Bitbank vs Bitbuy

How Bitbank vs Bitbuy compare on our ratings, exchange specs, funding, pros and cons.

Bitbank3.1/5
VS
Bitbuy4.0/5
Feature
Ratings
Our score3.1/54.0/5
User ratingNo reviews yetNo reviews yet
Fees3.03.5
Security & trust3.54.5
Asset selection3.03.5
Ease of use3.04.0
Support3.04.0
Specs
MarketsSpotSpot, OTC
Coins listedNot disclosed45
Fiat deposit methodsBank transferBank transfer
KYC required Yes Yes
Accepts US customers No No
Staking / earnNot disclosed Yes
Mobile app Yes Yes
Licenses & registrationsJapan JFSA / KLFB No. 00004OSC Marketplace & Restricted Dealer, CSA Marketplace & Restricted Dealer, CIRO Member Dealer, FINTRAC MSB
Security featuresCold storage, Multi-signature wallets, Two-factor authenticationCold Storage, Custodial Insurance, CIPF Protection
Futures & perpetuals No No
Copy trading No No
P2P market No No
Earn / savings productsNot disclosed Yes
User protection fundNot disclosed Yes
Referral programNot disclosed Yes
Company
Founded20142016
HeadquartersJapanCanada
InvestorsNot disclosedNot disclosed
Strengths and weaknesses
Pros
  • Operates under Japanese Financial Services Agency regulatory registration
  • Comprehensive REST and WebSocket streaming APIs for algorithmic execution
  • Direct bank integration for Japanese yen deposits and withdrawals
  • Continuous operational track record dating back to 2014
  • Operates under CIRO member dealer status registered with the OSC and CSA
  • Cash balances covered up to $1M CAD per account by CIPF
  • Digital assets stored 1:1 in cold storage with insured custodians
  • Instant CAD deposits and withdrawals supported through Interac e-Transfer
Cons
  • Strictly restricted onboarding primarily focused on Japanese residents
  • Mandatory KYC identity verification before any trading or deposit activity
  • No derivatives, perpetual contracts, or margin leverage products offered
  • Fiat processing relies on domestic Japanese banking schedules and maintenance
  • Services are restricted entirely to residents of Canada
  • Mandatory identity verification (KYC) required before any trading
  • No derivatives, perpetuals, or margin trading available
Best forJapanese crypto traders, Algorithmic spot traders, JPY fiat-to-crypto market participantsCanadian retail crypto buyers, Canadian high-net-worth OTC traders, Businesses holding crypto balance sheets

Highlighted cells show the stronger value in each row. Data comes from each provider's site and public sources; check details before you sign up.

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