Review on Bitbuy by Danilo Matthew
Review on the credibility of this centralized Canadian Exchange platform, with nice trading view and good trading features.
There are alot of things to look out for when engaging or trading on a particular Exchange. There are over hundreds of different cryptocurrencies Exchange platforms available, and more are still been discovered. This leaves the trader with the task of selecting a good and reliable Exchange that will match his or her trade or investments. Through out my Five years experience on trading on cryptocurrencies, I have traded on different Exchanges from different parts of the world. But before I invest or trade on a particular Exchange, there are alot of things I look out for, so as to see if such Exchange will suit my trade.
My review on this particular Exchange called Bitbuy Exchange.
Bitbuy is another unique Exchange platform that also supports cryptocurrencies trading. This Exchange is a Canadian trading platform, that was released in the year 2016, mainly for the Canadian traders and residents of Canada.
This Exchange cannot be access outside the region of Canada or their neighboring nations. it is a centralized Exchange and the only available option to access this exchange apart from been a Canadian trader or staying in Canada, is via the use of VPN.
Apart from the fact that bitbuy is only accessible in Canada, this exchange only accepts the Canadian dollar as the only Fiat currency.
Having access to this Exchange was a bit difficult for me, until I engage my VPN, since I am not a citizen of Canada. when I finally had access to their website via VPN, I discovered that this exchange has good trading features, the interface of this exchange is very easy and friendly. One can effectively trade on this exchange without much discomfort. Their support team are very active, they respond to complains and problems within minutes, which makes them very reliable.
Although been widely used only in Canada and neighboring nations, the coinmarket Cap has recognized this exchange as a good trading platform.
One of the reasons I think, this exchange is only used in Canada is because they developers of this exchange wants to promote trade in the Canadian soil, and also to improve their currency.
Although so many traders are unable to access and effectively trade on this exchange, due to its lack of global accessiblity, but for users who have encountered and trade on this exchange will testify the greatness of this centralized Canadian Exchange platform
- Although, this exchange only favours the Canadian traders and investors of Canada, but through my visit on the main site if this exchange, I discovered that it has good trading views and features.
- This Exchange has been recognized as a reliable and good Exchange platform by the coinmarket Cap.
- Users, most especially Canadian traders can effectively trade their Crypto currencies with ease on this exchange.
- This Exchange only accepts the Canadian dollar as the only Fiat currency during trading.
- Non Canadian citizens and traders can easily have access or trade on this exchange.
- This Exchange was mainly designed for the Canadian traders or residents of Canada.
