We’ve noticed our friends who enjoy playing fantasy sports, usually aren’t familiar with bitcoin. Many of them don’t own bitcoins and are unsure of how to purchase some. Since CoinRoster is a bitcoin fantasy sports site, our users require bitcoins to play our games. The following post explains how a CoinRoster user in Canada can buy bitcoins for their account.
After opening your CoinRoster account, and verifying your e-mail address, visit the “My Account” page and spot the green “deposit” button on the left side menu. Clicking this button will bring you to a screen with two choices. If you would like to purchase bitcoins, click on the “Canadians, click here to user Interac Online” button.
To help our users buy bitcoins, we use a Canadian payment processor called QuickBT that complies with FINTRAC regulations and will work with most major Canadian banks such as RBC Royal Bank and Scotiabank.
To use the QuickBT payment method, fill out the amount of bitcoins you want to purchase, and you will be provided with a quote of the cost. To continue, fill in your 10 digit Canadian phone number to confirm your identity, receive a phone pin and enter this code in the space provided, enter your e-mail address, and then submit the form using the Interac Online button. This will bring you to a banking page where you choose your bank and then enter your details. The payment will be processed and your bitcoins will be sent to your CoinRoster account.
It could take up to 24 hours to process your bitcoin deposit, but we usually credit your CoinRoster account within a few minutes. After that, you’ll be able to use your bitcoins to play games, and withdraw your bitcoins to another bitcoin address whenever you like.
Currently, we also have a promotion that provides new depositors with a 100% match on their first deposit. You’ll be required to bet the bonus amount 20 times before you can withdraw it, so if you’re a smart player, this is a great way to jump start your bitcoin bankroll.