BitCanuck Offers Canada-Only Exchange as the Face of Canadian Cryptocurrency Investors Changes
CALGARY, Alberta--(BUSINESS WIRE)--May 16, 2018--As cryptocurrencies continue to gain traction around the world, the launch of BitCanuck gives an opportunity for Canadians to buy from a local exchange. As institutional investors and Baby Boomers join the ranks of investors, the “wild west” days of crypto-currency are waning, creating an opportunity for Canadian entrepreneurs and investors alike.
After going live in March of 2018, Calgary-based BitCanuck has captured thousands of users across the country, with almost no marketing effort. BitCanuck requires more information from their users than a bank for security purposes and now support over 13 digital currencies including Bitcoin and Ethereum. The platform is due to be updated to include both official languages in the fall of 2018 to support the burgeoning market in Quebec.
“Although cryptocurrency is global by nature, regulators are moving towards national standards,” said Adrian Sischin, life-long entrepreneur and BitCanuck Founder. “Canadians want to buy from a stable exchange where they can chat to local people over the phone.”
Sischin, who is also a master-licensee for RE/MAX speaks to investors on a daily basis. While many stereotype investors as young, urban professionals, Sischin says that is not always the case. Cryptocurrencies can create a significant return within months, which is a novel experience to investors used to single-digit returns. He is incredibly optimistic about BitCanuck as the face of investors is as diverse as Canada itself, including Canadians from rural areas, with the biggest investment amounts coming from Baby Boomers. Although they have the means, these folks may not have the technical capacity of the younger crowd.
“I had a woman from Rural Alberta drive her truck over to her nephew, since she did not have the technical ability to take a selfie,” said Sischin. “I talked her through it, and she felt more comfortable. The fact that we are Canadian, provide outstanding customer service and chat to people over the phone makes a real difference.”
In just two months of operation, BitCanuck has attracted users in every province. They plan to help educate their users using online courses and events. Through based in Canada, the company has access to a network of hand-picked experts from across Europe. This helps users get the “best of both worlds”.
Launched in 2018, BitCanuck is a Canadian cryptocurrency platform, supporting users across the country. The solution supports 13 currencies and will be made available in both official languages. The company was founded by Adrian Sischin, RE/MAX Master-license holder and the Chairman of the Board of GoRanker, a global network of internet entrepreneurs.
BitCanuck believes the evolution of blockchain technology and a decentralized financial landscape will transform the Canadian market.
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