Best Way To Buy Crypto & Bitcoin With Questrade! 🚀

buy crypto questrade
Mike Harry
Feb 2024
4 min to read
Fact checked

Summary: Questrade clients who want to buy cryptocurrencies like Bitcoin (BTC), have to use exchanges like Uphold. This exchange is regulated in Canada by FINTRAC and is suitable for beginners who want a safe and easy way to invest in digital assets. Get started today by signing up (only takes a few minutes) and deposit money via bank or credit/debit card transfer. Buying your favourite cryptocurrency has never been this safe and easy!

Uphold

+300 cryptos & Staking

Fast & Free Bank Deposits

Regulated: US, CA, EU, UK, AU

100% Proof Of Reserves

Visit Uphold
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 Questrade?

It is not possible to buy cryptocurrencies directly from Questrade as they only offer access to crypto-related stocks and ETFs. This means that customers of Questrade can't get direct exposure to the underlying crypto assets.

How to buy crypto with Questrade?

The first step towards invest in cryptocurrencies is to sign up for a secure and FINTRAC-regulated exchange like Uphold.

For users with a Questtrade 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 Questrade account or credit card/debit card. 
3. Start Buying:
Once your deposit has arrived in your account.
Buy crypto with Questrade & Uphold
Buy crypto with Questrade & Uphold

Is Questrade crypto-friendly?

Questrade is crypto-friendly as it offers crypto-based stocks and ETFs that enable investors to gain exposure to the cryptocurrency market.

Does Questrade offer crypto?

Questtrade offers indirect access to the cryptocurrency market through crypto-related stocks and ETFs. Customers of Questrade can't gain direct exposure to cryptocurencies like Bitcoin, Ethereum, Solana and others.

For those that wish to buy cryptocurrencies in order to withdraw them to a cold wallet or to stake them, they will have to signup to a regulated exchange like Uphold.

About Questrade

Questrade is a Canadian online brokerage firm founded in 1999 that has grown to become one of the largest online brokerages in Canada. 

Questrade website
Questrade website

Questrade is headquartered in Toronto and is a member of the Investment Industry Regulatory Organization of Canada (IIROC) and the Canadian Investor Protection Fund (CIPF).

Questrade's platform provides access to a wide range of investment products, including stocks, exchange-traded funds (ETFs), options, and bonds, as well as self-directed investing and robo-advisory. 

Questrade is estimated to have over 1 million customers with over $30 billion in assets under management. 

Uphold

+300 cryptos & Staking

Fast & Free Bank Deposits

Regulated: US, CA, EU, UK, AU

100% Proof Of Reserves

Visit Uphold
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.

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