Buy Bitcoin

An exclusive list of the best exchanges to buy bitcoin.
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Buy Bitcoin in Canada





Bitbuy Bitbuy

Bitbuy is a cryptocurrency exchange based in Canada. You can buy Bitcoins, Litecoin, Ethereum, and other coins with Interac 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.

Visit Bitbuy's Website
Pros
  • Best overall Canadian exchange
  • Low fees (0-2%)
  • Good customer support
  • Founded in 2016
Cons
  • Requires ID verification
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Ease of Use
Easy
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Privacy
Low
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Speed
Fast
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Fees
Low
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Reputation
Trusted
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Limits
High

MyBTC.ca MyBTC.ca

MyBTC.ca is an exclusively Canadian cryptocurrency exchange, operating since 2016. It facilitates quick purchases of Bitcoin and Ether in Canadian Dollars (CAD). Non-custodial platform; transfers crypto directly to user-provided wallet addresses. Supports various payment methods, including Interac e-Transfer, credit and debit cards, bank wire transfers, cash or debit cards, and Flexepin vouchers.

Visit MyBTC.ca's Website
Pros
  • Trusted Canadian exchange
  • Support for buying with Flexepin and Interac
  • Users love MyBTC - 4.8 stars on Trustpilot
  • Fast verification and delivery
Cons
  • MyBTC's interface may be confusing for new users
  • MyBTC's website is not as simple as the other exchanges
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Ease of Use
Average
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Privacy
Low
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Speed
Fast
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Fees
Average
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Reputation
Trusted
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Limits
High

Kraken Kraken

Founded mid-2011, Kraken is the one of the world's largest cryptocurrency exchanges, and the largest in Europe based on daily average trading volume. It is available in almost all countries.
Deposits can be made via Interac e-Transfer for CAD deposits and withdrawals, in-person cash via Canada Post, bank wire, SEPA, ACH and SWIFT. Users can buy bitcoin, ethereum, dogecoin and dozens of other coins.

Visit Kraken's Website
Pros
  • 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
  • Highly-rated for security and data protection
Cons
  • Requires ID verification, so not private
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Ease of Use
Hard
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Privacy
Low
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Speed
Average
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Fees
Low
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Reputation
Trusted
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Limits
High

Coinbase Coinbase

Coinbase is one of the largest exchanges, with over 100 million users. Residents of Canada can buy bitcoins and crypto fast and easily using Coinbase's free app or on its website. Coinbase also offers a free wallet for its Canadian users.

Visit Coinbase's Website
Pros
  • Trusted exchange with 100 million+ users
  • Based in the USA; with a free wallet included
  • App available on Apple App Store & Play Store
Cons
  • Easy to use but fees can be high
  • Coinbase may track how and where you spend your bitcoins
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Ease of Use
Easy
privacy icon
Privacy
Low
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Speed
Average
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Fees
Average
reputation icon
Reputation
Trusted
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Limits
High

Bitcoin ATMs Bitcoin ATMs

We maintain a directory of Bitcoin ATMs across Canada, including locations in Toronto, Vancouver, Montreal, Calgary, Edmonton, and more. Use our map to find a Bitcoin ATM near you.

View Bitcoin ATM Map
Pros
  • Our map makes it super easy to find a Bitcoin ATM near you
  • ATMs in major Canadian cities coast to coast
Cons
  • Bitcoin ATMs often have 5-10% fees per purchase
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Ease of Use
Easy
privacy icon
Privacy
High
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Speed
Fast
fees icon
Fees
High
reputation icon
Reputation
Trusted
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Limits
High

Bitcoin & Cryptocurrency Trading in Canada

Buying bitcoin in Canada is easy. Simply find an exchange, deposit money, and then buy bitcoins. Once you buy bitcoins, you can send them, sell, or trade them.

In Canada, bitcoin can be bought online or in-person at ATMs. Toronto, Vancouver, and many cities in Canada have ATMs to buy from with cash. ATMs are fast 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.

Bitcoin ATMs in Canada

We maintain our own database of Bitcoin ATMs in Canada. Here is a list of the ATMs we've collected. You can submit an ATM to us by using our contact form.

Select a City to View Bitcoin ATMs

FAQ

Is Bitcoin Legal in Canada?

A: The financial regulator of Quebec, known as the Authorité des marchés financiers, has officially stated that certain business models associated with Bitcoin, such as exchanges and ATMs, fall under the regulation of its existing MSB Act.

In April 2018, the Bank of Montreal (BMO) revealed its decision to prohibit its credit and debit card holders from engaging in cryptocurrency transactions using their cards. This move followed a similar cryptocurrency ban by Toronto Dominion (TD), adding to the series of banking actions in Canada regarding cryptocurrencies.

Does Coinbase Work in Canada?

A: Coinbase officially works in Canada as of August 2023. The company opened up an office in Toronto.

Where Can I Find a Bitcoin ATM in Canada?

A: In Canada, bitcoin can be bought online or in-person at ATMs. Toronto, Vancouver, and many cities in Canada have ATMs to buy from with cash. ATMs are fast but have high fees.

You can use our Bitcoin ATM finder tool to find one near you.

How to Buy Ethereum in Canada?

A: Buying Ethereum in Canada can be done at any of the above exchanges. Since Ethereum is the second largest cryptocurrency, all the exchanges above support buying and trading Ethereum.