Bitbuy vs Shakepay: Fees
When it comes to fees, Shakepay is technically the winner as the do not charge any fees to trade on their platform. However, they do have wider spreads when comparing with Bitbuy, so in the end you save more money by using Bitbuy as they have much tighter spreads in comparison.
Another area where Bitbuy outperforms Shakepay is how many supported cryptocurrencies they have on their platform. Bitbuy supports a wider range of currencies, including Bitcoin, Ethereum, Litecoin, and Bitcoin Cash. Shakepay currently only supports Bitcoin and Ethereum.
Bitbuy vs Shakepay: Security
Both platforms use two-factor authentication to secure accounts, and they both have strict security measures in place to protect users’ funds. However, Bitbuy goes a step further by offering cold storage insurance on all their crypto holdings. This means that if there is ever a hack or security breach, users will be compensated for any lost funds.
Bitbuy vs Shakepay: Final Verdict
So, which platform is better? It depends on what you’re looking for. If you want the lowest fees, Bitbuy is the winner. If you want the widest range of supported cryptocurrencies, Bitbuy is also the winner. And if security is your top priority, then Bitbuy is the best choice.