• Tue. Feb 27th, 2024

Best Ways to Convert CAD to ETH to Play Online Casino Games

Ethereum / CAD

Ethereum / CAD

Ethereum is the world’s second most popular Cryptocurrency, and its smart contracts innovation has brought iGaming to new heights. Although Ethereum is volatile, its decentralization and independence from financial institutions are an automatic advantage for Canadian gamblers.


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Considering that Cryptocurrency is independent of financial institutions, how do you purchase Ethereum to play online games in anonymous crypto casinos in Canada? This guide will educate you about everything you need to buy your Ethereum at the safest Crypto trading platforms available for Canadian players.

Ethereum Trading Platforms For Canadian Players

PLATFORM ACCEPTED PURCHASE METHODS
Binance AdvCash, Cryptocurrency, Bank transfer (SEPA), P2P, SWIFT, Bank card
Bitbuy Interac, Credit card, Bank wire
Crypto.com Bank transfer, PayPal, Wire transfer, SWIFT, Debit/credit cards
Bybit Simplex, Banxa, MoonPay, E-check, XanPool, 
Kraken Interac, Bank Wire, Apple Pay, Google Pay, debit/credit card

How Do Canadian Players Purchase Ethereum on These Platforms?

All these platforms operate online and Canadians will need a smartphone/Personal computer, a stable network connection, means of identification, and an accepted payment method. To purchase crypto on any of these platforms, it is essential to follow the following steps.

  • Visit each Casino to follow up on their terms and services and choose the one that fulfills all your needs
  • Create an account on your chosen Ethereum trading platform
  • Complete the KYC verification 
  • Make a CAD deposit or use any accepted method to purchase the Ethereum

How Cheap is it to Purchase Ethereum

It is necessary to get one thing straight; It is not compulsory to purchase one Ethereum. Given that the current price of Ethereum at the time of writing this article is $1,528, you can purchase as little as $10 on some trading platforms. However, these platforms allow Canadian players to purchase Ethereum in two ways;

  • Market Buy: This option allows Canadian players to purchase Ethereum at its current market trading price
  • Limit Order: With this option, Canadian players can set a preferred purchase price, and their buyers will not be activated unless the price rises to or drops to the set price.

Choosing The Best Ethereum Trading Platform

Canadian players have a wide range of trading platforms to select from purchasing Ethereum in Canada. Consider the following features to assist you in determining your best option.

  • It is safer to select a locally registered Crypto exchange platform
  • Consider all the platform’s transaction conditions. This includes the fees and transaction limits when purchasing through these exchange mediums.
  • Customer support availability
  • The reputation of the platform
  • It is essential to consider the platform’s range of coins in case you have other assets aside from Ethereum in the nearest future.

Conclusion


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Canadians who want to purchase Ethereum should start by contrasting the various Canadian cryptocurrency exchange websites. It is also essential to consider the exchange’s features, costs, security, and general reputation. The exchange platforms we have identified have all been reviewed and have passed our quality check.


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Kevin Moore - E-Crypto News Editor

Kevin Moore - E-Crypto News Editor

Kevin Moore is the main author and editor for E-Crypto News.