After Verification: Bitbuy Is A Canadian Cryptocurrency Trading Platform Established In 2016. The Company Currently Has No Effective Supervision.
You Should Know That A Regulatory License Does Not Necessarily Guarantee The Reliability Of A Broker, But A Broker Without Any Regulatory License Must Not Be Reliable. Therefore, When Choosing A Broker, Remind Everyone To Pay Attention To The Risks And Choose Carefully.
According To The Company's Official Website:
Bitbuy Is A Canadian Cryptocurrency Exchange That Allows Users To Buy, Sell And Trade Various Cryptocurrencies. It Is Known For Its User-friendly Platform And Transparent Fee Structure.
Bitbuy Offers A Range Of Services, Including A Trading Platform Suitable For Beginners And Advanced Users, And Is Regulated By The Canadian Financial Regulator, Providing Users With Additional Security And Trust.
Mainly Provides Buying And Selling Services Of Bitcoin (BTC), Ethereum (ETH) And Other Cryptocurrencies.
The Company Claims To Be Regulated By The Relevant Authorities, But No Regulatory Information Of This Company Has Been Found After Verification.
Products And Services
Cryptocurrency Trading: Support Trading Of 45 Cryptocurrencies.
Trading Methods: Users Can Buy And Sell Cryptocurrencies Through The Platform.
Account
Account Funding Requirements: Bitbuy Does Not Offer Margin Or Leverage Trading, So Users Need To Pre-deposit Funds In The Account To Complete Any Trades.
Spreads And Fees
Spread Fees: Bitbuy Uses Spreads To Generate Trading Quotes, Which Eliminates Trading Fees. Spread Fees Range From 0.5% To 1.85%, And In Extreme Market Conditions, Spreads Can Be As High As 3.85%.
Leverage
Leverage: Bitbuy Does Not Offer Leverage Trading, So Users Need To Pre-deposit Funds In The Account To Make Trades.