We have many readers from Canada and this is great! This is why we decided to post this article talking about the best ways to buy bitcoin in canada, so you can buy your cryptocurrency in a safe way.

How to Buy Bitcoin in Canada

The best website in my opinion is this one (click here). There are many reasons why we picked this website, but the main points are:

• This website is very good to buy bitcoin in Canada
• They support many payment methods, including paypal, moneygram, cash deposit, payoneer, interac, and many other payment methos as you can see below:

This website is the best way to buy Bitcoin in Canada and it supports many payment methods. Click to enlarge.

• It's very fast: you can buy your bitcoins and receive them very quickly.
• It's very popular: you will find many people that want to sell bitcoins in Canada and use this website.
• You can check the trader's reputation before buying / selling bitcoins

This website is very straightforward and very easy to use. First click here and create your account if you don't have one yet. After that, confirm your e-mail and you can proceed and login into your account.

When you first enter this website, maybe your country will not be auto-selected so first you will have to choose the country and the currency you want to use to buy bitcoin. Then choose the payment method you want to use and press search.

But it's very important to pay attention to the website you are entering, because there are fake websites so make sure to click the link in this article, otherwise you can end up in a fake website that could steal your cryptocurrency.

Important:
Before buying bitcoin, always check the feedback rating for the traders and also the amount of trades done by them. If you want to buy very fast, try to pick a trader with a green circle by his name, because it means he answers quickly so you will be able to buy or sell faster.

But is Bitcoin Legal in Canada?

Yes, Bitcoin is considered legal in Canada by the moment we are posting this article. Canadian residents are allowed to buy, sell and trade Bitcoins. But it's important to remember that tax rules do apply to digital currency transactions and Bitcoins are subject to the Income Tax Act.

This video explains very well how to buy bitcoin in Canada, I highly recommend watching it:

Stay tuned if you want to learn more about how to Buy Cryptocurrency in Canada because we will be posting more articles about it, so you can also buy Altcoins easily.

I hope this article about buying bitcoin in Canada was useful for you! Don't forget to bookmark our website so you don't miss our next articles about cryptocurrency. See you next time!