To make comparing even easier we came up with the Finder Score. Supported coins, account fees and features across 28 cryptocurrency trading platforms are all weighted and scaled to produce a score out of 10. The transaction was expected to close in the second half of 2025. Bitbuy continues to operate as a separate crypto trading platform despite the changes in ownership. Bitbuy is a fantastic cryptocurrency exchange for Canadians, particularly beginners. It is so easy to buy and sell crypto with Canadian Dollars using Bitbuy’s Express Trade feature.

The quickest of these is probably through the use of their instant verification option. You can buy Bitcoin, Bitcoin Cash, Litecoin, Ethereum, EOS, Stellar Lumens and Ripple. Bitbuy has recently also completed a proof of reserves and security audit. This is particularly relevant in the fallout from the QuadrigaCX collapse. The primary operation of First Ledger Corporation is the Bitbuy exchange although they do offer other solutions. These include the likes of digital currency merchant solutions as well as blockchain consultation.

Unable to login using proper username…

• Rates are decent and it doesn’t feel scammy like some others I’ve seen.
• If you take your security seriously and are thinking about buying cryptocurrencies, always make sure to also get a secure wallet for your assets.
• Both the mobile app and desktop platform make depositing and purchasing cryptocurrency straightforward.
• This service can be used for crypto-based businesses that want to automate their trading processes.
• 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.

Enter your name, date of birth and occupation, then hit next. If your account does not get verified automatically, you’ll be taken to another page where you must upload documents to have your account verified manually. Signing up to Bitbuy is quite a long process due to their compliance process.

Deposits and withdrawals on Bitbuy

They stole $300 from me and will not refund my money unless I send them $700. Tried logging on from my phone and was asked to ‘validate my device’ and when I tried I received this ‘there was an error validating your device’. I use to love this platform but have zero confidence in this company now. ‍Shiba Inu (SHIB) is the main token of the Shiba Inu ecosystem, aiming to bring the power of a decentralized, community-led currency to millions across the globe. With its roots in the popular meme coin Dogecoin, SHIB gained significant attention in 2021 and has garnered a dedicated community of investors and enthusiasts.

Enhanced Wallet Infrastructure

• The Express platform offers a simple, user-friendly interface, making it easy to buy crypto in just a few minutes.
• For example, Binance is based in Tokyo, Japan, while Bittrex is located in Liechtenstein.
• As you can see in the table below, the only difference is processing.
• They do provide premium support to Private Wealth, OTC, and corporate clients.
• NFTs and other emerging asset classes are also not supported, which is a notable difference from platforms targeting more advanced traders or those interested in digital collectibles.

You can connect directly with your bank account and deposit and withdraw. They have a lot of cryptocurrencies to chose from and a secure platform to keep you safe. After account and user verification steps are complete everything goes well. As with most currency platforms the user has to make informed decisions as to what trades to make in order to stay profitable. In contrast to other popular cryptocurrency exchanges, fees on Bitbuy Pro Trade are the same as its Express Trade platform.

How to create a Bitbuy account (step-by-step)

They offer a simple and effective way for Canadian users to buy and sell cryptocurrencies with their CAD. In the parlance of the cryptocurrency community, Bitbuy is a “fiat gateway” for access to a few of the most popular coins. When it comes to digital cryptocurrency deposit and withdrawal fees, they’re completely free. As you can see in the table below, the only difference is processing. Moreover, you’ll be able to fund, buy, sell and withdraw cryptocurrencies very fast and securely.

How we rate our crypto exchanges and platforms

Makes it extremely difficult to plan moves and ends up costing you a lot of time and money. Apparently they changed the process without any regard for their customers. Definitely bitbuy canada review left a sour taste and actively looking to move assets away from deceitful company wonderfi.

The latter is perhaps your best bet as it makes sure that the user has indeed signed up with you as the referral. If you have been using Bitbuy and you found the experience great then you can easily refer your friends and acquaintances and earn a referral commission. This could also be a great solution for those users who command a strong following online. Something else that we really liked about this platform is the fact that it has “break-out” screens. This means that you can pop out any of the screens from the main interface.

Customer support

Please know that as a heavily regulated MSB with FINTRAC, we’re required to ask for information on the transactions we facilitate on your behalf. This is a requirement we must follow in order to maintain our platform. We’re still working to get back to everyone, and appreciate any extra patience you can spare for us.

These include the likes of Cardano and Polkadot, which have become exceedingly popular in 2021. It was exciting to see that they are planning on adding AAVE and LINK in the near future and hopefully that will be the start of a trend that sees many more coins added in the coming months. As you can see, you can access all of the functionality from this main admin panel. This includes the option to buy / sell and deposit / withdraw. When you buy or sell a coin you are buying at the rate Bitbuy is willing to give you at that particular moment. For this manual verification check, you are required to provide a government issued identity document as well as a picture of yourself holding this document.

While compensation arrangements may affect the order, position or placement of product information, it doesn’t influence our assessment of those products. Please don’t interpret the order in which products appear on our Site as any endorsement or recommendation from us. Finder compares a wide range of products, providers and services but we don’t provide information on all available products, providers or services. Please appreciate that there may be other options available to you than the products, providers or services covered by our service. But if you want to pay in anything other than Canadian dollars, or you’re looking for advanced trading features like margin or options trading, you’ll need to look elsewhere. Customers can reach Bitbuy’s support team via email and through a web-based help center, with support available during Canadian business hours.