Exchange

Exchange rate
1 BTC = 70539.75 CAD
Reserve
10065 CAD

What is Bitcoin

Bitcoin is a blockchain-based digital currency, it is a peer-to-peer version of electronic cash which allows the payments to be made without any intermediaries such as financial institutions. Bitcoin trades under the ticker symbols BTC. Launched in 2009 by Satoshi Nakamoto, Bitcoin is aimed at giving the masses financial freedom and develop a trustless economy.

Bitcoin is the first cryptocurrency based on blockchain technology. BTC remains to be the most popular digital currencies despite the inception of plenty of altcoins. In recent years, Bitcoin price sky-rocketed and captured the attention of many investors all over the world. Many merchants across the globe are now accepting payments in this cryptocurrency.

Some of the advantages of using the Bitcoin include lower transaction fees, highly secured and decentralized. The impact of this cryptocurrency is so huge that it led to the development of many other virtual currencies often referred to as Altcoins. Bitcoin laid the foundation for the much-needed cryptocurrency industry in the past decade.

How To Buy Bitcoin?Buy Now

Clients can buy Bitcoin on RaincityEx for one of many cryptocurrenties or for Canadian Dollars (CAD)

Pick BTC as your recieve currency

Choose the cyrpto or CAD to buy BTC with

Enter your BTC wallet address

Send your deposit for the exchange

Recieve your exchanged coins between 5 - 30 mins!

How to Sell Bitcoin?Sell Now

Swap Bitcoin coins for an asset from our selection of crypto selection by following the steps below:

Pick BTC as your send currency

Choose the asset you’d like to get for your BTC

Enter the wallet address of the coin you’d like to get

Send your deposit for the exchange

Recieve your exchanged coins between 5 - 30 mins!

How much bitcoin can I buy?

You don’t need to start by buying 1 entire Bitcoin!

In fact you can buy fractions of a Bitcoin, the smallest possible unit of BTC is called a satoshi (sats) and is equivalent to 0.00000001 BTC (8 decimal places). If you are new to Bitcoin you can start your cyrpto investment by stacking sats.

With RaincityEx you can start buying Bitcoin with as little as $100.

Bitcoin Exchange Advantages on RaincityEX

  • At RaincityEX your privacy and security are important to us. Our non-custodial service will never control, store, or hold your funds in any way.
  • RaincityEX provides fast transactions that take less then 10 minutes on average.
  • Honesty above all. No Extra Fees. Network fees and exchange charges are included in the rate.
  • Quick & Easy registration allows you to start exchanging cyrptocurrencies within a few minutes.
Start an Exchange

Other ways to buy bitcoin in Canada

Bitcoin ATM Machine: Bitcoin ATM machines are great for Canadians looking for the familiar experience of using an ATM machine to complete a transaction. In the early days it may have been possible to use a Bitcoin ATM machine without providing identifying information, but most Bitcoin ATMs will ask for verification in this day and age and often charge significantly higher fees as well.

In-Person: Some bitcoin businesses offer actual brick-and-mortar storefronts where a customer service representative will sit at a desk and walk customers through the purchasing process from start to finish.

Privately (Person to Person): For those that really value privacy, they can meet up with friends they trust to buy Bitcoin in person. LocalBitcoins.com offers a marketplace where users can set their own buy and sell rates for Bitcoin and arrange to meet in person.

Bitcoin Frequently Asked Questions

If you want to withdraw Bitcoin in cash, there are special Bitcoin ATMs installed all around the world, you can check if there is one in your area.

All forms of investments carry with them an inherent level of risk so you should never invest more than you’re willing or ready to lose.

Cryptocurrencies like bitcoin are known to be volatile and the price fluctuates quite a bit on a day to day basis. What’s important to understand as well is to zoom out and look at the bigger picture.

If you do buy bitcoin, also remember to properly secure your wallet and follow security best practices!

In general, it takes around 15 minutes for a transaction to be processed. The time may vary depending on the blockchain.

You can check the current Bitcoin exchange rate in our exchange window, just type in the desired amount of BTC you want to exchange.

There are plenty of ways to exchange cryptocurrencies, however all of them have some disadvantages. Custodial exchanges are convenient, but they require registration and you hold your assets with personal information on a third party server. You can exchange it peer to peer without any mediator, however all the risks in this case are also on you.
The most secure way to exchange crypto is by using a non-custodial exchange that does not require registration, does not take hold on your funds and has earned users’ trust.