Bitbuy vs Crypto.Com Comparison

Bitbuy and Crypto.Com are two of the best crypto exchanges available in Canada. In today’s post, we’ve compared the two so you can make the right choice.

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Rating
Cheaper Fees
Payment Methods
Direct Deposit
PayPal
Pay ID
Poli
Features
Beginner Friendly
Mobile App
Cold Storage
2-Factor
Currencies Accepted CAD USD, AUD, CAD, CHF, EUR, GBP, NZD, SGD, JPY, ZAR & 9+ more

Bitbuy

Pros

  • High Security Focus
  • Compliant & Transparent

Cons

  • currently only available in Canada and users

Bitbuy is a cryptocurrency exchange platform that was created in 2013. It has gained huge popularity amongst its users and it’s also said to be one of the recognized crypto exchanges in Canada, with cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH) & 25 other assets on board!

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Crypto.Com

Pros

  • Lower fees than other well-known platforms
  • Added benefits for staking CRO

Cons

  • Customer service isn’t responsive

Crypto.Com has been around since 2016 when it first gained popularity amongst its users, making them one of Hong Kong’s most recognized exchanges. Bitbuy offers trading in Bitcoin, Ethereum and 150 other cryptoassets.

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Fees

It’s important to consider the fees associated with trading platforms. Here is a comparison of Bitbuy vs Crypto.Com, two popular exchanges:

Bitbuy takes 1% to 1.50% fee for deposits, where Crypto.Com charges a 0.

When buying crypto, Bitbuy charges 0.20% of your purchase price while Crypto.Com charges 0.4.

You should also consider sell charges which vary. Bitbuy charges 0.20% while Crypto.Com is 0.4.

Deposit Methods

Bitbuy offers 5 main methods to deposit CAD to your account. They are Bank transfer, Interac (instant e-Transfer), Crypto.

The daily deposit limit is $100.00. Most people won’t need to worry about hitting that limit.

Crypto.Com offers a few methods to deposit CAD to your account. They are Credit card, Cryptocurrency, PayPal, TransferWise, SEPA.

The daily deposit limit is 500 USDC.

Overall, Bitbuy is a better option because it has more deposit methods available which makes it easier to transfer funds.

Security Features

Bitbuy is an established exchange in Canada. They offer high security measures to protect their customers’ assets with the following techniques:

2Factor Authentication, custodial services, regulated MSB or Money Service Business under FINTRAC – all in an effort to keep you safe while trading on CoinSpot.

Crypto.Com is also hughely popular exchange in Hong Kong. They use the following methods:

We use MultiFactor Authentication (MFA), We ensure withdrawal protection, provide 24/7 live customer support.

Both exchanges are secure, but it appears that Bitbuy has better security over Crypto.Com.

Mobile App

Bitbuy has one of the best mobile apps in the industry with its rating being 4.6 on Apple’s app store. The user interface is simple to use for beginners yet it also offers advanced features that experienced traders might miss out on, making this one a winning platform no matter what your skill level may be!

Crypto.Com mobile app is highly rated by their users with a user rating of 4.6 on the Apple app store. It has an easy and intuitive interface that makes it great for beginners as well as experienced traders.

Final Verdict

Either exchange is a great choice with a great service but Bitbuy comes out on top for me.

Sign up now using the links below:

Bitbuy

Sign Up Here

Crypto.Com

Sign Up Here

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