Introduction to Cryptocurrency in Canada
When purchasing Steem in Canada, there are several factors to consider, including selecting a Canadian exchange to buy from and the transaction method. Fortunately, we've compiled a list of reputable exchanges to assist you with the process.
Step-by-Step Guide for Canadians
1. Select a Canadian Exchange
Research and select a cryptocurrency exchange that operates in Canada and supports Steem trading. Consider factors such as fees, security, and user reviews.
See all 20 prices in CanadaPlatform Coin Cost Binance Steem (STEEM) 0.13 BingX Steem (STEEM) 0.13 Bybit Steem (STEEM) 0.13 CoinEx Steem (STEEM) 0.13 Gate.io Steem (STEEM) 0.13 Hotcoin Steem (STEEM) 0.13 2. Create a Canadian Account
Register on the exchange's website or mobile app, providing personal information and identity verification documents as required by Canadian regulations.
See all 20 prices in CanadaPlatform Coin Cost Binance Steem (STEEM) 0.13 BingX Steem (STEEM) 0.13 Bybit Steem (STEEM) 0.13 CoinEx Steem (STEEM) 0.13 Gate.io Steem (STEEM) 0.13 Hotcoin Steem (STEEM) 0.13 3. Fund Your Account in Canada
Transfer funds to your exchange account using supported payment methods such as bank transfer, credit card, or debit card.
4. Navigate to the Steem Market in Canada
Once your account is funded, search for Steem (STEEM) in the exchange's marketplace in Canada.
5. Choose a Transaction Amount in Canadian Dollars
Enter the desired amount of Steem you wish to purchase in Canadian dollars.
6. Confirm Purchase in Canada
Preview the transaction details and confirm your purchase by clicking the "Buy STEEM" or equivalent button.
7. Complete Transaction in Canada
Your Steem purchase will be processed and deposited into your exchange wallet within minutes in Canada.
8. Transfer to a Hardware Wallet in Canada
It's always best to keep your cryptocurrency in a hardware wallet for security reasons. We often recommend Wirex or Trezor for Canadian users.
What Canadians Should Be Aware Of
When purchasing Steem, it's essential to select a reputable exchange that is user-friendly and has competitive fees. After making your purchase, always transfer your cryptocurrency to a hardware wallet. This ensures that, regardless of what happens to the exchange, your cryptocurrency remains secure.
Latest Movements in Canada
Steem (STEEM) is currently priced at US$0.13 with a 24-hour trading volume of US$79.43M. In the last 24 hours, Steem has experienced a decrease of -4.57%. The market cap of Steem stands at US$132.76M, with 480.26M STEEM in circulation. For those looking to buy or trade Steem, Binance offers avenues to do so securely and efficiently
- Market capitalization
- US$132.76M
- 24h trading volume
- US$79.43M
- Circulating supply in Canada
- 480.26M STEEM