Top 10 Crypto Exchanges in Canada – 2025

Canada’s crypto market is thriving, offering a diverse range of platforms for both beginners and seasoned traders. From user-friendly apps like Shakepay to advanced trading platforms like Kraken, Canadian crypto exchanges provide a range of features, fee structures, and levels of regulatory oversight. Whether you’re looking for a secure, regulated platform, a high-volume trading hub, or a straightforward, low-fee option, there’s an exchange to fit your needs. In this guide, we’ll explore the top 10 crypto exchanges in Canada, highlighting their key features, strengths, and what sets them apart.

Top Regulated Crypto Exchanges in Canada

1. Bitbuy

Bitbuy stands as one of Canada’s leading cryptocurrency exchanges and consistently ranks among the Top 10 crypto exchanges in Canada. Known for its robust security, regulatory compliance, and user-friendly platform, it is registered with the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC), the Ontario Securities Commission (OSC), and the Canadian Securities Administrators (CSA). This oversight ensures high levels of transparency and security, with over 90% of digital assets held in cold storage and insured against theft. Bitbuy supports over 50 cryptocurrencies, offering a diverse range of trading options for both novice and experienced traders. Its services include free deposits and withdrawals through Interac e-Transfer and bank wire transfers, making it a convenient choice for Canadian residents. Additionally, Bitbuy offers a private wealth service for high-net-worth individuals looking to trade over $50,000, providing personalized support and competitive rates. If you’re wondering which is the best app to buy crypto in Canada, Bitbuy stands out as a solid choice.

2. Crypto.com

Crypto.com has established itself as a popular choice for traders seeking a broad range of cryptocurrencies and innovative financial tools. It supports over 400 cryptocurrencies and offers a wide array of services, including spot trading, crypto-to-crypto pairs, and fiat purchases. Crypto.com’s ecosystem is powered by its native token, $CRO, which offers users various benefits like trading fee discounts, enhanced staking rewards, and exclusive promotions. The platform also features the Crypto.com Visa Card, which provides cashback rewards and additional perks for cardholders. In addition to its trading platform, Crypto.com offers a non-custodial DeFi wallet, giving users full control over their private keys and secure storage for a variety of assets, including NFTs. It is registered with FINTRAC, ensuring compliance with Canadian regulations.

3. NDAX

NDAX (National Digital Asset Exchange) is a Canadian cryptocurrency exchange known for its straightforward pricing and user-friendly design. Registered with FINTRAC and the Canadian Investment Regulatory Organization (CIRO), NDAX offers a simple, flat 0.2% trading fee, making it one of the most cost-effective platforms for Canadian traders. It supports over 40 digital assets, including major cryptocurrencies such as Bitcoin and Ethereum, as well as a diverse range of altcoins. NDAX also offers advanced trading features, including limit orders, market orders, and detailed charting tools, catering to more experienced traders. Its platform includes multiple funding options, including free Interac e-Transfers and bank wires, as well as a comprehensive staking suite with 12 stakable assets, allowing users to earn passive income.

4. Wealthsimple Crypto

Wealthsimple Crypto, launched in 2020, became Canada’s first regulated crypto trading platform through the CSA’s regulatory sandbox. It is ideal for beginners, offering a straightforward, no-minimum approach to crypto investing. Registered with FINTRAC, the OSC, and the CSA, Wealthsimple Crypto supports over 90 digital assets and offers a simple, user-friendly interface. The platform includes theft insurance up to $75 million, providing an added layer of security for users. However, it charges a flat operational fee of 1.5% to 2% per transaction, which is included in the quoted price, making it slightly more expensive for frequent traders.

5. Kraken

Kraken is known for its security-first approach and extensive range of digital assets. Registered with FINTRAC, it supports over 175 cryptocurrencies and offers a wide variety of trading pairs. Canadian users can fund their accounts through wire transfers, Interac e-Transfers, and even in-person deposits at select Canada Post locations. Kraken also stands out for its staking services, offering returns of up to 24% on select assets. Additionally, Kraken NFT provides users a fee-free platform to explore, collect, and trade NFTs, making it a versatile choice for those interested in both trading and digital collectibles.If you’re trying to decide which is the best app to buy crypto in Canada, Kraken’s comprehensive features make it a top contender.

6. Shakepay

Shakepay is a user-friendly, commission-free platform tailored for Canadians seeking a quick and secure way to invest in Bitcoin and Ethereum. As a registered Money Service Business with FINTRAC and a regulated investment dealer across all Canadian provinces and territories, Shakepay ensures a high level of compliance and oversight. The platform offers fast, free Interac e-Transfers for seamless deposits and withdrawals, while maintaining robust security measures, including institutional-grade asset custody, to protect user funds. However, it exclusively supports transactions on the Bitcoin and Ethereum networks, emphasizing simplicity and reliability. Shakepay is a great option for those looking for Best platform to buy bitcoin in Canada.

7. Coinsquare

Coinsquare, one of Canada’s oldest crypto exchanges, is regulated by the Investment Industry Regulatory Organization of Canada (IIROC). It recently merged with CoinSmart and WonderFi in 2023, forming a major player in the Canadian crypto market. Coinsquare offers trading in over 60 cryptocurrencies and 3,000 trading pairs, making it a comprehensive platform for both retail and institutional investors. It also supports staking, allowing users to earn up to 11.57% on select assets, providing a range of passive income opportunities.

8. Newton

Newton is a user-friendly platform that supports over 70 different cryptocurrencies. Registered with the Ontario Securities Commission (OSC), it offers low fees and secure trading options. Newton’s staking service allows users to earn up to 5.9% APY on select Proof-of-Stake assets, making it a solid choice for those looking to earn passive income alongside their trading activities.

9. Paytrie

Paytrie is a Canadian platform designed to make buying and selling stablecoins simple and affordable. It is a non-custodial exchange registered as a Money Service Business with FINTRAC, ensuring compliance with Canadian regulations. Paytrie charges a flat 0.6% fee per transaction with no hidden charges, providing a transparent and cost-effective way for users to manage their digital assets.

10. Netcoins

Netcoins is a fully regulated Canadian trading platform registered with FINTRAC, the Canadian Securities Administrators (CSA), and the British Columbia Securities Commission (BCSC). It offers over 30 cryptocurrencies and provides free Interac e-Transfers for deposits, along with free crypto deposits and bank wires for larger transactions. Netcoins also emphasizes security and customer support, making it a reliable choice for both beginners and experienced traders.

How to Choose the Right Crypto Exchange for You

Choosing the right crypto exchange is crucial for a secure and seamless trading experience. Here are some key factors to consider:

Security and Regulation: Ensure the exchange is registered with Canadian regulators, such as FINTRAC, OSC, or CSA, for added security. This regulatory oversight helps reduce the risk of fraud and enhances transparency, ensuring that the platform adheres to strict financial reporting standards. Additionally, platforms like Bitbuy and Netcoins offer robust security features, including cold storage and insurance, which provide an extra layer of protection for user funds.

Asset Variety: If you want access to a wide range of cryptocurrencies, consider exchanges like Crypto.com (over 400 assets) or Kraken (over 175 assets), which support a diverse array of trading pairs and altcoins. This can be particularly useful if you plan to explore niche assets or participate in the broader digital economy, including NFTs and DeFi projects.

Fees and Costs: Trading fees can significantly impact your profits over time. Platforms like NDAX offer competitive, flat fees that are easier to calculate and understand.

Ease of Use: For beginners, straightforward platforms like Shakepay and Wealthsimple Crypto provide simple interfaces, quick transactions, and clear pricing structures. These platforms often prioritize user experience, making it easy to buy, sell, and store crypto without technical complications.

Advanced Features: If you’re a more experienced trader, look for platforms that offer advanced tools like limit orders, staking, margin trading, and detailed charting. Platforms like NDAX and Kraken stand out in this regard, providing professional-grade tools for strategic trading.

Payment Options: Choose exchanges with convenient deposit and withdrawal methods. Platforms like Bitbuy and Netcoins support popular options, including Interac e-Transfers, bank wires, and in-person cash deposits at select locations, offering flexibility for Canadian users.

Customer Support and Reputation: A reliable support team can make a big difference during trading. Established platforms like Coinsquare and Crypto.com often have strong customer support and positive reputations within the crypto community, ensuring smoother issue resolution and a more trustworthy trading environment.

Also Read: Crypto Exchange Access Worldwide: Legal Zones, Licensed Markets, and Restricted Regions 

Conclusion

Canada’s crypto landscape continues to evolve, with numerous exchanges catering to a wide range of traders, from beginners to experienced professionals. Whether you prioritize low fees, advanced features, or a beginner-friendly interface, there’s an exchange for you. Always choose a platform with strong security measures, solid customer support, and the cryptocurrencies you’re interested in.

By selecting one of these top 10 crypto exchanges in Canada, you can confidently dive into the world of digital currencies, knowing you’re using a reputable and secure platform. Whether you’re wondering which is the best app to buy crypto in Canada or seeking the best platform to buy bitcoin in Canada, this guide provides a solid foundation for making an informed choice.

Disclaimer: This article is intended solely for informational purposes and should not be considered trading or investment advice. Nothing herein should be construed as financial, legal, or tax advice. Trading or investing in cryptocurrencies carries a considerable risk of financial loss. Always conduct due diligence. 

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