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BitBay BitBay is based in Poland and opened on March 29, 2014. BitBay is a fast and secure cryptocurrency exchange supporting Bitcoin, Litecoin, fiat currencies (PLN, EUR, USD).

Smart contracts

The general concept behind Smart Contract technology was first conceived by Mr. Nick Szabo in the mid 1990’s. Since that time, there have been many software engineers, theorists, and cryptographers working diligently to crack to code and find the best way to make this dream a reality. Fast forward 20 years, and individuals such as David Zimbeck, Peter Todd and others have begun to fulfill their dreams. At a basic level, contract security can be based on what programmers would call an “if-then” statement, but instead of taking place in strictly computer software, these statements can resonate into the real world and become completely unbreakable through Satoshi’s Blockchain technology. When BitBay’s pre-programmed conditions are triggered, the smart contract executes the clause and everything appears directly on the Blockchain for the world to see and verify.

Extra informationInformation

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E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.
Fees (%): 0.34
Address: BitBay Sp. z o.o.

ul. Zacisze 2/6 40-025 Katowice

Hotline: 0 801 066 392 Landline: +48 32 493 13 15

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security Security

SSL­encrypted connection with the platform.

Encoded disk on which databases, backups and cryptocurrencies wallets are stored.

Cold wallets
100% of funds of our customers is being stored in encrypted cold wallets.

We perform all backups according to the 3-2-1 principle (Disk-to-Disk-to-Cloud)

We offer a few ways to keep your account secure such as SMS token or the Authenticator Google.

Transfers authorization
Transfers must be authorised by the minimum of 2 employees

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