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bitbuy is a cryptocurrency exchange based in Canada. You can buy bitcoins, litecoin, ethereum and other coins with credit card or Interace e-Transfer for 0.75% fees, or sell for 0.5%. The exchange has good support available through its live chat, or via phone & email.
Get a $10 bonus when you buy or sell at least CAD $100. T&Cs apply.
Coinbase is the world's largest Bitcoin (BTC) broker. They represent an easy and fast way for new users to purchase bitcoins, ethereum, litecoin and many other coins. Coinbase supports customers in over 30 countries, including the United States, Europe (besides Germany), UK, Singapore, Canada, and Australia.
Customers in the above-mentioned countries can purchase cryptocurrency by debit card, bank transfer, SEPA transfer, and more.
Coinmama allows customers in almost every country to buy bitcoins, litecoins, ethereum and many other coins with a credit or debit card. They charge a 4.9%-5.9% (depends on volume) fee on each purchase.
Customers in Europe can also purchase cryptocurrency with SEPA transfer for a lower fee.
Want to buy using Coinmama? This step-by-step guide will show you how to use Coinmama.
Coinbase's exchange, Coinbase Pro, is one of the largest crypto exchanges in the United States. Users can fund their accounts to buy crypto via bank transfer, SEPA, or bank wire. Coinbase Pro offers good prices and low fees, but their confusing user interface may initially prove difficult to navigate.
Founded mid-2011, Kraken is the one of the world's largest cryptocurrency exchanges, and the largest in Europe based on daily average trading volume. You buy ethereum, bitcoin and more. It is available in almost all countries. Deposits can be made via bank wire, SEPA, ACH and SWIFT.
Canada is an Ether-friendly country. It allows businesses and buyers to take part in Ether-related activities. Investors can use VCs to purchase goods and services online or offline.
The country also allows the buying and selling of Ether on open exchanges. ATMs are also an option. However, Ether and other currencies aren’t considered legal tender in the country.
Tax laws apply to digital coins. Regulators have been working for a while to streamline processes and make the system safer and more secure. In 2017, the Canadian Securities Administrators published a notice on Crypto Offerings that outlines how security law may apply to ITOs, ICOs, ether investment funds, and exchanges that deal in cryptos.
Canada is one of the few countries where crypto mining is also regulated. Régie de l’énergie, Quebec's energy regulator, released these guidelines in 2019. The new regulations ordered Hydro-Quebec to allocate 300 MW to the blockchain industry.
This adds to the hundreds of MW companies are receiving to mine Ether and other currencies. However, there is a criterion that companies must meet in order to get access to this power.
Canada is a leading cryptocurrency nation and a top contender when it comes to mining due to its innovation, high internet speed, favorable regulations, and low energy costs.
The government appears to be a huge supporter of Ether. It has been pushing to allow residents to pay property taxes with Ether and other currencies. Moreover, it has established an Ethereum blockchain explorer.
Names like Enterprise Ethereum Alliance have been working to make Canada a major crypto hub.