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May's avatar

What is your opinion on trading bitcoin using Wealthsimple Trade app for users with zero experience with bitcoin or trading for that matter?

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Keegan Francis's avatar

I like WealthSimple for that reason. Its an app you can use to achieve your financial goals with little to no experience in investing. The thing I don't like about buying Bitcoin through WealthSimple is that you cannot withdraw your Bitcoin at any point. I would use WealthSimple for trading and stocks, but I would use ShakePay for a super simple Bitcoin experience.

Check out the podcast where we answer this exact question - https://open.spotify.com/episode/6X5nylOuKF0fx0bbdcxOrm

Additionally, we wrote a little guide of sorts for getting started with ShakePay.

https://www.gofullcrypto.com/blog/get-bitcoin-in-canada-with-shakingsats

Hope this helps!

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