HOW TO BUY

BITCOIN IN

CANADA

2

Presented by: Smart Bitcoin Investments

We Want To Teach The World How To Invest In Cryptocurrency

Author: Jeffrey Ito

www.smartbitcoininvestments.com

2021 Lithium Gold Ventures, LLC

All Rights Reserved.

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Table Of Contents

Table Of Contents 3

How To Buy And Sell Bitcoin In Canada 5 How And Where Can Bitcoin Be Purchased In Canada? 5 1. Buying Bitcoin Directly From A Crypto Broker 5 2. Buying Bitcoin Directly From An Online Trading Platform 6

Wealth Simple Crypto 6 CoinSmart 7 National Digital Asset Exchange (NDAX) 7

3. Buying Bitcoin From A Cryptocurrency Exchange 8 4. Buying Bitcoin At A Bitcoin ATM 8 5. Buying Bitcoin Through Peer-To-Peer (P2P) Or Over-The-Counter (OTC) 9

Over-The-Counter 9 In Conclusion 9

Alberta 10 Cities In Alberta 11

British Columbia 12 Cities In British Columbia 13

Manitoba 15 Cities In Manitoba 16

New Brunswick 17 Cities In New Brunswick 18

Newfoundland and Labrador 19 Cities In Newfoundland and Labrador 20

Northwest Territories 21

Nova Scotia 22 Cities In Nova Scotia 23

Nunavut 24

Ontario 25 Cities In Ontario 26

4

Prince Edward Island 28 Cities In Prince Edward Island 29

Quebec 30 Cities In Quebec 31

Saskatchewan 32 Cities In Saskatchewan 33

Yukon 34

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How To Buy And Sell Bitcoin In Canada A well-known cryptocurrency around the world is Bitcoin. It is one of the strong rivals of fiat money. Fiat money, like the Canadian dollar, is used for day-to-day transactions such as buying and selling. It has no intrinsic value other than the fact that the government legalizes it. Apart from Bitcoin, other cryptos similar to fiat currencies and legally accepted are Litecoin, XRP, Ethereum, Bitcoin Cash (BCH), and Binance Coin (BNB), and so on. The intrinsic value of these coins is linked to their worth.

How And Where Can Bitcoin Be Purchased In Canada? There are many ways in which Bitcoin can be purchased in Canada. Some of the ways are:

● Buying Bitcoin directly from a crypto Broker ● Buying Bitcoin directly from an online trading platform ● Buying Bitcoin from a cryptocurrency exchange ● Buying Bitcoin at a Bitcoin ATM ● Buying Bitcoin through peer-to-peer (P2P) or Over-the-Counter (OTC)

1. Buying Bitcoin Directly From A Crypto Broker An example of buying Bitcoin directly from a crypto Broker in Canada is Coinbase Coinbase is a well-known crypto brokerage platform located in the United States and 102 countries, including Canada. Most Bitcoin and other coins are kept in a cold storage wallet, which helps secure the wallet's coins. Funding can be done by credit/debit cards, wire transfer, direct bank account, and other cryptos. Some of the features of Coinbase are:

● Low exchange fees ● Charting tools ● Advanced options

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2. Buying Bitcoin Directly From An Online Trading Platform Here are some of the best online trading platforms where Bitcoin can directly be purchased in Canada.

Wealth Simple Crypto Wealth simple crypto is the first authorized trading platform in Canada. The trading platform was legally authorized by the Canadian Securities Administrators (CSA). Wealth simple crypto is a simple ad safe platform to directly buy and sell Bitcoin and other cryptos such as Ethereum (ETH). The user experience (UX) is specially optimized for new users trading crypto for the first time. You will be able to trade crypto through the wealth simple crypto application after registering and signing up for a wealth simple account. Wealth simple crypto platform performs similar functions as a broker. This platform connects you to a market maker who offers a considerable price every time you place an order to buy or sell Bitcoin. Your Bitcoin is then held by a Gemini, also known as a Regulated Custodian, which stores your Bitcoin in a secure place. Is wealth simple crypto secure? Generally, trading any crypto is very risky. The Wealth simple platform crypto platform is well-known as a restricted dealer in Canada except Quebec, where it is known as a derivative dealer. Thus, wealth simple is a secure trading platform. Some of the advantages of using wealth simple crypto are:

● You can easily and quickly create an account within a few minutes ● There are no account limits ● No extra transaction fee is required ● The owners of wealth simple crypto are reputable and reliable ● The application for this platform provides instant exchanges

How to open an account with wealth simple crypto platform in Canada:

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1. At first, you must not be less than 18 years old before you can be eligible to open an account. You also need to be a citizen or resident of Canada.

2. If you are just a new user, you need to confirm your ID with FINTRAC requirements.

CoinSmart CoinSmart is a crypto trading platform that mainly provides crypto coins to the citizens of Canada. This platform is located in Toronto, Canada, and is one of the cryptocurrency platforms that allow Bitcoin to be purchased and sold with a credit/debit card. Is CoinSmart Secure? CoinSmart is one of the well-known platforms that use 2FA to protect the account of all users. A higher percentage of Bitcoins on the platform are stored in cold storage wallets. Thus, coin-smart is a secure trading platform. Some of the advantages of CoinSmart are:

● Verification of new users is speedy ● It allows funding with credit/debit card ● It offers Bitcoin and ten other coins.

National Digital Asset Exchange (NDAX) NDAX is well-known as a platform that provides an exchange platform that is easy to trade crypto in Canada. It also offers a low transaction fee for crypto in Canada. NDAX is readily available on all devices, and all traders can use its charting tools to track all developments. Is NDAX secure? Just like coin-smart, NDAX also utilizes 2FA (2-Factor Authentication) to secure all accounts. Most of the coins are kept in cold storage wallets. Several authorized signatories are needed to transfer funds from the cold storage wallets. Thus, NDAX is a secure trading platform. Some of the advantages of NDAX are:

● It offers fast identity verification ● It has a low trading fee ● Their customer support is available 24/7

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● There is easy access to trading tools

3. Buying Bitcoin From A Cryptocurrency Exchange An example of buying Bitcoin from a cryptocurrency exchange is BITBUY. BITBUY is one of the high-ranking crypto trades in Canada. It offers the buying and selling of Bitcoin and some other coins in Canada. It has a special app that is available on iOS and android. You can also get a $20 bonus when you create an account and deposit a total amount of $250 and above. Is BITBUY secure? Just like NDAX and Coin Smart, BITBUY uses 2FA and SSL-Encryption to protect all accounts. BIT-BUY is also linked to FINTRAC as a money business, and most of its Bitcoins are stored in cold storage wallets. Thus, BITBUY is also a secure trading platform. Some of the advantages of using BITBUY are:

● It offers fast and instant verification when signing-up ● It provides several coins storage ● It offers several trading platforms such as advanced trading tools and mobile.

4. Buying Bitcoin At A Bitcoin ATM Bitcoin ATM is a vending machine, which serves the purpose of buying and selling cryptocurrency. This machine operates as a place where Bitcoin can easily be purchased. To use a Bitcoin ATM, you need to acquire a Bitcoin address that serves as a location where your Bitcoin will be sent to. There are currently 890 Bitcoin ATMs in Canada. The transaction fees charged by Bitcoin ATMs are relatively higher than the fees charged on an exchange.

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5. Buying Bitcoin Through Peer-To-Peer (P2P) Or Over-The-Counter (OTC) A peer-to-peer Bitcoin uses an order book to match buyers and sellers. To buy Bitcoin from the P2P platform, Buyers need to input their exchange preferences such as the method of payment, location, fiat currency, and so on, and then check through a lot of available offers. Each offer varies concerning payment methods, the limit of the offer, prices, and so on. It depends on the choice of the buyer when choosing the most suitable recommendation. After the buyer accepts the offer and then sends the payment, the seller will check and confirm it. After the confirmation of payment, the seller will send the Bitcoin from escrow. Some of the advantages of P2P are:

● It offers several methods of payment ● It has a low transaction fee ● It is cost-efficient ● It does not require the linkage of bank accounts to the P2P account of users ● It has a robust security protocol.

Over-The-Counter OTC is based on brokers who transact directly with both buyers and sellers. To trade on OTC, you need first to get an OTC broker and let them know you want to buy or sell Bitcoin. After getting a qualified broker, the next thing to do is negotiate the price for the number of coins you want to buy. After the buyer has made payment, the seller will then transfer the total amount of the coin to the buyer's account.

In Conclusion Bitcoin is generally legalized in Canada, and it is also easy to buy and sell Bitcoin from different Bitcoin trading platforms. Canada is a well-known country that does not use only Fiat currency for their day to day activity. Most of the Brokers and ATMs accepting Bitcoin are established in populated locations.

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Alberta

Province Alberta

Abbreviation AB

Capital Edmonton

Total Number of Bitcoin ATMs

214

Webpage https://www.smartbitcoininvestments.com/buy-bitcoin-in-alberta/

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Cities In Alberta

City Page # of Bitcoin ATMs

Banff https://www.smartbitcoininvestments.com/buy-bitcoin-in-banff/ 1

Calgary https://www.smartbitcoininvestments.com/buy-bitcoin-in-calgary-alberta/ 107

Didsbury https://www.smartbitcoininvestments.com/buy-bitcoin-in-didsbury/ 1

Edmonton https://www.smartbitcoininvestments.com/buy-bitcoin-in-edmonton-alberta/ 86

Fort McMurray

https://www.smartbitcoininvestments.com/buy-bitcoin-in-fort-mcmurray-alberta/ 2

Fort McMurray https://www.smartbitcoininvestments.com/buy-bitcoin-in-fort-mcmurray/ 2

Grande Prairie

https://www.smartbitcoininvestments.com/buy-bitcoin-in-grande-prairie-alberta/ 3

Lethbridge https://www.smartbitcoininvestments.com/buy-bitcoin-in-lethbridge-alberta/ 5

Medicine Hat https://www.smartbitcoininvestments.com/buy-bitcoin-in-medicine-hat-alberta/ 3

Red Deer https://www.smartbitcoininvestments.com/buy-bitcoin-in-red-deer-alberta/ 1

Sherwood Park https://www.smartbitcoininvestments.com/buy-bitcoin-in-sherwood-park/ 1

St. Albert https://www.smartbitcoininvestments.com/buy-bitcoin-in-st-albert-alberta/ 0

Vermilion https://www.smartbitcoininvestments.com/buy-bitcoin-in-vermilion/ 2

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British Columbia

Province British Columbia

Abbreviation BC

Capital Victoria

Total Number of Bitcoin ATMs

199

Webpage https://www.smartbitcoininvestments.com/buy-bitcoin-in-british-columbia/

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Cities In British Columbia

City Page # of Bitcoin ATMs

Abbotsford https://www.smartbitcoininvestments.com/buy-bitcoin-in-abbotsford-british-columbia/ 1

Anmore https://www.smartbitcoininvestments.com/buy-bitcoin-in-anmore-british-columbia/ 0

Burnaby https://www.smartbitcoininvestments.com/buy-bitcoin-in-burnaby-british-columbia/ 0

Chilliwack https://www.smartbitcoininvestments.com/buy-bitcoin-in-chilliwack-british-columbia/ 1

Coquitlam https://www.smartbitcoininvestments.com/buy-bitcoin-in-coquitlam-british-columbia/ 1

Dawson Creek https://www.smartbitcoininvestments.com/buy-bitcoin-in-dawson-creek/ 1

Delta https://www.smartbitcoininvestments.com/buy-bitcoin-in-delta-british-columbia/ 0

Duncan https://www.smartbitcoininvestments.com/buy-bitcoin-in-duncan/ 1

Kamloops https://www.smartbitcoininvestments.com/buy-bitcoin-in-kamloops-british-columbia/ 6

Kelowna https://www.smartbitcoininvestments.com/buy-bitcoin-in-kelowna-british-columbia/ 18

Kitimat https://www.smartbitcoininvestments.com/buy-bitcoin-in-kitimat/ 1

Maple Ridge https://www.smartbitcoininvestments.com/buy-bitcoin-in-maple-ridge-british-columbia/ 0

Nanaimo https://www.smartbitcoininvestments.com/buy-bitcoin-in-nanaimo-british-columbia/ 10

Nelson https://www.smartbitcoininvestments.com/buy-bitcoin-in-nelson/ 1

New Westminster

https://www.smartbitcoininvestments.com/buy-bitcoin-in-new-westminster-british-columbia/ 1

Port Coquitlam https://www.smartbitcoininvestments.com/buy-bitcoin-in-port-coquitlam/ 1

Prince George

https://www.smartbitcoininvestments.com/buy-bitcoin-in-prince-george-british-columbia/ 4

Prince Rupert https://www.smartbitcoininvestments.com/buy-bitcoin-in-prince-rupert/ 1

Quesnel https://www.smartbitcoininvestments.com/buy-bitcoin-in-quesnel/ 1

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Richmond https://www.smartbitcoininvestments.com/buy-bitcoin-in-richmond-british-columbia/ 1

Salmon Arm https://www.smartbitcoininvestments.com/buy-bitcoin-in-salmon-arm/ 1

Smithers https://www.smartbitcoininvestments.com/buy-bitcoin-in-smithers/ 1

Surrey https://www.smartbitcoininvestments.com/buy-bitcoin-in-surrey-british-columbia/ 3

Trail https://www.smartbitcoininvestments.com/buy-bitcoin-in-trail/ 1

Vancouver https://www.smartbitcoininvestments.com/buy-bitcoin-in-vancouver-british-columbia/ 128

Vernon https://www.smartbitcoininvestments.com/buy-bitcoin-in-vernon/ 1

Victoria https://www.smartbitcoininvestments.com/buy-bitcoin-in-victoria-british-columbia/ 12

Whistler https://www.smartbitcoininvestments.com/buy-bitcoin-in-whistler/ 1

Williams Lake https://www.smartbitcoininvestments.com/buy-bitcoin-in-williams-lake/ 1

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Manitoba

Province Manitoba

Abbreviation MB

Capital Winnipeg

Total Number of Bitcoin ATMs

68

Webpage https://www.smartbitcoininvestments.com/buy-bitcoin-in-manitoba/

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Cities In Manitoba

City Page # of Bitcoin ATMs

Brandon https://www.smartbitcoininvestments.com/buy-bitcoin-in-brandon-manitoba/ 6

Winnipeg https://www.smartbitcoininvestments.com/buy-bitcoin-in-winnipeg-manitoba/ 62

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New Brunswick

Province New Brunswick

Abbreviation NB

Capital Fredericton

Total Number of Bitcoin ATMs

6

Webpage https://www.smartbitcoininvestments.com/buy-bitcoin-in-new-brunswick/

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Cities In New Brunswick

City Page # of Bitcoin ATMs

Fredericton https://www.smartbitcoininvestments.com/buy-bitcoin-in-fredericton-new-brunswick/ 2

Moncton https://www.smartbitcoininvestments.com/buy-bitcoin-in-moncton-new-brunswick/ 2

Saint John https://www.smartbitcoininvestments.com/buy-bitcoin-in-saint-john-new-brunswick/ 2

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Newfoundland and Labrador

Province Newfoundland and Labrador

Abbreviation NL

Capital Fredericton

Total Number of Bitcoin ATMs

4

Webpage https://www.smartbitcoininvestments.com/buy-bitcoin-in-newfoundland-and-labrador/

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Cities In Newfoundland and Labrador

City Page # of Bitcoin ATMs

St. Johns https://www.smartbitcoininvestments.com/buy-bitcoin-in-st-johns-newfoundland-and-labrador/ 4

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Northwest Territories

Province Northwest Territories

Abbreviation NT

Capital Yellowknife

Total Number of Bitcoin ATMs

0

Webpage https://www.smartbitcoininvestments.com/buy-bitcoin-in-northwest-territories/

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Nova Scotia

Province Nova Scotia

Abbreviation NS

Capital Halifax

Total Number of Bitcoin ATMs

16

Webpage https://www.smartbitcoininvestments.com/buy-bitcoin-in-nova-scotia/

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Cities In Nova Scotia

City Page # of Bitcoin ATMs

Dartmouth https://www.smartbitcoininvestments.com/buy-bitcoin-in-dartmouth-nova-scotia/ 6

Halifax https://www.smartbitcoininvestments.com/buy-bitcoin-in-halifax-nova-scotia/ 9

Sydney https://www.smartbitcoininvestments.com/buy-bitcoin-in-sydney-nova-scotia/ 0

Truro https://www.smartbitcoininvestments.com/buy-bitcoin-in-truro/ 1

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Nunavut

Province Nunavut

Abbreviation NU

Capital Iqaluit

Total Number of Bitcoin ATMs

0

Webpage https://www.smartbitcoininvestments.com/buy-bitcoin-in-nunavut/

25

Ontario

Province Ontario

Abbreviation ON

Capital Toronto

Total Number of Bitcoin ATMs

508

Webpage https://www.smartbitcoininvestments.com/buy-bitcoin-in-ontario/

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Cities In Ontario

City Page # of Bitcoin ATMs

Ajax https://www.smartbitcoininvestments.com/buy-bitcoin-in-ajax-ontario/ 0

Barrie https://www.smartbitcoininvestments.com/buy-bitcoin-in-barrie-ontario/ 1

Belleville https://www.smartbitcoininvestments.com/buy-bitcoin-in-belleville-ontario/ 1

Brampton https://www.smartbitcoininvestments.com/buy-bitcoin-in-brampton-ontario/ 2

Brantford https://www.smartbitcoininvestments.com/buy-bitcoin-in-brantford-ontario/ 0

Burlington https://www.smartbitcoininvestments.com/buy-bitcoin-in-burlington-ontario/ 1

Cambridge https://www.smartbitcoininvestments.com/buy-bitcoin-in-cambridge-ontario/ 0

Chatham-Kent https://www.smartbitcoininvestments.com/buy-bitcoin-in-chatham-kent/ 4

Greater Sudbury

https://www.smartbitcoininvestments.com/buy-bitcoin-in-greater-sudbury-ontario/ 4

Guelph https://www.smartbitcoininvestments.com/buy-bitcoin-in-guelph-ontario/ 1

Hamilton https://www.smartbitcoininvestments.com/buy-bitcoin-in-hamilton-ontario/ 6

Kingston https://www.smartbitcoininvestments.com/buy-bitcoin-in-kingston-ontario/ 3

Kitchener https://www.smartbitcoininvestments.com/buy-bitcoin-in-kitchener-ontario/ 1

London https://www.smartbitcoininvestments.com/buy-bitcoin-in-london-ontario/ 19

Longueuil https://www.smartbitcoininvestments.com/buy-bitcoin-in-longueuil-ontario/ 0

Markham https://www.smartbitcoininvestments.com/buy-bitcoin-in-markham-ontario/ 0

Milton https://www.smartbitcoininvestments.com/buy-bitcoin-in-milton-ontario/ 0

Mississauga https://www.smartbitcoininvestments.com/buy-bitcoin-in-mississauga-ontario/ 1

Newmarket https://www.smartbitcoininvestments.com/buy-bitcoin-in-newmarket-ontario/ 1

Niagara Falls https://www.smartbitcoininvestments.com/buy-bitcoin-in-niagara-falls-on 2

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tario/

North Bay https://www.smartbitcoininvestments.com/buy-bitcoin-in-north-bay/ 1

Oakville https://www.smartbitcoininvestments.com/buy-bitcoin-in-oakville-ontario/ 0

Orillia https://www.smartbitcoininvestments.com/buy-bitcoin-in-orillia/ 1

Oshawa https://www.smartbitcoininvestments.com/buy-bitcoin-in-oshawa-ontario/ 0

Ottawa https://www.smartbitcoininvestments.com/buy-bitcoin-in-ottawa-ontario/ 75

Petersborough https://www.smartbitcoininvestments.com/buy-bitcoin-in-petersborough-ontario/ 5

Pickering https://www.smartbitcoininvestments.com/buy-bitcoin-in-pickering-ontario/ 0

Richmond Hill https://www.smartbitcoininvestments.com/buy-bitcoin-in-richmond-hill-ontario/ 0

Sarnia https://www.smartbitcoininvestments.com/buy-bitcoin-in-sarnia-ontario/ 3

Sault Ste. Marie https://www.smartbitcoininvestments.com/buy-bitcoin-in-sault-ste-marie-ontario/ 1

St. Catharines https://www.smartbitcoininvestments.com/buy-bitcoin-in-st-catharines-ontario/ 0

Sudbury https://www.smartbitcoininvestments.com/buy-bitcoin-in-sudbury/ 6

Terrebonne https://www.smartbitcoininvestments.com/buy-bitcoin-in-terrebonne-ontario/ 0

Thunder Bay https://www.smartbitcoininvestments.com/buy-bitcoin-in-thunder-bay-ontario/ 3

Toronto https://www.smartbitcoininvestments.com/buy-bitcoin-in-toronto-ontario/ 355

Vaughan https://www.smartbitcoininvestments.com/buy-bitcoin-in-vaughan-ontario/ 0

Waterloo https://www.smartbitcoininvestments.com/buy-bitcoin-in-waterloo-ontario/ 0

Welland https://www.smartbitcoininvestments.com/buy-bitcoin-in-welland/ 1

Windsor https://www.smartbitcoininvestments.com/buy-bitcoin-in-windsor-ontario/ 9

Woodstock https://www.smartbitcoininvestments.com/buy-bitcoin-in-woodstock/ 1

28

Prince Edward Island

Province Prince Edward Island

Abbreviation PE

Capital Charlottetown

Total Number of Bitcoin ATMs

1

Webpage https://www.smartbitcoininvestments.com/buy-bitcoin-in-prince-edward-island/

29

Cities In Prince Edward Island

City Page # of Bitcoin ATMs

Charlottetown https://www.smartbitcoininvestments.com/buy-bitcoin-in-charlottetown-prince-edward-island/ 1

30

Quebec

Province Quebec

Abbreviation QC

Capital Quebec City

Total Number of Bitcoin ATMs

133

Webpage https://www.smartbitcoininvestments.com/buy-bitcoin-in-quebec/

31

Cities In Quebec

City Page # of Bitcoin ATMs

Chicoutimi https://www.smartbitcoininvestments.com/buy-bitcoin-in-chicoutimi/ 1

Drummondville https://www.smartbitcoininvestments.com/buy-bitcoin-in-drummondville-quebec/ 0

Gatineau https://www.smartbitcoininvestments.com/buy-bitcoin-in-gatineau-quebec/ 1

Granby https://www.smartbitcoininvestments.com/buy-bitcoin-in-granby-quebec/ 0

Laval https://www.smartbitcoininvestments.com/buy-bitcoin-in-laval-quebec/ 0

Lévis https://www.smartbitcoininvestments.com/buy-bitcoin-in-levis-quebec/ 0

Montreal https://www.smartbitcoininvestments.com/buy-bitcoin-in-montreal-quebec/ 117

Quebec City https://www.smartbitcoininvestments.com/buy-bitcoin-in-quebec-city-quebec/ 11

Repentigny https://www.smartbitcoininvestments.com/buy-bitcoin-in-repentigny-quebec/ 0

Saguenay https://www.smartbitcoininvestments.com/buy-bitcoin-in-saguenay-ontario/ 0

Saint-Jean-sur-Richelieu

https://www.smartbitcoininvestments.com/buy-bitcoin-in-saint-jean-sur-richelieu-quebec/ 0

Saint-Jérôme https://www.smartbitcoininvestments.com/buy-bitcoin-in-saint-jerome-quebec/ 0

Sherbrooke https://www.smartbitcoininvestments.com/buy-bitcoin-in-sherbrooke-quebec/ 0

Trois-Rivières https://www.smartbitcoininvestments.com/buy-bitcoin-in-trois-rivieres-quebec/ 2

Victoriaville https://www.smartbitcoininvestments.com/buy-bitcoin-in-victoriaville/ 1

32

Saskatchewan

Province Saskatchewan

Abbreviation SK

Capital Regina

Total Number of Bitcoin ATMs

46

Webpage https://www.smartbitcoininvestments.com/buy-bitcoin-in-saskatchewan/

33

Cities In Saskatchewan

City Page # of Bitcoin ATMs

Prince Albert https://www.smartbitcoininvestments.com/buy-bitcoin-in-prince-albert/ 2

Regina https://www.smartbitcoininvestments.com/buy-bitcoin-in-regina-saskatchewan/ 24

Saskatoon https://www.smartbitcoininvestments.com/buy-bitcoin-in-saskatoon-saskatchewan/ 18

Swift Current https://www.smartbitcoininvestments.com/buy-bitcoin-in-swift-current/ 1

Yorkton https://www.smartbitcoininvestments.com/buy-bitcoin-in-yorkton/ 1

34

Yukon

Province Yukon

Abbreviation YT

Capital Whitehorse

Total Number of Bitcoin ATMs

0

Webpage https://www.smartbitcoininvestments.com/buy-bitcoin-in-yukon/