Bitcoin is often described as the currency of the future, yet how and where to buy Bitcoin in Canada can be confusing for those new to the world of cryptocurrencies. While Bitcoin has been around since 2009, its popularity has shot up in recent years as investors have begun flocking to digital currencies for their flexibility and anonymity.
There is also a large degree of FOMO with Bitcoin – in 2010, one Bitcoin was worth about .10 cents. Today, one Bitcoin is worth over $88,000 CAD. That’s a staggering increase in a decade, one that is leading more people than ever to get into the world of cryptocurrencies. Here’s a step-by-step guide to how to buy Bitcoin in Canada.