We are not financial experts, and the resource links below are provided for information purposes only. They are based on our own research and experience with Bitcoin in Canada. They are not intended to be legal and/or financial advice.

Some of the links below are affiliate or referral links. If you use those links to sign-up at the associated website, we will receive small commission. In some instances, you will also receive a credit.  If you need any help with your process, we will help you for free. 

You can call us at: 1-647-361-3691

 

Steps to Buying Crypto:

  1. Create your accounts. You may want several accounts, but start with the one or two you feel most comfortable with.
  2. You will need 1 piece of government issued photo ID, a utility bill, and a void cheque. The process to create your account may take 24-48 hours.  If you have any difficulty creating your
  3. account, please don’t hesitate to contact us and we will help you through the process free of charge.
  4. Once your account has been confirmed, you will need to transfer money to your new account. If you are transferring a small amount (under $3,000 CAD), you can etransfer directly through your online banking.  The bank will charge a small fee for this.  If you are wiring a larger sum, you will have to do this in person at the bank and there are no bank charges for this.
  5. Purchase your Bitcoin or other crypto currency. Once the funds are in your wallet or custodial account, you can choose to purchase any crypto currency that is available on the platform.
  6. Security – there is no insurance on crypto currencies like there are on fiat currencies. We encourage you to inquire about your custodial security systems as well as your wallet.  NEVER share your wallet pass phrase with anyone.  Keep it in a safe location like a security deposit box.

 

Buying and Exchanging Crypto Currencies

There are many agencies through which you can purchase your Bitcoin and other crypto currencies.  Some platforms and wallets allow you to purchase cryptos, exchange cryptos, and collect interest.   Many platforms have high fees so we don’t recommend them as it puts too much of a tax on your investment.  We have listed platforms here that either have low fees, pay interest on your investments, or offer some other unique beneficial products.  You can always call us if you have questions about moving forward in your crypto journey:

1-647-361-3691

Coinsquare.com

Benefits:

  • Low deposit rates (sometimes free – they have promotions throughout the year)
  • Easy to exchange any crypto currency of your choice (move freely from Bitcoin to Ethereum to Chainlink, etc . . . )
  • Easy to transfer funds to your wallet or other custodian
  • If you deposit $25,000, they will give you $500 if you use the link below

Register with this link: 

Ledn.io

  • 5% interest in Savings Account paid in Bitcoin (very few custodians offer this)
  • Allow you to borrow cash at 1% to purchase Bitcoin to effectively double your Bitcoin power
  • 11% interest in USDC savings
  • Add beneficiaries
  • Currently only offer Bitcoin but will be adding more currencies for 2021
  • Authenticator app required for extra security (changes every 30 seconds)

Register with this link:  

Crypto.com

  • Allows you to earn 2% on your crypto deposits
  • Use their credit card to get 3-5% cashback in crypto

Register with this link: 

Binance

World’s largest crypto exchange

Offers a free training program

Exodus

Easy to use wallet and easy to immediately trade currencies on your personal device.  You can download this directly from the App Store for free.

Zap

Easy to use wallet and easy to immediately trade currencies on your personal device