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How To Buy Cryptocurrency In Canada For Beginners (Step-by-step Guide)Join the only Regulated Cryptocurrency Marketplace in Canada. Low fees & top security at Bitbuy� when you buy Bitcoin, Ethereum & more. Start trading today! Step 4: Choose 'Other' as your payment method. Steps to Buy Cryptocurrency in Canada � 1. Create an account with an exchange � 2. Complete the KYC verification process � 3. Make a fiat deposit � 4. Buy.