major languages
Cons
  • None

Bitbay exchange is still accessible, this exchange has been in existence since 2014 and till date it is easily accessible. Tue exchange trades a very decent amount of crypto currencies. The fee of this exchange is very cheap and low. The trading pairs are impressive and has a very high trading volume , surely a deep liquid. The telegram group is still active, and has about 1.4k members. The support teams are responsible and friendly. The exchange has a mobile app which has made trading…

Pros
  • Customizable trading environment
  • Easy registration
  • The exchange is fast
  • The crypto currencies traded here are huge in number
Cons
  • None

Bitpay is a big name is the cryptosphere. The Poland company started in 2014 as the world's largest Bitcoin payment system for business, it's one of the few companies that was established during that period to promote the use of Bitcoin as an ecumenical payment system for individuals and top business organization all over the world. Bitpay doesn't only offer payment system, they offer services in categories like the digital currency exchange, cryptocurrency wallet and crypto cards used to

Pros
  • Good support team
  • It has its own wallet and card
  • It has supports fiat with several deposit methods
  • You will find it easy to set up an account and trade
Cons
  • It list very few digital assets
  • The Fiats support is not very impressive

This exchanging stage, called Bitbay, is probably going to be the most generally utilized in Europe. Because of the way that there are a few positive properties to one trade, this stage is regularly utilized in Poland since costs are lower than in the remainder of Europe.  Bitbay Trade offers an assortment of prerequisites, where the client chooses the value cost and the aggregate and the solicitation is promptly entered in the solicitation book, speedy trade for basic and quick…

Pros
  • Prizes clients for welcoming their associates to shop with them
  • There is a check card
  • The simplicity of Fiat stores at Eur gbp Pln makes it simple to utilize a trade right away
  • It has a versatile application that can be downloaded and viable with Android and iOS
Cons
  • KYC requires a review
  • It is most ordinarily utilized in Poland
  • Bitpay is a major advance forward for new clients

This trading phase, called Bitbay, is likely to be the most widely used in Europe. Due to the fact that there are several positive properties to one exchange, this stage is often used in Poland because prices are lower than in the rest of Europe. Bitbay Exchange offers a variety of requirements, where the customer selects the price price and the sum and the request is immediately entered in the request book, quick exchange for simple and fast trading, point orders are executed quickly or…

Pros
  • Rewards users for inviting their colleagues to shop with them
  • There is a debit card
  • The ease of Fiat deposits at Eur gbp Pln makes it easy to use an exchange immediately
  • It has a portable app that can be downloaded and compatible with Android and iOS
Cons
  • KYC requires an audit
  • It is most commonly used in Poland
  • Bitpay is a big step forward for new users

This is an European cryptographic money trade that will permit us to trade fiat cash for Bitcoin and ten other advanced monetary standards. The stage offers moment withdrawals and stores, just as admittance to numerous unique trade devices. The principle target that BitPay had was to advance the deal and acquisition of Litecoin. Notwithstanding, all that changed since it evidently has developments in numerous digital forms of money and even fiat monetary standards like the euro, dollar and…

Pros
  • Different cryptographic forms of money and fiat monetary standards accessible.
  • Simple to utilize interface and absolutely quick enlistment.
  • Moment withdrawals and stores.
  • It's anything but a versatile application.
Cons
  • There are very few monetary standards accessible.

Bitbay is Europe based crypto currency exchange and it is the largest exchange in Europe Volume and user database wise. Any one can use Bitbay exchange globally as Bitbay offer its services to every region and it supports more than 20 Coins. One must be KYC verified to deposit and start trading. Bitbay is one of the best exchanges with lot of Fiat deposits available & much more for the comfort is reliability and lot more crosses to trade with Fiat for easy conversions. Bitbay is very…

Pros
  • Easy to use versions for new users and bitpay Pro for advance trader with reliability and interactive trading tools
  • Comfort of Fiat deposits in Eur gbp Pln which makes it easy to use exchange instantly
Cons
  • Bitpay is perhaps too Advance for new users and a better kyc procedure will make it easy to use the exchange

Revainrating 4 out of 5

European exchange of the largest payment processor in Bitcoin

This is a European cryptocurrency exchange that will allow us to exchange fiat currency for Bitcoin and ten other digital currencies. The platform offers instant withdrawals and deposits, as well as access to multiple special exchange tools. The main objective that BitPay had was to promote the sale and purchase of Litecoin. However, all that changed since it apparently has movements in multiple cryptocurrencies and even fiat currencies such as the euro, dollar and Polish zloty. In addition to…

Pros
  • Multiple cryptocurrencies and fiat currencies available.
  • Easy to use interface and totally fast registration.
  • Instant withdrawals and deposits.
  • It has a mobile application.
Cons
  • There are not many currencies available.

Revainrating 4 out of 5

Bitbay Has A Bright Future

Bitbay is a crypto-currency exchange platform (based in Poland) that makes it easy for merchants to perform transactions in a safe and secure platform. It also enables them to trade in popular cryptocurrencies such as Bitcoin, Eth, and Ltc. Since Bitbay is a popular platform the exchange platform boasts of more than 400 thousand active users making an impressive amount of about 1200 transactions per minute. No doubt, a lot of people trust the platform.

Pros
  • Allows ATM withdrawals
  • Very impressive customer support
  • Good security system
Cons
  • Not all cryptocurrencies and tokens are available
  • Some options are only for natives of Poland.

Revainrating 3 out of 5

with more features for poles.

I have not been sharing a review about exchanges for a long time. However, today I will talk about a type of exchange that I have been trying to use and get used to for a few days. First of all, I must say that if there are users who use this exchange in Poland, I think it is much more advantageous than users in other countries. As I mentioned above, this stock exchange is located in the Polish state. Now, I would like to talk about the positive and negative aspects that affected me in the…

Pros
  • has a user-friendly interface.
  • processing speed is high.
  • Our assets are protected at the highest level.
  • We can make transactions with the world famous currencies EUR and USD.
  • Deposits and withdrawals by bank transfer are available.
  • mobile application is being developed.
Cons
  • Downloading the app is a waste of time.
  • KYC is required.
  • Very advantageous only for Poles.
  • There is little currency.
  • The transaction fee is tiring our pocket.
  • customer service does not respond.

Revainrating 4 out of 5

Overview of BitBay exchange

Bitbay is a Polish-based exchange which was launched in 2014, it is used to trade and exchange various cryptocurrencies and assets like Ethereum and Tron, which are my major coins of interested. Trading on Bitbay was quite an experience, I signed up on this exchange several months ago. Registration is a free process, I had to deposit next in order to purchase my desired cryptocurrency. Generally, on Bitbay fees are affordable and cheap. It offers its services in various major languages like…

Pros
  • It rewards users for inviting fellow traders to trade with them
  • It supports fiat currencies like USD, ZLOTY and EUR
  • It employs the use of two factor authentication to secure the platform
  • Fees on this platform are generally affordable
  • It is an international exchange that comes in various major languages like English, Polish and Chinese
  • It is easy to use, coupled with completely free registration processes
  • It supports a range of coins like bitcoin, tron and Ethereum
  • It has its own in-built wallet for storing various tokens and cryptocurrencies in cold storage
  • It has a mobile pro app which is downlaodable and compatible with Android and IOS
Cons
  • The help center is not responsive
  • It doesn't allow for staking of tokens
  • It requires the KYC verification
  • The app requires great expertise and knowledge

Revainrating 4 out of 5

BitBay

BitBay this is an exchange platform with a very good track record this was created approximately more than 5 years ago, this exchange works with very popular currencies in the market that are Bitcon, Litecoin, Ethereum among others this allows it to have a very good amount of Users who check their liquidity on it, another feature is that it works with 3 fiat currencies, in addition there is also access to a card that you can use to make purchases or pay a receipt.

Pros
  • BitBay is a platform where security is a priority
  • Available for android and ios.
  • Fiat currency deposits.
  • Multiple deposits options.
Cons
  • Limited number of tokens.  

Revainrating 4 out of 5

BitBay.

BitBay is an exchange platform which allows users to be able to exchange cryptocurrencies in an easy and secure way, this platform provides excellent support for USD and EUR currencies that users can use. BitBay was launched in 2014 and has had a great development due to extensive updates and optimizations of its platform, important improvements in security have been added as it has security verification and QR codes. One of the characteristics that this platform has is that it supports a large

Pros
  • The fees for the commissions on this various platform maintaining a range of 0.2 to 0.5%.
  • It is an excellent exchange platform that has blockchain technology.
Cons
  • None

Revainrating 3 out of 5

Bitbay

This exchange platform that is called Bitbay is one of the most used in Europe. Since it has several positive characteristics when making a transaction This platform is mostly used in Poland since its rates are lower there than in the rest of Europe. But this does not mean that its popularity and use decrease as it has good liquids and optimal security for users. This platform has its own debit card And it facilitates withdrawals to it in general its interface is easy to use and comfortable…

Pros
  • Has a debit card
Cons
  • Largest used in poland

Revainrating 3 out of 5

BitBay

BitBay is a popular exchange platform among many for having the option to accept 3 types of fiat currencies. in addition to simplifying the withdrawal method since they have their own debit card and can transfer the assets to it. It is a platform with great popularity in Poland since it has relatively low interests in that region, therefore its largest users are in that area, since if we go to the limits of the waves, interest drastically increases for withdrawals and simple operations. In…

Pros
  • one of the best on the European market
  • Easy to use
  • Great attention to its users
Cons
  • high rates outside poland

Revainrating 5 out of 5

opinion bitpay Exchanger

I dislike Bitpay's unwillingness to stand with the customer when I have been double billed for charges made. No response on emails, no information when calling in, and no one knows anything. Finally after 6 months of trying to get the double billings corrected (over $700) Bitpay charged me a non activity fee while I waited to get my funds refunded to my account. After 6 months they said I could not get refunded because too much time had passed. NEVER AGAIN. Run from these people as fast as you…

Pros
  • review bitpay For your crypto
  • I like because fee small crypto
Cons
  • review Bitpay Exchanger
  • I always lose on trading

Revainrating 5 out of 5

Bitbay exchange platform

BitBay is an exchange operated by Pinewood Estonia OÜ with license in Estonia, It used to be registered in Malta, and actually formed in Poland as early as in 2014. As you surely know, the Baltic region consists of three countries: Estonia, Latvia and Lithuania. With this in mind, it might seem odd that out of these three countries, only Estonia is the home of any exchanges.

Pros
  • Crytpocurrency is available for deposit.
  • Download for android.
  • This exchange’s security score is a C.
Cons
  • itBay prohibits US-investors from trading on its exchange.
  • BitBay’s withdrawal fee is 0.0005 BTC per BTC withdrawal.

Revainrating 4 out of 5

BitBay

This is one of the main exchange platforms that only receives and works with 3 types of fiat currency, in addition it also attaches to its services the withdrawal through its own debit card. It has a high tab in some exchanges and the characteristics only affect Poland, which limits its popularity over it, it is also the perfect option within the Polish limits.

Pros
  • handles few coins and is exclusive
Cons
  • None