Choosing a Canadian Crypto Exchange

We briefly discussed the various cryptocurrency exchanges in Canada in our post NFTs in Canada. In this post, we will go through the steps required for opening, funding and then making your first trade in a Canadian crypto exchange.

The major crypto exchanges in Canada at the moment are:

  • Binance
  • Crypto
  • Coinbase
  • Coinsmart
  • Coinsquare
  • Newton

We would advice against Binance as it has been in a regulatory fight with the Ontario government and might halt trading if not completely close accounts of its users.

Out of these, we prefer Newton for its no trading fees, no fees to fund or withdraw money and a wide array of cryptocurrencies to trades with. Also, if you use this link to signup with Newton, you get free $25 (referral) instantly in your account after you make your first trade of $100 or more.

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