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Is BitBuy Worth It? | 2022
Start trading in minutes with a free $40* bonus! Interac* can be used to fund your account. When you make your initial deposit of $250 or more, you'll get $40 free.
Is Bitbuy a Legitimate and Secure Platform? Bitbuy.ca is a real company. It is a Money Service Business, according to the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC). It was also the first crypto asset platform to be registered as both a marketplace and an investment dealer just a few months ago.
Some individuals wonder if Bitbuy is superior to Coinbase. When it comes to security, there is no clear winner between Coinbase and Bitbuy. In any case, your money is safe. It should be noted, however, that Coinbase's record of never being hacked is a few years longer than Bitbuy's. Bitbuy servers are protected by cloud providers that are ISO, SOC, and FIPS 140-2 compliant and have numerous disaster recovery locations.
Bitbuy provides reduced transaction costs as well as the option of purchasing Bitcoin in Canadian dollars. Thanks to a new and updated UI on our web app for any quantity of bitcoin, novice traders will love our easy-to-use interface. It's made to make exchanging CAD for Bitcoin as simple as possible.
Bitbuy now supports seven coins, but Shakepay only accepts two. However, other systems, like Coinbase, support considerably more, such as 40+. Bitbuy provides investors and traders with a variety of alternatives. The Pro Trade platform includes technical analysis tools for traders who purchase and sell on a regular basis. Interactive charts with candlesticks and volumes are displayed. You can examine data across selected time periods and use specific indicators. People who want to buy cryptocurrencies and hold them as an asset rather than making daily purchases and trades can use the Express Trade platform. Pro Trade is easier to use and offers more features than Coinbase Pro.