While there are many options to buy bitcoins not all are safe and available to Canadians.
The goal of this article is to teach you the basics of Bitcoin trading step by step in less than half hour. To be honest, Bitcoin has a steep learning curve. It usually takes a newcomer several months of reading to learn the Bitcoin’s basics. To make it worst like anything new and revolutionary, Bitcoin doesn’t fit with established ways of doing things. Understandably, not everyone has the time or inclination to get deeply involved. Fortunately, I have completed the hard research and reviews and have compiled the information you need to learn about bitcoin (cryptocurrency). Before you buy you must know bitcoin is just one of 800 cryptocurrencies available today and you can see the most popular at coin market cap.
SO YOU WANT TO buy BITCOIN NOW
If you want to trade bitcoin right away safe and secure then go to coinbase and signup. That is all you need to know.
To trade bitcoin safely you need two things;
1) A trusted exchange to purchase bitcoin
2) A Safe and secure wallet to hold the bitcoin.
We are in luck Coinbase has them both, it is an exchange with a wallet on board to keep your funds safe. Most importantly, Coinbase insures your wallet. Do not be fooled most exchanges do not have wallets and most wallets are not insured. Coinbase lets customers from the USA, Canada, UK, Europe, Singapore, and Australia buy bitcoins, litecoins and Ethereum with a credit card or bank account.
Below is a signup Tutorial video for coinbase. Please click my link to signup I will get a small credit.
Canadians do the Following
I suggest all Canadians signup for QuadrigaCX and start researching cryptocurrency wallets.
There is one important thing to note; coinbase does not allow Canadians to withdraw their money for that you need to transfer your bitcoin to a Canadian site called QuadrigaCX. I anticipate your next question is why not signup at QuadrigaCX initially. The answer is although, they are a great exchange, they do not have an online wallet to protect your funds/coin. But I do recommend that you sign up for QuadrigaCX after you purchase your bitcoin at coinbase. It will take about 5 days to complete the verification process. Once your coin is safe at coinbase you can continue to learn more about cryptocurrency.