Creating Your Online Accounts

The first step to buying bitcoin as a Canadian resident is to open the online accounts at the platforms and exchanges you will be using. The following is a list of the accounts we recommend setting up:

  1. Bull Bitcoin
  2. Shakepay
  3. Coinsquare
  4. Tangerine (Optional)



NOTE: Coinbase is no longer recommended by Canadian Crypto.


NOTE: QuadrigaCX has been shut down and is no longer operating as of February 8, 2019. We have removed any recommendations or instructions for this platform.

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Sign-up Link (Referral):

canadian crypto coinsquare bitcoin exchange digital currency canada

Coinsquare is another Canadian digital currency exchange offering trading pairs in Bitcoin, Ethereum, Litecoin, and DASH, among others. It has a recently redesigned user-interface and offers competitive fees ranging from 0.1% to 0.4%.

Although recently redesigned, there are some areas that need improvement—for example, there is no way to view the current CAD price of coins in the trading view—but it is definitely a viable option for Canadians looking for an alternative to Coinbase.

Coinsquare also offer some good funding options for getting your Canadian dollars into the exchange, including Interac® Online, Interac® e-Transfer and wire transfer.

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Sign-up Link:
Use Orange Key: 49808580S1 and you and I will both receive $50 for free!

Tangerine offers great no-fee daily banking with their Tangerine Chequing Account. So go check them out, and if you decide to sign-up, use our Orange Key (49808580S1) to get yourself CAD$50 for free!

That’s it!

Once you have setup your accounts, check out Step 2 of our Beginner’s Guide and learn how to purchase bitcoin as a Canadian resident.