The Only 3 Places You Should Consider If You Are Looking to Buy Bitcoin in Canada

Are Looking to Buy Bitcoin

Are you interested in bitcoins? Then you are definitely not the only one since it has turned into a kind of craze at this point. Millions of people around the world are trying their hardest to get their hands on some of these coins, and if you live in Canada you actually have a lot of places that you can go to when you want to buy bitcoin and in this article we will talk about three of the best of them, so keep on reading if you are interested.

bitBUY.ca

This is a Canada-based exchange for bitcoins that allows you to buy bitcoins using Interac Online. One of the best things about this exchange is that it is a very fast way for you to buy bitcoins and if you are interested in small amounts, up to $250 then you can do that by only providing your email address and mobile phone number. The limits are pretty low, so if you are looking for a place that will allow you to get big limits then this isn’t the place for you, and the fees that you will have to pay per transactions are 4.95%, so that is also something to keep in mind.

Kraken

This is the largest bitcoin exchange in the world and it supports deposits from all over Europe, the US and of course, Canada, as well as some other countries from around the world. All of the deposits can be made via bank wire, SFIFT or SEPA and the fees are very low, so that isn’t something that you need to be concerned with. Something that can be a bit of a downside is the fact that the user interface is a bit complicated so it can be a problem for beginners and they also require ID verifications, so if you are counting on anonymity, this is not the place for you.

Changelly

Apart from allowing you to buy bitcoins, using this service, you will also be able to buy other cryptocurrencies as well, such as Dogecoin, Litecoin and so on. This is a service that is available in almost every country in the world and it is a cryptocurrency exchange, which means that you will need another currency in order for you to get bitcoins. All of the exchanges happen instantly, the privacy level is very high, it is easy to use and the only thing that you need to be wary off is the fact that the limits of what you can purchase are very high.

When there are so many different options out there, it can be a bit overwhelming and confusing, so we hope that by shortening the list we have been able to help you out. Take a good look at the options above, and remember that these are only a very small portion of what is out there so never get discouraged if they don’t work out.