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Buying and Trading Cryptocurrency in Canada 🇨🇦 2024 Guide
Рет қаралды 1,048
2 ай бұрынHere are the best ways to buy and trade cryptocurrency in Canada 2024. If you're Canadian and looking to buy or trade cryptocurrency, these are my recommendations for you. Note that Bitget is not available to residents of Alberta. I have seen people KYC with a passport and a VPN. Do this at your own risk though. A good alternative to Bitget though is Bitunix as they’re a NO KYC & VPN exchange. Save 25% on your trade fees: www.bitunix.co...
Get $10 after trading $100 worth of crypto on NDAX:
refer.ndax.io/...
Save 20% on your trading fees on Bitget:
partner.bitget...
Get $25 after purchasing $100 worth of crypto on Newton:
web.tradenewto...
Trade on Crypto.com Exchange:
crypto.com/exc...
Funding Bitget in Canada: • How to Fund Bitget in ...
New to crypto? Start here: www.cryptoforc...
Get $20 after purchasing $100 worth of crypto on Shakepay:
shakepay.me/r/...
Save 20% on your trading fees on APX Finance (Decentralized Exchange for futures trading):
www.apollox.fi...
Keep your coins safe with these:
SafePal S1: www.safepal.co...
Shieldfolio: shieldfolio.co... (Save 20% with promo code: Canadians)
Ballet Crypto Wallet: amzn.to/2MpNiwH
Talk crypto in the Discord: / discord
Ask on Reddit: / cryptoforcanadians
Follow my crypto thoughts on X (Twitter): / cryptoforcanada
Disclaimer: Cryptocurrencies are risky and you can lose all of your funds if you don’t know what you’re doing. What I say in my videos is not financial advice but rather for entertainment purposes only. Using the affiliate links will help the channel monetarily.
#canada #crypto #cryptocurrency
@cryptoforcanadians 2 ай бұрын
Get $10 after trading $100 worth of crypto on NDAX: refer.ndax.io/ase4 Save 20% on your trading fees on Bitget: partner.bitget.com/bg/l87j35641689827277614 Get $25 after purchasing $100 worth of crypto on Newton: web.tradenewton.com/r/KDKZDD Trade on Crypto.com Exchange: crypto.com/exch/cryptoforcanadians
@bingus3582 2 ай бұрын
Can you please do a video covering decentralized future exchanges. I know you've covered ApolloX, but can you talk about other one's like GMX, Apex Pro, Hyperliquid. Thanks
@bingus3582 2 ай бұрын
Btw thanks for the heads up about Mexc prohibiting Canada. Went from Binance to Mexc now to Bitget. Will see how long they last. Wondering if I should just start trading on DEX exchanges instead.
@cryptoforcanadians 2 ай бұрын
I probably won't just because the interest isn't there. I may in the future though.
@cryptoforcanadians 2 ай бұрын
Yeah for sure! My pleasure. I personally think that CEXs are better if you're looking to trade futures. I would only use a DEX if I couldn't or don't have access to a CEX that does offer it. That's just my opinion though.
@mustaphamustapha9760 Ай бұрын
How about declare the activity? Nothing is required to declare? And another question I have, is I have binance accoubt balance but wheb read, if founf that is restricted in Canafa, how can I process to backup my funds from binance to one of these exchange you'd already mentioned.?
@cryptoforcanadians Ай бұрын
Not sure what you mean by declare the activity. You can withdraw your funds from Binance even if you're in Canada. You just can't trade on them or do anything else. Hope that helps!
@mustaphamustapha9760 Ай бұрын
@@cryptoforcanadians i thought that even to withdraw from binance in canada is restricted and not eligible!!
@cryptoforcanadians Ай бұрын
@mustaphamustapha9760 nope, you can withdraw within Canada.
@user-wj2eq3js3u 2 ай бұрын
Hi brother, I have one question for you. Can you tell me in which video you have explained about this? I will go through it. I want to buy matic(i think it will be same as Eth proedure)using cad and send it to Metamask on the Polygon Network. So for its fees, I just need to keep some more cad in NDAX?
@cryptoforcanadians 2 ай бұрын
If you're looking to buy MATIC, then Ndax would be your best bet. Use this link to get yourself a $10 bonus after a $100 purchase on Ndax: refer.ndax.io/ase4 This video here's a bit of an older video but the same steps apply despite the layout change which should help show you how to buy from Ndax: kzfaq.info/get/bejne/n9Rhg7ag37HDo4k.html Hope that helps!
@honeysahni6529 Ай бұрын
I want to buy usdt for cash in BC
@cryptoforcanadians Ай бұрын
Check out this video as it should help you out on how to buy and sell USDT in Canada: kzfaq.info/get/bejne/fdtyncSX0pe8n2g.html Hope that helps and let me know if you’ve got any questions.
@notarealtrad3r 2 ай бұрын
Missing coinbase. I havent found an exchange that allows leverage trades as they have all pulled out of Canada.
@cryptoforcanadians 2 ай бұрын
I’m not missing Coinbase as they’re NOT a good place to buy from as they’re expensive. I did say in the video that Bitget is the best exchange as they DO offer futures trading. That said, learn more about why they’re the best exchange for Canadians here: kzfaq.info/get/bejne/h6x0lMeAq6q3fY0.html If you’re interested in using them, here’s a link where you can save 20% on your trade fees: partner.bitget.com/bg/l87j35641689827277614 Hope that helps!
@slickblowfish Ай бұрын
coinbase is trash , you spend 20$ and get back like 15$
@cryptoforcanadians Ай бұрын
Yep, they’re definitely trash in Canada which is why I didn’t include them in the list!
@bradyhughes2114 Ай бұрын
Hi. I’ve been following you and all your videos are great help! Im new to the crypto space but have a portfolio on Newton. The question I have is, how do I buy meme coins like ($DADDY) ($Brett) etc. What exchange do you recommend i download to buy memecoins and how do i transfer money from my Newton account to a different exchange to purchase such coins. Thanks
@cryptoforcanadians Ай бұрын
Thanks I appreciate the positive feedback! For meme coins, check out Bitget as they have a plethora of them. I've actually made a video on how to buy from them: kzfaq.info/get/bejne/ld5gnrKd297LqJ8.html That said, use this link to save 20% on your trade fees: partner.bitget.com/bg/l87j35641689827277614 Hope that helps!
@anoop.joseph 22 күн бұрын
is bitget avalable in ontario ?
@cryptoforcanadians 22 күн бұрын
Yes they are. Be sure to use this sign up link to save 20% on your trade fees: partner.bitget.com/bg/l87j35641689827277614 Hope that helps!
@jojobanzon7782 2 ай бұрын
Interested in bitget but I heard leveraged trading is banned in Canada?
@cryptoforcanadians 2 ай бұрын
It is not illegal to trade crypto futures in Canada if the exchange offers it.
@Ilovecash10 2 ай бұрын
i will be getting the new iphone soon.do i need to log out from all my crypto wallets(solflare-exodus-phantom-uniswap) before factory reset my old iphone or i can just stay signed in in all of those wallets and proceed with the phone reset and then just re-sign into my new device using my 12 words? I try to understand if i will loose my crypto if i dont log out from my wallets before factory resetting the old device I was thinking to sign in into all my wallets on my new device and then reset the old phone?
@cryptoforcanadians 2 ай бұрын
You don't need to log out. When you factory reset your iPhone, it'll wipe everything.
@Ilovecash10 2 ай бұрын
@@cryptoforcanadians what do you mean by wipe everything? You mean it will just automatically log out because of the reset?
@cryptoforcanadians 2 ай бұрын
@Ilovecash10 yea correct.
@Ilovecash10 2 ай бұрын
@@cryptoforcanadians ok thank you.was worried that it will make me loose my funds if i didnt logged out before.
@cryptoforcanadians 2 ай бұрын
@Ilovecash10 no that’s not how it works.
@bingus3582 2 ай бұрын
MEXC is better, there's no fees for makers and 0.01% for takers
@cryptoforcanadians 2 ай бұрын
Yes but also Canada is prohibited according to their ToS: www.mexc.com/terms. So yes while they have lower fees, they're also prohibiting Canadians.
@cryptoforcanadians 2 ай бұрын
Yea but I’d rather promote exchanges that don’t say Canada is prohibited.
@bingus3582 2 ай бұрын
@@cryptoforcanadians Is AppolloX really legit as I have read on reddit that they're scammers ?
@cryptoforcanadians 2 ай бұрын
I haven't used them in a while but when I did use them, I've never had any issues with them. Things may have changed.
@bingus3582 2 ай бұрын
@@cryptoforcanadians Thanks for the heads up about Mexc having put Canada on the list of prohibited countries. I went from Binance to Mexc now to Bitget. Will see how long Bitget lasts. Wondering if I should just start trading on decentralized future exchanges instead.
@rpaul9932 2 ай бұрын
good luck buying crypto in Canada. Taxes will kill any profit you make.
@cryptoforcanadians 2 ай бұрын
Not really. I don't think you have a good understanding of how taxes work in Canada regarding crypto.
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