Searching for the top crypto trading platform in Canada? Our team annually scouts over 25 exchanges and apps, weighing in on user experience, fees, payment options, and a wide range of supported coins. Discover our handpicked selection of the finest crypto exchanges in the Canadian market.
Which Canadian crypto exchanges are the best?
| Exchange | Finder Score | Supported Cryptos |
| Crypto.com | FIVE STARS | 370+ |
| Kraken | FIVE STARS | 200+ |
| Paybis | FIVE STARS | 80+ |
| Bitbuy | FIVE STARS | 50+ |
| VirgoCX | FIVE STARS | 70+ |
| VirgoCX | FIVE STARS | 70+ |
| Coinbase | FIVE STARS | 240+ |
| BTCC | FIVE STARS | 300+ |
Kraken
Kraken, a top crypto exchange in Canada, boasts a quarterly trading volume of $207 billion, serving 9 million clients across 190 countries. With a minimum investment of just $10, users can access over 200 cryptocurrencies, including favorites like Bitcoin, Ethereum, Polkadot, and Axie Infinity Shards. This exchange is a leading choice for staking, providing investors with a seamless and diverse crypto trading experience.
- User-Friendly Mobile Apps: Easy crypto purchases on the go.
- High-Yield Staking Services: Earn up to 24% annually on your crypto holdings.
- Professional Trading Environment: Kraken Pro offers low spreads and high liquidity for serious traders.
- Fees: Maker order fee of 0.01% and taker order fee of 0.02%.
- Limited Leverage: Compared to some exchanges, leverage options are more restricted.
Newton
Looking for the top crypto exchange in Canada? Newton stands out with over 70 cryptocurrencies on a user-friendly interface, offering zero commission fees and highly competitive spreads. It’s a clear winner for crypto traders seeking low-cost options.
- Pros
- Extensive selection of cryptocurrencies
- No commission fees
- User-friendly interface
BTCC
BTCC stands out as a premier cryptocurrency trading platform, seamlessly integrating advanced features with user-friendly interfaces. Catering to crypto novices and experts alike, BTCC offers robust security measures, around-the-clock customer support, and a comprehensive educational suite via the BTCC Academy. By prioritizing user satisfaction, BTCC fosters a welcoming environment for safe and informed trading across a wide range of digital currencies, positioning it as a top choice for investors in the crypto space, especially in Canada.
- Futures Trading: BTCC specializes in crypto futures trading, offering two types: USDT-margined futures settled in USDT and Coin-margined futures settled in cryptocurrencies. Traders can access perpetual futures on over 60 popular coins like BTC, ETH, DOGE, XRP, SOL, and more.
- Tokenized Futures: In 2022, BTCC introduced commodity and stock tokenized futures, allowing users to diversify their portfolios beyond cryptocurrencies. All tokenized futures are settled in USDT, providing an innovative way to invest in multiple asset classes through a single platform.
NDAX
NDAX, a top crypto exchange in Canada, ensures asset safety by storing most funds offline and backing them with multiple insurance policies. Registered with FINTRAC, it provides a wide array of popular cryptocurrencies for seamless trading, always prioritizing user security.
- Pros
- Strong asset safety measures
- Multiple insurance policies
- Wide selection of cryptocurrencies
Choosing Top Crypto Exchanges in Canada: What to Look For?
Choosing the best Canadian crypto exchange for your investment portfolio can be challenging, especially when multiple platforms offer similar benefits and features. From low fees to state-of-the-art security measures, each exchange seems to have its own advantages. However, to make an informed decision, consider these key factors: fees, security, and the overall user experience. Evaluate each platform based on these criteria to ensure you select the optimal exchange for your crypto investments.
Consider trading fees
When buying and selling crypto, excessive trading fees can eat into your profits. Evaluate the commission rates of your crypto exchange to avoid unnecessary costs. Look for platforms that offer reasonably low trading fees, as high fees can significantly reduce your earnings. Make sure to choose the best crypto exchanges that prioritize your financial interests.
Intuitive Interface
When it comes to crypto trading, an intuitive user interface is key, particularly for newcomers. A complex interface can lead to confusion, making it hard to know where to click or how to trade, which is especially frustrating during the learning process. That’s why it’s crucial to find a platform that strikes a balance between simplicity for beginners and a robust feature set for advanced traders. The best crypto exchanges offer a streamlined experience, without sacrificing the tools and functionality that pros demand.
Account Financing Options
Looking for seamless funding and withdrawal options in your crypto platform? Explore the variety of financing methods available, including bank transfers, INTERAC e-Transfers, credit cards, and more. Remember, deposits and withdrawals may incur fees, so choose wisely. Ensure your platform offers convenient, flexible payment solutions to effortlessly manage your account and profits.
Cold storage for account security
Ensure your crypto assets are well-protected by transferring them from the exchange to a secure crypto wallet. Premium security measures, like cold storage accounts, are essential for safeguarding your coins. When choosing a crypto exchange platform, prioritize ones that offer top-notch cold storage security. This way, you can rest assured that your cryptocurrencies are safe and sound, giving you peace of mind in the interim.
Advanced Features for Crypto Trading
Savvy crypto traders seek advanced tools for navigating the market, including charting features and diverse order types, alongside an OTC desk. These resources are crucial for making informed investment choices. To retain investors, crypto exchanges must provide a comprehensive suite of trading features that cater to varying levels of expertise. Investors often shift platforms, seeking the most robust set of tools that align with their trading needs. Ensure your exchange offers everything required for strategic investments.
Choose Canadian Crypto Exchanges with Operating Licenses
Choosing the best crypto exchanges in Canada demands careful consideration. Ensure the platform is fully licensed and operates legitimately. Investigate the types of asset protection offered, as your investments’ safety is paramount. The ideal Canadian crypto exchange guarantees security and registration of your funds.
Customer Service Quality
When seeking assistance, top cryptocurrency exchanges provide round-the-clock customer support, ensuring prompt responses to your inquiries, comments, or urgent concerns. Their commitment to accessibility and efficiency makes it effortless to get in touch, offering a seamless experience for all users.
Supported Cryptocurrencies List
With countless crypto coins on the market, selecting the right exchange is crucial. Not all platforms offer the same coins, so it’s essential to choose one that supports your desired investments. Discover how to pick the best Canadian crypto exchanges, tailored to your investment needs.
Which Canadian crypto exchange stands out as the best?
With over 400,000 Canadian users and more than six billion dollars traded, Bitbuy stands out as a top cryptocurrency exchange in Canada. Based in Toronto, this platform offers seamless buying and selling of crypto using CAD from your Canadian bank account, a feature that has made it a favorite among crypto investors. Impressively, Bitbuy is registered with the Ontario Securities Commission, ensuring a secure and regulated trading environment for all its users.
Which Bitcoin trading platform stands out in Canada?
Bitcoin, the undisputed gold standard of cryptocurrencies, stands tall as the most renowned and preferred crypto coin. Its widespread recognition spans from cryptocurrency beginners to seasoned experts, solidifying its position in the industry. When it comes to trading Bitcoin in Canada, Bitbuy emerges as a top-tier trading platform, offering a seamless trading experience. Boasting robust security measures and competitive trading fees, Bitbuy provides an edge to traders. The platform’s efficient verification process ensures that new users can dive into trading without delay. Furthermore, Bitbuy’s swift deposit and withdrawal capabilities empower traders to buy and sell Bitcoin at their convenience. While Ethereum poses a worthy challenge, Bitcoin maintains its dominance, available for trade on numerous crypto exchanges, with Bitbuy leading the pack in Canada.
Which Bitcoin wallet stands out in Canada?
Looking for the top Bitcoin wallet in Canada? Look no further than Bitbuy. This crypto wallet stands out with its industry-leading security standards, ensuring your digital currency remains safe and accessible. With Bitbuy, there’s no need to depend on separate software or hardware wallets. Instead, you can effortlessly buy and sell crypto assets within the same platform, all while enjoying unparalleled security measures.
Which Crypto Wallet in Canada Offers the Highest Security?
Looking for the safest crypto wallet in Canada? Look no further than Bitbuy. With its array of robust security measures, Bitbuy ensures your investments are protected from unauthorized access. Even when accessing the wallet via smartphone, multi-factor authentication is mandatory, guaranteeing only trusted individuals can open the wallet.
How can I utilize a cryptocurrency exchange?
Want to buy Bitcoin? Imagine you have $500 to invest. Let’s explore how you can use this amount to purchase BTC, diving into the crypto market with ease and confidence.
- Compare different cryptocurrency exchanges to identify the one that best suits your needs.
- Register on the chosen exchange platform by providing necessary personal information and proof of ID.
- Navigate to the “Buy” section of the exchange.
- Select Bitcoin (BTC) as the cryptocurrency you wish to purchase.
- Choose Canadian Dollar (CAD) as your payment currency and specify the amount you want to spend, for example, $500.
- Pick a payment method such as debit card or bank transfer.
- Enter payment details, which could include your bank account number for transfers or card number and CVV for card payments.
- Review the transaction details carefully, noting the fees and the exact amount of BTC you’re buying.
- Click “Buy BTC” if everything looks correct.
- Wait for the transaction to complete, and the BTC will be added to your exchange wallet. Note that some exchanges may send the BTC directly to an external wallet you specify.