bitbuy crypto exchange | BTCC Knowledge

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Is bitbuy a safe cryptocurrency exchange in Canada?

Bitbuy is a leading cryptocurrency exchange in Canada best suited for Canadian residents and citizens (and only!). Founded in 2016 with a mission to provide a quick, safe and easy way to buy and sell bitcoin and other top cryptocurrencies, today Bitbuy is a fully regulated exchange with oversight from Canadian federal authorities.

Is bitbuy a good cryptocurrency exchange?

Bitbuy’s overall mission is to simplify the trade of digital assets for all Canadians. It is a convenient Canadian cryptocurrency exchange offering over the counter (OTC), brokerage and advanced trading options. Fees are extremely reasonable compared to the competition and customer support seems to be doing a very good job.

What cryptocurrencies can I trade on bitbuy?

Bitbuy keeps its currency selection simple. The only fiat functionality is Canadian dollars (CAD). Bitcoin, Ethereum, XRP, Bitcoin Cash, Litecoin XLM and EOS make up the cryptocurrencies available to trade at the time of writing, with plans to add AAVE and LINK to the portfolio. Deposits can be made in all of the above fiat and cryptocurrencies.

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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