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How To Sell Ethereum In Canada

How To Buy And Cash Out Ether Within Canada

How To Buy And Cash Out Ether Within Canada

How to Buy and Cash out Ether within Canada Many people, mainly new investors are still wondering how to buy and cash out Ether within Canada. They are intrigued by the idea of purchasing Ether but are confused by the process but still would like to start investing in it. How does one go about buying Ether and then what do you do with it once you have it? Buying Ether is actually relatively easily from a Canadian Bank account or even a Canadian credit card and there are many Canadian based exchanges that you can choose from. Once you decide on the right exchange for you, you will need to create an account and from there you will be taken through a simple process similar to creating any profile with an online retailer with one exception, you will need to verify through a credit reporting bureau for an additional identification method. When this has been successfully completed, you will be able to link a bank card or credit card and buy Ether. Once you have made your purchase it will be added to your online wallet that was created when you made your exchange account. At this point in the verification stage, your purchase limit will be quite low at under $500 per week. This amount can vary depending on which exchange you choose. In order to raise these limits, you will have to take additional steps to verify your identity. This typically can be done by sending copies of you Government issued ID to the exchange or, you may have to send a picture of your person holding your ID. Personally, I prefer the exchanges, Coinbase , QuadrigaCX but Coinsquare is another good option so I have included it in this list of my recommended exchanges. This is a very simple to use exchange. I setup a Coinbase account and bought one of their 4 coin options in no time at all. The interface is Continue reading >>

The Best Way To Buy Bitcoin, Ethereum And Litecoin In Canada

The Best Way To Buy Bitcoin, Ethereum And Litecoin In Canada

The Best Way to buy Bitcoin, Ethereum and Litecoin in Canada In my initial post , I wrote on how to buy the 3 mainstream coins (Bitcoin, Ethereum and Litecoin) in the fastest way without going through a hassle of getting verified and sharing your personal info. But it has a downside if you want to buy more than $250 in a week because of its initial weekly limit. Then what did I use to buy Bitcoin, Ethereum and Litecoin that are more than $250 per week with a peace of mind, not worrying that my transaction will fail or I will lose my money? I used QuadrigaCX and this is the bread-and-butter. These guys are easy to use, secure and reliable. Before I purchased cryptocurrency, I personally did research and I am glad that I found about these guys. I NEVER had a single problem with these guys. Although you have to do verification, the process is easy to do and you will get verified within a few days. If you are going to buy cryptocurrency on an ongoing basis, this is a better choice than Coinbase. 8 different types of funding options which means you can pick the best choice that suits your need the best Instant purchase available by using your Debit Card (INTERAC Online). This is very convenient because you dont even need to link your bank account. After you are re-directed to your online banking, the transaction can be done immediately. Possible to put limit buy and sell: You can set a condition so that your order will get fulfilled ONLY IF the condition is met. Example: Lets say Bitcoin is $5200 CAD at the moment, but you would like to buy when its $5100 CAD and you do not want to look at the computer screen all day until the price drops to $5100. You can use their Trade tab to do this. You can convert the coins into fiat money, if you want to withdraw your money Initial v Continue reading >>

Quebex.com | Canadian Bitcoin Exchange | Buy And Sell Bitcoins In Canada

Quebex.com | Canadian Bitcoin Exchange | Buy And Sell Bitcoins In Canada

Bitcoin is up another 10% on Monday following the launch of the first regulated Bitcoin futures late on Sunday. One BTC is currently trading at $21,080.29 CAD, on average, as of 12pm, ET, per CoinDesk, having hit a Read More... Vulnerability in Wi-Fi protocol affects many competitors ZDNet is reporting--the internet and media will quickly follow--that a recently disclosed vulnerability in Wi-Fi puts nearly every device using the technology at risk. This comes only months after reports of the BlueBorne flaws affecting nearly every Read More... Continue reading >>

5 Best Ways To Buy Ethereum / Ether Classic With Credit Card Online

5 Best Ways To Buy Ethereum / Ether Classic With Credit Card Online

Jordan Tuwiner Last updated July 13, 2017 Most people try to mine Ethereum but then get frustrated with the high up-front costs. People want Ethereum, so the easiest way to get Ether ends up being by simply just buying Ethereum tokens or Ethereum Classic. This post will show you how to buy Ether with any of the following payment methods. Note: Before you buy Ethereum make sure you have a secure place to store your Ether! An Ethereum hardware wallet is the most secure option although not free. Buy Ethereum with Credit Card or Debit Card There are many ways to buy Ether with a CC and this section will discuss the 3 best options. Note that the fees will be around 3.5% for most options. In the USA, Europe, Canada, UK, and Singapore, Coinbase is the easiest way to buy Ethereum with a credit card. The fees will amount to 3.75% and you can buy instantly. Note that Coinbase only sells Ether and not Ethereum Classic. To buy Ethereum Classic you need to buy bitcoins on Coinbase and transfer the bitcoins to Poloniex to exchange them for Ethereum Classic. CoinMama is a nice option because you can buy less than $125 worth of Ethereum without the need to verify your identity. You can instantly sign up and buy Ethereum. You can have Ether in your wallet within about 20 minutes. The downside to CoinMama is the fees are pretty high and come out to around 7%. CoinMama supports credit and debit cards from basically any country. Note that CoinMama only sells Ether and not Ethereum Classic. To buy Ethereum Classic you need to buy bitcoins or Ethereum on CoinMama and transfer the bitcoins to Poloniex to exchange them for Ethereum Classic. Bitpanda is a Bitcoin broker based in Austria and now sells Ether as well as bitcoins. BitPanda has some good and low fees for buying ETH with a credit ca Continue reading >>

Any Canadian Miners Here? Advice For Cashing Out Ether

Any Canadian Miners Here? Advice For Cashing Out Ether

why not just sell ether straight there at CX. may i ask how you guys withdrawl? you'll have to ignore that idiot. I already told you in post one what to do and take my word for it , that is the best method. The second poster just had nothing to say and copied pretty much what I said and tried to make it original so he added in the crap about poloniex, which you should NOT DO UNDER ANY CIRCUMSTANCE. you'll have to forgive the forum, not much talent here and only a few people can accurately answer your questions and the rest just follow up with copies or more nonsense. Try to mentally imagine this thread is locked before some other hero replies telling you to signup with chinese company. FYI >>> No Canadian should ever sign up with US exchange. You are opening up Pandoras box and accepting terms and conditions and laws that have nothing to do with you. wew lad lots of salt in here right quick QuadrigaCX it is, it's just a habit since they didn't have the same sort of volume back a few months ago but that's changed now well markets widen, exchanges evolve, QuadrigaCX has increased in ETH volume considerably since last I checked, and it is expedient to have a single fee and they do have good service, probably the best in their field, however, it's really just a cash in and cash out for ETH or BTC, no trading pairs, no DAO, no Decred if you dualmine... etc. but hey lets all make assumptions and attack each other on conflicting ideals of methodology on the basis that the other is merely "wrong" and therefore an open item of disrespect and hostile arrogance. I'm sorry for you son. why not just sell ether straight there at CX. may i ask how you guys withdrawl? you'll have to ignore that idiot. I already told you in post one what to do and take my word for it , that is the best Continue reading >>

How To Buy/sell Bitcoin (and Other Cryptocurrencies) Incanada

How To Buy/sell Bitcoin (and Other Cryptocurrencies) Incanada

Founder of Urbery || Husband || Dog Lover || Blog about Startup Life & Food How to buy/sell Bitcoin (and other cryptocurrencies) inCanada I have been following the block-chain and the cryptocurrency market from afar for over two years now and a couple of months back, I decided to jump in and make some investments in cryptocurrency. Buying and selling cryptocurrency isnt that straightforward especially for Canadians, and many of my friends have been asked me about it. To help everyone out, Ive decided to write a short blog post, highlighting platforms youd need to buy and trade cryptocurrency in Canada. Disclaimer: Please note, this is not investment advice, and you should do your own research before decided to invest in the cryptocurrency market. Im also not a cryptocurrency expert and there are other options that exist to buy and trade cryptocurrency. These are just my favourite. Some of the embedded links to the various exchanges has my referral link. Most exchanges will provide you with some incentive of making an account through the referral link. Example Coinbase will give you $10 in BTC if you use my referral link to make an account. Ofcourse, you dont have to use it:). QuadrigaCX as the primary exchange to buy/sell cryptocurrency and cash-out in Canada. Coinbase for smaller transactions (under $250). Binance for alt-coin trading. Transfer cryptocurrency of choice to Binance to trade for alt-coins (Ive used ETH to buy alt-coins). You can transfer USD to it too, but I never used that feature. Tradingview to monitor price action and set up alerts. CoinMarket cap to review market cap of cryptocurrencies. A cryptocurrency is a digital or virtual currency that uses cryptography for security. A cryptocurrency is difficult to counterfeit because of this security feature Continue reading >>

Selling Ethereum From Coinbase

Selling Ethereum From Coinbase

New to the world of cryptocurrency and recently opened an account up with Coinbase only to realize that they do not support Canadian withdrawals. Wish I had known this before opening the account. I've searched through the forums and found some information on how to get around this but am still somewhat unclear. It is my understanding that to withdraw my ether from Coinbase to a Canadian account I will have to transfer the ether to a Canadian supported platform such as Coinsquare or Quadrigacx. After doing some research I'm leaning towards Quadrigacx as my preferred platform. My understanding is that once I open an account with Quadrigacx I'd use that accounts address to transfer the ether from my Coinbase account. 1.) is my train of thought correct in withdrawing my ether from Coinbase to Quadrigacx? 2.) once the transfer is complete to Quadrigacx how does the withdrawal process to my Canadian bank account work? Are the funds automatically converted and deposited directly to my account? 3.) is Quadrigacx an easy platform to buy ether and withdraw to a Canadian bank account? Any support would be appreciated. Thanks in advance! Continue reading >>

Canada: Where/how To Buy Ethereum And Dash?

Canada: Where/how To Buy Ethereum And Dash?

Canada: Where/How to buy Ethereum and Dash? I'm looking to purchase a couple hundred dollars worth of Ethereum and Dash as a Canadian. I am planning to hold onto this amount for at least several years, and then I may sell them. Where would the best place for me to go purchase and sell Ethereum and Dash? The first thing you should do is create an account on Coinbase , which is one of the easiest, safest ways to buy Bitcoin or Ethereum. They are a legitimate company and are US based. Through the Coinbase site, you can immediately purchase Ethereum (ETH). For Dash, you're going to have to buy some Bitcoin (BTC) through Coinbase, send the BTC to an exchange (Poloniex) and convert your BTC to Dash. And then I would recommend moving your Dash off the exchange to a wallet you trust. For Dash, I use and would recommend the Exodus wallet. Let me know if you have any questions. Happy to assist! How would I sell my ETH from Coinbase? I believe that Coinbase stopped providing Canadians a way to sell crypto-currencies. My understanding is that wallets are a way to store your crypto-currencies. Do I also store ETH in a wallet? If the wallet provider stops existing, will I loose all my money? There are pre-pay cards like cryptopay.me that allow you to convert bitcoin into fiat currency.You can move your dash into bitcoin..I heard you can withdraw it as cash from an ATM cash machine, which is pretty much the same as selling, which I am thinking of trying. Blockchain is now accepting bitcoin, ethereum and bitcoin cash.I have bought bitcoin on blockchain with debit card-as far as I know they will allow selling as well. Myetherwallet is a web wallet to store ethereum you can log into using a 12 word passphrase you must not forget or will not get money back. I have had some nightmares but Continue reading >>

How To Sell Ethereum In Canada From Coinbase - Updated - Quora

How To Sell Ethereum In Canada From Coinbase - Updated - Quora

Currently, CoinBase does not allow to sell from their platform to Canadians. However, you can still buy from them and then transfer your money to other platforms very easily and then withdraw from there so I wouldnt worry about it too much. People are freaking out online about CoinBase shutting down the sell feature on their site to Canadians, but its not a big deal; just transfer out! CoinSquare is what Id recommend to transfer your cryptocurrencies to from your CoinBase account as a Canadian. Continue reading >>

Kraken | Buy, Sell And Margin Trade Bitcoin (btc) And Ethereum (eth) - Faq

Kraken | Buy, Sell And Margin Trade Bitcoin (btc) And Ethereum (eth) - Faq

We get these questions all the time, so we thought it might be a good idea to put them all in one place. Kraken is the leading Bitcoin exchange for those who demand fastexecution, innovative features, exceptional support, and high security.People around the world choose Kraken to buy and sell bitcoins becausewe always put the client first. As a result, we are consistently ratedthe top exchange in independent reviews. Kraken is based in SanFrancisco, USA. Bitcoin is a digitalcurrency used for fast, secure and low cost payments without the needfor a central issuer or processor. Bitcoins are stored and sentelectronically from private wallets. Introduced in 2009, bitcoins haveincreased greatly in value due to their limited supply and growingpopularity. After you deposit cashfrom your bank to your Kraken account, you can make an order to buybitcoins on the exchange. When your order is filled, you can withdrawyour bitcoins to your wallet. After you sendbitcoins from your wallet to your Kraken account, you can make an orderto sell them for cash. When your order is filled, you can withdraw thecash to your bank. What currencies can I trade bitcoins with? You can trade between bitcoins and euros, US dollars, Canadian dollars and Japanese yen. How much does Kraken charge in trading fees? Fees go as low as 0% and depend on how much you trade. Pleasevisit the Fees and Pair Info page for fulldetails. It's simple, quick and freeto set up with Kraken. Click open anaccount , complete the form and activate your account. Afterverifying, you can fund your account with bitcoins or cash and starttrading! The lawrequires that we verify your account by asking who you are and where youlive. To open a basic account and get started trading, we only ask a fewthings. An advanced account is like op Continue reading >>

Easy Ways To Buy Ethereum (eth) In Canada | Finder

Easy Ways To Buy Ethereum (eth) In Canada | Finder

Get paid directly in ETH. You may be able to get paid directly over the Ethereum blockchain. For example, if youre a content creator, you could request payment in ETH. Trade another cryptocurrency for it. You could trade bitcoin or another cryptocurrency for Ethereum at an exchange. Mine for it. You could mine for ETH by dedicating computing power to solving problems on the blockchain, executing smart contracts and carrying out transactions. However, you might need a lot of processing power to start earning worthwhile returns, and the Ethereum mining system is being reworked, which makes returns on mining investments less certain. Other. There are other ways you might buy into the Ethereum blockchain, ranging from winning a bet online with ETH to participating in affiliate programs or buying into another system on the same blockchain. The distinctiveness of Ethereum means there might be more ways to find yourself holding ETH than other currencies such as bitcoin. What are the special features of Ethereum and how does it work? Ethereums main difference is that it lets users set up smart contracts. These can do almost anything a user wants, with anonymity, with no set point of failure and with complete trustworthiness and reliability. This essentially lets you cut out the middleman in any kind of transaction, while still making the transaction with complete reliability, security and trustworthiness. Its transparent. All parties can see the details and conditions of the transfer. Its a transparent program thats set up to do exactly what it says. Its extremely flexible. You can program it to do almost anything you can imagine, such as making a transfer when specific conditions are met at a certain time in the future or dividing funds between different parties depending on Continue reading >>

How Do I Trade Eth For Cad? - Ethtrader

How Do I Trade Eth For Cad? - Ethtrader

Hey guys, I'm just getting my feet wet in the crypto space, and I only bought 100 CAD worth of Ethereum on coinbase. Unfortunately, you can't sell Ethereum on coinbase (in Canada anyway). What do you guys recommend for selling ethereum in Canada? Why would you sell now when you can likely sell for much more in the future? No offense but 100 cad is peanuts Not really, I bought some for under $100... about a year and a half ago ;) > 2 years account age. < 200 comment karma. Not now, I'm talking in the future. I want an easy way to sell once I decide to invest more. As others have said, QuadrigaCX is your best bet as of this post. The only other alternative is converting to BTC and then using local bitcoins. 2 - 3 years account age. 300 - 1000 comment karma. Their UI is kinda wonky but ive used coinsquare with good success. quadrigacx.com works for me. It does not have liquidity like Coinbase but works just fine if you're patient. Wait a minute. When did you buy etc for cad on coinbase? I wasn't aware they were serving Canadians again... If you are close to the Toronto area there are some very solid buyers and sellers on localbitcoin with very very small margins I'm in this area. And to confirm would doing this require me to convert to BTC first? Kraken is another option, but you would have to trade into CAD via ETH/BTC -> BTC/CAD as the ETH/CAD volume is very small. Kraken could be advantageous if you want to trade other markets, but if all you want is ETH/CAD, then the volume on Quadriga is probably larger. Kraken acquired Cavirtex("Canadian Virtual Exchange") a while ago. They use Billerfy for Canadian wire transfers. > 1 year account age. < 50 comment karma. Do you think you can provide more clarity on how to do this? "CAD via ETH/BTC -> BTC/CAD" Continue reading >>

Buy Bitcoin/ethereum In Canada - Coinbase

Buy Bitcoin/ethereum In Canada - Coinbase

Coinbase, headquartered in San Francisco, has become one of the most prominent businesses, allowing people to buy and store bitcoins and developing deals with merchants to help them carry out bitcoin transactions. One of the first steps, however, is getting Bitcoin into the hands of more people, and companies like Coinbase along with other exchanges that accept multiple currencies are playing a big role in expanding the virtual currencys network. Coinbase has done a good job of simplifying bitcoin use. To pay for sushi at a local shop, I used the Coinbase app on my Android phone to scan the QR code presented by my server. Continue reading >>

How To Sell Ether On Quadrigacx

How To Sell Ether On Quadrigacx

Since we offer both XBT/ETH and CAD/ETH orderbooks, you are presented with the option to sell Ether for Canadian dollars or Bitcoin. For small or quick-fill orders where setting a limit price may not be of great importance, you can sell using the Dashboard section to place a market order. For larger trades we recommend using the Trade section to place a limit order and wait for it to fill at a specific price you desire. 1. Create an account - 2a. Fund your account with Ether (ETH) - 2b. If you already have Ether (ETH) in your account then proceed to step 3. 3. Trade your ETH for CAD - 1. Create an account - 2a. Fund your account with ETH - 2b. If you already have Ether (ETH) in your account then proceed to step 3. 3. Trade your ETH for XBT - Can you please tell us how we can improve this article? Continue reading >>

Buying, Selling Or Trading Cryptocurrencies In Canada?

Buying, Selling Or Trading Cryptocurrencies In Canada?

The full article can be found on the Government of Canada website . Can banks stop me from buying cryptocurrencies? As per the Government of Canada website, Financial institutions, such as banks or credit unions, dont manage or oversee digital currency. [ link ] This would seem to indicate that banks have no business stopping you from transferring money into exchanges for the purpose of trading digital currencies, or purchasing digital currencies with your credit card. However, there are some stories of Canadian residents having their bank accounts closed by Canadian banks. This usually happens when the individuals in question are running an unregulated business buying and selling digital currencies and are using their personal bank accounts for this purpose. A Canadian bank should not be closing your account for purchasing Bitcoin or any other cryptocurrency on services such as QuadrigaCX , Coinsquare or Coinbase . Digital currencies such as Bitcoin are accepted at many online and offline stores today, and so it is perfectly acceptable that you would need to hold some cryptocurrency. Do I have to pay taxes on cryptocurrency income? Canadian residents are required to declare and pay taxes on any income earned throughout the calendar year. For example, if you bought $100 worth of Bitcoin in March, and sold it for $300 in October, you would be required to declare the $200 income on your next annual tax return, and it will be subject to tax as per the regular capital gains tax laws. Transactions made with bitcoins or other virtual currency are covered by the section of the tax code that governs barter and trade transactions, as outlined in this Turbo Tax article. Please note that this industry is evolving rapidly, so please make sure you check for the most up-to-date regu Continue reading >>

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