I’ll talk about the top cryptocurrency exchanges in Canada with Interac support in this post. Platforms that are safe, dependable, and provide quick Interac e-Transfer deposits are essential for Canadians wishing to purchase, sell, or trade cryptocurrencies.
In order to assist both novice and seasoned users in selecting the best platform for smooth cryptocurrency transactions, we will examine leading exchanges, their features, costs, and usability.
Key Points & Best Crypto Exchanges in Canada with Interac Support
| Exchange | Founded | Cryptocurrencies | Fees | Deposit Methods | Pros | Cons |
|---|---|---|---|---|---|---|
| Kraken | 2011 | 200+ | 0.16%-0.26% | Bank transfer, Interac | Highly secure, advanced tools, fiat support, low fees | Complex for beginners, slow support |
| Coinsmart | 2018 | 20+ | 0.2%-0.4% | Interac, bank transfer | Beginner-friendly, fast Interac, simple UI, regulated | Limited coins, higher fees |
| Bitbuy | 2013 | 15+ | 0.1%-0.2% | Interac, e-transfer, wire | Regulated in Canada, low fees, fast deposits, beginner-friendly | Fewer coins, mobile app limited |
| Netcoins | 2014 | 25+ | 0.5%-1.5% | Interac, bank transfer | Simple platform, Interac support, beginner-friendly | High fees, fewer advanced tools |
| Crypto.com | 2016 | 250+ | 0.4% | Interac, credit/debit card, crypto | Crypto cards, staking rewards, wide coin support | Fees high on cards, app complex |
| NDAX | 2018 | 100+ | 0.2% | Interac, wire, crypto | Canadian-owned, fiat support, low fees, secure | Beginner UI slightly confusing |
| Shakepay | 2015 | 2 (BTC, ETH) | 0%-0.75% | Interac, wire | Fast Interac, simple app, no fees for buying | Limited coins, no advanced trading |
| Uphold Canada | 2014 | 100+ | 0.45%-1% | Interac, bank transfer, crypto | Multi-asset (crypto + stocks), Interac, easy UI | Higher fees, not beginner-focused |
| KuCoin (Canada) | 2017 | 700+ | 0.1% | Bank transfer via partners | Huge coin selection, low fees, margin trading | No direct Canadian fiat, complex for beginners |
| MEXC Global (Canada) | 2018 | 1000+ | 0.2% | Bank transfer via partners | Wide coin variety, low fees, derivatives | No direct Canadian fiat, regulatory risk |
1. Kraken
Since its founding in 2011, Kraken has maintained a trusted status and is considered one of the oldest crypto exchanges around the world. Users have access to over 200 cryptocurrencies, including Bitcoin and Ethereum, along with other popular altcoins.
Trading fees on Kraken range between 0.16% – 0.26% per trade and are influenced by the user’s trading volume. Beginner and advanced traders have access to the platform’s funding via bank transfer/ Interac e-Transfer. Kraken ensures security measures through the two-factor authentication and cold storage. Kraken is considered one of the best crypto exchanges in Canada with Interac support.
Kraken Features
- Supports 200+ cryptocurrencies including major altcoins, BTC, and ETH.
- Two-factor authentication and cold storage are features that make Kraken secure.
- Canadians can use Interac e-Transfers and bank deposits.
- Kraken has advanced trading tools for futures and margin trading.
- Maker/taker fees are low (around 0.16%–0.26%).
Kraken – Pros & Cons
| Pros | Cons |
|---|---|
| Supports 200+ cryptocurrencies | Interface can be complex for beginners |
| Strong security (2FA, cold storage) | Customer support can be slow |
| Low trading fees (0.16%–0.26%) | Verification may take time |
| Interac e‑Transfer & bank deposits | Advanced tools may overwhelm new users |
| Advanced trading features (margin, futures) | Fewer beginner‑focused guides |
2. Coinsmart
Coinsmart is a Canadian cryptocurrency exchange that is a little more beginner-friendly than other places and was started in 2018. They have a little more than 20 coins in their trading pairs (including BTC, LTC, ETH, and others) and charge 0.2% to 0.4% in trading fees.
Interac e-Transfers make deposits fairly quick. Being regulated in Canada increases their security measures, but still, this exchange features a very easily accessible and quickly updateable interface.
With this exchange, you take very little risk and have easy to access and quick cryptocurrency exchange and trading services. Thus, Coinsmart is one of the more reliable and beginner friendly Canadian cryptocurrency exchanges out there, and is one of the most applicable crypto exchanges in Canada with Interac support.
Coinsmart Features
- New crypto users can feel comfortable using the beginner-friendly interface.
- Funding times are fast with Interac e-Transfer deposits.
- Over 20 major cryptocurrencies can be traded.
- Coinsmart is compliant with Canadian laws and regulation.
- Fiat on/off ramp for CAD transactions is simple.
Coinsmart – Pros & Cons
| Pros | Cons |
|---|---|
| Beginner‑friendly platform | Limited coin selection (~20+) |
| Fast Interac e‑Transfer support | Higher fees vs some exchanges |
| Regulated in Canada | No advanced trading charts |
| Simple CAD fiat on/off ramp | Withdrawal fees apply |
| Responsive customer support | Limited advanced features |
3. Bitbuy
Bitbuy was founded in 2013 and with a little more than 15 coins, is a regulated Canadian exchange. They also have a very low trading fee (0.1% to 0.2%). Again, like Coinsmart, deposits through Interac e-Transers is mec and this exchange makes crypto trading very accessible and user friendly, but with their own level of assurance and security, through their cold storage.
For more experienced users, this exchange also has advanced trading options. Their reliability, speed of Interac deposits, and regulation, have been put Bitbuy at being the most applicable crypto exchanges in Canada with Interac support. With this exchange, you get both the more professional trading tools, and also the more beginner friendly access.
Bitbuy Features
- Frequent traders will benefit from low trading fees (0.1%–0.2% 0.1%–0.2%).
- Bank transfers and Interac e-Transfers are accepted.
- Popular cryptocurrencies (15+) are supported.
- Canadian-owned and regulated exchange.
- Rapid verification and streamlined onboarding.
Bitbuy – Pros & Cons
| Pros | Cons |
|---|---|
| Canadian‑regulated exchange | Limited altcoin variety (~15+) |
| Low trading fees (0.1%–0.2%) | Mobile app has fewer tools |
| Interac e‑Transfer deposits | Occasional downtime in volatility |
| Easy onboarding | No staking options |
| Good liquidity for major coins | Fewer promotions |
4. Netcoins
Netcoins launched in 2014, and is a Canadian crypto platform that allows its clients to trade 25+ cryptocurrencies. The mobile app is suitable for beginners as there is an emphasis on onboarding and simplicity. The trading fees range between 0.5%-1.5%, and Interac e-Transfer is accepted as a payment method.
Netcoins provides market insights and pricing and offers protection to their clients from issues that may arise from crypto ETFs. Netcoins is easy to use and offers protection, which makes it one of the best crypto exchanges in Canada with Interac support.
Netcoins Features
- Pricing is clear and the trading platform is user-friendly.
- CAD deposits via Interac e-Transfer are accepted.
- 25+ cryptocurrencies can be traded.
- Market insights and price data are available in real time.
- Regulatory compliance in Canada.
Netcoins – Pros & Cons
| Pros | Cons |
|---|---|
| Intuitive platform for beginners | Higher fees (0.5%–1.5%) |
| Interac e‑Transfer support | Limited advanced tools |
| Around 25+ cryptocurrencies | Smaller coin list |
| Licensed in Canada | Support response can lag |
| Real‑time market insights | Few promotions |
5. Crypto.com
Crypto.com allows its clients to trade in over 250 cryptocurrencies, from major coins, such as Bitcoin and Ethereum to newer DeFi tokens, and other altcoins. The trading fees are estimated to be 0.4%. The app allows its clients to fund their accounts using an Interac e-Transfer, credit/debit card, and crypto deposits. In addition to trading, the app offers staking, crypto card rewards, and additional features that may attract both beginners and veteran traders.
The app and card payment features may have higher fees, but the trading features, financial services, and coins available are strong selling points. Crypto.com offers access, rewards, and broad cryptocurrency capabilities, which make it one of the best crypto exchanges in Canada with Interac support.
Crypto.com Features
- 250+ cryptocurrency and token trading is available.
- Multiple deposit methods, including Interac e-Transfer.
- Visa rewards card and rewards program from Crypto.com.
- Earn and staking features for passive income.
- Feature-rich mobile application.
Crypto.com – Pros & Cons
| Pros | Cons |
|---|---|
| Wide coin variety (250+) | Fees can be high on cards |
| Interac & other deposit options | App may overwhelm beginners |
| Crypto card & rewards program | Fee structure can be complex |
| Staking & earn features | Auto‑conversion fees apply |
| Comprehensive mobile app | Support can be slow |
6. NDAX
Established in 2018, NDAX is a Canadian exchange with over 100 available cryptocurrencies. Trading fees are around 0.2%, and Interac e-Transfer, wire transfer, and crypto transfer deposits are accepted. NDAX’s user interface is simple and secure, with two-factor authentication and cold storage. They offer professional traders advanced charting tools and analytics.
Because of its regulated status and solid local support, NDAX is considered one of the best crypto exchanges in Canada with Interac support, providing a secure, reliable, and low-cost option for crypto Canadians trading for the first time, as well as seasoned traders.
NDAX Features
- Supports 100+ cryptocurrency.
- Canadian banking with Interac e-Transfer.
- Competitive (~0.2%) trading fee structures.
- Secure website with robust institutional grade security.
- Advanced analytics and order type trading tools.
NDAX – Pros & Cons
| Pros | Cons |
|---|---|
| Canadian‑owned and regulated | UI not most intuitive |
| Interac e‑Transfer & bank options | Withdrawal fees apply |
| ~100+ cryptocurrencies | Limited tutorials |
| Competitive trading fees (~0.2%) | Trading tools still basic |
| Strong security standards | Verification can delay |
7. Shakepay
Shakepay is a Canadian crypto exchange founded in 2015 and supports Bitcoin and Ethereum cryptocurrency trading. Buying and selling crypto using Shakepay accounts are fee-free, however, there is a spread of up to 0.75\% for a trading transaction.
Shakepay is most notable for its rapid Interac e-transfer deposits, and an easy to use app as an easy and hassle-free trading experience. Users can buy, sell, and withdraw cryptocurrency, and the trading interface does not have to be complex.
Rewards are offered for traders who use the referral option, and there is an incentive program Shakepay cashback program for users to receive a small crypto if they buy and sell in the trading app. Shakepay has a reputation as one of the best crypto exchanges in Canada with Interac support due to the fast, safe, and hassle-free trading experience it is recommended to users.
Shakepay Features
- Simple buying and selling with an intuitive mobile application.
- Canadian Interac e-Transfers for quick payment.
- Trade BTC and ETH.
- Many transactions have no fee.
- Few steps for quick onboarding.
Shakepay – Pros & Cons
| Pros | Cons |
|---|---|
| Simple, easy app | Only BTC & ETH supported |
| Fast Interac e‑Transfers | Spreads can be high (~0.75%) |
| Fee‑free buys often available | No advanced trading tools |
| Quick onboarding | Limited long‑term tools |
| Great for beginners | No staking or earn features |
8. Uphold Canada
Uphold Canada began operations in 2014 and provides a multi-asset trading platform for Canadian customers. They provide trading for over 100 cryptocurrencies, stocks, and precious metals. They facilitate trading through fees between 0.45% and 1%.
Uphold Canada customers can deposit funds through Interac e-Transfers, regular bank transfers, and crypto deposits. Customers can easily manage and convert different types of cryptocurrencies, stocks, and precious metals, though fees can be slightly higher than other competitors.
That versatility, along with Interac e-Transfer support, makes Uphold Canada stand out. It is one of the best crypto exchanges in Canada with Interac support for those wanting versatility in not just crypto, but other investments.
Uphold Canada Features
- Supports crypto, stocks, and metals on a multi-asset trading platform.
- Bank transfer and Interac e-Transfer options.
- 100+ cryptocurrency supported.
- Assets instantly convertible.
- For distinct investments, a unified portfolio view is offered.
Uphold Canada – Pros & Cons
| Pros | Cons |
|---|---|
| Multi‑asset support (crypto + stocks) | Higher fees (0.45%+) |
| Interac & bank transfer options | Not strictly crypto‑focused |
| ~100+ cryptocurrencies | Spread can be wide |
| Instant asset conversions | App can feel clunky |
| Unified portfolio view | Limited advanced trading |
9. KuCoin (Canada access)
KuCoin started in 2017 and offers access to over 700 cryptocurrencies. Canadians can access KuCoin through third-party fiat providers. They charge a low trading fee of 0.1%, and while direct Interac and funding options are not supported, their margin trading, futures, and staking programs are.
So, while beginners may find the platform frustrating, it is safe to use for Canadians and allows access to altcoins not available in other crypto exchanges. When combined with third-party Canadian funding routes, low fees, and a variety of coins, KuCoin is one of the best crypto exchanges in Canada with Interac support.
KuCoin (Canada Access) Features
- 700+ cryptocurrency for trading.
- Trading fee of approximately 0.1%
- Margins and futures trading with advanced options.
- Liquidity and trading volume is high.
- Trade Bots, staking, and earn options.
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 |
| High liquidity | Less regulated in Canada |
| Staking & bot options | Support varies |
10. MEXC Global (Canada access)
MEXC Global is a cryptocurrency exchange platform established in 2018. MEXC Global supports trading in over 1,000 cryptocurrencies. Canadian users can access MEXC Global through third-party fiat gateways (for example, Interac e-Transfer).
MEXC Global charges an average trading fee of 0.2%, which is an attractive offer to frequent traders. MEXC Global also supports futures trading and advanced derivatives and therefore is suited to both beginner and advanced traders.
MEXC Global does not have a direct Canadian fiat wallet, however, the selection of coins and trading fee (which are both attractive) means that crypto traders are drawn to MEXC Global.
MEXC Global is regarded as one of the top crypto exchanges in Canada with Interac support, and is great for Canadian users because it offers a wide variety of cryptocurrencies and advanced trading options.
MEXC Global (Canada Access) Features
- 1000+ crypto assets for trading.
- Competitive trading fee structures of ~0.2%.
- Available markets for spot, futures, and derivatives.4. Order types designed for professional traders.
- Large liquidity and access to the worldwide market.
MEXC Global (Canada Access) – Pros & Cons
| Pros | Cons |
|---|---|
| Massive crypto list (1000+) | No direct Canadian fiat support |
| Competitive fees (~0.2%) | Regulatory status outside Canada |
| Spot, futures & derivatives | Platform complex for newbies |
| Advanced order types | Withdrawal fees on some assets |
| High liquidity | Support can be slow |
Conclusion
In conclusion, Canadians wishing to get into the cryptocurrency market must select the appropriate platform. Security, a large selection of cryptocurrencies, and easy Interac e-Transfer compatibility are all combined in exchanges such as Kraken, Coinsmart, Bitbuy, Netcoins, Crypto.com, NDAX, Shakepay, Uphold Canada, KuCoin, and MEXC Global.
Some offer sophisticated trading features for seasoned users, while others have simpler interfaces that are more suited for novices. All things considered, these sites are among the top cryptocurrency exchanges in Canada that handle Interac, guaranteeing quick deposits, dependable trading, and secure access to the expanding realm of digital assets.
FAQ
What is Interac e-Transfer in crypto exchanges?
Interac e-Transfer is a popular Canadian payment method that allows users to deposit or withdraw funds from crypto exchanges directly from their bank accounts. It’s fast, secure, and widely supported.
Which crypto exchanges in Canada support Interac?
Some of the top exchanges supporting Interac e-Transfer include Kraken, Coinsmart, Bitbuy, Netcoins, Crypto.com, NDAX, Shakepay, Uphold Canada, KuCoin (via third-party), and MEXC Global (via third-party).
Are these exchanges safe to use?
Yes. Most of these exchanges are regulated in Canada and implement strong security measures, including two-factor authentication, cold storage, and encryption protocols to protect funds.
Which exchange is best for beginners?
Coinsmart, Shakepay, and Bitbuy are beginner-friendly due to simple interfaces, easy Interac deposits, and responsive support, making buying and selling crypto straightforward.
Which exchange offers the most cryptocurrencies?
KuCoin and MEXC Global provide access to hundreds of coins, including niche altcoins, though Canadian users may need third-party services to fund accounts via Interac.
