Bitbuy vs Coinbase

Compare where to buy or sell Bitcoin & crypto.

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Bitbuy caters specifically to the Canadian market, offering a secure and user-friendly platform with a focus on compliance and security, including 1:1 insured Bitcoin holdings. It provides both a straightforward buying experience for beginners and an advanced trading interface for more experienced traders, emphasizing its commitment to reliability and customer support.

Coinbase, with its global reach, offers a similarly user-friendly platform but with a broader array of cryptocurrencies and features such as educational resources through Coinbase Earn, appealing to a wide range of users from beginners to advanced traders.

While Bitbuy is ideal for Canadians seeking a trusted local exchange with a focus on security and ease of use, Coinbase serves a global audience looking for a comprehensive entry point into cryptocurrency with a wealth of learning resources and a larger selection of crypto assets.

Bitbuy

Bitbuy Fees

  • Interac e-Transfer Deposit: $0
  • Wire Transfer Deposit: $0
  • Interac e-Transfer Withdrawals: 1.5%
  • Wire Transfer Withdrawals: 1.5%
  • Spread: 0% – 1.5%
  • Crypto withdrawal: 0.00025 BTC (~$10)
  • Check fees and prices on Bitbuy

Funding & Withdrawal Options

  • Interac E-Transfer
  • Wire Transfer
  • Credit Card

Cryptocurrencies: 25+

✅ Bitbuy Pros

  • Regulated and transparent
  • Express trade
  • Pro trade
  • Staking

❌ Bitbuy Cons

  • Lots of KYC questions
  • Low liquidity
  • High deposit fees
  • No stop-loss orders
Coinbase

Coinbase Fees

  • Deposits and withdrawals: 1.49% – 3.99%
  • Spread: 0.5%

Funding & Withdrawal Options

  • Interac eTransfer
  • Crypto
  • Wire Transfer
  • ACH Transfer

Cryptocurrencies: 100+

✅ Coinbase Pros

  • Coinbase Pro for traders and lower fees
  • Easy to use for beginners
  • Coinbase Card

❌ Coinbase Cons

  • Hard to fund/withdraw fiat in Canada
  • High fees
  • Complicated fee structure

Compare More Top Canadian Crypto Exchanges

Spread %

Withdraw Fee

Deposit Fee

# of Coins

1 - 2%

$0

$0

2

0.75-1.5%

Crypto: Free up to $5

$0

60+

0.2%

Crypto:~$10

$0

30+

0.5%

Fiat: $0
Crypto:~$15

$0

30+

n/a

0 - 1.5%

Fiat: 1.5%
Crypto:~$10

$0

25+

0.2 - 0.3%

Crypto: 0.00001 BTC

Fiat: 1.5%

65+

VirgoCX

0.5 - 2.5%

Fiat: $0
Crypto:~$10

$0

67+

Coinbase

0.5%

1.49 - 3.99%

1.49 - 3.99%

100+

Wealthsimple

~1.5 - 2%

$0

$0

49+

Crypto.com

~0.4%

Crypto:~$13

$0

100+

PayTrie

0.6%
Min. $5 Fee

$0

$0

7 stablecoins

n/a

Bull Bitcoin

0.5 - 1.25%

Crypto: you decide fee

$0

1

n/a

Coinsquare

1.5%

Fiat: 0 - 1.5%

Crypto: 0.0005 BTC

$0

39+

n/a

Bitcoin Well

0.21%

Variable

$0

1

Related

Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always conduct your own research before making any investment decisions.

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Nooxli


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