Best Crypto Exchanges in Canada
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Regulation & P2P
Canada regulates crypto exchanges via FINTRAC (AML) and provincial securities commissions. Binance exited Canada (2023) but returned with an OSC license. Crypto tax: 50% of capital gains income is taxed as regular income.
Common payment methods
Interac e-Transfer (CAD), debit/credit card, bank transfer. Direct CAD deposit on Binance, Bybit and KuCoin. CAD withdrawal to Canadian bank accounts without restrictions.
BinanceThe world's largest exchange. 25% fee discount when paying with BNB
BybitBest for futures trading. Copy trading available – replicate trades of experienced traders
OKXBuilt-in Web3 wallet and decentralized exchange right in the app
BitgetNumber one for copy trading. 20% fee discount when paying with BGB token
MEXCZero maker fees. Huge selection of coins – 2,500+
KuCoinLots of rare altcoins, convenient P2P exchange. 20% discount with KCS token
Gate.ioHuge coin selection – 4,500+. Find even the rarest tokens
BingXSocial trading – see what others are buying. Official Ferrari partner
Frequently Asked Questions
What is the best crypto exchange in Canada?
Based on our rating, the top pick for Canada is Binance. It is available locally, supports P2P, and has high liquidity.
Can I deposit in CAD in Canada?
Most exchanges in our list support P2P trading and/or bank deposits in CAD. Check the current deposit methods on each exchange's website.
Is it safe to use international exchanges?
All exchanges in our rating are major international platforms with years of history. We recommend enabling 2FA and keeping large amounts in a non-custodial wallet.
How many exchanges are available in Canada?
Our rating lists 8 exchanges for this country, reflecting availability at the time of last update.
How can I buy crypto with CAD in Canada?
Interac e-Transfer (CAD), debit/credit card, bank transfer. Direct CAD deposit on Binance, Bybit and KuCoin. CAD withdrawal to Canadian bank accounts without restrictions.
Can I withdraw to a Canada bank account?
Binance and other exchanges in our list support CAD withdrawals to local bank accounts. Availability depends on the specific exchange and your verification level.
CoinMagnetic Team
Crypto investors since 2017. We trade with our own money and test every exchange ourselves.
Updated: June 2026
This page contains affiliate links. Not financial advice. Always verify current service availability in your country.