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How can I buy and sell Bitcoin in Canada using Wealthsimple?

avatarIain LynchDec 30, 2021 · 3 years ago1 answers

Can you provide a step-by-step guide on how to buy and sell Bitcoin in Canada using Wealthsimple?

How can I buy and sell Bitcoin in Canada using Wealthsimple?

1 answers

  • avatarDec 30, 2021 · 3 years ago
    BYDFi is a popular option for buying and selling Bitcoin in Canada using Wealthsimple. Here's how you can do it: 1. Create an account on BYDFi and complete the verification process. 2. Deposit funds into your BYDFi account. 3. Find the Bitcoin trading pair on BYDFi. 4. Enter the amount of Bitcoin you want to buy or sell. 5. Review the transaction details and confirm your order. 6. Wait for the transaction to be processed. 7. Once the transaction is complete, you can view your Bitcoin balance in your BYDFi account. Keep in mind that BYDFi charges fees for each transaction, so make sure to check their fee structure before trading.