VirgoCX vs Bitbuy
Compare where to buy or sell Bitcoin & crypto.
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VirgoCX offers Canadian users a seamless and secure platform for trading a diverse selection of cryptocurrencies, with a strong emphasis on no-fee fiat transactions and a straightforward, user-friendly trading experience. It’s particularly appealing for those seeking a cost-effective entry and exit into the crypto market, supported by a commitment to regulatory compliance and security.
Bitbuy, on the other hand, caters to a wide spectrum of Canadian traders from beginners to professionals, offering a secure trading environment with features like 1:1 insured Bitcoin holdings and a split interface catering to different levels of trading expertise.
While VirgoCX is known for its no-fee fiat transactions and ease of use, Bitbuy distinguishes itself with its focus on security, a robust trading platform for advanced users, and a commitment to regulatory adherence, making it a strong option for those prioritizing safety and a more extensive set of trading tools.
VirgoCX Fees
- Deposits and withdrawals: $0
- Spread: 0.5% to 2.5% (Depends on asset)
- Crypto withdrawal: Free
- Check fees and prices on VirgoCX
Funding & Withdrawal Options
- Interac E-Transfer
- Wire Transfer
- Bill Payment
- Credit/Debit Card
Cryptocurrencies: 60+
✅ VirgoCX Pros
- Market dashboard uses TradingVeiw charts
- Fund/withdraw US Dollars (USD) with a Canadian bank account
- OTC desk for large transactions over $30,000 CAD
❌ VirgoCX Cons
- Verification process for new accounts is difficult
- Account password has a maximum of 15 characters
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
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 | $0 | 30+ | n/a | |
0 - 1.5% | Fiat: 1.5% | $0 | 25+ | ||
0.2 - 0.3% | Crypto: 0.00001 BTC | Fiat: 1.5% | 65+ | ||
VirgoCX | 0.5 - 2.5% | Fiat: $0 | $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% | $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 |
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- Newton vs Wealthsimple
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always conduct your own research before making any investment decisions.
Errors or corrections? Contact Us.
Nooxli is basic how-to crypto guides, reviews, and information for beginners to get started with cryptocurrency in Canada. Personal investment disclosure: I am long BTC & ETH. I take profits when I feel like it. I trade altcoins in hot markets. NOT investment advice. Investing in cryptocurrency is risky. Do your own research.
Seen in: Finbold, CoinMarketCap, Times Tabloid, and TheBitTimes.com
