Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our content.

How to buy BTSE Token (BTSE) in Canada

Learn how to buy BTSE Token (BTSE) in our step-by-step guide.

BTSE Token (BTSE) is the 118th largest cryptocurrency by market cap, valued at US$329,923,440.

BTSE Token is a highly volatile asset capable of major price swings in a single day. Today BTSE is trading for $2.04 USD, which is lower than yesterday's trading price of $2.04 USD. Over the past year, BTSE Token's price has seen a decrease of -69%.

So before you buy BTSE Token, make sure you understand these unique risks as well as its legal and tax status here in Canada.

If you're ready to get started, read on for step-by-step instructions on how you can buy BTSE Token.

How to buy BTSE Token in 4 steps

The whole process can take as little as 15 minutes and all you'll need is a smartphone or computer, an internet connection, photo identification and a means of payment.

  1. Compare crypto exchanges
    The easiest way to buy BTSE Token is from a cryptocurrency exchange. Comparing in the table below lets you find one with the features you want such as low fees, ease of use or 24-hour customer support.
  2. Create an account
    To create an account on an exchange, you will need to verify your email address and identity. Have some photo ID and your phone ready.
  3. Make a deposit
    Once verified, you can deposit CAD using the payment method that best suits you – cryptocurrency, bank and card payments are widely accepted.
  4. Buy BTSE Token
    You can now exchange your funds for BTSE Token. On easier-to-use exchanges, this is as simple as entering the amount you want to purchase and clicking buy. If you like, you can now withdraw your BTSE Token to your personal wallet.
Disclaimer: This is not an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade.

Where to buy BTSE Token in Canada

Find an exchange to buy, sell and trade BTSE by comparing deposit methods, supported fiat currencies and fees. Select Go to site to sign up directly with the exchange.

1 - 1 of 1
Name Product Deposit methods Fiat Currencies Cryptocurrencies Offer Disclaimer
Bitfinex Professional Trading Exchange
Bitfinex Professional Trading Exchange
Credit card, Cryptocurrency, Bank Wire
USD, EUR, GBP, JPY

244
cryptocurrencies

Cryptocurrencies are a highly volatile investment product. Your capital is at risk.
Go to site
View details
Disclaimer: Star ratings are only displayed for products with 10 or more reviews.
loading

How we keep this BTSE Token guide up-to-date

  • BTSE price data is regularly updated through data feeds so you always have the latest information.
  • BTSE Token performance data is regularly updated using automated comparisons and AI systems built by our technical experts Zak Killermann and Helen Hu.

How do I find the best places to buy BTSE Token?

Cryptocurrency exchanges offer similar services, but differ in a few key ways – mainly fees, the range of cryptos available and payment methods. You can use our table to compare the features of popular cryptocurrency exchanges available in Canada to help you choose the one that's right for you.

Some other factors you may want to consider are customer support, user reviews, ease of use and whether or not the exchange is registered with a local regulator. This information can be found by clicking on the exchange name in the table which will take you to its review page.

What will I need to buy BTSE Token?

To create an account on any cryptocurrency exchange you will need an email address. Some exchanges may also ask for a phone number and photo ID, so it's a good idea to have those ready.

An increasing number of cryptocurrency exchanges will ask to verify your identity before you can deposit funds and start trading BTSE Token.

  • This process is known as Know Your Customer (KYC) and usually requires photo ID and a webcam or smartphone. You may also need to prove your address by uploading a copy of a recent bank statement or utility bill.
  • Some exchanges allow you to deposit and trade cryptocurrencies without passing KYC, but they will not allow you to transfer local currency from your bank account. So if you are planning on purchasing BTSE with your local currency then you will need to pass KYC.
  • Once you have verified your identity, it is a good idea to enable 2-factor authentication (2FA) before depositing any funds. This will increase the security of your account and help keep your funds safe.

What are the best ways to buy BTSE Token?

Once you've created an account, you will need to deposit funds to buy BTSE with. You can either deposit local currency from a bank account or credit card, or transfer cryptocurrency from another exchange or wallet. Here are some popular ways to buy BTSE:

  • Bank account: Transfers from local bank accounts are usually free, but you will need to double-check this with the exchange you choose – this information can be found in our table by clicking on 'view details'.
  • Credit or debit card: Linking a card to your account is another convenient way to top up your account, but be aware that it usually attracts an additional fee. An advantage, though, is that you can use a card to make instant purchases or set up a recurring purchase.
  • Cryptocurrency: You can usually purchase BTSE by trading it for another cryptocurrency like Bitcoin or a stablecoin. This varies between exchanges though, so you will need to search for BTSE on the spot market to see what cryptocurrencies it can be traded for.

What is the easiest way to buy BTSE Token?

The easiest way to buy BTSE is by placing an 'instant buy' order to purchase it for a fixed price but not all crypto exchanges offer this feature.

Alternatively, you can open a trade on the spot market which allows you to set your own price – this is the most common way to purchase cryptocurrency. Using the instant buy feature is straightforward but typically more expensive than using the spot market.

Before buying BTSE, you may want to check the market conditions. To help you decide if now is the right time to buy, you can take a look at our all-time high tool to get an idea of how the price of BTSE Token has been performing recently.

Best BTSE Token wallets to store your BTSE

You can keep your BTSE on the exchange you purchased it on, or move it to a personal wallet:

  • Some people like to use their own wallets to guarantee total ownership over their assets, or to use them with other applications like DeFi services.
  • Hardware wallets are typically considered to be the safest type of cryptocurrency wallet, as they use a physical device to enhance security in a number of ways. You can take a look at some of our top hardware wallet picks for self-custody of your BTSE below.

Ledger Nano X Wallet

Trezor Model T Wallet

Go to site
Go to site

Supported assets

5,500+

Supported assets

1,317+

Price (USD)

$149

Price (USD)

$186

Disclaimer: This information should not be interpreted as an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade.

Is BTSE Token a good investment?

Cryptocurrencies are highly speculative assets that come with a range of risks. As a result, all altcoins should be thoroughly researched before any investment is made. Potential investors of BTSE may want to consider the following:

  • Low and negative fee mechanism: The fees charged by the exchange are below the average of most centralised exchanges on the market. Working on a maker/taker system, spot trading fees start from 0.12%, while futures contract fees start from 0.04%. Interestingly all market ‘makers’ within the futures contract order book are actually paid to trade. Futures contract market makers are charged -0.01% meaning that BTSE pays them to create liquidity. It is one of the only exchanges to offer negative maker fees. Holding the native BTSE token helps to reduce trading fees even further. The low fees offered by BTSE could be extremely attractive to both spot and futures market traders.
  • Token supply: There is a maximum capped supply of 200 million BTSE tokens. No more BTSE tokens will ever be entered into supply. While the token does not yet have an active burn mechanism, the exchange has so far burned approximately 38 million, which were not sold during a private sale. The circulating supply of BTSE has been split between the Liquid sidechain and the Ethereum blockchain.
  • Competition:The BTSE exchange has entered a heavily saturated section of the cryptocurrency industry. There are now hundreds of cryptocurrency exchanges competing to secure market participation. BTSE will need to compete with Binance, Crypto.com, KuCoin, Coinbase, and FTX, which all offer both spot and futures market trading. Many offer above and beyond what BTSE is offering so future investors need to be sure that the exchange will be able to compete in the future.

Today's BTSE Token price versus ATH

Compare today's price of BTSE Token ($2.04 USD) against its all-time-high price of $9.21 USD on 23 March 2022. The closer the bar is to 100%, the closer BTSE is to reaching its ATH again.

BTSE Token's price: $2.04
ATH date: March 23, 2022
22.15%

BTSE Token ATH: $9.21


How to trade, convert or sell BTSE Token

You can convert or sell your BTSE with the same exchange you bought it through:
  1. Sign in to the exchange you have BTSE on.
  2. If you store your BTSE Token in a digital wallet, compare crypto exchanges to convert or sell it on.
  3. Choose Sell or Convert and place a sell order.
  4. Choose the amount of BTSE you'd like to convert or sell.
  5. Confirm the sell price and fees and close your sale of BTSE Token.
  6. Complete your transaction and move your BTSE to a wallet for storage.
  1. Data by CoinGecko

Disclaimer: Cryptocurrencies, including BTSE Token, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of BTSE 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 BTSE Token or any other cryptocurrency discussed.

More guides on Finder

Go to site