Bitbuy vs CoinEx Exchange

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

Bitbuy4.0/5
VS
Feature
Ratings
Our score4.0/53.3/5
User ratingNo reviews yetNo reviews yet
Fees3.53.5
Security & trust4.52.5
Asset selection3.54.0
Ease of use4.03.5
Support4.03.5
Specs
MarketsSpot, OTCSpot, Futures, Margin
Coins listed45Not disclosed
Fiat deposit methodsBank transferCard
KYC required YesNot disclosed
Accepts US customers No No
Proof of reservesNot disclosed Yes
Staking / earn Yes Yes
Mobile app Yes Yes
Licenses & registrationsOSC Marketplace & Restricted Dealer, CSA Marketplace & Restricted Dealer, CIRO Member Dealer, FINTRAC MSBEstonia FIU crypto operating license, Poland VASP
Security featuresCold Storage, Custodial Insurance, CIPF Protection2FA, Cold storage segregation, Anti-phishing code, Device management, Risk reserve fund
Futures & perpetuals No Yes
Copy trading No No
P2P market No No
Earn / savings products Yes Yes
User protection fund Yes Yes
Referral program Yes Yes
Company
Founded20162017
HeadquartersCanadaSeychelles
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
  • Published monthly proof of reserves verification reports
  • AMM liquidity pools let users earn shares of trading fees
  • Licensed as an operating exchange in Estonia and registered in Poland
  • Wide asset selection spanning hundreds of spot and perpetual markets
Cons
  • Services are restricted entirely to residents of Canada
  • Mandatory identity verification (KYC) required before any trading
  • No derivatives, perpetuals, or margin trading available
  • Permanently barred from operating in the United States
  • Suffered a $54 million hot wallet exploit in September 2023
  • Fiat on-ramps require third-party providers with external fee structures
  • No registration or licensing in the United Kingdom, Australia, or Japan
Best forCanadian retail crypto buyers, Canadian high-net-worth OTC traders, Businesses holding crypto balance sheetsNon-US altcoin traders, Perpetual futures and margin traders, Users providing AMM liquidity

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.

More comparisons