BitBay

BitBay platform is a unique decentralized trading platform that provides its participants with the opportunity to purchase and sell goods and services with virtually no fees. This cryptocurrency service, developed in Poland, offers users quick deposits, withdrawals, secured transactions, and extended trading tools. BitBay is one of the few resources intended for the conversion of fiat and international currencies, with the possibility of trading using the Polish zloty (PLN). For residents of Poland, a debit cards “Visa” and “MasterCard” are issued with all available cryptocurrencies reflected on the account. Users can withdraw money from ATMs, pay for purchases at retail outlets, as well as visiting restaurants using it. Cash withdrawal of PLN in the Polish terminal will cost 10 zlotys, with an amount from 100 to 1000 zlotys or 20 zlotys for receiving larger amount. The advantage of Bitbay is that in fact the most part of users don’t need to pass account verification. This aspect applies to users trading up to 150,000 euros. Almost all transactions have a commission of 0.43%. This value depends on the amount of bidding, and as it grows, the interest charged decreases by 0.01. The reduced commission rate is 0.25%. This rate is intended for exchange participants, whose trading volume for the previous 30 days exceeded the amount of PLN 3.5 million, which is equivalent to US $ 1.67 million or EUR 875,000.