Choosing the right crypto exchange in Canada can make a significant difference in your trading experience, security, and overall returns. With so many platforms available—each offering unique features, fee structures, and security protocols—it's essential to understand which ones stand out for Canadian users. After thorough evaluation of user experience, supported cryptocurrencies, deposit methods, fees, regulatory compliance, and security measures, we’ve curated a list of the 12 best crypto exchanges and apps in Canada for July 2025.
Whether you're a beginner looking for an intuitive interface or an advanced trader seeking low fees and powerful tools, this guide covers top platforms tailored to diverse needs.
Top Crypto Exchanges in Canada: Quick Overview
- Best overall crypto exchange in Canada: Coinbase
- Best for advanced traders: Kraken
- Best for self-custody: Paybis
- Best for beginners: Bitbuy
- Best for investment features: Bitget
- Best automated trading platform: VirgoCX
- Best for low fees: Crypto.com
- Best crypto broker in Canada: Netcoins
- Top Canadian-based app: Wealthsimple
- Best user experience: Newton Crypto
- Most supported coins: Changelly
Best Overall: Coinbase
With over 280+ cryptocurrencies supported and seamless integration with Canadian banking systems, Coinbase remains the top choice for most users in Canada. It’s beginner-friendly yet robust enough for experienced traders.
Why It Stands Out
- Trusted global platform: One of the largest exchanges by trading volume, Coinbase holds over $400 billion in assets and operates in more than 100 countries.
- Free Interac e-Transfer deposits: No cost to fund your account using Canada’s most popular transfer method.
- Educational rewards: Earn free crypto by watching short learning videos and completing quizzes.
- Regulatory compliance: Registered with the Ontario Securities Commission (OSC) and Canadian Securities Administrators (CSA).
👉 Discover how easy it is to start trading on a globally trusted exchange.
Key Features
| Feature | Details |
|---|---|
| Supported Cryptos | 280+ |
| Fiat Currency | CAD only |
| Deposit Methods | Interac e-Transfer, debit card, PayPal, EFT |
| Trading Fees | Taker: 0.05%–0.6%; Maker: 0%–0.4% |
Pros:
- Easy onboarding process
- High liquidity and fast transactions
- Strong regulatory standing in Canada
Cons:
- No credit card purchases in Canada
- Limited advanced trading options like futures
Best for Advanced Traders: Kraken
Kraken shines with its professional-grade tools, making it ideal for serious traders who demand precision and depth.
Why It Excels
- Kraken Pro platform: Offers advanced charting, real-time data, and customizable interfaces—free to use.
- Multiple order types: Includes stop-loss, take-profit, trailing stops, and iceberg orders.
- OTC desk: Ideal for trades over $100,000 CAD with personalized support and deep liquidity.
Fees & Access
| Deposit Method | Fee |
|---|---|
| Interac e-Transfer | 0.5% |
| Wire Transfer | $0–$35 |
| Apple Pay / Google Pay | Variable |
Trading fees start as low as 0.1% taker fee for high-volume users.
Pros:
- Over 270 cryptos available
- 24/7 customer support
- Pre-registered with OSC
Cons:
- Higher fees for small-volume traders
- Pro verification may take days
Best for Self-Custody: Paybis
For users who value control over their assets, Paybis supports non-custodial wallets and peer-to-peer trading across 80+ cryptocurrencies.
Why Choose Paybis?
- True self-custody model: You manage your private keys—perfect for security-conscious investors.
- Global accessibility: Available in over 180 countries.
- Flexible payment options: Apple Pay, Google Pay, SWIFT, AstroPay, and cards.
⚠️ Note: While Paybis allows custodial wallets elsewhere, this feature is not available in Canada.
Fee Structure
- Fiat-to-crypto: ~4.5% processing + 6.99%–8.99% service fee
- Minimum transaction: $5 USD
👉 Learn how to take full control of your digital assets today.
Pros:
- Supports direct wallet transfers
- Low entry barrier with minimal KYC
- Wide range of payment methods
Cons:
- Opaque fee structure
- Only allows selling of ~8 major cryptos
Best for Beginners: Bitbuy
As the first registered crypto marketplace in Canada, Bitbuy offers peace of mind through regulation and robust security.
Key Advantages
- Free deposits and withdrawals via Interac e-Transfer
- Over 90% cold storage of digital assets
- Insured holdings via BitGo insurance coverage
- Fully registered with FINTRAC, OSC, and CSA
Supported Assets
- 60+ cryptos including BTC, ETH, SOL, DOGE
- Only supports CAD fiat currency
Trading Fees:
- Standard: 0.5%–1.85% spread
- Bitbuy Pro: 0%–0.5% maker/taker fees
Pros:
- Beginner-friendly mobile app (iOS & Android)
- Strong regulatory credentials
- Free transfers
Cons:
- No margin trading
- Limited fiat support
Best Investment Features: Bitget
With access to 870+ cryptocurrencies, staking, NFTs, copy trading, and a Web3 wallet, Bitget is a powerhouse for feature-rich investing.
Standout Tools
- Copy trading: Follow and mirror trades from over 180,000 successful traders.
- Bitget Card (VIP only): Spend crypto directly at merchants.
- Dual-platform access: Centralized exchange + P2P marketplace.
Fees & Accessibility
| Trading Fee | Range |
|---|---|
| Maker | 0.02%–0.10% |
| Taker | 0.032%–0.10% |
Free deposits and instant buy options enhance usability.
Pros:
- Massive coin selection
- Innovative tools like social trading
- Multi-language support
Cons:
- Not yet regulated in Canada
Best Automated Trading: VirgoCX
VirgoCX enables dollar-cost averaging (DCA) through recurring buys and offers tiered rewards that can reduce spreads by up to 90%.
Why It’s Great for Automation
- Recurring buy schedules
- Free Interac and wire transfers
- OTC desk for large trades ($50K+) with 24/7 liquidity
Core Metrics
| Supported Coins | 40+ |
|---|---|
| Fiat Currencies | CAD, USD |
| Minimum Outbound e-Transfer | $3,000 CAD |
👉 See how automated strategies can grow your portfolio over time.
Honorable Mentions
| Platform | Highlights |
|---|---|
| Crypto.com | Low fees (as low as 0%), NFT marketplace, DeFi wallet, crypto debit card |
| Netcoins | Flat 0.5% trade fee, prepaid Mastercard with BTC rewards |
| Wealthsimple Crypto | All-in-one app for stocks, ETFs, and crypto; $1 minimum trades |
| Newton Crypto | Free deposits/withdrawals, TradingView charts, Koinly tax reporting |
| Changelly | 920+ cryptos supported; non-custodial; flexible third-party fiat gateways |
How to Choose the Right Exchange in Canada
Consider these key factors:
🔐 Security & Regulation
Look for platforms registered with FINTRAC, OSC, or CSA. Cold storage percentages and two-factor authentication (2FA) are critical.
💸 Fees
Compare deposit, trading, and withdrawal costs across platforms. Some charge hidden markups on spreads.
📱 User Experience
High app ratings (Google Play & App Store), intuitive design, and responsive customer support matter—especially for new users.
🧩 Features
Do you need staking? Copy trading? Tax reporting? Ensure the platform aligns with your goals.
Frequently Asked Questions (FAQ)
❓ Is cryptocurrency legal in Canada?
Yes. Buying, selling, and holding cryptocurrency is fully legal in Canada. However, all exchanges must comply with anti-money laundering (AML) regulations and register as Money Service Businesses (MSBs).
❓ Are crypto exchanges safe?
Most reputable platforms use encryption, cold storage (often over 90%), and mandatory KYC verification. However, no system is immune to hacks—never store large amounts long-term on any exchange.
❓ Can I buy crypto with Interac e-Transfer?
Yes—most top Canadian exchanges including Coinbase, Bitbuy, Kraken, and Newton support Interac e-Transfer for deposits.
❓ Do I pay taxes on crypto in Canada?
Yes. The Canada Revenue Agency (CRA) treats cryptocurrency as a commodity. Capital gains tax applies when you sell or trade crypto at a profit.
❓ Which exchange has the lowest fees?
Crypto.com offers some of the lowest trading fees (down to 0% for Prime members), while Netcoins provides a flat 0.5% rate across all trades.
❓ What’s the difference between a crypto exchange and a broker?
Exchanges match buyers and sellers directly; brokers sell crypto directly to customers at set prices. Brokers are often simpler but may have higher spreads.
Final Thoughts
The best crypto exchange in Canada depends on your individual priorities—whether it’s ease of use, low fees, regulatory compliance, or advanced tools. From Coinbase’s broad accessibility to Kraken’s professional features and Bitbuy’s local trustworthiness, Canadian investors have excellent options.
Always conduct due diligence before investing. Diversify across platforms if needed, prioritize security, and consider using non-custodial wallets for long-term holdings.
By aligning your goals with the right platform, you can trade confidently and securely in Canada’s evolving digital asset landscape.
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