Interested in buying Bitcoins Canada? You have come to the right place! Read this article and discover the best Canadian Bitcoin exchanges!
There are so many options you could use to find a place and buy Bitcoins in Canada. However, finding the best price for Bitcoins in Canadian dollars may not be so easy. A lot of the options you will find online include high fees, so be careful and double check the terms before you decide to buy your first Bitcoin.
In order to help you, we’ve decided to come up with a list of the best Canadian Bitcoin exchanges you could use. These exchanges can offer you the best price to buy and trade not just Bitcoins but Ethereum as well.
One of the first companies that have announced public trading is the Vancouver-based company or Bitcoin exchange service QuadrigaCX. You can find them under the public name Quadriga Fintech Solutions. As a matter of fact, this is the first publicly traded Bitcoin exchange with assignment and approval of the Canadian Securities Exchange.
All of the account funding options they offer are free, except for one – Interac Online (the fee is 1.5% and the min is $5). The direct Bank Transfers and the Electronic Funds Transfers, as well as, the cash deposits in person are completely free. The company accepts Western Union and Bank Wires payments. If you prefer, you could also send Canada Post Money orders to your account, without verifying. For high volume traders, QuadrigaCX offers special or so-called VIP funding options as e-transfers funds with no fees attached.
Besides QuadrigaCX, you could also check LocalBitcoins which is a less costly and a very popular place to buy Bitcoins. They offer more flexible payment options such as interac transfer, direct deposit, PayPal payments, and much more. TaurusExchange provides competitive trading fees for high volume traders and this is not the only benefit they offer. The current spread between Bit and Ask is $12 with extremely low prices offered to Bitcoin buyers and higher prices to Bitcoin sellers. Cavirtex is another popular and well-known name in the Bitcoin trading market in Canada. They were acquired by Coinsetter and after a short closure, they were reopened. They are known for their advanced and modern security standards and practices.
So, are you ready to buy your first Bitcoin Canada?