The idea behind ICP is to allow people to build an open Internet that gives users a better deal.
Internet Computer is built on blockchain technology, so instead of your data being stored in one place, it’s stored by thousands of computers around the world. It’s also encouraging applications or websites built on the platform to be more transparent and open source.
Internet Computer has various noteworthy investors, including Andreessen Horowitz, Polychain Capital, Amino Capital, or Eterna Capital.
Internet Computer price chart (ICP / 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 Internet Computer, especially if you live in the Canada. Registration is quick and simple, and the ICP 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
Important: Use our unique link and get 15% off commissions 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 Internet Computer
To invest in Internet Computer, 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 Internet Computer 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 Internet Computer. 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 Internet Computer
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.
In total, you get a 40% discount on all transaction fees!
Alternative ways to buy Internet Computer
If you were unable to buy Internet Computer 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 Internet Computer. In this case, you can further reduce costs.
Below are a few of the sellers in the Canada who sell bitcoins with CAD.
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) -
> Remitly (Web platform and App)- Credit/Debit
> Paysend (Web platform and App) - Credit/Debit
> Transferwise/Wise (Web and App)
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:
Hi. Welcome to my offer.
Kindly follow the terms for a swift trade
•Make payment in the shortest time possible
•Don't mark payment as complete if you have not yet paid
I accept payment to mobile wallet, bank or cash pickup