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Buying bitcoins in Canada is simple. Simply find an exchange, deposit money and then purchase bitcoins. Once you purchase bitcoins, you can send them, sell them or trade them.
In Canada, bitcoins can be purchased online or in-person at ATMs. Toronto, Vancouver and most cities in Canada have ATMs to buy from with cash. ATMs are fast and easy, but have high fees.
A Bitcoin wallet that works in Canada may be needed. We've also outlined some of the best wallets to use in Canada.
| Exchange | Our rating | Founded | Fees |
|---|---|---|---|
 |  4.6 Best Overall Canadian Exchange | 2016 | 0-2% |
 | 4 Best for Many Coins | 2015 | 0-4% |
 | 4.5 Best New Exchange | 2013 | 0-4% |
 | 4.6 Best for Low Fees | 2011 | 0-4% |
 | 4.6 Best for Speed | 2011 | 0-4% |
Our Rating
4.6
Trading Fees
0-2%
Founded
2016
Buying Speed
Buy Instantly
Our Rating
4
Trading Fees
0-4%
Founded
2015
Buying Speed
Buy Instantly
Our Rating
4.5
Trading Fees
0-4%
Founded
2013
Buying Speed
Buy Instantly
Our Rating
4.6
Trading Fees
0-4%
Founded
2011
Buying Speed
Buy Instantly
Our Rating
4.6
Trading Fees
0-4%
Founded
2011
Buying Speed
Buy Instantly
We've been monitoring Bitcoin & crypto exchanges since 2015.
Our choices are data-backed with influencer endorsements and TrustPilot feedback.
We monitor crypto updates for our top exchanges.
First, you'll need to sign up on an exchange and create an account. This only takes a few seconds.
You will be required to upload a picture of your ID, and/or you with your ID/driver's license.
Select a payment method. This payment method will be used to Deposit CAD into your account.
Once your ID is verified, choose payment and deposit methods and you can easily purchase Bitcoin.
Selecting the best places to buy Bitcoin in Canada involved a meticulous evaluation process to ensure that you have access to reliable and trustworthy platforms for your cryptocurrency needs.
It's time for a little history, as QuadrigaCX is an important part of Canada's Bitcoin history to understand. QuadrigaCX, previously Canada's largest crypto exchange, collapsed in 2019, leading to bankruptcy with $215.7M liabilities and $28M assets. Ernst & Young supervised the company's protection from creditors.
Despite reorganization attempts, bankruptcy was declared. RCMP and FBI investigated, while customer lawyers sought Cotten's exhumation for clarification. Quadriga's downfall remains a mystery, raising questions about cryptocurrency security, accountability, and potential fraud.
Quadriga's fall emphasizes the importance of choosing reputable exchanges with transparent operations and secure custody solutions.
Bitbuy is a cryptocurrency exchange based in Canada. You can buy bitcoins, litecoin, ethereum and other coins with Interace e-Transfer or bank wire for as low as 0.1% fees. The exchange has good support available through its live chat, or via phone & email.
New users will receive $50 CAD in BTC once they deposit at least $250 CAD.
4.6
Best Overall Canadian Exchange
Uphold is a global exchange and supports residents of Canada. Uphold offers a free wallet. The company is registered with the Financial Transactions and Reports Analysis Centre of Canada.
4
Best for Many Coins
4.5
Best New Exchange
4.6
Best for Low Fees
4.6
Best for Speed
BuyBitcoinWorldiwde is dedicated to providing readers with detailed and comprehensive reviews. To list exchanges, we examined each exchange's history, security, fees, customer support, coins supported and its trust. Our goal is to make it easy to make informed decisions about exchanges.
