Bitbuy vs Bitfinex

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

Bitbuy4.0/5
VS
Feature
Ratings
Our score4.0/53.4/5
User ratingNo reviews yetNo reviews yet
Fees3.54.5
Security & trust4.52.5
Asset selection3.54.0
Ease of use4.03.5
Support4.03.0
Specs
MarketsSpot, OTCSpot, Futures, Margin, OTC
Maker feeNot disclosed0%
Taker feeNot disclosed0%
Coins listed4562
Fiat deposit methodsBank transferNot disclosed
KYC required YesNot disclosed
Accepts US customers NoNot disclosed
Staking / earn Yes Yes
Mobile app Yes Yes
Licenses & registrationsOSC Marketplace & Restricted Dealer, CSA Marketplace & Restricted Dealer, CIRO Member Dealer, FINTRAC MSBRegulated in El Salvador, Registered in the British Virgin Islands
Security featuresCold Storage, Custodial Insurance, CIPF ProtectionNot disclosed
Futures & perpetuals No Yes
Copy trading NoNot disclosed
P2P market No Yes
Earn / savings products Yes Yes
User protection fund YesNot disclosed
Referral program YesNot disclosed
Company
Founded20162012
HeadquartersCanadaBritish Virgin Islands
InvestorsNot disclosedNot disclosed
Strengths and weaknesses
Pros
  • 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
  • Recorded 0 trading fees for spot, margin and derivatives
  • Supports margin, derivatives, OTC and peer-to-peer funding markets
  • Offers API access for programmable trading
  • Available in 52 countries
Cons
  • Services are restricted entirely to residents of Canada
  • Mandatory identity verification (KYC) required before any trading
  • No derivatives, perpetuals, or margin trading available
  • Centralized custody exposes users to exchange and withdrawal-freeze risk
  • 119,756 BTC were stolen in the August 2016 breach
  • A $75,000 CFTC fine followed in June 2016
  • Margin and derivatives can magnify trading losses
Best forCanadian retail crypto buyers, Canadian high-net-worth OTC traders, Businesses holding crypto balance sheetsProfessional margin traders, Derivatives traders, OTC digital-asset trading

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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