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 Visa Prepaid Card Introduction

Updated on Feb 14, 2022:  All Shakepay users can now sign up for the Shakepay Visa Prepaid Card, no invite necessary! Your first $5,000 spent earns you an extra 1% boost in bitcoin rewards directly to the bitcoin balance of your Shakepay account (That’s an extra $50 worth of bitcoin). BTW, Shakepay will reimburse approximately 50,000 purchases valued in between $1.00 and $300.00. So, you may also have the chance to receive the full purchase amount back.

The new Shakepay Visa Prepaid Card is here, which is issued by Peoples Trust Company. If you don't know about Shakepay, please see this post first: https://www.canadianrewards.net/2017/12/how-to-buy-bitcoin-in-canada.html

The card is the easiest way for Canadians to earn bitcoin. How it works:

1. Top up your card: Fund your Shakepay Canadian dollar balance with an Interac e-Transfer or by selling your crypto balance for Canadian dollars.
2. Spend dollars: Shop at any online or in-store merchant that supports Apple Pay or Google Pay.
3. Earn bitcoin: Get rewarded with up to 2% back in bitcoin cashback on every purchase. Rewards are automatically settled to the bitcoin balance in your Shakepay account. You can earn 1% on every purchase. Plus, you can earn addition 1% on your first $5000. 

This card will first be released as a virtual card only. Later, Shakepay will release a physical card. If you want to get a Shakepay Visa Prepaid Card, you need to open a Shakepay account. Please use our referral link below: https://shakepay.me/r/NXDBDC0 , and you can earn $30 when you buy CAD $100 of Bitcoin / ETH. 

BTW, If anyone wants to leave his/her Shakepay referral link below, please use the following format ONLY: "My Shakepay referral link is: ******." Other format will be deleted. Thanks. Note: Because it contains link, we need to approve referral comments one by one. So, please be patient...

How to get free ZEN

Updated on Jan 22, 2020: Link your social media accounts (such as Facebook/Twitter/Linkedin) and you can receive free multipliers up to 2.2X!

Horizen is building a technology platform with optional privacy features that aims to enable an application-rich and inclusive ecosystem to provide people with freedom and everyday usability. Launched in May 2017, the leading-edge platform enables real-life uses beyond its cryptocurrency - ZEN, including the ability to deploy sidechains and integrate third party technologies.

We introduced how to buy bitcoin and other cryptocurrencies in Canada before: https://www.canadianrewards.net/2017/12/how-to-buy-bitcoin-in-canada.html. Today, we want to show you how to get free ZEN everyday. Also, if you know nothing about Bitcoin, this could be a good chance for you to learn some basic knowledge of cryptocurrencies and exchanges.