At Bitbuy, we know Bitcoin and digital currency. We’ve been doing this for a long time (InstaBT was originally launched in 2013) and for a number of years we have been in market serving thousands of Canadians.
On a day-in day-out basis our entire team strives to deliver the most reputable crypto trading platform that enables users to trade digital assets. We have always done our best to listen to the feedback from our users and we believe that we know what crypto traders want. Our goal has been to be the best platform to buy and sell digital currency in Canada.
This brings us to our next chapter and we couldn’t be more excited to announce the launch of Bitbuy Pro in the new year! This platform hasn’t been designed only for our existing users but for the next generation of cryptocurrency traders that deserve the best technologies in order to execute on their trading strategies.
This platform will offer a number of new and advanced features to make trading digital currencies that much better. It will also be integrated into Bitbuy’s existing platform so that all of our existing users will be able to have seamless access to Bitbuy Pro through their existing accounts. In this article, we will outline some of the new features and advantages of that will come with the launch Bitbuy Pro. Happy trading!
With the release of Bitbuy Pro, we will partner with a industry leader in identity verification that will allow new users to be able submit some basic personal information and then be instantly verified. If users are not able to pass instant verification, they will still be able to upload the required documents to be reviewed. This will reduce the time it takes to buy bitcoin and further our goal of delivering the quickest and most seamless way in Canada to trade digital currency. If you have already been verified on the current version of Bitbuy, you will be verified to use Bitbuy Pro.
Deposits & Withdrawals
Once verified, users on Bitbuy Pro will be able to expect the same speedy and turn-key service to get their account funded with either FIAT currency or digital currency. All of our fees and funding options can still be found here. With the launch of Bitbuy Pro we will be rolling out a new trading fee structure along with a new integrated wallet service, making the deposit and withdrawal process that much easier for users.
Advanced Trading UI, Order Types and Pairs
If you’ve used other advanced cryptocurrency trading platforms in the past you may recognize some of the features that we will have in the Bitbuy Pro user interface. Once in the platform, you will notice the ability to enter in both market and limit orders, view wallet balances, 24h volume, tradingview charts with customizable indicators, live order books and price feeds. The advanced charting capabilities will give traders the ability to determine technical indicators such as OBV, RSI and moving averages just to name a few.
As requested by many users, we will also be rolling out an expanded number of digital currency pairs. Initially, most of our pairs will crypto to crypto, but as time goes on we plan to deliver a roadmap of new pairs including fiat to crypto. Users will easily be able to toggle between multiple crypto-to-crypto pairs such as BTC to ETH and BTC to XRP.
Liquidity, Low-latency Matching Engine and API
Bitbuy Pro will provide deep liquidity with transparent order books enabling traders to take advantage of an exchange that will be able to match orders in real-time. Our low-latency matching engine will initially enable orders to be matched at the rate of 5000 trades/ second. This will be important for our institutional and high frequency traders that rely on best-in-class technology to execute on their strategies.
We understand that both businesses and individuals alike need the ability to access deep liquidity on the buy and sell side so we have created Bitbuy Pro with state-of-the-art API calls to allow our users and partners to access deep liquidity. Bitbuy Pro order books will be available for access off platform using our institutional grade API available in both RESTful and FIX. Those interested in connecting to the Bitbuy Pro API will need to sign-up for access to an API key.
Early Access Promotion
The first 500 users to sign-up for Bitbuy Pro will receive 0% trading fees for the first 30 days after launch in Q1 2019. If you know any users that want to also take advantage of the first 30 days of 0% trading fees then it makes sense to refer users to sign-up for a Bitbuy account and have them sign-up for the Bitbuy Pro promotion.
We greatly appreciate our community’s patience in this final phase before launch. As we strive to implement our final changes to the platform and continue to test. Once we launch we will be asking you to help provide us with feedback of you notice any bugs or other issues. You can do this by creating a support ticket or by e-mailing [email protected].