Crypto platform
Is Binance Available in Canada? (2026 Check)
By ForexCanada Editorial Team · Updated
Regulatory warnings & notices
Canada check
Binance announced in May 2023 that it was withdrawing from the Canadian market, citing new regulatory requirements for crypto trading platforms. It does not appear on the CSA list of authorized platforms.
- Canadian status
- Left Canada / barred
- Canadian entity
- None — not registered in Canada
- CIPF coverage
- No
- OBSI complaints
- No Canadian ombudsman access
- Accepts Canadians
- Not available to Canadians
- Licences abroad
- —
- Founded
- 2017
- Headquarters
- No official global headquarters
Our take on Binance
Binance is the world's largest crypto exchange by volume, but it left Canada in 2023 rather than meet the requirements for registered crypto trading platforms. Canadians should not use workarounds such as VPNs to access it — doing so breaches its terms and removes any practical recourse.
Binance's exit also affected Canadians who used Binance-linked services. If you still hold crypto on an unregistered exchange, moving it to a CSA-authorized platform or a self-custody wallet reduces your exposure to sudden withdrawal restrictions — a risk Canadians have faced repeatedly, from QuadrigaCX to FTX.
Verdict
Not available in Canada. Use a CSA-authorized platform such as Kraken, Coinbase or Bitbuy.
What we like
- +Huge global liquidity (outside Canada)
Watch out for
- −Withdrew from Canada in 2023
- −Not authorized by Canadian regulators
How Binance scores
Canadian protection carries 40% of the weight, so an unregistered firm can't outrank a registered one on price alone. See the full methodology.
Accounts, markets & platforms
- Platforms
- Mobile app, Proprietary web
- Markets
- Crypto
- CAD / USD accounts
- — CAD | — USD
- Demo account
- Not advertised
Figures are taken from the broker's own disclosures at our last review (2026-09) and change often — always confirm on the broker's website. Spot an error? Tell us.
Verify Binance yourself
- Check the CSA list of authorized crypto trading platforms for the company operating Binance.
- Search the legal entity name in the CSA National Registration Search and check it is registered in your province.
- Search the CSA investor alerts for the brand name and any look-alike websites.
- Make sure the account agreement you sign names the same legal entity — not an offshore affiliate.
Registered alternatives for Canadians
These platforms are authorized by Canadian securities regulators:
Kraken Canada
Crypto platform
Active crypto traders who want low fees and deep CAD markets
Coinbase Canada
Crypto platform
Users who want a globally known, listed company with a polished app
NDAX
Crypto platform
Albertans and fee-conscious users who want a simple fee structure
Binance: frequently asked questions
Is Binance regulated in Canada?
No. Binance is not registered with CIRO or any provincial or territorial securities regulator. Canadian protections such as CIPF coverage and OBSI complaint handling do not apply.
Can Canadians open an account with Binance?
No. At our last check Binance did not accept Canadian residents. Using a VPN or false address to get around this breaches the broker's terms and can put your funds at risk.
Canadian trader reviews
Reviews are submitted by readers and moderated by our editors for relevance and abuse. They are opinions, not verified facts, and never affect our score.
Loading reviews…