Compare Canadian Crypto Exchanges

The team at RankFi analyzed 18 crypto exchanges across 60 features each, collecting a total of 1,000+ data points. This involved opening real accounts, buying Bitcoin on each platform, and comparing dozens of features like spreads, hidden fees, and more. While we try to keep this page updated, this info is subject to change.

Last Update: June 2023   |  Affiliate Disclosure

Overview

Name

Overall Rank

Total BTC Purchase Fee

Coins

Interac E-Transfer?

Cash Out $CAD?

Beginner Friendly?

Advanced Trading?

BTC Withdrawal Fee

Headquarters

Website

1/18

0.49%

30+

Yes

Yes

Yes

Yes

0.000399 BTC

🇨🇦 Calgary, CA

2/18

0.69%

75+

Yes

Yes

Yes

No

Dynamic + $5 Off

🇨🇦 Toronto, CA

3/18

0.66%

60+

Yes

Yes

Yes

Yes

0 BTC (Free)

🇨🇦 Toronto, CA

Binance

Binance [leaving]

4/18

1.60%

600+

No

No

No

Yes

0.0005 BTC

🌎 Remote

5/18

2.82%

700+

No

No

No

Yes

0.0005 BTC

🇸🇨 Seychelles

6/18

1.03%

2

Yes

Yes

Yes

No

0 BTC (Free)

🇨🇦 Montreal, CA

7/18

1.68%

200+

Yes

Yes

No

Yes

0.0004 BTC

🇸🇬 Singapore

8/18

1.60%

200+

Yes

Yes

Yes

Yes

0.0002 BTC

🇺🇸 USA

9/18

2.94%

55+

No

Yes

Yes

No

Dynamic

🇨🇦 Toronto, CA

10/18

1.24%

20+

Yes

Yes

Yes

No

0.00025 BTC

🇨🇦 Vancouver, CA

11/18

1.99%

20+

Yes

Yes

Yes

Yes

0.00035 BTC

🇨🇦 Toronto, CA

12/18

1.23%

40

Yes

Yes

Yes

Yes

Dynamic

🇨🇦 Toronto, CA

13/18

3.42%

300+

No

No

Yes

Yes

0.0003 BTC

🇱🇮 Liechtenstein

14/18

4.54%

140+

No

Yes

Yes

Yes

Dynamic

🌎 Remote

15/18

N/A

65+

No

No

No

Yes

Dynamic

🌎 Remote

16/18

2.51%

16

Yes

Yes

Yes

Yes

0.00025 BTC

🇨🇦 Toronto, CA

Coinberry

Coinberry [closing]

17/18

2.44%

25

Yes

Yes

Yes

No

0.0005 BTC

🇨🇦 Toronto, CA

Gate.io

Gate.io [banned]

N/A

2.92%

1400+

No

No

No

Yes

0.001 BTC

🇰🇾 Cayman Islands

Fees & Spread

Name

Total Purchase Fee

Total Selling Fee

$1000 Buy After All Fees

$1000 Sale After All Fees

CAD Deposit Fee

CAD Withdraw Fee

Trading Fee

Spread (BTC)

Ref. Price Difference

BTC Buy Price

BTC Sell Price

Reference Price (Google)

0.49%

0.26% + $4.99

$995

$992

0%

$4.99

0.20%

0.35%

Buy: +0.29%

Sell: -0.06%

$55,936

$55,738

$55,774

0.66%

0.44%

$993

$996

0%

0%

0%

1.11%

Buy: +0.66%

Sell: -0.44%

$56,141

$55,527

$55,774

0.69%

0.64%

$993

$994

0%

0%

0%

1.34%

Buy: +0.69%

Sell: -0.64%

$56,160

$55,418

$55,774

1.03%

1.21%

$990

$988

0%

0%

0%

2.26%

Buy: +1.03%

Sell: -1.21%

$56,351

$55,108

$55,774

1.23%

1.38%

$988

$986

0%

0%

0% to 0.50%

2.63%

Buy: +1.23%

Sell: -1.38%

$56,460

$55,013

$55,774

1.24%

1.42%

$988

$986

0%

0%

0.50%

1.67%

Buy: +0.74%

Sell: -0.92%

$56,189

$55,263

$55,774

1.60%

N/A

$984

N/A

1.80%

N/A

0.10%

0.00%

Buy: -0.30%

Sell: -0.30%

$55,607

$55,607

$55,774

1.60%

0.37% + $10

$984

$986

1.50%

$10

0.16% / 0.26%

0.05%

Buy: -0.06%

Sell: -0.11%

$55,739

$55,713

$55,774

1.68%

1.41%

$983

$986

0%

0%

0%

3.11%

Buy: +1.68%

Sell: -1.41%

$56,710

$55,000

$55,774

1.99%*

1.72%

$980

$983

0%

1.50%

2.00%*

0.41%

Buy: +0.29%

Sell: -0.12%

$55,936

$55,708

$55,774

2.44%

3.21%

$976

$983

0%

1.50%

0%

4.19%

Buy: +2.44%

Sell: -1.71%

$57,137

$54,838

$55,774

2.51%

1.69%

$975

$983

0%

1%

0.20%

2.82%

Buy: +2.31%

Sell: -0.49%

$57,065

$55,500

$55,774

2.82%

N/A

$972

N/A

3.00%

N/A

0.10%

0.00%

Buy: -0.28%

Sell: -0.28%

$55,619

$55,619

$55,774

Gate.io

Gate.io [banned]

2.92%

N/A

$971

N/A

3.00%

N/A

0.20%

0.00%

Buy: -0.28%

Sell: -0.28%

$55,617

$55,617

$55,774

2.94%

3.20%

$971

$968

0%

0%

1.50%

3.17%

Buy: +1.44%

Sell: -1.70%

$56,578

$54,839

$55,774

3.42%

N/A

$966

N/A

3.00%

N/A

0.75%

0.41%

Buy: -0.33%

Sell: -0.74%

$55,591

$55,363

$55,774

4.54%

5.50%

$955

$945

3.00%

3.99%

0%

3.07%

Buy: +1.54%

Sell: -1.51%

$56,635

$54,946

$55,774

N/A

N/A

N/A

N/A

N/A

N/A

0.40% / 0.60%

0.05%

Buy: -0.26%

Sell: -0.32%

$55,629

$55,598

$55,774

More Info

  • Our test involved buying and selling Bitcoin on 18 cryptocurrency exchanges simultaneously using Canadian dollar accounts. This test took place on Mar 2, 2022 between 4:41pm-4:43pm.
  • The Total Purchase Fee attempts to display the "all-in fee" to buy Bitcoin from deposit to purchase.
  • Please note the total purchase fee and selling fee is not updated in real time and should only be used as a reference.
  • *Bitbuy raised it's trading fee from 1.50% to 2% since the test took place.