How to buy bitcoin in canada instantly

Use the Flexepin Location Finder to find a location to purchase a voucher with cash or buy online with Topmeup. Enter your Flexepin Voucher Pin below to start the buying process. We are pleased to facilitate In-Person Payments now available at Canada Post, with over 6, locations across Canada! From the fantastic surf in Tofino, BC to the historic depths of Newfoundland, this service is available to you.

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These transfers typically take business days and your rate is locked in as soon as we initiate the transfer. We then send the funds as soon as we get them from your bank. If you are out of town, do not live nearby or simply fed up with all the other jokers in the industry please start the process below by entering your desired amount of CAD or BTC. Credit Cards are the main source of online fraud and scams. A credit card transaction can be reversed up to 90 days after the purchase was complete.

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While most crypto exchanges are only around 5 years old at this point, Coinberry is still relatively new on the market, even for those standards. The company was founded by Evan Kuhn and Andrei Poliakov less than three years ago. Poliakov has served as the company's president since its inception.

From the get-go, as Khun said to Todd Shapiro on his podcast in , their main mission was to make cryptocurrencies more available to Canadian citizens. They started with their local area first. Originally, the company only set up ATMs around Ontario, but they expanded in a matter of months.

In December of , just a short few months after they got their start, the company partnered with Ghost Technologies Inc and started installing ATMs outside of Ontario. At Coinberry we believe in an inclusive blockchain-based economy. So we set out to build a global digital financial institution of the future. And we started with the most important step: building a trusted digital asset trading platform. Seeing how the company is still pretty new, it shouldn't come as a huge surprise that they don't have great crypto-asset coverage At the momen.

As of writing, they only support buying and selling of:. This may be a bit underwhelming for long-time crypto users that are accustomed to more than a 5-coin offering. The team is planning to introduce more currencies down the line, but for now, these are all they have. One of the best aspects of Coinberry is possibly fantastic fees, to say the least. The company markets itself as a zero-fee service and wouldn't you know it, they actually stay true to their promises.

These are the Coinberry. You'd be glad to hear that unlike most crypto exchanges online, Coinberry does have an active hotline. They do a bulk of their customer service over the phone, and if you have an emergency on your hand, this is the best and the quickest way to reach out to them.

Of course, they also have email support, so you can shoot them a question any time and they'll answer within 24 hours. Tier site has a Frequently Asked Questions section, as well as a company blog, so if you have some basic questions about their services, you can possibly find them there. Overall, we can safely say that Coinberry. Some crypto users would argue that's it a bit too secure since it requires all of their users to identify themselves before they register an account.

Every user is required to verify their identity before creating an account. This can be accomplished by scanning and uploading one of your several personal documents. This can be a huge turn off for some, so keep it in mind. There are only two Bitcoin exchanges that comply with these rules, and Coinberry is one of them. They've also completed an accounting audit successfully last year.

Since Coinberry is trying to function as a proper money service, they have higher security standards than most Bitcoin exchanges not only in Canada but in the whole of North America. They have both a customer and a company fund for fiat currencies, plus they provide cold storage and 2-factor authentication as well. Since many people like to cut the chase and only see the positive and negative aspects of a crypto exchange, here we are. We've compiled a shortlist of Coinberry pros and cons you can use it when comparing it to other crypto exchanges. Coinberry is a serious company that runs a good, beginner-friendly operation.

You should definitely try their platform out if you're from Canada. On the other hand, you should possibly look for something else if you're living outside of the Great White North. Although not many people have heard of Bitbuy, they're definitely worth your time and consideration. The company was originally founded seven years ago by Adam Goldman and Ademar Gonzalez. They are one of the oldest crypto exchanges in Canada, so you know you can trust them.

For almost five years, they worked with only a small number of users, but then, they decided to expand their operations. In , after the company receives additional funding from a PEF, Ademar left the board. He was soon replaced by Chris Ragobeer , who worked as a mobile developer and an IT project manager.

It's also worth mentioning that the company is a part of the First Ledger Corp. As a company, Bitbuy is fully transparent about their operations and actions. So much so that they've provided a link to a report about their operations, conducted by Cipher Blade. The aforementioned company provides blockchain forensics services and analyzes crypto-related business and here are their biggest findings of Bitbuy:.

Fiat Currency Holdings: Bank reports were recovered, checked, and verified by international banks. The statements were all correctly filled in the Bitbuy system. Cryptocurrency Holdings: The number of assets and coin holders matched the one Bitbuy reported. Customer assets match those in Bitbuy's system. Staff and Operators: Every worker in the company had their personal records checked. The company discovered that none of them had any criminal activities on their records.

Like many other medium-size exchanges in the industry, Bitbuy. They will probably expand their offering in the near future, but for now, these five coins are it.

The small offering gives you an insight into what's Bitbuy. You can always connect your Bitbuy account with another exchange and use it to buy other coins. Although Bitbuy fees are slightly above the market average, the company makes up for with lower withdrawal and deposit fees.

When it's all added up, the fees are quite average. Let's take a look at the standard Bitbuy. Furthermore, if you're looking to combine express trade with e-transfer, the exchange rate is 2. You can check their fees in more detail by visiting this page here. When it comes to customer support, Bitbuy operatives are surprisingly efficient. While many larger and well-known names in the crypto industry will have you waiting for hours and hours for a response to a simple inquiry, Bitbuy answers almost immediately.

This shows that they value their customers and want to take care of them to the best of their abilities. Before getting started, there are a few things to consider when you plan on buying your Bitcoin in Canada. These are important in helping you both choose the correct time, and the correct service to make your Bitcoin purchase. Market Position: This is a huge factor of course when you invest in any asset.

Perhaps, even more, the case when you are buying Bitcoin. It is subject to more pronounced price movements than investing in stocks for example. In that case, you want to be fully aware of the market price at the time you are buying. Trading Fees or Limits: These can vary from extremely competitive to very high depending on the service you choose to buy your Bitcoin through. Always be sure to check for all fee and charges before making a purchase. Service Reputation: While all of the services we have chosen are some of the most trustworthy around, you should be aware that not every Bitcoin sales platform is as reputable.

You can reduce your risk here by making sure you perform some due diligence. Coinberry is making it easy to access Bitcoin in Canada with no fuss and buy or sell the asset quickly through their easy to use platform. They have been around since and have a number of highly-trusted partnerships that set them up with a solid reputation for cryptocurrency. You can have your account open and KYC verified here in no time at all and Coinberry also ensures the best value environment possible for buying or trading your Bitcoin and the other supported assets.

With no deposit or withdrawal fees, and a 0. You should note though that as a market maker, they will apply a spread to the asset. Overall they provide a secure, super-convenient, and well-trusted service with competitively low costs. As an added bonus and unique feature, you also have the ability to short Bitcoin through Coinberry if this is a strategy that interests you. To learn more you can head over to Coinberry and start trading right now. Wealthsimple is a Canadian-based finance technology company that has been offering more traditional trading services since They offer commission-free stock trading and an auto trading robo-advisor service and have recently launched their dedicated crypto service.

This is currently only available in Canada and provides the opportunity for you to buy and sell Bitcoin or Ethereum around the clock through their extremely easy to navigate mobile app for iOS and Android. Wealthsimple also ensures the registration process is fast, taking only a few minutes, and that the service remains accessible to everyone with no account minimums required. This provides a great opportunity then to get involved at the beginning of an exciting, new, and great value offering when buying Bitcoin in Canada.