Beaver Plaid is our concierge offering for individuals looking to buy more than $100,000 CAD of bitcoin up to $10M. Meet with us today to discuss your bitcoin purchase, or read on for more information.
Fast track your large bitcoin purchase
If you are ready to make a large bitcoin purchase and want to save time, follow these steps:
- Sign up and complete your Beaver account. This includes verifying your identity and providing us with your Bitcoin address.
- Send an email to plaid@beaverbitcoin.com with details on your purchase size and preferred payment method (see below). We can also make a payment method recommendation based on your individual needs.
- Our team will respond right away with the necessary details for completing your bank transfer via bill payment or wire.
- After that, you'll be ready to transfer funds for your bitcoin purchase.
Payment methods for large bitcoin buys
The table below shows the two payment methods we support to facilitate large bitcoin purchases. They are Bill Payment and wire transfer. Each method has its advantages.
Buy Bitcoin with Bill Payment
With Bill Payment, Canadians can buy large amounts of bitcoin from the comfort of their own home via their online banking up by adding Beaver as a payee. Unlike a wire transfer, this payment method does not require an in-person visit to your bank branch.
Once your Beaver account is verified for making large bitcoin purchases we will provide you with a unique account number to use when adding us as a payee. From there, you'll be able to complete your bank transfer via bill payment.
Bill payments typically take 2-3 business days to settle, and are exceptionally convenient for making larger bitcoin purchases. On our end, there is no limit to the size of your bill payment transfer, however you may run into a limit with your bank. If your bank's sending limit is lower than the amount you'd like to purchase, simply send us a wire transfer instead.
Buy Bitcoin with wire transfer
If sent in the morning, your wire is likely to land in our account by afternoon or early evening. That said, we cannot guarantee same-day settlement and advise of a settlement time of 1 business day. This means we should receive your wire by the next business day at the very latest. Given this quick turnaround time, wires are a great choice for those looking to buy a large amount of bitcoin and have a quick settlement.