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Bitbuy Review

5

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Followers 1

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Average

Revainrating 3.5 out of 5  
Rating 
3.4
Crypto Exchanges

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Description of Bitbuy

Launched in 2016, Bitbuy is a cryptocurrency exchange based in Toronto, Canada. Bitbuy supports Canadian dollar fiat deposits, withdrawals, and trading.

Reviews

Global ratings 5
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Type of review

Revainrating 3 out of 5

The best trading platform for Canadians.

Writing a short review, I will simply feature some essential data about Bitbuy so the individuals who will utilize it have a little thought. Since I can't utilize Bitbuy, I would prefer not to compose anything nitty-gritty without individual experience. Let's get started, who is eligible to use Bitbuy? Bitbuy is a Canadian exchange that has been available since 2016 and giving a snappy, protected, and simple approach to purchase and sell digital currencies, it is a completely regulated…

Pros
  • Reputable for high trading volume.
  • Transparent and low fee model.
  • It supports fiat currency.
  • They provide customer support through direct phone calls.
Cons
  • It cannot be used worldwide.
  • Support limited cryptocurrencies.

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 inves

Pros
  • 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.
Cons
  • 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.

Revainrating 3 out of 5

BitBuy for Canadian traders

Canada has become home alot of good exchange, some of this exchanges provide services to the international market while others are just meant for Canadian traders to use only, hence granting usage access to only Canadian traders. Founded in 2016 and gathering some amazing experience, Bitbuy exchange is a centralised Canadian exchange which provided a secure platform for the trading of cryptocurrencies with Canadian Dollar which is accepted as the only fiat currency. Access to this exchange…

Pros
  • I didn't use this exchange so I can't account for any of the pros
  • But the exchange actually allows for OTC trading
  • The exchange had a good interface
Cons
  • Unfortunately this exchange doesn't offer international services

Revainrating 4 out of 5

A very b good exchange for you

Exchanges faciltate oir easy trading a and transactions in the cryptocurrency space. It is important you make a careful. search and review on the best and perfect platform for you to make tour various transactions. Checking out the security and the various infrastructure is a good measure as most exchange are lacking in this ascpect. The bit buy exchange is one of the best platform or exchange to trade and carryout your various transactions. I see them credible enough with good user interface…

Pros
  • It has a wonderful mobile app, which allows very beast access and use of this exchange.
  • They have a very considerable transaction fee
  • They have a lot of coins and market pairs which allows you navigate around very easily
  • They have a very good community support as well as good users report
Cons
  • I see nothing wrong with the platform

Revainrating 3 out of 5

Bitbuy.

Bitbuy is a canadian exchange platforn, that also aids trading in crypto and other financial assests. Bitbuy exchange has been in existence since 2016. This exchange is believed to be created mainly in favour of the Canadian traders. As non Canadians will find some difficulty in having a smooth running of this exchange. I was unable to use this exchange, this is because, one can't have access to this platform outside of Canada. I have to engage my VPN, before I was to access it. Also, one have

Pros
  • low transaction fews
  • transaction is very fast.
  • easy to use abd understand.
  • The support group of this exchange are very active.
Cons
  • This exchange cannot be used everywhere around the world.
  • Users will have to use VPN, inorder to access it outside its country of origin.