How much can I withdraw Bitbuy?

Can you withdraw money from Bitbuy?

Choose your withdrawal method and enter the dollar amount you are looking to withdraw, and the name of your bank. … If you are withdrawing via Bank Wire or Electronic Bank Transfer, a Bitbuy representative will reach out to you for your banking details after your withdrawal request has been made.

How much does it cost to withdraw from Bitbuy?

Bitbuy charges a withdrawal fee amounting to 0.0005 BTC when you withdraw BTC. This is below the global industry average with almost 40% (the global industry average BTC-withdrawal fee is 0.000812 BTC per BTC-withdrawal).

Does Bitbuy pay interest?

Through this partnership, Bitbuy will become the first Canadian cryptocurrency trading platform to allow their users to earn interest on their cryptocurrency holdings. … No account minimums will be required, and interest will be paid every three months.

Why is my withdrawal pending on Bitbuy?

All cryptocurrency withdrawals are given a status of 'Pending' after they have been submitted, which will remain until the withdrawal has been processed and given a status of 'In Progress'.

How legit is Bitbuy?

Is Bitbuy a legitimate crypto exchange? Yes, Bitbuy is a legitimate cryptocurrency exchange founded in Toronto in 2013. It is registered with FINTRAC as a Money Services Business.

How long does Bitbuy transfer take?

CAD Deposits and Withdrawals

CAD Withdrawal Type	Minimum	Processing
Interac e-Transfer	$50	Within 24 Hours
Bank Wire	$20,000	2-3 Business Days

Is Bitbuy custodial?

Institutional-Grade Custody: Bitbuy uses best-in-class protocols for bitcoin custody and now works with industry-leading custodian BitGo, the world's first qualified custodian purpose-built for storing digital assets.

How long is Bitbuy withdrawal?

CAD Deposits and Withdrawals

CAD Withdrawal Type	Minimum	Processing
Interac e-Transfer	$50	Within 24 Hours
Bank Wire	$20,000	2-3 Business Days

How long does it take to verify Bitbuy?

You will receive a response from us via email within 1-2 business days of submitting your documents. If you do not hear from us within that timeframe, please check your junk/spam folder.

What does Reserved mean on Bitbuy?

If you see "reserved balance" in your account, that means that crypto is in an active limit order or a pending withdrawal 🔁