B2B in Pay

B2B in Pay Review

B2B in Pay?

B2B in Pay is a coin exchange launched January 2018 that offers trading in all of the biggest cryptos. It also offers crypto-fiat trading pairs.

B2B in Pay operates in accordance with the following licences: (1) Licence to provide a virtual currency wallet service https://mtr.mkm.ee/taotluse_tulemus/502002 and (2) Licence to provide a service for the exchange of virtual currencies into fiat (https://mtr.mkm.ee/taotluse_tulemus/496742).

Institutional Grade Liquidity

B2B in Pay states on its website that they have “institutional-grade liquidity for cryptocurrency trading”. This term can of course be defined differently among different people. It would be better to look at this exchange with cold hard statistics. On 20 March 2020, B2B in Pay had a 24-hour trading volume of USD 11.6 million and was placed at no. 19 in Coinmarketcap's list of exchanges.

The trading volume on the date of last updating this review (2 December 2021) was USD 16.9 million. This is still not particularly impressive though and we hope - for B2B in Pay's sake - that the trading volume improves substantially.

APIs

B2B in Pay offers two types of APIs: WebSocket and REST. Through the API, users can get public information such as tickers, volumes, order books and trades on instruments, whereas private API offers trading opportunities and access to real-time balances and opened orders on demand.

Mobile Support

B2B in Pay offers a mobile application where users can monitor charts, order books, wallets, make deposits in crypto, have access to settings and monitor their balances and analyze charts quickly and easily. Most people do their crypto trading via desktop, but if you want to do it via mobile, it is thus possible here.

US-investors

US-investors may not trade here. The exclusion of US-investors is due to regulatory reasons. The US-legal regime imposes obligations on many companies that accept funds from US-investors. If you are a US-investor, don’t despair! Use our Exchange Finder or the filters in our Cryptocurrency Exchange List to find a trading platform that accepts you.

B2B in Pay Trading View

Different exchanges have different trading views. And there is no “this overview is the best”-view. You should yourself determine which trading view that suits you the best. What the views normally have in common is that they all show the order book or at least part of the order book, a price chart of the chosen cryptocurrency and order history. They normally also have buy and sell-boxes. Before you choose an exchange, try to have a look at the trading view so that you can ascertain that it feels right to you. The below is a picture of the trading view at B2B in Pay:

The exchange describes its trading platform as a “high-performance matching engine that includes dynamic and adaptive layout, multiple workspaces with various widgets, grouping of volumes, market depths, watchlists and other helpful features.”

B2B in Pay Fees

B2B in Pay Trading fees

Every trade occurs between two parties: the maker, whose order exists on the order book prior to the trade, and the taker, who places the order that matches (or “takes”) the maker’s order.

B2B in Pay charges different fees for takers and makers. For takers, their fees are 0.13%. Makers receive a discount and pay only 0.12%.

Both 0.13% for takers and 0.12% for makers are roughly in line with the current global industry averages. B2B in Pay also offer trading fee discounts for traders who reach a certain trading volume. For crypto-to-crypto trading, these trading fee discounts are as follows:

For crypto-to-fiat markets, the trading fee discounts are as follows:

B2B in Pay Withdrawal fees

This trading venue charges a withdrawal fee amounting to 0.0005 BTC when you withdraw BTC. This fee is below the industry average (global industry average is currently 0.0008 BTC for BTC-withdrawals). Consequently, B2B in Pay's withdrawal fee level is consumer-friendly.

Deposit Methods

B2B in Pay offers multiple fiat deposits & withdrawals methods. These methods include bank transfers (SWIFT, SEPA, Faster Payments), credit cards and various payment providers such as UPayCard and Epay.

There are 2 available fiat currencies for deposit: USD and EUR. The fee rate for deposits is 1.5% for all mentioned currencies with operations being processed instantly. The withdrawal fee for that payment system is 4%.