Bitcoin Adoption and How to Buy Bitcoin in Canada

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Photo by Ewan Kennedy on Unsplash

It is clear that bitcoin is having a decisive year in 2021.

Companies like MicroStrategy, Tesla, and Square are putting bitcoin on their balance sheets. Payment giants like Visa Inc. are now accepting crypto as a payment method. Macro traders like Guggenheim believe bitcoin should be worth at least $ 400,000. Small countries like El Salvador have adopted bitcoin as legal tender. To top it off, bitcoin hit a record high price of $ 63,000.

While many quickly label bitcoin as a fad, fads typically don’t last 12 years. Its adoption is also not accelerating over time, as retail and institutional investors come in to buy bitcoin.

Bitcoin continues to create loopholes in the financial landscape due to all the money printing taking place in response to the pandemic. With billions of dollars in quantitative easing around the world, liquidity is flooding the system and in turn devalues ​​the dollar we all use to save and invest.

In the meantime, bitcoin is becoming increasingly scarce. It has a limited supply of 21 million which is bought by corporations and institutions. Unlike traditional fiat, the supply of bitcoin is fixed and not controlled by a single entity. The fact that bitcoin is scarce, digital and decentralized makes it a safe haven in these uncertain times.

Now you may be wondering how to allocate some of your capital to bitcoin.

Don’t worry, we’ll show you how to buy bitcoin in Canada.

Canadians invest in Bitcoin with Netcoins.ca

If you are ready to join the big players, consider buying bitcoin with Netcoins.ca. Netcoins is the easiest and most reliable way in Canada to buy and sell bitcoin. It’s quick and easy to open an account and start trading within minutes.

You can fund your account with an Interac wire transfer (with a 0% fee) and then use those funds to buy bitcoin (BTC) or any other cryptocurrency they offer, like Ethereum (ETH), Litecoin (LTC) ) and more.

Conversely, if you are looking to withdraw your bitcoin, you can do so immediately without Netcoins charging you a fee for withdrawals in Canadian dollars (CAD). This makes it super easy to dip your toes if you are looking to buy, sell or hold bitcoin.

You can also take advantage of Netcoin Instant Orders, Limit Orders (where trades are automatically executed at your preset buy / sell price) and Price Alerts (so you can stay up to date on crypto price actions without watch prices all day). Netcoins also offers incredible customer support through email, live chat, and phone support.

As bitcoin continues to make its mark in the world, it may be wise to buy bitcoin today – even if it costs just $ 10 – with Netcoins.ca.

If you are new to bitcoin, Netcoins also offers a comprehensive Crypto Academy to help you learn more about cryptocurrencies, how to protect your bitcoin, and common questions such as “how to buy bitcoin in Canada”.

Netcoins is owned by the publicly traded company BIGG Digital Assets (CSE: BIGG).

For more information on Netcoins and how to buy bitcoin in Canada, visit www.netcoins.ca.

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