BitBay Exchange was founded in February 2014 and is registered in Poland. It holds the distinction of being Poland's largest Bitcoin trading platform by volume.
Key Features of BitBay Exchange
- Founding Year: 2014
- Headquarters: Poland (later relocated to Malta in 2018)
- Primary Market: Central and Eastern Europe
- Founder: Sylwester Suszek, a cryptocurrency advocate and financial industry expert
Market Performance
As of recent data, BitBay recorded a 24-hour trading volume of approximately $46.9 million. The exchange supports:
- 44 cryptocurrencies
- 138 trading pairs
- Spot trading and fiat gateways
BitBay ranks among the top exchanges in Central and Eastern Europe, serving over 200,000 users.
Historical Milestones
2014–2016: Early Growth
- Launched in Katowice, Poland, focusing on Bitcoin and Litecoin trading.
- Released BitBay 3.0 in 2016 with enhanced tools and support for Ethereum, Lisk, and other altcoins.
- Expanded team to 70 employees and opened an Amsterdam office.
2017–2018: International Expansion
- Announced entry into the Indian market as the first international exchange offering altcoin pairs.
- Moved operations to Malta for a more crypto-friendly regulatory environment.
Leadership
Sylwester Suszek returned as CEO in 2018 under BB Trade Estonia OÜ, licensed in Estonia.
User Experience
BitBay’s website is well-designed, featuring a detailed Help Center for troubleshooting. Users are advised to:
- Check the Help Center for solutions.
- Contact customer support if issues persist.
👉 Explore BitBay’s trading tools
FAQs
Is BitBay safe?
BitBay operates under Estonian licensing and adheres to European regulatory standards.
What currencies does BitBay support?
It supports 44 cryptocurrencies, including BTC, ETH, and LTC, with PLN and EUR fiat pairs.
Why did BitBay move to Malta?
Malta offers clearer cryptocurrency regulations, ensuring compliance and user protection.
BitBay combines local market dominance with global aspirations, making it a notable player in the crypto exchange landscape.