Bitbuy Review 5 Things to Know Before Using this Canadian Exchange

I’ve been using bitbuy since 2013 before crypto was as popular. Bitbuy is a great exchange and wallet to fund in Canada. The only wallet/company that reply’s to any funding or user error issue promptly and efficiently. I send and receive etransfers only from bitbuy. I use 4 other wallets to get the smaller/higher Risk tokens and coins.

  1. I emailed Bitbuy describing the problem that I was experiencing.
  2. Excessive holding of funds.It’s literally no different than the BS you deal with banks but a little worse.
  3. Bitbuy is one of the more popular services for buying Bitcoin in Canada.

Hi there – Please know that we do not close Bitbuy accounts without a reason! These matters are considered very carefully and we can assure you that any decision to do so would not be arrived at lightly.

Difficile de voir les profits sur chaque crypto!

I have purchased 10’s of thousands of various crypto and withdrew 1000’s just as quickly. Keep up the good work Bitbuy.ca I recommend it 100 percent. I’ve been using this exchange for about a year and it works fine.

Unable to do PRO TRADE for 9 days

Bitbuy’s security providers are ISO, SOC and FIPS compliant and require all users to set up 2-factor authentication (2FA) before being allowed to execute trades.Insurance. Bitbuy exceeds its cold-storage self-mandate of having 95% of all digital assets secured in cold storage. The exchange also has a comprehensive insurance policy bitbuy review run through digital asset security company BitGo. Bitbuy is one of the most popular crypto exchanges in Canada, so I tested the platform to find out why. Not only does this platform stand out for its clean, user-friendly design, but it offers several easy ways to fund your account with fiat, and some of them are free.

I felt very comfortable with the account manager dealing with my transaction. He pointed out all the red flags that were being presented and subsequently saved me from making a huge mistake. I placed two reviews about Bitbuy already, and for fun I just keep coming back here to see more 1 star reviews and I’m smiling.

Once had to deal with customer service for an issue and it was resolved quickly. I like how they have Google authenticator as an option for 2 step verification. My only complaint is that the fees are quite high. Finder.com is an independent comparison platform and information service that aims to provide you with the tools you need to make better decisions.

Bitbuy vs d’autres plateformes

It happened 2 times from today April 13 to freeze completely for 2-5 minutes. I learned that if you schedule your trade you pay only 0.5% fee instead of 1.5% not using Express. I don’t like to log continuously but that can be fixed. It can be frustrating for some if the initial requirement isn’t completed. Don’t forget to save your keys when you’re starting to make money.

took a while but the problem was solved…

Bitbuy does indeed offer a wallet service, which will enable you to store cryptocurrencies. There are a few features that make Bitbuy stand out, such as the insurance, Bitbuy express, Pro, and customer support level. The exchange is specifically tailored towards Canadian users. Their website won’t even load unless accessed from a Canadian IP address.

Hi Karim, I’m happy that Brennan was able to resolve your referral request! Hi Vlad, thank you for sharing your experience! We’re very happy to hear that Jenn was able to turn this around for you.

I feel confident in this trading platform based on my experience. They have stolen my 500$ doge deposit heard from customer service one time and they won’t respond period anymore. If you want people who will just take your money and not respond Carl and Brennan the employees are for you. Bitbuy offers a convenient streamlined service, it concentrates on fulfilling its mission rather than trying to deliver too many services. It makes buying and selling cryptocurrency simple for Canadians, with free insurance as well.

Yes, it is perfectly legal to purchase Bitcoin in most parts of the world. Although most jurisdictions do not treat the virtual token as legal tender, you can still legally buy, sell, trade, and spend Bitcoin. It is generally viewed as a commodity that can be utilized to pay for goods and services.

Get real human support

At Finty we want to help you make informed financial decisions. We do this by providing a free comparison service as well as product reviews from our editorial staff. Before you can even get started trading on Bitbuy, you have to go through the rigorous verification process (which usually involves proof of identification).

They were able to retrieve it and transfer it into my account. Samar was amazing in helping me recover my semi-lost coins due to an error on my part. I had lost hope as my search for answers online assured me my money was lost forever. Reply was prompt and level of service was exceptional! Very impressed with Bitbuy the company and will continue recommending to friends.

Bitbuy Review – A Beginner’s Guide

Bitbuy’s customer service is one of the best in the cryptocurrency industry. The first notable element is a customer support phone line which is usually a scarcity. Adding to this, email support is quick and responsive, replying to queries in under 12 hours, even on a weekend.

Beginners will love Bitbuy while advanced traders may be frustrated by the limited tools and coin selection. Personally, I love it for CAD-crypto trading pairs, but this is a drawback of you’re looking for crypto-crypto swaps. If you’re into popular coins like Bitcoin, Ethereum, and Litecoin, Bitbuy has got you covered but lacks in more obscure altcoin listings. If you plan to make very large trades or want to earn passive income on your digital assets, Bitbuy offers an Over the Counter trading desk and staking options. Excessive holding of funds.It’s literally no different than the BS you deal with banks but a little worse. They frequently hold funds but have no problem accepting them onto the platform.