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Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

Q: 1. What is the best Bitcoin and Ethereum Fund to Purchase to Invest in these 2 Crypto Currencies that are as closest to buying the actual currency on Netcoins , Coinbase, Etc

2. I have dealt with Netcoins and Coinbase in the past, but lately I am having issues dealing with them to purchase these currencies... They do not make it easy for me with their security features...
- Their websites and Apps dont give proper access to their services or how to access them to change settings... Especially Netcoins...
- Coinbase is troubling in the fact that you can only transfer funds back to Canadian or US dollars by using Paypal

3. Please provide answers & thoughts ...

4. I know this is not your main specialty, but I would appreciate your take on these questions and your overall opinion...

Thanks,
M
Asked by michael on November 29, 2024
5i Research Answer:

While we cannot personalize responses, and we are not experts on Coinbase's platform, we have seen comments that other withdrawal methods are available to Canadians, however, some customer support may be required. 

For ETFs, we like IBIT for Bitcoin and ETHA for Ethereum. Both of these are USD.

For Canadian dollars, we like FBTC for Bitcoin and ETHQ for Ethereum.

Authors of this answer, directors, partners and/or officers of 5i Research and/or affiliated companies have a financial or other interest in ETHQ, IBIT, ETHA.