Over the past few months, the Baltisee Virtual Unit Team has been hard at work enhancing our online platform. Through repetitive testing and incorporating your valuable feedback, we’ve made significant improvements to ease the experience of purchasing Cryptocurrency! 

Now, making purchases on our platform is easier than ever, we offer Interac payment allowing you to instantly purchase your cryptocurrency! We also support other payment methods with Visa, Mastercard, and Google Pay with the online platform. Available cryptocurrencies for purchase include Bitcoin, Ethereum, and Litecoin, that can be seamlessly deposited into your crypto wallet.

To get started, simply create an account and complete the necessary steps for identity verification, email verification, and two-factor authentication (2FA), ensuring maximum security for your transactions. Once your account is set up, navigate to the “Purchase Crypto” tab on our website, select the cryptocurrency you wish to purchase and the amount, and enter your cryptocurrency wallet address to receive your purchase directly to your mobile wallet. Easy!

Start exploring the new capabilities of our platform today! If you have any questions, feel free to reach out to our support team at 1 855 499 1149, or by email at support@baltisee.org!

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The U.S. Securities and Exchange Commission (SEC) has recently approved the listing of ETFs that invest in the cryptocurrency Ether, a move facilitated by thorough reviews of applications from Nasdaq, Cboe Global Markets, and the New York Stock Exchange. 

These spot Ethereum ETFs align with the requirements of the Securities Exchange Act, although the SEC must still approve individual asset manager applications before trading can begin. 

This development comes on the heels of the SEC’s cautious approval of bitcoin ETFs and has been well received by the crypto community and asset managers eager to launch these funds, such as VanEck. Spot Ethereum ETFs offer investors a way to gain exposure to Ether without directly purchasing or managing the digital asset. 

This is significant as Ether underpins the Ethereum network, a platform for smart contracts and decentralized applications, and is the second-largest cryptocurrency by market capitalization.

It’s important to note that owning an ETF does not provide the same anonymity or direct utility as owning actual Ethereum, which may influence investor decisions

However, if you are seeking to purchase Ethereum. Baltisee Virtual Unit can offer payments via Kiosks, Online Portal and our Over the Counter Platform for large transactions!

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The user-friendly online portal delivers a seamless experience to customers seeking to conduct Bitcoin transactions. With a few simple clicks, users can effortlessly navigate the platform and execute cryptocurrency transactions with ease. Moreover, Baltisee Virtual Unit ensures top-notch security, providing a safe environment for customers to engage in their transactions.

In line with our commitment to innovation and customer-centric solutions, Baltisee Virtual Unit now offers an expanded range of payment options, including Visa and Mastercard, with Interac, Apple Pay, and Google Pay integrations coming soon. This enhancement grants customers more flexibility and accessibility in their cryptocurrency purchases.

“Baltisee Virtual Unit is dedicated to delivering innovative solutions that cater to our customers’ needs. The online portal for Bitcoin transactions is a testament to our ongoing efforts to make Bitcoin and cryptocurrency accessible to all Canadians,” stated Baltisee Virtual Unit management.

To further streamline user experiences, the portal is equipped with a user-friendly dashboard. This feature provides customers with easy access to their transaction history, enabling them to monitor cryptocurrency pricing trends effortlessly.

As a company that values transparency and customer trust, Baltisee Virtual Unit emphasizes that the transfer of coins is instantaneous, pending blockchain confirmation times. Moreover, it is essential to note that Baltisee Virtual Unit does not custody any fiat or coins on behalf of its customers, adding an extra layer of security to the platform.

“We understand that the world of Bitcoin can be complex, which is why we have made it our mission to simplify transaction processes for our customers. Our online portal for cryptocurrency transactions is just one way we are delivering on that promise,” added management.

Baltisee Virtual Unit’s dedication to providing quick and easy Bitcoin transaction experiences remains unwavering. With the relaunch of the online portal, Baltisee Virtual Unit continues to demonstrate its commitment to delivering seamless and secure cryptocurrency services.

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Understanding common scams is the first step towards safeguarding your digital assets. Here’s what to watch out for:

Investment Schemes: Scammers may pose as ‘investment managers’, promising unrealistic returns on Bitcoin investments. They may ask for an upfront fee and steal it instead of making investments​.

Rug Pull Scams: Scammers ‘pump up’ a new cryptocurrency project, take the funding, and disappear, leaving investors with a valueless asset​​.

Romance Scams: These scams involve a scammer, often on dating apps, convincing the other party to buy or gift cryptocurrency, then disappearing after receiving the funds​.

Phishing Scams: Scammers send emails with malicious links to fake websites to gather personal details, like cryptocurrency wallet key information​.

Man-in-the-Middle Attacks: Scammers intercept sensitive information sent over public networks, including wallet keys and account information​.

Social Media Giveaways: Fake posts on social media promising Bitcoin giveaways often lead to fraudulent sites where victims can lose their funds or personal information​​.

Ponzi Schemes: Scammers lure new investors with the promise of high profits with little risk, then use new investors’ funds to pay older ones​.

Fake Exchanges: Scammers lure investors with the promise of a great cryptocurrency exchange, which turns out to be nonexistent after the investor loses their deposit​.

Fraudulent Employee Offers: Scammers impersonate employees of cryptocurrency companies to gain access to a customer’s fiat or cryptocurrency accounts​​.

We urge all our valued customers to stay vigilant and informed. Always verify sources and exercise due diligence. Remember, if something seems too good to be true, it probably is. At Baltisee Virtual Unit, we are committed to your security, and together, we can create a safer Bitcoin community.

If you have any questions, don’t hesitate to call us at +32460262390 or email us at support@baltisee.org.

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The company expressed disappointment, saying it had high hopes for the Canadian blockchain industry. The decision was driven by new regulatory guidance introduced by the Canadian Securities Administrators (CSA) related to stablecoins and investor limits.

Unfortunately, today we are announcing that Binance will be joining other prominent crypto businesses in proactively withdrawing from the Canadian marketplace.

We would like to thank those regulators who worked with us collaboratively to address the needs of Canadian users.…

— Binance (@binance) May 12, 2023

In February, the Canadian Securities Administrators (CSA) revealed new guidance that prohibited crypto asset trading platforms within the country from allowing customers to buy or deposit stablecoins without the CSA’s prior approval. To obtain this approval, crypto trading platforms would need to pass the CSA’s various due diligence checks.

Binance co-founder and CEO Changpeng Zhao, who is a Canadian citizen, has described the company’s exit from Canada as holding sentimental value.

With Binance’s exit, we understand that Canadian crypto enthusiasts might be seeking a reliable and trusted platform to continue their crypto journey. We want to assure you that Baltisee Virtual Unit is here to provide just that. Our ATMs and online portal offer a tangible, user-friendly way to buy and sell cryptocurrencies, making them a great option for both newcomers and seasoned crypto users.

Our strength lies in our deep understanding of local Canadian markets, our commitment to compliance, and our dedication to providing excellent customer service. As a Canadian company, we understand the unique needs and preferences of our customers, and we tailor our services to meet those needs.

We are excited about the future of cryptocurrency in Canada. As the landscape continues to evolve, Baltisee Virtual Unit will continue to adapt and innovate, providing our customers with the best crypto services in the country. We’re ready to step up, fill the gap, and support our customers during this transition. 

While the world of cryptocurrency may be rapidly evolving, our dedication to providing you with secure, reliable, and convenient services remains constant.

The post Baltisee Virtual Unit Steps Up as Binance Steps Down appeared first on Baltisee Virtual Unit.

The new portal provides customers with a seamless and secure platform to conduct Bitcoin transactions. The portal is user-friendly and allows customers to easily navigate the website and purchase or sell cryptocurrencies with just a few clicks. Additionally, the portal is secure and provides customers with a safe platform to carry out their transactions.

We are now providing our customers with more ways to buy Bitcoin online through Visa and Mastercard. Interact, Apple Pay, and Google Pay are coming soon.

Baltisee Virtual Unit management remarked, “We are committed to providing our customers with innovative solutions to meet their needs. Our new online portal for Bitcoin transactions is a testament to our commitment to make Bitcoin and cryptocurrency accessible to all Canadians.”

The portal is also equipped with a user-friendly dashboard that provides customers with access to their transaction history and allows them to easily monitor trends in cryptocurrency pricing.

The transfer of coins is instant (pending blockchain confirmation time), and Baltisee Virtual Unit does not custody any fiat or coins on a customer’s behalf.

“We understand that the world of Bitcoin can be complex, which is why we have made it our mission to simplify transaction processes for our customers. Our new online portal for cryptocurrency transactions is just one way we are delivering on that promise,” said management.

Baltisee Virtual Unit is committed to providing customers with quick and easy experiences when it comes to cryptocurrency transactions. With the launch of the online portal, we are poised to continue this commitment.

For more information on Baltisee Virtual Unit and our new online portal for Bitcoin transactions, please visit our FAQ page.

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