Introduction
Cryptocurrency has gained popularity over the last decade, and it’s becoming increasingly mainstream. Canada has seen an influx of investors looking to enter the crypto market, which has led to the growth of several exchanges and platforms where you can buy cryptocurrency in Canada. In this guide, we will explore some of the top exchanges and platforms available for buying and selling cryptocurrency in Canada, including their features, pros and cons, and how to use them.
Exchange Platforms
Bitbuyer
Bitbuyer is one of the most popular exchange platforms for buying and selling cryptocurrency in Canada. It was founded in 2016 and has grown rapidly since then.
Bitbuyer
allows users to buy, sell, and trade several cryptocurrencies, including Bitcoin, Ethereum, Litecoin, Ripple, and many others.
Pros:
- Easy-to-use interface
- Wide selection of cryptocurrencies
- Good customer support
- Regulated and licensed exchange
Cons:
- High fees for some trading pairs
- Limited trading volume for some coins
Coinbase Canada
Coinbase Canada is a popular exchange platform that was launched in 2018. It’s owned by Coinbase, which is one of the largest cryptocurrency exchanges globally.
Coinbase Canada
allows users to buy, sell, and trade several cryptocurrencies, including Bitcoin, Ethereum, Litecoin, and many others.
Pros:
- Easy-to-use interface
- Wide selection of cryptocurrencies
- Good customer support
- Regulated and licensed exchange
Cons:
- Limited trading volume for some coins
- High fees for some trading pairs
QuadrigaCX
QuadrigaCX is a cryptocurrency exchange platform that was founded in 2013. It’s one of the oldest exchange platforms in Canada and has a long history of serving the Canadian market.
QuadrigaCX
allows users to buy, sell, and trade several cryptocurrencies, including Bitcoin, Ethereum, Litecoin, Ripple, and many others.
Pros:
- Wide selection of cryptocurrencies
- Good customer support
- Advanced trading features
Cons:
- Unregulated exchange
- Limited trading volume for some coins
- High fees for some trading pairs
Binance Canada
Binance Canada is a cryptocurrency exchange platform that was launched in 2019. It’s owned by Binance, which is one of the largest cryptocurrency exchanges globally.
Binance Canada
allows users to buy, sell, and trade several cryptocurrencies, including Bitcoin, Ethereum, Litecoin, and many others.