Crypto exchanges help investors to buy and sell crypto assets as well as trade them. There are such exchanges in every country, including Canada.
Therefore if you’re a resident of Canada who is looking for a platform you can use to buy some crypto assets, you’re in the right place. In this guide, we have handpicked some of the best crypto exchanges in Canada that you can use.
These exchanges provide a secure platform where you can buy crypto assets and use them on the exchange or withdraw to your personal wallet. Whether your priority is safety or user-friendliness, these selected exchanges will be sure to meet your needs.
Coinbase
This is by far the most popular crypto exchange in Canada. The exchange is known to be a user-friendly one that allows even the most inexperienced beginners to easily buy crypto assets with little or no stress.
The exchange has over 260 listed crypto assets that you can easily buy and trade. You can do this using a variety of methods including credit/debit cards, bank transfer, etc. In terms of security, Coinbase has insurance cover for its customers and stores 95% of assets offline.
The fees on the exchange are relatively high though, just something you should keep in mind if you intend to use it.
Kraken
This is another sure exchange that can be used in Canada for buying and trading of crypto assets. Kraken is a highly secure exchange that is known for not having any history of security breach, which makes it a highly trusted choice.
You can use methods such as credit card, debit card, wire transfers, Interac e-Transfers or in person to fund your account in Canada to start buying crypto assets. If you’re a bit conscious of fees, you may wish to use Kraken because the fees are considerably low.
There are over 350 cryptocurrencies listed on the exchange and you can buy and trade them with several trading pairs. Even though the exchange caters to pro traders with advanced tools, it is also friendly enough for absolute beginners to use.
Crypto.com
Here is another top choice among Canadians. It is a compliant platform that has full registration in Canada, making it one of the top exchanges to use in Canada. The exchange supports over 350 crypto assets that you can buy and trade.
Crypto.com is especially appealing to Canadians because it offers a zero-fee way for Canadians to top up their CAD wallets via e-transfer directly from their local banks. This is an option not offered by other exchanges.
The exchange is also designed for all users. Through the app, you can easily buy and manage your crypto assets on the go.
KuCoin
Kucoin is a top global crypto exchange with over 30 million u=
sers worldwide. It is one of the most popular crypto exchanges in Canada. It is available in all provinces of Canada except in Ontario and users from the rest of the country can access its full range of services.
You can buy and trade over 700 crypto assets on this platform, making it an ideal place for altcoin investors interested in multiple assets. The exchange also has a user-friendly interface that anyone can easily use to buy and trade assets.
KuCoin also allows users to participate in staking and other services that you will enjoy. The fees are quite competitive, compared to other exchanges.
Uphold
Uphold is a crypto trading platform that serves a global user base, and is one of the top crypto trading platforms in Canada. The platform is known for its multi asset support which makes it possible to buy and sell both cryptocurrencies and other assets such as gold and silver.
The platform supports over 250 cryptocurrencies alone, apart from other assets. This makes it a truly diverse platform for all kinds of investors.
