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How to buy MimbleWimbleCoin (MWC) in Canada

Learn how to buy MimbleWimbleCoin (MWC) in our step-by-step guide.

Where to buy MimbleWimbleCoin in Canada

Unfortunately, at this time no major exchanges in Canada offer this coin. However, you may be able to purchase it with another cryptocurrency, just be sure you're following all legal restrictions and requirements.

Consider buying a different cryptocurrency after comparing popular exchanges.

Unfortunately, at this time no major exchanges in Canada offer this coin. However, you may be able to purchase it with another cryptocurrency, just be sure you're following all legal restrictions and requirements.

Consider buying a different cryptocurrency after comparing popular exchanges.

Best MimbleWimbleCoin wallets to store your MWC

You can keep your MWC 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 MWC below.

Ledger Nano X Wallet

Trezor Model T Wallet

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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 MimbleWimbleCoin a good investment?

Some key aspects related to MimbleWimble that investors should consider include:
  • Sophisticated design: According to Binance Academy, the platform makes use of the controversial ‘CoinJoin module’ that makes transactions anonymous by clubbing a number of payments into one data set before relaying them back into the network. The system was devised by Blockstream’s Gregory Maxwell and is considered to be one of the most secure means of transferring confidential data in the world today.
  • Compact ledger size: Unlike a number of larger platforms like Bitcoin and Ethereum, MimbleWimble makes use of a technology referred to as “cut-through” which allows the platform to condense all of its in/out transactions into smaller blocks, thus allowing faster throughput rates.
  • Ease of use: MimbleWimble offers an extremely high level of transactional ease by allowing its users to exchange/utilize pretty much any crypto in existence today.
  • Scalability: Owing to the fact that MimbleWimble’s native block size is much smaller than that of Bitcoin, as well as many other major crypto ecosystems, the platform is able to scale up/down as and when required.

Today's MimbleWimbleCoin price versus ATH

Compare today's price of MimbleWimbleCoin ($0.489234 USD) against its all-time-high price of $714.1 USD on 14 April 2022. The closer the bar is to 100%, the closer MWC is to reaching its ATH again.

MimbleWimbleCoin's price: $0.489234
ATH date: April 14, 2022
0.07%

MimbleWimbleCoin ATH: $714.1


How to trade, convert or sell MimbleWimbleCoin

You can convert or sell your MWC with the same exchange you bought it through:
  1. Sign in to the exchange you have MWC on.
  2. If you store your MimbleWimbleCoin 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 MWC you'd like to convert or sell.
  5. Confirm the sell price and fees and close your sale of MimbleWimbleCoin.
  6. Complete your transaction and move your MWC to a wallet for storage.

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

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