BitBay is an exchange operated by Pinewood Estonia OÜ with license in Estonia, It used to be registered in Malta, and actually formed in Poland as early as in 2014.
As you surely know, the Baltic region consists of three countries: Estonia, Latvia and Lithuania. With this in mind, it might seem odd that out of these three countries, only Estonia is the home of any exchanges (update: there is now also an exchange from Lithuania: BTC Exchange). The likely explanation for this however is that Estonia has a license you can obtain in order to conduct crypto exchange operations as an Estonian company. To our knowledge, there are only two other nations in Europe that have clear laws on this like Estonia has: Malta and Gibraltar.
According to information on BitBay’s website on 30 October 2019, it has more than 800,000 active users.
Withdrawal Fee: 0.0005
Taker Fee: 0.10%
Maker Fee: 0.00%
Supported Cryptos (27)
0x Protocol, AMLT Token, Augur Coin, Basic Attention Token, Bitcoin Cash ABC, and 22 more
A crypto exchange guide must provide reviews of all of the crypto exchanges out there, so that you can find the right one for you. This review of BitBay consists of four parts: general info, fees, deposit methods and security.