Bitbuy alternatives

Compare the best alternatives to Bitbuy alternatives for Canadian crypto traders.

By   |   Updated 20th January 2022

Comparing Bitbuy alternatives

Coinberry

On Coinberry's website

Featured

Coinberry

Highlights

  • Both Bitbuy and Coinberry have a limited number of tradable cryptocurrencies.
  • Trading and withdrawal fees on Bitbuy are cheaper than those on Coinberry.
  • Both exchanges use offline cold storage facility, with Coinberry using Gemini’s cold storage facility.
CoinSmart

On CoinSmart's website

Highlights

  • Bitbuy is slightly more expensive than CoinSmart for trading and withdrawing funds.
  • CoinSmart offers a broader trading market than Bitbuy.
  • Both exchanges use offline cold storage facilities for security.
NDAX

On NDAX's website

Highlights

  • More cryptocurrencies are available to trade on NDAX compared to Bitbuy.
  • Trading and withdrawal fees on NDAX are lower than those on Bitbuy. There are no deposit charges on NDAX.
  • Bitbuy and NDAX have their offline cold storage facilities for storing cryptocurrencies securely.
Coinbase

On Coinbase's website

Coinbase

Highlights

  • Coinbase offers a broader range of cryptocurrencies to trade than Bitbuy.
  • Trading and withdrawal fees are much higher on Coinbase than on Bitbuy.
  • Bitbuy and Coinbase both provide intuitive interfaces that are ideal for beginners and advanced traders alike.
  • Both exchanges use offline cryptocurrency cold storage facilities.
Binance

On Binance's website

Binance

Highlights

  • Binance has a much bigger choice of tradable digital assets than Bitbuy, especially altoins, DeFi, and NFTs.
  • It’s more expensive to trade and withdraw funds on Bitbuy than it is on Binance..
  • Binance is not suitable for inexperienced traders, whereas Bitbuy is much more accessible for newer traders.
  • Binance is not available in some regions of Canada, whereas Bitbuy is available nationally.
Newton

Highlights

  • Bitbuy's fees for trading and withdrawing funds are much higher than they are on Newton.
  • Both exchanges offer a limited number of tradable coins, but Newton has slightly more cryptocurrencies than Bitbuy.
  • Both exchanges have a simple layout and design, making them ideal for beginners. Newton’s design is very high-end.
  • Bitbuy and Newton both use cold storage and employ standard security policies.
Shakepay

Highlights

  • You can trade more coins on Bitbuy than you can on Shakepay.
  • Shakepay does not charge a trading fee, but there are spread costs for each transaction. Shakepay also has no deposit or withdrawal fees.
  • Both exchanges use offline cold storage facilities to securely store digital assets.
Kraken

On Kraken's website

Kraken

Highlights

  • You can trade more digital assets on Bitbuy than you can on Kraken.
  • Kraken's trading and withdrawal costs are lower than Bitbuy's.
  • Both exchanges are suitable for beginners due to their simple user-friendly interface.
  • Bitbuy and Kraken both use offline cold storage.
Netcoins

Netcoins

Highlights

  • Create an account and get verified in minutes.
  • Fund your account with $0 fees through a cryptocurrency deposit, Interac e-Transfer, online bill payment or bank wire transfer.
  • With price alerts, it keeps you in the loop on those big moves.
Wealthsimple Crypto

Wealthsimple Crypto

Highlights

  • Sign up in minutes with $0.
  • No fees to deposit or withdraw.
  • Coins are held by Gemini Trust Company, a regulated crypto custodian with $200M in cold storage insurance coverage.