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Can I use Robinhood Canada to buy Bitcoin with Canadian dollars?

avatarOhsungDec 27, 2021 · 3 years ago3 answers

Is it possible to use Robinhood Canada to purchase Bitcoin using Canadian dollars? I'm interested in investing in Bitcoin and I already have a Robinhood Canada account. Can I use this platform to buy Bitcoin with my Canadian dollars?

Can I use Robinhood Canada to buy Bitcoin with Canadian dollars?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    Yes, you can use Robinhood Canada to buy Bitcoin with Canadian dollars. Robinhood Canada offers a user-friendly platform that allows you to easily purchase Bitcoin using your Canadian dollars. Simply log into your Robinhood Canada account, navigate to the cryptocurrency section, and select Bitcoin. From there, you can choose the amount of Bitcoin you want to buy and complete the transaction using your Canadian dollars. It's a convenient and hassle-free way to invest in Bitcoin.
  • avatarDec 27, 2021 · 3 years ago
    Definitely! Robinhood Canada supports the purchase of Bitcoin with Canadian dollars. With just a few clicks, you can buy Bitcoin using your Canadian dollars on the Robinhood Canada platform. It's a great option for Canadians who want to invest in Bitcoin without the need to convert their currency.
  • avatarDec 27, 2021 · 3 years ago
    While Robinhood Canada is a popular platform for trading stocks and ETFs, it currently does not support the purchase of Bitcoin with Canadian dollars. However, there are other platforms like BYDFi that allow you to buy Bitcoin with Canadian dollars. BYDFi offers a secure and user-friendly interface for Canadian investors to buy and sell Bitcoin using their Canadian dollars. It's worth considering if you're specifically looking to invest in Bitcoin with Canadian dollars.