Best Crypto Exchanges Canada Best Crypto to Buy in Canada

The growth that cryptocurrencies have shown in recent years that has far surpassed that of other asset classes has made it a very famous choice for those looking to make profits quickly. However, many people have the desire to invest in cryptocurrencies but know nothing about how to go about it.

This guide examines the diverse platforms with which you can trade cryptocurrencies and generally provide information about the best crypto to buy.

Best Crypto to Buy in Canada 2023– List

  1. $WSM (Wall StreetMemes) – Next Meme Token To Explode With Large Community
  2. $BTCBSC (Bitcoin BSC) – the new BEP-20 token, alternative to Bitcoin
  3. $Sonik (Sonik Coin) – a new currency with growth potential in 2023
  4. $LPX (Launchpad XYZ) Web3 Portal That Will Increase web3 Adoption
  5. $YPRED (yPredict) – World’s First AI Trading Marketplace With Huge Potential
  6. $CHMPZ (Chimpzee) – Token that protects nature and animals
  7. $BTC20 (BTC20) – New dimensions to the most popular crypto Bitcoin
  8. $XRP20 (XRP20) – Old XRP token with a twist that will impress you
  9. Bitcoin
  10. Ethereum

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Best Crypto To Buy In Canada 2023– Reviewed

1. $WSM (Wall Street Memes) – Next Meme Token To Explode With Large Community

Wall Street Memes, an online platform dedicated to trolling the financial markets with humorous memes and jokes, has gained significant popularity, boasting an impressive following of over 400k devoted followers.

Embracing the trend of meme tokens, Wall Street Memes has introduced its native token, $WSM, which is anticipated to explode in value throughout 2023. The primary purpose of $WSM is to generate value for its holders, as it lacks any practical utility beyond that. Built on the Ethereum blockchain as an ERC20 asset, $WSM can be easily exchanged for USDT or ETH.

The project has already seen remarkable success, raising millions of dollars in its token presale event. The distribution of the total 2 billion token supply is focused on benefiting the Wall Street Memes community, with 50% available during the presale, 30% allocated for exchange listings, 10% reserved for airdrops, and the remaining 10% dedicated to liquidity.

The team behind the project places a high value on their community, aiming to reward supporters with free tokens. Notably, the project has caught the attention of Elon Musk, a prominent figure whose previous actions have had a significant impact on the meme market. The fact that Musk is aware of this project suggests the potential for a substantial surge in price following the presale.

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2. Bitcoin BSC – the new BEP-20 token, alternative to Bitcoin

Bitcoin has remained in the history of the crypto market as one of the most important and successful cryptocurrencies. Recently, more and more projects inspired by the growth and evolution of bitcoin have emerged. Each of these attempts to bring more modern and technically advanced tokens to the market. One of the recently launched tokens that managed to raise over $20,000 in pre-sales within hours of its launch is Bitcoin BSC.

Bitcoin BSC Presale

Bitcoin BSC is a token that aims to allow crypto enthusiasts to buy a new version of Bitcoin at the 2011 price. Built on the BNB Smart Chain, known for its high performance, the Bitcoin BSC token promises investors that it will offer speed, security and efficiency. Compared to the traditional Bitcoin cryptocurrency mining process, the new token has implemented an eco-friendly staking mechanism that will provide the opportunity to earn long-term rewards and benefit from cheaper and faster transactions.

The BTCBSC token is currently available for pre-sale at $0.99. Interested investors now have the opportunity to invest in a token that can make them a profit.

Your money is at risk.

3. $Sonik – a new currency with growth potential in 2023

If you are looking for a meme coin with growth potential, look no further than the new Sonik token. Inspired by the famous cartoon featuring everyone’s favourite character, Sonic, the hedgehog with incredible speed, this new meme coin aims to accelerate the meme coin market with the same super speed. Although it has nothing to do with the original character and is a project developed by a different team, Sonik has already managed to attract attention.

Sonik Coin Presale

Some crypto experts believe that the currency can grow significantly once it is listed on public exchanges. The price of the Sonik token is a cheap price compared to the potential the project can have in the future. Even if Sonik is a useless currency, it aims to compensate for this. The developers have introduced a faster stacking mechanism, where owners can stake their tokens over a period of 7 days and be rewarded. Investors will also be able to resell their purchased tokens after the pre-sale has ended.

As a deflationary token, the total supply of pre-sale tokens is limited to only 299,792,458,000 coins and may run out soon. If you don’t want to miss this opportunity, click on the button below and buy the Sonik token now.

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4. LPX (Launchpad XYZ) – Web3 Portal That Will Increase web3 Adoption

Launchpad XYZ is a platform designed to simplify the adoption and utilization of Web3 applications. It serves as a comprehensive web3 portal, offering a range of features and tools such as play-to-earn games and a dedicated DeFi wallet. The platform aims to address the barrier to entry for individuals with little or no experience in the Web3 space, providing an easy-to-use interface and inclusive access to various web3 offerings.

Investing in Launchpad XYZ may be appealing for several reasons. Firstly, the platform’s all-inclusive nature makes it a convenient one-stop solution for users to explore and engage with different web3 applications. By investing in Launchpad XYZ, individuals become part of an ecosystem that offers diverse opportunities and resources.

Additionally, the LPX token plays a vital role within the Launchpad XYZ platform. It acts as a utility token, granting access to the ecosystem, facilitating staking for passive rewards, and enabling token swapping. The deflationary nature of LPX tokens means that early investors may benefit from guaranteed returns as the platform gains traction and the token’s value potentially appreciates.

Furthermore, Launchpad XYZ’s commitment to being an unbiased platform ensures that users have access to the latest web3 offerings without favoritism. This openness and inclusivity can attract investors who believe in the long-term potential of the Web3 space and want to support projects that promote accessibility.

Ultimately, individuals interested in the Web3 space and seeking simplified access to its applications, coupled with the potential for investment returns, might consider investing in Launchpad XYZ. The LPX token is currently available to buy at an undervalued price through presale. This is the best time to buy for maximum returns.

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5. YPRED (yPredict) – World’s First AI Trading Marketplace With Huge Potential


Introducing yPredict, an innovative platform poised to revolutionize the trading landscape by offering a brand new algorithmic trading marketplace. This cutting-edge marketplace allows AI developers to showcase their predictive models for sale on a subscription basis. Traders can navigate through the marketplace, carefully selecting models that align with their specific requirements and preferences.

To access different sections of the ecosystem and subscribe to models, traders must utilize YPRED tokens as a form of payment. These tokens serve as the currency within the yPredict platform and also contribute to a regular income stream for AI developers, as they receive a percentage of the subscription fee each month.

Notably, all the models featured on the yPredict marketplace undergo rigorous testing by experts before they are made available for purchase. Models that fail to generate desired returns or accuracy are not listed for sale. Additionally, users have the power to vote for models to be de-listed if they become ineffective over time. This unique feature empowers traders to avoid investing in underperforming models, providing them with confidence that their investments are safeguarded.

Beyond predictive trading models, the yPredict marketplace also offers a wide range of additional tools and features. Traders can access signals, sentiment analysis, AI technical analysis, and chart pattern recognition, ensuring they have all the necessary resources to make informed and successful trades.

YPRED, the native token of the platform, operates on the Polygon-Matic network and is fully compatible with Ethereum. The token supply is limited to 100 million tokens, with 80 million tokens available during the ongoing presale. The remaining tokens will be allocated for listings, liquidity, and development purposes. Given the current lower value of the tokens, now presents an opportune time for investors to consider acquiring YPRED tokens.

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6. $CHMPZ (Chimpzee) – Token that protects nature and animals

Ever wanted to save the planet and earn a nifty profit doing so? Well, here’s your chance. Introducing Chimpzee.

Chimpzee isn’t just about making bank; it’s about making a difference. This disruptive Web3 project gives you an opportunity to earn passive income while simultaneously fighting for a greener tomorrow. Their mission is to revolutionize charitable giving, save our furry friends, and fight climate change. Fits the description of modern heroism.

Chimpzee Presale

But why bet on Chimpzee’s success? Firstly, they’re shaking up charity work by offering rewards for good deeds. With their ecosystem components Shop2Earn – merchandise shop, Trade2Earn – NFT marketplace, and Play2Earn – Chimpzee’s Zero Tolerance Game, you’re always in for a win-win.

Secondly, they’ve got this token-burning mechanism, which means any unsold tokens from the presale go “poof”, boosting the token’s value. Chimpzee has already burned 100 billion tokens and intends to reduce its total token supply to less than 60 billion tokens.

If you’re looking to hop onto a project that has heart, innovation, and a sprinkle of jungle magic, Chimpzee is where you need to be. Invest in Chimpzee now. Because the future is green.

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Always wished you could turn back the clock and snag some Bitcoin when it was just a dollar? Drawing inspo from Bitcoin’s golden days of April 2011 when it was priced at just $1. BTC20 gives you the chance to earn passive income. Imagine all the benefits of Bitcoin mining without sweat and electricity bills.

The presale has just wrapped up. The tokens were priced at a nostalgic $1 per $BTC20, taking everyone on an eco-friendlier, energy-efficient earning spree. And while 71.19% of the total is vested for 120 years, think of cryptocurrency as a version of vintage wine.

BTC20 Presale

With a fixed token release schedule for the next 120-plus years, a stake in BTC20 tokens over the long term can increase your profits over time. Being an ERC-20 token, it’s a breeze to trade. And its proof-of-stake mechanism is your ticket to long-term passive earnings.

The presale might be over, but the journey has just begun. Therefore, now is the perfect time to buy the coin. Considering the token’s potential and its roadmap, buying now could be your ticket to a brilliant cryptocurrency future.

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8. $XRP20 (XRP20) – Old XRP token with a twist that will impress you

XRP20 is one of the latest version 2 coins in the crypto space. XRP20 is stake-to-earn, which means that you can earn passive income by staking. Ripple’s XRP token is one of the most popularly followed cryptocurrencies in the sector. The XRP20 coin could now be the next new coin to benefit from the current price rise of XRP. The soft cap of the project token is $1,850,000, whereas the hard cap target counts $3,680,000.

The topic of “meta version 2.0” has attracted a lot of attention among members of the crypto community over the past few months. The idea is that a development team will use an existing brand name, and with the new coins they will offer an opportunity to repeat the previous ROI successes. Meanwhile, version 2 coins address the shortcomings and issues that were the weak points of their predecessors.

XRP20 is not only a stake-to-earn, but also a deflation coin. That is, 0.1% of every purchase and sale transaction is burned. 10% of the total token pool is removed by sending 10% of all coins to a burn address, increasing the token’s scarcity and thus its value. Investors participating in the pre-sale can acquire 40 percent of the total token stock. 40% is intended for staking and 10% for decentralized exchange liquidity.

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9. BTC (Bitcoin)

Cryptocurrency price charts have always attracted attention since the launch of Bitcoin in 2009. What’s more, recent developments in the financial markets have made cryptocurrency’s fame grow. As a result, Bitcoin is an obvious alternative for any investor looking to gain a competitive edge, as Bitcoin makes up a significant portion of the entire cryptocurrency market capitalization.

Approximately $3 trillion is tied to its market capitalization with this cryptocurrency. The cryptocurrency reached its all-time high value of $69,000 in November 2021. Since Bitcoin is the leading payment network, Visa and Tesla support it in the payment process. In addition, it is a unique currency that distinguishes it from many other currencies, which offers many advantages to its users.

Bitcoin’s long-term price forecast for the end of 2025 has a range of $330,000, which makes it a great investment to make. However, Bitcoin still maintains its dominance on cryptocurrency charts thanks to its deflationary characteristics.

Notwithstanding this cryptocurrency’s bearish trends, its strong fundamentals and prolonged market presence have made it a currency less prone to price crashes. Traders and investors are also benefiting from the widespread adoption of this currency.

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10. ETH (Ethereum)

In the cryptocurrency ecosystem, Ethereum ranks second in market capitalization behind Bitcoin. To facilitate decentralized financial exchanges, it employs a proof-of-work consensus algorithm. Proof-of-stake will soon be used in the future. Developers can efficiently develop decentralized applications (dapps) and smart contracts with these open-source, non-centralized blockchain networks without depending on third parties.

Because of all these features, Ethereum is a highly viable Bitcoin alternative. In addition, the Ethereum platform also allows for the creation of decentralized financial products that anyone can access, regardless of nationality, religion, or anything else. Since its launch, the cryptocurrency has been a market leader in the financial space. Ethereum has seen its value rise by more than 100 percent since its launch, which has caused a lot of smiles from investors. Recently, this coin’s price has performed well in the cryptocurrency market. With Ethereum’s DApp and DeFi technologies, decentralized finance will expand to all sectors in the next few years.

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Best Places To Buy Crypto in Canada 2023 – List

You can use many platforms to purchase different cryptocurrencies, and the process is generally very simple. You might be wondering where and how to buy Cryptocurrencies in Canada.

Below is a quick analysis of the different steps you need to take to start buying cryptocurrencies through different platforms:

  1. BitBuy: One of the most popular exchanges in Canada Binance
  2. Binance: Top-Rated Platform In Canada
  3. Coinbase:  Large Cryptocurrency Exchange To Acquire Dogecoin In Canada
  4. WealthSimple: Make Investing Simple And Affordable With Smart Technology In Canada
  5. You Can Purchase Cryptos In Canada

best crypto to buyIn 2014, Bitbuy, one of the leading cryptocurrency exchanges in the country, was founded. Headquartered in Toronto, the company offers a wide range of products and services.

In contrast to other cryptocurrency platforms, BitBuy’s cryptocurrency platform is ideal for investors who are starting as well as for experienced investors. “Express Trade” platform is designed for new traders, while “Pro Trade” is created for experienced traders with access to advanced charting and order modes.

Therefore, Bitbuy could be a good option that you should consider if you want to discover the next crypto digital asset or if you want to gain experience with cryptocurrency trading in general.

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Bitbuy fees

Fee Amount
Crypto trading fee 1% to 1.50%
Inactivity fee Free
Withdrawal fee  1%  to 1.50%

  • User-friendly Express Trade feature
  • Pro Trade gives access to advanced charts and tools
  • Extremely secure crypto exchange with BTC insurance
  • Mobile app for iOS and Android
  • Low trading fees of only 0.2% for Express Trade and 0.1%/0.2%


  • Limited range of only 15 cryptocurrencies
  • Only available in Canada and only CAD supported
  • No live chat support

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2. Binance: Top-Rated Platform In Canada

best way to buy crypto in canadaBinance happens to be the platform of choice for traders who wish to actively trade rather than invest in cryptocurrencies, which is true for several causes. To begin with, Binance is an exchange and trading platform specializing in cryptography. A wide variety of benefits. For example, the platform has a wide variety of cryptocurrencies to trade. In addition to this, a range of cryptocurrencies is regularly featured on Binance. Furthermore, the platform handles a trading volume of billions on any given day. Finally, simply appearing on Binance can cause the price of a cryptocurrency to skyrocket thanks to the high liquidity it enjoys.

Another advantage Binance has over other trading platforms for being a specialized cryptocurrency trading platform is the variety of tools it provides. Various features and analysis tools are often used to analyze patterns and spot investment opportunities as a day trader. These tools are a little different for each asset class, and using a cryptocurrency trading platform means that all of these tools will be tailored to cryptocurrencies.

On Binance, you can trade cryptocurrencies in two ways. On the one hand, exchange them for fiat currencies by purchasing between BTC/USD and ETH/GBP. On the other hand, you may exchange one cryptocurrency for another — types of cryptocurrencies. So, for example, you can exchange DOGE/BTC or BTC/BNB, and so on. Thus, it is convenient because if you want to sell Ethereum and buy Bitcoins, you can do it from a single trade instead of first changing your crypto to fiat and using it to buy Bitcoins. Thus, cross cryptocurrency trading is a way to save commissions.

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Binance fees

Fee Amount
Crypto trading fee Commission, starting from 0.1%
Inactivity fee Free
Withdrawal fee 0.80 EUR (SEPA bank transfer)

  • An advanced charting platform with customizable indicators
  • Hundreds of pairs of devices are supported
  • Commission of 0.10 %
  • Accepts fiat currency
  • BNB users get discounted rates
  • It has been proven that security measures work


  • Support is only provided via tickets
  • Debit/credit card deposits are subject to a 3.5% fee

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3. Coinbase: Large Cryptocurrency Exchange To Acquire Dogecoin In Canada

best crypto to buy nowCoinbase is another famous platform used to trade and buy cryptocurrencies, and it is a specialized cryptocurrency exchange. It offers many of the same advantages as Binance, including dedicated tools, high liquidity, and a wide variety of available coins. However, Coinbase is more suitable for beginners, and they tend to use it more frequently. There are numerous reasons for this.

Coinbase's standard platform is characterized by its simplicity, and trading on it is as easy as clicking on the cryptocurrency and choosing to buy or sell. You don't have to fret about the various technical details related to cryptocurrency trading, such as the type of order or the default features the trade will complete on its own.

On the other hand, if you want to access these possibilities while trading through Coinbase simultaneously, you can always use the Coinbase Pro platform, which is available for free to all users of the app. This allows you to do more technical analysis and gives you access to various order types to choose from.

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Coinbase fees

Fee Amount
Crypto trading fee Commission, starting from 0.50%
Inactivity fee Free
Withdrawal fee 1.49% to a bank account

  • New users, as well as experts, will find the interface easy to use.
  • Transactions on Coinbase are one of the fastest in the world, and it is one of the most liquid exchanges
  • Many altcoins are supported by Coinbase
  • Balance requirements are low


  • Complex Schedule of fees
  • Trading on other platforms is more expensive

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4. WealthSimple: Make Investing Simple And Affordable With Smart Technology In Canada

best crypto currency to buyIt was founded in 2014 by Wealthsimple, a company that manages more than $4 billion in investments. After being founded by Michael Katchen in Canada, the company has expanded to the United Kingdom and the United States. There are currently 1.5 million people worldwide that use Canada's largest robot advisor.

There are several services that Wealthsimple offers, including Wealthsimple Exchange and Wealthsimple Cash. Aside from Wealthsimple Trade and Wealthsimple Cash, Wealthsimple offers many different services for different needs. Among the other services that Wealthsimple Trade and Wealthsimple Cash offer, Wealthsimple Invest also offers a robot-investing service.

An investor who uses robots to invest has a completely hands-off relationship with their portfolio. Investing in ETFs (Exchange Traded Funds) is the simplest way to diversify your portfolio and preserve your capital (they use only low-cost ETFs). The company rebalances your account a few times a year.

Afterward, we will discuss Wealthsimple Invest's pros and cons in more detail.

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WealthSimple fees

Fee Amount
Crypto trading fee Free
Inactivity fee Free
Withdrawal fee 1.5%

  • Canadian, American, and U.K. accounts.
  • Excellent educational resources.
  • Savings account with competitive interest.
  • Tax-loss harvesting.
  • $0 to open account.


  • Must disclose personal data very early in the account setup process.
  • Algorithms follow generic buy-and-hold strategy.
  • Limited choices in portfolio creation.
  • Management fee of 0.5% is higher than average.

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5. You Can Purchase Cryptos In Canada

best app to buy cryptoThe exchange was founded in 2008 and has grown into one of the world's fastest-growing cryptocurrency exchanges. One of the speediest and most confident websites on the Internet has been created by creating a highly skilled team of developers and a highly motivated marketing team. Furthermore, IQD has a stablecoin staking program that returns 14 percent per year in addition to its portfolio of over 40 cryptocurrencies and stablecoins.

In terms of market capitalization,'s token,, has a market capitalization of 16.6 billion dollars, taking place on the 12th spot in the rankings of digital coins according to market capitalizations.

As a result, the firm is furthermore presenting margin trading services and derivative trading services and is also starting to venture into the NFT market. All transactions at require a minimum investment of $1 per transaction.

best apps to buy crypto fees

Fee Amount
Crypto trading fee 0.4% per trade
Inactivity fee Free
Withdrawal fee Free


  • Supports a wide range of cryptocurrencies
  • Competitive, transparent fees with discounts available
  • Provide support for an ecosystem of cryptocurrencies


  • Fees are higher unless you hold and use CRO
  • Customer service is poor
  • It can be difficult to navigate trading fee discounts

Your capital is at risk

What is a Crypto?

A cryptocurrency lives as a digital currency that can be exchanged for traditional money in very easy phrases. Because it is digital, it is highly protected by blockchain technology, which makes it impossible to counterfeit a cryptocurrency. A blockchain constitutes a ledger made effective from a network of computers that are not together. One of the essential features of cryptocurrencies is that they are highly decentralized.

One of the foremost and most prominent cryptocurrencies to be launched globally is Bitcoin, and it is presently the Cryptocurrency with the most extensive market capitalization. Cryptocurrencies other than Bitcoin are called altcoins, whose price is usually closely linked to cryptocurrencies.

There are different categories of altcoins, and each has its particularity. Most altcoins, for example, are mining-based. There are miners worldwide capable of creating these coins out of thin air using their computers. This process is based on a group of computers using their computing power to preserve the blockchain that records the ownership and authenticity of each coin. In exchange for using their computer to maintain the ledger, miners receive a share of the mined coins using this computing power. But not all altcoins work by mining. Some coins are born through an ICO, an Initial Coin Offering. This procedure is similar to the initial public offering of shares, and through it, coins can be born and officially listed on a stock exchange.

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Since cryptocurrencies are usually mined or listed through an ICO, there has to be a mechanism to prevent them from becoming highly inflationary assets due to their unlimited supply. This is why most cryptocurrencies have a supply limit. In addition, Bitcoin mining has been progressively reduced over the years, and mining yields have also been reduced for the most part. At this rate, Bitcoin will reach its supply limit in 2140, after which no more Bitcoins intention be mined.

Why Invest in a Cryptocurrency?

Recently, investing in cryptocurrencies has gained popularity, which the increase in cryptocurrency prices has corroborated. In turn, interest in platforms that facilitate cryptocurrency trading has increased. The general people have also become aware of cryptocurrencies' benefits, making them eye-catching investments and highly speculative assets. There are diverse reasons to consider investing in cryptocurrencies, and these are set out in detail below.

Highest yielding asset

In recent years, cryptocurrencies have been the best performing asset, as they have had gains high enough to completely outperform all other asset classes, such as stocks, commodities, and currencies. However, cryptocurrencies carry a higher degree of risk than other asset classes, so the higher returns realized could be a trade-off for this higher degree of liability. In addition, the high degree of simulation that comes with the lack of information surrounding cryptocurrencies has driven a rampage that has allowed cryptocurrencies to reach unprecedented levels.

For illustration, if you had bought Bitcoins worth $100 in 2009, you would currently have over $400 million in reward, which is the largest return on a single investment in 12 years. But more recently, in the short term, buying Bitcoins in 2020 would have allowed you to increase your money 10-fold in just over a year. Noting this trajectory and not wanting to miss out on these gains, there has been a sudden surge of liquidity in the cryptocurrency markets as people scramble to invest in crypto, driving prices even higher.

 Deflationary asset

As mentioned above, the vast majority of cryptocurrencies have a limit on their supply, in the sense that consumers can only generate and mine a certain amount of these cryptocurrencies. Because of their limited supply, they are a deflationary asset. They are, therefore, an excellent hedge against inflation.

Gold is now even being used as a hedge against inflation by reputable financial advisors and investment banks, who are beginning to realize gold's deflationary properties. In such an era of high inflation, assets that aren't correlated with inflation are of utmost importance. Cryptocurrencies are just such assets.

Buying Cryptos Safely

As previously mentioned, cryptocurrencies are an asset class driven largely by speculation and an unusually high level of volatility. This means the following, truth be told, there is no 100% reliable way to buy cryptocurrencies. Even if you get a 100% safe broker, such as one that is regulated, the assets you will invest in will still have a very high level of risk and can get you into serious trouble. Bitcoins, at least currently, do not have a very high intrinsic value. They get their value from what people think they are, which leaves them highly correlated to market sentiment, encouraging the high volatility they are exposed to.

Now, if you are aware of the risks involved and still want to invest capital in the cryptocurrency markets, you must invest and trade safely and securely, regardless of the assets. Unfortunately, this is more difficult for cryptocurrencies than other asset classes because agencies regulate a few major cryptocurrency platforms. Of those that are, the best option for you is undoubtedly Bitbuy.

Risks of Buying Cryptos

The future of Cryptocurrency may be an exchange instrument, but Cryptocurrency currently lacks a great deal of intrinsic value. The possibility of making payments in cryptocurrencies has begun to be acknowledged by a few companies here and there. However, this is usually more as part of a marketing strategy than as an asset valuation.

Thus, the future of cryptocurrencies is uncertain. Therefore, at the moment, they are an extremely speculative asset class, which is both good and bad. Investing in this asset class is always a double-edged sword, as in most cases, price movements barely make sense, except for investor sentiment. That is why, if you want to invest in cryptocurrencies, it is especially recommended to choose to invest only what you can afford to lose.

Bitcoin was the first Cryptocurrency to exist, and therefore, much of the cryptocurrency infrastructure has been designed with Bitcoin specifically in mind. However, the problem lies in Bitcoin's technology has been superseded and being far from perfect, so any new cryptocurrency created to correct these flaws will have difficulties with the infrastructure, as everything has been developed for Bitcoin. In addition, technological differences have made it necessary to redo the infrastructure many times, which has led to a further slowdown in the rate of cryptocurrency admissions.

All in all, a great level of caution is necessary when investing in cryptocurrencies, and one must also be willing to take significant losses.

Selling Cryptos

The process of selling cryptocurrencies is very similar to buying cryptocurrencies. When you want to sell a cryptocurrency you own, you simply go to the platform you use to trade. Then, access your wallet, choose the asset you want to sell, and determine the amount you want to sell.

Then it's as simple as clicking the sell button, and the trade will be done immediately. According to one's preferences, when trading through the vast majority of platforms, crypto can be sold through fiat currencies or other cryptocurrencies. When the sale is completed, you will see a movement in your cryptocurrency wallet that reflects this.

Where to Buy Cryptos

You can buy Cryptos in Canada through the following crypto platforms, which we reviewed previously:

  1. BitBuy: One of the most popular exchanges in Canada
  2. Binance: Top-Rated Platform In Canada
  3. Coinbase:  Large Cryptocurrency Exchange To Acquire Dogecoin In Canada
  4. WealthSimple: Make Investing Simple And Affordable With Smart Technology In Canada
  5. You Can Purchase Cryptos In Canada

Best Way to Buy Cryptos in Canada – BitBuy Tutorial

Here is the process of how you can open a Bitbuy account, which is the best platform for you to invest in cryptocurrencies. Follow these four simple steps to get started.

Step 1: Open an Account

First, you have to sign up for an account on the official website is as simple as clicking on the "Sign Up to Get Started." link.

best ways to buy crypto

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Step 2: Upload ID

You will need to enter your email address and password and your referral code or link if you have it. When you are finished, click on Create an account.

Click the link Verify my Email in Bitbuy's email to verify that your email ID is valid. In order to ensure the safety and security of your account, you will need to set up two-factor authentication after your email address is verified. Once the verification process has been completed, you can begin trading immediately.

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Step 3: Deposit Funds

In order to fund the account, you can use cryptocurrencies, bank transfers, credit cards, or debit cards.

best app to buy crypto in canada


Step 4: Buy Cryptos

Cryptos can be purchased on the Bitbuy dashboard by searching for them and clicking the Buy button. In addition, you can access the trade order form by clicking 'Trade' after entering the amount of Cryptocurrency you wish to purchase.

best place to buy crypto canada

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A Simple Guide to Purchasing Wall Street Memes Tokens

Wall Street Memes has started the presale phase. If you want to purchase a token during the early access period. You can buy using ETH, BNB, USDT, or a bank card before it lists on DEX. Here is a quick guide to help you purchase the token while it is still low in value:

Navigate to the Wall Street Memes official presale website. Look for the 'Connect Wallet' button and click on it. From the options provided, choose the type of wallet you have. Specify exactly what you intend to exchange the $WSM tokens for.

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Step 2: Exchange for $WSM tokens

With your wallet connected, initiate the process to exchange for $WSM tokens. Your wallet provider may ask for transaction confirmation. Verify and approve as necessary. Ensure you have a sufficient amount not only for the $WSM tokens but also to cover any associated network fees.

If there are any questions, read our helpful guide for more information about how to buy cryptos in 2023.

Step 3: Retrieving your $WSM tokens post-presale

After the presale concludes, your $WSM tokens won't be immediately accessible until the presale event end.

Once the presale event has ended, navigate back to the Wall Street Memes official site. There should be a specific section or link that allows participants to claim their purchased tokens. Ensure you connect the same wallet you used for the initial purchase. Tokens are tied to this specific wallet and cannot be claimed with another. Follow the on-site instructions to finalize the claiming process.


As a Canadian trader, you can buy cryptocurrencies on several platforms. However, Bitbuy is the most popular one. In addition to having the best user interface, this platform provides a wide variety of products while also providing a highly secure and regulated trading platform. This is in addition to its commission-free fee structure and tools. And remember to do your homework to define which platform best suits what you are looking for, and you should never invest more than you can afford to lose.

If you are a beginner in cryptos, the most advisable is to start with small amounts because it reduces the risks.

BitBuy – Buy Cryptos With 0% Commission in Canada

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Who created the first Cryptocurrency?

What is the total crypto market cap?

Do I need a crypto wallet to buy cryptos?

Can I buy cryptos in Canada?

How much money do I need to buy a Bitcoin?

Carlos Sereno

Carlos Sereno

Journalist from Universidad Jorge Tadeo Lozano. Translator of Spanish and English. English as a second language. Interested in International media and sports media.