Buy Bitcoin Canada - Best Cryptocurrency Exchange | Bitbuy®

Join the Leading Regulated Cryptocurrency Marketplace in Canada. Low fees & top security at Bitbuy® when you buy Bitcoin, Ethereum & more. Start trading today!

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🔒 Security, Regulation & Safety Practices on Bitbuy

Bitbuy has built a strong security and regulatory framework for safeguarding user assets — especially important given the risks in crypto markets:

Key security features:

Multi-layered protection: Bitbuy uses advanced cloud infrastructure with industry-standard compliance (ISO, SOC, FIPS 140-2) to protect servers and user data.

Two-factor authentication (2FA): Users must enable 2FA to log in or trade, reducing risk of unauthorized access.

Custodial safeguards: The majority of user funds are stored in cold storage offline, with insurance coverage via custodians like BitGo — this helps protect assets from hacks or theft.

Regular audits & oversight: Bitbuy conducts frequent internal and third-party security and financial audits to spot issues proactively.

Regulation: It’s regulated under Canadian authorities — registered with FINTRAC and operating as a dealer under the Ontario Securities Commission and CIRO — which means Bitbuy must follow strict anti-money-laundering (AML) and “know your customer” (KYC) rules.

Track record: Since launching in 2016, Bitbuy has not reported any major security breach, which some reviewers view as a positive indicator of its safety focus.

Bottom line: Bitbuy combines regulatory oversight with technical tools like cold storage and 2FA to help secure funds — making it one of the more established platforms in Canada from a safety perspective.