When something as popular as bitcoin is also as limited as this cryptocurrency is, it just makes people want it even more. Every single day people try to mine coins for hours just to get some, but if you are someone that doesn’t have the time for that, then the good news is that there are a lot of places where to buy bitcoin in Canada, and in this article we will give you our top four picks, so keep on reading to find out what they are.
This is a company that allows you to buy large amount of bitcoins, all the way up to 1 million dollars’ worth, and although extra verification will be required for such transactions, a great perk from this company is that if you are in Montreal you can buy from them in person. The biggest concern is the privacy, because even with the lowest sums they still require ID verification, but the limits are very high which is not very common and the whole process is very fast.
Next on our list for where to buy bitcoin in Canada is this exchange, which is actually one of the biggest exchanges in the USA and you can use a variety of different payment methods in order to fund your account. This exchange is great with offering really great prices and low fees for transactions, but something that may be considered a downside is the interface of the program because it can be a bit tricky for customers to use.
If you are looking for a place where you can buy bitcoin with a credit or debit card, then this is the place for you. If you are also someone that wants to protect their identity, then this is again a great option because purchases up to $150 don’t require identification and that is a very convenient thing to have when you want to make a quick bitcoin purchase. The one downside that you should consider is the fact that Coinmama has some of the highest fees amongst other bitcoin brokers that accept debit and credit cards.
When looking for bitcoin in Canada, what better place to go to than Canadian bitcoins. One of the biggest perks of using this exchange is the fact that they offer an incredible amount of payment options. Interac Online, cash via email, cash in person, direct debit from bank account and debit in person are just a few of the possibilities with Canadian bitcoins. Again, one of the big concerns is privacy and in this case many of these payment methods will require identification, so that is definitely something to keep in mind.
Finding the right exchange or marketplace can be tough, especially since all of the choices can be a bit overwhelming especially for a beginner. When thinking about where to buy bitcoin in Canada next time make sure to keep these options in mind and you will surely get some great results.