Banxa Canada - Buy & Sell Crypto
Are you looking to jump into the world of bitcoin and cryptocurrencies head first? No matter if you’re new to crypto or simply want more buying power — MyBTC.ca has partnered with Banxa to offer a straightforward and secure way to purchase digital currencies using a variety of payment methods suited for Canadians. This guide will introduce you to the seamless process available through Banxa through MyBTC.ca, so you're equipped to make your crypto purchases with speed and confidence.
Banxa offers Canada buyers and global crypto investors over 100+ cryptocurrencies to choose from, including the most popular cryptos such as Bitcoin (BTC), Ethereum (ETH), Binance Coin (BNB), Solana (SOL), Ripple (XRP) and Dogecoin (DOGE). View the full list here.
Getting Started with Banxa
Let’s get you started buying bitcoin via Banxa with your credit card by following these quick and easy steps:
1. Get on Banxa
Navigating to the MyBTC.ca Banxa page is your first step towards purchasing bitcoin or other popular cryptocurrencies. Simply click on the dedicated link here. This direct access simplifies your credit card, debit card, Interac e-Transfer, Google Pay or Apple Pay transaction process — making it easy to buy bitcoin with Canadian dollars.
2. Complete Identity Verification
If you are purchasing from Banxa for the first time through MyBTC.ca, you’ll need to complete the identity verification process. In this step, you will be able to enter your contact details such as your email address, date of birth and your phone number and snap your verification photos as instructed. After passing Banxa’s identity verification process, you can then choose your payment method.
3. Enter Your Order
Once on the Banxa page, you can select to buy or sell bitcoin, or purchase other cryptocurrencies. Select the type of crypto you want to buy and the dollar amount to start the order. Then enter the destination wallet address where you’d like to send the coins/tokens. Select the blockchain and you'll be presented with multiple payment options including Visa or Mastercard for credit card purchases.
A look at Banxa’s easy to navigate order page:
4. Create Your Order & Collect Your Coins!
After you review your order you can give the “Create Order” button below the order page a click and await your confirmation email. It’s as simple as that! Your coins will arrive shortly.
Don’t live in Canada? All good, you can still buy or sell bitcoins via Banxa by clicking here.
Payment Methods
Depending if you prefer using a Credit Card for its speed and convenience or the familiarity of Interac e-Transfer which is also fast, you’re covered either way as each method has security and ease of use top of mind:
- Credit Card: Fast and straightforward, ideal for those looking to quickly step into the bitcoin and broader crypto market.
- Interac e-Transfer: A secure and familiar option in Canada, perfect for those who prefer using their bank account.
- Apple Pay and Google Pay: For those on the go, these mobile payment methods offer a swift and hassle-free purchase experience when buying through Banxa.
The purchasing process at MyBTC.ca is designed to be intuitive and super user-friendly, making it accessible even for those new to cryptocurrency. Just select your desired payment method, enter the amount you wish to purchase, and follow the prompts to complete your transaction. It's designed to be fast and easy, so you can buy with peace of mind using payment methods that work for you.
For Canadians who are ready to reach their buying goals, MyBTC.ca partnered with and powered by Banxa — which provides a reliable and convenient credit card purchasing solution!