Additional institutional usage and legal certainty provide investors additional crypto exchange alternatives depending on their investing preferences and demand. All investors, whether beginners or experts, want high and steady profits, therefore selecting a good exchange is vital.
Key takeaways
By giving simple, reliable, and safe access to Bitcoin and other cryptocurrencies, Bitbuy has become the premier Canadian exchange, focusing on Canadian investors.
Users seeking a wide range of cryptocurrencies and cheap withdrawal fees may use BTCC, a long-standing exchange in the globe.
This article compares the two biggest crypto exchanges on supported cryptocurrencies, fees, security, trading features, customer service, service breadth, and usability.
BTCC vs.Bitbuy | ||
BTCC | Bitbuy | |
Supported Cryptocurrencies | 300+ on BTCC | Only 25+ on Bitbuy |
Fees | Compared with other major crypto exchanges, the fees charged by BTCC is relative low, such as only charging 0.06% for both takers and makers | Compared with other major exchanges, Bitbuy charges relative high fees, for example, Bitbuy’s Instant Buy and Sell fees are as high as 0.5% while withdrawal fees are 1.5% |
Security | Industry-leading security, with no reported hacks or security breaches to date | High security as it requires two-factor authentication for users |
Features | Provide a large number of service, including spot trading, futures trading, and mining pools | Limited trading features, it doesn’t support staking, futures, or a wallet |
Customer Service | Offer excellent customer service via email and live chat | Customer service in Bitbuy is not bad, but unfortunately, there is no live chat or phone support team, users can only contact through email |
Service Scope | Offer service in more than 100 countries and regions with more than 6 million registered users | Only for Canadians |
Ease of Use | Intuitive interface, easy for both newcomers and experienced traders | Offer user-friendly interface |
Conclusion
Canadian traders might choose Bitbuy, a major exchange. Bitbuy has drawbacks including restricted coin selection and trading options. We want to launch BTCC, the world’s oldest exchange.
As one of the longest-running exchange in the world, BTCC is committed to making crypto trading reliable and accessible to everyone.
BTCC aims to raise the industry’s trading standard by offering a fair and dependable platform. BTCC has over 6 million registered users in over 100 countries and regions.
Apart from the aforesaid advantages over Bitbuy, BTCC also has strong liquidity and volume, adjustable leverage up to 150x, substantial incentives, etc. Joining BTCC should improve your trading experience!