MyBTC.ca Welcomes ETH: Here’s What You Need to Know

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If you have been part of the crypto space for longer than a few minutes, you have heard about ether (ETH), the token that underpins the Ethereum blockchain network. Now, this coin is available for purchase and trading through MyBTC.ca, Canada’s premier crypto exchange. Formerly a bitcoin (BTC)-only exchange, the addition of ETH now makes them an easy choice for those who wonder where and how to purchase the two coins with the biggest market cap and take advantage of the current dip in the market, without worrying about technicalities and complicated procedures as the platform boasts a very customer-friendly approach. Read on to find out more about why MyBTC.ca should be the go-to choice for every Canadian resident looking for an easy way to buy BTC and ETH. 

While it may look like there’s almost nothing in the crypto space quite as big as BTC — and, in a way, there isn’t if you go off the sheer size of the coin — ETH still offers quite a few functionalities that BTC does not have, and by extension, access to more interesting features and innovations. For example, its native blockchain network, Ethereum, is programmable and hosts a variety of different applications (usually referred to as decentralized applications, or dapps), including access points to decentralized finance (DeFi) and non-fungible token (NFT) marketplaces. All of this is not possible with BTC, since its underlying network is simply meant as a payments system and not as a whole ecosystem for a host of different use cases. For many, this is an advantage of Ethereum over Bitcoin, although this depends on personal preference and expectations from the crypto