If you are interested in getting Bitcoin into your hands quickly then we suggest signing up for an account with Paxful. It’s a peer-to-peer marketplace for buying and selling Bitcoin. The most popular payment method used to buy Bitcoin on this site is pre-paid credit cards as sellers of Bitcoin don’t require you to provide any ID and you can easily pick one up at your corner store. Of course other methods of payment are available as well like PayPal, Interac e-Transfer, Cash Deposit, Western Union and MoneyGram.
When you place a trade the seller’s coins are taken from their Bitcoin wallet and held in Escrow while you communicate with them through the chat window to provide the info they need to approve and/or process your transaction. Once the seller has received the funds they will release your Bitcoin from escrow and they will automatically and instantly appear in your Paxful wallet for your to store or transfer out elsewhere.
QuadrigaCX has now introduced Express Withdrawals via Interac e-Transfer or direct bank transfer. For a small fee of 1.5% for e-Transfer and 2% for direct bank transfer your funds are guaranteed to arrive within 24 hours for e-Transfer and 1 business day for direct bank transfer (EFT). This is extremely convenient for those who need to trade their bitcoin for cash in a hurry. Express withdrawals is just another option that sets QCX apart from its competitors.
With the recent uptick in the interest of bitcoin, and increase in value that comes with it, QuadrigaCX maintains its leading position with 1,000+ 24hr volume, dwarfing the competition. Volume, liquidity and security remain to be the core reasons why QuadrigaCX is Canada’s best bitcoin exchange.
Bitcoin Faucets are sites that give you FREE Bitcoin for performing some sort of an action. They are able to give away bitcoin for free due to the revenue generated from advertising revenue which is monetized by cost-per-thousand impression or cost-per-click revenue models. Irrespective of the model which is used to sustain the site, these sites are legit and do give away free bitcoins. Here are some that you may want to test out:
Tim Hentenarr’s Blog: www.hentenaar.com
Bitcoin Town: www.bitcoin.town
Daily Bitcoins: www.dailybitcoins.org
Bit Hits: www.bithits.info
Robot Coin Game: www.robotcoingame.com
Tree Bitcoin: www.treebitcoin.com
Stars Bits: www.starsbit.com
You can now buy and sell bitcoin online with Coinbase in Canada. They have partnered with Canadian payment processor, Vogogo and offer 2 funding options that include Electronic Funds Transfer (EFT) where you link your bank account and they pull Canadian dollars from it if you are buying or push funds to if you are selling. The other option exclusively for buying is Interac Online, it’s the instant funding method supported by major banks and credit unions such as BMO, RBC, Scotia, TD, Envision Financial, Libro Credit Union and Windsor Family Credit Union. No ID verification required for daily transactions up to $200. If you follow this special promo link you’ll also receive $10 back in BTC after you make your first deposit of $100 or more: www.coinbase.com
For more information on Coinbase visit www.CoinbaseReview.com
We are excited to announce that BittyBot.co has added the CAD market to its site.
For those of you that are unfamiliar with BittyBot, it’s a Bitcoin Price Comparison Website that is used by both bitcoin newbies and seasoned traders. The site aggregates bitcoin price data from an extensive list of Canadian and Canadian Dollar exchanges and marketplaces. This gives those looking to buy, sell, trade and do arbitrage a one-stop resource to view everything at-a-glance so that you can take advantage of the best opportunities available, with the payment method you prefer.
Since trust is also very important, BittyBot pulls together rating and feedback scores from various reputations systems so you know exactly who you’re dealing with, their mission is to save you time and money.
Bitcoin Hits $400 CAD on QuadrigaCX.com .
Here are some of the most popular bitcoin ATM locations in Downtown Vancouver:
Kanata Tech Computers – 1425 Marine Dr, West Vancouver
Steamrollers – 1195 Robson Street, Vancouver
Lost and Found Cafe – 33 W Hastings St, Vancouver
Waves Coffee House – 900 Howe Street, #100 Vancouver
If you know of any others feel free to comment and we’ll add them.
While most governments have been taking steps to regulate the bitcoin industry and others declaring a completely close-minded stance against digital currencies, Canada’s Senate decided to vote against bitcoin regulation. The Canadian Senate’s Banking, Trade and Commerce (BTC) committee released its findings last Friday and asked the federal government to use a “light touch” in dealing with digital currencies.
QuadrigaCX Bitcoin Exchange now lets you withdraw your cash to a virtual VISA card that can be used at pretty much any online merchant that accepts VISA as a payment method. Virtual VISA card withdrawals are issued in $25, $35, $50, $75, $100 and $200 denominations and you can withdraw as many as your balance permits.
This is a great option for those that:
1. Want to spend their earnings from bitcoin online but want to remain anonymous – as you don’t need to be verified with QuadrigaCX bitcoin exchange to withdraw Canadian or U.S. dollars.
2. Need to have credit card on file with a particular service but don’t want to use their own.
3. Want to test a product online but avoid re-billing
4. Would like to link it to a PayPal account
If there are some other benefits we have missed feel free to comment below and we’ll add them.