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Bitbuy announced adding HBAR to its exchange platform, launching the token in Canada for users to trade. Withdrawal and deposit functions are currently unavailable; however, customers can expect both features to go live as soon as possible. This has caused a surge in the valuation of HBAR tokens.
The community has responded positively to the development, with most members saying that they are excited to have access to HBAR trading finally.
As for the token valuation, HBAR is up by 13.61% in the last 24 hours, at the time of articulating this piece. It further reflects an increase of 11.83% in the previous seven days and 81.82% in the last 30 days. The 24-hour volume is down by 36.94%, but that could be a hint that users want to hold on to their share.
Based in Canada, Bitbuy is a crypto exchange platform with more than 25 cryptocurrencies available. It does not sport a native cryptocurrency, but it does support the Canadian dollar. Its services are accessible to the country’s residents and citizens only in Canada. Tokens other than HBAR that can be accessed in Bitbuy are Bitcoin, Ethereum, Bitcoin Cash, Stellar Lumens, and Ripple, to mention a few.
Customers who already have an account on the exchange platform can directly start trading the token. Customers who have yet to create an account are first required to visit the official website and register themselves. One can make themselves aware of the features of Bitbuy by going through our Bitbuy exchange review. The signup process is pretty seamless, beginning with the ‘Get Started’ option and ending with account creation. Submission of documents may be required in case the instant verification process does not yield a fruitful result.
This is a major development for the HBAR Foundation, for it gains access to a new market. Thus strengthening its mission of expanding across the globe. Getting listed on Bitbuy adds to the previous development wherein the HBAR Foundation welcomed VR Jam to its network. The migration originated from Polygon and concluded on Hedera, fueling the launch of a new AI product line by VR Jam. Moreover, it entails a complete integration with HTS, short for Hedera Token Service.
Bitbuy, the best Canadian crypto exchange, previously announced that it would reward its customers with $30. All they had to do was register on the platform and start trading. Additional crypto rewards announced were linked to crypto staking functionality.
$HBAR is now available on Bitbuy. Canadian citizens and residents can trade the token by creating an account on the platform. Soon after an official announcement, the deposit and withdrawal features will be available. It is also important to note that Bitbuy has no plans to host a crypto-airdrop at the moment. Fake emails and messages are likely to suggest otherwise. Airdrops, if any, and at any time, will be announced only via official channels—social media and the website.