MoonPay vs Bitbuy: Which is Best? [2026]
Key differences
Bitbuy vs MoonPay in Comparison
Description
Fast, secure Canadian exchange with high limits and BTC insurance.
Simple app to buy Bitcoin with your bank or debit card. Works in most countries but has very high fees.
Supported Countries
Only available in Canada. Registered with Ontario Securities Commission (OSC) and FINTRAC.
Available in 160+ countries. Regulated globally with licenses in major jurisdictions including UK, US, EU, Canada, and Australia.
Supported Cryptocurrencies
33 cryptocurrencies including BTC, ETH, USDC, SOL, DOGE, SHIB, XRP, ADA, MATIC, DOT, AVAX, LINK, MANA, and more
160+ cryptocurrencies including BTC, ETH, USDC, USDT, DAI and many more
Fees
- Withdrawal Fees:
- Interac e-Transfer: Free
- Bank Deposit: 1.5%
- Wire Transfer: 1.5%
- BTC: 0.0005 BTC
- Deposit Fees:
- Bank Transfer: 1%
- Credit/Debit Card: 4.5%
- Apple Pay/Google Pay: 4.5%
- PayPal: 4.5%
- MoonPay Balance: 0%
- Withdrawal Fees:
- Bank Transfer: 1%
- PayPal: 3.4%
- BTC: Network fees apply
Payment Methods
Interac e-Transfer, Bank Account, Credit Card, Debit Card
Bank Account, Credit Card, Debit Card, Apple Pay, Google Pay, PayPal
Do These Exchanges Allow you To Earn Interest on Crypto?
Up to 11.57%
Earn up to 11.57% APY through crypto staking on ETH, SOL, DOT, MATIC, ADA, NEAR, ATOM, INJ, and TIA. Auto-compounding rewards with no lockup periods. Staking fees up to 30% on rewards (Bitbuy) + 9% (BitGo custodian). First TSX-listed company with OSC regulatory approval for staking.
Mobile App Ratings
iOS Rating: 4.5 Official rating from the iOS App Store as of November 18, 2024.
Android Rating: 4.5 Official rating from the Android Play Store as of November 18, 2024.
iOS Rating: 4.2 Official rating from the iOS App Store as of November 18, 2024.
Android Rating: 4.0 Official rating from the Android Play Store as of November 18, 2024.
Storage
Multi-tiered security system with servers secured across multiple world-class cloud providers. Features include 2FA authentication, comprehensive BitGo insurance policy, proof-of-solvency accounting, routine financial/security audits, and privately maintained closed-source codebase. First Canadian registered marketplace for crypto assets, federally approved as a Restricted Dealer.
Advanced security infrastructure with multi-signature wallets, cold storage solutions, and regular security audits. Features include 2FA authentication, biometric verification, and compliance with global regulatory standards.
Have These Exchanges Been Hacked Before?
No. No publicly reported major hacking incidents.
No. No publicly reported major hacking incidents.
Official Site
Exchange Review
No review available
"Bravo Bitbuy! Hands down best Bitcoin buying app in Canada. I have used all of the other crypto apps in Canada including Coinsquare, Coinberry and Shakepay. This is by far the best app out of them all. I love the quick turnaround times, low BTC prices and lightening fast customer service."
- Real user review from iOS App Store, Android Play Store or Trustpilot
No review available
"MoonPay has been fantastic for buying crypto quickly and easily. The verification process was smooth, and I love having multiple payment options. Their zero-fee feature with MoonPay Balance is a game-changer."
- Real user review from iOS App Store, Android Play Store or Trustpilot
MoonPay vs Bitbuy Comparison
MoonPay and Bitbuy serve different markets. Bitbuy is Canada's premier cryptocurrency exchange, regulated by the Ontario Securities Commission and focused exclusively on Canadian users. MoonPay is a global on-ramp available in 160+ countries.
Fee Comparison
MoonPay charges:
- 4.5% for cards
- 1% for bank transfers
- Additional spread
Bitbuy charges:
- Free Interac e-Transfer deposits
- 1.5% trading spread
- 0.0005 BTC withdrawal fee
- 1.5% for bank/wire withdrawals
Who Should Use Each?
Choose MoonPay if: You live outside Canada, need instant card purchases, or prefer a simple one-time purchase without creating an exchange account.
Choose Bitbuy if: You're in Canada, want to deposit via Interac e-Transfer for free, want staking rewards, or prefer a regulated Canadian platform with insurance.
Key Takeaways
For Canadian users, Bitbuy is the clear winner. Free Interac deposits, OSC regulation, BitGo insurance, and staking rewards make it a complete solution. MoonPay charges premium fees for what Bitbuy offers for much less. The only reason to use MoonPay in Canada is if you need a quick card purchase without going through KYC.
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