MEXC Global offers zero KYC, high liquidity on 1,700+ cryptocurrencies, zero-spot trading fees, and 200+ futures trading pairs. See why 10 million investors have signed up for this platform.
Find the Best Crypto Exchange in Canada
We signed up for every crypto brokerage and exchange so you don't have to.
Find the Best Crypto Exchange in Canada
We signed up for every crypto brokerage and exchange so you don't have to.
We Test and Review Crypto Exchanges So You Don't Have To
Save hours of research and avoid hidden fees. Our reviews cover everything you need to know, from fees to security to altcoins and more.
Our Top Picks 2023
NDAX
NDAX had the lowest fee to buy Bitcoin with Canadian dollars (18 platforms tested). It's the best choice in Canada.
Newton
Newton has a great user interface, $5 off your crypto withdrawals, and is adding new features regularly.
MEXC
MEXC is one of the largest non-KYC crypto exchanges and best Binance and KuCoin alternatives.
We rigorously test every crypto exchange using a data-driven approach. For our 3rd annual review, RankFi analyzed 26 crypto exchanges across 60+ data points each.
Exchanges Reviewed
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How to Choose a
Crypto Exchange
With so many options out there, how do you know which crypto exchange is right for you? Look at these 5 key factors when selecting a platform.
Fees are usually highest in the spread, but there are other fees to consider as well such as trading fees, deposits fees, withdrawal fees, and more. RankFi tests for 15 different fee types.
With many crypto exchange hacks, security needs to be a priority. Look for platforms that use cold storage, 2-factor authentication, and implement robust security measures.
Determine which features you need like a wide variety of altcoins, beginner trading, or advanced trading tools. Then check which options are available in your province. It's common to use multiple crypto exchanges.
Convenient deposit and withdrawal methods are important when buying and cashing out crypto from your bank account. Interac e-Transfers and bank transfers are the most popular and quickest methods in Canada.
Look for a platform that is beginner-friendly and user-friendly and consider things like speed, account opening process, customer support, reliability, and so on.
Learn More About Crypto Exchanges in Canada
What Is The Largest Cryptocurrency Exchange?
The world's largest crypto exchange by trading volume is Binance, with billions of dollars in daily trading volume.
How Does RankFi Test Crypto Exchanges?
RankFi tests crypto exchanges by analyzing 60 data points for each platform, including fees, security, user experience, and more. We also open accounts and conduct in-depth reviews to provide the most detailed information.
Is It Safe to Store Crypto On An Exchange?
While storing crypto on an exchange can be convenient, it is not considered the safest. Over the years, many exchanges have collapsed, resulting in the loss of customer funds. The safest way to store digital assets is on a secure, offline wallet.
How Do I Avoid Crypto Exchange Fees?
Be aware that the highest fees are usually hidden in the spread. You should also look at the trading fees, deposit fees and withdrawal fees. RankFi tests 15 different types of fees for each platform and our comparison tool helps you easily compare all of them.
Latest Updates
RankFi
Nov 24, 2023
Shakepay is trusted by 1 million Canadians for Bitcoin and Ethereum purchases. It also has lots of ways to earn free Bitcoin.
Alex Dabek
Oct 23, 2023
There are several spot Bitcoin ETFs in Canada, which give investors direct access to Bitcoin’s price through a traditional securities exchange.
RankFi
Oct 20, 2023
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The material contained on this website is for informational purposes only and RankFi.com, and its affiliates, is not soliciting any action based upon such material. The material is not to be construed as an offer or a recommendation to buy or sell investments nor is it to be construed as investment advice. RankFi.com is not a registered investment, legal or tax advisor or a broker/dealer. All content should be used and must be used for informational purposes only. It is very important to do your own analysis before making any investment.