Canadians can now buy bitcoin with a Bitcoin Well Account using “Cash Vouchers” – a payment rail designed to safely eliminate barriers to first time Bitcoin Well customers. When you make an account at Bitcoin Well, you can now buy (and sell) bitcoin before you verify your account – we call this a Lite account. This simultaneously helps you preserve your privacy as well as eliminates the risk that your bank will reject or tamper with the transaction. This is a massive win for our customers who value convenience as well as the privacy of their personal information! The problem? Currently ..read more

The mission As you’ve heard me say time and time again, Bitcoin Well exists to enable independence. And, as you can tell by our name, we do this by making software that makes it easy to buy, sell and use bitcoin. Our products give you (the customer) convenient control of bitcoin. Which is really convenient control of your money… something we haven’t had for generations.  As I fixate more and more on this mission, I have been realizing that convenient control of bitcoin isn’t enough. If it were we could have stopped at Bitcoin ATMs, they offer convenience and privacy wrapped up in a non ..read more

Navigating the world of Bitcoin transactions can often feel like a balancing act between convenience and compliance. At Bitcoin Well, a premier North American Bitcoin exchange, we understand the desire for both. That’s why we’ve tailored our services to accommodate your needs, even before you complete the full verification process. Here’s what you can do without verifying your account, and how a simple step like confirming your email can unlock even more possibilities. Without Email Confirmation: Purchase Gift Cards For those eager to dive into the Bitcoin ecosystem without the wait, Bitco ..read more

Introduction In today’s digitized world, Bitcoin is reshaping the landscape of financial transactions. Canada, known for its progressive stance on digital currencies, offers a seamless and secure method for purchasing Bitcoin using e-transfer. This method not only simplifies the process but also integrates the world of traditional banking with the innovation of digital currency. In this guide, we’ll walk you through the steps to buy Bitcoin in Canada using e-transfer, ensuring a smooth and secure transaction. The Verification Process on Bitcoin Well: A Step-by-Step Guide 1. Initial Sign-Up ..read more

Introduction In today’s digitized world, Bitcoin is reshaping the landscape of financial transactions. Canada, known for its progressive stance on digital currencies, offers a seamless and secure method for purchasing Bitcoin using e-transfer. This method not only simplifies the process but also integrates the world of traditional banking with the innovation of digital currency. In this guide, we’ll walk you through the steps to buy Bitcoin in Canada using e-transfer, ensuring a smooth and secure transaction. Understanding the basics: why e-transfer?   E-Transfer, a popular metho ..read more

The Bitcoin ETF is here! It certainly wasn’t without drama that the Bitcoin ETF finally debuted on January 11, 2024. Ironically, this date marks exactly 15 years since Satoshi and Hal Finney made their first transaction on the bitcoin blockchain (which was 8 days after the genesis block was mined). I won’t bore you rehashing the events of the SEC committing one of the greatest false starts in history, but I will take this opportunity to highlight how ridiculous it is that these “governing organizations” are installed to protect us and (inadvertently, or maybe not) and yet their actions ..read more

How to make large bitcoin transactions With the safest platform in Canada This article will cover making large bitcoin transactions safely and easily. As we know, there are two main strategies to use when buying bitcoin.   Dollar cost average  One time buy We covered dollar cost average in a recent blog post. But today, I want to talk about making large bitcoin transactions, or one-time buys. In this blog post we’ll run through 2 things: What makes this strategy good? What to do before your first large bitcoin transaction. How to make large bitcoin transactions. Why is a ..read more

Recurring buy in Canada What are my options? In Canada, you have a few different ways to set up a bitcoin recurring buy. Quickly, if you don’t know, recurring buy is what most people in the industry tout as the gold bitcoin standard to increase your stack. It removes emotion from the wild price fluctuations and makes sure you are diligently saving in bitcoin. Whenever I get asked “when is the best time to buy bitcoin” my answer is always the same. The best time to buy bitcoin was in 2010. The next best time is every two weeks for the rest of your life, regardless of price. - Adam O'Brien ..read more

Don't send anyone bitcoin! Many fraudsters use tricks and intimidation to try to make you part with your hard earned money. Your hard earned bitcoin. We’ve seen a lot of these during our 10+ years in bitcoin. I am writing this to urge you to please read through this list, be on the lookout for someone who many be targeting you but most importantly be diligent and DO NOT send any bitcoin to anyone for any reason. These scams are not new. The methods and intimidation they use are not new. The method of payment has gone from prepaid sim cards, to iTunes gift cards, to prepaid credit cards and h ..read more

Buy bitcoin in the USA - with emphasis on self-custody It’s been 129 days since we announced we were launching a self-custody by default portal in the USA. Roughly 18,000 blocks of bitcoin have been mined, bringing 112,500 new bitcoin into circulation. And in that time, we built a platform focused on you.  Specifically, your independence. Enabling your ability to buy bitcoin and not only place emphasis on self-custody of your coins, but force it.  There is a key distinction between forced self-custody and self-custody (withdraw) enabled. One enables you to be independent and hold ..read more