The fiat withdrawal fees for Interac e-Transfer and bank wires are 1.50% and 1.00% respectively. If the withdrawal succeeds at KuCoin, it is no longer able to be canceled. The withdrawals are often completed within a few hours. There is no fee on crypto deposits. Trading fees apply when you buy and sell cryptocurrency. However, it has some cons that don't allow me to recommend it, like bad customer service and a 0.5% spread rate. For traders on the web, if you have not added a withdrawal address yet, please click "Add" to set your withdrawal address. Bitbuy fees for cryptos are completely different. Bitbuy requires a minimum deposit of C$100, which is quite a high figure compared to other platforms. For example, an Interac e-Transfer withdrawal comes with the same 1.5% fee found on deposits. Shakepay, for example, requires only a C$5 minimum deposit. It was founded in 2016 and has its headquarters in Toronto. Easy Set up . You can also buy any of their 8 available cryptocurrencies with a credit card, wire transfer or Interac e-Transfer. CoinSmart is a Canadian exchange. Select Stellar (XLM) and take note of the Wallet Address field and Memo ID field, you will . 2) Start your withdrawal request. The time this takes varies from cryptocurrency to cryptocurrency. Pros of BitBuy If you're new to the crypto trading space, it may be one of the best starting points for you. Users can perform deposits and withdrawals to their Bitbuy account using Cryptocurrencies and the CAD fiat currency. For fiat deposits, Bitbuy charges 1.50% on Interac e-Transfers and 0.50% on wire transfers. Trading Power. Expedited bank transfers and Express Interac e-transfers are the most expensive, charged at 3.00% and 3.50%, respectively. Deposit and withdrawal fees are up to $1.50% for fiat currency (CAD). Each rule can be programmed to run in a matter of minutes and executed within seconds. Our platform features secure digital asset storage, multiple funding methods, and same-day deposit and withdrawal settlements, leaving you free to focus on trading, tracking, and managing your crypto portfolio. Bitbuy.ca (Get $20 with this link) Bitbuy Canada. Bitbuy keeps its currency selection simple. 4. XLM withdrawal: 0.02 XLM. LTC withdrawal: 0.02 LTC . Share with your friends to start earning with Bitbuy. Bitbuy is a Canadian cryptocurrency trading platform with an easy-to-use interface, low fees, convenient funding and withdrawal options, and unmatched customer service. You can check the fee amount on the withdrawal page by searching that token after logging in. Apart from the two constraints mentioned above, there is a fixed computational time of 10 minutes which the miners take to mine a valid Bitcoin block. All in all, Netcoins is a user-friendly, convenient, and low fee platform. Bitbuy started as Instabit in 2013 and rebranded to Bitbuy in 2016 in conjunction with expanding operations and widening their selection of digital currency options. Bitbuy allows users to buy, sell, transfer, and store digital currencies. Your Interac e-Transfer will be sent to your registered Bitbuy email address within 24 hours. 1.5% CAD deposit and withdrawal fees. Just directly trade with those brokers who give you what is yours - at any time and all at once. Bitbuy is a leading cryptocurrency exchange in Canada best suited for Canadian residents and citizens (and only!). Bitbuy: I love the low fees and pro trader mode. Currencies and Payment Methods. If you were going to be withdrawing your funds in CAD then the following fees would apply. Next, proceed according to the following steps: Select "Chain Type": ERC-20, TRC-20 Different tokens charge different withdrawal fees. All of this data is provided for free. This might be either a percentage or a fixed price, which of course means a big difference. BCH withdrawal: 0.001 BCH. Withdrawal Fees. Bitbuy's fees are also quite reasonable, ranging from 0.16 - 0.75% based on your trading volume. In Bitbuy, tap on the "Wallets" button and select Withdraw. Bitbuy's fees are comparable to other Canadian cryptocurrency exchanges, however, unlike several other exchanges, Bitbuy charges a fee to deposit and withdraw via Interac e-Transfer. Compare Canada's best crypto exchanges! Under $1.5m CAD in total maker fees paid in 12 month period. For fiat deposits, Bitbuy charges 1.50% on Interac e-Transfers and 0.50% on wire transfers. Bitbuy also charges withdrawal fees, which depend mainly on the type of payment method you choose. All cryptocurrency withdrawals are given a status of 'Pending' after they have been submitted, which will remain until the withdrawal has been processed and given a status of 'In Progress'. BitBuy offers 6 types of payment methods. I have etransfered many times in the past and now I am a little worried. Thanks Bitbuy :) Just yesterday, Feb 20, 2021, I have submitted a CAD withdrawal request from my Bitbuy account through Interac E-Transfer around 9:00AM PST time. Flat 0.20% fee on all buys and sells. Pro trades are cheaper, with a competitive 0.16% maker fee and a 0.26% taker fee for buying and selling cryptocurrencies. There is no fee to deposit digital currency, however, you pay a fee when making a withdrawal. At this very moment, the transaction is still stuck at pending and I haven't received any further email with regard to this withdrawal. They are still likely to apply a network or miner fee to your transaction so you should keep that in mind. If you want to convert your crypto back to fiat currency, you need to send your crypto to another exchange (for example Bitbuy), then sell it there and transfer CAD to your bank. There is no fee on crypto deposits. . The Bitbuy cryptocurrency platform caters to both beginners and experienced investors. There is a 1.50% fee on Interac e-Transfer withdrawals, and the minimum withdrawal is $50. There is no fee on crypto deposits. What services does Bitbuy offer? Bittrex support provides this important note: "The minimum withdrawal for all coins must be greater than 3 times the fee. April 15, 2021. Bitbuy has also recently been ranked amongst Canada's fastest-growing startups in 2020, and is trusted by more than 250K . Since 2016, Bitbuy has been Canada's trusted choice for buying BTC, ETH and other popular cryptocurrencies. Customers can buy and sell bitcoin and ether using Interac e-Transfers, bank transfers, SWIFT, and credit/debit card. Bitbuy is located in Canada and compliant with Canadian regulations. Bitbuy is the easy-to-use platform made for Canadians to buy, sell, and manage their bitcoin or cryptocurrency portfolio online, hassle free. Go to your profile settings to get your unique Bitbuy referral code or referral link. Of course, most people are usually just looking for bitcoin and maybe Ether, and either platform has you covered in that regard. These include funding and withdrawal methods, insured balance offerings and advanced trading features. The only fiat functionality is Canadian dollars (CAD). Wire transfer = 0.5%; min $10,000; max $500,000. Bitbuy has low trading fees of just 0.2% (and even 0.1% if you trade on the market), and reasonable deposit and withdrawal fees. Has a mobile app. Here's what we found. Please note that you must have a minimum Canadian dollar balance of $50 to do so. Whether you're an experienced trader or you're just beginning to enter the world of cryptocurrency, we've got products and services for everyone. Limited Number of Cryptocurrencies . Currently, you get 9 options to choose from. Sign in to your Bitbuy account and click on 'Wallets', located at the top of the page. Founded in 2016 with a mission to provide a quick, safe and easy way to buy and sell bitcoin and other top cryptocurrencies, today Bitbuy is a fully regulated exchange with oversight from Canadian federal authorities. Depositing funds on Bitbuy can take anywhere between 0 to 6 hours. Bitbuy Canadian Crypto Exchange Review Making Crypto Simple Canadian crypto enthusiasts can enjoy a decent choice of both local and international cryptocurrency exchanges. Bitbuy is one of the most popular cryptocurrency exchanges in Canada. Find the next crypto gem on KuCoin. Withdrawing CAD from your Bitbuy account will incur a 1.50% fee with Interac e-Transfer, and 1.0% fee using Wire transfer.. On Binance you cannot withdraw Canadian Dollars, which is a big drawback. Deposit and Withdrawal Fees. 3) Select your withdrawal method and complete your request Different withdrawal methods are also available. Basic & Advanced Trading Trade quickly and easily on Bitbuy Express, or use the professional tools on the all new Bitbuy Pro Bitbuy also charges withdrawal fees, which depend mainly on the type of payment method you choose. Go ahead and enter the amount you'd like to use and tap on the "Place Buy Order" button. EDIT: Issue Resolved. This is true but only on the exchange side. For funding, fees range from 0.5% - 3.5% depending on how you choose to fund your account. Account funding and withdrawal methods include Interac and bank wire. They place a strong emphasis on their team of service reps and guarantee prompt, friendly service to their users. Both of you will get the bonus after they deposit the minimum of $250. 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. This is below the global industry average with almost 40% (the global industry average BTC-withdrawal fee is 0.000812 BTC per BTC-withdrawal). Coinbase includes all deposit and withdrawal fees in the trading fee. Today, we'll talk about Bitbuy, a very reputable Canadian . While that is disappointing, Bitbuy has a fairly tight spread to make up for it. It's time to move to another part of this Bitbuy review - the cons of the platform. XRP withdrawal: 0.02 XRP I like the simplicity, but I don't care for the lack of transparency in this setup. On the one hand, you have electronic funds transfers and bank transfers. When it comes to withdrawals, the only differences are: The bank wire withdrawal fee is 1%. They prioritize security and transparency with over 95% of customers assets held by cryptocurrency custodian BitGo, with all cryptocurrency held in customers accounts covered by a comprehensive insurance policy . . Too advanced for first-time users; . Newbies can place one-click trades using its "Express Trade" platform, while expert traders can access advanced charting and multiple order types using Bitbuy Review: Conclusion. Both Bitbuy and Coinbase cater to a duality of potential cryptocurrency users. In my eyes, it's the best platform in the country to trade . Check out the withdrawal fees in advance, as this is a point where services can differ a lot. Even though the name might give the impression that Bitbuy only supports Bitcoin, it in fact supports a few bit more cryptocurrencies. Similar to the deposit fees, there are cheaper options such as Coinberry and Kraken. Bitbuy offers an OTC trading desk for Pro users who wish to make large trades of $25,000 . Located at the heart of Toronto's financial district, Bitbuy is a proudly Canadian-founded cryptocurrency exchange, where users of all levels can buy, sell, deposit, or withdraw several cryptocurrencies. You can fund your Bitbuy account directly from your bank account via INTERAC e-transfer or bank wire, with all account deposits and withdrawals executed quickly. Bitbuy, a Canadian advanced trading platform, was developed by Ademar Gonzalez and Adam Goldman in 2013. The Express Trade interface facilitates one-click buy and sell orders that execute in real-time — a highly convenient, accessible way to buy cryptocurrency. Coinbase (get $13 with this link) Get Coinbase. Bitbuy "Express Trade" is a simple, user-friendly portal suitable for novice crypto investors. Deposit at least $250 at once to get the Bitbuy referral bonus of $20. Bitbuy is a Canadian cryptocurrency exchange founded by Adam Goldman and based out of Toronto. Pro-Trade. Netcoins exchange is super user-friendly. Coinberry is an insured trading platform and popular cryptocurrency exchange in Canada that provides 0% deposit and withdrawal fees for CAD transfers. Just like the deposit, each of these payment methods has a minimum and maximum deposit limit. When the market changes, trigger actions. Bitbuy charges a withdrawal fee amounting to 0.0005 BTC when you withdraw BTC. All cryptocurrency withdrawals with a status of 'In Progress' have been sent out, and you will be able to track the withdrawal on a blockchain explorer.The status of the withdrawal will remain 'In Progress . Bitbuy Crypto Withdrawal Fees. While Express Trade was designed for amateur traders looking for a simple and convenient interface, Pro Trade is best suited for more advanced traders who are looking for lower fees, access to charts and market stats, and the ability to make quick trades on the platform. New users will receive $20 CAD in BTC once they deposit at least $100 CAD. As such, it is great for newbies but is also used by more experienced members of the cryptoverse. Expedited bank transfers and Express Interac e-transfers are the most expensive, charged at 3.00% and 3.50%, respectively. There isn't much more to say about Bitbuy than I've stated in this review. In this review, we will compare and assess the exchange using important metrics such as trading features, supported currencies, deposit methods, fees, security and customer support. Bitbuy currently only supports eight different cryptocurrencies, while Coinbase supports dozens. Bitcoin: The Actual Transaction Time. *For a list of digital currencies available on Bitbuy, please visit Canadian Cryptocurrency Prices. The fees is 1.50% for both withdrawal and deposit and the processing time for deposit is 1-6 hours while withdrawals are processed within 24 hours If you're funding through bank wire , you have to deposit a minimum of $20,000 and $5,00,000 maximum, for which you will be charged a 0.50% fee. VirgoCX is a Canadian cryptocurrency exchange founded in 2018 that offers a variety of crypto-related services and lets you use its simple web interface to buy and sell a wide array of cryptocurrencies. The user interface is well designed with beginner and pro features however it's expensive overall compared to other platforms. NDAX Sets the Standard for Canadian Cryptocurrency Trading. Bitbuy is a very renowned cryptocurrency exchange in Canada, and you can find plenty of users online who already used it so that you can talk to them about personals experiences if you want. Dealing with Bitbuy for about a year now… Have been dealing with Bitbuy for about a year now and cannot say enough good things about them. It is required since Bitbuy is registered with FINTRAC. Bitcoin, Ethereum, XRP, Bitcoin Cash, Litecoin XLM and EOS make up the cryptocurrencies available to trade at the time of writing, with plans to add AAVE and LINK to the portfolio.. 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