Canadian Bank Account with USD? Where to Buy Bitcoin

If you are Canadian and have USD in your bank account and are wanting to buy crypto without doing a currency exchange to save those fees this is how – Netcoins.

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1. Set up Netcoins Account

Sign up for Netcoins and get a $10 credit once you trade $100 worth of crypto.

Netcoins crypto exchange
Netcoins crypto

About Netcoins

Netcoins was founded in 2014. Netcoins, via its parent company BIGG Digital Assets, is the first Canadian crypto brokerage to be publicly owned. BIGG trades under the following symbols: CSE: BIGG, OTCQX: BBKCF, and WKN: A2PS9W.

2. Fund Account with US Dollars

There is no fee to fund the account in USD. Minimum in $500 via Wire Transfer. Estimated time is 0 – 3 business days.

fund from bank wire transfer

3. Buy Bitcoin with USD in Canada

Click Buy/Sell and change the currency to USD.

Buy Bitcoin with USD in Canada
USD cryptocurrency exchange canada

You can now buy and sell crypto as Canadian for US dollars.

Click the profile icon to change your account to show balance in USD or CAD.

Netcoins Fees

Its free to fund and withdraw cash.

There is a 0.5% fee for every trade.

Crypto withdraw fee – Bitcoin 0.0005 BTC or about $30 at the time of writing this.

Check the Netcoins website to see their fees breakdown.