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/biz/ - Business & Finance

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4700762 No.4700762 [Reply] [Original]

bitcoin.bitaccess.co and canadianbitcoins.com are shit and charge way too much per transaction. What are the best ways for Canadian to buy? To avoid charges I just been buying on normiebase and transferring to my wallet because its cheaper that way but its aids.

>> No.4700790

>>4700762

QuadrigaCX is the only answer to this question. I did use Coinbase to buy with credit card when I wanted to get in quickly too though.

>> No.4700920

>>4700790
How reliable is that site anyways. I read it's a little iffy.

>> No.4700958

I use coinsquare. Not sure why everyone says it's so bad.

>> No.4700970

>>4700762
20$ fee under 1000$? How is that horrible..

>> No.4700976

>>4700762
virwox.pw

>> No.4700991

>>4700790
This.

Coinbase if your desperate to buy, but you can't sell

>> No.4701352

>>4700970
I'm just trying to find the place with the lowest fees and quick transactions.

>> No.4701386

>>4700920
Quadriga has been very reliable in my experience. It hasn't ever been down when i have tried to access it, including during high traffic times like the big dip earlier this week.

>> No.4701575

>>4700790
This.

>> No.4701862

best european sell options?
our ATMs have terrible rates

>> No.4701882

>>4701352
I've always used canadian bitcoins, low fees (20$) and get my cash within 2 days priority mail. Never baught from them though.

>> No.4701927

>>4701882
Ive tried signing up with them after I heard of them but verification has been over a week now.

>> No.4701976

>>4700762

Quadriga

/thread

Note though - they put up their own buy/sell walls and it's not as fluid as exchanges like Bitfinix - so you cannot swing trade well there. They skip over the dips.

>> No.4701988
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4701988

I use my quadriga account to change my CAD fiat into crypto, usually ETH or LTC for transferring ease (fast and cheap to send). Then I transfer them to my Binance account. Binance has no required ID verification for buying or selling, 0.1% fees. And has a decent mobile trading app. When you make an account on Binance use my referral number fellow canuk: 11126315
Even if you don't plan on using the platform, just make an account and check it out. I spend weeks researching and this seems to me like the best options for Canadians. Then to cash out, I transfer back to Quadriga and do bank wire deposits. Pretty easy imo.

>> No.4701997

>>4701927
Yuu don't have to do in depth verification if your just doing cash in the mail, only bank transfers and stuff.

>> No.4702539

>>4701997
I prefer online transactions to cash in mail to be honest

>> No.4702576

>>4702539
understandable i suppose if your paranoid. Priority mail is pretty safe though in canada but like i said, understandable.

>> No.4702771

has anybody used flexepin on coinsquare? hate their withholding period.

>> No.4702858
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4702858

>>4700762
I use bylls to sell my btc. Took 2 days to receive the deposit to my account.
ref code in case you use it: 648620cb9eea92185d598d4d

>> No.4702959

anybody want to tell us what they did for the tax plan in Canada? CRA after you if you don't report it?

>> No.4703337

>>4702959
Yea better idea to, 50% of your capital gains are taxable as income. So It's not that bad and probably not worth the risk of them finding out 7 years down the road that you participated in tax evasions

>> No.4703496

>>4700958

The trading interface while better is still pretty shit. Not a problem if you're gonna move the coins anyway. But they make you wait a week til you can move your coins which is an eternity in crypto