As more Canadians look to enter the crypto market, the demand for reliable and secure cryptocurrency exchanges has never been higher. These platforms provide a crucial gateway for buying, selling, and trading digital assets, offering a user-friendly experience and access to different cryptocurrencies.
In this comprehensive guide, we’ll examine the best crypto exchanges in Canada for 2025, examining their unique features, fees, security, available coins, and user experience, to help you choose correctly.
| Exchange | Trading Fees | Best For | Max Leverage | Available Assets | Fiat Support | Security Features | Unique Features |
| UEEx | 0.09% Maker/Taker (spot);0.08-0.10% Maker/Taker (margin) | Traders looking to diversify their portfolio with crypto and stocks, all in one platform. | 200x | 200+ | CAD | – Distributed cold storage, – Access control with IP and wallet whitelisting, – Proof of Reserve | UE Coin Miner app, copy trading, access to US and Hong Kong stocks, Advanced trading tools |
| Bitbuy | 0.50% maker/taker fee (Pro Trade); varies for Express Trade | Beginners seeking a simple and secure platform with excellent customer support. | N/A | 50+ | CAD | Cold storage, Registered with FINTRAC, approved by OSC and CSA | Express Trade platform for quick transactions, Pro Trade platform for advanced trading, educational resources |
| Kraken | 0.25% (Maker), 0.40% (Taker) with volume incentives; 0.02% for all margin trading pairs except BTC (0.01%) | Security-conscious Canadian traders seeking advanced tools, staking, and NFT opportunities. | 5x | 175+ | USD, EUR, CAD, GBP, CHF, AUD, and JPY | FINTRAC registration, SOC 2 Type 1 certification | Staking, advanced trading tools, OTC trading, and NFT marketplace |
| VirgoCX | 0.0 maker fees, 0.10% taker fee for spot trading | Canadians seeking a secure and low-fee exchange with a wide selection of coins, including altcoins. | N/A | 60+ | CAD, USD | FINTRAC and CSA approved, $1 million insurance for crypto-related crime, 95% of assets in cold storage | Referral program, learning center, user-friendly platform and mobile app |
| Crypto.com | Maker/taker fees vary based on a tiered system, with lower fees for higher volume | Canadians who want a feature-rich platform with a wide range of products and services, including a Visa card with crypto rewards | 10x | 350+ | AUD, CAD, EUR, GBP, USD, BRL, TRY, and SGD | Passkeys, HSM, FIDO2, MFA, FINTRAC registration | User-friendly mobile app with a wide range of features, Crypto.com Visa Card with rewards and cashback, variety of DeFi services and earning opportunities |
| Wealthsimple Crypto | 1.5% – 2% depending on order type and province | Canadians who want a simple and secure way to buy and sell crypto, integrated with their existing Wealthsimple accounts, with access to stocks and ETFs. | N/A | 60+ | CAD | 2FA, encryption, Cold wallet, Regulated by the CSA, registered with FINTRAC, insured against theft | User-friendly platform, recurring buys, staking, access to stocks and ETFs, managed portfolios |
| Coinbase | 0.00%-0.40% (maker fees) and 0.05% – 0.60% (taker fees) | Canadians who want to Learn and Earn while using a user-friendly platform with a wide range of cryptocurrencies. | Up to 20x | 150+ | 60+ fiat currencies | MFA, Encryption, Pre-registration undertaking with the OSC | Educational resources, recurring buy feature, Coinbase Wallet, Advanced Trade platform with advanced charting and security features |
| NDAX | 0.2% flat fee for buying and selling | Canadians seeking low-fee trading on a secure and regulated platform with staking rewards. | N/A | 15+ | CAD | Registered with FINTRAC, pre-registered with the CSA, SOC2 Type II certification, insurance coverage | Staking rewards, easy signup and instant ID verification, customer support via live chat, phone, email, and support ticket |
| Changelly | Typically around 0.25% | Canadians who want to quickly and easily swap between a wide variety of cryptocurrencies. | N/A | 500+ | USD, EUR, CAD, AUD, GBP, HDK, TRY,RUB, CZK, DKK, NOK, PLN, SEK | Non-custodial platform | Fast and easy exchange process with no account needed, competitive exchange rates |
Top Exchanges in Canada in 2025
1. UEEx
Summary: Best for traders looking to diversify their portfolio with crypto and stocks, all in one platform.
UEEx is a global cryptocurrency exchange that gives Canadians a wide range of digital assets, competitive fees, and innovative features. UEEx stands out for its inclusion of stocks alongside cryptocurrencies, giving users access to traditional markets within the same platform.
Furthermore, UEEx has developed unique features like the UE Coin Miner app, allowing users to mine UE Coin, the platform’s native token. They also offer copy trading, enabling users to automatically mirror the trades of experienced investors.
These features, combined with competitive fees and a user-friendly interface, make UEEx an attractive option for Canadian traders seeking a comprehensive trading experience.
Pros
- Wide range of assets, including over 200 cryptocurrencies and stocks
- User-friendly platform and mobile app
- Competitive fees
- Innovative features like copy trading and the UE Coin Miner app
Cons
- Relatively new exchange compared to some established players
- Limited fiat currency support for withdrawals
Fees
- Spot Trading: 0.09% maker/taker fee
- Margin Trading: 0.08%-0.10% maker/taker fee
- Deposit Fees: Free for crypto deposits
- Withdrawal Fees: Free for internal crypto transfers; as low as 0.002 BTC / 1 USDT
2. Bitbuy
Summary: Best for beginners seeking a simple, secure, and regulatory-compliant platform.
Bitbuy is a Canadian-owned and operated cryptocurrency exchange that prioritizes ease of use and security. It’s a popular choice for beginners and experienced traders, offering a straightforward interface and a strong commitment to regulatory compliance.
With over 50 cryptocurrencies available for trading, Bitbuy provides a good selection of popular digital assets. With its Express Trade platform, users can quickly and easily buy and sell popular cryptocurrencies like Bitcoin and Ethereum with just a few clicks.
For more advanced traders, Bitbuy offers Pro Trade, a platform with advanced charting tools and order types. Bitbuy also provides a variety of educational resources, making it a great choice for those new to crypto.
Pros
- User-friendly interface
- Strong security measures
- Excellent customer support
- Registered with FINTRAC and approved by the OSC and CSA
Cons
- Limited selection of cryptocurrencies compared to some global exchanges
- Fees can be higher than some competitors
Fees
- Trading Fees: 0.50% maker/taker fee
- Deposit Fees: Free Interac e-Transfer deposits; fees may apply for other methods.
- Withdrawal Fees: Direct bank deposits and wire transfers attract a 1.5% fee. Crypto withdrawal varies based on network conditions and activities.
3. Kraken
Summary: Best for Canadian traders seeking advanced tools, staking, and NFT opportunities while prioritizing security.
Kraken is known for its robust security measures and commitment to regulatory compliance. It has a strong presence in Canada and offers multiple services to Canadian crypto traders, including spot trading, staking, and futures contracts.
Kraken is a registered Money Services Business (MSB) with FINTRAC in Canada, ensuring it meets Canadian regulatory requirements. With over 175 cryptocurrencies available, Kraken provides access to a wide selection of digital assets for Canadian investors.
For Canadian users, Kraken offers convenient funding options, including Interac e-Transfer for quick and easy deposits in CAD. For advanced traders, Kraken offers a Pro account with features like margin trading, OTC trading, and access to Kraken’s NFT marketplace.
Pros
- Strong security track record
- Over 170 cryptocurrencies for trading
- FINTRAC registration ensures compliance with Canadian regulations
- Offers staking for earning passive income on crypto holdings
Cons
- Margin trading is not yet available in Canada
- Pro account verification can take a few days
Fees
- Spot Trading Fees: 0.25% (Maker), 0.40% (Taker)
- Margin Trading Fees: 0.02% for all assets except BTC which trades at 0.01%.
- Withdrawal Fees: 0.00001 BTC for Bitcoin withdrawal, 0.00055 ETH for Ethereum, 2 USDC for USDC
4. VirgoCX
Summary: Best for Canadians who prioritize low fees and a wide selection of cryptocurrencies.
VirgoCX is a Canadian cryptocurrency exchange that has gained popularity for its competitive fee structure and extensive selection of digital assets. It provides a user-friendly platform with different coins and tokens to choose.
VirgoCX is a registered Money Services Business (MSB) with FINTRAC, ensuring it adheres to Canadian regulations. It also complies with PIPEDA, the Canadian law governing data privacy, and offers insurance of up to $1 million for crypto-related crime, demonstrating its commitment to protecting user funds.
One of VirgoCX’s key strengths is its commitment to offering many cryptocurrencies, including many altcoins and tokens that are not readily available on other Canadian exchanges. Trades can be executed easily on the desktop platform and the VirgoCX mobile app.
Pros
- Wide selection of cryptocurrencies, including many altcoins
- Competitive fee structure with no fees on deposits or withdrawals in CAD
- Registered with FINTRAC and compliant with PIPEDA
- Strong security measure
Cons
- Only caters to Canadian residents
- Only CAD and USD are available as fiat currencies
Fees
- Trading Fees: 0.0% maker fee, 0.10% taker fee for spot trading
- Deposit Fees: Free for Interac e-Transfer and wire transfers
- Withdrawal Fees: Free for Interac e-Transfer and Wire transfer; 0.000005112 BTC for BTC, 0.000172 ETH for Ethereum, 1.780471 USDC for USDC
5. Crypto.com
Summary: Best for users who want a feature-rich platform and enjoy using a Visa card with crypto rewards.
Crypto.com has gained significant popularity in Canada for its diverse offerings, including a user-friendly mobile app, a Visa card with crypto rewards, and various DeFi services.
Its mobile app provides access to features like staking, earning interest on crypto deposits, and participating in the Crypto.com Earn program for higher rewards. The Crypto.com Visa Card allows users to spend their crypto, earning cashback rewards on purchases easily.
These features, with a diverse product ecosystem, make Crypto.com a top choice for Canadians seeking a versatile and rewarding crypto experience.
Pros
- User-friendly mobile app
- Crypto.com Visa Card with rewards and cashback
- High-security ratings
- Non-custodial DeFi wallet
Cons
- Can be overwhelming for beginners due to the numerous features and products
- Not yet fully registered with Canadian regulators
Fees
- Trading Fees: Maker/taker fees vary based on a tiered system, with lower fees for higher trading volumes and CRO holders
- Deposit Fees: Free for most cryptocurrencies; fees may apply for certain methods
- Withdrawal Fees: $1.99 CAD withdrawal fee for withdrawal via Interac transfer. 0.00059904 BTC for Bitcoin, 0.005 ETH for Ethereum (ERC20), 10 USDC for USDC (Ethereum ERC20)
6. Wealthsimple Crypto
Summary: Best for Canadians who want a simple and secure one-stop shop for all their investments (crypto, stocks, ETFs)
Wealthsimple Crypto is the cryptocurrency trading platform offered by Wealthsimple, a popular Canadian online investment management service. It’s perfect for Canadians who are already day-trading stocks and want to try crypto for the first time.
Wealthsimple Crypto offers a limited selection of cryptocurrencies, focusing on the most popular ones like Bitcoin and Ethereum. This streamlined approach makes it easy for beginners to navigate the platform and start investing in crypto.
The platform is incredibly user-friendly, with no account or trading minimums. Your cryptocurrency is held by a third-party custodian and is insured against theft, providing an extra layer of security. They also provide managed portfolios, allowing a computer to handle your investing algorithmically for a low fee.
Pros
- User-friendly interface on desktop and mobile
- Secure and regulated platform with insurance against theft
- Access to stocks and ETFs within the same app
- Integration with other Wealthsimple services
Cons
- CAD is the only supported fiat currency
- No futures, options, or margin trading yet for crypto
Fees
- Trading Fees: 1.5% – 2% depending on the order type and province
- Deposit Fees: Free
- Withdrawal Fees: Free
7. Coinbase
Summary: Best for Canadians who want to Learn and Earn while using a user-friendly platform with diverse cryptocurrencies.
Coinbase is one of the largest and most popular cryptocurrency exchanges worldwide. While not yet fully registered, Coinbase has committed to a pre-registration undertaking with the Ontario Securities Commission (OSC) to chart a path to full registration, demonstrating its commitment to compliance with Canadian regulations
Coinbase offers more than 150 tradable cryptocurrencies, which should satisfy most investors looking to break into the crypto ecosystem. The platform stands out for its easy-to-use interface that makes one-time or recurring crypto transactions a snap.
Canadians interested in features like in-depth technical analysis, a self-custody wallet, and a Coinbase Wallet, can also enjoy the same on Coinbase.
Pros
- User-friendly interface and easy purchase process
- Strong user reviews and security features
- Allows users to stake various cryptocurrencies
- Learn and Earn program rewards users for learning about crypto projects
Cons
- Higher fees for convenience
- Customers have complained that Coinbase is slow to respond to support requests
Fees
- Trading fees: Maker fees ranging from 0.00% to 0.40% and taker fees ranging from 0.05% to 0.60%, depending on your 30-day trading volume.
- Deposit fees: Free for bank transfers (ACH,SWIFT(GBP)); fees may apply for other methods
- Withdrawal fees: Free for bank transfers(ACH, SEPA(EUR)); Free USDC withdrawal.
8. NDAX
Summary: Best for Canadians seeking low-fee trading on a secure and regulated platform with staking rewards.
NDAX is a Calgary-based cryptocurrency exchange founded in 2018. It is popular among Canadians due to its low fees, user-friendly interface, and commitment to security. NDAX is registered with FINTRAC and pre-registered with the Canadian Securities Administrators (CSA). It also has a SOC2 Type II certification.
NDAX offers a straightforward platform for buying, selling, and trading cryptocurrencies in Canada. It charges a single, flat fee for buying and selling, and there are low or no fees for deposits and withdrawals. NDAX also provides staking rewards on select cryptocurrencies.
Security is a top priority on the platform, with cold and hot wallet assets covered by millions of dollars worth of insurance. NDAX offers customer support via live chat, phone, email, and support tickets.
Pros
- Low fees to buy and sell crypto
- Easy signup and instant ID verification
- Secure platform with SOC2 Type II certification and insurance coverage
- Offers staking rewards
Cons
- Limited selection of cryptocurrencies (15+)
- No margin, futures, or options trading
Fees
- Trading Fees: 0.2% flat fee for buying and selling crypto
- Deposit Fees: No deposit fees
- Withdrawal Fees: $1.50 for Interac e-Transfer withdrawals; $4.99 for wire transfers; 0.000065 BTC for Bitcoin, 10 USDC for USDC (Ethereum network), 0.00199 ETH for Ethereum (ERC20)
9. Changelly
Summary: Best for Canadians who want to quickly and easily swap between cryptocurrencies.
Changelly is a non-custodial instant cryptocurrency exchange platform that focuses on providing a fast and simple way to exchange cryptocurrencies. It supports many coins and tokens, making it a good option for Canadians who want to diversify their crypto holdings or trade between different assets.
Changelly stands out for its streamlined exchange process. Without an account or lengthy verification procedures, users can simply select the coins they want to exchange, enter the amount, and provide their wallet address. Changelly then finds the best exchange rate available and facilitates the swap quickly and efficiently.
This focus on speed and simplicity makes Changelly a convenient option for those who want quick transactions.
Pros
- Simple, easy-to-use interface
- Fast and easy exchange process with no account needed
- Competitive exchange rates
- Non-custodial platform, meaning users retain control of their funds
Cons
- Not regulated in Canada
- Limited customer support options
Fees
- Trading Fees: Vary depending on the cryptocurrency pair, typically around 0.25%
- Deposit Fees: N/A
- Withdrawal Fees: N/A
Why Use a Crypto Exchange in Canada?
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Cryptocurrency exchanges have become essential gateways for Canadians looking to trade digital assets. These platforms offer a secure and regulated environment to buy, sell, and trade cryptocurrencies, providing several benefits over alternative methods:
- Security and Compliance: Reputable Canadian crypto exchanges are registered with FINTRAC and comply with Canadian regulations, ensuring user protection.
- Convenience and Accessibility: Exchanges offer user-friendly platforms and mobile apps, making it easy for Canadians to access the crypto market and manage their digital assets.
- Variety of Cryptocurrencies: Most Canadian exchanges offer a diverse selection of cryptocurrencies, allowing users to diversify their portfolios beyond just Bitcoin.
- Canadian Dollar Support: Exchanges provide seamless integration with Canadian banking systems, enabling users to deposit and withdraw funds in Canadian dollars conveniently.
- Additional Features: Many platforms offer extra features like staking, earning interest on crypto holdings, and accessing DeFi services, further enhancing the user experience.
What to Consider When Choosing a Crypto Exchange in Canada
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Before deciding on a crypto exchange, here are some key factors to consider:
- Fees: Pay close attention to the fee structure. Trading fees, deposit fees, and withdrawal fees can vary significantly between exchanges. Look for competitive rates and transparent fee schedules.
- Security: Prioritize exchanges with robust security measures, including two-factor authentication (2FA), cold storage for funds, and insurance against potential hacks or theft. Check if the exchange is registered with FINTRAC and complies with Canadian regulations.
- User Experience: Choose a platform with a user-friendly interface that is easy to navigate, especially if you are a beginner. Consider whether the exchange offers a mobile app for trading on the go.
- Available Cryptocurrencies: Ensure the exchange supports the specific cryptocurrencies you want to buy, sell, or trade. Some exchanges offer a wider selection of coins and tokens than others.
- Customer Support: Look for an exchange with responsive and helpful customer support in case you encounter any issues or have questions.
- Payment Methods: Consider the available payment methods and whether they align with your preferences. Many Canadian exchanges support Interac e-Transfer for fast and convenient deposits.
- Other Features: Depending on your needs, you might consider additional features like staking, margin trading, derivatives trading, or access to DeFi services.
Getting Started with UEEx in Canada
Ready to start trading with UEEx in Canada? Here’s a step-by-step guide to get you started on the platform:
1. Open an Account
Go to the official website of UEEx and click on “Sign Up” at the top right-hand corner of the homepage. Enter your email address or phone number with the country code and create a strong, unique password.
You will receive a verification code to confirm your email address or phone number. If you have an invitation code, enter it when opening the account so you’ll receive a commission.
2. Deposit Funds
You can deposit funds to start trading immediately. Go to the “Asset Management” section of the platform. Find the “Recharge” section under your chosen asset and select the crypto or fiat option you want to use.
Follow the on-screen instructions to complete the deposit process. The waiting time for the deposit to clear will depend on the cryptocurrency or fiat currency you used and the necessary block confirmations or deposit processing time.
3. Begin Trading
Now you’re ready to buy your first cryptocurrency! Explore the platform features and start trading. UEEx offers a user-friendly interface suitable for both beginners and experienced traders.
UEEx also offers unique features like the UE Coin Miner app, which allows you to mine UE Coin, the platform’s native token. You can also try copy trading on the exchange.
Conclusion
With so many exchanges operating in Canada, making a choice can be difficult. In the end, it boils down to your preferences. This guide has equipped you with the knowledge of the top exchanges to make that choice easier.
Whether you prioritize low fees with NDAX, diverse assets with UEEx, or a user-friendly experience with Bitbuy, opt for an exchange that satisfies your preferences and meets your trading needs.
Now, take the next step and start your crypto trading journey with the exchange that aligns best with your goals.
FAQ
1. What is the best crypto exchange in Canada?
The “best” exchange depends on your individual needs. Consider factors like fees, security, available coins, and user experience. This guide reviews several top Canadian exchanges to help you find the perfect fit.
2. What is the best crypto app in Canada?
Many Canadian exchanges offer user-friendly mobile apps. Bitbuy, Wealthsimple Crypto, and Crypto.com are known for their excellent mobile experiences.
3. How do I choose a crypto exchange?
Consider factors like fees, security features, ease of use, available cryptocurrencies, and customer support. This guide provides a detailed breakdown of what to look for when choosing an exchange.
4. What are the best resources for learning about crypto in Canada?
Start with the official websites of FINTRAC and the Canadian Securities Administrators (CSA). Online communities, educational platforms like Bitbuy Learn, and industry events can also be valuable resources.
5. Which exchanges are licensed in Canada?
Look for exchanges that are registered with FINTRAC as Money Services Businesses (MSBs), the OSC, or the CSA. This guide highlights the regulatory status of each exchange reviewed.
