Bitbuy vs MEXC

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

Bitbuy4.0/5
VS
MEXC3.4/5
Feature
Ratings
Our score4.0/53.4/5
User ratingNo reviews yetNo reviews yet
Fees3.54.5
Security & trust4.52.5
Asset selection3.54.5
Ease of use4.03.5
Support4.02.5
Specs
MarketsSpot, OTCSpot, Futures, Margin, Copy trading, P2P
Maker feeNot disclosed0%
Taker feeNot disclosed0.05%
Coins listed451,438
Fiat deposit methodsBank transferNot disclosed
KYC required YesNot disclosed
Accepts US customers No No
Proof of reservesNot disclosed Yes
Staking / earn YesNot disclosed
Mobile app YesNot disclosed
Licenses & registrationsOSC Marketplace & Restricted Dealer, CSA Marketplace & Restricted Dealer, CIRO Member Dealer, FINTRAC MSBNot disclosed
Security featuresCold Storage, Custodial Insurance, CIPF Protection$100M Guardian Fund, On-chain fund verification
Futures & perpetuals No Yes
Max leverage (x)Not disclosed500
Copy trading No Yes
P2P market NoNot disclosed
Earn / savings products YesNot disclosed
User protection fund Yes Yes
Referral program YesNot disclosed
Company
Founded20162018
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
  • 0% standard spot maker fee
  • 0.05% standard spot taker fee
  • More than 1,400 listed coins
  • Perpetual futures with up to 500x leverage
Cons
  • Services are restricted entirely to residents of Canada
  • Mandatory identity verification (KYC) required before any trading
  • No derivatives, perpetuals, or margin trading available
  • Unavailable in the United States, Canada and Singapore
  • Custodial exchange exposure for deposited assets
  • Leverage up to 500x increases liquidation risk
  • Funding rates can reach 0.1% or higher on volatile contracts
Best forCanadian retail crypto buyers, Canadian high-net-worth OTC traders, Businesses holding crypto balance sheetsBroad token selection, High-risk futures traders, Spot grid and DCA users

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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