Buying Bitcoin in Canada can be a bit tricky. The market is new and still developing, so you have to do your research before making any decisions on how to buy cryptocurrency.
There are many exchanges out there but they all have different pros and cons, fees and interfaces. Some of them also require you to verify your identity which can take several days if not weeks!
We’ve done the hard work for you by testing out the top Canadian crypto exchanges to find which ones will work best for you based on a number of criteria.
In this blog post we’ll answer all of the most common questions about buying crypto on an exchange in Canada, including coins you can buy, fees, what it takes to get verified as well as step-by-step instructions on how to buy Bitcoin or Ethereum with CAD.
Let’s get started.
Our Top Picks
Cryptocurrency exchanges Canada
Wrapping up, there are many exchanges designed and built specifically for Canadian citizens but there are also many exchanges that offer trading services that allows for CAD deposits.
When deciding on what Canadian exchange to trade cryptocurrency you want to trade on, it ultimately comes down to coin pairs available, overall fees, convenience of deposit options and an easy-to-use trading environment.
Let us know if we missed any exchange or there is a Canadian cryptocurrency exchange you prefer over the other.