More and more people in Canada and around the world are becoming aware of the benefits of using cryptocurrency. That’s why they are interested in investing in the most popular cryptocurrencies like Bitcoin, Ethereum, and Litecoin. Just a few years ago, only a small number of people were familiar with this concept and most experts were very skeptical about the real value of these digital currencies. Now, serious investors are re-directing some of their funds on the cryptocurrency market. At the same time, thousands of people are buying hardware that allows them to “mine” these currencies. Bitcoin is the oldest and most popular type of cryptocurrency. It is possible to buy just a fraction of a Bitcoin if you want to. This de-centralized cryptocurrency has shown an incredible trend when it comes to its price. In the last two years, Bitcoin value has increased over 20 times. The other cryptocurrency on this list is Ethereum. This cryptocurrency is not as simple as Bitcoin. Namely, you can use it to manage complex contracts. Many people and organizations use it as a platform for a wide array of digital services and products. In addition, there are a few well-established companies that have invested in Ethereum. Finally, we have Litecoin which is a P2P cryptocurrency. Litecoin is created faster than Bitcoin and relies on a script which is part of the proof of work algorithm.
If you are wondering how to buy Bitcoin – Ethereum – Litecoin, we must point out that the simplest way to do this is to use one of the reputable cryptocurrency exchange sites. You can conduct these transactions online without any hassles. Of course, you can also arrange direct meetings with users over sites like localbitcoins for example. But, if you want to finish this online, we will recommend two websites.
For starters, there is CoinSquare, which is probably the most used platform of this kind in Canada. You can buy cryptocurrencies and precious metals via CoinSquare. This is a safe site where the transactions are relatively fast. The fees on this platform are reasonable too.
The other platform that deserves to be on this short list is Coinbase. Users from more than 30 countries, including Canada, can use this website. They have excellent customer support and a user-friendly interface which makes the process of buying and selling any kind of cryptocurrency smooth and hassle-free.