How to start trading cryptocurrency (BTC/ETH/DOGE) in Canada

1. Register with an exchange 
   
1. Binance Cryptocurrency Exchange
   referral link: https://www.binance.com/en/register?ref=72626669
• Popular, high-volume and highly liquid
• Low fees
• Trusted online
• Supports a lot of coins including DOGE
2. Newton
   referral link: web.newton.co/r/BZY8MO
• Canadian exchange FINTRAC-regulated platform
  
• 0 fees (they make a profit from exchange rates)
  
• Funding options include Interac e-Transfer, wire transfers, pre-authorized debit, and crypto
2. Register a crypto wallet
   It is recommended to store coins long-term in a wallet rather than in exchanges’ accounts for security reasons. Although in the case of day trading, it makes more sense to keep them in exchanges considering transfers are slow.
• Mobile Trust Wallet
  https://trustwallet.com/dogecoin-wallet/
• An open-source mobile wallet that allows you to send, receive and store a wide range of cryptocurrencies including BTC/ETH/DOGE
• The official wallet of Binance
• Security reviewed by https://uploads-ssl.webflow.com/5a88babea6e0f90001b39b0d/5a8bf07cd906b1000190b6a7_trust-wallet-exec-checklist.pdf
• Alerts for significant price changes
• Hardware Ledger Nano X
  https://shop.ledger.com/pages/ledger-nano-x
• Mobile compatible
• Familiar and secure
  
• Expensive
3. Deposit funds
   Apparently, it is beneficial to fund Newton first in order to avoid cash advance fees and then transfer to Binance. On Newton, once it's funded go to Withdraw, to Wallet, enter your Binance wallet address for the currency you are transferring.
4. Trade on Binance
   https://www.bitdegree.org/crypto/tutorials/how-to-use-binance#how-to-use-binance-for-basic-trades
5. Withdraw from Binance to your wallet (beware of transaction fees)
   https://www.binance.com/en/support/articles/115003670492-How-to-Withdraw-from-Binance
6. In order to sell coin
   
1. Deposit from the wallet to the exchange account
2. Sell
3. In order to transfer from Binance to Newton paying less, it is possible to convert a crypto coin to XLM and transfer that.
4. Withdraw to the bank account
   https://newtoncrypto.zendesk.com/hc/en-us/articles/360052518713-How-do-I-withdraw-fiat-money-CAD-from-my-Newton-account-
   Newton has a maximum withdrawal limit per transaction is $10,000 CAD.
   
5. P.S. declare any profit as a capital gain - there’s a tax calculator for frequent traders https://koinly.io/canada/ (reviewed by https://blockonomi.com/koinly-review/) 
7. In order to earn interest (up to 9.3% per year depending on the cryptocurrency) from your cryptocurrency, can register with BlockFi and deposit it there.
   referral link: https://blockfi.com/?ref=869d04c5