Canada is home to many of the world’s largest crypto exchange so it is no secret that buyers have many options to choose from.
Best crypto exchange in the Canada to buy bitcoin.
1. Coinbase
Coinbase is the dominant U.S. cryptocurrency exchange that is known, used and trusted by millions of customers worldwide. The world-class user interface is both colorful and accessible and there is even a mobile app available for Android and iOS.
Coinbase accepts deposits in USD, EUR, GBP, CAN, AUS, and SGD.
Pros
Established reputation User-friendly interface High liquidity Large purchasing limits Strong security
Cons
Support takes time to respond Slow bank transfers
2. Etoro
Since 2007, Etoro has been democratizing traditional money management in order to open the financial markets to everyone, everywhere.
Deposits may be made via online bank transfer, wire transfer, e-wallet (PayPal, Skrill, or Neteller), or bank card. Customers may withdraw funds from their Etoro account at any time, and without fees from the platform (though charges from your bank may apply).
Minimum first time deposit for US users is $50 USD and $200 USD for most countries.
Etoro accepts deposits in USD, EUR, GBP, and AUD.
Pros
Diverse selection of markets Excellent reputation User-friendly interface Great customer support Low fees
Cons
Bitcoins can only be withdrawn in the form of fiat currency
3. Binance
Binance is a first-rate exchange for experienced traders who are looking for a respectable cryptocurrency marketplace to perform real-time trades.
With over 166+ cryptocurrencies available, both beginners and advanced traders have a myriad of tools and pairs available to them within one powerful trading platform.
Binance accepts deposits in over 50+ currencies including USD, EUR, JPY, KRW, GBP, AUD, RUB, and many more.
Pros
Trustworthy management High volume exchange Low fees A large number of cryptocurrency pairs Global support
Cons
Few payment options
4. CEX IO
CEX.IO is a multifunctional cryptocurrency exchange that is trusted by millions of customers worldwide and allows users to buy bitcoin with a credit card or debit card seamlessly.
CEX.IO boasts multiple payment options (SWIFT, SEPA, ACH, Faster Payments), 24/7 customer support, and proven platform stability.
CEX.IO accepts deposits in USD, EUR, GBP, and RUB.
Pros
Established and trustworthy Supported worldwide Low fees Simple credit card purchases Clean user interface
Cons
Verification procedure requires private information Lengthy verification time
5. OkCoin
OkCoin is the world’s leading digital asset exchange and provides attractive value for users with exceptional security, transparency, and professionalism.
The exchange is globally licensed with offices in San Francisco, Malta, Hong Kong, Singapore, Japan, and Korea.
OkCoin accepts deposits in USD, EUR, and SGD.
Pros
Excellent customer service Advanced trading tools Low fees
Cons
Tight verification
6. Paybis
Paybis is a digital and cryptocurrency exchange that specializes in fast and reliable transactions while providing a large number of payment options.
Paybis accepts deposits in USD, EUR, CAD, GBP, and JPY.
Pros
Large purchasing limits Wide range of payment options Intuitive and user-friendly interface Global support 24/7 Multilingual customer service
Cons
Bank transfers can take 1 to 5 days to complete Above-average fees
7. Kraken
Kraken is the world’s largest Bitcoin exchange and offers a vast selection of cryptocurrencies and internationally accepted funding methods.
Kraken Pro provides individual and institutional investors with advanced real-time trading and charting tools.
Kraken accepts deposits in USD, EUR, CAD, GBP, JPY, and CHF.
Pros
Respectable reputation Global support Reliable customer support Tiered verification Affordable fees
Cons
Few payment methods Sophisticated UI
8. XCOINS
XCOINS is a peer to peer lending platform on which buyers can buy bitcoins from sellers.
XCOINS accepts loan security deposits and purchases in USD.
Pros
Simple to get started A fast way to acquire bitcoins Great for making extra money on the side
Cons
High fees are incurred There is a low transaction limit for new users
9. Coinmama
Coinmama specializes in selling Bitcoin and cryptocurrencies instantly with a credit card, or with bank transfer and is one of the most popular exchanges in the world.
Coinmama accepts all currencies, in particular, USD, EUR, GBP, CAD, AUD, and JPY.
Pros
Available worldwide High purchasing limits Dependable and trustworthy Excellent leadership and customer support Fast and secure transactions
Cons
High fees when purchasing with a credit card or debit card Delay in processing time
10. Bittrex
Bittrex is one of the largest cryptocurrency trading platforms in existence and serves customers all over the world.
Bittrex currently accepts deposits in USD for fiat trading only.
Pros
A large number of cryptocurrency pairs Strong security Privacy
Cons
Customer support
11. Bitit
Bitit is developed, hosted, and regulated in Paris, France. BitIt is one of the most convenient platforms for buying and selling crypto-assets.
Bitit accepts deposits in USD, EUR, GBP, JPY, AUD, CAD, CNY, HKD, KRW, SGD, ZAR, DKK, SEK, NOK, and TRY.
Pros
Supports many currencies Large selection of cryptocurrencies High purchasing limits Ledger and Trezor wallet support
Cons
Lengthy verification
12. Gemini
Gemini is a simple, elegant, and secure way to build your bitcoin and crypto portfolio. Gemini has low fees and a strong reputation.
The dashboard makes it easy for investors to view a snapshot of their holdings upon login.
Gemini accepts deposits in USD, AUD, CAD, EUR, GBP, and HKD for trading.
Pros
Ability to set real-time market limit orders Low fees Clean user interface Strong reputation Great customer support
Cons
Exclusive to a limited number of countries
13. Changelly
Changelly is an instant cryptocurrency exchange which supplies the best live rates on the market for every pair. The interface is colorful and simple to manage, and transactions are performed instantly.
Changelly accepts USD, EUR, and GBP for buying cryptocurrency.
Pros
Fast Private Low fees High exchange limits 24/7 live chat support
Cons
Limited payment methods
14. Poloniex
Poloniex is ideal for those seeking a cryptocurrency trading platform with a large array of technical analysis tools.
Poloniex currently accepts deposits in USDC.
Pros
Hundreds of trading pairs Multifunctional user interface Wealth of trading and analysis tools
Cons
Can be complicated for beginners
15. Abra
Abra is an all-in-one cryptocurrency wallet and exchange app available on both iOS and Android platforms.
International Abra users can see all 54 fiat currencies. Citizens in canada can only see TUSD.
Pros
Many payment methods Diverse cryptocurrencies supported
Cons
Slow customer support Mobile only
16. Bitsquare
Bitsquare is a peer to peer exchange that allows users to buy and sell bitcoins and exchange them for other altcoins and fiat currencies.
If you value your security as a trader, then Bitsquare is the perfect bitcoin trading platform especially if you love remaining anonymous.
Bitsquare users can buy and sell bitcoin with all national fiat currencies.
Pros
Respectable reputation Supported globally No registration required Privacy Perfect for advanced traders
Cons
Few payment methods Not suitable for beginners
17. BitQuick
BitQuick is an instant bitcoin marketplace that allows buyers to connect directly to sellers and make purchases via cash deposit or SEPA transfer. Buyers are guaranteed to receive their bitcoins within 3 hours of placing an order.
BitQuick accepts deposits in all fiat currencies.
Pros
Get paid within 3 hours 256 bit SSL encryption Simple user interface
Cons
Lack of payment options
18. Wall Of Coins
Wall Of Coins simplifies the buying and selling process of bitcoin by directly connecting merchants that are nearby one another.
Wall Of Coins accepts deposits in all fiat currencies.
Pros
Transparency Rapid cold storage Low minimum purchase requirement
Cons
ID Verification not necessary
19. Bitcoin ATM
Finding a Bitcoin ATM is a great way to buy bitcoin instantly if you have cash on hand. There is a Bitcoin ATM in every region of the world.
Check out the Bitcoin ATM map on Coin ATM Radar to see if there is one near you.
Pros
Easily accessible Convenient Fun to use Physical kiosk with receipt and customer service
Cons
Distance to travel Higher fees than most exchanges