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Title: Bitbay vs the other exchanges Post by: cered on July 01, 2019, 08:28:07 AM Hi, can you tell me what is the difference between Bitbay or the other popular cryptocurrency exchanges like for example coindeal (https://coindeal.com/)? What are the advantages of Bitbay comparatively to the others?
Title: Re: Bitbay vs the other exchanges Post by: Lucius on July 01, 2019, 09:42:10 AM BitBay is based in Poland and it is online from 2014. From what I read on their site and on some reviews it is trusted exchange, especially for domestic residents who can withdraw fiat on ATMs without card just by using 6 digit SMS code and option "withdrawal without a card". They also have deposit / withdraw in Polish Post Offices, which further makes it easier to use this crypto exchange. Also users can trade and deposit without KYC, but for withdraw you will need verified account. They also not working for USA citizens.
I think that the only advantage of BitBay is in some options mentioned above, but that options are only for users with Polish phone numbers - It is not entirely clear whether strangers can buy such phone numbers, since they call it Premium SMS service. I would not write anything about CoinDeal since you know everything about them ;) When I was searching for the opinons about CoinDeal, I found more positive ones. That was my first cryptocurrency exchange, because I'm quite new in this cryptocurrency world. Everything works fine at CoinDeal, cannot complain Title: Re: Bitbay vs the other exchanges Post by: nutella_11 on July 01, 2019, 09:52:37 AM I think that CoinDeal is doing better than Bitbay at this moment, because it is constantly developing. CoinDeal will be available at the USA and BitBay won't. CoinDeal team organises a lot of initiatives for their community. Now, it is said that their users will receive free tokens, here it is the article (https://miningstat.net/2019/07/01/coindeal-presents-free-token-giveaway-and-enters-the-american-market/)
Title: Re: Bitbay vs the other exchanges Post by: Mr Zet on July 01, 2019, 10:34:21 AM I think that CoinDeal is doing better than Bitbay at this moment, because it is constantly developing. CoinDeal will be available at the USA and BitBay won't. CoinDeal team organises a lot of initiatives for their community. Now, it is said that their users will receive free tokens, here it is the article (https://miningstat.net/2019/07/01/coindeal-presents-free-token-giveaway-and-enters-the-american-market/) But, on the other hand, BitBay is on the market from quite time, and they have bigger experience than CoinDeal. It might be also a disadvantage, cause their lack of fresh view might be a problem in that vastly changing industry which cryptocurrency world is, but it shouldn't be neglected too.I live in Poland from quite time and I'm keep an eye on crypto industry here - it's very interesting how Poles are getting more excited about it. And both BitBay and CoinDeal are excellent examples that cryptocurrencies might have a bright future here - especially when they're starting to expend outside the borders, like CoinDeal is doing right now. Title: Re: Bitbay vs the other exchanges Post by: Nawrod on July 01, 2019, 11:12:14 AM I think that CoinDeal is doing better than Bitbay at this moment, because it is constantly developing. CoinDeal will be available at the USA and BitBay won't. CoinDeal team organises a lot of initiatives for their community. Now, it is said that their users will receive free tokens, here it is the article (https://miningstat.net/2019/07/01/coindeal-presents-free-token-giveaway-and-enters-the-american-market/) But, on the other hand, BitBay is on the market from quite time, and they have bigger experience than CoinDeal. It might be also a disadvantage, cause their lack of fresh view might be a problem in that vastly changing industry which cryptocurrency world is, but it shouldn't be neglected too.I live in Poland from quite time and I'm keep an eye on crypto industry here - it's very interesting how Poles are getting more excited about it. And both BitBay and CoinDeal are excellent examples that cryptocurrencies might have a bright future here - especially when they're starting to expend outside the borders, like CoinDeal is doing right now. Title: Re: Bitbay vs the other exchanges Post by: Mr Zet on July 01, 2019, 11:17:06 AM I think that CoinDeal is doing better than Bitbay at this moment, because it is constantly developing. CoinDeal will be available at the USA and BitBay won't. CoinDeal team organises a lot of initiatives for their community. Now, it is said that their users will receive free tokens, here it is the article (https://miningstat.net/2019/07/01/coindeal-presents-free-token-giveaway-and-enters-the-american-market/) But, on the other hand, BitBay is on the market from quite time, and they have bigger experience than CoinDeal. It might be also a disadvantage, cause their lack of fresh view might be a problem in that vastly changing industry which cryptocurrency world is, but it shouldn't be neglected too.I live in Poland from quite time and I'm keep an eye on crypto industry here - it's very interesting how Poles are getting more excited about it. And both BitBay and CoinDeal are excellent examples that cryptocurrencies might have a bright future here - especially when they're starting to expend outside the borders, like CoinDeal is doing right now. |