I’ll talk about Canada’s Top Regulated Crypto Exchanges in this post. For Canadians trading cryptocurrency, selecting a safe and legal platform is crucial.
In order to assist novice and seasoned traders in making well-informed judgments for secure, quick, and dependable cryptocurrency transactions within Canada, we will examine the leading exchanges, their features, fees, supported coins, and usability.
Why Use Best Regulated Crypto Exchanges in Canada
Security & safety – Because of the strict compliance that regulated exchanges must follow, they provide proof showing they have protection set in place to protect your money from hacks and fraud.
Legal compliance – Because of the Canadian regulations that they have to comply to and follow, your trading process remains legal with no account freezes or penalties that you would have to deal with.
Interac e-Transfer – Because a majority of the regulated exchanges operate off of Interac, your CAD deposits and withdrawals happen in a fast and secure process.
Clear fees – Because your regulated exchange fees are listed somewhere, and the authorities that have control over them are in charge of making sure that your fees have not gone up without telling you.
Trustworthy customer service – Compared to the customer service that you would receive from unregulated customer service, you will receive a helpful customer service that you need fast.
insurance – On top of the regulations that the government sets forth to protect your money, many of the regulated exchanges protect your money as well by putting it in a safe account that cannot be accessed by anyone.
Beginners – Because the site is monitored and compliant, it is a good starting place for new users to trade.
Key Point & Best Regulated Crypto Exchanges in Canada
| Exchange | Key Features |
|---|---|
| Netcoins | CSA-approved, beginner-friendly, secure |
| Crypto.com | Crypto card, staking, rewards program |
| NDAX | CSA-approved, low fees, fast transfers |
| Shakepay | Instant buy/sell, earn BTC, beginner-friendly |
| Uphold Canada | Multi-asset trading, crypto + fiat + metals |
| KuCoin (Canada access) | Margin & futures, wide crypto selection |
| MEXC Global (Canada access) | Futures, staking, airdrops, large crypto list |
| Kraken | Advanced trading, staking, CSA-compliant |
| Coinsmart | CSA-approved, simple interface, fast verification |
| Bitbuy | Canadian-owned, CSA-approved, secure platform |
1. Netcoins
Established in 2014, Netcoins is one of the best regulated crypto exchanges in Canada and currently offers over 40 different cryptocurrencies, including Bitcoin, Ethereum, and Litecoin. Netcoins is one of the best regulated crypto exchanges in Canada and offers supported Canadian bank transfers and Interac e-Transfers for easy fiat deposits.
Netcoins has trading fees that range from 0.5% to 2% depending on the type of transaction, and the withdrawal fees are easy to understand and transparent. Netcoins is a great exchange for Canadians looking to safely and securely trade crypto and offers a regulated and easy to use platform.
Netcoins Features
- Canadian‑regulated and fully compliant with laws.
- Easy CAD funding via Interac e‑Transfer deposits.
- Supports 25+ well-known cryptocurrencies.
- Dashboards are beginner trader friendly.
- Market Data and price insights are available.
Netcoins – Pros & Cons
| Pros | Cons |
|---|---|
| Canadian‑regulated and compliant | Higher trading fees vs some competitors |
| Interac e‑Transfer deposits | Limited altcoin selection (~25+) |
| User‑friendly platform for beginners | Fewer advanced trading tools |
| Real‑time price data & market insights | Support response can be slow |
| Quick onboarding process | No staking or earn features |
2. Crypto.com
Founded in 2016, Crypto.com is one of the best regulated crypto exchanges in Canada as it is accessible to Canadians and is recognised globally. They trade 250+ cryptocurrencies, including famous coins and DeFi tokens. Their trading fees begin at 0.04% for maker fees and 0.40% for taker fees.
Also, incentives for trading fees are offered for holders of CRO tokens. Their deposit methods include bank transfers, debit, and credit cards. They are well known for their crypto rewards card and staking, and an advanced mobile app. All of these combined with their regulatory compliance and wide range of cryptos make them one of the most innovative and secure options for Canadian investors.
Crypto.com Features
- Strong compliance and regulation in the stream.
- Supports 250+ cryptocurrencies and tokens.
- Funding options include Interac e‑Transfer and others.
- Rewards and cashback on the Crypto.com Visa Card.
- Competitive yields in staking and earn features.
Crypto.com – Pros & Cons
| Pros | Cons |
|---|---|
| Very large coin selection (250+) | Fee structure can be complex |
| Interac e‑Transfer & various deposits | Crypto card fees can be high |
| Crypto.com Visa Card & rewards | App may overwhelm beginners |
| Staking & earn programs | Spread/fees on small trades |
| Strong mobile app features | Support wait times vary |
3. NDAX
NDAX (National Digital asset exchange) was created in 2018 and is regarded as one of the best regulated crypto exchanges in Canada. NDAX offers trading of over 100 crypto currencies and charges 0.20% per trade. Additionally, NDAX allows users to make and receive bank transfers in Canada.
Trading on NDAX is compliance to regulatons as well as the fact that they’re CS approved, having cold storage with multi-factor security. Furthermore, the NDAX platform is user friendly, and allows for advanced trading strategies including stop and limit orders. For the above reasons, NDAX is one of the best exchanges for Canadians who prefer trading cryptos on a compliance platform.
NDAX Features
- Strong Canadian compliance regulated exchange.
- Supports deposit bank transfers and Interac e‑Transfer.
- Offers 100+ cryptocurrencies.
- Trading is efficient with Low trading fees (~0.2%).
- Two factor authentication serves as security features.
NDAX – Pros & Cons
| Pros | Cons |
|---|---|
| Canadian‑regulated exchange | Interface can be less intuitive |
| Interac e‑Transfer & bank deposit options | Withdrawal fees may apply |
| Competitive trading fees (~0.2%) | Limited educational resources |
| 100+ cryptocurrencies supported | Some advanced tools are basic |
| Strong security standards | Verification can take time |
4. Shakepay
A crypto exchange established in 2015 and deemed to be one of the best regulated crypto exchanges in Canada is Shakepay. Shakepay is a simplistic and easy to use platform that allows buy and sell orders of Bitcoins and Ethereum to be done in an instant and without a trading fee. Furthermore, Shakepay allows for fund transfers to and from a user’s Canadian bank accounts as well as their debit cards.
Shakepay’s compliance to regulations guarantees the safety of their users’ funds and their mobile application makes their platform crypto accessible for beginners as well. Shakepay prioritises speed, safety, and transparency, ensuring for the Canadians that such a platform is a reliable one when venturing into the crypto market.
Shakepay Features
- Regulated and licensed to serve Canadian users.
- Fund transfers through Interac e‑Transfers are simple and quick.
- Trade Bitcoins and Ethereum.
- Many transactions can be done with No fees.
- Mobile app is user friendly.
Shakepay – Pros & Cons
| Pros | Cons |
|---|---|
| Fast Interac e‑Transfer funding | Only supports BTC & ETH |
| Simple, beginner‑friendly app | Spreads can be higher (~0.75%) |
| Fee‑free buy options | No advanced trading charts |
| Quick account setup | No staking or earn features |
| Great mobile experience | Limited features for pros |
5. Uphold Canada
Uphold Canada is also one of the most regulated crypto exchanges in Canada. Operating since 2015, it also supports over 50 cryptocurrencies, and other assets like fiat, and even includes precious metals. Fees vary from 0.35% to 0.65% based on the transaction. Uphold supports deposits through bank transfers or debit/credit cards.
Uphold also offers multi-asset trading on the platform, meaning assets, at the same time, can be traded using the same account. Uphold’s platform is versatile and appeals to beginner and advanced traders alike. Uphold is simple to use yet secure and offers the services that Canada users look for in a multi-asset crypto exchange.
Uphold Canada Features
- Crypto and multi-assets is compliant to regulations.
- CAD bank transfer and Interac e-Transfer options available.
- Supports more than 100 coins.
- Assets amongst classes can be instantly converted.
- Diversified investing unified portfolio view.
Uphold Canada – Pros & Cons
| Pros | Cons |
|---|---|
| Multi‑asset platform (crypto + stocks) | Higher fees than some peers |
| Interac e‑Transfer & bank deposits | Spread can be wider |
| 100+ cryptocurrencies available | Not purely crypto‑focused |
| Instant conversion between assets | App feels clunky to some |
| Unified portfolio overview | Limited advanced trading tools |
6. KuCoin (Canada access)
Launched in 2017, KuCoin has become popular in Canada due to the 600+ cryptocurrencies that they have to offer, despite being unregulated by the CSA. It has become a top competitor for Canadian traders, as they have a larger range of crypto options (including altcoins, etc). Fees are a competitive 0.10% and deposits can only be done through crypto transfers.
Canadian traders should also be weary (or note) that despite having a large global reputation, they are not fully regulated in Canada. However, the worldwide reputation of KuCoin and the immense number of assets that they provide make them one of the best options for Canadian traders.
KuCoin (Access to Canada) Features
- Accessible to Canadians, global exchange.
- More than 700 crypto currencies and tokens.
- Spot market trading has low fees (~0.1%).
- Margin, futures and staking offered.
- Significant trading depth and liquidity.
KuCoin (Canada Access) – Pros & Cons
| Pros | Cons |
|---|---|
| Huge coin selection (700+) | No direct Canadian fiat wallet |
| Low trading fees (~0.1%) | Interac via third‑party only |
| Advanced features (margin, futures) | Complex for beginners |
| Staking & earn options available | Less regulated in Canada |
| High liquidity and depth | Support can lag on busy days |
7. MEXC Global (Canada access)
MEXC Global, established in 2018, is available to Canadian users. They support 1000+ cryptocurrencies, including some in DeFi and NFTs. They charge 0.20% as trading fees, and deposits are done through crypto transfers.
Although MEXC is not fully regulated by CSA, they still have a good platform with features such as futures trading, staking, and airdrop. They are rapidly growing globally, and a good fit for Canadian traders wanting a wider asset class outside the mainstream coins.
MEXC offers a good regulatory framework to the traders, but still ends up being on the wrong side of the regulation lens with growing services, intuitive features, and competitive trading fees, as they provide a good services to the Canadian based traders wanting access to a wider range of cryptocurrencies and wanting ease, moderately growing along with good number of DeFi and NFTs based twist crypto assets.
MEXC Global (Access to Canada) Features
- Global exchange with Canada access.
- Over 1000 crypto coins, including niche tokens.
- Trading fees (~0.2%) are competitive.
- Available are spot, futures & derivate trading.
- Experience traders have more advanced orders.
MEXC Global (Canada Access) – Pros & Cons
| Pros | Cons |
|---|---|
| Massive asset list (1000+) | No direct Canadian fiat support |
| Competitive trading fees (~0.2%) | Regulatory status outside Canada |
| Spot, futures & derivatives markets | Platform can be complex |
| Advanced order types | Withdrawal fees on some assets |
| High global liquidity | Customer support can be slow |
8. Kraken
Kraken was established in 2011 and is one of the most compliant cryptocurrency exchanges in Canada with over 200 cryptocurrencies. Kraken has trading fees of 0% to 0.26%. Deposits by Canadian bank transfers are available through the platform. Kraken offers advanced trading, futures, and staking.
What sets Kraken apart is Canadian regulation and compliance with safety protocols such as cold storage and 2-step verification, establishing the exchange as one of the more safe and compliant options available to Canadian investors with advanced trading interests.
Kraken Features
- One of the most regulated and trusted global exchanges.
- More than 200 cryptocurrencies supported.
- CAD deposits via bank and Interac e-Transfer.
- Trading fees are highly competitive (0.16% – 0.26%).
- Cold storage and high trading security standards.
Kraken – Pros & Cons
| Pros | Cons |
|---|---|
| Very secure and trusted exchange | Interface can be intimidating |
| 200+ cryptocurrencies supported | Customer support can be slow |
| Interac e‑Transfer & bank options | Verification can take time |
| Low trading fees (0.16%–0.26%) | Advanced tools may overwhelm newbies |
| Margin & futures features | Fewer beginner resources |
9. Coinsmart
Coinsmart Coinsmart was started in 2018. It is a Canadian exchange that offers about 30 cryptocurrencies. Coinsmart has trading fees of 0.20% to 0.40%. Coinsmart is considered one of the best regulated crypto exchanges in Canada.
Coinsmart also has simplicity and security which is very good for beginners. Coinsmart is also CSA approved. Coinsmart has fast verifications and withdrawals. Coinsmart has great regulation, a great interface, and great fees which is why Coinsmart is one of the best options to trade in Canada for customers that want to trade without complexity.
Coinsmart Features
- Strong compliance and regulated Canadian exchange.
- Fast funding via Interac e-Transfer deposits.
- More than 20 top coins supported.
- Onboarding and interface are beginner-friendly.
- Support and guides are customer responsive.
Coinsmart – Pros & Cons
| Pros | Cons |
|---|---|
| Canadian‑regulated platform | Smaller coin selection (~20+) |
| Interac e‑Transfer funding | Higher fees than some others |
| Beginner‑friendly UI | No advanced charting tools |
| Responsive customer support | Withdrawal fees apply |
| Simple CAD on/off ramps | No staking support |
10. Bitbuy
Bitbuy is a fully Canadian-owned exchange that started in 2013. It is also one of Canada’s best-regulated exchanges that offers 20+ cryptocurrencies. The simple and advanced platforms are geared towards both newcomers and experienced traders.
Fees are from 0.10% to 0.20%. Deposits and withdrawals are accepted through Canadian bank transfers and Interac e-Transfers. The exchange also prioritizes safety as it has CSA approval, cold storage, two-factor authentication, and other safety measures. Bitbuy is a fully compliant exchange in Canada and is a trusted platform for trading cryptos.
Bitbuy Features
- Full compliance and regulation in Canada.
- Cost-efficient trading with (0.1% – 0.2%) trading fees.
- Interac e-Transfer and bank deposit support.
- 15+ major cryptocurrencies supported.
- Easy verification and onboarding.
Bitbuy – Pros & Cons
| Pros | Cons |
|---|---|
| Regulated in Canada | Limited altcoin variety |
| Low fees (0.1%–0.2%) | Mobile app has fewer features |
| Interac e‑Transfer support | Occasional downtime |
| Easy onboarding and use | No staking/rewards |
| Reliable liquidity for major coins | Fewer promotions |
Conclusion
In conclusion, security, compliance, and peace of mind all depend on selecting Canada’s top authorized cryptocurrency exchanges. Platforms with CSA approval, transparent fees, strong security, and dependable deposit alternatives include Netcoins, Crypto.com, NDAX, Shakepay, Uphold Canada, Kraken, Coinsmart, and Bitbuy.
Canadian legislation guarantees safer trading and fund protection, even though certain international exchanges, such as KuCoin and MEXC, provide a wider assortment of cryptocurrencies. By giving regulated exchanges priority, Canadians may access cryptocurrencies with confidence, have smooth trading experiences, and reduce risks. As a result, these platforms are perfect for novice and seasoned investors looking for a safe and reliable crypto environment.
FAQ
What are the best regulated crypto exchanges in Canada?
The top CSA-approved exchanges include Netcoins, Crypto.com, NDAX, Shakepay, Uphold Canada, Kraken, Coinsmart, and Bitbuy. These platforms prioritize security, compliance, and reliable trading.
Why should I use a regulated crypto exchange in Canada?
Regulated exchanges follow Canadian laws and CSA guidelines, ensuring fund safety, transparency in fees, and protection against fraud or unlicensed operators.
What fees do Canadian crypto exchanges charge?
Fees vary: most regulated exchanges charge 0.10%–0.40% per trade, while deposits via Interac or bank transfer are often free or minimal. Withdrawal fees depend on the crypto type.
Which exchanges are easiest for beginners?
Shakepay, Coinsmart, and Netcoins offer intuitive interfaces, fast verification, and simple deposit methods, making them ideal for beginners.
Can I access global exchanges like KuCoin or MEXC from Canada?
Yes, Canadian users can access these platforms, but they are not fully CSA-regulated, so extra caution is advised.
