Where to Buy and Sell Bitcoin in Canada

Here are the top most popular and trusted bitcoin exchanges in Canada where you can buy, sell, transfer and invest in bitcoins.

1] Coinbase

About company: – Coinbase is Founded in June of 2012. It is an all-inclusive platform to buy, sell and accept bitcoin. Trusted and regulated company in the Canada.

Fees Structure: – 3.99% per purchase.

Payment Method: – Credit card and Debit card.

Pros

High liquidity and buying limits.
An easy way for newcomers to get bitcoins.

Cons

Bank transfer can take up to 5 days to complete.
It may track how and where you spend your bitcoins.

2] Coinmama

About company: – Coinmama offers an easy, fast & secure way of purchasing Bitcoin and Ethereum. With our affiliate program, affiliates earn Bitcoins, while helping us gain new satisfied customers.

Fees Structure: – 6.15% fee on each purchase.

Payment Method: – Coinmama offers the following payment options, any credit card or a debit card, Visa or MasterCard. For credit/debit card transactions, the payment processor charges 5.00% additional fee.

Pros: –

It works in almost all countries.
Highest limits for buying bitcoins with a credit card.

The broker is reliable and trusted.

Cons: –

Highest fees among credit/debit card bitcoin brokers.

3] GDAX

About company: – GDAX, is one of the largest Bitcoin exchange in the Canada.

Fees Structure: – 0.25% taker fee for all BTC and its does not charge for moving funds between your Coinbase and GDAX account.

Payment Method: – Users can fund their accounts via bank transfer, SEPA, or bank wire.

Pros

It offers good prices and low fees.
Transfers between your Coinbase wallets and GDAX account are instant and free.

Cons

It’s confusing for first-time buyers

4] LocalBitcoins

About company: – At LocalBitcoins from the different countries people can exchange their local currency to bitcoins.

Fees Structure: – It’s completely free.

LocalBitcoins users who create advertisements are charged a 1% fee for every completed trade.

Payment Method: – Cash deposit

Pros

Private, fast and easy.
Personal information is not required In-person trades.
Via cash deposit Purchases of bitcoin can be made quickly.

Cons

Bitcoin Prices are a little bit higher than some of the other options.

5] Canadian Bitcoins

About company: – Canadian Bitcoins is a Bitcoin exchange based in Canada.

Fees Structure: – fees vary for each payment method.

Payment Method: – Interac Online, Bill Payment via online banking, Direct debit from a bank account, Flexepin Voucher, Cash via mail, Cash in person (Ottawa), Debit in person (Ottawa).

Pros

Wide range, Easy to use for first-time buyers

Cons

Any payment methods are not private ways to buy bitcoins

6] Satoshi Counter

About company: – Satoshi Counter was started on 2011 buy and sell bitcoins in the fastest, cheapest, safest and most convenient way possible.

Fees Structure: – Fees structure not displayed publicly.

Payment Method: – Cash

Pros

Great way to buy large amounts of bitcoins in Canada

Cons

Identity verification is required so not private

7] QuickBT

About company: – Growing and earning your business since 2013. QuickBT is for buying Bitcoin, Litecoin, and Ethereum — delivered straight to your wallet.

Fees Structure: –

Payment Method: – Debit, Credit, or Cash

Pros

Easy way to buy small amounts of bitcoins fast
No verification beyond cellphone number required.
Utilizes the highest grade of security for your purchase.

Cons

Require multiple identity confirmations.

8] BitAccess

About company: – Founded in November 2013, headquartered in Ottawa, Ontario, Canada.

Fees Structure: – Fees start out at 10%

Payment Method: – With Flexepin and by cash.

Pros

Easy-to-use

Cons

ID verification is important it takes 1-3 business days.

9] BitBuy

About company: – Bitbuy.ca is wholly owned and operated by Monitex Inc. Monitex Inc. is a Canadian FinTech company located in Toronto, ON. Bitbuy.ca is a discount crypto-currency broker offering instant procurement options for all types of buyers.

Fees Structure: – 4.95% per trade

Payment Method: – Interac Online, Interac e-Transfer, Flexepin Voucher.

Pros

Easy and fast to use.

Cons

ID verification is important it takes 1-3 business days.

10] QuadrigaCX

About company: – QuadrigaCX is a Canadian Cryptocurrency exchange platform. It based in Canada.

Fees Structure: – 0.2-0.5% Trading Fee.

Payment Method: – Interac Online, e-Transfer, Express Bank, Bank Wires, Drafts, Money Orders and more.

Pros

Security is the number one policy
All funds in the QuadrigaCX system are highly liquid and can be withdrawn at any time.

Cons

11] Kraken

About company: – Founded in 2011, San Francisco-based. world’s largest Euro-denominated Bitcoin exchange, based on daily average trading volume.

Fees Structure: – Very low 0.25% taker fee, falling to 0.1% with sufficient trading volume. Fees go as low as 0% and depend on how much you trade

Payment Method: – Deposits can be made via bank wire, SEPA, SWIFT, and bank deposit (Japan only).

Pros

Highly-rated for security
Publishes proof of reserve audits

Cons

it difficult for first-time buyers
Requires ID verification, so not private

12] Wall of Coins

About company: – The headquarter of Wall of the coin is in Sarasota. It simplifies buying and selling Bitcoin, and no one else comes close. Wall of Coins and every participating app directly connects buyers and sellers.

Fees Structure: – Fees structure not displayed publicly.

Payment Method: – cash-based system

Pros

Easy way to purchase bitcoins
only your phone number is required

Cons

Hard to find sellers offering high volume

13] Cancoin

About company: – Cancoin is a providing P2P bitcoin exchanges using multi-signature escrow, on blockchain confirmations and OpenPGP encrypted order communications.