How To Start With Canadianbitcoins.com
To start trading with Canadianbitcoins.com, Indian residents first have to sign up for an account by following the steps below.
Step 1. Click on the “Login/Signup” link on the top right hand corner of the Canadianbitcoins.com website.
Step 2. In the form, fill in your first name, last name, mobile number, email ID and password.
Step 3. If you have a referral code, enter the code while creating your account.
Step 4. Submit the form and wait for an activation email to be sent to you.
Step 5. Click on the “confirm email” link in the activation email.
Step 6. After your account is activated, you’ll be sent a 6 digit one time password (OTP), which you have to enter after logging into your Canadianbitcoins.com account.
How It Work
Buying Bitcoins and other Crypto Currencies with $CAD
- Fill out the BUY form on the Buy/Sell page. Specifying the amount of $CAD you wish to spend on Bitcoins/Crypto, and your wallet address that you want to receive the purchased crypto at.
- Choose your payment method, and follow the instructions that are emailed to you.
*Payment forms accepted are – cash in office, debit in office, cash through express mail, online bill payment, direct debit, flexepin and Interac® Online.*
- When we receive the payment, we will deposit the Bitcoins/crypto to the provided wallet address. *Please note orders must still be approved manually on our side before any coins are sent, typically Mon-Fri 9-5.
Selling Bitcoins and other Crypto Currencies and receiving $CAD
- Fill out the SELL form on the Buy/Sell page. Specifying the amount of Bitcoins/Crypto you wish to sell.
- Select your requested payment type, and enter other payment details as necessary.
*Current payment forms accepted are – cash in office, cash through express mail, and direct deposit.*
- Click continue and confirm all the information is correct.
- Click the confirmation button to obtain a wallet address to deposit your Bitcoins/Crypto into.
- Deposit Bitcoins/Crypto within 3 hours.
- When we receive the Crypto (> 0 confirmations required), we will send your $CAD payment.
- If you make multiple sell orders in one day, please be aware that we will only deposit/mail out one payment per business day.
- Please note that cash orders by express mail are fullfilled based on the order they are recieved, and available cash. This can create delays on completing orders. If time is an issue please look at getting your account verified and using our direct deposit option.
Yes. Canadianbitcoins.com The buying/selling process works fine, and the user feedback about the operation as a whole, is simply stellar. People used CanadianBitcoin.com services even back when the price of BTC was $10, and even back then, they were satisfied with how things moved along. The website features an exhaustive FAQ section, where many aspects concerning fiat money/crypto transfers are covered in detail.
As far as user feedback is concerned, it is safe to say that the reputation of the brokerage is spotless thus far. While there is some griping about the prices they offer, people seem to love CanadianBitcoins, and the operation appears to be frank in its interactions with the user community. There are scores of users on bitcointalk.org straight-up praising the service.
If you have a problem with a transaction or a question about your Canadianbitcoins.com account, you can contact the customer support team by submitting a support ticket online or by using the online chat from your dashboard page. There’s also a toll free number listed on the website or you can send an email to the customer support team.