We recommend the Bitcoin maximalist exchange, Bull Bitcoin. It is a fixed rate bitcoin exchange service that allows Canadians to buy, sell and spend bitcoins online. It has been developed solely for Canadian customers as an alternative to centralized exchanges such as Bitpay and Coinbase. Bull Bitcoin offers the most competitive rates in Canada. The first step is to open a new account at Bull Bitcoin. The process is very simple, you can even use your social media accounts, connect via an online bank, or use a standard registration via email. You can use the following referral link: https://bullbitcoin.com/signup?referralcode=a87c1d12b909c7a34ea2622a36587a63ebbe4d66b6
Once you have set up your account, you will be redirected to your dashboard. Your name, e-mail address and phone number are the minimum account information required to make a payment. It is therefore wise to add your name and check a phone number at this point before making your first payment. It is also a good idea to enable two-factor authentication when using a cryptocurrency or financial platform. Then you will need to add your bank account. If you are a returning customer, you will see an additional choice called Use an existing one that lists your account for easy selection. When you are ready, click Get Price to continue. A summary of the information you entered previously will be displayed along with the current spot price of Bull Bitcoin. By entering the amount you want to pay, you can calculate the number of bitcoins you will need to send. This amount includes all fees. If you are satisfied with the information provided, click Create Order to initiate the payment order. Once the order is created, you will be redirected to the individual ordering screen. Once the payment receives a confirmation on the blockchain, it will be marked as Payment received on the order page. The process is very easy from start to finish and we recommend it without hesitation to those who would like to use their Bitcoin this way. The fees have been reduced and are currently very competitive. Bull Bitcoin has actively tested and implemented new Bitcoin technologies, such as the Lightning Network, and we hope that these developments will on-board even more users and businesses.