Apps to Buy Bitcoin in Canada

In Canada, buying Bitcoin has become more accessible with various apps catering to different needs and preferences. Whether you're a seasoned investor or a newcomer, there's likely an app that fits your requirements. Here’s a detailed look at some of the top apps you can use to buy Bitcoin in Canada.

1. Shakepay
Shakepay is a popular app in Canada for buying and selling Bitcoin. It offers a user-friendly interface, making it ideal for beginners. Shakepay allows users to buy Bitcoin instantly using Canadian dollars. One of its notable features is its zero fees on transactions. Users can also earn Bitcoin through its referral program, which can be a great way to accumulate more cryptocurrency.

2. Bitbuy
Bitbuy is a well-regarded Canadian cryptocurrency exchange that supports Bitcoin and other digital currencies. It provides a secure trading environment with advanced security features. Bitbuy offers a simple interface for buying and selling Bitcoin and provides options for both instant and scheduled trades. It also supports e-transfer payments, which is a convenient option for many Canadian users.

3. Coinsquare
Coinsquare is another major player in the Canadian cryptocurrency market. It offers a robust platform for trading Bitcoin with features like high liquidity and advanced trading tools. Coinsquare is known for its strong security measures, including cold storage for funds and regular security audits. The app also provides educational resources to help users understand the cryptocurrency market better.

4. NDAX
NDAX (National Digital Asset Exchange) is a Canadian exchange that provides a secure platform for buying and selling Bitcoin. It is known for its low trading fees and high liquidity. NDAX offers various payment methods, including bank transfers and cryptocurrencies, making it a flexible option for users. The app also provides advanced trading features and detailed market insights.

5. Wealthsimple Crypto
Wealthsimple Crypto is part of the Wealthsimple financial services platform, known for its easy-to-use interface and integration with other financial products. It allows users to buy and sell Bitcoin along with other cryptocurrencies. Wealthsimple Crypto offers no fees on trades and provides a simple, intuitive platform that integrates with Wealthsimple’s investment accounts.

6. Kraken
Kraken is an international cryptocurrency exchange with a strong presence in Canada. It is known for its advanced trading features and extensive range of cryptocurrencies, including Bitcoin. Kraken offers low trading fees and supports various payment methods. The platform provides high security with features like two-factor authentication and cold storage for funds.

7. Coinbase
Coinbase is a global cryptocurrency exchange with a user-friendly app available in Canada. It is ideal for beginners due to its easy-to-navigate interface and educational resources. Coinbase supports Bitcoin and many other cryptocurrencies. While it charges higher fees compared to some local options, it offers a reliable and secure trading environment.

Comparison of Features

App	Fees	Payment Methods	Security Features	Additional Notes
Shakepay	Zero	E-transfer, Bank Transfer	Standard Encryption, 2FA	Referral Program
Bitbuy	Varies	E-transfer, Bank Transfer	Cold Storage, Security Audits	Instant and Scheduled Trades
Coinsquare	Varies	Bank Transfer, Credit Card	Cold Storage, Regular Audits	High Liquidity, Educational Resources
NDAX	Low	Bank Transfer, Crypto	Cold Storage, Advanced Security	High Liquidity
Wealthsimple Crypto	Zero	Bank Transfer, Crypto	Standard Encryption, 2FA	Integrated with Wealthsimple Accounts
Kraken	Low	Bank Transfer, Crypto	Two-Factor Authentication, Cold Storage	Advanced Trading Features
Coinbase	High	Bank Transfer, Credit Card	Standard Encryption, 2FA	User-Friendly, Global Reach

Choosing the Right App
When selecting an app to buy Bitcoin in Canada, consider the following factors:

• Fees: Look for apps with low or zero fees to maximize your investment.
• Payment Methods: Ensure the app supports convenient payment methods for you.
• Security: Prioritize apps with strong security features to protect your funds.
• User Experience: Choose an app with an interface you find easy to use.

By evaluating these aspects, you can find the app that best suits your needs for buying Bitcoin in Canada. Each app has its unique advantages, so take the time to research and select the one that aligns with your investment goals and preferences.