#1Top Pick
Kraken
Exceptional security track record and strong regulatory standing. The safest all-round choice for serious crypto investors, particularly in the US and Europe.
Cold StorageProof of ReservesStaking
4.6/ 5
Best Crypto Exchanges in Canada
Last updated
25
Exchanges
Top Canadian Crypto Exchanges
25 crypto exchangesSort:
The most regulated crypto exchange in the US. Best-in-class institutional custody and unmatched regulatory clarity for US-based investors.
Cold StorageProof of ReservesStakingDeFi AccessThe compliance-first US crypto exchange. Gemini's NYDFS oversight, Deloitte-attested Proof of Reserves, and SOC 2 Type II certification make it the strongest regulated choice for institutional and compliance-sensitive US investors.
Cold StorageProof of ReservesStaking- Cold StorageProof of ReservesCold StorageProof of ReservesCold StorageProof of ReservesStakingDeFi Access0.2 pips BTC/USDT spread17,000 coins2% feeTrendingCold StorageProof of ReservesStakingTrending0 pips BTC/USDT spread10,000 coins6% fee1 pips BTC/USDT spread400 coins7% feeCold StorageProof of ReservesStaking0.4 pips BTC/USDT spread4,000 coins7% fee0 pips BTC/USDT spread2,200 coins7% feeTrending0 pips BTC/USDT spread150 coins7% fee0 pips BTC/USDT spread12,000 coins7% fee0 pips BTC/USDT spread300 coins8% feeTrending0 pips BTC/USDT spread1,000 coins6% fee
Other North America Countries
Frequently Asked Questions
Crypto trading is Regulated in Canada. There are currently 25 exchanges listed as available to users in Canada. Always verify that an exchange is legally permitted to serve users in your jurisdiction before depositing funds; check with CIRO for the latest licensing information.
Our list above shows the exchanges currently accepting users from Canada. Availability can change if an exchange withdraws from a market or gains new regulatory approval, so always check the exchange's terms of service to confirm access for Canadian residents before registering.
Exchanges regulated by CIRO are typically required to hold client assets separately from company funds and implement robust AML and cybersecurity controls. However, unlike traditional bank deposits, crypto holdings are not usually covered by government compensation schemes. Use hardware wallets for long-term storage and only keep trading amounts on exchanges.
Canada's crypto exchanges must register with FINTRAC as Money Services Businesses and comply with provincial securities regulators. Following the FTX collapse, the CSA introduced pre-registration undertakings requiring exchanges to hold client assets in segregated custody and disclose leverage practices. Some global exchanges have restricted Canadian access due to these requirements.
Tax treatment of crypto gains varies significantly by jurisdiction. Most countries with established crypto frameworks, including the EU, UK, US, and Australia, treat crypto as a taxable asset subject to capital gains tax. Some jurisdictions such as the UAE apply no personal income or capital gains tax. Always consult a local tax adviser for guidance specific to your situation in Canada.
