How to Use Crypto.com with MyBTC in Canada
MyBTC.ca and Crypto.com - Why Use Both?
We have recently witnessed an uptick in Canadian crypto.com users heading over to the MyBTC.ca platform to easily buy and sell Bitcoin and purchase Ether fast. To understand more, we’ve looked at some of the reasons Canadian crypto buyers, sellers and traders alike use MyBTC.ca as their fiat CAD on and off ramp in conjunction with crypto.com.
You’ve likely seen the news of the Staples Center turning into Crypto.com Arena and you’ve probably seen advertisements on sports team’s gear or on the ice at your favourite NHL hockey team’s games. Crypto.com is an explosive force on the scene taking the crypto space by storm — now ranked as the #17 spot exchange in the world by CoinMarketCap.com.
Canadian crypto.com users can use Interac e-Transfer to fund their crypto.com fiat CAD wallet to buy over 270 different kinds of cryptocurrencies including Bitcoin (BTC), Ethereum (ETH), Tether (USDT) and USD Coin (USDC).
Why Not Just Use Crypto.com Directly? 8 Reasons:
- 5 more payment options to buy. Buy Bitcoin and Ether from MyBTC.ca via Bank Wire transfer, Debit Card, Credit Card, Flexepin vouchers or Interac e-Transfer to send over to your crypto.com account wallet as crypto.com only offers one payment method for Canadian customers.
- Higher limits. MyBTC.ca allows clients to send $10,000 to $500,000 per day via Bank Wire transfer to receive next business day funding so they can purchase and send larger amounts of Bitcoin or Ether in one shot.
- High touch, high value customer success support. We offer a callback service to ensure our clients accomplish their trading goals. You read it correct — MyBTC.ca is a crypto exchange that will call you on the phone in 2022.
- Sell BTC faster. After 2 blockchain confirmations MyBTC.ca automatically converts your Bitcoins at an attractive live rate into CAD and you can have it in your Canadian bank account within 6 hours (usually much quicker during regular business hours) — crypto.com withdrawal completion time can take up to 2 business days or more.
- More withdrawal options with higher limits. Choose from a variety of cash-out methods once you’ve sold your bitcoin on MyBTC.ca including Bank Transfer $20,000 - $100,000 per day, Interac e-Transfer $20 - $10,000 per day or Prepaid Credit Card $50 - $2,500 per day. Put the power back in your hands by withdrawing your funds faster with MyBTC.ca.
- Micro orders. MyBTC.ca gives clients the ability to fund as low as $30 via Interac e-Transfer or Flexepin vouchers making purchasing small amounts of BTC or ETH a breeze so you can send over to your crypto.com account. Crypto.com’s minimum deposit amount of $20 via e-Transfer on their platform can leave clients stranded as there is a 0.01 BTC minimum purchasing amount in place.
- No hidden fees. That’s right, no hidden fees with MyBTC.ca. What you see is what you get. Nobody likes surprises so there’s never any “gotcha” moments.
- Desktop trading. MyBTC.ca offers mobile device and desktop compatibility so clients can fund, sell, withdraw from their home office, office-office or anywhere their device takes them. Crypto.com only allows users to access the bells and whistles using their smartphone/device.
CAD Trading Pairs & Leveraged & Margin Trading
Crypto.com offers BTC/CAD, ETH/CAD, USDC/CAD, TUSD/CAD trading pairs giving Canadians a selection of options when performing trades. Other crypto to crypto trading pairs offered on crypto.com seen below:
Crypto.com margin trading allows the user to borrow digital assets to trade. Then, the margin loan is leveraged in order to open a position that has more value compared to what the user has available in their account balance.
This type of trading can yield mouthwatering returns on investment but with high reward comes high risk. If the live rate for any given market breaches the liquidation price for your trade, it’s game over and the user is at a loss for the amount staked.
Buy Bulk Crypto from MyBTC.ca to Send Large Amounts to Crypto.com
Start by heading over to the MyBTC.ca/fund page and press the “Email Me” button for the Bank Wire payment method to have the next steps automatically sent to your email inbox. Please watch the video below for a step by step guide.
Bank Wire transfer funding of your MyBTC.ca account is the fastest way for Canadians to send large amounts of Bitcoin to their crypto.com account. Contact our Wealth Team with any questions and our live staff will call you to personally go through the steps one by one to ensure the bank wire transfer is sent correctly.
Although crypto.com is a popular, trusted and dependable exchange to trade cryptocurrencies, there are many benefits to using MyBTC.ca in tandem when buying or selling Bitcoin in Canada. The key takeaways would be the speed of funding a crypto.com account and the higher amounts you can send with the MyBTC.ca Bank Wire transfer payment method.
MyBTC.ca is the solution Canadians go to when getting their funds on and off the crypto.com platform. Please contact [email protected] with any questions so we can help find you solutions to enhance your trading experience.