Unfortunately, Bitbuy doesn’t offer features like staking, crypto cards, or the additional perks you might find on other platforms. For now, Bitbuy’s main focus is providing its users with a top-notch trading experience. Whether you’re just starting your crypto journey or you’re a seasoned investor, Bitbuy offers an easy and reliable platform with both Express and Pro options to suit your needs. We do offer a referral bonus, as well as rewards for our staking feature!

Strong Focus on Security

That includes algorithmic traders, developers, bitbuy canada review institutions, and so on. Now, you should know that not all crypto exchanges support fiat currencies. It means that you have to purchase them on the other platforms first and then transfer your coins to that specific platform that you want to continue using for trading.

How does staking or earn work on Bitbuy?

Wow……bitbuy is egregious with fees and if u r using it it must be out of ignorance. When I first started i used them, just to learn what a poor choice i made. However, if you’re on the hunt for advanced features, like drawing and analysis tools, Bitbuy’s Pro Trade platform could be ideal. However, as most users are unlikely to spend more than CAD 250,000 within 90 days, they will be stuck paying the extremely high 2% base trading fee. Below, we’ve compared the default costs for transacting on Bitbuy with a few popular altcoin trading exchanges such as Binance, Kraken, and NDAX.

• Get low fees & top security at Bitbuy.ca when you buy Bitcoin, Ethereum, Litecoin & more.
• My feedback is based on real-world use—not ads or secondhand reports.
• Everything is backed by intuitive wallet management, portfolio tracking, and seamless Canadian dollar funding and withdrawals.

Open your online banking app and initiate the Interac e-Transfer. The wallet page is designed with large, colorful buttons, making it easy to deposit funds. Simply hit the deposit button and follow the easy steps to make your deposit.

Namely, Tether, BNB and TRON, which are in the top 20 cryptos by market cap. In total, 14 of the top 20 cryptos are available on Bitbuy. HelloSafe.ca offers site visitors information on insurance and personal finance products in compliance with applicable laws. Our guides, comparison tools and calculators are available free of charge. The content contained on the HelloSafe.ca website is for information purposes and does not replace that of professional advisors. Although continually updated, the information here may differ from what appears on the providers’ sites.

Your reviews

As a Canadian cryptocurrency exchange founded in 2016, Bitbuy is tailored specifically for Canadians, offering both a beginner-friendly platform and advanced tools for experienced investors. With over seven years of experience in crypto trading, testing more than 50 exchanges, and running a popular crypto Reddit community for Canadians, I wanted to see how Bitbuy stacks up in 2025. Bitbuy supports buying and selling 24 cryptocurrency assets on the exchange. However, the Pro Trade platform offers six additional trading pairs denominated in CAD and BTC, The tradable digital currencies include Bitcoin, Bitcoin Cash, Ethereum, Litecoin, and 20 others. Bitbuy is designed for novice and advanced traders, with products and services for everyone.

Finder Score for crypto exchanges

If you’re making a big trade, you’ll receive personalized service with an account manager and a custom trading fee quote. The minimum investment required to use the OTC Desk is $25,000, making it ideal for those looking to execute large-scale trades. They do not follow their stated timeline for staking and unstaking.

Finalement le probléme a été réglé…je vous dis simplement merci!

If you’re looking for a secure and reputable Canadian exchange, Bitbuy is a solid choice. For more information and to claim your free $50, visit their official website. NDAX is also a good option which offers crypto staking for five cryptocurrencies. The fees will be clearly displayed during the process, so you’ll know exactly what you’re paying.

These rates are based on your trading over the last three months. The exchange’s core mission is to offer its fellow Canadians an easy, reliable, and safe avenue to Bitcoin and other cryptocurrencies, effectively demystifying the crypto trading process. As we embark on this review, we’ll delve into the features and offerings that have made Bitbuy a trusted choice for over 250,000 Canadian investors.

• Bitbuy chooses a fixed, transparent fee structure, which I consider straightforward compared to peers that rely on floating spreads or opaque markups.
• Happy users often praise Bitbuy’s customer support and its user-friendly interface, making it easy for both beginners and experienced traders to navigate.
• It works the same as paying for services using debit or credit cards, or via bank transfer.
• Steer clear of any company that will take your money but not your phone call.
• Cryptocurrency exchange platforms like Bitbuy make the process faster and far more efficient.

The purpose of this financial profile is to assess your “suitability” for investing in crypto. Qualified accredited investors get access to higher limits. Since Bitbuy is a regulated crypto exchange, it must comply with all regulations. Proving your identity documents including proof of address is a requirement by FINTRAC. The verification process can take up to two days to complete, but for us it took just one hour to get my documents verified. What a scam this platform is, its like hotel california, you can come but never leave.

Users can sometimes work around this by using a VPN connected to a Canadian service, but this is not always a definite solution. On top of Bitbuy’s policy with BitGo (which includes crime coverage), the company has partnered with Coincover to 100% protect any operational funds stored in hot wallets. Additionally, all fiat funds managed by Bitbuy are secured by custodians with a Financial Insurence Bond, adding further protection.

Exhorbitant fees and rejected withdrawals

Steve has been writing for the financial markets for the past 7 years and during that time has developed a growing passion for cryptocurrencies. In summary, Bitbuy is a great exchange for Canadian users who are looking for the easiest way to get their hands on some cryptocurrency. Firstly, while Bitbuy supports most of the top cryptocoins, there are still a number of coins that we would have liked to see on their platform.