Buying and storing cryptocurrency is made easy in Canada through the use of wallets that are designed for the purpose. Among the most popular options is the Ledger Nano S, which has earned a good reputation thanks to its robust security features and user-friendly interface. The Trezor Model T is another wallet that has gained a solid following thanks to its sleek design and support for multiple cryptos. Other top choices include the SafePal S1 Pro which is compact and supports a wide range of cryptocurrencies.
There are also a number of crypto ATMs in Canada that make it possible to purchase and sell Bitcoin for cash. However, it is best to use these ATMs for small amounts of currency to avoid being exposed to high transaction fees. For larger purchases, it is recommended to buy cryptocurrency on a reputable exchange like Beaver Bitcoin, Shakepay, or Coinbase. Find out theinvestorscentre.com
Trezor Model T Canada: Where to Buy & Why It’s the Best
Beaver Bitcoin is a non-custodial platform that makes it easy for Canadians to buy bitcoin instantly via Interac e-transfer. It then delivers the bitcoin directly to a Bitcoin wallet that only the user controls. It is a great option for beginners who want to try their hand at bitcoin investing without spending too much money.
For advanced users, the Phoenix wallet from Blockstream is one of the best bitcoin wallet in canada for its ability to handle Lightning transactions. It uses a hybrid approach that keeps the private keys on hardware devices, such as a phone or computer, completely disconnected from the internet and far less susceptible to hacks. The wallet is also open-source and features a self-custodial model that puts users in full control of their stack.