A friendly, bright guide that walks you step-by-step — from picking a wallet to buying and protecting BTC.
Choose between beginner-friendly mobile/web wallets or hardware wallets for stronger security.
Use a Canadian exchange or service that supports Interac e-Transfer (easy) or bank transfers.
| Platform | Type / Payment | Notes |
|---|---|---|
| Shakepay | App — e-Transfer | Very beginner-friendly, Canadian. |
| Bitbuy | Exchange — e-Transfer, wire | Regulated, more trading features. |
| Newton | Exchange — e-Transfer | Low fees, simple UI. |
| Wealthsimple Crypto | Investment app | Very simple but custodial (can’t withdraw BTC). |
| Bull Bitcoin | Bitcoin-only — e-Transfer | Non-custodial option: you control your Bitcoin. Discounts for purchases over $50,000. |
| Bitcoin Well | Bitcoin-only — e-Transfer | Non-custodial option: you control your Bitcoin. Discounts for purchases over $50,000. |
| Virgo CX | e-Transfer | Non-custodial option: you control your Bitcoin. Discounts for purchases over $50,000. $20 reward for using: https://virgocx.ca/register?code=a5nNJAey Spread discounts starting at $3000 to $6,000,000 |
After purchase, withdraw to your personal wallet address so you truly control the coins.
bc1...).Understand private keys, seed phrases, and backups. Start small (e.g. CAD $50–$200) to test the flow.
Don't leave large amounts on exchanges, avoid scams promising guaranteed returns, and always double-check addresses before sending. Check you download hash codes against signiture hashes to make sure you have the true version.