Buying BTC as a Canadian can be tricky. You could throw caution to the wind and buy from an international exchange, but finding one that supports Canadian-bank issue cards is tough.

I was looking for a Canadian exchange regulated by FINTRAC that has to subscribe to PIPEDA. I've found only one! (If you know of another, leave a comment!)

Coinberry!

Buy BTC with Coinberry

Buying BTC was pretty trivial.

  1. Register for an account on coinberry.com

  2. Once you are in, click on the Fund tab, and then e-Transfer

  3. Pick your financial institution

  4. Instructions will appear that look like so:

Screen Shot 2020-07-31 at 2.05.27 PM.png

Follow the instructions - my funds were swiftly transferred and available within 4-5 minutes. Love it when it just works!

I downloaded their mobile app and used it to buy MAX BTC with the CAD I had transferred in.  

Keep your BTC Safe

After you've bought your BTC - move the BTC to a secure hardware wallet. As promptly as you can, transfer your BTC from Coinberry over to a hardware wallet (such as the Ledger Nano S). Remember the motto: "Not your keys, not your coins!".

Good luck & Stay Safe!