Malta-based BitBay, is one of the largest crypto-fiat exchanges in Europe and the first to offer direct fiat-to-fiat exchange. The platform has recently introduced GBP deposits and withdrawals without daily limits. Shortly after integrating the currency, BitBay.net opened GBP trading pairs with BTC, ETH, XRP, LTC, and BCC. Only now, all GBP deposits and withdrawals are free for the month of June!
Founded in 2014 and backed by a team of over 200 professionals, BitBay has since become one of the largest European exchanges with over 800,000 active users, more than 547,000 BTC annual volume, and support for over 35 cryptocurrencies, including Bitcoin, Ethereum, Litecoin, Ripple, Bitcoin Cash, Dash, Monero, ZCash, Golem, Stellar, and USDC among others.
BitBay’s platform is also available for use on both iOS- and Android- powered mobile devices. The app offers many useful features, such as customizable professional analysis tools, dark and light interface themes, and a special trading keyboard, among others.You can find the app on the Google Play Store or the Apple App Store.
GBP Fiat Exchange
One of the features making BitBay unique is that it is the only cryptocurrency exchange that gives you the option to exchange directly between fiat currencies including USD, EUR, PLN, and, since mid-April, GBP as well. And you can forget about fees, as BitBay’s fiat exchange commission is 0%!
To do fiat-to-fiat exchange, all users are required to complete a KYC process to verify their identity. The minimum value of a transaction is 25 PLN, 10 EUR, 10 USD, or 10 GBP. More information can be found on the company’s website.