How to Pay for Products With BitCanna at Royal Queen Seeds

BitCanna is the answer to the financial hurdles plaguing the cannabis industry. This safe and scalable payment solution cuts banks, credit card companies, and other payment services out of the equation—institutions that still refuse to handle legal transactions within the industry. At the heart of the BitCanna platform is the BitCanna Coin BCNA, which can be used as a reliable payment method. Below, we’ll show you how to use BitCanna to pay for your purchases at the Royal Queen Seeds webstore.

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How to Pay With BitCanna at Royal Queen Seeds

  • BitCanna Lite or Mobile Wallet → To send, receive, and store BCNA, you need a digital wallet. You can download the mobile app on your smartphone (currently only available on Android via the Google Play Store) or the BitCanna Lite wallet available for Windows and MacOS.
  • BitCanna Coin (BCNA) → The currency used to make payments.

Important Facts About Paying With BCNA at RQS

  • Getting your own BCNA coins is easy. Simply use a credit card to purchase a minimum of €50. You can also buy coins on a cryptocurrency exchange, but this may involve further fees and difficulties.
  • You’ll need to provide proof of identity the first time you purchase BCNA, but this will only take a few minutes. The next time you buy BCNA coins with your credit card, you will not have to go through this process again.
  • You can buy as many BCNA coins as you want. Any coins you have left over after making a purchase can be stored in your BitCanna wallet for future use. Just know that the value of BCNA is subject to fluctuation. This means that at a later date, your coins may be worth more or less.

Backing Up Your Wallet

Nobody else but you has access to your BitCanna wallet(s). To keep your BitCanna wallet safe and secure, it is important to store your passwords and backups in a reliable place (USB drive, etc). This is the only way to recover your wallets or transfer them to new devices.

Introducing BitCanna

What is Bitcanna?
BitCanna is a decentralised payment platform initiated by and for the cannabis industry. It is a safe and secure alternative to banks, credit card companies, and other payment providers that do not process transactions related to the cannabis industry. The BitCanna Coin (BCNA) is the (digital) currency used to purchase cannabis-related products.
Who created BitCanna?
Some of the foremost business minds in the cannabis industry are responsible for the introduction of the BitCanna platform. Their goal is to provide consumers and businesses with a safe and reliable payment network that will simultaneously earn the respect of regulators and conventional payment systems.
Benefits of using BitCanna:
Using BitCanna is not only easy, but comes with an array of benefits, including:

  • Secure funds
  • Negligible transaction fees
  • Full privacy
  • Complete control of your wallet and BCNA
  • Promos, discounts, etc.
  • Community of like-minded consumers and businesses

BitCanna is designed to benefit both business and consumer, making it easy for customers to buy their favourite products and rate their favourite companies accordingly.
Which stores accept BCNA?
At this time, you can use BCNA at the Royal Queen Seeds and Zamnesia webstores. Soon, you will be able to pay with BCNA at many more stores. You can see the full list of participating BitCanna Alliance members on the BitCanna homepage. Although you will soon be able to make purchases with BCNA in physical stores, at present, purchases can only be made online.
Where did the currently circulating BCNA come from?
BitCanna sold the currently circulating BCNA to investors in an ICO. The funds from this sale were used to develop the platform and products.
What do I need if I want to pay with BitCanna?
All you need to make a purchase is your wallet and BCNA coins!

BitCanna Wallet

What is a wallet?
A wallet is where you digitally store your BCNA. The BitCanna Mobile wallet app is available for your phone (Android), or you can instal the Lite wallet on your desktop computer (Windows/MacOS). The Mobile wallet uses a simple QR-code technology to initiate payments, whereas the Lite wallet allows for easy purchases using your computer.
Can I use both a Lite and Mobile wallet?
Indeed you can, but it is not required. That said, having both wallets gives you multiple ways to pay for products. However, these wallets are not connected, meaning the funds are not shared between them.
What is the long string of numbers and letters in the Mobile wallet and Lite wallet? Example: B7H567ncJDHY8Vjs023JHbhsSwW
This is your unique wallet address—basically like a bank account number. This is what you’ll use to send and receive BCNA. Your wallet address is automatically created upon downloading and opening the Mobile and/or Lite wallet. Keep in mind that your wallet address is distinct from your private key. Although this also features a string of numbers and letters, your private key should not be shared with anyone.
Where can I find my BCNA balance?
You can see your BCNA balance on the dashboard of your Lite wallet or Mobile wallet.
How do I transfer my wallet to another device?
A “recovery phrase” is required to move your Mobile wallet to another device. This phrase consists of 12 words and is generated when you create your wallet. Without this phrase, you cannot transfer your wallet. To transfer your Lite wallet to another device, you’ll need both its backup file and the password you chose when you created the wallet. You can also use your private key to transfer your Lite wallet. Without either of these, you cannot transfer your wallet.
I lost the recovery phrase for my Mobile wallet. What do I do?
If you lost your recovery phrase, you can recover it in your Mobile wallet under “Settings”. You will need the verification code you use to log in to your wallet. If you lost both your recovery phrase and your verification code, you won’t be able to recover your funds. For that reason, it is highly recommended that you store your phrase in a secure location such as a text document on a USB drive.
I lost the password, private key, and backup file for my Lite wallet. What do I do?
If you lost the password, private key, and backup file for your Lite wallet, you unfortunately won’t be able to access your funds. As such, store your backup file, password, and private key in a secure location.
I lost access to my phone and I am now unable to access my Mobile wallet. What do I do?
If you lost access to your phone, you can use your recovery phrase to recover your Mobile wallet on a new phone. This is why you should back up your recovery phrase on an external drive.

Buying Bitcanna (BCNA) Coins

How do I buy BitCanna Coin (BCNA)?
You can buy BCNA via credit card, but the purchase must be at least €50. This is because Indacoin, BitCanna’s partner, charges a fee for each transaction. This fee is what allows you to easily pay for your order without needing to go through a cryptocurrency exchange. To make up for the fee, and so you can still benefit from paying with BitCanna, we’re offering a 15% discount on purchases.

To buy BCNA, navigate to BitCanna’s website here.

Alternatively, you can acquire BCNA coins at the cryptocurrency exchanges Coindeal and Stex. If you are not familiar with crypto exchanges, we suggest using the method above.
What is the transaction fee?
BitCanna transaction fees are negligible; usually around $0.00001/€0.00001 per transaction depending on how busy the system is. However, buying BitCanna with a credit card has a fixed fee of around €3 to €4 per transaction. This fee, which is paid to Indacoin, is needed so you can easily use BCNA without going through an exchange.
How do I know how many BCNA coins to buy?
When you submit an order at Royal Queen Seeds and choose BitCanna as a payment method, your 15% discount will automatically be deducted from your order. Once you’ve downloaded your wallet, you can click confirm on the RQS checkout page. You can now see the amount of BCNA coins required. Using your credit card, you can purchase these coins instantly. If you already have enough coins, you can pay directly for your order.
I bought more BCNA than I spent on my order. What can I do with them?
You can store your remaining BCNA coins inside your wallet for your next purchase. However, know that the value of BitCanna fluctuates according to supply and demand. So the amount in your wallet may change over time even if you don’t send or receive coins.
How long does it take for my BCNA to arrive after purchasing them from Indacoin?
Coins are usually delivered to your BitCanna address within 15 minutes. If it takes longer than an hour, please contact Indacoin with the live chat button on their website. You can also contact **BitCanna directly.
Why does the value of BCNA fluctuate?
BitCanna Coin (BCNA), like any other cryptocurrency, is traded live on cryptocurrency exchanges. Supply and demand determine the value of BCNA at any point in time. This means the value of the BitCanna Coin isn’t stable. If you have BCNA stored in your wallet, the amount will likely increase or decrease somewhat over time.

Paying for Your Royal Queen Seeds Order

Will my bank know that I bought cannabis-related products?
No. Privacy is of the utmost importance to BitCanna. Your bank statement won’t show that you bought cannabis-related goods, or where you bought them from. The only related transaction that will show is that to Indacoin when securely purchasing BCNA.
What are the transaction fees?
Transaction fees are around $0.00001/€0.00001 per transaction depending on how occupied the system is. When purchasing BitCanna with a credit card, there is a fixed fee of around €3 to €4 per transaction, paid to Indacoin for a seamless user experience.
Can I change my BCNA to fiat (euros, dollars, or pounds)?
Yes, but you must do so at a crypto exchange. Note that this is out of BitCanna’s purview, but more information can be found in this **guide.
Can I send BCNA to other users?
Of course! All you need is the recipient's unique BitCanna wallet address. Simple as that!

Privacy and Security

How does BitCanna ensure the safety of my BCNA coins?
Privacy and security are of the utmost importance to BitCanna. It is built upon secure blockchain technology with a decentralised system to safeguard the privacy of users. No one except you can access your funds—not even BitCanna! As such, you must back up your wallet and passwords on an external drive or similar. Then, even if you lose your phone or your wallet details, you can recover them.
How do I transfer my wallet to another device?
A “recovery phrase” is required to move your Mobile wallet to another device. This phrase is a string of 12 words that is generated when you create your wallet. You cannot transfer your wallet without a recovery phrase. To transfer your Lite wallet to another device, you’ll need the backup file and the password you set upon creating the wallet. You can also use your private key to transfer your Lite wallet. Without either of these, you cannot transfer your wallet.
I lost the recovery phrase for my Mobile wallet. What do I do?
If you lost your recovery phrase, you can recover it by going to “Settings” in your mobile wallet. You will need the verification code you use to log in to your wallet. If you lost both your recovery phrase and your verification code, you won’t be able to recover your funds. For that reason, it is highly recommended that you store your phrase in a secure location.
I lost the password, private key, and backup file for my Lite wallet. What do I do?
If you lost all three, you won’t be able to access your funds. As such, store your backup file, your password, and private key in a secure location.
I lost access to my phone and I am now unable to access my Mobile wallet. What do I do?
If you lost access to your phone, you can use your recovery phrase to recover your Mobile wallet on a new device. This is why you should back up your recovery phrase on an external drive.

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