How do I buy Bitcoin in Canada (BTC/CAD)?
Introduction
Buying Bitcoin in Canada can be done through:
- A peer-to-peer trade
- A Bitcoin ATM
- 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:
Once you fund your account, you are ready to buy Bitcoin on Ndax.
There are 2 different ways to buy Bitcoin on our platform:
- 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
- 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?
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.