Using Binance in Canada with MyBTC.ca
MyBTC.ca has been helping Canadians fund their Binance.com trading accounts for years — allowing them to trade faster and more efficiently by offering a streamlined approach using an over the counter model of buying and selling Bitcoin. Speed is an incredibly valuable factor and we know how important delivery times are when executing trades and taking advantage of volatility in this market. Let’s dive in and see how MyBTC.ca is utilized by our clients to fund or withdraw Bitcoin from their Binance.com trading accounts.
Binance.com can have up to a 10 day verification turnaround time which is the KYC needed to buy crypto with debit or credit cards on Binance. This is where MyBTC.ca’s superior customer service and support comes in and shines — as verification is usually completed within an hour during regular business hours, rarely more than a day’s time. Once you complete verification on this section of our site MyBTC.ca/verification you can then buy Bitcoin and send it to your Binance account immediately so you can trade faster, lessening the chance of being left behind on the next big price movement.
With Binance trading accounts, the most common roadblock is the ability to add CAD directly using the payment methods and options on the Binance platform. Credit and Debit Card funding seems to be incompatible with many Canadian financial institutions and many credit cards are now being blocked by the providers. If a credit card is accepted on Binance, the transaction can be subject to cash advance fees and lower limits which can leave those bullish searching for better options. Low funding limits on Binance.com are the second most reported friction point on Binance which is why Bitcoiners buy and send direct using MyBTC.ca to trade for other digital assets.
Need to sell your profits you’ve gained on Binance? The MyBTC.ca sell side solution lets you cash-out via Interac e-Transfer in amounts as little as $20 or as much as $10,000 faster than the other guys so you can use your funds when you need them.
Have $20,000 CAD or more in cryptocurrency to sell? We can help with that too. Simply convert your crypto to Bitcoin (BTC) on Binance and send it over to your MyBTC.ca auto-sell address. We’ll send up to $100,000 per day to your Canadian bank account so that you can pay off your mortgage, lambo or almost anything else with your riches!
When Canadian Binance users are ready to sell their Bitcoin, they know it can be difficult to withdraw Canadian dollars (CAD) from Binance which is mostly a crypto-to-crypto trading platform. MyBTC.ca/sell helps expedite the process by accepting client’s Bitcoin (BTC) sent directly from their Binance trading account to be sold automatically after 2 confirmations on the blockchain. Selling your Bitcoin has never been easier!
We know Canadians love the Binance platform as it offers a great space for trading crypto, so we thought to bridge the gaps so you can get your coins on and off the site faster than anywhere else in Canada by using MyBTC.ca.
Please contact support today with any questions you have and our expert staff will assist you while catering to your specific needs.