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How to buy Trump’s crypto strategic reserve in Canada
US president Donald Trump has announced the first cryptocurrencies to be included in the US strategic crypto reserve. Here’s where you can buy the coins that Trump has announced for the strategic reserve, including step-by-step instructions for buying them.
This is not an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade or use any services.
Which coins are included in the Trump crypto reserve?
How to buy the US crypto strategic reserve coins in Canada
The easiest place to buy the coins announced for Trump’s crypto reserve in Canada is via a dedicated cryptocurrency exchange.
The coins announced for the reserve—Bitcoin, Ethereum, XRP, Solana and Cardano—are some of the most popular coins, and all can be traded via Canadian crypto exchanges.
Follow these steps to get started:
- Find a crypto exchange. The easiest way to buy these five coins is from a cryptocurrency exchange. When looking at exchanges, try to find one that offers low trading and payment fees as well as support for CAD transactions.
- Open an account. Once you’ve picked an exchange, you’ll need to create an account and verify it using a form of photo ID.
- Deposit funds. After your account is verified, you can deposit CAD via bank deposit or card or use your exchange’s instant buy feature to buy crypto immediately.
- Buy crypto. Search the exchange for the coin you want to buy, select how much you want to purchase and then confirm the transaction.
- Secure your coins. Consider transferring your crypto to a wallet to have more control over your coins.
Where to buy Trump’s crypto reserve in Canada
Almost every dedicated crypto exchange will let you trade the coins included in Trump’s crypto strategic reserve: Bitcoin, Ethereum, XRP, Solana and Cardano.
If this is your first time buying cryptocurrency, it might be easier to use an exchange that lets you buy crypto with Canadian dollars directly via your preferred payment method.
You can compare crypto exchanges based on their payment method options below:
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Finder Score for crypto exchanges
To make comparing even easier we came up with the Finder Score. Supported coins, account fees and features across 28 cryptocurrency trading platforms are all weighted and scaled to produce a score out of 10. The higher the score, the better the exchange—simple.
What is Trump’s US strategic crypto reserve?
Shortly after his inauguration in January, US president Donald Trump signed an executive order calling for the establishment of a “national digital asset stockpile” where the US government would hold a selection of cryptocurrencies as a form of national fund.
In early March, Trump revealed the first coins that would likely be included in this strategic crypto reserve: Bitcoin (BTC), Ethereum (ETH), XRP (XRP), Solana (SOL) and Cardano (ADA), causing the price of these coins to surge.
What other coins are going to be added to Trump’s strategic reserve?
As it stands, no other cryptocurrencies have been confirmed for the national stockpile beyond the five coins initially announced by Trump.
However, Trump has repeatedly claimed that his administration will be prioritizing US-based cryptocurrencies, so any coins added to the strategic reserve in future will likely need to be founded or managed in the US.
According to CoinGecko, coins made in the US include Hedera Hashgraph (HBAR), Chainlink (LINK), Stellar (XLM), Sui (SUI) and NEAR Protocol (NEAR).
Sources
Disclaimer: Cryptocurrencies are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the cryptocurrencies discussed.
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