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Top Crypto Exchanges For Canadians in 2024

With Cryptocurrencies becoming more and more mainstream, Canadians seemed be jumping onto this trend more then ever. With many crypto scams out there it is increasingly important that investors go with a regulated and trustworthy crypto exchange. That is why we have compiled a list of the top crypto exchanges for Canadians in 2022.

These top crypto exchanges for residents in Canada are fully regulated to provide cryptocurrency products to Canadian investors. We will compare them against each and see which ones are on top. I have personally used all 4 of these crypto exchanges and continue to use them. Non of the exchanges I have used are 100% perfect, all of them have pros and cons to them which we get into as well.

The 4 Top Canadian Crypto exchanges are:

  1. Coinberry
  2. Coinbase
  3. NDAX
  4. Coinsquare

The Best Crypto Exchanges in Canada 2022

#1 coinberry

coinberry logo
Deposit Methods:Credit card, Debit card, Interac e-Transfer, Wire transfer
Fiat Currencies:CAD
Deposit Fee:$0
Withdraw Fee:$0

Coinberry Summary

Coinberry is undoubtedly one of the top crypto exchanges for Canadians. You most likely haven’t heard of them because they barley advertise themselves.. well that’s because they don’t have to. What makes coinberry stand out from other Canadian crypto exchanges are their low fees (spreads)  and zero deposit or withdrawal fees. Coinberry makes money on the “spread” and have fully transparent prices with no hidden charges and no additional fees. Their registration process is simple and easy, in most cases new clients will be able to start purchasing cryptos in minutes.


  • 24/7 customer support available via phone, live chat or email
  • Supports 20+ cryptocurrencies.
  • Low fee crypto provider
  • No deposit or withdrawal fees
  • Many positive client reviews
  • store our member’s information on non-Canadian servers.
  • Immediate (0-5min) deposits with interac e-transfer.
  • User-friendly App and online trading platform.

List of Cryptocurrencies Offered

  • Bitcoin
  • Ethereum
  • Bitcoin Cash
  • Litecoin
  • Stellar
  • Cardano
  • Dogcoin
  • Curve
  • Kyber Network
  • Polkadot
  • Synthetix
  • Yearn Finance
  • Aave
  • Balancer
  • Uniswap
  • Basic Attention Token
  • Chainlink
  • Compound
  • Ripple

Fees and Costs

  • Deposit and withdrawal fees – 0%
  • Spreads – 0% to 2.5%

Deposit/Funding methods

  • Interac e-transfer
  • Bank wire transfer

Signup Bonus

Yes receive $30 trading credit after you trade at least $50 with this Link

Best For

Investors or beginners looking for lower fees and the highest bonus credit.

#2 Coinbase

coinbase logo
Deposit Methods:Interac debit, Bank wire, credit card.
Fiat Currencies:CAD, USD
Deposit Fee:$0
Withdraw Fee:1%
0x ZRXBraintrust FETMirror Protocol MIRRequest REQWrapped LUNA WLUNA
1inch 1INCHCardano ADAFilecoin FILMoss Carbon Credit MCO2Ribbon Finance RBNXYO Network XYO
Aave AAVECartesi CTSIFunction X FXmStableUSD MUSDShapeshift FOX Token YFI
Alchemy Pay ACHChainlink LINKGitcoin GTCNuCypher NUSKALE SKL 
Adventure Gold AGLDChiliz CHZGods Unchained GODSNumeraire NMRSolana SOL 
Algorand ALGOCivic CVCGolem GNTOMG Network OMGSpell Token SPELL 
Amp AMPClover Finance CLVGYEN GYENOrchid OXTStellar Lumens XLM 
Ampleforth Governance Token FORTHCompound COMPHarvest Finance FARMOrigin Token OGNSTORJ STORJ 
Ankr ANKRCosmos ATOMHorizen ZENOriginTrail TRACSUKU SUKU 
Assemble Protocol Chain CROImmutable X IMXPerpetual Protocol PERP
Synthetix Network Token SNX
Augur REPCurve DAO Token CRVInternet Computer ICPPlayDapp PLAtBTC TBTC 
Avalanche AVAXDai DAIIoTeX IOTXPolkadot DOTTellor TRB 
Axie Infinity AXSDash DASHJasmy JASMYPolkastarter POLSTerraUSD UST 
Badger DAO BADGERDecentraland MANAKeep Network KEEPPolygon MATICTether USDT 
Balancer BALDerivaDAO DDXKryll KRLPolymath POLYTezos XTZ 
Bancor Network Token BNTDFI.Money YFIIKyber Network KNCPowerledger POWRThe Graph GRT 
Band Protocol BANDDistrict0x DNTLCX LCXQuant QNTTribe TRIBE 
BarnBridge BONDDogecoin DOGELitecoin LTCQuickSwap QUICKTrueFi TRU 
Basic Attention Token BATEnjin Coin ENJLivepeer (LPT) LPTRadicle RADUMA UMA 
Biconomy BICOEnzyme MLNLoom Network LOOMRai Reflex Index RAIUniswap UNI 
Bitcoin BTCEOS EOSLoopring LRCRally RLYUSD Coin USDC 
Bitcoin Cash BCHEthereum ETHMaker MKRRari Governance Token RGTVoyager Token VGX 
Bluzelle BLZEthereum Classic ETCMask Network MASKRarible RARIWrapped Bitcoin WBTC 
Bounce Token AUCTION AUCTIONEthereum Name Service ENSMeasurable Data Token MDTRen RENWrapped Centrifuge wCFG 
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0x ZRXBraintrust BTRST
1inch 1INCHCardano ADA
Aave AAVECartesi CTSI
Alchemix ALCXCelo CGLD
Alchemy Pay ACHChainlink LINK
Adventure Gold AGLDChiliz CHZ
Algorand ALGOCivic CVC
Amp AMPClover Finance CLV
Ampleforth Governance Token FORTHCompound COMP
Ankr ANKRCosmos ATOM
Assemble Protocol Chain CRO
Augur REPCurve DAO Token CRV
Avalanche AVAXDai DAI
Axie Infinity AXSDash DASH
Badger DAO BADGERDecentraland MANA
Balancer BALDerivaDAO DDX
Bancor Network Token BNTDFI.Money YFII
Band Protocol BANDDistrict0x DNT
BarnBridge BONDDogecoin DOGE
Basic Attention Token BATEnjin Coin ENJ
Biconomy BICOEnzyme MLN
Bitcoin Cash BCHEthereum ETH
Bluzelle BLZEthereum Classic ETC
Bounce Token AUCTION AUCTIONEthereum Name Service ENS FETMirror Protocol MIR
Filecoin FILMoss Carbon Credit MCO2
Function X FXmStableUSD MUSD
Gitcoin GTCNuCypher NU
Gods Unchained GODSNumeraire NMR
Golem GNTOMG Network OMG
Harvest Finance FARMOrigin Token OGN
Horizen ZENOriginTrail TRAC
IDEX IDEXOrion Protocol ORN
iExec RLC RLCPaxos Standard PAX
Immutable X IMXPerpetual Protocol PERP
Internet Computer ICPPlayDapp PLA
IoTeX IOTXPolkadot DOT
Jasmy JASMYPolkastarter POLS
Keep Network KEEPPolygon MATIC
Kryll KRLPolymath POLY
Kyber Network KNCPowerledger POWR
Litecoin LTCQuickSwap QUICK
Livepeer (LPT) LPTRadicle RAD
Loom Network LOOMRai Reflex Index RAI
Loopring LRCRally RLY
Maker MKRRari Governance Token RGT
Mask Network MASKRarible RARI
Measurable Data Token MDTRen REN
Request REQWrapped LUNA WLUNA
Ribbon Finance RBNXYO Network XYO
Shapeshift FOX Token YFI
Shiba Inu SHIBZcash ZEC
Solana SOL 
Spell Token SPELL 
Stellar Lumens XLM 
SuperFarm SUPER 
SushiSwap SUSHI 
Synthetix Network Token SNX 
Tellor TRB 
Tether USDT 
Tezos XTZ 
The Graph GRT 
Tribe TRIBE 
TrueFi TRU 
Uniswap UNI 
Voyager Token VGX 
Wrapped Bitcoin WBTC 
Wrapped Centrifuge wCFG 

Coinbase Summary

Coinbase is the most popular and known crypto exchange in Canada and the United States. They were the first publicly traded Crypto exchange with the ticker “COIN” on the Nasdaq. To many, knowing this may increase their confidence/trustworthiness in the platform. With that being said, Coinbase is highly regulated and have shareholders to please, this comes with pros and cons. Coinbases KYC (know your customer) and registration process is one of the easiest and quickest of the top crypto exchanges. Coinbases fees are somewhat higher then other exchanges but this also depends on the market volatility at the time and the amount of crypto you are purchasing at that moment. The main reason what makes Coinbase so good is that they offer over 135 Cryptocurrencies to purchase right on their platform.  Coinbase is the best Canadian exchange platform for beginners.

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  • 24/7 customer support available via phone, live chat or email
  • Instant account verification
  • Most well know crypto platform
  • crypto insurance and all USD cash balances are covered by FDIC insurance, up to a maximum of $250,000.
  • Supports 135+ cryptocurrencies.
  • All Cryptos available can be withdrawn to crypto wallets
  • Ability to trade cryptos with other cryptos instantly.
  • Immediate deposits with interac debit.
  • User-friendly for beginners and advanced traders.
  • 98% of customer funds are stored offline.

Fees and Costs

Crypto purchase fee – typically between 3-10% (fees will vary depending on market conditions “spread”  and amount being purchased)

Deposit/Funding methods

  • Interac debit
  • Bank wire transfer

Signup Bonus

Yes get $12 worth of Bitcoin for free, when you purchase $127 worth of crypto with this link

Best For

Investors or beginners who are looking to trade a wide range of stablecoins or altcoins but are not to concerned with fees.


Deposit Methods:Interac e-Transfer, Wire transfer, Bank draft
Fiat Currencies:CAD
Deposit Fee:$0
Withdraw Fee:$25.00 flat fee

NDAX Summary

NDAX is a Canadian cryptocurrency exchange which is integrated into the Canadian banking system. NDAX is incorporated in the province of Alberta and has its headquarters in Calgary. Traders using NDAX will benefit from their low trading fees. Their trading platform features high quality charting where you can use custom indicators and draw features. NDAX also has a wide selection of cryptocurrency tokens and coin that are fully withdrawable to your own crypto wallet.


  • 24/7 customer support available via phone, live chat or email
  • high quality, security and compliance standards for retail clients and institutional clients.
  • Supports 20+ cryptocurrencies.
  • The ability to withdrawal a wide range of cryptocurrencies to a crypto wallet.
  • 5 million USD on its cold wallets to cover internal theft and Hardware Security Module malfunction
  • Segregated bank account held at a Canadian Crown-owned financial institution
  • Immediate (0-5min) deposits with interac e-transfer.

List of Cryptocurrencies Offered

  • Bitcoin
  • Ethereum
  • XRP
  • Tether
  • Cardano
  • Shiba Inu
  • Terra
  • USDC
  • Decentraland
  • Polkadot
  • EOS
  • Chainlink
  • Avalanche
  • Fantom
  • Dogecoin
  • Litecoin
  • Hedera
  • Stellar
  • The Graph
  • Axie Infinity
  • Uniswap
  • Aave
  • Compound

Fees and Costs

  • Crypto Buying and Selling fee – 0.2%
  • Withdrawal fee – $25 flat fee

Deposit/Funding methods

  • Interac e-transfer
  • Bank wire transfer
  • Bank draft

Signup Bonus

Yes $10 with this Link after depositing $100 with NDAX.

Best For

Any beginner or advanced trader looking for a Canadian crypto exchange with tight spreads.

#4 Coinsquare

coinsquare logo
Deposit Methods:Interac e-Transfer, Wire transfer, Wealth Wire, Rushed Wire, Direct Bank Deposit
Fiat Currencies:CAD, USD, EUR, GBP, CHF
Deposit Fee:$0
Withdraw Fee:1-2%

Coinsquare Summary

Coinsquare has been one of the first Canadian crypto exchanges in Canada. The customer experience is always top notch, with any issue being dealt with promptly. Their highly secure login that utilize Google 2FA security will make you gain even  more confidence in their services. Fees are relatively low and you are able to deposit Canadian dollars with interac e-transfer within minute and have it ready to purchase crypto. Coinsquare is 100% Canadian and their headquarters are in Toronto Ontario. It is also worth noting that their mobile trading app is one of the worst out of all the established Canadian crypto exchanges.


  • 24/7 customer support available via phone, live chat or email
  • Instant account verification
  • Supports 10 cryptocurrencies.
  • Ability to trade cryptos with other cryptos or fiat instantly.
  • Low Fees.
  • Immediate (0-5min) deposits with interac e-transfer.
  • User-friendly for beginners and advanced traders.
  • SSL and 2FA enabled, with a 95% cold storage policy on all digital currency.
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List of Cryptocurrencies Offered

  • Bitcoin
  • Ethereum
  • Litecoin
  • Bitcoin Cash
  • Bitcoin Cash SV
  • Dogecoin
  • Dash
  • Ripple
  • Ethereum Classic
  • Stellar

Fees and Costs

  • Trading Fees – QuickTrade – 0.2%-0.4%
  • Trading Fees – Advanced Trade – 0.1%-0.2%
  • Deposit Fees – None

Deposit/Funding methods

  • Interac e-transfer
  • Bank wire transfer

Signup Bonus

No but you can sign up with this Link

Best For

Investors who are looking to trade stablecoins or altcoins with the one of the most trustworthy Canadian exchanges.

Top Crypto Exchanges for Canadians FAQ's

Which crypto exchange has the lowest fees in Canada?

One of the lowest fees for a a Canadian crypto exchange is coinberry. coinberry has no deposit or withdrawal fees. The only fee when purchasing crypto is through their “spread,” which is between 0-2.5% more that is offered by their liquidity sources.

What is the best place to buy Bitcoin in Canada?

There are many places to purchase Bitcoin in Canada. Some of the best and trustworthy are Coinsquare, Coinbase and coinberry.

What is the safest crypto Exchange in Canada?

Safety in crypto in Canada is a real concern. Its important to trade with a regulated and reputable exchange. Coinbase is considered one of the safest and most highly regulated. Coinbase is a publicly traded company on the Nasdaq.

What is the best crypto app in Canada?

The 2 best crypto trading app in Canada are the NDAX app and coinberry app. NDAX has a 4.7/5 rating on the apple app store. Coinberry on the other hand has a 4.5/5 rating on the apple app store.

Which Cryptocurrency exchange would you NOT recommend to Canadians?

I would not recommend the following exchanges/platforms for buying and trading Cryptos:

Wealthsimple Crypto – Why? – high fees and large spread, no option to withdraw physical coins or token into a wallet.

Skrill Crypto platform – Why? – High fees and large spreads, only allowed to withdrawal bitcoin to a wallet. – Why? – Limited deposit feature with limited support for Canadians, small selection of tokens and coins.

Pros and Cons Top 4 Crypto Exchanges for Canadians

Coinberry Pros/Cons

coinberry Pros: Some of the lowest fees in Canada. Great mobile app

coinberry Cons: Somewhat of a low trustpilot review score.

Coinbase Pros/Cons

Coinbase Pros: High selection of cryptos to purchase and are withdrawable to a compatible wallet (135+). Good mobile app.

Coinbase Cons: Higher fees than its competitors.

Coinsquare Pros/Cons

Coinsquare pros: Highly secure and simple to use.

Coinsquare Cons: Lack of Cryptocurrencies available to purchase (10 Cryptos). Terrible Mobile app.

NDAX Pros/Cons

NDAX Pros: Great mobile trading app with high user rating. Excellent charting features.

NDAX Cons: The flat rate withdrawal fee ($25) is very high when withdrawing smaller amounts. Ex. $100-$25 fee = $75

Crypto Trading For Canadians

With Cryptocurrencies here to stay, it is important to trade with the very best Crypto exchanges for Canadians for 2022. Investing and making money with cryptos is not easy and in some cases is risky.

With so many untrustworthy exchanges on the web today it is not surprising to find beginners feeling uneasy dipping their toes into cryptos. 

Our goal was to put those feelings at ease with our list of the top 4 crypto exchanges for Canadian residents.

About This Article

Author: Mark Prosz

Sources of information and credits for this post include:

*A portion of the Sign up links to brokers websites are affiliate links. We may receive a commission with no charge to you. This enables us to keep creating helpful content for our readers for free.