If you use Express Trade for its one-click functionality, you pay 0.50% for buy and sell orders. You've already flagged this Reply from Bitbuy. Click here to visit Bitbuy’s fee … Get verified in minutes. Expedited bank transfers and Express Interac e-transfers are the most expensive, charged at 3.00% and 3.50%, respectively. Why Is My Cryptocurrency Withdrawal Pending? For traders that want to try something new, we recommend visiting Newton, a promising new Canadian crypto exchange. Canadian Bitcoins accepts users and payments from 1 countries. Interac e-transfer and Bank Wire. The exchange supports 20 trading pairs. Competitive rates Fund your account with Canadian dollars Quick CAD withdrawals Express Interac e-Transfer two-hour funding Choose from several payment options High deposit limits through bank wire Pre-purchase transaction pricing calculator Cons. Share. The fees are what hurt Bitbuy. Bitbuy Exchange Pros. FINTRAC registered. Fund (No Fees) Fund your account with a cryptocurrency deposit, Interac e-Transfer, online bill payment or bank wire transfer. Deposit and Withdrawal Fees. We found the fee charged by this exchange to be very reasonable and in par with the services they offer. We’ve made it extra easy for Canadians to buy bitcoin and other cryptocurrencies. Here’s how Netcoins fees match up with other popular Canadian exchanges. User-friendly. Maker fees are charged at 0.16%, while taker fees are 0.26%. Basic & Advanced Trading Trade quickly and easily on Bitbuy Express, or use the professional tools on the all new Bitbuy Pro. Free cash withdrawals. Cryptocurrency withdrawals may incur a small network transaction fee. Smoother Interac e-Transfer Funding. Trading Pairs: Bitbuy “Express-Trade” supports 7 trading pairs while Bitbuy “Pro-Trade” supports 13 trading pairs. Get Started. Lower Fees . Buying Limits . Using Interac has a 1.5% fee and Bank Wire is 0.5% but the minimum deposit is $20,000. Coinbase allows buying and selling Bitcoin with 5 forms of payment. Withdrawal fees are similar to deposit fees. For Deposits and withdrawals of Bitbuy supported cryptos, there are no fees in order to fund Bitbuy supported crypto wallets. Bitbuy Fees. When it's all added up, the fees are quite average. Go to coinbase.com; Products . CAD Withdrawal Fees We do not charge any crypto deposit fees. There is a spread, trading fees, and a 1.50% e-transfer fee which applies for deposits and withdrawals. Fund and withdraw CAD with Interac e-Transfer or bank wire. Low fees: For the Express Trade platform that everyone has access to, there is a 0.50% fee for buying and selling all available cryptocurrencies. It’s no surprise that these platforms have the highest spreads considering their fee models, which is to say they make up for the loss in revenue with no deposit or withdrawal fees in their spread. Canada's most trusted cryptocurrency exchange. 81 talking about this. Visit Coinbase . It charges neither deposit nor cash withdrawal fees. Bitbuy is a digital currency platform based in Canada and founded in 2016. Only offers BTC, BCH, ETH, LTC, XLM, EOS, DAI, and … Now, talking about withdrawal fees, you can find all of them here: Bitcoin (BTC) - 0.001 BTC; Stellar Lumens (XLM) - 26XLM; Bitcoin Cash (BCH) - 0.01 BCH; Ethereum (ETH) - 0.02 ETH; Litecoin (LTC) - 0.05 LTC; EOS (EOS) - 0.03 EOS; Ripple (XRP) - 25 XRP; As you can see, Bitbuy’s fees depend on which deposit method you choose. Bitbuy Canadian Cryptocurrency Exchange Review Making Crypto Simple Canadian crypto enthusiasts can enjoy a decent choice of both local and international cryptocurrency exchanges. Advanced trading interface: BitBuy’s Pro Trade platform is geared more towards intermediate and expert traders. Create an Account. The Pro Trade platform has a 0.10% maker fee and a 0.20% taker fee. Supported fiat CAD Payment methods. Bitbuy does not charge for cryptocurrency deposits or withdrawals. Deposits and withdrawals using CAD fiat have fees as follows: INDUSTRY LEADING SECURITY: 95% cold storage policy and 2FA enabled on all transactions. If routing will be necessary to complete your transaction (*), you may pay some fees (usually up to a few satoshis). Buy bitcoin and more, easily. Even when you factor the deposit and withdrawal fees into the equation, Bitbuy offers rather competitive trading fees, especially when you consider that it’s a user-friendly platform that most people will be able to figure out rather quickly. There are no fees for all crypto deposits, and no minimums. Transaction fees. Fees. While Bitbuy’s fees appear to be higher than some other platforms, as previously mentioned, I like that the costs are stated up-front rather than being hidden. Buy Bitcoin . … Withdrawal fees a bit high; Bitbuy is owned and operated by Toronto’s very own First Ledger Corporation, a group dedicated to providing not only a retail exchange platform, but also an OTC desk for larger traders and a merchant solution for local Canadian businesses. Express Trade charges a higher fee at 0.5%, but it compensates for this by providing one of the simplest methods to buy and sell cryptocurrencies in a quick manner. How do I send/withdraw cryptocurrency from my Bitbuy account? It’s different than many exchanges in that it directly supports and services Canadian customers who need to buy, sell, withdraw, and deposit funds denominated in Canadian dollars. Bitbuy has 8 coins in total and a Pro Trade and Express Trade section which caters to more types of investors. Bitbuy fees depend on the type of trade with the option of Express or Pro Trade for customers alongside an over-the-counter desk for buys above C$20,000. For funding, fees range from 0.5% - 3.5% depending on how you choose to fund your account. The trading fees are competitive when you use the “Pro Trade” platform and cost 0.10% when you place limit trades and 0.20% when you place a market order. Bitbuy’s trading fees, 0.5% on sales and 0.75% on purchases, are fairly high in comparison to other Canadian exchanges. Easy. Fees are high I think the fees are high compared to other crypto exchanges. Withdrawal Fees: Interac e-Transfer: 1.5% Wire transfer: 1.5% Cryptocurrency: Fees vary Pros. If you establish a direct connection to the NiceHash Lightning Network node, you will not pay any fees for Bitcoin (BTC) transactions! Netcoins fees. Download the app on IOS or Android, or join today at bitbuy.ca Ease of Use. Fiat fees are 1.5% for e-Transfer deposit and withdrawals, and 0.5% for deposits or 1.5% for withdrawals with a bank wire. Is Bitbuy Right For You? Deposit and Withdrawal methods: The Canadian exchange has two methods of depositing CAD. Visit Canadian Bitcoins. See the fees associated with Coinbase.com. Recently audited for proof of reserves and security by a 3rd party blockchain security firm. Thanks for the feedback. All Around. CA. Crypto withdrawals have minimums and charge set mining fees regardless of transaction size. Infact, Bitbuy charges the cheapest fees when compared to all the other exchanges in Canada. Different platforms typically offer different trading options, support different cryptocurrencies, and differ in their trading, deposit, and withdrawal fees. If your payment is for less than €5, your funds will not be returned. Or you can use the Pro trade feature. NDAX only charges market takers and, even then, the fee is only 0.3%. Bitbuy’s fees. Bitbuy allows users to buy and sell various forms of cryptocurrencies. Bitbuy boasts of tight spreads so users don’t get ripped off on more expensive coin purchases. Reply. Deposit maximums also exist. Why has my cryptocurrency withdrawal been rejected? Express Trade, the quickest and easiest way to buy and sell crypto on Bitbuy, is now only 0.2% per trade, reduced from 0.5%! Although if you would like to make a larger transaction the Bitbuy OTC desk is happy to help you personally. To cover mining fees, we charge the following for crypto withdrawals fees: BTC - 0.00015, ETH - 0.0063, LTC - 0.02, XRP - 0.000012 Hopefully they will fix. Start Trading . Visit Bitbuy. The first thing that stands out on Coinberry’s website is its advertising of 0% deposit fees, 0% withdrawal fees and 0.5% trading fees – very transparent. Bank wire withdrawal fees have been reduced from 1.5% to only 1%. Bitbuy Fees: For depositing you get charged a fee depending on your method, for example if you're doing a simple bank transfer it will cost you 0.5% but if you do a Interac e-Transfer it will cost you 1.5% of the total deposit amount. For both wire transfer and Interac e-Transfer, the exchange platform charges a withdrawal fee of 1.5%. CAD Deposit and Withdrawal Fees: Unless you are depositing crypto, you must pay fees to get money in and out of the Bitbuy platform. All together, it costs 2.29% to buy Bitcoin and it would be another 1.70% in fees to withdrawal it. Cad fees at BitBuy. Withdrawals* from NiceHash wallet are subjected to the withdrawal fee, which depends on the withdrawn amount and withdrawal option. Bitbuy is the most popular Bitcoin exchange in Canada with 250,000+ users. The maximum express trade purchase is $25,000. Although Bitbuy fees are slightly above the market average, the company makes up for with lower withdrawal and deposit fees. It's extremely easy to withdraw CAD on your Bitbuy account and CAD withdrawals via Interac e-Transfer are sent within 24 hours. Additionally, the processing time is faster when done via cryptos. 0% funding fees. 5. Bitbuy also charges varied withdrawal fees depending on the payment method used in withdrawing funds out of the Bitbuy trading account. For example, an Interac e-Transfer withdrawal comes with the same 1.5% fee found on deposits. Buy, sell, deposit or withdraw 7 different cryptocurrencies: Bitcoin, Ether, Bitcoin Cash, Litecoin, XRP, Stellar or EOS. How do I withdraw/send Canadian Dollars from Bitbuy to my bank account? Useful. Let's take a look at the standard Bitbuy.co fees: 0.75% (buying rate) 0.50% (selling rate) BitBuy trading fees. Withdrawal fees also apply which is 0.0005BTC or equivalent. You can see the complete fee structure here. INFO. Bitbuy. You can do wires for 0.50% however it's a $20k minimum which isn't applicable for most people. Casey Live 1 review. Mexico. If you want to withdraw money in USD as opposed to CAD, you can expect to pay 5.00% per withdrawal. Bitbuy Fees. Bitbuy’s fees are also quite reasonable, ranging from 0.16 – 0.75% based on your trading volume. Netcoins charges a flat trading fee of 0.5% per trade. This is free across the industry but Bitbuy charges 1.50% for e-transfers coming in and out. Taking a closer look at these trading fees, they are about in line with the execution fees charged at other Canadian exchanges. Volume: Kraken and Bitbuy seem to have the most active order books, as they both show significantly more volume when looking at the 24 hour period. Just like the deposit, each of these payment methods has a minimum and maximum deposit limit. Bitbuy also charges withdrawal fees, which depend mainly on the type of payment method you choose. Definitely give it a try! Einstein Exchange, for example, has a flat 0.25% fee. Canada’s market leader, QuadrigaCX, has a 0.5% fee. For example, Coinberry is a good place to purchase your first cryptocurrencies in Canada as they have a 0.5% trading fee and zero deposit/withdrawal fees. We’ve improved our Interac e-Transfer funding process. Bitbuy is a Canadian cryptocurrency trading platform with an easy-to-use interface, low fees, convenient funding and withdrawal options, and unmatched customer service. Bitbuy also takes a 0.1% trading fee. The withdrawal fee is also cheaper when compared to conventional withdrawal methods. Instant Card Withdrawal: 1.49%: 3.99%: Free/€0.15: up to 2% of any transaction and a minimum fee of €0.55: If you send a SWIFT payment, it is subject to a €5 fee that we are not able to waive.