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September 19, 2020
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GBP deposits and withdrawals are already available on BitBay – Blocksats

Since yesterday, i.e. May 26, 2020, deposits and withdrawals in British pounds have been made available on the largest Polish cryptocurrency exchange.

Thanks to this, users operating GBP will avoid high costs of funds transfers and commissions related to currency conversions, and in addition they will gain a lot of time without having to wait for the deposit to be credited.

What does it mean to enable GBP deposits and withdrawals for users?

First of all, it is worth noting that cryptocurrency exchange BitBay does not charge any commission for making a deposit in GBP, therefore the only possible costs depend on the bank from which you make the transfer. If you operate in the British pound, you will also not have to waste valuable time on currency conversions through dedicated websites or exchange offices.

In addition to free deposits, the waiting time for adding funds to the balance on the stock exchange has been reduced to a minimum. Transfers in GBP will be booked 24 hours a day, 7 days a week. This is particularly important because we all know well how some course volatility can be demonstrated by some kryptowaluty. Faster posting of funds drastically increases our chances of purchase digital assets at a chosen price.

If you feel like withdrawing British pounds from BitBay, then you can easily execute the order for bills in the United Kingdom, the European Union and Russia.

BitBay is the best Polish cryptocurrency exchange according to the CoinMarketCap ranking

Less than two weeks ago, we informed you that CoinMarketCap (CMC) decided to launch a new cryptocurrency exchange scoring system, which by definition is to be more objective than the volume data provided by the exchanges. The overall assessment consists of parameters provided by websites tracking traffic. These include: impressions, unique users, bounce rate, average visit length, relative Alexa site ratings, as well as keyword strength.

According to the new ranking, BitBay is 24th among all platforms for trading digital currencies listed on CMC. This makes BitBay the # 1 stock exchange in Poland and provides a place at the forefront of European cryptocurrency exchanges.

If you don’t have an account on the BitBay cryptocurrency market yet, in this guide you will learn how to create it step by step.

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