Crypto for Canadians
Your guide to buying and trading cryptocurrency in Canada
Canadians have several convenient options to purchase cryptocurrency. Here are the most popular methods:
- Crypto Exchanges: Platforms like Newton, Shakepay, Bitbuy, and Coinberry offer user-friendly interfaces for buying with CAD.
- Bitcoin ATMs: Over 1,000 machines across Canada allow instant cash purchases.
- OTC Trading: Direct trading for large amounts through services like Kraken OTC.
- P2P Trading: Platforms like LocalBitcoins connect buyers and sellers directly.
- Brokers: Personalized services from Coinsquare and NDAX, though with higher fees.
When choosing an option, consider security, fees, ease of use, and provider reputation.
Shakepay
Shakepay offers a simple mobile app for buying Bitcoin and Ethereum with CAD, plus a Visa debit card for spending crypto.
- Low fees and competitive rates
- Cold storage with multi-signature security
- Easy setup via mobile app
Newton
Newton provides a user-friendly exchange with low fees and multiple cryptocurrencies including Bitcoin and Ethereum.
- Fast order execution
- Cold storage security
- Ideal for beginners and pros
Crypto.com
Crypto.com offers trading, a Visa card with cashback, and interest-earning accounts for various cryptocurrencies.
- Visa card accepted at 70M+ merchants
- Up to 14% interest on holdings
- Mobile app for easy management