Wealthsimple is a Canadian investment app that provides financial services to Canadians. They are now offering an exclusive promotion for their users: if you sign up today, they’ll give you $50 in cryptocurrency tokens just for signing up!
Wealthsimple is offering a $50 bonus for those who invest in bitcoin now. Investors can get the bonus by investing at least $500 in bitcoin and make any additional investments over the next 12 months. The promotion will end on September 30, 2020.
Wealthsimple Crypto is Canada’s first and only licensed cryptocurrency trading platform.
You will get a $50 bonus if you establish a new Crypto account using our Wealthsimple Crypto referral link.
You may also earn two free stocks by referring friends using your Wealthsimple Trade referral code.
This Wealthsimple Crypto review will tell you all you need to know about the cryptocurrency.
Crypto Referral Bonus from Wealthsimple
When you establish your first Wealthsimple Crypto account, here’s how to obtain a $50 welcome bonus:
- Use the link to get to Wealthsimple Crypto.
- Click “Get started” after entering your email address and password.
- Fund your account with immediate deposits from your bank account when you’ve completed your profile.
- If you buy at least $150 in cryptocurrency, you’ll get a $50 cash bonus deposited to your account.
You must make the minimum deposit and trading threshold within 45 days of creating your account to be eligible for the cash incentive.
Visit Wealthsimple Crypto ($50 Bonus) for more information.
Cryptocurrency List by Wealthsimple
Wealthsimple Crypto provides one of Canada’s biggest cryptocurrency options. You may trade 34 various digital currencies on the site, including:
| Ox (ZRX) | Bitcoin Cash (BCH) is a cryptocurrency that (BCH) | Ethereum is a cryptocurrency (ETH) | Ren (REN) |
| 1 in (1 INCH) | Cardano is a cryptocurrency (ADA) | Imaginative (FTM) | Shiba Inu is a Japanese dog breed (SHIB) |
| Have a great day! (AAVE) | Linking Chains (LINK) | Filecoin (Filecoin) is a cryptocurrency (FIL) | Excellent (XLM) |
| The Avalanche (AVAX) | Compound words (COMP) | Kyber Network is a telecommunications company based (KNC) | Stella is a young woman who has a (XLM) |
| Axie Infinity is a fictional character created by Axie (AXS) | Curvature (CRV) | Litecoin (LTC) is a cryptocurrency that was launched (LTC) | SushiSwap is a website that allows you to swap sushi with other people (SUSHI) |
| a stabilizer (BAL) | the cosmos (ATOM) | creator (MKR) | synthesized (SNX) |
| Token of Basic Attention (BAT) | a decentralized system (MANA) | Polkadots are a popular pattern (DOT) | Tezos Tezos Tezos Tezo (XTZ) |
| Bitcoin is a digital currency (BTC) | Dogecoin is a cryptocurrency created by Dogecoin (DOGE) | This is a polygon (MATIC) | Uma (UMA) |
| Swap Uniswap (UNI) | Finance for the Yearning |
Fees at Wealthsimple
On Wealthsimple Crypto, trading costs vary from 1.5 percent to 2 percent. This charge is included in the amount you pay on the site when you purchase or sell cryptocurrency.
There are no costs associated with depositing or withdrawing fiat.
It’s worth noting that crypto withdrawals aren’t currently possible.
Wealthsimple is a cryptocurrency wallet that is simple to use.
Users of Wealthsimple now have access to a bitcoin and ether wallet.
You may now move your bitcoin and Ethereum crypto to your Wealthsimple Crypto wallet from another cryptocurrency exchange.
Because this wallet is custodial, it does not provide all of the advantages of an external hardware wallet. However, it is a step in the right way, and we will most likely be able to shift crypto assets offline in the near future.
Wealthsimple Crypto’s Advantages and Disadvantages
The following are some of the advantages of this platform:
- A crypto platform that is regulated
- Beginners will like the simple UI.
- The same app may be used to trade bitcoin and equities.
- Various order types
- Gemini coins are kept in cold storage.
- Coincover provides theft prevention.
Cons
- Trading commissions of up to 2%
- Transfers to a personal wallet are not currently supported.
Rewards & Promotions from Wealthsimple
Wealthsimple’s promos aren’t only for its cryptocurrency service.
When you join up for one of the following services, you may also earn referral bonuses:
Wealthsimple Cash: Download the free Cash mobile app and send money to friends and family quickly. With the coupon code XQYRET, new users may enjoy a $25 incentive.
Wealthsimple Invest: This robo-advisor service is for you if you prefer experts to handle your investing account. After depositing at least $500 in your new account, you’ll get a $50 bonus. Find out more about the deal.
Buy and sell stocks in Canada without paying hefty fees with Wealthsimple Trade. After trading at least $150 in equities, new clients get a $50 incentive.
Crypto Alternatives from Wealthsimple
Crypto traders may also get welcome bonuses by using the platforms listed below:
Newton: After trading $100 in cryptocurrency, you’ll get a $25 bonus. This platform can hold up to 48 coins.
Bitbuy: This cryptocurrency exchange allows you to trade a variety of currencies, including BTC and ETH. After depositing $250 in your new account, you’ll get a $20 bonus.
Coinberry: Buy your first $50 cryptocurrency and earn a $20 bonus when you trade nearly 20 popular currencies.
NDAX: This platform offers cheap fees and accepts a wide range of currencies. After making a $100 deposit, you’ll get a $10 incentive.
Is It Safe To Use Wealthsimple Crypto?
Wealthsimple Crypto is a secure and reliable cryptocurrency exchange.
It is governed by the Canadian Securities Administrators’ (CSA) Regulatory Sandbox, and it was the first crypto platform in Canada to be regulated this way.
Gemini Trust Company, a registered custodian with $200 million in insurance coverage, is where it maintains your coins.
Assets are also safeguarded thanks to a collaboration with Coincover.
To secure your financial information, the Company employs encryption and two-factor authentication (2FA).
Needless to say, I give Wealthsimple Crypto a thumbs up.
Crypto FAQs from Wealthsimple
What is the procedure for obtaining a Wealthsimple Crypto referral code?
When you establish a new Wealthsimple Crypto account using this link, you’ll get a $50 bonus.
Is Wealthsimple Crypto a cost-free service?
Wealthsimple Crypto has a 1.5 percent to 2 percent trading cost, thus it is not free.
Is it possible for me to create a Wealthimple Crypto TFSA account?
No, Wealthsimple Crypto does not work with registered accounts like TFSAs or RRSPs.
Is Wealthsimple Crypto a wise investment?
It’s ideal for those who are just getting started with bitcoin investment. For experienced traders, however, it lacks sophisticated features.
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Frequently Asked Questions
How do you get 50 dollars on Wealthsimple?
A: You cant get any money on Wealthsimple. The company does not hold cash in the first place and so you cannot actually get money from them as it is an investment platform, yes.
How do you get free money on Wealthsimple?
A: Wealthsimple is a Canadian robo-advisor and financial planning company, licensed in Canada by the Ontario Securities Commission as an exempt market dealer. They charge no fees for their services if you use your chequing account from Bank of Montreal or RBC Direct Investing to fund your investment portfolio with $10,000 or more.
Is Wealthsimple safe for crypto?
A: Wealthsimple is a Canadian online financial management company that offers an account for saving and investing. It isnt regulated as a broker, but it does offer its services through the Financial Services Commission of Ontario which is considered to be one of Canadas most thorough regulatory bodies when it comes to safe investment opportunities.
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