If you are from Canada and you are looking for a way to buy Bitcoin or any cryptocurrency, continue reading because in this article I will list 3 of the best bitcoin exchanges that you can use if you are from Canada.
You don't have to use a Bitcoin exchange that is based in Canada, but using one will improve your overall experience because you'll actually get to see the price of Bitcoin in Canadian Dollar (CAD), so you no longer have to convert from USD to CAD to get the price of Bitcoin.
Using a Canadian based bitcoin exchange has a lot of advantage if you are from Canada:
- You can choose between multiple methods to fund your account.
- Faster deposits and withdrawals.
- Faster account verification.
Sign-up and verify your account as soon as you can, so that when you decide to make your first purchase/trade, you won't have to wait for the verification process to finish
The Best Bitcoin Exchanges in Canada for 2018
The Most Popular Bitcoin Exchange in Canada
This Bitcoin exchange is based in Vancouver, British Columbia, Canada. You can use this Bitcoin exchange to buy or sell Bitcoin, Ethereum, Litecoin, Bitcoin Cash and Bitcoin Gold with Canadian Dollor.
The daily trading volume of this exchange is around $18 Million CAD.
| Trading Volume | $18 Million CAD (24h) |
| Cryptocurrencies | Bitcoin, Ethereum, Litecoin, Bitcoin Cash and Bitcoin Gold. |
| Fiat | Canadian Dollar (CAD) for Canadian users and USD for international users. |
| Deposit Methods |
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| Traded Pairs | BTC/CAD, ETH/CAD, LTC/CAD, BCH/CAD, BTG/CAD and ETH/BTC |
| Trading fee | Between 0.2% and 0.5%. |
| Based in | Vancouver, British Columbia, Canada. |
| Alexa Ranking | This exchange ranks as the 111th most popular website in Canada! |
| Visit The Exchagne |  |
Another Great Exchange to Buy Bitcoin in Canada
This exchange is based in San Francisco, California, United States. If you can't use the previous exchange, this is a great alternative to buy Bitcoin, Ethereum, Litecoin or Bitcoin Cash.
This Bitcoin exchange doesn't allow Canadian citizens to sell their cryptocurrencies, so you can use this exchange to only buy but not sell.
| Fiat | Canadian Dollar (CAD) |
| Cryptocurrencies | Bitcoin (BTC), Litecoin (LTC), Ethereum (ETH), Bitcoin Gold (BTG) and Bitcoin Cash (BCH). |
| Deposit Methods | Credit Card or Debit Card. |
| Based in | San Francisco, Calofirnia, United States. |
| Alexa Ranking | This exchange ranks as the 89th most popular website in Canada! |
| Mobile App | They provide you with an iOS or Android App if you prefer to use your phone |
| Visit The Exchange |  |
The Cryptocurrency Exchange to use in Canada
This is the most used exchange for trading cryptocurrencies, this cryptocurrency exchange's daily volume exceeds $3.2 Billion CAD.
After you have made your fist cryptocurrency purchase using one of the above exchanges, you can use this exchange to trade almost all of the popular cryptocurrencies.
This cryptocurrency exchange doesn't support any fiat currency, so to start trading your favorite cryptocurrency, you have to fund your account using a cryptocurrency that you've purchased using one of the previously mentioned exchanges that support fiat deposits
Account verification is not required if your daily withdrawal is below 2 BTC. You can verify your account any time you want to increase your daily withdrawal to 100 BTC.
| Trading Volume | $3.2 Billion CAD |
| Cryptocurrencies | This exchange support most of the popular cryptocurrencies, right now about 94 cryptocurrencies are supported and this number keeps growing everyday. |
| Based in | Hong Kong |
| Alexa Ranking | This exchange ranks as the 222th most popular website in Canada! |
| Visit The Exchange |  |
Too Long Didn't Read?
Use One of these exchanges to buy some cryptocurrencies using Canadian Dollar (CAD)
Use this exchange for trading most of the popular cryptocurrencies
Similar Post: The Best Bitcoin Exchanges of 2018 - Buy and Sell Bitcoin and other Cryptocurrencies
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One thing about Quadriga that made me stop being able to use it is the fact that you need a bank card WITHOUT a visa logo on it. I used to have one of those but then my bank sent out all these new cards with the visa logo and it no longer works with Quadriga.
You can open a savings account at RBC, which will get you a non-Visa debit card.
For now it may work. There is the hassle of sending money to that account (with a fee) or getting my pay and bills sent/withdrawn from a new account to start using it. I just pay the slightly higher fee for coinbase now using my bank card with the visa logo like a credit card. Plus there would be another monthly fee for the account. Thanks though.
Wow, thanks for the information
This is worthy of giving a try
thank's for information @arnoldwish...!
excellent info, thanks for sharing @arnoldwish. I'm in Canada and use www.BitBUY.ca. It was easy to set up and easy to do the eTransfer for buys . What is your take on BitBUY?
Also, I'm looking for an exchange with Canadian access to buy Ripple and the major exchanges don't offer it yet for Canadians - any suggestions?
Until recently I agreed that QuadrigaCX was THE crypto-exchange for Canadians, but they have cut off all funding deposit methods. They no longer allow bank wires or EFT. The only supported way to send CAD funds to Quadriga is to use a Panamanian company called CryptoCapital, and all I can find about them is negative reviews.
I would use Coinbase https://www.coinbase.com/join/5955358402bf5b00b597da36 (USA) to convert USD to BTC then transfer BTC out to Binance https://www.binance.com/?ref=12558281. Binance 0.1% per purchase. If you purchase BNB tokens (directly from Binance) your trading fees is 0.05% per order while Coinbase/GDAX is 0.5%. By the way, use GDAX to convert USD to BTC not Coinbase ( coinbase owns GDAX). You still need a Coinbase account. Use a market order in GDAX to avoid 3.99% fees to convert USD to BTC.
I found Quadriga very easy to sign up to ... I had a few probs and Quadriga
staff worked with me until they resolved my Delmar .... I do think how ever with all exchanges ..the growth of cryptocurrencies all exchangers has to grow with the market...
Excellent information been provided! Thanks for sharing.
Can i know whether cryptocurrency exchange is legalized in Canada or not?
Classification of cryptocurrencies always seems to be a challenging and however centre point for regulators. Recently, Chetan Phull, the Canadian Bar Association (CBA) called on parliament to legalize cryptocurrencies as ‘money’.
Check out here: https://goo.gl/cY7PT1