Now that you are familiar with the basics of Bitcoin, it’s time to reveal how one can buy Bitcoin in Canada.
Purchasing this cryptocurrency in Canada can be conducted in different ways. Some people use online exchanges, others used CFDs and some of them are using Bitcoin ATMs. Each of these options has some advantages and disadvantages. If you want to use an online exchange, our suggestion is to try CEX.IO because it has a reasonable trading fee and lets Canadian users buy Bitcoin with the help of their credit cards, cash, and SEPA/bank transfers.
The process of buying Bitcoin in Canada in this way should start by opening a digital Bitcoin wallet. This is where you store your Bitcoins. There is more than one option out there, and one of the most used today is Blockchain.info.