MyBTC.ca

MyBTC.ca

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MyBTC.ca offers a simple and user-friendly interface for buying Bitcoin. Here is a step-by-step guide on how to buy Bitcoin on MyBTC.ca:

1. Sign up: Create an account on MyBTC.ca by providing your email address and creating a password.

2. Verification: Complete the verification process by providing your personal information, including your full name, date of birth, address, and phone number. You will also need to upload a photo of your government-issued ID.

3. Choose a payment method: MyBTC.ca offers various payment methods, including Interac e-Transfer, Visa or Mastercard Credit or Debit Card, Bank Wire, Flexepin vouchers, and Cash or Interac Debit Card. Select the payment method that suits you best.

4. Enter the amount: Enter the amount of Bitcoin you want to buy or the amount of CAD you want to spend. The platform will automatically calculate the amount of Bitcoin you will receive based on the current exchange rate.

5. Wallet address: Provide your Bitcoin wallet address where you want the purchased Bitcoin to be sent. Make sure to double-check the address to avoid any mistakes.

6. Confirm the transaction: Review the details of your transaction, including the amount, payment method, and wallet address. If everything looks correct, confirm the transaction.

7. Make the payment: Follow the instructions provided by MyBTC.ca to complete the payment using your chosen payment method. For example, if you selected Interac e-Transfer, you will need to send the payment to the provided email address.

8. Receive Bitcoin: Once the payment is confirmed, MyBTC.ca will send the purchased Bitcoin directly to your wallet address. The transaction may take a few minutes to be processed.

It is important to note that MyBTC.ca charges a fee for each transaction, which varies depending on the payment method chosen. The fees are displayed on the website before confirming the transaction.

Overall, MyBTC.ca provides a convenient and secure way to buy Bitcoin in Canada.

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