Yes, you can buy $100 of Bitcoin.
How much Bitcoin can I buy with $100?
You will receive 0.0027 BTC for $100 CAD.
This is at the current Bitcoin price of $37,412.78 CAD or $29,204.70 USD for 1 Bitcoin.
The price of Bitcoin is very volatile and can fluctuate up and down greatly.
These are some of the most common cryptocurrency scams people fall for.
Most of these are scams common sense and can be boiled down to:
When using Bitcoin and crypto you are responsible for your own funds.
Any transacions you send are irreversable and non refundable.
You need to be very careful online. Even the most educated internet security professionals can fall for any of these cryptocurrency scams.
Get $0 sign-up bonus when you trade $0 CAD or more. Netcoins is an easy-to-use exchange. Deposit USD into a Canadian bank account. Read my Netcoins Review
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:
It may take up to 24 hours for the $5 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
Buying and selling digital assets like Bitcoin and Ethereum all require similar processes, security, and personal responsibility to best secure your cryptocurrency. Convert ETH to CAD.
Get $25. Wealthsimple lets you trade Bitcoin, and stocks in one app.
Get $25 sign-up bonus when you trade $100 CAD or more. Newton is great for ease of use, low spread fees, and lots of altcoins. Read my Newton Review
Get $10 sign-up bonus when you trade $100 CAD or more. NDAX is good for trading larger amounts with low spread fees. Read my NDAX Review
I want this post to show beginners a simple click-by-click, screen-by-screen what to expect, and some best practices to follow when buying Bitcoin on Shakepay and sending it to your wallet.
You can use any wallet you like, I just chose Exodus wallet randomly for this example.
Sending and receiving crypto transactions all work in a similar way on all exchanges and wallets: send to a receive address.
After you have sent and received a few cryptocurrency transactions it becomes as easy as sending and receiving text messages.
The steps in this guide are similar on all crypto exchanges and wallets. Get a $20 sign-up bonus when you sign up to Shakepay.
Get $20 sign-up bonus when you trade $100 CAD or more. Shakepay is a great exchange for beginners. Read my Shakepay Review
nooxli is a simple guide for beginners to get started with cryptocurrency in Canada. We also review and compare crypto exchanges and wallets.
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