How to Buy Bitcoin in Canada

A Step-by-Step-Guide on how to buy Bitcoin in Canada

Step 1

Join Coinmama

Use the following button and signup at Coinmama.

Supply an email address, take a username, and use a secure, strong password.

The infrastructure and website of Coinmama is fast and secure, so you're personal info is safe.

Step 2

Verify your identity


In order to buy (BTC) Bitcoin with EUR or USD, you’ll need to provide your date of birth, country, phone number and name as well as extra support documents which verify your identity.

Those supporting documents are a valid photo ID, like National identity card (front + back), Passport or Drivers license and sometimes as well Proof of Residence Document like Credit card statement, Utility bill(water, electricity, gas, internet, phone), Residence certificate or Tax document.


The reason for this strict verification is to avert identity fraud or theft.

Step 3

Begin purchasing Bitcoin by depositing fiat currencies, like EUR or USD


Staking your account with fiat currencies, like EUR or USD for swaping can be done different ways, including SWIFT, SEPA and domestic wire transfers or creditcard.

The option you select will be based on your location and preference.

As soon as your fiat currency arrives in your account, that amount will be converted to BTC.

Alongside your account you will as well have access to charting tools, 24-hour global client support, leveraged trading and advanced order types.

For buying BTC you will also need to have a wallet.

Congratulations! You have successfully bought and stored Bitcoin in Canada.

That's it!

A couple more tutorials:

How to buy Bitcoin