Find the Best Crypto Exchange in Canada

We signed up for every crypto brokerage and exchange so you don't have to.

Save Hours of Research

Let RankFi do the hard work for you. We analyzed 20+ crypto exchanges across 60 features each, to help you find the best choice.

RankFi CEX Comparison

Our Top Picks for 2023

Best Fiat On-Ramp

NDAX checks all of the boxes. It had the lowest fees to buy Bitcoin, free CAD deposits, and more.

  • Lowest all-in fee to buy Bitcoin
  • Beginner and advanced trading
  • Free Interac e-Transfers
  • Higher withdrawal fees
  • Only 30+ cryptocurrencies

Runner Up

Newton has a great user interface, $5 off your crypto withdrawals, and is adding new features regularly.

  • 75+ cryptos
  • Modern and sleek UX
  • Free Interac e-Transfers
  • Fees have increased since 2022
  • No advanced trading

Best Altcoin Exchange

KuCoin has the best rates for altcoins, advanced features, and is the best Binance alternative for Ontario residents.

  • 700+ cryptocurrencies
  • High trading volume and low fees
  • Sign up with email only (no KYC)
  • Not regulated in Canada
  • Not beginner-friendly

Get The Best Rates

We bought Bitcoin on 25 platforms to find the all-in fee from deposit to purchase. Note, these numbers are not updated in real time and should only be used as a reference.

RankFi Price Test

Real Reviews, Backed By Data

Our reviews cover everything you need to know, from fees to security to altcoins and more. We tested each platform ourselves, so you can make informed decisions with confidence.

Why Trust Us?

Our reviews are more than just opinions. RankFi analyzed 24 platforms across 60 data points each to give you the most accurate and detailed reviews in Canada.

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Platforms Reviewed

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Data Points


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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.

1) Low Fees

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.

2) High Security

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.

3) Features

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.

4) Deposit Methods

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.

5) Ease of Use

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

Netcoins Bitcoion Cashback Card

Netcoins Pay users will enjoy 1% Bitcoin cashback on every purchase they make. No annual fees.

May 22, 2023
Coinbase Canada Review

While Coinbase is one of the safest exchanges in the world, it’s also one of the most expensive. Here’s everything you need to know.

May 21, 2023
Netcoins Review

Netcoins is a public crypto exchange for Canadians with 30+ coins, beginner trading, and a Bitcoin rewards card.

May 16, 2023

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RankFi CEX Comparison