How to Buy Large Amounts of Bitcoin in Canada
Think Bitcoin’s live rate is going to surge past $70K CAD soon? Here’s the scoop: MyBTC.ca’s bank wire transfer is the preferred payment method for those who need to obtain a bulk volume of bitcoin in a timely manner and enjoy the advantage of a lower fee by sending $10,000 to $250,000 in a single transaction.
The most important part in funding your account via bank wire is the action of going to your nearest bank branch and completing the wire transfer.
Sounds simple enough, right? The most common barrier to next biz day funding is when we see clients wait until the last minute and the bank is closed or waiting until the weekend. We want our bullish bitcoiners to gain every advantage, edge and opportunity possible which is why we offer high-touch, high-value guidance and support for those using MyBTC.ca Wealth services to bolster their portfolios.
Watch and learn how to fund large amounts using this quick tutorial video.
The sooner in the day you complete the bank wire transfer the more likely you'll receive next business day funding. Approximately 95% of wire transfers that arrive next business day are sent before 12 noon in any given timezone Canada-wide. In short, the early bank wire bird gets the bitcoin.
Contact MyBTC.ca support with any questions you may have and a member of our Wealth team will be on standby. We’ll guide you through the process step-by-step, one-on-one so you have the peace of mind that you’ve sent your wire transfer correctly.
Let’s get you in the driver’s seat and sending your bank wire to fund your first bulk bitcoin buy!