Best Crypto Exchange Canada 2022 - 5 Lowest Fee Bitcoin Exchanges.
If you are a Canada-based trader who is looking to buy cryptocurrency, then you must partner with a reputable broker that can facilitate your trades safely and cost-effectively.
To help with the decision-making process, this article explores the Best Crypto Exchange Canada in detail, highlighting the best platforms for traders and showing you how to open an account with a Canadian Bitcoin exchange – all in a matter of minutes!
The Best Canadian Crypto Exchanges for 2022.
Found below is our list of the best Canadian crypto exchanges, determined through in-depth research and testing:
– Overall Best Crypto Exchange Canada for Beginners – Trusted Canadian Crypto Exchange with Huge Asset Selection – Reputable Crypto Exchange with Free Wallet App Crypto.com – Popular Crypto Platform with Low Fees Kraken – Top-Rated Bitcoin Exchange Canada for Crypto Staking.
Lets review each of the top crypto exchanges in Canada mentioned above, so you can learn more about how to buy Bitcoin and other cryptos, easily and securely.
1. Bitbuy – Overall Best Crypto Exchange Canada for Beginners.
Our number one pick when it comes to Canadian Bitcoin
exchanges is Bitbuy. The platform has over 350,0000 registered users and allows users to trade 15 of the most popular cryptocurrencies on the spot market. An over-the-counter service caters specifically to investors who want to put more than $50,000 into the crypto market at once.
Bitbuy has some of the lowest crypto trading fees you’ll find in Canada. The exchange charges just 0.20% per transaction when you buy crypto instantly, regardless of what coin you buy or sell. If you use the professional trading platform, the fee drops to 0.10%. Bitbuy accepts Interac bank transfers and bank wires.
Importantly, bitcoin Bitbuy also offers a mobile app that makes it easy to trade on the go. It’s simple to use and buy bitcoin
gives you the ability to buy and sell cryptocurrencies instantly, with the same low fees you’ll find online. The Bitbuy app is available for iOS and Android.
If you purchase and hold some Binance Coin (BNB
), you can even reduce these fees by up to 25%. Binance also provides users with the option to 'Instant Buy' crypto, meaning you can purchase immediately using a credit/debit card. Finally, Binance even offers an NFT marketplace, allowing users to purchase digital assets easily.
However, if you use Coinbase Pro, the fees are lower, with a maker/taker fee of 0.50% each way. In terms of asset selection, Coinbase allows users to trade on over 100 crypto assets, including major coins such as BTC, ETH, and USDT. Finally, Coinbase provides a free, self-custody crypto wallet for all users, supporting over 4000 assets and even allowing you to store NFTs.
5. Kraken – Best Bitcoin Exchange Canada for Staking.
The final cryptocurrency exchange in Canada that we’ll discuss is Kraken. Much of Kraken's appeal is due to its user-friendly trading experience, allowing users to make trades in just a few clicks. Users can trade over 80 crypto assets and pay between a maker/taker fee of 0% to 0.26% per trade.