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With a market cap of $1,371,783,311,737.00 USD, Bitcoin ranks as the 1st largest cryptocurrency by market capitalization in the world. It is currently trading at a price of $68,525.00 USD per coin and trades using the cryptocurrency code BTC.
Bitcoin is a highly volatile asset capable of major price swings in a single day. So before you buy Bitcoin, make sure you understand these unique risks as well as its tax and legal status in Canada.
If you want to buy Bitcoin in Canada or track its performance, keep reading to see the latest BTC price, market cap and trading volume along with a step-by-step guide on how to invest in BTC crypto in Canada.
Bitcoin (BTC) summary
| Current price | $68,525.00 |
|---|---|
| All-time high | $126,080.00 |
| All-time low | $67.81 |
| 1-year price change | ▼ -17.87% |
| Market cap | $1.37T |
| Market cap rank | #1 |
| Total volume (24h) | $55.50B |
| Circulating supply | 20,009,875 |
| Max supply | 21,000,000 |
| Where to buy BTC | Buy on Kraken |
This is not an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade or use any services.
How to buy Bitcoin in 5 steps
The whole process of buying BTC can take as little as 15 minutes, and all you need is a smartphone or computer, an internet connection, photo identification and a means of payment. Follow these five steps to learn how to buy Bitcoin in Canada:
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Compare crypto exchanges
The easiest way to buy Bitcoin is through a cryptocurrency exchange. Choose an exchange that offers low fees, a user-friendly platform or 24-hour customer support. You can easily see top picks in our guide to the best crypto exchanges in Canada, or compare options below.
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Create an account
To create an account on an exchange, you will need to provide an email address, come up with a strong password and verify your identity through a process called KYC, which requires government-issued photo ID.
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Make a deposit
Once verified, you can deposit CAD using the payment method that best suits you. Common methods like Interac e-Transfer, bank wire and debit card payments are widely accepted on Canadian-friendly exchanges.
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Buy Bitcoin
You can now exchange your funds for Bitcoin. On beginner-friendly exchanges, this is as simple as searching for the coin name (Bitcoin) or its crypto code (BTC), entering the CAD or BTC amount you want to purchase and clicking "Buy."
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Secure your Bitcoin
Consider transferring your BTC to help protect against hacks, scams, platforms going bankrupt and other risks of keeping crypto on an exchange.
Where to buy Bitcoin in Canada
We've curated a list of legitimate crypto exchanges below where you can buy Bitcoin in Canada to help you compare deposit methods, supported fiat currencies and fees.
5 of 11 results
Finder Score for crypto exchanges
To make comparing even easier we came up with the Finder Score. Supported coins, account fees and features across 28 cryptocurrency trading platforms are all weighted and scaled to produce a score out of 10. The higher the score, the better the exchange—simple.
Bitcoin price
The recent Bitcoin (BTC) price is $68,525.00 USD per coin, which is +1.77% higher than the previous day's trading price of $67,332.20 USD. Over the past 30 days, BTC's price has changed by +3.88%, from $65,966.83 USD to the current price of $68,525.00 USD. Compared to this time last year, Bitcoin's price has seen a decrease of -17.87% to its value as a cryptocurrency.
What is Bitcoin's all-time high?
Bitcoin reached its all-time high of $126,080.00 USD on October 6, 2025, which was a +185,831.28% increase from its previous all-time low of $67.81 USD, which it reached on July 6, 2013. It has since landed at its current price of $68,525.00 USD.
Historical Bitcoin price chart
You can use this chart to track BTC price performance over time.Can I buy Bitcoin in Canada?
Yes, you can buy Bitcoin in Canada. Simply open an account with a crypto exchange that operates in Canada and supports Bitcoin—like the ones in our curated list above—and place a "buy" order. For example, Kraken supports Bitcoin and is a registered crypto exchange in Canada.
Because Bitcoin is decentralized, it isn't tied to any single country. That means you can buy and sell it from anywhere in the world, including Canada, as long as you have internet access.
What is Bitcoin?
Bitcoin is the world's oldest and biggest digital currency by market cap. Created in 2009 by an unknown person (or persons) using the alias Satoshi Nakamoto, Bitcoin is a form of decentralized electronic cash designed to provide an alternative to traditional fiat currencies like Canadian Dollars.
Rather than having to deal with a centralized authority such as a bank to process transactions, Bitcoin holders can transfer their coins directly to one another on a peer-to-peer network. All Bitcoin transactions are tracked on a public ledger known as the blockchain, and people working as miners verify transactions and update the blockchain.
The maximum coin supply of Bitcoin is limited to 21 million, but it's possible to buy a small fraction of a coin – each individual coin can be divided down to 0.00000001 BTC.
Dive deeper: Read our beginner's guide to how bitcoin works
What will I need to buy Bitcoin?
To create an account with your chosen crypto platform, you only need an email address or mobile number. This will usually allow you to deposit cryptocurrency, but not CAD.
If you want to buy Bitcoin with Canadian dollars, you'll need to pass a Know Your Customer (KYC) check.
This is a standard security procedure for most exchanges in Canada and requires you to upload government-issued photo ID, and, in some cases, a selfie with today's date.
KYC is usually approved instantly, but in rare cases, you may have to wait a few hours or days.
Can I buy Bitcoin with a credit card?
Several crypto exchanges in Canada accept credit cards as an instant purchase method. However, before buying Bitcoin with a credit card, you should be aware of the additional cost and risks involved.
For instance, credit card fees are usually higher than bank transfers or e‑Transfers. Some card issuers may even block cryptocurrency transactions or treat them as cash advances, which are more expensive. Plus, if you don't pay off your credit card within your statement period, you may end up paying interest on your card balance and losing money if the price moves quickly.
For example, if you were to use a credit card to buy Bitcoin, you could end up paying this:
- Price of BTC: $68,525.00 USD
- Purchase amount: $100 USD worth of BTC
- Estimated exchange fee (3%): $3.00 USD
- Total cost: $103.00 USD
If it took you three months to pay off your Bitcoin purchase at a credit card interest rate of 19.99% APR, you would pay an additional $5.15 USD in interest on top of what you originally paid to buy Bitcoin.
This example can help you compare the relative cost of buying Bitcoin with a credit card versus other lower‑fee methods like Interac e-Transfers.
You can check the table of Canadian crypto exchanges above to see which ones accept credit cards for buying Bitcoin, or visit our guide on buying crypto with a credit card for more details.
Can I buy Bitcoin with a debit card?
Yes, it is possible to buy Bitcoin with a debit card, as most Canadian crypto exchanges accept debit cards as an instant payment method.
To buy Bitcoin with a debit card, you'll typically need to go through the standard steps to purchase crypto on your preferred platform and then select debit from the list of payment options (e.g. Interac e-Transfer, debit card, credit card) before completing your purchase.
Just note that there are often higher fees for crypto purchases with cards (both debit and credit) compared to paying with Interac e-Transfer or with another cryptocurrency.
Where could 's price be heading?
Bitcoin's price is expected to rise to US$87,125 by year-end 2025, according to the average prediction from Finder's panel of fintech specialists. Panelists also predict that BTC will hit US$220,708 by 2030.
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Is buying Bitcoin crypto a good investment?
Like any cryptocurrency, buying Bitcoin can be risky. But there are precautions you can take to help mitigate risk. Consider these general factors before investing in Bitcoin:
- Price volatility: Bitcoin's price is largely based on speculation, meaning it can rise or fall quickly. For example, Bitcoin's price has decreased by -3.35% in just the last seven days.
- Transactions can't be reversed: Once you submit a transaction to the crypto network, it can't be cancelled or reversed. Double-check the receiving address before submitting a Bitcoin purchase order or moving Bitcoin off an exchange. One good way to do this is to verify the first and last four digits of the wallet address before sending. There is no way to refund Bitcoin sent to the wrong address.
- Regulatory uncertainty: The regulatory environment for Bitcoin and other cryptocurrencies is constantly changing. It's important to understand how international rulings have the potential to impact Bitcoin's future—for better or worse.
Where to store your Bitcoin once you buy it
There are two main options for storing Bitcoin once you've bought it—keep it on an exchange or store it in your own personal wallet. Take a look at our guide to the best crypto wallets in Canada to see our top picks.
While it can be more convenient to leave your Bitcoin on an exchange, you're vulnerable to risk if the exchange gets hacked or compromised in another way.
It's generally much safer to store your crypto on a software or hardware wallet, which gives you full control and custody of your coins.
How is Bitcoin taxed in Canada?
Like all crypto, Bitcoin is considered a commodity for tax purposes by the Canada Revenue Agency (CRA). That means it will be taxed similarly to other investments like stocks and ETFs.
Money you get from selling Bitcoin can be treated as income or capital gains. That said, the CRA will tax crypto profits differently if you're a casual Bitcoin buyer than if your crypto profits are classified as business income.
You can learn more about how crypto taxes work in our guide to crypto tax in Canada.
Bottom line
Keep in mind that buying Bitcoin can be risky. But if you decide to invest in Bitcoin, look for a regulated crypto exchange in Canada that supports BTC, and make sure to store your crypto securely.
Once you've bought Bitcoin, think about your short and long-term goals. Crypto markets can be very volatile, so keep an eye on Bitcoin's price over time to decide whether to keep it on an exchange, sell it or move it to your wallet.
Frequently asked questions about buying Bitcoin in Canada
Sources
Disclaimer: Cryptocurrencies are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the cryptocurrencies discussed.
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