1. Start 2. Location 3. Payment Method 4. Results Close Wizard

Find the best Bitcoin exchange for you!

Follow these simple steps and we will help you choose an exchange that suits your needs

Find the best Ethereum exchange for you!

Follow these simple steps and we will help you choose an exchange that suits your needs

Score 85 / 100
Security 8
Customer Support 8
User Friendly 7
Regional Availability 10
Reputation 9
Fees 9

BitBay allows you to fund your account with a Credit Card, and then trade on their exchange market with other buyers or sellers who sells Bitcoin, Ethereum and Litecoin at market price with a maximum of a 0.5% commission. Bitbay does have a 5% fee on deposits made with Credit Cards so unless you choose to make your deposit through bank wire or other cryptocurrencies, the total fee will be rather high on your first purchase.

Pros and Cons

  • CheckAccepts Credit Card
  • CheckTrades in Bitcoin, Ethereum and Litecoin
  • CheckMultiple trading-tools available
  • Cross5% fee on Credit Card
  • CrossDifficult for beginners

Payment Methods

Payment Method Name Deposit Fees Exchange Rates Max Purchase
Without Verification
Max Purchase
With Verification
CheckCredit Card5%15 000€Check
CheckPaypalCross
CheckCashCross
CheckNetellerCross
CheckBankwire0%15 000€UnlimitedCheck
CheckSkrillCross
CheckCryptos0%UnlimitedUnlimitedCheck

BitBay Review

BitBay offers a more advanced trading experience than any other of the exchanges we have reviewed. They have tools for sell and buy-orders which allows you to trade more efficiently than you would at many other exchanges. The reason for this is that BitBay does not hold the currencies themselves, they just provide a software and a marketplace for traders to buy and sell currencies between each other. Because of this, Bitbay is not ideal for someone who is new to cryptocurrencies, and we would recommend using some of our exchanges rated Beginner Friendly.

BitBay claims to not require any verification for purchases below 15 000€, this is unfortunately not completely true. In order to deposit money with your credit card, you are still required to validate yourself through a standard verification process. For trading in crypto or funding your account through bank wire however, you are not required to verify yourself.

Review Score: 85

Company Information

Company: BitBay

BitBay is based out of Poland.

Traded Currencies

  • CheckCheckBitcoin
  • CheckCheckEthereum
  • CrossCheckRipple
  • CheckCheckLitecoin
  • CrossCheckStratis
  • CrossCheckNEM

Latest news

What the f**k is Bitcoin Cash?

News
By Victor Hedman - July 28, 2017

What the f$#% is Bitcoin Cash ($BCC)? And what makes it different from Bitcoin ($BTC)?   A divided community A conflict within Bitcoin. A scaling debate between two of the most powerful miners and the rest of the community. So what is this debate about? Transaction times have slowed down and fees have risen over […]

Bitcoin and Ethereum 101

BitcoinCryptocurrencyEthereumGuides
By Felix Forsgren - July 26, 2017

Contents1. What is a cryptocurrency? 2. What determines the value of a currency? 3. Cryptocurrency Mythbusting3.1 Cryptocurrencies are only used for illegal things3.2 Cryptocurrencies are just a bubble3.3 Cryptocurrencies aren’t backed by anything 3.4 Risks associated with cryptocurrencies4. How to buy and store your Bitcoin and Ethereum4.1 What is a wallet? 4.1.1. Hardware Wallet4.1.2. Paper Wallet4.1.3. Online wallet4.2 […]

The Unbelievable Story of Bitcoin – [Part 1]

News
By Victor Hedman - July 3, 2017

Part 1 – The Inception Before Bitcoin In 2007, a person or group by the name Satoshi Nakamoto began outlining an idea for the first global digital currency . It was not the first time someone attempted to create a digital currency protected by strong encryption. As early as in 1983, a man by the […]