BitBay Review and Exchange Rates
BitBay is a cryptocurrency exchange founded in 2014 in Poland. BitBay is one of the largest and oldest European digital currency exchanges. In 2018 BitBay moved to Malta.
The main pros of BitBay are the option to make deposits in fiat currencies as well as in the digital tokens that can be traded on the platform.
📈 Bitcoin conversion table
|Amount / Currency||BTC to USD||BTC to EUR||BTC to GBP||BTC to JPY||BTC to CNY||BTC to AUD||BTC to CHF||BTC to PLN|
BitBay offers two types of accounts, individual and corporate accounts. The individual account is provided free of charge and can be unverified if you are trading solely with cryptocurrencies. Those who wish to trade cryptocurrencies with their business funds, they may do so through a corporate account.
The Maker and Taker fees for fiat currency exchanges at BitBay depend on the trading volume in the previous 30 days.
For crypto-crypto transactions, maker fee is free and taker fee is 0.1% of the transaction.
There is no fee for digital currency deposits, but there might be a minimum deposit value.
Which local currencies does BitBay support to buy and sell Bitcoin?
You should take into account that most bitcoin exchanges don’t offer trading with every fiat currency. In addition to the transaction fee, you may also be subject to a conversion fee, depending on the available trading pairs that are accepted by the bitcoin exchange.
On BitBay these are currently the pairs available to directly trade Bitcoin: