Get started with Bitcoin quickly and easily on one of the most secure Canadian platforms. When storing your Bitcoin, Bitbuy stands out by combining unbeatable convenience, high-grade security, and insurance coverage to protect your assets. Operated under Coinsquare Capital Markets Ltd (CCML), a member of the CIRO, and registered with the OSC and the CSA as the first Canadian registered marketplace for crypto assets, and registered with FINTRAC as a money services business. Your assets are kept offline to protect against potential cyber threats—store Bitcoin confidently.
A Single Platform to Buy, Sell, and Store Bitcoin
The peer-to-peer decentralized digital token maintains a maximum supply of 21 million coins. Join the 1,500+ businesses that trust Bitbuy Corporate Solutions to add crypto to their balance sheet. Snipe your trades on the fly with advanced charts on Bitbuy Pro Trade.
Join thousands of Canadians using Bitbuy every day
A cold storage wallet is an offline cryptocurrency wallet designed to securely store digital assets away from internet access, reducing the risk of hacking or unauthorized access. Our integrated wallets allow you to store () and other cryptocurrencies within your accounts, facilitating seamless transactions without needing external wallets. Our integrated wallets allow you to store Bitcoin (BTC) and other cryptocurrencies within your accounts, facilitating seamless transactions without needing external wallets. While hot wallets provide convenience for frequent transactions, cold wallets are ideal for long-term storage and safeguarding large amounts of crypto assets. There are many ways to buy, sell, and trade crypto, from signing up for a crypto exchange to using an online brokerage trading platform.
A Canadian cryptocurrency exchange is the most convenient way to buy Bitcoin in Canada
Once you’re signed up, you’ll need to fund your account before you can buy Bitcoin. After that, you just log in and go whenever you want for fast Bitcoin transactions. For the last couple of years, investors have been able to acquire spot-Bitcoin ETFs and physically settled funds. When you’re deciding where to buy Bitcoin, do your research on transaction fees.
Your go-to mobile app for secure, effortless transactions
You have likely seen a Bitcoin ATM at your local mall or a convenience store near you. You need to connect with other Bitcoin owners looking to sell on sites like LocalBitcoins or Facebook Marketplace. Advanced Bitcoin traders get fast and easy Bitcoin purchases and withdrawals. It’s designed to make trading CAD for Bitcoin intuitive and simple.
International exchanges won’t let you turn Bitcoin back into Canadian dollars, while some even have small limits on how much Bitcoin Canadians can buy. Exchanges offer more convenience and security than your other options. They offer advanced trading through Bitbuy Pro and over-the-counter services for high-net-worth individuals and businesses. It possesses lots of utility and is a critical component for Decentralized Finance (DeFi), which has become integral to the entire crypto industry in the last couple of years. With approximately 4 million Canadians owning crypto, it remains incredibly popular.
Where to Trade Bitcoin
Bitbuy uses cold storage by keeping 95% of its users’ cryptocurrency assets offline in highly secure environments, protected from internet-based threats like hacking. Of course, the two most popular methods are Bitcoin wallets and centralized cryptocurrency exchanges. Storing coins on the exchange is convenient if you’re regularly trading or using them to make payments, though many Bitcoin buyers use their own wallets for added security. A digital wallet is simply software or hardware that allows users to store and access their cryptocurrency.
Buying Bitcoin in Canada as well as other digital currencies is simple and secure with Bitbuy. In addition to providing an easy way to buy Bitcoin, we also provide resources for learning about blockchain technology and cryptocurrencies. Bitcoin and cryptocurrencies are at the heart of the new decentralized economy. At Bitbuy we stand out as a Canadian crypto exchange by providing better customer service and support. As the world increasingly moves toward a cash-free society, Bitcoin and other cryptocurrencies are the only alternative to relying on major banks.
Get Crypto Alerts On Your Phone
International exchanges often also require you to exchange CAD for USD, which comes with yet more fees. On international exchanges, your only option may be to fund your purchases with a credit card, which can take a long time to confirm and incur high fees. New lower fees mean it’s more affordable than ever to trade Bitcoin on Bitbuy.
Bitbuy offers some of the lowest buying and selling fees in Canada. Sign up for Bitbuy and start trading cryptocurrencies. Bitbuy encourages buying and selling Bitcoin by providing a technology platform that anyone can use. Buying and selling Bitcoin as an investment also comes with risk, as the cryptocurrency has seen major price volatility. Individual investors and mutual funds have also begun investing in Bitcoin and other cryptocurrencies.
- Crypto staking is when holders lock up their assets to participate in and maintain a network’s blockchain.
- Don’t worry; you can maintain your trading strategy on the mobile app!
- Bitbuy was designed for both new traders seeking a simple interface and for advanced traders who know their way around the crypto world.
- Instead, you can use Bitcoin to buy these other cryptocurrencies.
- The peer-to-peer decentralized digital token maintains a maximum supply of 21 million coins.
Get the app on iOS or Android.Are you always on the go but want to keep up with the exciting world of cryptocurrency trading? In exchange for network validation, investors will receive staking rewards, which are paid out every couple of days, and the amount will depend on the cryptocurrency and the length of time. The crypto wallet can also ensure that your public and private keys are safe and secure. With bitcoin, you can purchase a Satoshi (the smallest unit of the cryptocurrency) or buy an entire coin. There are many ways to trace Bitcoin transactions, including combing through the blockchain, the cryptocurrency’s historical ledge of all transactions that can be viewed at all times by anyone. Established in 2016, Bitbuy is one of Canada’s oldest and most trusted platforms for BTC, ETH and other cryptocurrencies.
Navigate to the ‘Accounts’ section of your account
As a regulated platform, Bitbuy is registered with Canadian financial regulators. You can take advantage of volatility to buy low and sell high. Input the amount of money you want to spend, and our interface will show you how much Bitcoin you get in return after fees have been applied.
It is entirely up to you to decide how much Bitcoin to buy, sell, and trade, which is the benefit of being a decentralized system. “All Bitcoin transactions are public, traceable, and permanently stored in the Bitcoin network.“ Bitcoins are created by employing cryptocurrency mining methods. Although most jurisdictions do not treat the virtual token as legal tender, you can still legally buy, sell, trade, and spend Bitcoin.
- Remember that any time you send Bitcoin to another exchange, a friend, or a business, you should triple-check the public address.
- Moreover, the same advantages that make Bitcoin and its brethren appealing to cybercriminals can be exploited by the authorities to find and seize unscrupulous individuals’ funds.
- Deposits are free, withdrawal fees are 1.5 percent, and the minimum deposit is $50.
- On international exchanges, your only option may be to fund your purchases with a credit card, which can take a long time to confirm and incur high fees.
Bitbuy is the simplest and most secure platform to buy Bitcoin and other cryptocurrencies on. Other cryptocurrencies like Litecoin and Bitcoin Cash were designed to make transactions faster bitbuy canada review and be used for buying goods and service. Yes, the Bitbuy crypto app makes buying and selling cryptocurrency on the go as easy as tweeting! With the best crypto app experience in Canada, you can buy, sell, deposit, or withdraw an extensive suite of cryptocurrencies on the Bitbuy platform.
Investing in Crypto
There are several reasons why it may make sense for you to sign up to buy and sell Bitcoin today. Businesses are using Bitcoin to reduce transaction fees and pay suppliers, while individuals can buy an increasing number of goods and services with Bitcoin. It was designed to pay for goods and services online without relying on the major banks and paying high transaction fees. Bitcoin uses blockchain technology to regulate the release of new Bitcoins and verify transactions independently of the banking system. Don’t worry; you can maintain your trading strategy on the mobile app! You can create an account by clicking on “Get Started.”This requires inserting your personal information to verify your identity, including name, email address, and telephone number.
Thanks to Bitbuy’s reporting tool, users can create and download comprehensive annual activity reports for their accounts. You no longer need to comb through websites like LocalBitcoins and Facebook Marketplace to find buyers or sellers. Additionally, you can also purchase Bitcoin and other cryptos through conventional online brokers and money transfer applications. Remember that any time you send Bitcoin to another exchange, a friend, or a business, you should triple-check the public address.