Not long ago, Bitcoin was considered to be a fad and an over-inflated bubble that would one day pop. Twelve years later, it still hasn’t. On the contrary, many corporations, institutions, billionaire investors and tech entrepreneurs are buying billions of dollars worth of bitcoin.
As the rest of the world rushes in to buy bitcoin, they find themselves with one major obstacle: Bitcoin is notoriously difficult to understand and invest in. So how can Canadians buy bitcoin in Canada?
For starters, there are many apps, websites, TikTokers and influencers that claim they know the best way to buy bitcoin—but be careful. When it comes to buying bitcoin, Canadians need a reliable and compliant crypto trading platform. This is where Netcoins comes in.
Netcoins offer Canadians an easy way to buy Bitcoin, Ether, Litecoin or any other cryptocurrencies they offer. You simply need to create an account, fund it with e-transfers (0% funding fees) and start trading. Other funding options include online bill payment, bank wire transfers or crypto deposits.
When you’re ready to buy, select “buy bitcoin” (or any other crypto of your choice), enter the amount you’d like to purchase (for example, $10, $100 or $10,000), and click the buy button. That’s it. You can buy bitcoin with as little as $10, because of the fact that it’s highly divisible.
Selling follows the same process. Simply click “sell” to convert your crypto back to Canadian dollars in minutes and enjoy free cash withdrawals.
Investors can also take advantage of instant orders, limit orders (where you pre-set a price to automatically buy/sell a cryptocurrency), and price alerts (where you are notified of price changes instead of staring at the price of crypto all day long) on the Netcoins platform.
What sets Netcoins apart from other crypto exchanges is the fact they’re owned by a publicly traded company and that it’s an “open loop system,” meaning that both Canadian dollars and cryptocurrencies can flow in and out of the platform.
In addition, Netcoins became the first publicly-owned, fully regulated crypto trading platform in Canada on Sept. 30, 2021. Learn more about what this means for consumer protection, the crypto industry and Canada.
For Netcoins, it’s all about being open, transparent and available to help Canadians buy Bitcoin or any other cryptocurrency in Canada. There has never been a safer, more compliant, or easier way to buy Bitcoin in Canada than with Netcoins.
Netcoins is registered with FINTRAC, a licensed Money Service Business, and is owned by publicly traded company BIGG Digital Assets (CSE: BIGG) (OTCQX: BBKCF).