Where To Buy Bitcoin In Canada: Shakepay
When learning about Bitcoin, the first question often asked is: Where can I get some?
In Canada there are many options to buy BTC through what are known as "online exchanges". You can think of it as a currency exchange where you would normally exchange Canadian dollars for another global currency like USD or Mexican Pesos. They are effectively the same thing, except you are able to exchange dollars for Bitcoin - a purely digital online currency.
Buying Bitcoin Easily With Shakepay
Shakepay is a Canadian exchange that allows Canadians to easily set up an online account, fund this account with Canadian dollars from their bank account, then exchange dollars for Bitcoin. You can leave your Bitcoin with Shakepay (effectively using it as a Bitcoin bank) or you can withdraw your Bitcoin to a personally held Bitcoin wallet on your phone or computer.
This tutorial video I've put together goes through all of the aforementioned steps, including withdrawing coins to your own custody if you choose to do so. Once you've tried out Coinberry and are looking for more educational resources on how to buy/sell/use and secure Bitcoin in Canada, be sure to check out my all encompassing Bitcoin beginner's guide.
Step by step tutorial video:
Suggested Personal Wallets:
Blue Wallet Tutorial
Blockstream Wallet Tutorial
Ledger Wallet Tutorial
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