I want to exchange my Canadian dollars for Bitcoins. How can this be done? If it helps I have some American cash.

up vote 6 down vote accepted

As always, there is Local Bitcoins.

There are also a few exchanges that accept CAD deposits more than $100:

  • CaVirtEx isn't closed (anymore!) – abourget Oct 25 '15 at 1:52
  • Harborly is closing down. They recommend Coinbase (which isn't listed here either) and Quadriga. – abourget Oct 25 '15 at 1:53

Depending on how many you want, the fee/convenience structure changes. I'd break it up into three sizes.

Large (over $500, multi-day delivery):

https://CaVirtEx.com - Canadian Virtual Exchange (Biggest Canadian-based exchange)

https://CanadianBitcoins.com - Canadian Bitcoins (smaller Canadian exchange, not self-serve)

https://harbor.ly - Harborly (Buy bitcoins directly with your bank account)

Medium ($100 - $500, within hours):

https://LocalBitcoins.com - Local Bitcoins (classified ads for cash sales in your city)

http://Kijiji.ca - Kijiji (more cash deal listings)

http://Meetup.com - Meetup.com (Find local enthusiast meetups, lots of buy/sell)

http://mycelium.com/ - Mycelium Local Trader (Android App for finding Bitcoin sellers)

Small (Under $200, within minutes):

https://QuickBT.com - QuickBT (Instant, using Interac Debit, higher fee)

Now Closed:

https://www.LibertyBit.com/news - LibertyBit

https://MtGox.com - Mt Gox

https://btcQuick.com - btcQuick

Check out harborly. They let you buy bitcoin and litecoin directly with your Canadian bank account.

Instant exchange service I'm using myself and recommending to everyone else cause they don't store the coins and fiat, had recently expanded to Canada.

Check this out I believe this is exactly what you need: http://www.newswire.ca/news-releases/247exchangecom-covers-canada-with-instant-ways-of-buying-bitcoin-570478861.html

protected by Community Aug 11 '13 at 5:38

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