Buy Bitcoin in Canada
How to Buy Cryptocurrency with Bitbuy, Coinberry, Coinbase
Bitbuy.ca (Get $20 with this link)
Coinberry (Get $20 with this link)
Coinbase (get $13 with this link)
Top 3 places to buy bitcoin and crypto currency in Canada
Bitbuy: I love the low fees and pro trader mode.
Has a mobile app
Easy Set up
Low Fees
Enjoy the Pro Trader Option for advanced trading on Bitbuy you can fund your account using Interac eTransfer, Interac Online, or Bank Wire. Each method of payment has its own fees and processing times.
Interac eTransfer: Typically, an eTransfer takes 24 hours to process with a 1.75% fee. Minimum deposits are $100 and the most you can deposit is $3,000.
Express eTransfer: One unique feature offered by Bitbuy is express 2-hour guaranteed eTransfer funding.
Interac Online: Instant processing with a 2.00% fee and $2,000 maximum.
Wire Transfer: Wire transfer takes the longest time to process out of all your options, but it’s the best way to make large deposits. The fee is small at only 0.50%, though processing takes 1-2 days. There’s a $5,000 minimum deposit on wire transfers and $500,000 maximum. If you’re a major investor or buying Bitcoin as a business solution to pay contractors or suppliers, wire transfer may be the way go.
Coinberry: I like the no fee structure and layout is simple.
Has a mobile app
Canadian funding methods like; Interac eTransfers, credit cards, and wire transfers
Low Trade Fees and 0% Withdrawal Fees
Easy withdrawal to other exchanges
Easy withdrawal to bank
Autopilot: Great features let you buy a certain amount of crypto per day or week by scheduling automatic buy ins. This allows you to dollar cost average.
Interac E-Transfer: Instant processing with a 0.00% fee and $10,000 maximum.
Wire Transfer: Wire transfer takes the longest time to process out of all your options, but it’s the best way to make large deposits. The fee is free at 0.00%, though processing takes 1-2 days. There’s a $10,000 minimum deposit on wire transfers and $500,000 maximum. If you’re a major investor or buying Bitcoin as a business solution to pay contractors or suppliers, wire transfer may be the way go.
Coinbase: Love how clean and stable the website and app is. It’s been around and has been very dependable for years.
Debit Fee Debit Card/Visa/Mastercard 3.99%
Exchange Fee and Withdrawal Fees Higher fees on exchange and withdrawal compared to the other platforms.
Recurring Purchase schedule option: Similar to autopilot you can schedule purchases to dollar cost average.
Offers Bitcoin and alt-coins 50 total assets.
All of these crypto exchanges are great for starting your digital asset journey.
I will continue to review these exchanges and other international exchanges in the future.
Remember when investing into Bitcoin and crypto currency always invest what you can afford to lose. The future of digital assets is growing however invest wisely as I am not an accountant or financial advisor. Please do your own research before investing.
