How To Get Free Bitcoin & Crypto in Canada

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How to get Free Bitcoin
By: Craig Leontowicz | Published: May 14, 2023

I’ll be honest. When I first started in crypto I was extremely skeptical of everything.

I wanted to get as much free Bitcoin and crypto as I could because I am cheap and I didn’t want to risk any of my money. Getting free bonuses made things feel less scary.

Based on the last few years of my experience in crypto here is what I would do again to get as much free Bitcoin as possible.

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How To Fund Coinbase Canada

Fund Coinbase Canada
Fund Coinbase Canada

When I first set up my Coinbase account, I ended up just going in a loop of Reddit, Coinbase help, and Google searches trying to figure out how to fund my Coinbase account so I could buy some Bitcoin.

If you are Canadian you will need to use a Canadian crypto exchange like Shakepay or Newton to send money from your bank to a crypto exchange.

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5 Canadian Crypto Exchanges to Set Up Corporate Accounts

Updated: February 7, 2023
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These 5 crypto exchanges allow corporate accounts in Canada:

  1. Bitbuy
  2. NDAX
  3. Shakepay
  4. Kraken
  5. Coinbase

Most corporate accounts require contacting the exchange and additional paperwork and verification.

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How to Buy Bitcoin Paypal Canada?

Coinbase PayPal Canada
Coinbase PayPal Canada

Is it possible to buy Bitcoin in Canada with PayPal?

NO.

Coinbase claims Canadians and makes fiat withdrawals to Paypal. I’ however have not been able to get this to work. And based on what I have read on Reddit and Twitter — not many other Canadians have got PayPal to work either.

Interac e-Transfer in Canada and using a Canadian exchange to convert dollars to crypto is the easiest, fastest, lowest fee way that works with the banks in Canada. Wire transfers for larger amounts.

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How to Buy Bitcoin on Bitbuy and Send it To Your Wallet

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How To Buy Bitcoin Bitbuy Send to Wallet

Signup to Bitbuy and verify your account.

Toronto-based Bitbuy is a registered Money Service Business (MSB) in Canada under FINTRAC since 2016.

Canada’s first 1:1 insured Bitcoin offering platform. Bitbuy is the world’s first platform to find a way to keep the full value of its bitcoin cold storage holdings insured. This is done in partnership with Montreal-based Bitcoin security firm Knox.

Bitbuy has not experienced any hacks and remains a highly safe, secure, and trusted cryptocurrency exchange.

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How to Add Referral Code in Shakepay AFTER Signing Up

If you have already signed up to Shakepay and just found out about the referral code bonus and the Shaking Sats rewards they offer — you can add a referral code 30 days after sign-up.

To add Shakepay referral code after sign up:

  1. Go to: shakepay.com/add-referral
  2. Add your referal code
    Need a Shakepay referral code? Use: FM8INVL
How to Add Referral Code in Shakepay AFTER Signing Up

It may take up to 24 hours for the $10 referral bonus to be added to your account.

You need to deposit at least $100 to claim the bonus.

These prices and promos can change at any time