In Canada, you can buy Bitcoin on centralized exchanges, decentralized exchanges, Bitcoin ATMs and other options. You can also buy Bitcoin ETFs.
Canada is one of the leading countries when it comes to Bitcoin adoption. According to a Triple-A report, as of 2024, 10.1% of Canadian residents own cryptocurrencies, including Bitcoin (BTC), putting the country ahead of Australia (9.6%), Norway (8.7%) and Germany (8.3%). Notably, a balanced regulatory environment has helped crypto evolve in the country.
When it comes to purchasing Bitcoin, Canadians and other residents have several options. Canadians can buy Bitcoin on a centralized exchange (CEX), a decentralized exchange (DEX), via a non-custodial wallet or a Bitcoin ATM.
This article briefly explains the regulatory landscape for Bitcoin in Canada and walks you through multiple options to purchase BTC. It also informs how you can store Bitcoin safely in Canada.
