Beaver Bitcoin | A brand new approach for Canadians to purchase and save Bitcoin

Helloo [r/Bitcoin](https://www.reddit.com/r/Bitcoin/) ???? My identify is Aubrey Jesseau and I am the founding father of Beaver Bitcoin – a platform that enables Canadians to arrange a weekly bitcoin purchase instantly from their checking account.

With permission from the mods I would wish to share some data about Beaver and what we do, as you in all probability have not heard of us.

**—–**

**Background**

Like lots of you, I first fell down the “crypto” rabbit gap earlier than finally understanding what Bitcoin presents the world. That was in 2016/17 and it took me just a few years to return round, although as soon as I understood Bitcoin I knew I needed to do no matter I might to extend its adoption. On the time I used to be in between jobs however the one factor I might take into consideration was Bitcoin. Finally, the trail grew to become clear, and along with a superb buddy, after which one other, we based Beaver Bitcoin. Immediately, we have simply pushed our first main replace to the platform after receiving a great deal of beneficial suggestions on our first launch. Even for those who’re not Canadian, I would nonetheless love to listen to your suggestions, questions, feedback and recommendation within the feedback.

https://preview.redd.it/gg0wyzoaaq1a1.jpg?width=3808&format=pjpg&auto=webp&s=0373b181fd069d980ca492857e870ddc60454415

For a visible, that is our touchdown web page. You may as well poke across the stay website at [beaverbitcoin.com](https://www.beaverbitcoin.com/).

With that, let’s dive in.

**Targets**

Our essential objective with Beaver Bitcoin is to make it simpler for extra Canadians to purchase Bitcoin. Second to that, it is essential we preserve Bitcoin’s core worth of self-custody. To perform these objectives we do two issues.

1. Absolutely-automate all the shopping for course of
2. Function as a non-custodial platform

To arrange a weekly purchase with Beaver, all that is required is connecting a checking account, choosing a weekly purchase quantity in CAD $, and offering a pockets handle for receiving your bitcoin. After that, you may obtain bitcoin to your pockets handle each seven days.

I feel this works and this is why. We’re probably on the verge of one other large wave of bitcoin adoption, and when that wave hits, now we have to ask, the place are folks going to go? The reply, as we all know, is usually exchanges. Even when it is non-custodial and bitcoin-only, exchanges themselves could be intimidating and seem sophisticated to many individuals. You have bought shopping for and promoting, market and restrict orders, amongst different bells and whistles. This context can simply lead right into a mindset of buying and selling or attempting to time the market, and is overwhelming to many individuals who simply wish to purchase bitcoin. Worse are custodial exchanges. Even when the intention to withdraw is there, how many individuals simply by no means get round to organising their very own bitcoin pockets? Cash left on exchanges should not yours, nevertheless protected the alternate claims to be. To prime it off, we all know some exchanges are engaged in fractional reserve and are promoting paper bitcoin. Even utilizing the “greatest” custodial alternate is normalizing using exchanges generally. Cash get left behind and folks get burned. We will do higher.

**Beaver Bitcoin**

Beaver is streamlined to perform one factor: shopping for bitcoin. It is easy, and nearer in type to merchandise and platforms persons are accustomed to. The one function we provide is a weekly conversion of CAD into bitcoin, delivered to your pockets. There isn’t any promote operate so buying and selling and timing the market are off the desk. Arrange your bitcoin purchase and we handle the remainder. CAD in your purchase is withdrawn out of your checking account robotically each week, and shortly after bitcoin arrives in your pockets. In case you like, you do not even want to return again to the location, although in fact you possibly can, to pause, cancel, enhance or lower your purchase quantity at any time.

Under are two extra screenshots for extra visible context, one is of the onboarding movement, and the opposite is the dashboard view as soon as onboarding is full.

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[Onboarding flow](https://preview.redd.it/lozllydnaq1a1.jpg?width=3812&format=pjpg&auto=webp&s=0dd9aa125b14e4afcde8911c5ff95351ed49b04a)

[Dashboard showing purchase history](https://preview.redd.it/82sypn2uaq1a1.jpg?width=3812&format=pjpg&auto=webp&s=b3b39092caa971d90c1400b87f3a1ce049cab375)

Observe: the dashboard exhibits a complete of the quantity and CAD worth of Bitcoin bought by Beaver. It doesn’t mirror the quantity of bitcoin in your private receiving pockets handle.

Success for us is Beaver changing into a advice to relations and pals who’re simply moving into Bitcoin. It isn’t laborious to arrange a BlueWallet, and the security, empowerment and peace of thoughts that comply with are all nice issues for us as people, the Bitcoin community and society. In case you’re a Bitcoiner in Canada, think about giving Beaver a strive. We’re at all times on the lookout for extra suggestions.

**Wrap up**

To finish this submit I will observe just a few extra particulars concerning the signup course of and Beaver’s price. Be at liberty to skip this record for those who’re not Canadian, or possibly you are still curious..

* As a registered Cash Companies Enterprise (MSB) in Canada we’re required to confirm your id when signing up (aka KYC). We use Trulioo to carry out this verify and don’t gather any extra data than is critical to be compliant with Canadian rules.
* Our price is ready to be $3 + 0.99% of your weekly purchase. This may seem excessive – for those who’re in Canada you may additionally wish to examine our worth of bitcoin with the purchase worth of different platforms and exchanges. You may discover our real-time bitcoin worth on the prime of our homepage. If we’re nonetheless increased for the quantity you wish to purchase, additionally think about what I discussed above relating to exchanges and the person expertise Beaver supplies. If it is not for you, you may nonetheless know somebody who would profit from the convenience of utilizing Beaver. It truly is that straightforward.
* That stated, from now till the top of the yr we’re encouraging folks to check out the platform by providing **zero charges**. Get bitcoin at a terrific worth, really feel out a weekly purchase and see what you assume. On the time of penning this our price remains to be proven on the location, however it isn’t utilized to your purchase. A $100 purchase from now till the top of the yr will get you precisely $100 value of bitcoin on the worth proven on the prime of the Beaver homepage.
* The minimal weekly purchase is $100.
* Concerning the price and minimal weekly purchase, we’re a boot strapped startup (there’s 4 of us) with no exterior funding, and our unit prices will come down as our volumes develop. Our objective is to decrease our price and the weekly minimal purchase quantity as we’re in a position to.
* We’ll be including workforce/contact data to the location quickly, within the meantime you possibly can nonetheless discover me on [Twitter](https://twitter.com/AubreyJesseau) or [LinkedIn](https://www.linkedin.com/in/aubrey-jesseau/).

Under is a screenshot of the pockets I arrange for my weekly purchase with Beaver. That is roughly 4 months of weekly $100 buys. For me, that is what it is all about and with Beaver I hope we’re making this an actual risk for a lot of extra Canadians ????????

[Beaver stack with BlueWallet](https://preview.redd.it/ru1e9g58bq1a1.jpg?width=207&format=pjpg&auto=webp&s=342035daeed49c9fef1f437ba4c8b7b5cc68c88d)

In case you learn this entire submit, thanks! Go away a remark and I will be right here to talk ????