How to buy and sell bitcoin in Canada? Please visit LocalBitcoins for its exact pricing terms. It is due to this that many companies have focused on building their companies in Quebec. There are four ways how you can buy and sell bitcoin in Canada which include: Cryptocurrency exchanges. This is because only a part of that profit is taxable and at the applicable tax rate. Interac Online, on the other hand, has different brokers to carry out bitcoin operations easily by opening variety of options in front of people.