Bitbuy Fees: What You Really Pay to Trade Crypto on Bitbuy

When you trade crypto on Bitbuy, a regulated Canadian cryptocurrency exchange that lets users buy and sell digital assets with fiat currency. It's one of the few platforms in Canada that lets you deposit Canadian dollars directly, making it popular for beginners. But how much does it actually cost you? Many users assume low fees because it's easy to use — but the real costs hide in plain sight.

Bitbuy charges trading fees, a percentage charged every time you buy or sell crypto that vary based on your 30-day trading volume. For small traders, it’s typically 0.2% per trade — higher than some global platforms but standard for Canadian exchanges. Then there’s the deposit fee, the cost to add Canadian dollars to your account. Bank transfers are free, but Interac e-Transfers cost $1.50. Withdrawals? Crypto withdrawals have fixed network fees — Bitcoin might cost $1.50, Ethereum $1 — but these aren’t Bitbuy’s fees, they’re what the blockchain charges. The real trap? spread markup, the hidden difference between the market price and what Bitbuy shows you. You won’t see it listed as a fee, but it can add 1-3% to your cost on every trade. That’s more than some exchanges charge outright.

Compare this to platforms like Kraken or Binance, where you pay clear, low trading fees and see exact prices. Bitbuy’s value isn’t in low costs — it’s in simplicity. If you’re new to crypto in Canada and want to buy Bitcoin with your debit card without jumping through hoops, Bitbuy works. But if you trade often, hold multiple coins, or care about minimizing costs, you’re paying a premium for convenience. The posts below break down exactly what you’re paying, how other Canadian exchanges stack up, and which hidden charges can eat into your returns. You’ll find real fee breakdowns, comparisons with rival platforms, and tips to avoid overpaying — no fluff, just what matters when you’re trying to keep more of your crypto.