10 Best Crypto Exchanges in Canada with Lowest Fees 2026

I’ll go over the top cryptocurrency exchanges in Canada with the lowest fees in this post. For Canadians who want to trade cryptocurrencies without suffering significant losses due to fees, selecting the appropriate exchange is crucial.

This guide outlines the best choices for safe, affordable cryptocurrency trading in Canada, ranging from low-fee exchanges like NDAX and Coinsmart to zero-commission platforms like Newton and Shakepay.

Key Point & Best Crypto Exchanges in Canada With Lowest Fees

Exchange / Platform	Key Point / Specialty
Kraken	High security, advanced trading features, supports a wide range of cryptocurrencies.
Bitbuy	Canadian-focused, easy fiat-to-crypto deposits, simple interface for beginners.
NDAX	Regulated in Canada, low trading fees, supports CAD pairs.
Crypto.com	Offers crypto cards, staking rewards, DeFi services, and broad crypto selection.
Uphold	Multi-asset platform with crypto, stocks, and precious metals trading.
Bitget	Strong in derivatives trading, copy trading, and advanced charting tools.
Shakepay	Fast CAD deposits/withdrawals, user-friendly for Canadians, focuses on BTC/ETH.
Newton	Zero-fee CAD deposits, simple mobile interface, good for beginners in Canada.
Coinsmart	Regulated Canadian exchange, beginner-friendly, supports CAD crypto pairs.
Gate.io	Wide selection of altcoins, futures trading, and advanced trading tools.

1. Kraken

Established in 2011 in San Francisco, USA, by Jesse Powell and associates, Kraken is a well-known cryptocurrency exchange that offers a wide range of assets from across the globe. It is renowned for its sophisticated spot and futures trading tools, robust security, and staking services for a wide range of cryptocurrency assets.

Although deposit and withdrawal fees are applicable for some ways, Kraken’s trading costs on its Pro platform are generally competitive, ranging from 0.00 to 0.25 percent for makers and 0.10 to 0.40 percent for takers, depending on volume. Even though Kraken costs are greater than those of ultra-low budget local exchanges, many Canadians utilize it because it offers deep liquidity and access to a wide variety of coins.

Kraken — Key Features

Feature	Description
Security	Industry‑leading security measures including cold storage and audits.
Asset Variety	Broad selection of cryptocurrencies and trading pairs.
Advanced Trading	Spot, futures, staking, margin trading available.
Fee Structure	Competitive tiered maker/taker fees with lower costs for high volume.
Liquidity	Strong market depth providing reliable price execution.

Kraken Pros & Cons

Pros:

1. Built a strong reputation for their security and reliability.
2. Large variety in available cryptocurrencies and trading pairs.
3. Offers advanced trading options (spot, futures, staking).
4. High-volume traders have competitive fees.
5. Good mobile application, and great API support.

Cons:

1. Advanced features may have a steep learning curve for beginners.
2. Some deposits and withdrawals of fiat currencies are charged a fee.
3. Slow verification can happen due to high demand.
4. Some Canadian focused platforms have lower fees.
5. Customer support may take a while in respond.

2. Bitbuy

One of the safest local platforms is Bitbuy, a Canadian cryptocurrency exchange that was established in 2016 with the goal of serving Canadian investors. It offers CAD trading pairs and is regulated by FINTRAC and CSA. In addition to being user-friendly for novices, it provides active traders with the more sophisticated Bitbuy Pro interface.

Standard transaction fees range from 0.5% to 1.85%, whereas Pro fees are roughly 0.1% for makers and 0.2% for takers. Free CAD deposits and small withdrawal or blockchain network fees are also included. Bitbuy is a top Canadian exchange option because of its transparency, regulatory compliance, and ability to mix affordable fees with ease of usage.

Bitbuy — Key Features

Feature	Description
Canadian Regulation	Registered with FINTRAC & compliant with Canadian financial laws.
User Experience	Intuitive interface for beginners and easy onboarding.
Bitbuy Pro	Advanced trading platform with lower fees and advanced charts.
CAD Support	Free CAD deposits via Interac e‑Transfer.
Security	Multi‑layer security practices with cold storage.

Bitbuy Pros & Cons

Pros:

1. Complies with Canadian regulations (FINTRAC).
2. Easy to learn interface and the onboarding process is quick.
3. Advanced trading options are available in Bitbuy Pro.
4. CAD deposits are free via Interac E-Transfer.
5. Competing with other global exchanges for better spread rates.

Cons:

1. Compared to most of their peers, trading fees are high.
2. Compared to global options available, variety is limited.
3. Some methods of withdrawal have fees.
4. Trading with derivatives is not available.
5. Compared to most of their peers, the features of the app are basic.

3. NDAX

Because of its flat trading cost structure of approximately 0.20 percent for all order types, NDAX, a Canadian cryptocurrency exchange that was launched in 2017 and has its headquarters in Calgary, is frequently ranked as one of the finest Canadian exchanges with the lowest trading fees.

It offers simple pricing, strong security features, and free Canadian currency deposits using Interac e-Transfer. Despite having a smaller variety of cryptocurrencies than the major international players, NDAX’s clear fee structure and user-friendliness make it appealing to both novice and seasoned traders looking for steady, affordable prices in the Canadian market.

NDAX — Key Features

Feature	Description
Low Fees	Flat competitive fee (~0.20%) on most trades.
CAD Integration	Free Interac e‑Transfer CAD deposits/withdrawals.
Transparent Pricing	Simple and predictable fee model.
Asset Selection	Support for major crypto assets.
Security	Strong compliance and secure custody solutions.

NDAX Pros & Cons

Pros:

1. Flat trading fees are as low as ~0.20% for most trades.
2. CAD deposits can be made for free using Interac e‑Transfer.
3. NDAX boasts excellent security and regulatory compliance within Canada.
4. Predictable pricing makes cost calculation easier.
5. NDAX supports a multitude of popular crypto assets.

Cons:

1. Interface is rather basic.
2. Lacks as many advanced features as global exchanges.
3. Network fees can be withdrawn from accounts.
4. During peak times customer service may be lagging.
5. It is NOT recommended for high-frequency professional trading.

4. Crypto.com

Founded in 2016 under the name Monaco, Crypto.com is a significant international cryptocurrency platform that offers a variety of financial products, hundreds of cryptocurrencies, and special features like staking rewards and Visa cards linked to cryptocurrencies.

With tiered discounts depending on native token ownership, its trading fees are competitive by international standards, usually ranging from 0.08 to 0.25 percent for makers and 0.18 to 0.50 percent for takers.

However, spread and other expenses might be applicable for Canadian fiat on-ramps. Because of its extensive ecosystem, which includes earning, spending, and DeFi options, Crypto.com is a wonderful choice for customers who want more than simply spot trading.

Crypto.com — Key Features

Feature	Description
Crypto Card	Visa cards with cashback rewards in crypto.
Wide Asset Support	Hundreds of cryptocurrencies available.
Earn & DeFi	Staking, earn programs, and DeFi wallet options.
Tiered Discounts	Lower fees based on native token staking.
Global Platform	Available in multiple countries with localized options.

Crypto.com Pros & Cons

Pros:

1. Maximum number of supported assets.
2. In several regions Crypto Visa cards with rewards.
3. Base trading fees are low with a tiered discount system.
4. DeFi and yield products are also earned.
5. Strong global liquidity & reach.

Cons:

1. Canadians may find CAD support and fees confusing.
2. Trade Spread may increase costs.
3. For beginners, the app may seem confusing and overloaded.
4. Some functionalities require the staking of native tokens.
5. Users are divided when it comes to customer service.

5. Uphold

Founded in 2013, Uphold is a multi-asset trading platform that offers fiat currencies, commodities, and stocks in addition to cryptocurrencies. In 2015, it changed its name from Bitreserve to Uphold, emphasizing smooth “anything-to-anything” conversions across asset classes with clear spreads and a straightforward cost structure.

Uphold does not charge deposit fees for credit/debit funds, and it usually charges a spread of between 0.5% and 1.0% on cryptocurrency trades with no hidden commission. Canadian investors that desire cross-asset flexibility in addition to cryptocurrency find it appealing because to its wide asset compatibility and user-friendliness.

Uphold — Key Features

Feature	Description
Multi‑Asset Support	Trade crypto, stocks, fiat, and precious metals.
One‑Click Conversions	Easy “anything‑to‑anything” swaps.
Transparent Spreads	Fee structure based on disclosed spreads.
No Commission	Many trades with zero commission.
Global Access	Available to users in many regions worldwide.

Uphold Pros & Cons

Pros:

1. Multi‑asset trading (crypto, stocks, metals) is supported.
2. Easy to use “anything‑to‑anything” conversion.
3. In many trades there is NO commission.
4. Onboarding and usability is quite simple.
5. Spread fees are the only ones that are not transparent, limit and ranges are public.

Cons:

1. Spread from this platform can be greater than the fees charged by direct exchange.
2. Not as specialized in crypto as the platforms dedicated to that.
3. There is a lack of a good, advanced charting tools.
4. There is a lack of good, advanced charting tools.
5. The staking and yield options are very limited.

6. Bitget

Founded in 2018, Bitget has developed into a significant international exchange that is renowned for its cutting-edge features like copy trading and sophisticated bots, as well as its affordable trading fees. Spot trading fees start at about 0.10 percent for makers and takers, and they go down even more if you use the native BGB coin on the platform.

Because Bitget offers a large selection of cryptocurrency assets and derivatives, it draws experienced and regular traders who value cheap trade costs. Bitget is not a Canada-specific exchange, but a lot of Canadians use it because of its rich trading capabilities and inexpensive fee structure.

Bitget — Key Features

Feature	Description
Low Fees	Competitive spot and futures fees.
Copy Trading	Social and copy trading tools.
Derivatives	Futures and leveraged trading options.
Trading Bots	Automated trading strategies supported.
Wide Selection	Extensive list of crypto assets available.

Bitget Pros & Cons

Pros:

1. Very Good Fees, Particularly with Discounts Using the Native Token.
2. Copy trading and bots are considered advanced functionality.
3. Strong support on the derivatives (futures) side.
4. Wide selection of assets.
5. Major markets have good liquidity.

Cons:

1. Does Not Look Specific To Canada as a CAD fiat on-ramp may not be possible.
2. The more advanced features may be less desirable to beginners because they can be a bit overwhelming.
3. Slower customer support may be a bit more desirable to some.
4. Region-dependent regulatory compliance is a bit more desirable to some.
5. Spread and withdrawal fees are to be paid, as always.

7. Shakepay

One of the simplest Canadian platforms for buying and selling Bitcoin and Ethereum is Shakepay, which was founded in Montreal in 2015. It offers free CAD deposits and withdrawals, zero commission on trades, and variable spreads that can range from about 1.2% to 3%.

Beginners who desire quick, easy purchases with compatibility for Interac e-Transfer and features like Bitcoin cashback on its prepaid card may find its simplicity appealing. Shakepay is still a well-liked low-complexity option for Canadians, despite having less coins.

Shakepay — Key Features

Feature	Description
Zero Commission	No trading commissions; revenue from spread.
CAD Support	Fast Interac e‑Transfers for CAD deposits/withdrawals.
Bitcoin Cashback	Rewards via prepaid Shakepay card.
Simple Interface	Easy for beginners to buy/sell.
Strong Security	Two‑factor authentication and secure custody.

Shakepay Pros & Cons

Pros:

1. Trades incur no commission.
2. CAD deposits and withdrawals are free.
3. Very easy to use and very intuitive.
4. Interac e-Transfer support is fast.
5. Popular prepaid cards have rewards (Bitcoin cashback).

Cons:

1. Limited to primarily BTC and ETH (smaller selection of tokens).
2. There are hidden costs.
3. Users who wish to use the platform will be very disappointed.
4. There are no features of staking/interest.
5. There are limited tools and tools.

8. Newton

Established in Toronto in 2018, Newton has established itself as a Canadian cryptocurrency exchange with no trading costs. Instead, it incorporates a reasonable bid-ask spread (often less than 1%) into its prices. It offers free CAD deposits and withdrawals, a large selection of coins (60+), and an easy-to-use interface that is perfect for novices.

Although experienced traders may go for other platforms for more sophisticated capabilities, Newton is one of the greatest cryptocurrency exchanges in Canada with the lowest fees for daily trading due to its clear pricing and absence of standard fees.

Newton — Key Features

Feature	Description
Zero Commission	No explicit trading fees.
CAD On‑Ramp	Free deposits and withdrawals in CAD.
Transparency	Clear pricing with minimal hidden fees.
Major Coins	Support for top cryptocurrencies.
Mobile App	Simple and clean mobile interface.

Newton Pros & Cons

Pros:

1. There are no commission trades.
2. There are no fees for CAD deposits and withdrawals.
3. Quick and hassle-free onboarding for the app.
4. Extensive selection of major cryptos.
5. Clear/disclosed pricing and no surprise fees.

Cons:

1. Costs can still be incurred from spread.
2. Limited advanced trading tools.
3. No margin, futures, or derivatives trading.
4. Limited asset pairs relative to global exchange offerings.
5. Customer service can be slow.

9. Coinsmart

Founded in 2018, Coinsmart is a cryptocurrency exchange based in Toronto that strives to strike a balance between robust security, regulatory compliance, and convenience of use. It supports a variety of well-known cryptocurrencies, has a user-friendly mobile interface, and offers reasonable trading costs, often under 0.20 percent flat each deal.

Strong security features like two-factor authentication and cold storage are also used by Coinsmart. It is a well-liked option for Canadian investors seeking a dependable platform at affordable prices because of its minimal fees and security.

Coinsmart — Key Features

Feature	Description
Competitive Fees	Flat ~0.20% trading fees.
Canadian Focus	CAD support with Interac e‑Transfer.
Security	Custody and safety measures with cold storage.
Easy Onboarding	Fast account setup and verification.
Beginners Friendly	Simple platform for new traders.

Coinsmart Pros & Cons

Pros:

1. Competitive and flat trading fees (~0.20 %).
2. Focused on Canada, and supports trading in CAD.
3. Trading platform for web and mobile is simple and seamless.
4. Verification is faster created than on other platforms.
5. Good security.

Cons:

1. Token offerings are fewer than global competitors.
2. No derivatives trading.
3. Network and withdrawal fees and other fees are applicable.
4. There are other platforms with better trading tools than this.
5. Response times for support can be inconsistent.

10. Gate.io

One of the most diversified platforms in the world, Gate.io is a sizable international cryptocurrency exchange that was established in April 2013 and handles thousands of assets and trading pairs.

On Gate.io, typical spot trading fees are approximately 0.20 percent for both makers and takers, with token-based incentives and volume-based reductions.

Due to regulatory restrictions, Gate.io does not always serve Canada directly; however, its wide range of assets and sophisticated features, such as futures, staking, and automated trading tools, draw users from around the world, including Canadians who are willing to trade using P2P or compliant on-ramps.

Gate.io — Key Features

Feature	Description
Large Asset List	Thousands of crypto tokens and trading pairs.
Advanced Tools	Margin, futures, launchpad, and staking.
Competitive Fees	Volume‑based fee discounts.
Decentralized Options	Support for DeFi and lending.
High Liquidity	Deep markets for many assets.

Gate.io Pros & Cons

Pros:

1. Extremely large selection of trading pairs and crypto assets.
2. Offers margin, spot, futures, and defi.
3. Trading fees are competitive, plus volume-based incentives.
4. Offers products for lending, staking, and a launchpad.
5. Many markets have high liquidity.

Cons:

1. Not specific to Canada, and there are complexities for the fiat on-ramp.
2. UI can be really simple for beginners, and overly complex in the hands of pros.
3. Withdrawal/network fees are applicable.
4. Customer support is inconsistent. Regulatory status is different from one region to another.
5. Regulatory status is different from one region to another.

Conclusion

In conclusion, weighing price, security, and feature availability is key to choose the top cryptocurrency exchanges in Canada with the lowest fees. Because of their low trading costs, zero-commission CAD deposits, and intuitive user interfaces, platforms such as Newton, Shakepay, NDAX, and Coinsmart are the best choices for novice or frugal traders.

Although their fees are a little higher, exchanges like Kraken, Bitbuy, Crypto.com, and Gate.io appeal to more seasoned investors since they provide sophisticated trading tools, a wider range of cryptocurrencies, and staking opportunities. Whether they prioritize minimal fees, convenience of use, or complex features, Canadian investors can ultimately choose a platform that best suits their trading style.

FAQ