Where to Buy Bitcoin in Canada – 4 Places That Have the Best Prices Available

Where to Buy Bitcoin in Canada – 4 Places That Have the Best Prices Available

Finding bitcoins can be very difficult, especially since the amount of this cryptocurrency is so limited. And yet, despite that limitation, it is one of the most sought after currencies in the world so getting your hands on some of those coins can be a real challenge. So, if you are wondering where to buy bitcoin in Canada, then make sure to keep reading this article for four of our top picks for exchanges and marketplaces where you can get bitcoins.

VirWoX

This is a super popular option, even though technically it isn’t even an exchange. This option doesn’t even allow you to directly buy bitcoin, but instead you can get your hands on Second Life Lindens which you can then use to exchange for bitcoins. The process is super easy, but the one downside is that there is a pretty hefty 10% fee. It can be a bit complicated to use, there isn’t a lot of privacy, but the process if very fast and the program is very trusted by other customers.

Mycelium Local Trader

This is the kind of service that will allow you to find bitcoin sellers in your area. Once you have done that, you will be able to meet up with the person and you can conduct the trade on your own terms. There are absolutely no fees when using this service and even though it can find users in more highly populated areas mush easily, it can also help users in small areas as well. Another great perk about using this service is that it is extremely private because you are dealing with someone face to face, so there is no need for any identification.

CoinCorner

This is a bitcoin exchange that is based on the Isle of Man. They are a great option for anyone that is a first time buyer, so if you are a beginner then definitely check this exchange out. When using this service you have the option to choose between several different payment methods, such as credit or debit card, a bank transfer, SEPA and so on. There is also no verification necessary for any purchases that are under a 100 pounds, so the whole process can be very private if you are working with small sums.

QuickBT

The last option on our list for where to buy bitcoin in Canada is this great broker that is based in Canada and that will sell you up to $100 worth of bitcoin in just a few minutes. This service is pretty easy to use, definitely very fast and the fees that you have to pay are low, but if you want to get a larger amount of money you will have to give your personal information, so that is definitely something to keep in mind.

Every place is different and has something different to offer, so making the decision can still be somewhat challenging, but we hope that this list has helped you narrow things down. Take a good look at our suggestions and make sure to go through all of the pros and cons and you will definitely be able to find the right match for you.

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