How to buy FileCoin with CAD in Canada

If you want to buy FileCoin but don`t know how to start, you`ve come to the right place.

Here you will find our easy-to-follow step-by-step guide on how to buy FileCoin in Canada with CAD.

FIL / CAD exchange rate for today

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Table of Contents

The Benefits of FileCoin

  • Filecoin is used as a decentralized peer-to-peer storage network that makes it secure and more efficient to store, access, and transfer data.
  • Users of Filecoin pay to store their files on the platform in the same manner as any other cloud storage provider, but in addition to storing users’ files, the platform allows users to store other data for a fee.
  • Filecoin enables users to have stateful programs that work with market operations, proof verification, and more. These perform user-defined operations where certain conditions must be met associated with market operations, proof verification, and spending tokens.

FileCoin price chart (FIL / CAD)

Step 1: Register with a cryptocurrency exchange

To participate in the world of crypto-trading, you first need to sign up with a cryptocurrency exchange. These platforms are where you can buy, sell, and hold cryptocurrency.

There are plenty of cryptocurrency scams out there, so be sure to buy and sell on a reputable exchange.

Binance is one of the best places to buy FileCoin, especially if you live in the Canada. Registration is quick and simple, and the FIL is very easy to buy with CAD.

Why is Binance the best?

  • Low transactions fees of 0.1% and below
  • 25% on trading fees paid with the BNB token
  • Binance is available all over the world
  • Supports a wide selection of over 500+ crypto assets
  • Over 50+ fiat currencies supported
  • Binance staking allows users to earn rewards on their crypto holdings
  • More trading options, including spot trading, margin trading, P2P, and futures trading
  • NFT marketplace to buy and sell NFTs
  • Different trading interfaces to accommodate every users’ trading experience
  • The Binance mobile app enables users to access their accounts and trade on the go
  • Binance Visa Card to spend your crypto hassle-free
  • The Binance Trust Wallet supports 53 blockchains and 1M+ assets.

Unfortunately, Binance is not available in the United States, and Americans can only trade on Binance.US, a Binance version that’s compatible with U.S. regulation.

How to Register on Binance

Firstly, click on the button below to register with Binance, it’s free and easy

Sign up on Binance

To get started, just enter your email address, create a password for your account and click [Create Account].

Your password should be a combination of numbers and letters. It should contain at least 8 characters, 1 upper case letter and 1 number for security.

For security verification, drag the puzzle piece to the right until it fits into its slot.

A 6-digit code will be sent to you via email. Enter it in the next screen.

Finally, you will reach the Welcome to Binance screen. This screen will outline some of the core features.

Step 2: Verify Your Account

Verification is a process used by exchanges to establish the identity of customers. It is necessary for any kind of financial transaction, especially those with higher levels of security or legitimacy. Any user who wants to trade crypto on exchanges must go through verification.

For new users, you may click [Get verified] on the homepage directly.

Click [Start Now] to verify your account.

Select your country (In your case Canada) of residence. You will then see the list of verification requirements for your country. Click [Continue].

Enter your personal information and click [Continue].

Next, you will need to upload pictures of your ID documents. Most users can choose to verify with a passport, ID card, or driver’s license.

After uploading the document photos, the system will ask for a selfie. Click [Upload File] to upload an existing photo from your computer.

After that, the system will ask you to complete face verification. Click [Continue] to finish face verification on your computer.

After you complete the process, please wait for Binance to review your data promptly. Once your application has been verified, Binance will send you an email notification.

Cryptocurrencies and blockchain continue to be favored targets for criminal activity. The ability to make anonymous transactions can allow criminals to engage in financial transactions with more impunity. KYC protocols and identity verification is an essential element for policing the market and protecting crypto investors from theft.

Step 3: Fund Your Account and buy FileCoin

To invest in FileCoin, you’ll need to deposit some money into your account.

Log in to your account, head over to the “Buy Crypto” section on the Binance toolbar, and choose the “Credit/Debit Card” option.

Select FileCoin and enter your order amount. The total price with fees will be calculated in the second bar.

After that, you will be prompted to enter your card details and after confirmation, you will finally buy your first FileCoin. Usually, it will take between 10 and 30 minutes for the crypto to appear in your Binance account.

How to Save 40% on Fees When Buying FileCoin

One way you can lower your trading fee is by keeping some Binance Coin in your account at all times so your fees can be taken from that. Doing this gets you 25% off all trading fees.

Also, don`t forget to use our unique registration link and get a 15% discount on fees on Binance.

In total, you get a 40% discount on all transaction fees!

Alternative ways to buy FileCoin

If you were unable to buy FileCoin on the exchange using CAD, you can buy it using another cryptocurrency, such as Bitcoin. You can always buy BTC for the first time using platforms such as LocalBitcoins, then transfer your BTC to a Binance to buy FileCoin. In this case, you can further reduce costs.

Below are a few of the sellers in the Canada who sell bitcoins with CAD.

SellerPayment method Information
Showkess28INTERACCanada e-transfer Open the trade if you are ready to buy Text me if you can’t open a trade. WhatsApp: +17087408927 Telegram: @showk_crtt
carlcomputer2012ALTCOIN_LTCFast! If you prefer to transfer your Litecoin into Bitcoin in an anonymous way, this is the way. [ You Send LTC to me, then I release my BTC to you] Open a new trade, and I will give my Ltc address to you. 1- Please send the exact amount 2- It will be released after a network confirmation 3- Payment must be sent in one transaction (if below 10 Ltc). Quick and safe! Pls txt or WhatsApp me @ 647-947-6190 if no response in 5 mins, thanks
shommylightINTERACE-transfer. No 3rd party payment. ID verification needed.
Dollarflows1PAYPALFor US, CANADA and Europe users Pay through PayPal Via XOOM KINDLY READ TRADE TERMS CAREFULLY BEFORE OPENING TRADE PLEASE. ******Xoom is a PayPal service that delivers cash to mobile phone accounts instantly from PayPal account. With a PayPal account, you don't need to have a Xoom account, all you need to do is log onto Xoom using PayPal****** For experienced XOOM users, Kindly ask for my payment details and I will provide in the Chat Window. Xoom is a PayPal service/product just like eBay that allows PayPal users to send funds directly to recipients mobile phone accounts. For more information about Xoom, kindly Google or contact PayPal or read below. FOR New PayPal(XOOM) users, XOOM- a PayPal Service is an electronic funds transfer or remittance provider that allows consumers to send money from their Paypal accounts to bank accounts, and mobile phone account recipients. Since Xoom is a PayPal Service, you can pay with your PayPal balance and the other payment methods in your PayPal account, when available. WITH A PAYPAL ACCOUNT, YOU DO NOT NEED TO DOWNLOAD OR CREATE A NEW XOOM ACCOUNT SINCE THEY CAN BE INTEGRATED. JUST SIGN IN WITH PAYPAL ON XOOM AND YOU SHALL BE GOOD TO Go (All these instructions can be found on Xoom website, under help (How to get started) Or (for more information about this, kindly check their page here: https://help.xoom.com/s/article/how-can-i-pay-with-my-paypal-account?language=en_US). How to send FROM Paypal to Mobile wallet (Mpesa) via XOOM Step 1: Simply login Xoom via PayPal then enter the amount. Step 2: Choose to send money to Kenya then M-pesa as the receiving option Step 3: I will provide the recipient’s M-Pesa mobile number. Step 4: Conveniently pay with a Paypal account balance, Card or directly from linked Bank account. Kindly note that I expect you to send funds from your PayPal account to my Mobile phone wallet (Mpesa) and NOT TO MY PAYPAL ACCOUNT. (XOOM transfers are usually instant, so you should get you BTC immediately the amount reflects on my side) You may ask WHY not directly to my PayPal address? : PayPal incoming funds sometimes are put on hold for 24 hours before becoming available for withdrawal. Sometimes Withdrawals take up to 48 hours. To avoid all this and ensure I release your Bitcoins immediately, I opt for XOOM since it offers instant transfers hence withdrawal hence INSTANT Bitcoins Release. You can look up this PayPal service here: https://www.xoom.com/kenya/send-money For more information WhatsApp +254705762277 One more thing; Using Xoom for commercial purposes is prohibited according to their Terms and conditions therefore just quote 'Friends and Family' in the reason for payment. If you are making payment from PayPal linked CARD or BANK account, I have more direct options here: -I accept CREDIT OR DEBIT CARDS (VISA, MASTER CARD) and also payment from Bank -I receive payments via these payment platforms: > Sendwave (App) - Debit Card > Taptap send app ( app) - Debit card > Worldremit (Web platform and App) - Credit/Debit Card > Remitly (Web platform and App)- Credit/Debit > Paysend (Web platform and App) - Credit/Debit > Transferwise/Wise (Web and App) (Among others) I will advise on the best platform in terms of speed of delivery, reliability and availability in time of trade/transaction -It takes a few minutes to register and be ready to send cash instantly on these apps/platforms WHATSAPP +254705762277
keymtiexPAYPALSIMPLE TRADE NO VERIFICATION NEEDED INSTANT BITCOIN RELEASE For US, CANADA and Europe users Pay through PayPal Via XOOM KINDLY READ TRADE TERMS CAREFULLY BEFORE OPENING TRADE PLEASE. ******Xoom is a PayPal service that delivers cash to mobile phone accounts instantly from PayPal account. With a PayPal account, you don't need to have a Xoom account, all you need to do is log onto Xoom using PayPal****** For experienced XOOM users, Kindly ask for my payment details and I will provide in the Chat Window. Xoom is a PayPal service/product just like eBay that allows PayPal users to send funds directly to recipients mobile phone accounts. For more information about Xoom, kindly Google or contact PayPal or read below. FOR New PayPal(XOOM) users, XOOM- a PayPal Service is an electronic funds transfer or remittance provider that allows consumers to send money from their Paypal accounts to bank accounts, and mobile phone account recipients. Since Xoom is a PayPal Service, you can pay with your PayPal balance and the other payment methods in your PayPal account, when available. WITH A PAYPAL ACCOUNT, YOU DO NOT NEED TO DOWNLOAD OR CREATE A NEW XOOM ACCOUNT SINCE THEY CAN BE INTEGRATED. JUST SIGN IN WITH PAYPAL ON XOOM AND YOU SHALL BE GOOD TO Go (All these instructions can be found on Xoom website, under help (How to get started) Or (for more information about this, kindly check their page here: https://help.xoom.com/s/article/how-can-i-pay-with-my-paypal-account?language=en_US). How to send FROM Paypal to Mobile wallet (Mpesa) via XOOM Step 1: Simply login Xoom via PayPal then enter the amount. Step 2: Choose to send money to Kenya then M-pesa as the receiving option Step 3: I will provide the recipient’s M-Pesa mobile number. Step 4: Conveniently pay with a Paypal account balance, Card or directly from linked Bank account. Kindly note that I expect you to send funds from your PayPal account to my Mobile phone wallet (Mpesa) and NOT TO MY PAYPAL ACCOUNT. (XOOM transfers are usually instant, so you should get you BTC immediately the amount reflects on my side) You may ask WHY not directly to my PayPal address? : PayPal incoming funds sometimes are put on hold for 24 hours before becoming available for withdrawal. Sometimes Withdrawals take up to 48 hours. To avoid all this and ensure I release your Bitcoins immediately, I opt for XOOM since it offers instant transfers hence withdrawal hence INSTANT Bitcoins Release. You can look up this PayPal service here: https://www.xoom.com/kenya/send-money One more thing; Using Xoom for commercial purposes is prohibited according to their Terms and conditions therefore just quote 'Friends and Family' in the reason for payment. If you are making payment from PayPal linked CARD or BANK account, I have more direct options here: -I accept CREDIT OR DEBIT CARDS (VISA, MASTER CARD) and also payment from Bank -I receive payments via these payment platforms: > Sendwave (App) - Debit Card > Taptap send app ( app) - Debit card > Worldremit (Web platform and App) - Credit/Debit Card > Remitly (Web platform and App)- Credit/Debit > Paysend (Web platform and App) - Credit/Debit > Transferwise/Wise (Web and App) (Among others) I will advise on the best platform in terms of speed of delivery, reliability and availability in time of trade/transaction -It takes a few minutes to register and be ready to send cash instantly on these apps/platforms For more information: WhatsApp: +254758861751

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Joseph Smith

CEO CoinStudy.io