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There are some subjects in life that are really hard to wrap your head around like molecular cell biology, calculus and chess no matter how many times you've watched The Queen's Gambit.
You may think Bitcoin falls under the same category but it's actually surprisingly easy thanks to exchange platforms like Coinsmart.
It's the go-to cryptocurrency trading platform a lot of Canadians use, even newbies who are dipping their feet in the digital currency pond for the first time. It can be a complex world but this company makes it super simple to buy and sell crypto.
Fun fact: No one knows who the real inventor of Bitcoin is. All we know (or will ever know, most likely) is that it was created under the pseudonym Satoshi Nakamoto.
Still confused about what cryptocurrency even is at this point? Coinsmart has a GetSmart hub on their website that's chock-full of educational articles on things like Blockchain, Utility Tokens and Ethereum. They're easy to follow along if you're curious about making your first Bitcoin exchange.
You'll be amazed at how easy it is to set up an account on Coinsmart, get verified and start trading all in the same day. There are four funding options to choose from including Interac e-Transfer with a minimum of $100.
Right now, Narcity readers who sign up and make the minimum fiat deposit can get $20 added back in their account so you have even more to invest with.
The trading fees are low, too. It's .20% for a single trade. So, let's say you buy $1,000 worth of Bitcoin. The trading fee will be $2.
But it's not just Bitcoin. You can also trade Litecoin, Cardano, Tether, Ripple, Stellar and more, too.
If you're more experienced with this stuff, you can access their AdvancedTrade platform or sign up for CS Premium where you get things like real time charting and a dedicated account manager to fill your large orders (we're talking $25,000+, here) at better rates.
It's totally normal if you have a lot of questions right now. Coinsmart is actually the only Canadian platform that provides 24/7 support via email or live chat. It feels good knowing you're a name and not just a number, doesn't it?