For those in Canada: Trying to figure out how to buy bitcoin Canada? And frustrated with all of the dead-ends you’re finding that are for USA only people? Here are some ways that Canadians can buy bitcoin and other cryptocurrencies.
Coinbase has been around for a long time, and comes with a solid track record of fulfilling its promises and protecting your information.
Coinbase supports Canada (as well as more than 100 other countries). Currently, Canadians looking to buy bitcoin can create an account, and then using either a credit card to buy Bitcoin, or a PayPal account to sell, and convert cryptocurrencies.
Approximately 23 cryptocurrencies are currently supported by Coinbase for Canada, which means you can invest in a number of top blockchain products without having to sign up on more than one cryptocurrency exchange.
Mind the fees
If you decide to pay with your credit card to buy bitcoin and you are in Canada, beware that your credit card company may charge you a cash advance fee – which can be $25 to $50.
Currently, Coinbase only allows you to withdraw to PayPal, not fund and buy bitcoin in Canada with PayPal.
Already a CoinBase member from Canada? Earn free crypto
If you already have a CoinBase account, you can earn up to $161 CDN just by watching some short videos and learning about cryptocurrencies. Click here to earn free XLMLearn More: Here