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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.
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
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