BitBay was created in 2014 in Katowice. In 2015, the exchange system was improved to be more user-friendly, as well as first professional trading tools have emerged. In 2016, Bitbay started to work on BitBay 3.0 version of the platform and extended its team room just 13 to 70 people. In the meantime, Bitbay launched new products to trade such as BitcoinCantor and bitcoin payments. Bitbay won big accolades such as he Best Cryptocurrency Exchange 2017 at Cryptocurrency World Expo and The Best Cryptocurrency Exchange at Berlin Summit 2018.