MyBTC.ca Adds Canadian Business Accounts
Disclaimer: The text below is an advertorial article that was not written by Cryptonews.com journalists.
Canadian businesses can now start adding bitcoin (BTC) to their corporate portfolios, thanks to a new feature offered by the premier Canadian bitcoin exchange MyBTC.ca. The platform’s Corporate Services department is now accepting applications to onboard businesses, no matter the size, onto their platform where they can buy and sell BTC quickly, reliably, and securely.
How to Apply for a Business Account
To start the onboarding process, you will need to submit the legal name of your business entity (exactly as it appears on any incorporation documents and within the appropriate registries). Of course, sometimes companies do business under names other than their legal names; if this is the case, you will need to add the other name in brackets next to your legal name. You will also have to provide ownership information; this includes the owner’s legal name and address, their full position, ownership percentage and confirm if they’re a politically exposed person (PEP).
The process can be streamlined if you upload the relevant documents instead of filling the information in manually. You will need to provide your Articles of Incorporation, Certificate of Corporate Status, or equivalent document, as well as a proof of business address (which can be a utility bill, bank statement, or government record, as long as it’s from the past three months). The MyBTC.ca Corporate Services team will review your application and you will get your answer in record time — often during the same day.
It’s actually quite a quick and simple process, however, if you’d still prefer help from an actual human being, you can always reach out to their industry leading customer service support. You won’t get passed back and forth between chatbots and preset responses before getting to an actual person; the platform employs a high touch, high value customer service line staffed by professional and experienced people who can point you in the right direction. For those who value self direction — you may find your answer in the MyBTC.ca FAQ section, which is detailed and comprehensive, giving you the tools that can help you with your issue.
Why Should I Want to Work With Bitcoin Anyway?
With all the technological innovations of the past few decades, it can be hard keeping up with all of them — but think where you’d be had you missed out on adding computers or an internet presence to your business. Bitcoin is often compared to these innovations in terms of size and global effect.
Bitcoin gives you a way to send and receive payments fast and safely, especially when it comes to cross-border payments that can otherwise take too long to settle. Many companies are also choosing to invest in bitcoin as it is a deflationary asset by nature, providing a much needed balance to inflationary cash. It can also be a simple way to diversify your company’s portfolio; not only are you not keeping all your eggs in one basket, but it can also be treated as tax-deferred investments so you’re not obligated to pay taxes on it up front.
Last but not least, bitcoin is for many an excellent way to show that they’re up to date with new technologies and willing to innovate. This is important in all fields of work, but especially in oversaturated markets, where any type of forward thinking can be a much-needed edge. The best part is, there is no need for you to put your staff through extra training for this — MyBTC.ca is a user-friendly, intuitive platform that takes very little time to get used to, so you can start your bitcoin path today.
