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The BEST Place to Buy BITCOIN in CANADA in 2024... and the WORST!I think the best way is simply an e-transfer through icon-sbi.org, Shakepay or Coinbase. In theory, all crypto transactions are self-reported in Canada. On most tax software this is done under the capital gains section for 'virtual. Long story short, it's taxed as capital gain. By definition, you can only do capital gain or loss when you sell something. What you're actually.