Best Way to Buy Bitcoin in Canada 2017

　　In 2017, the cryptocurrency market experienced a surge, with Bitcoin reaching an all-time high. As a result, many Canadians were eager to invest in this digital currency. However, with numerous options available, finding the best way to buy Bitcoin in Canada 2017 can be daunting. In this article, we will discuss the best methods to purchase Bitcoin in Canada during that year.

　　1. Exchanges

　　One of the most popular ways to buy Bitcoin in Canada 2017 was through cryptocurrency exchanges. These platforms allow users to buy, sell, and trade various cryptocurrencies, including Bitcoin. Here are some of the best exchanges to consider:

　　a. Coinsquare: Coinsquare is a well-known Canadian cryptocurrency exchange that offers a user-friendly interface and a wide range of trading options. It supports fiat currency deposits and withdrawals, making it convenient for Canadian investors.

　　b. Kraken: Kraken is a popular international cryptocurrency exchange that also serves Canadian customers. It offers a variety of trading pairs and supports both fiat currency and cryptocurrency deposits.

　　c. Bitbuy: Bitbuy is a Canadian-based exchange that provides a seamless experience for buying and selling Bitcoin. It supports fiat currency deposits and offers a range of trading options.

　　2. ATMs

　　Another convenient way to buy Bitcoin in Canada 2017 was through Bitcoin ATMs. These ATMs allow users to purchase Bitcoin with cash or credit/debit cards. Here are some popular Bitcoin ATMs in Canada:

　　a. Bitcoiniacs: Bitcoiniacs operates a network of Bitcoin ATMs across Canada, making it easy for users to purchase Bitcoin with cash.

　　b. Coinamatic: Coinamatic is another Canadian Bitcoin ATM operator with a wide network of ATMs across the country.

　　c. BitAccess: BitAccess offers Bitcoin ATMs in various locations in Canada, allowing users to buy Bitcoin with cash or credit/debit cards.

　　3. Online Brokers

　　In 2017, some online brokers also offered Bitcoin trading services. These brokers allow users to buy Bitcoin through their platforms, often with a range of other financial instruments. Here are some popular online brokers that offered Bitcoin trading in Canada:

　　a. Wealthsimple: Wealthsimple is a Canadian online investment platform that offers Bitcoin trading. It is known for its user-friendly interface and low fees.

　　b. Interactive Brokers: Interactive Brokers is a well-established online broker that offers Bitcoin trading to its clients. It is suitable for both beginners and experienced investors.

　　4. Peer-to-Peer (P2P) Marketplaces

　　P2P marketplaces allow users to buy and sell Bitcoin directly from other individuals. These platforms offer a high degree of flexibility and can be a cost-effective way to purchase Bitcoin. Some popular P2P marketplaces in Canada 2017 included:

　　a. LocalBitcoins: LocalBitcoins is a global P2P marketplace that connects buyers and sellers of Bitcoin. It offers a range of payment methods and allows users to find sellers in their local area.

　　b. BitBuy: BitBuy is a Canadian P2P marketplace that allows users to buy and sell Bitcoin with ease. It supports various payment methods and offers a secure platform for transactions.

　　In conclusion, the best way to buy Bitcoin in Canada 2017 varied depending on individual preferences and needs. Exchanges, ATMs, online brokers, and P2P marketplaces all provided viable options for purchasing Bitcoin. It is essential to research each method thoroughly and choose the one that aligns with your investment goals and risk tolerance.

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