Buy Bitcoin with Interac e-Transfer in Canada

MyBTC.ca has now added the ability for you to buy Bitcoin on with Interac e-Transfer which is offered by almost all Canadian banks & credit unions.

How can I buy Bitcoin with Interac e-Transfer today?

Step 1. On the homepage select “Buy Now” under the Interac e-Transfer payment option to start the account and order creation process.

Step 2. Enter your profile information and then complete any 2 methods of identity verification presented on the verification page. If you have already completed 2 methods of identity verification then skip to the next step.

Step 3. If you have a balance you will be able to complete the transaction that same instant. If you do not have a balance, start the account funding process by requesting the Interac e-Transfer instructions to be emailed to you.

Step 4. After you have sent the Interac e-Transfer, following the special instructions they provide, it will take approximately 1-2 hours (up to 12 hours in rare instances) for compliance to review and their payment processor to deposit. Once the funds have been added to your account balance you will receive an email notification advising you to create a new order and instantly complete the transaction for your Bitcoin.

If you only pass 1 of 2 verification methods, the next best solution is to buy Bitcoin using Interac Online or Flexepin vouchers.

Interac Online is only compatible with client cards without a Visa/MasterCard logo on them. Therefore, Interac Online still works with older TD client cards and those issued by numerous participating credit unions featured on this page: http://interac.ca/en/interac-online-consumer.html

You can purchase Flexepin vouchers online at TopMeUp.ca with Interac e-Transfer or Visa/MasterCard debit to redeem on MyBTC.ca for Bitcoin.

You may also purchase Flexepin vouchers at any Canadian Tire Gas bar, Hasty Market, Daisy Mart or at 4,000+ other locations nationwide. Locate the nearest Flexepin retailer here: https://mybtc.ca/flexepin-voucher-purchase-locations

Sell Your Crypto for e-Transfer

FastBTC.ca strive’s to offer what every other crypto service seems to be failing miserably at: BLISTERING FAST INTERAC E-TRANSFER PAYOUTS!

Their service allows you to sell Bitcoin (or altcoins through their Shapeshift and Changelly integrations) and receive an Interac e-Transfer within 30 minutes, 24/7.

Here’s a concise list of their features and benefits:

  1. No Signup Required – All you need is an email address to receive your payment.
  2. Single Confirmation Payouts – Get paid FAST. Your rate is locked in the moment they see your transaction, and it’s sent the moment it confirms.
  3. Altcoins Accepted – Use their integrated Shapeshift and Changelly services to sell over 60+ altcoins for Interac e-Transfer.
  4. 100% Security By Design – Since all transactions are processed immediately they don’t offer BTC wallets, your coins can never be stolen.
  5. 2-Step Simplicity – They like being Fast, so they made the whole process that way. Simply enter your email address to receive a BTC deposit address, then send your transfer over.
  6. Live Chat – Their service is so simple that you should never have any issues. But, if you do, knowledgeable agents are waiting to help you out most of the day.

Want some cool ideas on how you can use their service?

  • Once you create a deposit address, it’s linked to your email address and you don’t have to come back. Any BTC sent there will be automatically converted into an Interac e-Transfer at the current rate.
  • Prefer to use a different deposit address every time but want to see your entire history? Register for an account and that’s exactly what you’ll get.
  • You can give your deposit address out to friends and clients. Think of it as your personal gateway from BTC to CAD. You’ll receive an e-Transfer for any BTC that gets sent to your address, even if you aren’t doing the sending.
  • Protip: Enable Interac e-Transfer autodeposit at your bank and make cashing out a 1 step process!

One last thing! Because they love BuyingBitcoin.ca readers, they are offering you guys a promo code to reduce your fees by 10-20% (depending on market conditions). Below the email address field, click “I HAVE A PROMO OF REFERRAL CODE” and enter MYBTCBONUS for a bonus rate! But be quick, the offer is only valid until the end of this month! FastBTC.ca

Buy Bitcoin: CIBC, Scotia & Simplii

You will be pleased to know that MyBTC.ca has added a new Instant Debit payment method that helps customers who bank with CIBC, Scotia & Simplii Financial buy Bitcoin in seconds on https://mybtc.ca.

Payment using Instant Debit is performed by logging into your online banking over a secure payment gateway for instant authorization and debit of funds from your bank account to MyBTC.ca as the merchant.

How can I buy Bitcoin today?

Step 1. Create your order: https://mybtc.ca/buy-bitcoin-with-instant-debit-canada

Step 2. Navigate to the verification section https://mybtc.ca/verification and submit the Photo ID & Address verification requirements — agents are online and available to have you verified ASAP

Step 3. Navigate to the homepage and start your order with Instant Debit by pressing the “Buy Now” button

Step 4. Create your order by entering the amount of Bitcoin or Canadian dollars you would like to process for along with your Bitcoin wallet address, phone number and SMS PIN; sent via text message

Step 5. Select your account type, institution, and enter your 5 digit transit number, account number (usually 7 digits) and proceed to pay by logging into your online banking through a secure payment gateway.

Step 6. Complete payment for your order

If you do not have an account with CIBC, Scotia, Desjardins, Simplii Financial or National Bank, the next best solution is to buy Bitcoin using Interac e-Transfer or Flexepin vouchers.

You can purchase Flexepin vouchers online at TopMeUp.ca with Interac e-Transfer or Visa/MasterCard debit to redeem on our site for Bitcoin.

You may also purchase Flexepin vouchers at any Canadian Tire Gas bar, Hasty Market, Daisy or at 4,000+ other locations nationwide. Locate the nearest Flexepin retailer here: https://mybtc.ca/flexepin-voucher-purchase-locations

Canadian Exchange Prepared for Hard Fork

QuadrigaCX XBT Hard ForkQuadrigaCX is the only Canadian exchange of nearly 20 that has committed to a contingency plan in the event that the bitcoin network splits in two, creating two competing currencies.

These exchanges are now planning to list Bitcoin Unlimited (BU) as they would an alternative cryptocurrency, according to the statement. BU is an alternate implementation of the bitcoin software that seeks to expand the block size in an effort to scale the network’s capacity.

The plan is backed by Bitfinex, Bitstamp, BTCC, Bitso, Bitsquare, Bitonic, Bitbank, Coinfloor, Coincheck, itBit, QuadrigaCX, Bitt, Bittrex, Kraken, Ripio, ShapeShift, The Rock Trading and Zaif – the exchanges would list the BU asset under the BTU or XBU tickers in the event of a network split, which they collectively say “may be inevitable”.

Read the full article here on Coindesk: http://www.coindesk.com/bitcoin-exchanges-unveil-emergency-hard-fork-contingency-plan/

Bitso Partners with Canadian Paycase

PaycaseCryptocurrencies such as Bitcoin and Dash have a big role to play in the future of remittance payments. Cryptocurrencies are easy to transfer across the globe without being hindered by banking requirements. Bitso, one of Mexico’s largest bitcoin exchanges, has created a Mexico-Canada remittance corridor with the help of Paycase. Moving funds from bank accounts between the two countries by using blockchain technology is now an official feature.

Read the full article here: http://thedashtimes.com/2017/03/12/bitso-creates-cryptocurrency-based-remittance-corridor-mexico-canada/

 

QUEBEX FINTECH Inc. Launches 1st Canadian P2P Bitcoin Exchange

Screen Shot 2017-02-23 at 4.35.51 PMQUEBEX FINTECH Inc. has just launched the first Canadian P2P Bitcoin Exchange at www.Quebex.com. Canadians now have a safer way to buy and sell Bitcoins.

Unlike other P2P Bitcoin exchanges, users who register with Quebex face a rigorous vetting process with many layers of security checks to help weed out bad actors. Since implementing their current verification policy in late 2016, Quebex has seen hundreds of trades without a single instance of fraud.

Quebex is also a federally registered Money Service Business with FINTRAC. Their registration with FINTRAC should reassure clients that we take exhaustive precautions to ensure that the Bitcoins you buy come from legitimate sources. By adhering to these standards and proactively monitoring transactions, Quebex is making Bitcoin trading safer for everyone who uses its services.

A P2P exchange is a marketplace where users can buy and sell Bitcoins directly to and from each other.The site allows users to post advertisements where they state exchange rate and payment methods for buying or selling Bitcoins. Bitcoin prices and fees on www.Quebex.com have traditionally been much lower than on competing sites.

Accepted payment methods include:

InteracTM Online, InteracTM Email Money Transfers, Cash, Wire Transfers, Bank Deposits and PayPal. More payment options are coming soon. Sign up at: Quebex.com

Buy Bitcoin w/ Flexepin Voucher

Bitcoin with Prepaid CreditIn addition to accepting prepaid non-reloadable credit cards, www.MyBTC.ca now accepts Flexepin Vouchers.

Flexepin vouchers can be purchased with cash or debit at 4,000+ Retail Purchase Locations Canada-wide: https://mybtc.ca/flexepin-voucher-purchase-locations . Once you have purchased your Flexepin voucher featuring a unique 16-digit code, you can redeem it on www.MyBTC.ca to buy Bitcoin immediately.

Bank of Canada Bitcoin Paper

Bank of CanadaThe central bank of Canada has published a new working paper that suggests its researchers believe digital currency exchange rates will become less volatile should adoption increase.

Penned by researchers Wilko Bolt (of the central bank of The Netherlands) and Maarten RC van Oordt (of the Bank of Canada’s Financial Stability Department), the paper offers a possible “economic framework” for exchange rate analysis. Published on 18th August, it further represents the latest work from a major central bank, following growing interest from this segment of the financial community in recent months.  Read full paper here: Bank of Canada Bitcoin Paper

Bitcoin ATM Niagara Region Locations

Bitcoin ATM NiagaraHere are some of the most popular bitcoin ATM locations in the Niagara Region:

The Head Shop Barber Shop – 20 Hartzel Road, St. Catharines

Big Bee Grocery and Food – 5869 Main St, Niagara Falls

If you know of any others feel free to comment and we’ll add them.

MyBTC.ca – Buy Bitcoin with Prepaid Credit Card

Bitcoin with Prepaid CreditMyBTC.ca gives consumers the opportunity to buy Bitcoin in seconds with prepaid non-reloadable credit cards without having to undergo ID verification.

How to Buy?

Step 1 – Purchase a prepaid non-reloadable Visa, MasterCard or Amex credit card sold at several locations near you and thousands nation-wide. Popular retailers include 7-11, Shoppers Drug Mart, your nearest corner store & many more: VanillaPrepaid.ca

Step 2 – On the “Buy Bitcoin” page of www.MyBTC.ca you enter the exact amount of Bitcoin you want to buy or the dollar amount that you would like to process the card for. You are then prompted to enter a Bitcoin wallet address you want to send the Bitcoin to followed by your phone number for mobile PIN verification. Once verified, simply enter your prepaid non-reloadable credit card information, press “Pay”, and your Bitcoin will be sent. It’s that easy! www.MyBTC.ca

Page 1 of 812345...Last »