The cryptocurrency industry has experienced a substantial boom over the past year, with Ethereum growing in value over 900% since the start of the year, and Bitcoin currently over 300% (at time of writing).
The growing interest from the general public around buying bitcoin and other cryptocurrencies has made it even more crucial for Canadians to search for a trusted crypto trading platform.
The good news is that what was previously a relatively unregulated space is now starting to grow and mature into one that places a stronger emphasis on consumer protection.
Interestingly enough, while many online crypto brokerages are now licensed Money Service Businesses under the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC), Netcoins takes it a step further. By registering as a restricted dealer in Canada, they must now adhere to stricter guidelines set out by Canada's regulatory bodies.
Now, Netcoins is Canada’s first publicly owned, fully regulated crypto trading platform. This means you have an additional level of consumer protection when you invest with Netcoins.
While it may have been a challenge to buy bitcoin in Canada a few years ago, today, the process has been streamlined to make trading easier, safer and more efficient for everyday investors.
Netcoins makes it easy for Canadians to buy and sell bitcoin, ethereum and other cryptocurrencies in four simple steps. Simply create an account at Netcoins.ca, verify your identity, deposit Canadian funds and start buying bitcoin (or other cryptocurrencies of your choice).
Funding is almost always instant with Interac e-transfers. Users can also choose to fund via bank wires, online bill payments or a crypto deposit. The best part is that Netcoins doesn’t charge funding fees.
Trading is easy with Netcoins currently offering nine different cryptocurrencies, with plans to add more in the near future. So if you’re looking to buy bitcoin, buy ethereum or any of the other cryptocurrencies offered, all you have to do is enter the amount you’d like to purchase and confirm your trade. It’s that simple.
As one of Canada’s most experienced crypto companies, Netcoins is passionate about helping you invest in your future. That’s why they are on a mission to make it easy for you to buy and sell cryptocurrencies in a trusted environment.
To learn more and buy bitcoin, ethereum and other cryptocurrencies, visit Netcoins.ca.