Summary: As it is not possible to buy cryptocurrencies like Bitcoin with Qtrade, we recommend using regulated exchanges like Uphold. This exchange is regulated in Canada by FINTRAC which means that you can buy crypto with peace of mind. It's perfect for beginners that want a safe and beginner friendly way to invest in 100s of cryptocurrencies. Signup today and make your first deposit via bank transfer or with your credit/debit card!
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
Can I buy crypto with Qtrade?
It is not possible to buy cryptocurrency directly on the Qtrade platform. Qtrade only offers indirect exposure to crypto which means the ability to buy stocks and ETFs related to the crypto industry.
. Investors who are looking for direct exposure have to turn to regulated cryptocurrency exchanges like Uphold.
How to buy crypto with Qtrade?
The first step towards invest in cryptocurrencies is to sign up for a secure and FINTRAC-regulated exchange such as Uphold.
For users with a Qtrade account, we recommend signing up to Uphold due to its beginner-friendly interface and wide range of cryptocurrencies.
Signing up is quick and free of charge. After successfully signing up, users can connect their account to the exchange to safely deposit USD/CAD.
USD/CAD deposits made via bank transfers (ACH) are free of charge, while transfers made via credit/debit cards incur a small fee.
Once the funds have been deposited into the user's account, they can start investing in cryptocurrencies such as Bitcoin, Ethereum, Solana, Cosmos, Polkadot, Cardano, Dogecoin among others.
How to sign up
1. Create Account: Signup and add your identity verification. 2. Deposit Funds: Via your Qtrade account or credit card/debit card. 3. Start Buying: Once your deposit has arrived in your account.
Is Qtrade crypto-friendly?
Qtrade is a crypto-friendly platform as it offers crypto-related stocks and ETFs to it's customers. The platform does however not offer direct exposure to the underlying cryptocurrencies like Bitcoin and Ethereum.
Does Qtrade offer crypto?
Qtrade does not offer direct exposure to cryptocurrencies. It does however offer indirect exposure to the cryptocurrency market through crypto-related stocks and ETFs.
About Qtrade
Qtrade is a Canadian online brokerage firm founded in 2000. The company is headquartered in Vancouver and is a member of the Investment Industry Regulatory Organization of Canada (IIROC) and the Canadian Investor Protection Fund (CIPF).
Qtrade offers a comprehensive range of investment products to individuals such as:
1. Self-directed investing where customers can invest in stocks, ETFs, options and bonds using Qtrade's online platform. 2. Robo-advisory which offers personalized portfolios based on customer's investment goals and risk tolerance. 3. Actively managed portfolios for those who prefer to have a professional manage their investments.
Qtrade is owned by Aviso Wealth and is assigned over $95 billion of investment assets on behalf of 500,000 clients. It has been ranked as the best Online Brokerage in Canada in an annual survey by The Globe and Mail.
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
Author
Mike Harry
Mike is a passionate crypto enthusiast who bought his first Bitcoin in 2016. With a natural curiosity and a love for learning and tinkering, Mike is always trying out new DeFi applications. Mike excels at breaking down difficult concepts into easy-to-read guides for beginners.