How do I convert Canadian dollar to bitcoin?
As a cryptocurrency enthusiast, I'm often asked about the process of converting fiat currencies like the Canadian dollar into Bitcoin. Could you elaborate on the steps involved in this process? Firstly, is it necessary to have a cryptocurrency wallet set up to store the Bitcoin? Secondly, what platforms or exchanges should I consider for this conversion? Are there any specific fees or exchange rates I should be aware of? Furthermore, is there a minimum or maximum amount I can convert at a time? And lastly, what safety measures should I take to ensure a secure and smooth transaction?
How to sell bitcoin (Canadian dollar) on coinsquare?
Could you elaborate on the process of selling Bitcoin for Canadian dollars on Coinsquare? As a crypto enthusiast, I'm curious to know the steps involved in this transaction. Specifically, I'd like to understand the initial setup process, including account verification and funding methods. Then, I'd like to know how to navigate the platform to locate the Bitcoin-CAD trading pair. Additionally, I'm interested in the fees associated with this transaction and any other factors that could impact the final amount received in CAD. Finally, I'd appreciate any advice or tips you have for optimizing the selling process on Coinsquare. Thank you for your help!