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Registered Crypto Platforms in Canada (2026)

By ForexCanada Editorial Team · Updated

Since 2023, crypto trading platforms serving Canadians have had to register with (or give pre-registration undertakings to) Canadian securities regulators. Several global exchanges — including Binance and Bybit — left Canada rather than comply. The platforms below are on the CSA's list of authorized crypto trading platforms.

Two points often misunderstood: CIPF does not cover crypto assets, even at a CIRO member; and for most coins other than bitcoin, ether, litecoin and bitcoin cash, regulators limit non-eligible investors to $30,000 of net purchases in 12 months.

How we picked

  • On the CSA list of authorized crypto trading platforms
  • Fees (spread and commission), CAD funding, coin range, app quality

Full details in our methodology. We may earn a commission from some brokers; it never affects the order. Disclosure.

The ranking (12)

  1. #1

    Wealthsimple

    CIRO-registered

    Best for: New investors who want a simple app for TFSA/FHSA investing, plus regulated crypto

    Wealthsimple turned commission-free investing into the default for a generation of Canadian investors, and its app remains the simplest way to open a TFSA, RRSP or FHSA and start buying ETFs. It combines self-directed trading, managed portfolios, cash accounts and a CSA-registered crypto platform under one login. The trade-offs are depth and currency costs: there is no desktop trading platform with advanced charting, options and research tools are basic, and buying U.S. stocks in a CAD account triggers a currency conversion fee unless you are on a tier that includes USD accounts.

    Platforms
    Proprietary
    Markets
    Stocks, Crypto
    Min. deposit
    $0
    CIPF
    Yes
  2. #2

    Kraken Canada

    CSA-authorized crypto platform

    Best for: Active crypto traders who want low fees and deep CAD markets

    Kraken is one of the oldest crypto exchanges still operating and has run a CAD market for years. Its Canadian entity, Payward Canada Inc., is on the CSA's list of authorized crypto trading platforms. Kraken Pro offers low maker/taker fees and a professional order book, while the standard app keeps things simple for occasional buyers.

    Platforms
    Proprietary
    Markets
    Crypto
    Min. deposit
    See site
    CIPF
    No
  3. #3

    Coinbase Canada

    CSA-authorized crypto platform

    Best for: Users who want a globally known, listed company with a polished app

    Coinbase is the largest U.S.-listed crypto company, and Coinbase Canada Inc. is registered with Canadian securities regulators as a crypto trading platform. Canadians get CAD funding (including Interac e-Transfer), a beginner-friendly app and the 'Advanced' interface for lower-fee trading. The simple buy button is convenient but expensive; the advanced interface is much cheaper.

    Platforms
    Proprietary
    Markets
    Crypto
    Min. deposit
    See site
    CIPF
    No
  4. #4

    NDAX

    CSA-authorized crypto platform

    Best for: Albertans and fee-conscious users who want a simple fee structure

    NDAX is a Calgary-based exchange with a straightforward flat percentage trading fee and an order-book interface. It is on the CSA's list of authorized platforms and supports CAD funding. It's a good middle ground between very simple apps and professional exchanges.

    Platforms
    Proprietary
    Markets
    Crypto
    Min. deposit
    See site
    CIPF
    No
  5. #5

    Bitbuy

    CSA-authorized crypto platform

    Best for: Canadians who want a home-grown, registered exchange with Interac funding

    Bitbuy is one of the longest-running Canadian-built crypto platforms and was among the first to become a registered crypto trading platform under Canadian securities law. It offers a simple 'Express' buy/sell mode and a 'Pro' order-book mode with lower maker/taker fees, CAD funding by Interac e-Transfer, and a moderate list of coins. Its parent, WonderFi, also owns Coinsquare and Coinberry, and agreed in 2025 to be acquired by Robinhood.

    Platforms
    Proprietary
    Markets
    Crypto
    Min. deposit
    See site
    CIPF
    No
  6. #6

    Newton

    CSA-authorized crypto platform

    Best for: Buyers who prefer 'no-fee' pricing and a clean app

    Newton is a Toronto-based crypto platform that markets 'no commission' trading — the cost is in the spread instead. It supports a reasonable coin list and easy CAD funding, and it registered as a crypto trading platform in 2025.

    Platforms
    Proprietary
    Markets
    Crypto
    Min. deposit
    See site
    CIPF
    No
  7. #7

    Coinsquare

    CSA-authorized crypto platform

    Best for: Canadians who want a crypto platform that is also a CIRO dealer member

    Coinsquare is a Toronto-based platform and one of the first crypto trading platforms in Canada to operate as a CIRO investment dealer member. It focuses on a curated list of major coins with CAD funding. Read its current fee and custody disclosures before signing up.

    Platforms
    Proprietary
    Markets
    Crypto
    Min. deposit
    See site
    CIPF
    No
  8. #8

    Crypto.com Canada

    CSA-authorized crypto platform

    Best for: App users who want a broad coin list from a registered platform

    Crypto.com's Canadian entity, Foris DAX CAN ULC, joined the CSA's list of authorized crypto trading platforms in 2025. It offers a feature-packed app and a wide selection of assets, though Canadian users should expect some of the global products (like certain derivatives and rewards programs) to be restricted.

    Platforms
    Proprietary
    Markets
    Crypto
    Min. deposit
    See site
    CIPF
    No
  9. #9

    Netcoins

    CSA-authorized crypto platform

    Best for: B.C. residents and users who want a registered platform with a Pro mode

    Netcoins is a Vancouver-based platform owned by BIGG Digital Assets. It registered as a crypto trading platform in 2023 and offers both a simple trading experience and a Pro interface. CAD funding is straightforward.

    Platforms
    Proprietary
    Markets
    Crypto
    Min. deposit
    See site
    CIPF
    No
  10. #10

    Shakepay

    CSA-authorized crypto platform

    Best for: Bitcoin-focused savers who want the simplest app

    Montréal-based Shakepay focuses on bitcoin and ether for everyday Canadians, with a simple app, Interac funding and features aimed at habitual saving rather than trading. It has a very short asset list by design.

    Platforms
    Proprietary
    Markets
    Crypto
    Min. deposit
    See site
    CIPF
    No
  11. #11

    VirgoCX

    CSA-authorized crypto platform

    Best for: Larger CAD purchases through an OTC desk

    VirgoCX is a Toronto-based platform that registered as a crypto trading platform in 2025. Beyond its app it runs an OTC desk that some Canadians use for larger purchases.

    Platforms
    Proprietary
    Markets
    Crypto
    Min. deposit
    See site
    CIPF
    No
  12. #12

    Coinberry

    CSA-authorized crypto platform

    Best for: First-time buyers who want the simplest possible experience

    Coinberry was one of the first platforms to register under Canada's crypto trading platform framework and is now part of WonderFi alongside Bitbuy and Coinsquare. It is a simple buy-and-sell service with a short list of coins and Interac funding.

    Platforms
    Proprietary
    Markets
    Crypto
    Min. deposit
    See site
    CIPF
    No

Crypto exchanges not authorized in Canada

These exchanges have exited Canada, been barred, or do not appear on the CSA's authorized list.
  1. #1

    Gemini

    Not registered in Canada
    Platforms
    Proprietary
    Markets
    Crypto
    Min. deposit
    See site
    CIPF
    No
  2. #2

    Binance

    Left Canada / barred
    Platforms
    Proprietary
    Markets
    Crypto
    Min. deposit
    See site
    CIPF
    No
  3. #3

    Bybit

    Left Canada / barred
    Platforms
    Proprietary
    Markets
    Crypto
    Min. deposit
    See site
    CIPF
    No
  4. #4

    KuCoin

    Left Canada / barred
    Platforms
    Proprietary
    Markets
    Crypto
    Min. deposit
    See site
    CIPF
    No

See all offshore brokers that accept Canadians, and the risks →

Frequently asked questions

Is crypto legal in Canada?

Yes. Buying, holding and selling crypto is legal. Platforms that let Canadians trade crypto must be registered or authorized by securities regulators.

Is Binance available in Canada?

No. Binance announced its withdrawal from Canada in 2023 and is not on the CSA's list of authorized platforms.

Are crypto platforms covered by CIPF?

No. CIPF does not cover crypto assets. Registered platforms must meet custody requirements, but you should still consider self-custody for long-term holdings.

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