If you’re in Canada and are looking to buy and send bitcoin quickly, there are a few options available to you. Many cryptocurrency exchanges and platforms offer instant purchase services. Here’s a breakdown of some methods:
Cryptocurrency Exchanges: Platforms such as Coinsquare, Bitbuy, and NDAX allow you to buy bitcoin quickly using Interac e-Transfer, which is a fast payment option popular in Canada. These platforms generally provide near-instant access to your purchased bitcoin.
Bitcoin ATMs: Canada has a substantial number of Bitcoin ATMs where you can buy Bitcoin with cash or debit card. Once purchased, you can immediately send the Bitcoin to another wallet.
Peer-to-Peer (P2P) Platforms: Websites like LocalBitcoins or Paxful can connect you with sellers who accept various local payment methods. Once the transaction is complete, you can transfer the Bitcoin instantly.
Wealthsimple Crypto: Although primarily an investment platform, Wealthsimple offers the ability to quickly purchase Bitcoin. However, be aware that moving Bitcoin out to another wallet may involve additional steps and time.
e-Transfer Payment Services: Services like Shakepay allow you to deposit Canadian dollars via Interac e-Transfer and purchase Bitcoin almost immediately. After the purchase, you can send Bitcoin to any wallet address.
Each of these options has its own transaction fees and terms, so it’s essential to check the details before proceeding.
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