Try our simple calculator to get real-time pricing for Bitcoin.
BTC
$0.00
CAD
You can buy Bitcoin on a cryptocurrency trading platform or exchange and at a Bitcoin ATM. Individuals can also receive Bitcoins from other members on the Bitcoin network. If you are a trader, you can also get Bitcoin exposure through a series of financial products. These include futures, options and Bitcoin trusts and ETFs.
Bitcoin can also be wrapped into a token for use in select DeFi projects.
Storing your Bitcoin can be done through a variety of wallet products.
Register
Start an account using all of your information
Add funds
You can add funds in several ways, including Interac e-transfer
Start trading
Once the funds are confirmed, open your trading screen and get started!
Get Started
Create An Account
What is Bitcoin?
Bitcoin is the first successful modern cryptocurrency. It is referred to as a store of value, digital gold, a currency and a financial revolution. Bitcoin was founded in 2009 with the release of a white paper. The founder, Satoshi Nakamoto, appears to be a pseudonym for a secretive individual or group. The true identity of Satoshi remains a mystery.
Bitcoin is a peer-to-peer, decentralized payment and clearing system driven by a software program. Bitcoin includes a native token called a Bitcoin, a ledger to track every Bitcoin over time and a reward system for clearing transactions and securing the network.
Bitcoin is an interaction between individuals, miners and the software across the world. Bitcoin started what is now a trillion-plus dollar industry that spans payments, DeFi, DEXs, smart contracts and numerous other decentralized concepts.
Founded
In 2009 by Satoshi Nakamoto
Coin Limit
21 million
Purpose
Cryptocurrency, payments, store of value
Decentralized
Bitcoin is a peer-to-peer, decentralized payment and clearing system driven by a software program
Finite Amount
Bitcoins are created and distributed by their software program as a reward; this reward offsets the expenditure of energy and computer power to secure the network.
High ROI Potential
Rewards are reduced by half every 210,000 blocks, or approximately every 4 years. The latest halving was in May 2020, and the current reward is 6.25 Bitcoins.
Why Purchase Bitcoin?
Bitcoin has become a buzzword in the world of investment. This cryptocurrency was launched in 2009 and has since grown in popularity due to its unique features. One of the most attractive elements of Bitcoin is its decentralized nature. Unlike traditional currencies, Bitcoin is not controlled by any government or financial institution.
Another great feature of Bitcoin is its low transaction fees, making it much cheaper than other payment options. But perhaps the biggest reason why Bitcoin is so popular among traders is its potential for high returns. With its volatile nature, Bitcoin's value can skyrocket in a short time, making it an exciting and potentially profitable investment option. It's no wonder why so many investors are looking to get in on the Bitcoin craze.
How Does it Work?
Bitcoins are initially created and distributed by the software as a reward to miners. The reward offsets the expenditure of energy and computer power to secure the network. Bitcoin miners secure the network and compete to create blocks with transactions. This is called proof-of-work consensus.
Rewards are reduced by half every 210,000 blocks or approximately every 4 years. The latest halving was in May 2020, and the current reward is 6.25 Bitcoins.
Bitcoin was the first to demonstrate the efficacy of a fully operational decentralized international cryptocurrency system. One that is difficult for the government to control or shut down.
Invest
Explore the possibilities of this innovative currency now and into the future by investing in Bitcoin!
Store
Unlike traditional currencies, you can store Bitcoin as you please, and keep it as an asset for future opportunities!
Purchase
Buy, sell, or trade Bitcoin how you want, when you want - it can be owned or traded by anyone, giving users flexibility with their investments!
Ready to Get Started? Start Trading Today
Create An Account
Before you learn how to buy Bitcoin in Canada
Bitcoin Limits
One of the most important is the Bitcoin coin limit, which is set at 21 million. This means that the total number of Bitcoins that will ever be created is capped at 21 million, making Bitcoin a finite resource. This has several implications for investors and Bitcoin enthusiasts alike, including a potential increase in value as demand for Bitcoin grows.
Bitcoin Security
As there is no government or central authority backing Bitcoin, it's up to the user to ensure that their investments are secure. While Bitcoin has a reputation for being secure, there are still potential pitfalls that users should be aware of. With the right knowledge and precautions, you can safely invest in this exciting digital currency.
Trading Bitcoin
By understanding the principles of Bitcoin trading, you'll be able to make informed decisions about when to buy, when to sell, and when to hold onto your digital assets. Whether you're a seasoned trader or just starting out, taking the time to educate yourself on the Bitcoin trading process is a valuable investment in your financial future.
Bitcoin + Taxes
In Canada, Bitcoin is recognized as a commodity by the government and as a currency. It’s important to know that the exchange of Bitcoin for any goods, service, or other tokens are considered bartering, which is vital information when it comes to tax purposes.
Ready to Get Started? Start Trading Today
Create An Account
Get in touch with our support team.
Start an online chat to get instant answers to your questions.
Send us an email, and we'll get back to you right away.
Our support team is standing by to take your call.