Bitbuy vs Coincheck Exchange

How Bitbuy vs Coincheck Exchange 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
Fees3.53.5
Security & trust4.53.0
Asset selection3.53.0
Ease of use4.04.0
Support4.03.5
Specs
MarketsSpot, OTCSpot
Maker feeNot disclosed0%
Taker feeNot disclosed0%
Coins listed4517
Fiat deposit methodsBank transferBank transfer
KYC required Yes Yes
Accepts US customers No No
Staking / earn Yes Yes
Mobile app Yes Yes
Licenses & registrationsOSC Marketplace & Restricted Dealer, CSA Marketplace & Restricted Dealer, CIRO Member Dealer, FINTRAC MSBNot disclosed
Security featuresCold Storage, Custodial Insurance, CIPF ProtectionNot disclosed
Futures & perpetuals NoNot disclosed
Copy trading NoNot disclosed
P2P market NoNot disclosed
Earn / savings products Yes Yes
User protection fund YesNot disclosed
Referral program YesNot disclosed
Company
Founded20162012
HeadquartersCanadaJapan
InvestorsNot disclosedMonex Group
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
  • Spot Bitcoin order book trading has 0% maker and 0% taker fees
  • Backed by Monex Group
  • Recurring accumulation plans start at ¥300 daily
  • Staking rewards are paid automatically to custodial balances
Cons
  • Services are restricted entirely to residents of Canada
  • Mandatory identity verification (KYC) required before any trading
  • No derivatives, perpetuals, or margin trading available
  • Narrow asset selection of around 17 listed cryptocurrencies
  • Marketplace trades include retail spreads up to 5%
  • Lost $530 million in NEM to an unprotected hot-wallet breach in 2018
Best forCanadian retail crypto buyers, Canadian high-net-worth OTC traders, Businesses holding crypto balance sheetsJapanese residents buying Bitcoin with yen, Long-term dollar-cost averaging investors, Users seeking automatic staking rewards for eligible assets

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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