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How do I buy Bitcoin in Canada (BTC/CAD)?

Aug 18, 2020
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byNDAX Labs

Buying Bitcoin in Canada can be done through:

                         

➀ A peer-to-peer trade

➁ A Bitcoin ATM

➂ A Cryptocurrency exchange

However, utilizing platforms such as NDAX will allow for affordable, safe, and fast transactions.

 


 

Canadians can purchase BTC on NDAX by following these steps:

At NDAX, we offer a BTC to CAD pairing, allowing Canadians to buy bitcoin directly with Canadian currency. To get started, you will need to fund your NDAX account. NDAX offers 3 funding options, Interac e-Transfer, Bank Draft/Certified Cheque and Wire transfer.

For step by step guides on how to deposit Canadian dollars to buy bitcoin check out the articles below:

How do I deposit via Interac e-Transfer?

How do I deposit via Bank draft?

How do I deposit via wire transfer?

           


                         

Once you fund your account, you are ready to buy Bitcoin on NDAX.

There are 2 different ways to buy Bitcoin on our platform:

➀ Using our quick buy/sell widget

• Login to https://ndax.io/

• Once you log in you will be redirected to your dashboard

• On the right side of the screen, you can find our Quick Buy/Sell widget

CLICK THE SMALL GREY ARROW in the upper left corner of the screen to pick the BTC/CAD pair

• Input the amount in CAD that you want to purchase BTC with

• Click BUY (Green button)

• Click BUY (Green button) again within 5 seconds to confirm your order

                                   

                 


                             

➁ On our trading page

• Login to https://ndax.io/

• Once you log in you will be redirected to your dashboard

• Click TRADE on the left-hand side of the screen

• On the trade page, click BUY (Green button) on the right side of the screen

• Click the small GREY ARROW in the upper left corner of the screen to pick the BTC/CAD pair

• Click on MARKET

• Enter ORDER SIZE (the amount you want to buy) either in BTC or CAD

• Click PLACE BUY ORDER

                           

                     


                                     

Frequently Ask Questions

What is Bitcoin (BTC)?

How do I cash out Bitcoin in Canada?

What are NDAX's trading fees?

How do I sell Bitcoin in Canada (BTC/CAD)?

How do I buy Bitcoin with a trailing stop market order?

How do I buy Bitcoin with a stop-limit order?

How do I buy Bitcoin with a limit order?

How do I choose the right cryptocurrency exchange?

                                           


                                                                   

For any other questions, please contact our support team or visit our help desk.

If you are based in Canada and looking for a Canadian Bitcoin exchange, then take a look at  NDAX. NDAX is an easy-to-use, beginner-friendly exchange that can give you easy access to trade Bitcoin and other cryptocurrencies like Ethereum, XRP, Litecoin, Cardano, Dogecoin, EOS and Stellar.

       

Happy trading!