WLD is both a utility token and a future governance token for the Worldcoin ecosystem. The utility side of it is still in development, with plans by the Worldcoin team to introduce new projects for the ecosystem using a token-based governance approach. For now, the Worldcoin Foundation oversees the project. Initially, Worldcoin aimed to create a system for universal basic income (UBI), but it has shifted focus towards identifying real humans online as bots and artificial intelligence become more widespread.
The Worldcoin network employs a physical device known as an Orb to scan the retinas of humans. This process generates a unique hash for each retina, which can then be used to reproduce that retina's image. To ensure a user is unique without revealing their personal hash, the network utilizes zero-knowledge proofs (ZKP). This allows users to prove their humanity while keeping their private data secure.
Investors can easily invest in WLD by creating an account with Bitbuy, adding funds to their account directly through e-Transfer or bank wire and buying WLD directly through the Bitbuy platform. Experience problems or need questions answered along the way? Do not fear, Bitbuy is always here. Our customer support team will ensure your investment journey is smooth sailing throughout.
Buying WLD in Canada as well as other digital currencies is simple and secure with Bitbuy. Here is how it works:
Create Your Account: When you sign up to create an account on Bitbuy, you will be asked to confirm your email address, phone number, and verify your identity.
Add Funds: Before you can buy WLD in Canada, add funds to your account directly with Interac e-Transfer, bank wire or Apple Pay.
Buy and Sell WLD: Once you have sent money to your account, you can buy WLD instantly. Bitbuy also makes it easy to sell WLD in Canada. Exchange your WLD for CAD and withdraw the funds back into your bank account.
If at any point you need help signing up, verifying your account, adding funds, or buying and selling WLD, just contact customer support for same-day assistance.
Bitbuy is one of the best and most secure places to buy WLD in Canada. Here is why:
Every transaction you make on Bitbuy is encrypted using SSL (Secure Socket Layer) technology with two-factor authentication solutions implemented throughout. Bitbuy operates with a 99% cold storage reserve for all digital currencies in custody and executes daily encrypted and distributed backups for disaster recovery. Here at Bitbuy, it is crucial users know that their digital assets are safe with us.
Bitbuy offers some of the lowest buying and selling fees in Canada. You can check out our trading fees and processing times before you buy WLD.
Buying cryptocurrency directly from individuals is slow and risky. Cryptocurrency exchange platforms like Bitbuy make the process faster and far more efficient.
We pride ourselves on our exceptional customer support which sets us apart from other digital asset marketplaces. Simply submit a request under Bitbuy Support to be paired with one of our experts. We believe that exceptional customer support is an essential part of simplifying cryptocurrency for everyone.
Interac e-Transfer is the most popular way to pay online in Canada. Canadians want to buy WLD with Interac, but banks do not make it easy. Bitbuy exists to simplify the process when you want to buy WLD in Canada with Interac. You can use your bank account directly to fund your Bitbuy account, which you then use to buy and sell cryptocurrencies in Canada.
We now also offer Apple Pay to fund your Bitbuy account! Simply choose Apple Pay as the option to fund your Bitbuy account and buy WLD with Apple Pay.
Looking for a place to store your WLD? Bitbuy is the perfect place to start. Bitbuy has a built-in wallet for each user that you can use to store your WLD safely and securely.
Website (instructions for the mobile app below)
When you log into your Bitbuy account you will be automatically directed to the ‘Accounts’ section of your account. Click 'Express Trade' located at the top of the page if you are already logged in. To facilitate the trade, click the 'Sell' button which will appear in red.
Click the drop-down and search WLD to begin the sale.
Enter the amount of WLD that you wish to sell. The dollar value of your sale will be displayed below under ‘Transaction summary'. When you are ready, click the 'Sell' button to complete the transaction.
Mobile App
Sign into your Bitbuy account and you will be automatically directed to the 'Accounts' section. If you are already logged in, click on 'Accounts' in the bottom right corner of the navigation bar.
Locate WLD and click on the 'Sell' button.
Enter the amount of WLD you wish to sell. The value of your sell will be displayed at the bottom of the page. When you are ready to continue, click the 'Place Sell Order' button to complete your transaction!
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