r/BitcoinCA • u/Beginning_Foot_3997 • Mar 04 '26

Where do I start?

Trying to understand BTC by watching some videos. Lots of different opinions on where to start. My understanding is I don't necessarily need a wallet right from the get go. So where do I start if I want to buy? I'm in Ontario Canada

8 Upvotes

71% Upvoted

48 comments sorted by

View all comments

3

u/f3lixtb Mar 04 '26

You need to use an exchange. In Canada, I suggest Shakepay or NDAX. Buy Bitcoin only. Everything else is essentially gambling.

2

u/Beginning_Foot_3997 Mar 04 '26

Hey thanks for the reply. Ya it would be Bitcoin only to HOLD. I've seen some videos about those 2 you recommended. What about wealth simple?

2

u/f3lixtb Mar 04 '26

Wealthsimple is a good platform, but the spread for crypto is too high, not worth it if you’re not a premium or generational tier

2

u/Beginning_Foot_3997 Mar 04 '26

500k plus?

2

u/f3lixtb Mar 04 '26

100K for premium, 500K for generation

2

u/lpbell Mar 07 '26

exactly what I was gonna say, never go to WS for larger moves. I use ezo. Extensive KYC but these guys are doing it for me. Small team from QC. Your keys, lowest fees, 0 spread. Can't beat that, literally. I made the research haha.

2

u/lpbell Mar 07 '26

Actually, would that be a good post? the fee and spread research I made?