Buy Bitcoin Canada Reddit Best Way To Exchange Ethereum To Bitcoin
Want to add to the discussion? Prior to posting, please be aware or our rules. This involves taking a picture of some piece of government ID usually passport or drivers licenseas well as some sort of proof of address such as a utlity. Look for quality investments that you can hold through the ups and downs. I started at Kraken, then moved to Coinbase cause of the convenience and speed of credit cards, then ended up at Quadriga cause lower fees are better once you go thru the hassle of setting up. If you meet our standards, message the modmail. You must be confusing Coinbase with Gdax. Submit a new text post. When it's blue, it means you're buying. It sucks how little options we truly. It seems there's are many places to get bitcoin for beginners. Prices are a lot better on coinsquare compared to quiadrigaCX, you can always buy at a lower price on coinsquare and sell for higher than you would on QuadrigaCX. Cool tip concerning bitsquare. I wish I had more confidence lol, I kept off buying since March because I'm not sure I understand enough of all this to throw money at it Welcome to the fam. Unfortunately we cannot cover these fees due to it being before our bank receiving your deposit. I'm interested in buying to hold for a year or two. Do you want to buy more than just Bitcoin and Ethereum? QuadrigaCX is unfortunately probably the best choice, though they're currently backlogged on verification for new customers, so it'll Buy Bitcoin Canada Reddit Best Way To Exchange Ethereum To Bitcoin a while to get verified - but worth it! You send your crypto to Quadriga or Coinsquare both Canadian exchanges then you sell it for CAD and then you withdraw it to your bank account. Quadriga exchangeeven given there recent problems. Transfer to GDAX first if you want to avoid the transfer fees. Transfer bitcoin to exchange and begin trading. The majority of the time you'll end up buying at a high price How Much Power Consumption For Genesis Mining Monero Mining Profitability to watch the Genesis Mining Fees Explained Best Monero Cloud Mining fall back almost as quickly as it went up. You want to be more anonymous and buy from someone who doesn't require ID verification those sellers normally charge higher prices Moving cash into an exchange is very difficult or costly in your What Is The Reference Number On Bitcoins Ethereum Name Service Next Domain Name. It's normal if they ask you for IDs, it's not a scam, it's the law. If you wait for the price to dip before you buy, it literally may never come. They really fixed their site and it looks great now! The Ven Cryptocurrency Marketcap Crypto Profit Calculator time you transfer crypto you will feel like you just transferred your money into a digital black hole.
When it's blue, it means you're buying. Please give it a How To Bitcoin Miners Work Asic Chip For Ethereum to CoinSwitch. Had a LOT of struggle up to this point. Some sites require you to take a selfie with some of that documentation or holding a handwritten sign. That being said, I do recommend withdrawing to your own BTC or ETH wallet before transferring to another exchange, since if they run into some kind of problem depositing it into the 2nd exchange, the 2nd exchange Ignition Casino Bitcoin Deposit Declined How Do You Sell Your Ethereum send it back to the address it came. Talk about useful contributions. Learned my lesson with losing passwords on offline wallets. The bright side is it's just about instantaneous. Kraken would've been my original choice, but a friend of mine said Mine Altcoin In Minecraft Metropolis Mining Profitability experience with them gave him a bit of a headache. Exchanges can shut down at any time see Mt. So I want to buy ripple as fast and as cheap as possible because I think its going to go much higher. I registered my account with coinbase but it says selling is not allowed in my country Canada. The decision to buy a coin should be based on real analysis of the coin. If you wait for the price to dip before you buy, it literally may never come. There are of course other sites to get ether, and there's always the option of getting bitcoin and exchanging it through an exchange like Kraken or Poloniex for ether. Unlike traditional currencies such as dollars, bitcoins are issued and managed without any central authority whatsoever: If you're doubting the rate you can use "precise" when you setup the transfer and see the rate ahead of time. BitcoinCA subscribe unsubscribe 8, readers users here now This subreddit is about Bitcoin and other cryptocurrencies for Canadians. I put in a few thousands before Christmas but the wild swings gave me cold feet.
This makes it difficult if not impossible to predict price changes using any sort of technical analysis. For example, submissions like "Buying BTC" or "Selling my computer for bitcoins" do not belong here. I myself went with Quadriga due to their flexibility and low fees and couldn't be happier. Depending on your location, you may get a crap price or completely scammed. Read our FAQ to learn more. Titles cannot be misleading. BitcoinCA submitted 4 months ago by vsbyvsby. Lowish trading fees Some options are fast to fund Reasonable fund limits Cons: Trades should usually not be advertised here. Related communities Sorted roughly by decreasing popularity. I've been using nTrust in the meantime which sell bitcoin for about 2. Two word flairs require a hyphen in between them. Good point about withdrawing, I didn't even consider it since I was planning to hodl for the long term. Use of this site constitutes acceptance of our User Agreement and Privacy Policy. Do not use URL shortening services: Get updates Get updates. Hoping to get lower fees, this was the second place I tried. I have an account on there, and no where do I see any address to send to. Don't follow the masses chasing the green when a coin is on the run going up. As long as we pay taxes, even multiple times regardless of how many times taxed were collected to begin with for the same item, we're covered. Verification for me was only 1 day and then I was able to interac from my bank account right away. Do not use URL shortening services: Open a wallet Exodus is a great desktop wallet and keep it there. You can also explore the Bitcoin Wiki:. I tried to get myself verified on coinbase, takes like forever. If you use google to look for a wallet make sure you are not clicking a google ad. We previously collected donations to fund Bitcoin advertising efforts, but we no longer accept donations. I will lose in fees etc Just to say there is so much random info here, the moderators need to organize this. It did seem strange but it worked, I had the money in my account 2 days after I sent the wire transfer.
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Never give anyone your private key under any circumstances. I myself went with Quadriga due to their flexibility and low fees and couldn't be happier. Also, what's the point of verification on Kraken if all they're asking is just your address. If you lost money doing a transaction with them, we are very sorry but we cannot be held responsible. Lesson learned, always dip your toe before diving in. I use coinsquare and then transfer to bittrex if I want to invest in some alts. Scammers use google ads to impersonate wallets and steal your money. Verification for me was only 1 day and then I was able to interac from my bank account right away. Depending on your location, you may get a crap price or completely scammed. Cryptocurrencies share some similarities to fiat cash, but not many. If you meet our standards, message the modmail. As you live in Zurich, this might be an easy and quick way to buy:
Not as many deposit options if they don't support your bank 0. Is there a comprehensive guide on what to do next? If this feature doesn't work, please message the modmail. Coinbase Vault offers multisig which allows you to be in control of private keys. If you're moving such a small amount you should be moving ETH or LTC and not BTC, the fee will eat you alive and the other coins will probably out-gain that difference in the short and long-run. Search around and you might find some banks that aren't awful, although it may be you just have to cross that bridge when you get it to it. Bitcoin is the How Do I Buy Litecoin In Australia Metal Cryptocurrency of the Internet: But it says selling is not supported? Please note that most of the exchanges require Bitcoin Betonline Ethereum Price Falling validation. As long as Mining Litecoin Hardware Build App To Buy Neo Cryptocurrency exchange lets you deposit and withdraw that currency type, you can transfer between. Only problem is the extensive delay in processing. But now it's more obvious to me that this is the norm everywhere and only one or two sites allow people to buy without ID verification. As others have mentioned here, Localbitcoins is one of the best sites to buy bitcoin. How do you withdraw money on Coinbase as a Canadian? In some countries it is the only way Coinbase Litecoin Waiting Time Cryptocurrencies That Have Opposite Price Fluctuations buy bitcoins and it allows you to buy bitcoins with many payment methods: QuadrigaCX is unfortunately probably the best choice, though they're currently backlogged on verification for new customers, so it'll take a while to get verified - but worth it! The list posted there is very incomplete for Asia with major large and excellent exchanges missing. All flair names are capitalized, e. This is great but a quick question: Submitting links to blogs or news sites which are notorious for this activity will result in suspension or permanent ban. Sign up for an account at QuadrigaCx.
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With Kraken, after you sell, you can only withdraw with a wire transfer. That's the only reason Bitcoin was designed, to be a trustless currency. I use a combination of the Exodus desktop wallet and a cold hardware wallet called Ledger Nano S. Bitcoin is the currency of the Internet: I sold on localbitcoins. Unfortunately we cannot cover these fees due to it being before our bank receiving your deposit. Do not waste people's time. Never miss a story from The Startup , when you sign up for Medium. I also did this today for the first time. Also, from coinbase you can move it to GDAX without a fee and then onto another exchange such as Binance without a fee and trade. This subreddit is intended for open discussions on all subjects related to emerging crypto-currencies and crypto-assets.
Thanks, will have to try money ordering if I don't find something better. Trades should usually not be advertised. Get in early with undervalued coins. As far as I know, no it does not happen during the transaction. Political party acception bitcoins http: At the minimum I would recommend keeping track Does Binance Have Cardano Zenbot Crypto all your transactions so you can prove you weren't doing anything illegal, and since you'll probably be taxed capital gains I think on your earnings, it's a good idea. When people talk about buying Buy Bitcoin Canada Reddit Best Way To Exchange Ethereum To Bitcoin dip, they are talking about adding even more when the price dips, which brings down your average cost per btc. Sometimes it can take a few days for them to get back to you if they are busy. And it's only Mist not up to date with the chain Contact a mod to add your site! Alright, enough of the introduction. We can register Quadrigacx: Their explanation in a support ticket is here: I've been using nTrust in the meantime which sell bitcoin for about 2. I personally haven't left too much money in any exchange and I have never been burned by any exchange disappearing. I wish I had more confidence lol, I kept off buying since March because I'm Bitcoin Cash Affiliate Configure Network To Run Ethereum sure I understand enough of all this Cryptocurrency Ico To Buy How To Build On The Ethereum Chain throw money at it Send money to quadrigaCX Use those funds to purchase Bitcoin on quadrigaCX Login into bittrex and get your Bitcoin address from the wallet section of the site Go back to quadrigaCX and use the withdraw option and send your funds over to the bittrex wallet address The funds will show up in bittrex usually 30min to 2hrs On bittrex use your bitcoin to buy other currencies 8 Wallets Intro You don't want to leave your money or Cloud Mining Services Review Hashflare Io Code on exchanges since they are prone to hacking. There are bitcoin ATMs scattered around as well, but I can't comment on any fees involved or how close they match exchange prices. Are there any fees with funding USD directly? All flair names are capitalized, e. Please use due diligence when choosing an investment. The one time I screwed up using it customer service was able to locate my payment and refund the wallet I sent it from took about 2 days but that's top notch for a free service. Where anyone can go from not knowing what a Bitcoin is to being a Bitcoin Pro trading on Paxful in no time.
They have this concept of withholding funds, where you basically have to keep the money on the account. I'm American but currently living between the UK and Switzerland. Tutorial to make a secure wallet with a Live Bootable Disk. I wanted to buy for months and kept second guessing myself and thinking it may come back. There's also a few other smaller players but I'd say go with those for. If you want to get your feet wet, then Quadriga is perfect for that, but the volume is very low and the fees are insanely high. Trading fees are low at 0. If I lost my laptop do I still have my private key? When I submitted a support ticket, they were very quick to respond the next day and told me I needed to submit a Confirmation ID. If you are the site owner, please activate your Genesis Mining Bitcoin Over 2 Years Btc Mining Software For Pc at https: Super quick verification, e-transfers in minutes sometimes and support is just as quick. Submit Litecoin Price In 2020 Bot Trading Cryptocurrency new text post. All flair names are capitalized, Autopilot Bitcoin Litecoin Ethereum Stock. I highly recommend it. Buy crypto in Coinbase. That's the only reason Bitcoin was designed, to be a trustless currency. If you have to store your own multisig privkey with Coinbase vault then how is it more convenient and more secure than storing your own Electrum keys and seed words? Here's a solid beginner's guide for Quadriga that should help you get the hang of their. In some countries it is the only way to buy bitcoins and it allows you to buy bitcoins with many payment methods: Exactly, many exchanges shut down, but this service remains on the market and i haven't heard that they were hacked or so.
Let's not get into a flame war. No referral links in submissions. I'll try it out! They have this concept of withholding funds, where you basically have to keep the money on the account. Become a Redditor and subscribe to one of thousands of communities. If you send the money out of the exchange to your own wallet then you own the private key. There are lots of coins you can buy, trade, or mine not just Bitcoin. I'm just going to say as a long time Canadian trader, that if you're getting serious, get off Quadriga as soon as possible. I think a mod should step and do some quality control. I use both accounts but prefer to fund higher amounts through coinsquare Keep Discussions on Topic Idealogical posts or comments about politics are considered nonconstructive, off-topic, and will be removed. If you're moving such a small amount you should be moving ETH or LTC and not BTC, the fee will eat you alive and the other coins will probably out-gain that difference in the short and long-run. We previously collected donations to fund Bitcoin advertising efforts, but we no longer accept donations. But thats just what i've heard, not from personal experience. Fast forward to and the crypto market is going bonkers.
How To Buy/Sell Bitcoin In Canada! Easy Steps For Beginners
Want to add to the discussion? Prior to posting, please be aware or our rules. This involves taking a picture of some piece of government ID usually passport or drivers licenseas well as some sort of proof of address such as a utlity. Look for quality investments that you can hold through the ups and downs. I started at Kraken, then moved to Coinbase cause of the convenience and speed of credit cards, then ended up at Quadriga cause lower fees are better once you go thru the hassle of setting up. If you meet our standards, message the modmail. You must be confusing Coinbase with Gdax. Submit a new text post. When it's blue, it means you're buying. It sucks how little options we truly. It seems there's are many places to get bitcoin for beginners. Prices are a lot better on coinsquare compared to quiadrigaCX, you can always buy at a lower price on coinsquare and sell for higher than you would on QuadrigaCX. Cool tip concerning bitsquare. I wish I had more confidence lol, I kept off buying since March because I'm not sure I understand enough of all this to throw money at it Welcome to the fam. Unfortunately we cannot cover these fees due to it being before our bank receiving your deposit. I'm interested in buying to hold for a year or two. Do you want to buy more than just Bitcoin and Ethereum? QuadrigaCX is unfortunately probably the best choice, though they're currently backlogged on verification for new customers, so it'll Buy Bitcoin Canada Reddit Best Way To Exchange Ethereum To Bitcoin a while to get verified - but worth it! You send your crypto to Quadriga or Coinsquare both Canadian exchanges then you sell it for CAD and then you withdraw it to your bank account. Quadriga exchangeeven given there recent problems. Transfer to GDAX first if you want to avoid the transfer fees. Transfer bitcoin to exchange and begin trading. The majority of the time you'll end up buying at a high price How Much Power Consumption For Genesis Mining Monero Mining Profitability to watch the Genesis Mining Fees Explained Best Monero Cloud Mining fall back almost as quickly as it went up. You want to be more anonymous and buy from someone who doesn't require ID verification those sellers normally charge higher prices Moving cash into an exchange is very difficult or costly in your What Is The Reference Number On Bitcoins Ethereum Name Service Next Domain Name. It's normal if they ask you for IDs, it's not a scam, it's the law. If you wait for the price to dip before you buy, it literally may never come. They really fixed their site and it looks great now! The Ven Cryptocurrency Marketcap Crypto Profit Calculator time you transfer crypto you will feel like you just transferred your money into a digital black hole.
When it's blue, it means you're buying. Please give it a How To Bitcoin Miners Work Asic Chip For Ethereum to CoinSwitch. Had a LOT of struggle up to this point. Some sites require you to take a selfie with some of that documentation or holding a handwritten sign. That being said, I do recommend withdrawing to your own BTC or ETH wallet before transferring to another exchange, since if they run into some kind of problem depositing it into the 2nd exchange, the 2nd exchange Ignition Casino Bitcoin Deposit Declined How Do You Sell Your Ethereum send it back to the address it came. Talk about useful contributions. Learned my lesson with losing passwords on offline wallets. The bright side is it's just about instantaneous. Kraken would've been my original choice, but a friend of mine said Mine Altcoin In Minecraft Metropolis Mining Profitability experience with them gave him a bit of a headache. Exchanges can shut down at any time see Mt. So I want to buy ripple as fast and as cheap as possible because I think its going to go much higher. I registered my account with coinbase but it says selling is not allowed in my country Canada. The decision to buy a coin should be based on real analysis of the coin. If you wait for the price to dip before you buy, it literally may never come. There are of course other sites to get ether, and there's always the option of getting bitcoin and exchanging it through an exchange like Kraken or Poloniex for ether. Unlike traditional currencies such as dollars, bitcoins are issued and managed without any central authority whatsoever: If you're doubting the rate you can use "precise" when you setup the transfer and see the rate ahead of time. BitcoinCA subscribe unsubscribe 8, readers users here now This subreddit is about Bitcoin and other cryptocurrencies for Canadians. I put in a few thousands before Christmas but the wild swings gave me cold feet.
This makes it difficult if not impossible to predict price changes using any sort of technical analysis. For example, submissions like "Buying BTC" or "Selling my computer for bitcoins" do not belong here. I myself went with Quadriga due to their flexibility and low fees and couldn't be happier. Depending on your location, you may get a crap price or completely scammed. Read our FAQ to learn more. Titles cannot be misleading. BitcoinCA submitted 4 months ago by vsbyvsby. Lowish trading fees Some options are fast to fund Reasonable fund limits Cons: Trades should usually not be advertised here. Related communities Sorted roughly by decreasing popularity. I've been using nTrust in the meantime which sell bitcoin for about 2. Two word flairs require a hyphen in between them. Good point about withdrawing, I didn't even consider it since I was planning to hodl for the long term. Use of this site constitutes acceptance of our User Agreement and Privacy Policy. Do not use URL shortening services: Get updates Get updates. Hoping to get lower fees, this was the second place I tried. I have an account on there, and no where do I see any address to send to. Don't follow the masses chasing the green when a coin is on the run going up. As long as we pay taxes, even multiple times regardless of how many times taxed were collected to begin with for the same item, we're covered. Verification for me was only 1 day and then I was able to interac from my bank account right away. Do not use URL shortening services: Open a wallet Exodus is a great desktop wallet and keep it there. You can also explore the Bitcoin Wiki:. I tried to get myself verified on coinbase, takes like forever. If you use google to look for a wallet make sure you are not clicking a google ad. We previously collected donations to fund Bitcoin advertising efforts, but we no longer accept donations. I will lose in fees etc Just to say there is so much random info here, the moderators need to organize this. It did seem strange but it worked, I had the money in my account 2 days after I sent the wire transfer.
With Kraken, after you sell, you can only withdraw with a wire transfer. That's the only reason Bitcoin was designed, to be a trustless currency. I use a combination of the Exodus desktop wallet and a cold hardware wallet called Ledger Nano S. Bitcoin is the currency of the Internet: I sold on localbitcoins. Unfortunately we cannot cover these fees due to it being before our bank receiving your deposit. Do not waste people's time. Never miss a story from The Startup , when you sign up for Medium. I also did this today for the first time. Also, from coinbase you can move it to GDAX without a fee and then onto another exchange such as Binance without a fee and trade. This subreddit is intended for open discussions on all subjects related to emerging crypto-currencies and crypto-assets.
Thanks, will have to try money ordering if I don't find something better. Trades should usually not be advertised. Get in early with undervalued coins. As far as I know, no it does not happen during the transaction. Political party acception bitcoins http: At the minimum I would recommend keeping track Does Binance Have Cardano Zenbot Crypto all your transactions so you can prove you weren't doing anything illegal, and since you'll probably be taxed capital gains I think on your earnings, it's a good idea. When people talk about buying Buy Bitcoin Canada Reddit Best Way To Exchange Ethereum To Bitcoin dip, they are talking about adding even more when the price dips, which brings down your average cost per btc. Sometimes it can take a few days for them to get back to you if they are busy. And it's only Mist not up to date with the chain Contact a mod to add your site! Alright, enough of the introduction. We can register Quadrigacx: Their explanation in a support ticket is here: I've been using nTrust in the meantime which sell bitcoin for about 2. I personally haven't left too much money in any exchange and I have never been burned by any exchange disappearing. I wish I had more confidence lol, I kept off buying since March because I'm Bitcoin Cash Affiliate Configure Network To Run Ethereum sure I understand enough of all this Cryptocurrency Ico To Buy How To Build On The Ethereum Chain throw money at it Send money to quadrigaCX Use those funds to purchase Bitcoin on quadrigaCX Login into bittrex and get your Bitcoin address from the wallet section of the site Go back to quadrigaCX and use the withdraw option and send your funds over to the bittrex wallet address The funds will show up in bittrex usually 30min to 2hrs On bittrex use your bitcoin to buy other currencies 8 Wallets Intro You don't want to leave your money or Cloud Mining Services Review Hashflare Io Code on exchanges since they are prone to hacking. There are bitcoin ATMs scattered around as well, but I can't comment on any fees involved or how close they match exchange prices. Are there any fees with funding USD directly? All flair names are capitalized, e. Please use due diligence when choosing an investment. The one time I screwed up using it customer service was able to locate my payment and refund the wallet I sent it from took about 2 days but that's top notch for a free service. Where anyone can go from not knowing what a Bitcoin is to being a Bitcoin Pro trading on Paxful in no time.
They have this concept of withholding funds, where you basically have to keep the money on the account. I'm American but currently living between the UK and Switzerland. Tutorial to make a secure wallet with a Live Bootable Disk. I wanted to buy for months and kept second guessing myself and thinking it may come back. There's also a few other smaller players but I'd say go with those for. If you want to get your feet wet, then Quadriga is perfect for that, but the volume is very low and the fees are insanely high. Trading fees are low at 0. If I lost my laptop do I still have my private key? When I submitted a support ticket, they were very quick to respond the next day and told me I needed to submit a Confirmation ID. If you are the site owner, please activate your Genesis Mining Bitcoin Over 2 Years Btc Mining Software For Pc at https: Super quick verification, e-transfers in minutes sometimes and support is just as quick. Submit Litecoin Price In 2020 Bot Trading Cryptocurrency new text post. All flair names are capitalized, Autopilot Bitcoin Litecoin Ethereum Stock. I highly recommend it. Buy crypto in Coinbase. That's the only reason Bitcoin was designed, to be a trustless currency. If you have to store your own multisig privkey with Coinbase vault then how is it more convenient and more secure than storing your own Electrum keys and seed words? Here's a solid beginner's guide for Quadriga that should help you get the hang of their. In some countries it is the only way to buy bitcoins and it allows you to buy bitcoins with many payment methods: Exactly, many exchanges shut down, but this service remains on the market and i haven't heard that they were hacked or so.
Let's not get into a flame war. No referral links in submissions. I'll try it out! They have this concept of withholding funds, where you basically have to keep the money on the account. Become a Redditor and subscribe to one of thousands of communities. If you send the money out of the exchange to your own wallet then you own the private key. There are lots of coins you can buy, trade, or mine not just Bitcoin. I'm just going to say as a long time Canadian trader, that if you're getting serious, get off Quadriga as soon as possible. I think a mod should step and do some quality control. I use both accounts but prefer to fund higher amounts through coinsquare Keep Discussions on Topic Idealogical posts or comments about politics are considered nonconstructive, off-topic, and will be removed. If you're moving such a small amount you should be moving ETH or LTC and not BTC, the fee will eat you alive and the other coins will probably out-gain that difference in the short and long-run. We previously collected donations to fund Bitcoin advertising efforts, but we no longer accept donations. But thats just what i've heard, not from personal experience. Fast forward to and the crypto market is going bonkers.