Post
Topic
Board Bitcoin Discussion
Re: Buying BTC in Canada
by
UmerIdrees
on 26/01/2022, 07:03:03 UTC
I started investing in BTC since the middle of last year, but for some reason it's always a rigamarole. A lot of financial institutions here make it difficult or impossible to buy BTC.

After finding out both my bank and credit card companies don't allow crypto purchases, I got a Mogo card (back when they'd give you satoshis for purchases).

I bought some crypto directly through that, but then found they won't allow me to transfer to my Ledger. I then tried buying with my Mogo to my ledger. That worked once but now it's getting declined, and their customer service is non-existent.

What do other Canadians use to buy BTC. Do you run into the same problems? Any suggestions?

Well, are you not able to buy bitcoins from any P2P dealer or exchange?  If in the country you can't buy bitcoin directly through debit or credit cards then the P2P is the best and most secure option. You will find lot of dealers at exchanges like local bitcoins.
I am from Pakistan and this method works best for me because we are also unable to buy bitcoins directly.