stub How to Buy THORChain (RUNE) in Canada - July 2024
Connect with us

THORChain Investor

How to Buy THORChain (RUNE) in Canada – July 2024

mm
Updated on

Securities.io is committed to rigorous editorial standards. We may receive compensation when you click on links to products we review.  Please view our affiliate disclosure. Trading involves risk which may result in the loss of capital.

In a significant stride towards the mainstream acceptance of digital assets, the Canadian Securities Administrators (CSA) has recently given the green light to a number of cryptocurrency exchanges, allowing them to legally conduct business with Canadian residents. These exchanges, bolstered by robust security measures and comprehensive regulatory compliance, are set to transform the landscape of cryptocurrency trading in the country, reaffirming Canada's position as a forward-thinking nation in the realm of digital assets.

Read our Investing in THORChain guide to learn more about this token, or view the top exchanges below.

How to Buy THORChain (RUNE) in 4 Steps

The whole process can take as little as 10 minutes and all you'll need is a smartphone or computer, photo identification and a means of payment.

  1. Compare Crypto Exchanges – We list the top cryptocurrency exchanges that offer the ability to buy THORChain (RUNE) cryptocurrency.
  2. Create an account – Verify your email address and identity.
  3. Make a deposit – Debit Card, Credit Card, Wire Transfer, or Bitcoin.
  4. Buy THORChain – Use your funds to Buy RUNE.

We feature all regulated Canadian cryptocurrency exchanges that offer THORChain (RUNE) trading opportunities.

1. Coinberry

Founded in 2017 and headquartered in Toronto, Coinberry has carved out a substantial niche in Canada's burgeoning cryptocurrency market. Recognized for its user-centric platform and rigorous security measures, Coinberry offers users the opportunity to trade a wide array of digital assets, including the increasingly sought-after THORChain (RUNE) token.

The exchange's intuitive interface simplifies the process of buying, selling, and trading RUNE among other cryptocurrencies, making it accessible to traders of all experience levels. Coinberry's adherence to regulatory standards further underscores its commitment to providing a safe, secure, and reliable environment for digital asset trading, cementing its status as a trusted name in Canada's cryptocurrency landscape.

Overall they provide a secure, super-convenient, and well-trusted service with competitively low costs. They are fully regulated to operate in all Canadian provinces.

Read our Coinberry Review or visit Coinberry.

2. Newton

Since its establishment in 2018, Newton has rapidly ascended the ranks to emerge as a frontrunner in the Canadian cryptocurrency exchange landscape. This meteoric rise can be attributed to the platform's dedication to creating a seamless user experience, coupled with a commitment to offering a comprehensive selection of trading options. This combination not only sets Newton apart but also makes it an integral part of the country's digital finance ecosystem.

A standout feature of Newton is its impressive variety of tokens available for trading. Among these, THORChain (RUNE) has emerged as a significant player, acting as a bridge for users to delve into the thriving universe of cross-chain liquidity pools. The growing interest in cross-chain interoperability signifies a transformative shift in the crypto-sphere, with digital assets like RUNE playing a crucial role in this evolution. By incorporating RUNE into its array of tradable assets, Newton has strategically positioned itself at the cutting edge of this revolutionary trend, reflecting a profound understanding of market trends and user inclinations.

3. VirgoCX

From its founding in 2018, VirgoCX has steadily built a name for itself as a reliable and reputable cryptocurrency exchange in the Canadian digital assets market. This strong reputation is underpinned by a relentless focus on user experience, robust security measures, a diverse selection of cryptocurrencies for trading, and steadfast adherence to regulatory standards. Each of these elements plays a crucial role in VirgoCX's growing influence and popularity amongst cryptocurrency enthusiasts across Canada.

VirgoCX's user-friendly interface is one of its standout features. The platform has been thoughtfully designed with a clear focus on the user journey, ensuring a seamless and intuitive trading experience. From registration to transaction execution, every step is designed to be straightforward and efficient, minimizing hurdles and facilitating ease of use. This attention to the user experience extends to the platform's trading functionality, with a range of tools and features that cater to both novice traders and seasoned veterans.

Daniel is a big proponent of how blockchain will eventually disrupt big finance. He breathes technology and lives to try new gadgets.