How to buy Bitcoin in Canada

Updated on Mar 8, 2024: BTC hit an all-time high price again today. Bitcoin’s value isn’t the only thing on the rise. As of today, Shakepay is quadrupling (!) the referral rewards. If you want to sign up a new Shakepay account, please use our referral link below: https://shakepay.me/r/NXDBDC0 , and you can earn $20 (it was only $5 before) when you buy CAD $100 of crypto.

Updated on Mar 5, 2024: BTC hit an all-time high price today.

Updated on Aug 20, 2022: I am not asking you to buy Bitcoin or any cryptocurrencies here. Cryptocurrencies investment has very high risks. Please be wised with your decision! But, if you want to buy Bitcoin in Canada, I would suggest you to try Shakepay / Newton / Netcoins / VirgoCX.  If you want to sign up a new Shakepay account, please use our referral link below: https://shakepay.me/r/NXDBDC0 , and you can earn $20 when you buy CAD $100 of Bitcoin / ETH.  If you want to open a new Newton account, please use our referral link: http://web.newton.co/r/7O419Y , and you can earn $25 when you make your first trade of CAD $100 cryptocurrencies. If you want to open a new Netcoins account, please use our referral link: https://netcoins.app/r?ac=13S8HS , and you can earn $25 when you make your first trade of CAD $50 cryptocurrencies.  If you want to sign up a new VirgoCX account, please use our referral link below: https://virgocx.ca/page#/register?code=u7zOV9kh , and you can earn $30 when you make your first fiat deposit of $100 CAD or more. Thanks for your support.

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Bitcoin price is around USD $40,000 on Jun 16, 2021. Some friends asked me recently how to buy Bitcoin in Canada. So, I would like to introduce the options for Canadians to buy bitcoin today. Note: I am NOT recommending or suggesting that you should buy those cryptocurrencies, and you should always do your research to make informed investing decisions. All I provide here is just an introduction of the workflow. From my point of view, I prefer Shakepay and Newton exchange platforms.

Shakepay Daily Referral Giveaway

 

Expiry: Aug 7, 2021

We introduced the Shakepay exchange platform before in our post "How to buy Bitcoin in Canada".

You have a chance to win $1,000 CAD worth of sats (for Canadian Residents excluding Quebec) by referring a friend to Shakepay! Each day until August 7th, 2021, Shakepay will be doing The Daily Referral Giveaway. For more information, please visit the FAQ page: https://legal.shakepay.com/rewards#the-daily-referral-giveaway

How you can participate:

• Invite a friend to join Shakepay using your referral link
• Have them sign up and complete registration on any given day to be entered into that day’s giveaway
• You must be a Canadian resident to participate (excluding Quebec)

How it works:

• A daily winner will be randomly selected from a list of participants and Shakepay will announce the winners the following day. The winner will be rewarded with $1,000 worth of sats and will be contacted via the Shakepay app. 

If you don't have a Shakepay account now, you can open a new Shakepay account using our referral link below: https://shakepay.me/r/NXDBDC0 , and you can earn $10 when you buy CAD $100 of Bitcoin. Thanks.

When you have a new Shakepay account, you will have your own referral link. Then you can The Daily Referral Giveaway by referring your friends to Shakepay.

Mogo Bitcoin Contest

Deal Link: https://www.mogo.ca/pdfs/MogoBitcoinContestTermsAndConditions.pdf
Expiry: Mar 31, 2018

Become a MogoMember today for your chance to win bitcoins and to be one of the first in line to access Mogo's new bitcoin account for buying and selling bitcoin. The Contest begins at or about 12:00 a.m. PST on December 20, 2017 and ends at or about 11:59 p.m. PST on March 31, 2018.

Each month a lucky MogoMember will win 1 bitcoin. 4 months, 4 chances to win. Become a MogoMember now to enter the next draw on December 31st 2017. The earlier you sign up, the more draws you'll enter. As a MogoMember, you can also get your Equifax credit score, which will be updated every month, all for free—no conditions, no other charges.

Note: the Mogo Bitcoin Contest is open to all legal residents of British Columbia, Alberta, Manitoba, Ontario, New Brunswick, Prince Edward Island and Newfoundland who have reached the age of majority in their province of residence.

BTW, if you don't want to wait for Mogo's new bitcoin account to buy bitcoin, you can read:
http://www.canadianrewards.net/2017/12/how-to-buy-bitcoin-in-canada.html