Learn about Bitcoin
the rabbit hole goes deep.
View the information throughout this page. You will find this information useful in regards to the basics of Bitcoin. For a more complex and detailed approach please book a consultation.
The Benefits
Compared to fiat currency and debit/credit cards:
- Faster
- Cheaper
- Easier
- More secure
- Investment growth opportunity
- Accessible anywhere in the world
The Drawbacks
Compared to fiat currency and debit/credit cards:
- Difficult to acquire (this is where we come in).
- No consumer protection (once you send it there is no “undo” button).
- Without proper security measures, it can be stolen (similar to online banking).
Where does Bitcoin Well come in?
We help you understand Bitcoin and make sure it is accessible when you're ready.
- Person-to-person instant access to Bitcoin compared to the alternative 10-12 business days.
- Free consultations for a limited time to ensure you are comfortable using and protecting your Bitcoin.
- Set ups of the safest paper wallet procedure available on the market.
- Multiple ATMs across Canada for access in a variety of different ways.
- Multiple methods of payment including cash, debit and money order.
- Full compliance with AML(anti money laundering) & KYC(know your customer) regulations to ensure all your purchases are legit and legal.
Bitcoin Learning Resources
What is Bitcoin and how does it works?
Bitcoin Cryptocurrency Crash Course with Andreas Antonopoulos.
How Bitcoin Works Under the Hood.
Bitcoin for consumers
Accessing your money has never been easier; in-person or online.
Bitcoin is designed to work like cash, it includes all the features we love about credit cards but leave out the downsides. There is no currency conversion fee when shopping out of country. It is sent and received instantly no matter if your sending it across the street or across the ocean. No personal information is sent along with your payment (like your full name and home address! Who thought that was a good idea!?) You can track your payment and see when it has been received in a public ledger, found online. This is called the blockchain. You can give micro payments as tips online (receive them too!) These are only a handful of ways Bitcoin makes handling money easier. Chat with us about the full potential of Bitcoin!
Bitcoin for merchants
We help set you up, manage your wallet and instantly cash you out… unless you want to let your Bitcoin grow.
Accepting Bitcoin at your business is as simple (possibly even simpler) than accepting debit/credit cards. The difference is you will not suffer losses from chargebacks. These are impossible with Bitcoin. Oh, the 2-5% transaction fee is nonexistent too. If you don’t like the risk associated with holding Bitcoin we offer programs to cash you out as soon as you receive them. We do all this at no cost to you. The downside? What downside?
