How To Buy Bitcoins in Canada

Buy Bitcoins in Canada

Buy Bitcoins in Canada

Canadian BitcoinsCanadian Bitcoins

is a Bitcoin exchange based in Canada that offers many payment options:

  • Interac Online
  • Bill Payment via online banking
  • Direct debit from bank account
  • Flexepin Voucher
  • Cash via mail
  • Cash in person (Ottawa)
  • Debit in person (Ottawa)

The fees vary for each payment method.

  • Wide range of payment methods to purchase bitcoins
  • Can handle large purchases of bitcoins, $100,000 or more
  • Interface is easy to use for first time buyers
  • Many payment methods are not private ways to buy bitcoins

SatoshiCounterSatoshi Counter

Buy in person in Montreal or online in the rest of Canada. The company allows for the purchase of large amounts of bitcoins (up to $1m.) although extra verification is required for such trades.

  • Great way to buy large amounts of bitcoins in Canada
  • Reliable and trusted broker; run by the Bitcoin Embassy in Montreal
  • Even buying with cash, identity verification is required so not private

KrakenKraken

Founded mid-2013, Kraken is the world’s largest Euro-denominated Bitcoin exchange, based on daily average trading volume. It supports deposits from US, European, Canadian, British, and Japanese customers. Deposits can be made via bank wire, SEPA, SWIFT, and bank deposit (Japan only).

  • Well-financed and trusted exchange
  • Very low 0.25% taker fee, falling to 0.1% with sufficient trading volume
  • Very low maker fee, falling to 0% with sufficient trading volume
  • Deep liquidity for large volume buyers in European markets ensures a price close to fair market rate
  • Highly-rated for security
  • Publishes proof of reserve audits
  • User-interface makes it difficult for first time buyers
  • Requires ID verification, so not private

buy bitcoins cubits bitcoin walletCubits

Cubits is a Bitcoin exchange based in the United Kingdom. It allows users in almost every country besides the United States to purchase bitcoins, using a wide range of currencies and payment methods. The payment options include SEPA, SWIFT, credit cards, OKPAY, SOFORT, Skrill, Dotpay, and online bank transfer.

  • Fair 0.9% trading fee
  • Wide range of payment methods offered
  • Support for 20 fiat currencies
  • Super clean design makes the buying process easy
  • Offers a wallet that should not be used to store bitcoins
  • Requires ID verification, so not private
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