|[May 16, 2018]
BitCanuck Offers Canada-Only Exchange as the Face of Canadian Cryptocurrency Investors Changes
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
"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-icensee 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
"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.
View source version on businesswire.com: https://www.businesswire.com/news/home/20180516005264/en/
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