Best Bitcoin Exchange 2022 - Comparewise

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Best Crypto Exchange

Bitbuy

$50
Welcome Bonus
$250
Min Investment
  • Trade 25+ coins
  • Fund with e-Transfer
  • Refer and get $40

Newton

$25
Welcome Bonus
$100
Min Investment
  • Trade 70+ coins
  • Fund with e-Transfer
  • Super low fees

CoinSmart

$20 BTC
Welcome Bonus
$100
Min Investment
  • Trade 16 coins
  • Fund with e-Transfer
  • Instand account verification

Coinberry

$30
Welcome Bonus
$50
Min Investment
  • Trade 29+ coins
  • Fund with e-Transfer
  • 0% deposit/withdrawal fees

VirgoCX

$30
Referral Bonus
$5
Min Investment
  • Trade 60+ coins
  • Make purches with crypto
  • Refer and get $30

Shakepay

$30
Welcome Bonus
2
Coins Available
  • Instant account verification
  • Fund through e-Transfer
  • Commission-free

Netcoins

$60
Welcome Bonus
22
Coins Available
  • 0% funding fee
  • Free cash withdrawals
  • Price alerts

NDAX

$100
Min Investment
34
Coins Available
  • Trade fees as low as 0.2%
  • Great for beginners
  • Instant account verification

Crypto.com

$20
Welcome Bonus
250
Coins Available
  • Earn up to 8.5% on crypto
  • Earn up to 14% on stable coins
  • Earn extra with staking

Best Bitcoin Exchange 2022

Finding the best bitcoin exchange to begin your crypto journey or top up your wallet balance can be a daunting task, especially when so many options are available. The problem is that most of these exchanges have similar features and services, which makes it difficult for users to choose one over another.

Looking for the best Bitcoin exchange? The hunt is over. Discover our top 15 picks for the best exchanges to buy, sell, & invest in Bitcoin.

So, how do you determine the best Bitcoin exchange? Well, factors such as security and fees should obviously be considered. Then it comes down to your preferences regarding the features you need and whether the exchange is convenient for you. Bitbuy, CoinSmart, Coinberry, Newton, VirgoCX, Shakepay, Netcoins, NDAX.io, Crypto.com, KuCoin, Gemini, Coinbase, Binance, Coinmama, and CEX.io are our top recommendations.

Thankfully, we’ve saved you from doing all this research on your own. To help you find the best Bitcoin exchange, we’ve combed through dozens of reviews and analyzed hundreds of user ratings. The result is a comprehensive list of the best exchanges that sell bitcoin in Canada.

Factors to Consider when Finding the Best Bitcoin Exchange

When looking for the best Bitcoin exchange, there are several factors you should consider:

Security

Some cryptocurrency exchanges offer more protection than others. Some offer two-factor authentication (2FA), requiring additional verification steps such as entering a code sent via text message or email. This adds an extra layer of protection against hackers and other malicious actors trying to steal your money.

Convenience

The convenience of using a particular exchange is vital because not everyone has time to research different platforms. Some exchanges provide instant buying and selling, while others require you to wait for confirmations. You want to find an exchange that offers both quick transactions and easy account management.

Fees

Some exchanges charge fees for specific actions, including sending money to or withdrawing money from your wallet. Fees vary by exchange, but they typically range between 0% and 5%. The lower the fee, the better.

Features

There’s no point in choosing an exchange that doesn’t have the tools you need. Some exchanges allow you to deposit fiat currency into your wallet, while others only accept cryptocurrencies. There are exchanges that let you trade BTC/USD, while others only allow trading BTC/CAD. And several exchanges allow you complete anonymity, while others require KYC (Know Your Customer).

Top Exchanges That Sell Bitcoins in Canada

We’ve compiled a list of our favourite exchanges based on the criteria listed above and rated them accordingly. In no particular order, here are the top exchanges that sell bitcoins in Canada:

Bitbuy

  • Serving 350,000+ Canadians
  • Over $4 billion traded
  • Refer a friend and get $40
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Get a $50 Bitbuy Welcome Bonus now when you sign up - Claim this offer

1.  Bitbuy

Bitbuy is one of the best bitcoin exchange platforms in Canada. Since its start in 2016, hundreds of thousands of Canadians have used the platform to trade more than $4 billion in digital assets. Bitbuy currently accepts 17 coins, including Ethereum, Bitcoin, Stellar, EOS, Bitcoin Cash, Chainlink, Litecoin, etc.

Bitbuy Features

With Bitbuy, you can use Interac e-Transfers, bank wires, and crypto transfers to finance your account. When it comes to security, Bitbuy is a registered MSB with FINTRAC, and 99% of its crypto assets are kept in cold storage.

It also uses 2FA to keep your account safe. Lastly, when you make your first deposit of $250 or more, you’ll get a $40 bonus.

Bitbuy-Mobile-App-Ios-Comparewise Best Bitcoin Exchange

Pros of Bitbuy

  • Ontario Securities Commission-approved Also registered with FINTRAC
  • Low trading fees and deposits
  • Supports Interac e-Transfer payments from $50
  • 24-hour customer service

Cons of Bitbuy

  • It supports only 17 cryptocurrencies
  • Requires $20,000 as the minimum for Bank wire transfer

Why Choose Bitbuy?

Bitbuy is ideal for beginner traders, but its Pro Trade platform also serves seasoned investors access to TradingView charts for easy technical analysis. Another reason we deemed Bitbuy to be the best bitcoin exchange platform in Canada is its excellent customer service, available 24/7.

CoinSmart

  • Smart trade feature for quick trading
  • Instant account verification
  • Fund through e-transfer
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Get a $50 CoinSmart Welcome Bonus now when you sign up - Claim this offer

2.  CoinSmart

CoinSmart was started in 2018 in Toronto and is now traded on the NEO Exchange under the ticker symbol “SMRT.” This platform offers the best bitcoin exchange in Canada because it makes trading very easy. With Coinsmart, you can buy and sell 16 of the most popular cryptocurrencies.

CoinSmart Features

Coinsmart has an app for iOS and Android phones and tablets. It has a custodial wallet, so new and experienced crypto traders can use it. Coinsmart would instantly verify your account, and your deposits would show up the same day. When you open a new account and deposit at least $200, you’ll get a $50 BTC bonus. Furthermore, bank transfers over $2,000 don’t cost anything.

Pros of CoinSmart

  • There are no fees for bank transfers of $2,000 or more.
  • Same-day deposits
  • Simple to use.
  • Built-in wallet for holding keys

Cons of CoinSmart

  • There are only 16 cryptocurrencies.
  • Charges of up to 6 percent on debit and credit card purchases

Why Choose Coinsmart?

CoinSmart uses cold storage and 2-Factor Authentication to keep account assets safe (2FA). With CoinSmart, you can add money to their accounts using Interac e-Transfer, bank wire, bank draft, credit and debit cards, and SEPA. Furthermore, they are registered with FINTRAC in Canada as a Money Service Business (MSB) and the Ontario Securities Commission as a restricted dealer (OSC).

Coinberry

  • Cheapest crypto exchange
  • Fund using e-transfer
  • Pay taxes using BTC
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Get a $50 CoinSmart Welcome Bonus now when you sign up - Claim this offer

3.  Coinberry

The company was started in 2017 and had its headquarters in Toronto. The platform works with more than 18 coins, including BTC, ETH, LTC, DOGE, etc. Coinberry has the best bitcoin exchange in Canada.

You can instantly deposit money with credit cards and INTERAC e-transfers. There are no fees for CAD deposits or withdrawals.

Coinberry Features

Gemini Trust Company LLC, a regulated custodian, keeps most of the coins in cold storage. 2FA is also used to protect accounts. Trading fees can be as high as 2.50 percent of the price spread per trade, but fiat currency deposits and withdrawals are free. Interac e-Transfer and wire transfer are both accepted by Coinberry.

Pros of Coinberry

  • Most customers are reviewed and verified right away.
  • Digital assets insured by Lloyd’s are kept in cold storage by Gemini Trust Company LLC.
  • Trades with one click for new traders
  • Offers automatic purchases of bitcoin (dollar-cost averaging)
  • There are no costs to deposit or withdraw cash.

Cons of Coinberry

  • They can charge up to 2.50 percent for price spread.
  • Simple trading platform with no advanced charting tools or limited order book for experienced traders.
  • Coinberry only allows certain coin withdrawals (BTC, LTC, XRP, and ETH). Other coins are withdrawn as fiat-only.

Why Choose Coinberry?

Coinberry’s autopilot feature is another reason why it is Canada’s best bitcoin exchange platform. This feature lets consumers buy cryptocurrency automatically using dollar-cost averaging.

Dollar-cost averaging is a top-performing investment strategy, and Coinberry is the only Canadian crypto exchange that offers it.

Newton

  • Get a $25 bonus when you sign up
  • Canada's low-cost crypto trading platform
  • Instant account verification & e-transfer deposit
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Get a $25 bonus when you sign up and trade $100 - Claim this offer

4.  Newton

Newton is a Canadian trading platform for digital currencies based in Toronto. It was started in 2018 and has one of the largest selections of digital currency assets in the Canadian crypto space.

Hundreds of thousands of Canadians use Newton to buy and sell cryptocurrency because it has low spreads, many buyers and sellers, and instant verification.

Newton Features

Newton is a trading platform that doesn’t charge any fees and can be used on all devices, including those with iOS and Android. The platform works with more than 60 digital coins and tokens.

Newton is a safe, legal platform registered with FINTRAC as a Money Service Business. The platform also works with DV Trading, which gives you access to large pools of liquidity and Balance security.

Newton-Crypto-Review-Features-Comparewise

Pros of Newton

  • You can access more than 70 popular cryptocurrencies on one platform.
  • User-friendly platform for beginners
  • Withdrawals and deposits of both fiat and cryptocurrency are free.
  • Assets are kept in cold storage.
  • The platform works with several devices.
  • New clients can get an account check right away.
  • Allows you to send money out of your Newton wallet.

Cons of Newton

  • Fiat only accepts CAD for funding.
  • Price spreads can be as much as 0.7%.
  • Expert traders would instead use a full-fledged cryptocurrency exchange.

Why Choose Newton?

This platform is best suited for novices as it lacks advanced charting tools. It offers numerous beneficial services, like commission-free trading, third-party custody, and quick account verification.

Newton is the best bitcoin exchange for Canadians wishing to trade bitcoin with minimal costs.

5.  VirgoCX

VirgoCX was started in 2018 and is Canada’s leading regulated platform for trading cryptocurrencies. They are committed to giving their customers the best technology, the most liquidity, and the best security.

It supports over 30 coins and can be used to access NFT brokerage services, foreign exchange, and over-the-counter trading.

Virgocx Crypto App - Comparewise

VirgoCX Features

VirgoCX’s user-friendly platform and simple interface are great for crypto newcomers. VirgoCX does not impose deposit fees, either fiat or cryptocurrency, making money from the spread.

Buy and sell VirgoCX coins with a few taps on iPhone or Android. Even if you’ve never used a crypto exchange, the platform is straightforward.

Pros of VirgoCX

  • Canadians can choose from a wide range of cryptocurrencies.
  • The signup process has been made easier so that new users can learn more about crypto.
  • Attractive fee structure, with no fees on trading, wire transfers, and withdrawals.
  • Fully regulated exchange with a clean record of keeping people safe.

Cons of VirgoCX

  • A relatively small amount of liquidity compared to other bitcoin exchange platforms.
  • Not available worldwide

Why Choose VirgoCX?

With VirgoCX, you can perform huge transactions with a few clicks. VirgoCX offers 30 cryptocurrencies and stable coins. Furthermore, VirgoCX is the only Canadian crypto exchange that offers NFTs. This provides VirgoCX with an edge over its competitors as the best bitcoin exchanges. VirgoCX is an excellent choice if you want to invest heavily in crypto.

ShakePay

  • Fast, secure, & reliable
  • Zero fees to trade crypto
  • Crypto Visa card included
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Get a $30 bonus when you sign up and start trading on Shakepay - Claim this offer

6.  Shakepay

Shakepay is where Canadians can buy and sell cryptocurrencies like Ethereum and Bitcoin almost instantly. They are known for making purchases quickly and without any fees. Shakepay is different from other exchanges because it only lets you buy, sell, and store Bitcoin and Ethereum.

ShakePay Features

Shakepay is the fastest way to buy or sell cryptocurrency. You can create a purchase or sell order and set notifications to know when Bitcoin or Ethereum reaches a specific price.

Even though Shakepay doesn’t charge commissions, a variable price spread can cost you up to 3% on both “buy” and “sell” transactions.

Shakepay Crypto Exchange App - Comparewise

Pros of ShakePay

  • Instant verification
  • A trading interface that is easy to use.
  • No fees to put money in or take it out
  • It supports sending crypto to your wallet
  • Quick help with customer service

Cons of ShakePay

  • Only Bitcoin and Ethereum are supported
  • Trading can cost you up to 3% in fees
  • Only available to Canadians
  • It does not offer advanced trading tools

Why Choose Shakepay?

Compared to other exchanges, Shakepay’s fees are pretty good. It doesn’t charge any fees and lets you deposit and withdraw Canadian dollars for free.

You can also withdraw cryptocurrency for free. Shakepay pays for mining fees, which is a rare perk that most exchanges don’t offer.

Netcoins

  • Fast, one-click trading
  • Pay bills and make purchases with crypto
  • Earn cashback in BTC
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Get a $60 welcome bonus when you trade $100 on Netcoins - Claim this offer

7.  Netcoins

Netcoins Crypto Exchange is one of the best places to buy and sell cryptocurrencies in Canada, which started in 2014. At the moment, only Canadians can use it. Still, investors and traders in Europe and the United States will be able to use it soon. It has more than 60 coins. You can access Newton on the web and via mobile apps for your phone.

Netcions Features

Netcoins has a user-friendly platform for expert and new investors. The platform allows free fiat and cryptocurrency for deposit and withdrawal using credit/debit cards. Furthermore, Netcoins runs a secure platform, and its sister business, Qlue.io, monitors blockchains. A live chat, phone, and email are available seven days a week.

Netcoins Bitcoin Trading - Comparewise

Netcoins Pros

  • 7-Days/Week Support is available by phone, chat, email, or support ticket.
  • Users can deposit and withdraw cryptos and Canadian dollars.
  • Registration and verification take minutes and are accessible.
  • No fiat deposit or withdrawal fees, no crypto deposit fees.
  • Users can place quick and limit orders using “Buy / Sell.”

Netcoins Cons

  • Netcoins are only available in Canada.
  • The Netcoins platform only works with six different types of cryptocurrencies.
  • There is no way to try out the podium with a demo account.

Why Choose Netcoins?

Netcoins is the best bitcoin exchange platform because of its efficient interface, making trading quick, cheap, and safe. It is an easy-to-use platform regulated by FINTRAC and is excellent for beginners.

The fees to trade are low, and there are no fees to deposit money. The platform makes it easy to sell coins or move the funds to your wallet after buying coins.

8.  NDAX.io

NDAX.io is a Canadian platform for trading cryptocurrencies. It was started in 2018 and is based in Calgary, Alberta. NDAX.io offers a clean and easy-to-use interface, and you can choose from 30 different cryptocurrencies to trade.

The signup process for NDAX.io is quick, which is excellent for both new and experienced traders.

NDAX.io Features

NDAX.io is the best bitcoin exchange platform because it has a wide range of cryptocurrencies and options for staking.

Users can also get a lot out of a referral program that rewards them for bringing in new users and customers who keep coming back. The security features and the easy-to-use trading platform interface make it suitable for new and experienced traders.

Pros NDAX.io

  • Selling and buying cryptocurrency costs only 0.2%.
  • Deposits from a Canadian bank account are free.
  • Instant verification.
  • Earn cryptocurrency by investing and stacking assets.
  • 24/7 email and live chat customer help are convenient and reassuring.
  • Trade Solana, MATIC, and Chainlink.

Ndax.io Crypto Exchange Platform - Comparewise

Cons of NDAX.io

  • A small amount of supported cryptocurrency
  • Exclusive to only Canadians

Why Choose NDAX.io?

NDAX is the best bitcoin exchange platform because it has low fees, an excellent customer service team, and many cryptocurrencies to trade. Since staking was added, it has become a much more exciting and potentially profitable place to trade cryptocurrency.

Crypto.com
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9.  Crypto.com

Crypto.com began in Hong Kong in 2016. It now has over 10 million global consumers and over 250 coins. This platform offers cryptocurrency-related financial solutions in 90 countries.

Aside from buying and holding, Crypto.com is ideal for people who want to trade or invest. It’s fantastic for aggressive traders and anyone interested in using crypto as a currency, not just an investment.

Crypto.com Features

The platform is available both on Android and iOS. This app shows your portfolio and a list of popular assets and allows you to trade and stake your crypto assets.

You can also pay for things with cryptocurrency and apply for a Crypto.com credit card. Crypto.com is the best bitcoin exchange platform because you can learn about the blockchain and the currency on each currency’s page.

Crypto.com Credit Cards Review - Ratewise

Pros of Crypto.com

  • A long list of supported cryptocurrencies
  • Fees that are clear, competitive, and can be discounted
  • Support for a whole ecosystem of cryptocurrency products
  • 24/7 Customer care services

Cons of Crypto.com

  • Higher fees if you don’t have and use CRO
  • Discounts on trading fees can be hard to figure out.

Why Choose Crypto.com?

You can connect more than one digital wallet to Crypto.com, and the site also has its ways to store cryptocurrency. One of them is the DeFi Wallet, a separate app that lets users earn rewards on tokens used in decentralized finance apps supported by blockchain networks.

10.  KuCoin

KuCoin is a safe place to buy, sell, and store cryptocurrencies like BTC, ETH, KCS, SHIB, DOGE, etc. It has a high number of users, many supported assets and services, low trading fees, and a relatively high level of liquidity.

KuCoin Features

KuCoin is one of the best bitcoin exchanges because it supports many crypto assets. Besides letting you buy and sell 200 cryptocurrencies, KuCoin also charges very low fees worldwide.

Furthermore, it charges a 0.1 percent fee per trade and small fees for trading futures. Other side attractions include bonuses and discounts.

Kucoin Mobile App - Comparewise

Pros of KuCoin

  • You can earn bitcoin on KuCoin by staking or lending for interest
  • KuCoin offers over 600 cryptocurrencies
  • Free Tether (USDT) coins upon signup
  • Relatively low trading fees

Cons of KuCoin

  • Low trading volume
  • Difficult to navigate for newbies

Why Choose KuCoin?

KuCoin is the best bitcoin exchange platform because of its trading bot. Using this feature, you can perform trades by choosing different automated options like Classic Grid, where you sell high and buy low. The DCA option allows you to invest small amounts instead of a lump sum. And the Futures Grid option will enable you to leverage and go short if you expect a coin’s price to go down.

Gemini
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Sign Up To Earn 3% Rewards In Bitcoin & 60+ Cryptocurrencies - Claim this offer

11.  Gemini

Gemini is an easy-to-use exchange for digital currencies that could be good for both new and experienced traders. The site offers a good assortment of 63 cryptocurrencies to trade and robust account security and compliance.

Gemini Features

There are many ways to buy and sell crypto, the interface is safe and easy for beginners to use, and you can earn interest on crypto in your store. The wallet includes cold storage, digital insurance, and U2F security with a hardware key.

Furthermore, the platform lets you connect with other software tools by giving you public API keys. This exchange is an excellent choice for fund managers and other institutional traders.

Pros of Gemini

  • An easy-to-use program interface.
  • You can earn interest on cryptocurrency that is held in a wallet.
  • The Gemini Wallet comes with optional insurance coverage.

Cons of Gemini

  • Accessible only to people in 61 different countries
  • Fees are astronomical.
  • Only a few more trading pairs are available.

Gemini Crypto - Comparewise

Why Choose Gemini?

In addition to its features, you receive a cryptocurrency rewards credit card, earn interest on crypto and pay stores using crypto. Gemini is a good choice if you want to invest or trade in cryptocurrencies.

It has the best security features, its hot wallet, and a full support center. The company has made deals with more than 30,000 stores so that you can use your account and stored cryptocurrency to pay for things.

Coinbase
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12.  Coinbase

Coinbase is the best bitcoin exchange platform with over 100 tradable cryptocurrencies, including Ethereum and Dogecoin. It is also a place to invest in cryptocurrencies. Coinbase is a big company with more than 89 million users and $278 billion in assets on its platform.

Coinbase Features

A built-in news feed gives regular updates about the cryptocurrency market. It also has a watchlist that lets you see how prices have changed over time or get notified when prices go up or down.

Furthermore, the exchange supports Two-step verification, FDIC-insured USD balances of up to $250,0001, AES-256 digital wallet encryption, and multi-signature wallets.

Pros of Coinbase

  • Assists investors in more than 100 countries
  • Up to $250,000 in cash is protected by the Federal Deposit Insurance Corporation (FDIC).
  • A UI that’s easy to use even for newbies

Cons of Coinbase

  • Intricate fee arrangements
  • The regular version only has a few charting options.
  • Fewer alternatives for contacting customer service than Gemini

Coinbase Card - Comparewise

Why Choose Coinbase?

Earning crypto while watching short videos to learn about investing is why Coinbase is the best bitcoin exchange platform. Furthermore, you can put money into the Proof of Stake (PoS) network to get a return on their assets.

With Coinbase, you can also send money from the sale of altcoins to your PayPal. The platform is easy for beginners to use, it lets you withdraw to PayPal, and there are ways to earn cryptocurrency.

13.  Binance

Binance is a decentralized cryptocurrency exchange that started in China. It was initiated in 2017 by software developer Changpeng Zhao. Binance is the largest cryptocurrency exchange globally in terms of the trading volume. Still, it is also having trouble with regulations in several countries.

Binance Features

There are hundreds of indicators and overlays for advanced charting. API keys are available to the public to add other software tools. Furthermore, Binance has more than 13 different kinds of trades.

The platform also offers Trust Wallet, a third-party digital wallet. Lastly, Binance lets people from more than 180 countries trade, and Canadians are among them.

Binance Pros

  • You can trade over 500 digital currencies
  • One of the least expensive platforms you can use
  • Lots of different kinds of transactions

Binance Cons

  • No built-in digital wallet
  • Difficult to navigate for new users

Why Choose Binance?

Binance is the best bitcoin exchange platform because it provides advanced users and international traders with many options for trading currencies. The Binance platform is easy to use and has three levels based on how much trading experience you have.

14.  Coinmama

Coinmama makes it easy for people to buy and sell digital currencies. Customers can pay for their purchases in different ways, including digital wallets like Apple Pay. More than 3.1 million people use Coinmama to buy and sell digital assets.

Coinmama Features

Canada is one of the 197countries that Coinmama serves. Some of the most popular cryptos like Bitcoin, Dogecoin, and Ethereum. Signing up and getting verified takes a few hours in total.

People can use credit and debit cards, Apple Pay, or a bank transfer to buy cryptocurrencies. After you pay, Coinmama sends your crypto right to your crypto wallet.

Coinmama X Zengo - Comparewise

Pros of Coinmama

  • Easy-to-use platform
  • How long cryptocurrencies will last
  • A lot of focus on safety

Cons of Coinmama

  • No wallet for cryptocurrency
  • High fees

Why Choose Coinmama?

Coinmama is a simple and easy-to-use place to buy and sell cryptocurrency. It’s an excellent choice for some customers because it’s easy to use.

But it has pretty high fees, and users who want more products, like crypto-rewards credit cards or loans backed by crypto, will have to look elsewhere.

15.  CEX.io

CEX.IO is a regulated global cryptocurrency exchange where traders and investors can buy, sell, borrow, and earn crypto. CEX.IO was started in 2013 and now has more than 4 million users. It sells goods and services to three types of customers: “Everyone,” “Traders,” and “Businesses.”

CEX.io Features

For “Everyone,” there are simple ways to buy crypto with fiat currency, a crypto wallet, exchange staking, and a platform for lending crypto. ‘Traders’ can use spot trading, margin trading, and the exchange’s mobile app to trade while they’re on the go.

Lastly, “Businesses” can use CEX.IO PRIME, which offers crypto trading services that are good enough for institutions.

Pros of CEX.io

  • Licensed and regulated
  • Supports many cryptocurrencies.
  • Offers a chance to earn cryptocurrency
  • Offers loans with crypto-collation

Cons of CEX.io

  • Beginners may be overwhelmed by the number of products and services.
  • The exchange has less liquidity than other leading global exchanges.

Cex.io Crypto Mobile App - Comparewise

Why Choose CEX.io?

CEX.IO is the best bitcoin exchange platform for its Earn program, which rewards you based on how much crypto you hold. CEX.IO is a good place for experienced crypto traders to find what they are looking for because it has a wide range of assets that you can trade and advanced trading tools.

Best Bitcoin Exchange Final Thoughts

Bitcoin exchanges allow you to purchase bitcoins from anywhere in the world. They also offer a way to convert your local currency into BTC. However, not all exchanges are created equal. As such, we’ve reviewed the top options available today.

We hope this guide helps you make the best decision when choosing an online bitcoin exchange. Thanks for checking out the best Bitcoin exchange.

You might also like…

  1. Best Canada Crypto Exchange
  2. Best US Crypto Exchange
  3. Cheapest Crypto Exchange

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Offers shown here are from third-party advertisers. We are not an agent, representative, or broker of any advertiser, and we don’t endorse or recommend any particular offer. Information is provided by the advertiser and is shown without any representation or warranty from us as to its accuracy or applicability. Each offer is subject to the advertiser’s review, approval, and terms. We receive compensation from companies whose offers are shown here, and that may impact how and where offers appear (and in what order). We don’t include all products or offers out there, but we hope what you see will give you some great options.

Get $20 CAD of BTC with promo code: COMPAREWISE
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Get up to $5,000 cashback on Canada's #1 trading platform.
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Crypto exchange starting with just $10
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Trade 150+ cryptos plus use your crypto for purchases
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FAQs about the Best Bitcoin Exchange

Where is the safest place to buy Bitcoin in Canada?

Netcoins and NDAX.io provide the safest platforms to buy and sell bitcoin. Both companies provide two-factor authentication (2FA) as well as multi-signature technology.

Can I buy Bitcoin at TD bank?

TD bank no longer supports buying Bitcoin using their credit card. The only option is to use reputable bitcoin exchanges.

How do I buy and sell bitcoins in Canada?

All you have to do is sign up for an account on one of our recommended bitcoin exchanges. Once you’re logged in, you’ll see a list of currencies and amounts. Click on the amount you’d like to buy/sell. Then click on Buy or Sell.

How do I withdraw money from Coinbase Canada?

To withdraw funds from Coinbase Commerce, click Withdraw next to the coin in your Balances area. A popup will ask how much and where to withdraw money.

Is Bitbuy reputable?

Yes, Bitbuy is a trusted Canadian company that provides safe and secure digital asset purchases. Their exchange has a FINTRAC license, meaning they comply with government regulations.

Which is better Coinbase or Bitbuy?

Bitbuy comes out on top because of its reduced fees and a more comprehensive range of deposit alternatives. However, this is purely a matter of personal preference. But Coinbase is the best option if you wish to deposit with a debit card.

Can Canadians use Binance?

Canadians in all provinces except Ontario can use Binance. This is due to regulatory restrictions.

Is Bitcoin exchange legal in Canada?

Yes, Bitcoin exchanges are legal in Canada. The country’s government even has an entire page on its website dedicated to cryptocurrencies.

Can I use bitcoin to pay my taxes in Canada?

Canadians cannot use bitcoin to pay their taxes. While it’s legal, the government doesn’t consider it a legal tender. Canadians can only use bitcoin at retail outlets that accept cryptocurrencies.

Which bitcoin platform is best in Canada?

It depends on what you want to use your bitcoin for. If you’re looking to invest long-term, then Netcoins and NDAX are the most suitable choices. For those who prefer to spend their coins quickly, Bitbuy is the best choice.

Earn Crypto Bonuses

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