Best Place to Buy Crypto - Up to $240 in sign up bonuses


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Best Place To Buy Crypto 2022

Are you a Canadian in search of the best place to buy crypto? If so, this article may provide you with the answers you seek. Cryptocurrency has garnered tremendous interest from individual investors and the finance sector. And as the popularity of various cryptocurrencies has increased, so has their value.

Everyone today wants to own a small fraction of Bitcoin, but how do you buy it? You’ll need to find the ideal crypto exchange to get started. The platform you choose depends on your experience and the features you’re looking for. Overall, Bitbuy is the best place to buy crypto as it offers a user-friendly and secure interface.

After testing the top exchanges, we’ve compiled a detailed breakdown of each, including the best place to buy crypto in Canada.

What Is Cryptocurrency?

Cryptocurrency involves the exchange of a variety of digital currencies through a transactional system known as the blockchain. These transactions are not facilitated by banks and traditional financial institutions. It’s a peer-to-peer system that allows anyone to send and receive payments from around the world. To verify their transactions, they use encryption, thus the name cryptocurrency. 

Unlike physical money, these cryptocurrencies have digital entries of every transaction stored in an online database. These digital entries are available as a public ledger with every recorded transaction data. You’ll need to have a digital wallet set up where you’ll store your cryptocurrency. It takes advanced coding to store and transmit the crypto data between public ledgers and wallets.

Cryptocurrency exchanges are the best place to buy crypto. Besides offering you trading services, crypto exchanges also provide storage for your cryptos. There are hundreds of available exchanges in the market today. However, it’s best to select the exchange that best suits your needs and security expectations.

Best Place To Buy Crypto Desktop - Comparewise 1

What Is the Best Place to Buy Crypto?

While there are plenty of exchanges to choose from, we have narrowed the search to a list of 13 exchanges. These 13 crypto exchanges are among Canada’s best places to buy crypto.


  • 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 a Canadian crypto exchange, which is headquartered in Toronto. They only cater to Canadian customers and accept Canadian dollars as their fiat currency to fund or withdraw your tokens. The platform also provides sophisticated features for expert traders, making Bitbuy the best place to buy crypto in Canada.

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Key Features of Bitbuy

  • Express Trade: The express trade option makes Bitbuy the best platform for beginners. You can easily buy/sell your crypto tokens by selecting the coin and entering the amount. This makes it simpler to understand charts and advanced order trades.
  • Automated Trading: Bitbuy offers traders, individuals, and institutions to trade algorithmically through their advanced API. Here you can connect to more than ten markets featuring a variety of crypto-to-crypto or CAD-to-crypto pairs. This helps you to automate your trade with live exchange rates.
  • Comprehensive Crypto Insurance: Bitbuy transfers all its assets stored in cold storage to BitGo Trust company. BitGo is the world’s first qualified custodian purposefully built for storing crypto assets. The company covers all of these assets with a comprehensive insurance policy.
  • Pro Trade: Expert traders have the option of utilizing the platform’s “pro-trade” feature. Here you get access to advanced charts through which you can research and study the crypto market.

Bitbuy Pros

  • Offers the lowest trading fees in Canada
  • Instant account verification for the majority of users
  • Supports more than 25 currencies on the platform

Bitbuy Cons

  • Mining fee ranging between $1 and $20 is charged on crypto withdrawals
  • Only accept Canadian dollars as fiat currency
  • Does not provide a live-chat support option


  • Smart trade feature for quick trading
  • Instant account verification
  • Fund through e-transfer
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Get a $20 CoinSmart Welcome Bonus now when you sign up - Claim this offer

2. CoinSmart

CoinSmart was founded in 2018 and is one of Canada’s fastest-growing crypto trading platforms. This exchange supports a host of digital currencies and is catered to Canadian traders. It also offers over-the-counter trading services for institutional investors and large-volume traders.

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Key Features of CoinSmart

  • Instant Account Verification: When you sign up for CoinSmart, you only have to provide your name, address, phone number, DOB, and email id. Most of the accounts are then verified automatically in just a few minutes.
  • Robust Security Measures: CoinSmart is Canada’s only publicly traded crypto exchange platform. This means that it is subjected to more financial scrutiny than any other platform in the market. CoinSmart also has a cold storage policy in place that is set at 95%.
  • Low Trading Fees: CoinSmart charges up to 0.20% in transaction fees, one of Canada’s lowest trading fees across all exchanges. This is made possible because the spreads between the buying and selling prices are incredibly thin. As a result, traders have the freedom to trade more frequently at a lower cost.
  • Interactive Mobile Application: The platform offers a user-friendly and interactive mobile application through which you can trade on the go. CoinSmart app provides advanced security features, including two-factor authentication and fingerprint login.

CoinSmart Pros

  • Offers a robust, advanced trading platform for experienced traders
  • Quick deposits and withdrawals
  • Supports multiple fiat currencies

CoinSmart Cons

  • Only accepts CAD as fiat currency
  • Withdrawals of fiat can take up to 5 business days
  • Does not offer a wide selection of altcoins


  • Over 35 cryptocurrencies available
  • Cheapest crypto exchange, 0% deposit & withdrawal fees
  • Fund using e-transfer
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3.  Coinberry

Coinberry is a leading cryptocurrency exchange headquartered in Toronto and registered under FINTRAC. The platform offers a user-friendly interface where you can trade Bitcoin, Ethereum, Litecoin, and other altcoins. You can register on the platform in 60 seconds and start trading with just $50.

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Key Features of Coinberry

  • Autopilot: By using Coinberry autopilot, you can easily set up crypto currency purchases on a daily, weekly, or monthly basis. This simplifies the process of investing through the exchange.
  • Coinberry Pay: The platform provides a straightforward payment processing solution for merchants. With this feature, your cryptocurrencies can be used to purchase goods from these merchants. The cryptocurrency is immediately converted to CAD and transferred into the respective banking account.
  • 0% Deposit Fee: The platform does not charge fees when depositing or withdrawing your cryptocurrencies. This enables you to transfer more crypto into your wallet and get more value for your portfolio.
  • Quick Processing Time: Coinberry offers its customers extremely low cost and fast processing times. This is made possible due to its expansive network of service providers capable of handling large quantities of orders.

Coinberry Pros

  • Offers instant verification of accounts
  • No cash deposits or withdrawal fees
  • Offers automatic purchase of Bitcoins

Coinberry Cons

  • Supports only CAD as the fiat currency
  • Requires a minimum trading deposit of $50
  • Allows you to withdraw only four coins


  • 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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4.  Newton

Newton is a growing cryptocurrency exchange where you can trade without paying any commissions. The platform is named after Isaac Newton and supports more than 70 cryptocurrencies. In addition, there are no trading fees to worry about with Newton. And they are explicitly geared toward the Canadian market. Therefore, it’s no surprise that Newton is a contender for the best place to buy crypto in Canada.

Newton-Crypto-Interface - Comparewise

Key Features of Newton

  • Instant Account Activation: Newton makes the sign-up process seamless by instantly verifying your account. This is beneficial when you’re looking to trade on short-term price movements. After your account gets verified, you can fund your wallet through Interac e-transfer, bank wire, or crypto deposits.
  • 0% Trading Fees: Newton does not charge their customers any trading, deposit, or withdrawal fees. This makes it the best place to buy crypto in Canada.
  • Third-Party Custody: The platform has partnered up with Balance and Fireblocks for the custody of their crypto assets. They will keep your digital assets safe in offline storage at institutional-grade storage facilities.
  • Newton Pro: This crypto exchange platform offers an advanced beta version for experienced traders. These features include order book, limit orders, transfer, and more. This enables you to get hold of tighter spreads and offers higher liquidity.

Newton Pros

  • Offers an interactive and intuitive interface
  • Provides access to a wide range of crypto tokens
  • Offers strong security measures

Newton Cons

  • Not suitable for advanced traders
  • Only Canadian citizens can sign up for the platform
  • Supports only CAD as the fiat currency


  • Zero deposit fees for e-transfer or wire transfer
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5.  VirgoCX

VirgoCX is a prominent exchange created to simplify cryptocurrency investment and trading. It simplifies the trading experience and empowers clients with exceptional security and liquidity. VirgoCX is the ideal choice for individuals in need of a straightforward and inexpensive cryptocurrency exchange.

Key Features of VirgoCX

  • Low-Cost Trading: VirgoCX aims to lower user costs by offering a commission-free trading experience. The platform doesn’t charge any deposit fees as well. However, it does charge a small percentage of withdrawal fees.
  • Efficient Payment Gateway: The platform offers an efficient gateway for fiat currencies. VirgoCX has partnered with reputed payment solutions, helping you make fast and seamless deposits or withdrawals. This holds true for both domestic & international payments.
  • Robust Security Measures: VirgoCX offers impeccable security with offline crypto wallet technology. More than 90% of the users’ funds are stored in cold wallets. The fat currencies deposited on the platform are held in trusted and reliable financial institutions.
  • NFT Marketplace: VirgoCX is one of Canada’s first crypto exchange platforms offering NFTs and cryptocurrencies. This is beneficial if you are looking to invest more deeply in the blockchain industry and looking to manage everything on a single platform.


VirgoCX Pros

  • Regulated platform with high-security standards
  • Lower withdrawal fees
  • Offers a great selection of crypto tokens for Canadian investors

VirgoCX Cons

  • Offers a smaller level of liquidity
  • Medium learning curve
  • Does not offer investment solutions


  • Fast, secure, & reliable
  • Zero fees to trade crypto
  • Crypto Visa card included
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6.  Shakepay

Shakepay was one of the first platforms to support digital currencies in Canada. It provides a platform for Canadians to buy and sell Bitcoin and Ethereum almost instantly. This platform makes it easier to transfer your cash into external crypto wallets. Shakepay makes it incredibly easy for beginners to create a profile and start trading.

Key features of Shakepay

  • Instant Trade: With Shakepay, you can quickly start trading your crypto tokens once you have signed up on the platform. Simply transfer funds into your account and select the crypto token you like.
  • Price Alerts: The platform allows you to set up custom notifications on your dashboard. This streamlines your trading experience. You can set up personal notifications and get notified when Bitcoin or Ethereum reaches a specific price point.
  • Earn Rewards: Shakepay encourages users to check their profiles daily by offering exciting rewards. You can earn rewards by opening the app once daily and shaking it from side to side. The free crypto rewards are automatically added to your wallet.
  • Recurring Buys: With Shakepay, you can make a rule to buy crypto tokens daily, weekly, or monthly. You can do this by setting up a recurring buy option and stating the amount. However, you should ensure that your account is equipped with sufficient funds.

Shakepay Crypto Mobile App - Comparewise

Shakepay Pros

  • Doesn’t charge any transaction fees on deposits or withdrawals
  • Offers an easy-to-use and intuitive interface
  • Knowledgeable and responsive customer support team

Shakepay Cons

  • Supports only two cryptocurrencies
  • Only accepts CAD as a fiat currency
  • Lacks watch list and advanced trading charts to research the market

  • Accessible in most countries
  • Stacking capabilities to earn interest
  • Several tiers of Visa cards
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7. is a one-stop shop for buying and staking your crypto tokens or NFT. It entered the Canadian market with a promise of supporting a wide variety of coins and charging lower trading fees. is gaining popularity with Canadians and has become the best place to buy crypto.

Key Features of

  • Instantaneous Price Updates: The platform offers rapid price updates. Their interface is updated once every few seconds, ensuring they display the correct pricing. This gives you a leg up on the rest of the market.
  • Strict Security Protocols: com has invested a great deal into its security, making trading with them more manageable. It grants you control of your private keys and offers a cold storage policy to prevent hacking or theft.
  • Crypto Staking: The platform lets you stake your crypto tokens and earn an annual interest on them. When you stake your stable coins with, you can receive up to a 14% yearly return when you stake your stable coins with
  • Multiple Crypto Tokens: com supports more than 150 cryptocurrencies on its platform. Therefore, the platform is ideal for Canadians who want to invest in undiscovered altcoins. With its vast selection of cryptocurrencies, is the best place to buy crypto in Canada. Bg25 - Ratewise Bg25 – Ratewise Pros

  • Offers an interactive and intuitive interface
  • Offers fast and free CAD deposits
  • Suitable for both beginners and advanced traders Cons

  • Lacks informational materials and tutorials
  • Medium learning curve
  • Unresponsive customer support


  • Available in over 150 countries
  • Supports 500+ cryptocurrencies
  • Great for beginners and pros
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8.  KuCoin

KuCoin has a solid user base and offers advanced trading features, making it the best place to buy crypto in Canada. It was launched in 2017 and offers hundreds of cryptocurrency tokens to traders. This simple and secure platform has made a considerable impression worldwide and hosts more than 8 million users.

Key Features of KuCoin

  • Crypto Staking: You can earn passive income on KuCoin by staking your crypto assets. These staked coins help validate the network and keep it secure. Additionally, you can earn rewards by staking your tokens for a specific period.
  • Trading Bots: KuCoin offers more than 5 million trading bots. When you configure these bots, they can automatically buy or sell your cryptocurrency to generate more yield. And it permits you to set up more than one bot.
  • Margin Trading: KuCoin allows margin trading, where you can leverage your position by borrowing money and buying additional crypto tokens. Advanced traders can trade top cryptocurrencies on the spot.
  • Multiple Payment Methods: KuCoin gives you various options to fund your wallet. You can buy crypto easily with a credit/debit card, bank transfer, Apple Pay, Banxa, or Simplex.

Kucoin Crypto Exchange - Comparewise

KuCoin Pros

  • Offers a wide selection of cryptocurrency tokens
  • Lower trading fees
  • Offers advanced charting tools to analyze and automate your trades

KuCoin Cons

  • Does not support fiat withdrawals
  • Medium learning curve
  • Limited educational resources and tutorials


  • Secured with a state-of-the-art storage system
  • Buying and selling crypto is simple, reliable, and secure
  • 24/7 customer support
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9.  Gemini

Gemini is a user-friendly cryptocurrency exchange, a good choice for beginners and experienced traders. The platform offers a streamlined trading view making it simpler to research the crypto market. You also access dynamic price alerts and set recurring buys for your portfolio.

How To Sell Crypto On Gemini-Comparewise

Key Features of Gemini

  • My Portfolio: Gemini gives you access to a ‘My Portfolio’ feature, where you can view your account at a glance. It gives a detailed report on your account balance, percent change, and 24-hour change.
  • Hot Wallet: The crypto trading platform offers a hot wallet backed by digital asset insurance. This means that the funds stored in your wallet are covered in the event of a security breach.
  • Advanced Trading Features: Make the most out of market opportunities by looking deeper into the order book. The platform can execute trades in microseconds by breaking through speed barriers without compromising security.
  • Robust Security: Gemini is one of the first trusted platforms that focus on robust security protocols. Their team’s mission is to create the most innovative solutions to ensure that traders and their assets are secure. This is one of the reasons that Gemini is the best place to buy crypto.

Gemini Pros

  • Offers a wide variety of cryptocurrencies
  • Interactive and easy-to-use interface
  • Offers informational training materials and tutorials

Gemini Cons

  • Charges high transaction fees
  • Hefty deposit costs
  • Medium learning curve

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10.  Coinbase

Coinbase is among the largest cryptocurrency trading platforms worldwide. While its headquarters are in the US, it’s still a popular platform for Canadians to trade digital currencies. Its comprehensive mobile app makes trading easier for beginners.

Key Features of Coinbase

  • Crypto Wallet: Coinbase gives you access to an online storage wallet through its wallet application. This way, you can easily handle your crypto assets and control your private keys from your mobile device.
  • Advanced Charts: If you are a Coinbase Pro member, you get access to an advanced trading platform. This includes expert charting tools, helping you analyze the right time to make your crypto trades.
  • Secure Platform: Coinbase has a sterling reputation when it comes to security. 99% of its users’ digital assets are kept in cold storage, which is offline. You can also secure your account by setting up two-factor authentication.
  • Coinbase Earn: The platform gives you access to an earn feature through a collection of educational materials. Essentially, you’ll be required to watch a series of video tutorials on various cryptocurrencies. After that, you’ll be asked to complete a quiz. You’ll be rewarded with a small amount or crypto if you answer correctly.

Coinbase1 - Comparewise

Coinbase Pros

  • Offers an intuitive and user-friendly interface
  • Earn free crypto while learning
  • Consistently updates their cryptocurrency coins

Coinbase Cons

  • Higher transaction fees
  • Cannot fund your account with CAD
  • Lower limits on cryptocurrency purchases


  • Trade 65+ cryptocurrencies
  • A low-cost crypto trading platform for Canadians
  • P2P trading, spot trading, and margin trading
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11.  Binance

Binance is the most popular crypto trading platform in the world. The platform extends its features to over 180 countries globally. And it accepts payments in more than 50 currencies. It also offers the lowest transaction fees, making it the best place to buy crypto in Canada.

Binance App Review Comparewise - Comparewise

Key Features of Binance

  • Peer-to-Peer Exchange: Binance allows you to buy or sell your digital currency from other users through its peer-to-peer exchange tool. This may be a cheaper option than buying directly through the website. Most of the Canadian traders on the platform accept Interac e-transfer.
  • Binance Pay: The platform also offers an exclusive payment platform where you can send or spend your crypto without paying additional fees. You can shop at businesses like Travala that support this payment option.
  • Advanced Trading Options: This trading platform offers a host of features for seasoned traders. It is an excellent platform for buying tokens that are not well known.
  • Binance Earn: With Binance Earn, you can stake your cryptocurrencies and earn rewards at an annual rate of 0.8% to 123%. This depends upon how long you stake your coins.

Binance Pros

  • Offers future contracts and options
  • Offers crypto loans
  • Reduced trading feed for Binance coin holders

Binance Cons

  • Not available in Ontario
  • Medium learning curve
  • Less regulated than some of its competitors


  • Buy crypto with a credit or debit card
  • Fees from 5.5% to 5.9%
  • Made for newcomers
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12.  Coinmama

Coinmama is a leading crypto exchange that lets you purchase some popular cryptocurrencies. They also allow their users to sell Bitcoin for cash. It offers an intuitive interface for a user-friendly trade experience.

Key Features of Coinmama

  • Fast Track Verification: With Coinmama, you can access a fast-track verification process. This allows you to set up a new account and verify it in just a few minutes.
  • High Spending Limits: The platform offers higher transaction limits when compared with its competitors. Your personal limit will increase as you trade more cryptocurrencies on the platform. If you need a monthly limit of more than $100,000, you can reach out to Coinmama for VIP verification.
  • Credit Card Payment: Coinmama was one of the first trading platforms that authorized the purchase of cryptocurrencies through credit cards and Apple Pay. You can purchase the digital currency via Visa or Mastercard credit card.
  • Instant Delivery: Once your payment goes through the platform, the cryptocurrencies are instantly added to your wallet. However, you should note that the exchange lacks a crypto wallet service. You will need to connect an external wallet to the platform.

Coinmama Website - Comparewise

Coinmama Pros

  • Offers a user-friendly platform
  • User assets are protected from theft
  • Does not charge any additional withdrawal fees

Coinmama Cons

  • Does not offer a crypto wallet
  • Limited crypto currency selection
  • Lacks advanced tracking tools

  • Earn crypto by staking on
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  • Buy crypto with a debit or credit card
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13. is a trusted & secure Bitcoin and crypto exchange platform. It offers one of the most secure platforms for trading, buying, selling, and earning cryptocurrencies. Online Platform - Comparewise

The exchange offers a broad spectrum of assets and numerous features catering to the beginner and expert. is a regulated service established in 2013 and has facilitated crypto transactions for over 4,000,000 people globally.

Key Features of

  • Multiple Payment Options: This crypto trading platform supports various payment methods, making it easier for you to trade on their platform. supports payment via Visa, Mastercard, bank transfer, and cryptocurrencies.
  • Robust Security: io ensures that its platform offers top-tier security to its users. It protects against DDoS attacks by fully encrypting their data. They also use cold storage to store a certain percentage of their cryptocurrency.
  • Competitive Commissions: The platform charges the most competitive fees in the industry. They charge 0.25% taker and just 0.15% maker fees.
  • Crypto-Collateralized Loans: With, you can take out crypto-collateralized loans as fiat currencies. This way, you to hold into your cryptocurrency investment when you require cash. A loan facility such as this makes the best place to buy crypto in Canada. Pros

  • Regulated and licensed global platform.
  • Offers an opportunity to earn crypto.
  • Supports many cryptocurrencies, including Cardano and Ethereum. Cons

  • Offers a complicated fee structure.
  • Limited educational content.
  • Steep learning curve.

How to Invest in Crypto Safely

Although you can use any crypto exchange to buy crypto, it is essential to consider a few important factors when researching. Here are some critical factors to look for in the best platform to buy crypto in Canada.

Research Crypto Exchanges

Learn more about multiple exchanges before you decide to invest in cryptocurrency. You can have a look at the exchanges mentioned above. It is always recommended to read multiple reviews, research well and talk to financial experts when needed.

Availability of Exchange in Your Location

Not every exchange platform serves globally. Therefore, ensuring that the platform and its features are available to users in your area is vital. For example, Binance is a global cryptocurrency exchange, but the residents of Ontario cannot access it.

Best Place To Buy Crypto Mobile - Comparewise

Learn to Store Your Digital Currency Securely

Next to consider when finding the best place to buy crypto is safety. You need a secure place to store the cryptocurrency you buy. For this, you can either keep it in the exchange or use a digital wallet. Since there are many types of wallets, each has its use, benefits, security, and technical requirements. When choosing an exchange, you should also do thorough research before deciding on a storage place for your cryptocurrency.

Diversify Your Investments

Diversifying investments has always been a good strategy and is still valid when investing in cryptocurrency. Just because Bitcoin is a familiar and popular name doesn’t mean you should invest all your money in it. You can choose from alternate options available.

Prepare for a Volatile Market

Finally, when finding the best place to buy crypto, consider the market. Since the crypto market is unpredictable, you should always be prepared for dramatic price swings. For this reason, it’s essential to consider the stability of your investment portfolio and your mental well-being before making a move. If the unpredictability of the market is too stressful for you, perhaps you should reconsider investing in cryptocurrency.

Best Place To Buy Crypto Canada - Comparewise

Best Place to Buy Crypto Takeaway

Let’s wrap up our take on the best place to buy crypto. Cryptocurrency is the latest financial trend that will continue to grow with time. When looking for the best place to buy crypto, you should adequately research multiple exchanges and digital wallets before investing.

This will allow you to find the best suitable platform as per your requirements and geographic location. To learn more about the best place to buy crypto in Canada, you can use Comparewise and compare multiple exchanges. Thanks for checking out the best place to buy crypto!

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FAQs about the Best Place to Buy Crypto

Is crypto legal in Canada?

Cryptocurrency is legal in Canada, and you can easily buy, sell, or trade crypto. However, the Canadian government has not accepted cryptocurrency as a legal tender.

What Is the best place to buy crypto in Canada?

We suggest you try the exchanges detailed above to find the one that best suits your needs. Our top picks from the list are Bitbuy and CoinSmart. All platforms have unique benefits and features; therefore, reading our reviews before deciding is good.

Which platform Is the best Canadian crypto exchange?

Bitbuy stands as stands head and shoulders above the rest when it comes to Canadian crypto exchanges. This is primarily because of its low trading fees and user-friendly mobile application. Bitbuy also claims to store the user funds in cold storage.

What Is the best exchange for buying and selling Altcoin in Canada?

VirgoCX, Newton, and are among Canada’s best altcoin exchanges. VirgoCX allows you to trade altcoins directly, minimizing the fees. Newton offers 70+ altcoins to choose from, whereas provides the most significant number of altcoins in Canada.

What crypto wallet is the safest to use in Canada?

ZenGo is the safest crypto wallet in Canada today. It uses multiple technologies like facial & fingerprint scanning and two unique secret codes. This makes it extremely challenging for hackers to access your ZenGo wallet.

What's the best cryptocurrency exchange for day trading in Canada?

Bitbuy is the best cryptocurrency exchange for day trading in Canada. Besides having a low fee structure, they also update the prices multiple times every second. This makes the platform most useful for day traders.

What are the legal crypto exchanges in Canada?

The exchanges that legally operate in Canada are Bitbuy, CoinSmart,, and every other platform mentioned in the list. No illegally run platforms are included in the list as they have a higher chance of shutting down like Binance.

Which crypto is the safest?

Since Bitcoin is the first and most established cryptocurrency, it is trusted and accepted by many merchants globally. It is always important to note that investing in crypto is risky. Be mindful of the fact that the market is unpredictable. As such, there’s always a chance that you could lose the money you’ve invested.

What Is the best place to buy Bitcoin in Canada?

In a few easy steps, you can use CoinSmart or Bitbuy to purchase your bitcoin. This purchase includes a commission charge ranging up to 0.20% of the total deposit amount.

Can the CRA track my crypto?

The CRA can track all your crypto transactions and trades. However, it entirely depends on your measures to obscure your activity. If the crypto stays in your exchange wallet and does not move for months, it can be easily tracked. But the process can get extremely challenging if the crypto is transferred through different anonymous wallets.

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