25 Exchanges to Buy Bitcoin in Canada (2018) - LearnHowToCode SarkariResult.com Interview Questions and Answers LearnHowToCodeOnline
25 Exchanges to Buy Bitcoin in Canada (2018)

25 Exchanges to Buy Bitcoin in Canada (2018)

All links are external & open in a new tab, except for "Read Review" buttons. Before jumping into this page, an important disclosure.

CoinbaseCoinbase   Buy Bitcoin Read Review

Residents of Canada can use Coinbase to purchase bitcoins with a credit card. The fees are 3.99% per purchase, and your bitcoins are delivered instantly. 

If you purchase more than $100 USD (~130 CAD) worth of bitcoins through this link then you get $10 USD (~13 CAD) worth of bitcoins for free!
PROS
  • High liquidity and buying limits
  • Easy way for newcomers to get bitcoins
  • "Instant Buy" option available with credit card or debit card
CONS
Ease of Use
Easy
Privacy
Low
Speed
Average
Fees
Average
Reputation
Trusted
Limits
High

CoinmamaCoinmama   Buy Bitcoin Read Review

Coinmama allows customers in almost every country to buy bitcoin with a credit or debit card. They charge an ~6% fee on each purchase. 

If buying less than $150 worth of bitcoins, you won't need to verify your identity. This convenience makes small purchases quick and easy. 

Want to buy using Coinmama? This step-by-step guide will show you how to use Coinmama.
PROS
  • Works in almost all countries
  • Highest limits for buying bitcoins with a credit card
  • Reliable and trusted broker
CONS
  • Some of the highest fees among credit/debit card bitcoin brokers
Ease of Use
Easy
Privacy
Low
Speed
Fast
Fees
High
Reputation
Trusted
Limits
High

GDAXGDAX   Buy Bitcoin Read Review

Coinbase's exchange, GDAX, is one of the largest Bitcoin exchanges in the United States. Users can fund their accounts via bank transfer, SEPA, or bank wire. GDAX offers good prices and low fees, but their confusing user interface may initially prove difficult to navigate.
PROS
  • Some of the lowest fees available for US and EU customers
  • Possible to buy bitcoins for 0% fees
CONS
  • User interface is confusing for first time buyers
  • Sending bitcoins directly from GDAX to any legally-questionable site may result in closure of your account
Ease of Use
Hard
Privacy
Low
Speed
Average
Fees
Low
Reputation
Trusted
Limits
High

LocalBitcoinsLocalBitcoins   Buy Bitcoin Read Review

LocalBitcoins is an escrow service which also helps to match bitcoin buyers and sellers. The most common method of payment for purchase is cash deposit. However, users may advertise trades for whichever payment method they prefer. 

Buying bitcoins via an in-person meeting, secured and facilitated by LocalBitcoins, may be one of the fastest and most private ways to buy bitcoins in any country.
PROS
  • Can be private, fast and easy
  • In-person trades require no personal information
  • Purchases of bitcoin can be made quickly via cash deposit
CONS
  • Beware of scams; always follow the rules!
  • Harder to buy large amounts of bitcoins compared to large exchanges
  • Slightly to significantly higher prices than regular exchanges; premium for higher privacy
Ease of Use
Hard
Privacy
High
Speed
Fast
Fees
Low
Reputation
Trusted
Limits
Average

Canadian BitcoinsCanadian Bitcoins   Buy Bitcoin

Canadian Bitcoins is a Bitcoin exchange based in Canada. The company offers many payment options:
  • Interac Online
  • Bill Payment via online banking
  • Direct debit from bank account
  • Flexepin Voucher
  • Cash via mail
  • Cash in person (Ottawa)
  • Debit in person (Ottawa)
The fees vary for each payment method.
PROS
  • Wide range of payment methods to purchase bitcoins
  • Can handle large purchases of bitcoins, $100,000 or more
  • Interface is easy to use for first time buyers
CONS
  • Many payment methods are not private ways to buy bitcoins
Ease of Use
Average
Privacy
Average
Speed
Fast
Fees
Varies
Reputation
Trusted
Limits
High

Satoshi CounterSatoshi Counter Buy Bitcoin

Buy in person in Montreal or online in the rest of Canada. The company allows for the purchase of large amounts of bitcoins (up to $1m.) although extra verification is required for such trades.
PROS
  • Great way to buy large amounts of bitcoins in Canada
  • Reliable and trusted broker; run by the Bitcoin Embassy in Montreal
CONS
  • Even buying with cash, identity verification is required so not private
Ease of Use
Average
Privacy
Low
Speed
Fast
Fees
Low
Reputation
Trusted
Limits
High

QuickBTQuickBT Buy Bitcoin

QuickBT is a Canadian broker which sells small amounts (up to $100) of bitcoin within minutes, via Interac Online, Flexepin vouchers, or a debit card. Usually bitcoins will be delivered within a few minutes after payment.
PROS
  • Easy way to buy small amounts of bitcoins fast
  • No verification beyond cellphone number required
CONS
  • Low daily limit of $100 per cellphone number
Ease of Use
Average
Privacy
Low
Speed
Fast
Fees
Low
Reputation
Trusted
Limits
High

BitAccessBitAccess Buy Bitcoin

BitAccess is a Canadian Bitcoin broker and ATM operator. You can buy bitcoins with Flexepin at thousands of locations across Canada. You can also buy bitcoins with cash at one of BitAccess's Bitcoin ATMs. BitAccess is funded by the Government of Canada.
PROS
  • ID not required for smaller transactions
CONS
  • Fees start out at 10%
  • ID verification required for larger purchases
Ease of Use
Easy
Privacy
Average
Speed
Fast
Fees
High
Reputation
Trusted
Limits
Average

bitBUY.cabitBUY.ca Buy Bitcoin

bitBuy is a Bitcoin exchange based in Canada. You can buy bitcoin online in Canada with Interac Online.
PROS
  • Fast way to buy bitcoins
  • Buying $250 worth of bitcoins is possible with only email address and cellphone number
CONS
  • High fees at 4.95% per trade
  • Very low limits
Ease of Use
Easy
Privacy
Low
Speed
Fast
Fees
High
Reputation
Average
Limits
Low

QuadrigaCXQuadrigaCX Buy Bitcoin

QuadrigaCX is a Bitcoin exchange based in Canada. You can buy bitcoin online in Canada with Interac Online.
Ease of Use
Easy
Privacy
Low
Speed
Fast
Fees
Average
Reputation
Trusted
Limits
Average

KrakenKraken   Buy Bitcoin

Founded mid-2013, Kraken is the world's largest Euro-denominated Bitcoin exchange, based on daily average trading volume. It supports deposits from US, European, Canadian, British, and Japanese customers. Deposits can be made via bank wire, SEPA, SWIFT, and bank deposit (Japan only).
PROS
  • Well-financed and trusted exchange
  • Very low 0.25% taker fee, falling to 0.1% with sufficient trading volume
  • Very low maker fee, falling to 0% with sufficient trading volume
  • Deep liquidity for large volume buyers in European markets ensures a price close to fair market rate
  • Highly-rated for security
  • Publishes proof of reserve audits
CONS
  • User-interface makes it difficult for first time buyers
  • Requires ID verification, so not private
Ease of Use
Hard
Privacy
Low
Speed
Average
Fees
Low
Reputation
Trusted
Limits
High

Wall of CoinsWall of Coins   Buy Bitcoin Read Review

Wall of Coins is an escrow service that makes it easy to buy bitcoins with cash deposit in the US, UK, Canada, Argentina, Australia, Brazil, Canada, Germany, Latvia, Mexico, Poland, the Philippines, and Romania.
It offers low fees and is a very private way to purchase coins.
PROS
  • Easy way to purchase bitcoins
  • Fairly private way to purchase bitcoins; only your phone number is required
CONS
  • Currently limited to 12 countries
  • Hard to find sellers offering high volume
Ease of Use
Easy
Privacy
High
Speed
Fast
Fees
Low
Reputation
Trusted
Limits
Average

CoinCornerCoinCorner Buy Bitcoin

CoinCorner is a Bitcoin exchange based on the Isle of Man. They cater to users in the UK, Europe, Canada, Australia, and certain African, Asian, and South American countries. CoinCorner users may purchase bitcoins with SEPA, credit/debit card, GBP bank transfer, and now Netellertoo.
PROS
  • Trusted and regulated company in the UK
  • Wide range of payment options
  • Good customer support
  • Instant credit card purchases
  • Supports a very wide range of countries
  • Video tutorials covering the basics of Bitcoin and buying and sellingMulti-sig security features
CONS
  • Slightly high 5% fee for buying with a credit card
  • 1% trading fee slightly high by European standards
  • Offers a mobile wallet but this is not ideal for bitcoin storage
  • Requires ID verification, so not private
  • Geared towards traders; slightly confusing for first time buyers
  • Does not provide exchange prices for comparison without sign-up
Ease of Use
Easy
Privacy
Low
Speed
Average
Fees
Average
Reputation
Trusted
Limits
Average

Bitcoin ATMsBitcoin ATMs Buy Bitcoin

You can use our Bitcoin ATM map to buy bitcoins with cash. Bitcoin ATMs can be a quick and easy way to buy bitcoins and they're also private. That convenience and privacy, however, comes with a price; most ATMs have fees of 5-10%.
PROS
  • Our map makes it super easy to find a Bitcoin ATM near you
CONS
  • Bitcoin ATMs often have 5-10% fees per purchase

CubitsCubits Buy Bitcoin

Cubits is a Bitcoin exchange based in the United Kingdom. It allows users in almost every country besides the United States to purchase bitcoins, using a wide range of currencies and payment methods. The payment options include SEPA, SWIFT, credit cards, OKPAY, SOFORT, Skrill, Dotpay, and online bank transfer.
PROS
  • Fair 0.9% trading fee
  • Wide range of payment methods offered
  • Support for 20 fiat currencies
  • Super clean design makes the buying process easy
CONS
  • Offers a wallet that should not be used to store bitcoins
  • Requires ID verification, so not private
Ease of Use
Easy
Privacy
Low
Speed
Fast
Fees
Low
Reputation
Trusted
Limits
Low

VirWoXVirWoX   Buy Bitcoin Read Review

Technically, VirWoX isn't even a Bitcoin exchange. It mainly serves as a way for people to buy Second Life Lindens, a currency used in the virtual world Second Life. You can't buy Bitcoin with PayPal directly at VirWoX, but it's possible to first buy Second Life Lindens (SLL) and then trade your SLL for Bitcoin. This process works perfectly, but in the end will cost you about 10% in fees. 

This workaround/hack has made VirWoX the easiest and most popular way to buy bitcoins with PayPal.
PROS
  • The easiest and basically only way to purchase bitcoins with PayPal or Skrill
CONS
  • Comes with a price: it will cost around 10% in fees to buy with PayPal
Ease of Use
Hard
Privacy
Low
Speed
Fast
Fees
High
Reputation
Trusted
Limits
Average

BititBitit Buy Bitcoin Read Review

Bitit lets you purchase bitcoin online with a 3DS-enabled credit/debit cards or with cash via Neosurf, Flexepin (coming soon) and Cashlib vouchers, available in over 150,000 local stores across Europe.
PROS
  • Unique way of purchasing offers extra privacy over other methods
  • 8% Neosurf fee is slightly better than Coinhouse's 10%
  • Available in 50 countries
  • €10,000 initial weekly Neosurf cash payment limit
  • Bitcoin gift cards also available; more expensive than other options
CONS
  • In-person buying methods offer more privacy but can be confusing
  • Identity verification required for buying amounts over €25
  • €500 initial weekly credit/debit card limit
Ease of Use
Average
Privacy
Average
Speed
Fast
Fees
Average
Reputation
Trusted
Limits
Low

CancoinCancoin Buy Bitcoin

Cancoin is a P2P Bitcoin exchange and multisig wallet. It is currently available in the USA and Canada. Buyers pay 0% fees.
PROS
  • Decentralized exchange
  • Clean interface and easy to use
CONS
  • Low liquidity (for now)
Ease of Use
Average
Privacy
Average
Speed
Average
Fees
Low
Reputation
Trusted
Limits
High

Mycelium Local TraderMycelium Local Trader Buy Bitcoin

Mycelium Local Trader helps you find local Bitcoin sellers. Once you locate a seller, you meet up in-person and conduct the trade. Mycelium charges absolutely no fees. While Mycelium Local Trader works great in highly-populated areas, users in low population areas will have trouble finding sellers.
PROS
  • Easy and cheap way to buy bitcoins with cash
  • Private way to buy bitcoins, no personal information required beyond cellphone number
CONS
  • Users in sparsely populated areas will have trouble finding sellers
Ease of Use
Average
Privacy
High
Speed
Fast
Fees
Low
Reputation
Trusted
Limits
High

ChangellyChangelly Buy Bitcoin

Changelly lets you buy bitcoin with Litecoin, Dogecoin, altcoins and many other digital tokens. Changelly works in nearly every country but you will need another cryptocurrency in order to purchase bitcoins. Exchanges happen almost instantly because Changelly never actually controls your tokens but just exchanges them.
PROS
  • Easiest and fastest way to buy bitcoins with altcoins
  • Fees are reasonable for larger traders
CONS
  • Need altcoins or other digital tokens to use
Ease of Use
Easy
Privacy
High
Speed
Fast
Fees
Average
Reputation
Trusted
Limits
High

bitcoin-otcbitcoin-otc Buy Bitcoin

Bitcoin-OTC is an over-the-counter marketplace for the peer to peer exchanging of bitcoin. It is almost like a Craigslist for Bitcoin. Users must create ads or locate other ads to find sellers of bitcoin. Bitcoin-OTC is somewhat complicated and hard to use, but may be the only option for users in some countries without an exchange.
PROS
  • Can be a good way to find Bitcoin sellers if no other options exist
CONS
  • Need to keep eye out for scams
  • Need to build trust and feedback for your account before trading larger amounts
Ease of Use
Hard
Privacy
High
Speed
Varies
Fees
Varies
Reputation
Trusted
Limits
High

About Mariano

I'm Ethan Mariano a software engineer by profession and reader/writter by passion.I have good understanding and knowledge of AngularJS, Database, javascript, web development, digital marketing and exploring other technologies related to Software development.

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