How To Buy Crypto: A Guide For Canadians Over 50 (Dec 2022)

December 1, 2022
Older couple buying cryptocurrency

Buying Bitcoin and other cryptocurrencies can be intimidating for young, tech-savvy millennials, so it's no wonder that older Canadians have a hard time, too. But investing in crypto doesn't need to be difficult: with the right process and the right tools, you can safely buy Bitcoin and other cryptocurrencies in 10 minutes or less.

In this post, I'm going to walk you through how to download and sign up for a crypto exchange where you can buy, sell and store cryptocurrencies. The best part? It's completely free.

What You Need

  1. An iOS (Apple) or Android smartphone. If you're reading this on a computer, make sure you have your phone with you as well.
  2. 10 minutes of time (5 mins to read + 5 mins to follow the instructions)

Basic Terminology

  • Cryptocurrency: A digital currency not backed by any government or central bank. Cryptocurrency is more commonly known as “crypto.”
  • Bitcoin: The most popular of all cryptocurrencies.
  • Wallet: A physical device or digital file for storing cryptocurrencies, similar to a bank account.

Step 1: Download ZenGo (2 mins)

Getting started with crypto really isn’t that difficult: you just need a place to buy it and a place to store it. Fortunately, the crypto landscape has become much simpler over the past 12-24 months, so now it's both easy and safe to buy and store your crypto in the same place. 

The #1 place for Canadians to buy and store their crypto is with ZenGo, a highly secure exchange that allows you to buy, sell, send and receive Bitcoin and other cryptocurrencies all from an easy-to-use mobile app.

Other benefits of ZenGo include:

  • Opening an account takes just 30 seconds
  • Free to sign up and use
  • 0.2% trading fees and zero hidden fees
  • The most secure exchange in Canada
  • Your crypto is fully secure even if your phone is lost, broken or stolen
  • Excellent customer support that answers most questions in 5 minutes or less 

I've personally tried out more than a dozen exchanges over the years and ZenGo is the best of them all. It has several more layers of security than other exchanges, and is simpler to use than most online banking or social media apps.

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Sign up by December 9, 2022.

Pro Tip: Use My Referral Link For A Great Signup Bonus

Be sure to use my referral link when signing up to get an excellent signup bonus (0% trading fees up to $1,000) when you sign up.

And that's it! You're done.

In Summary

At this point, you've got your wallet set up and ready to use. If you want to buy Bitcoin or other cryptocurrencies, you always can from right inside the ZenGo app.

If you have questions or run into any difficulties, reach out to ZenGo customer support inside the app and they'll get back to you ASAP.

I hope this helps!

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