In order to purchase or sell crypto-assets in your account with Wealthsimple Digital Assets, the entity that operates Wealthsimple Crypto, you must also open a separate account with ShareOwner.
When you purchase crypto-assets using Wealthsimple Crypto, Wealthsimple Digital Assets will request cash from your account with ShareOwner in order to fund your purchase. When you sell crypto-assets , the cash proceeds will be transferred to your account with ShareOwner. Access to your cash is permitted only to settle transactions initiated by you.
You can find more information in our Client Relationship Disclosure.