A full list of major Canadian bitcoin exchanges, their associated benefits and withdrawal/deposit options is featured below.  Bookmark this page for quick and easy reference.

QuadrigaCX — Headquartered in Vancouver, QuadrigaCX is the largest and most respected exchange in Canada.  To ensure the highest level of customer service for QuadrigaCX customers, all QuadrigaCX employees have earned a “Bitcoin Certified Professional” certificate and license number issued by the Crypto Currency Certification Consortium. They are the first Bitcoin exchange in Canada to embrace the high standards that have been put in place by C4.  QuadrigaCX is the best Canadian bitcoin exchange in trading volume, customer support, security and they accept clients from any country world-wide — except United States due to legalities.

You can fund your account to buy bitcoin with either Canadian or U.S. fiat and place your trade in their respective order books.  Commissions are set at a fair 0.50% of your total dollar investment and are charged only after your order is filled.  Plus, with the recent addition of Ether trading pairs you can now buy or sell Ether on XBT/ETH and CAD/ETH orderbooks for 0.20% and 0.50% exchange fees, respectively.

With a variety of funding and withdrawal methods, QuadrigaCX makes it easy to get your money or bitcoin in and out within 24hrs.  Funding methods include INTERAC Online, Interac e-Transfer, Direct Bank Transfer, Bank Wire, Money Order, Bank Draft or Western Union.  Same methods are available for those wanting to fund with U.S. dollars, with the exception of Interac products.  Withdrawal options are e-Transfer, Bank Wire, Western Union, Direct Bank Transfer, Cheque, Virtual Visa and Visa or MasterCard bill payment.  If you needs your funds in a hurry they also offer Express e-Transfer and Express Bank Transfer withdrawals.  Visit here to see all the options at-a-glance: Funding/Withdrawal Table

QCX 728x90 CDN Instant

For those of you that would rather buy bitcoin directly from another person, you should try LocalBitcoins.com. They are a global marketplace that allow you to buy from sellers, locally, with a variety of payment methods that include Cash Deposit at any major bank, Interac e-Transfers, Western Union, PayPal and many others, all on LocalBitcoins.com.

To protect you against fraud and provide peace-of-mind when conducting an online transaction, LocalBitcoins.com uses escrow to take the bitcoins you have reserved from the seller’s account and hold on to them until the seller releases.  If you have in fact paid and the seller does not release for some reason, you can file a dispute and LocalBitcoins will resolve it for you.  So hang on to your receipt!

LocalBitcoins.com is the best service to use for those who want bitcoins almost instantly.  Follow image below to get your FREE account.

Taurus – A Canadian bitcoin exchange based in Vancouver, BC. Yuri Yerofeyev, founder and CEO, is known in the Vancouver cryptocurrency community as one of the first and most trusted local traders, a bitcoin ATM operator and a director of The Bitcoin Co-op, a non-profit organization dedicated to promoting Bitcoin in the masses. The company behind the exchange was founded in the summer of 2014 with Taurus bitcoin exchange launching in beta in February, 2015.

The platform’s methods of payment include Bitcoin, Wire Transfer, Interac Online and Cash In-Person for deposits and Bitcoin and Wire Transfer for Withdrawals. A recent partnership with Vogogo brings another convenient option both for deposits and withdrawals. Customers enjoy a flexible trading fee structure starting with 0.5% and going down to 0% for high-volume traders. The majority of customer funds are stored securely in a multi-signature wallet for ultimate protection. Taurus bitcoin exchange holds a valid money services business (MSB) license issued by FINTRAC and is fully compliant with all the applicable laws and regulations.  Taurus: Sign Up

Taurus Exchange

CanadianBitcoins.com – Located in Ottawa, Ontario, CanadianBitcoins.com is Canada’s longest-standing, singly-owned Bitcoin Brokerage, having served customers nation-wide for nearly 5 years.  With choices ranging from basic accounts for privacy conscious individuals to fully verified accounts, CanadianBitcoins.com customers enjoy many convenient options for the purchase and sale of Bitcoins and Litecoins. Basic Account holders can take advantage of our Cash-in-Office and Cash-Through-Express-Mail transactions, while Verified Account holders have the added benefit of Interac Online, Moxipay, Direct Debit, Direct Deposit and Online Bill Payment. Their office is open weekdays from 9-5pm EST. 24-7-365 instant purchases are available with Interac Online and Moxipay to established verified account holders.

Canadian Bitcoins





247exchange.com – Licensed international Bitcoin exchange service. Allows you to buy, sell, exchange Bitcoin and altcoins in Canada offering a big variety of payment and withdrawal options including the instant ones. Accepts credit/debit cards (including prepaid ones), Interac Online, Direct Debit (EFT/eCheck), bank transfers (in both CAD and USD), express cash transfers, etc. The service is easy-to-use, secure and fast. Besides Bitcoin the exchange works with Litecoin, Peercoin, Namecoin. Has 24/7 support. The service is provided by InterMoney Exchange™, the group of financial companies.


Morrex – Founded in October 2013, MORREX INC is Quebec’s first digital currency exchanger. MORREX INC is the only exchange to offer full billingual customer service. Its 2-factor authentication requires that members enter their passwords and personal identification number for a safe, user-friendly trading experience. Highly reliable and stable, the MORREX trading platform trading fees are currently 1 %.

The exchange accepts Bitcoin, Litecoin, Feathercoin, Wire Transfer, Interac Online, Cash, Pre-Authorized Debit, Electronic Funds Transfer, Bill Payment, Interac Email Money Transfer.

Customer deposits are stored in Canadian banks and digital currency balances are stored in multiple signature wallets. Morrex in has a money transmitting license from both FINTRAC and the Autorité des Marchés Financiers du Québec.

Cointrader.net – CLOSED ITS DOORS – is a meticulously engineered Bitcoin Exchange brought to you by the team that installed the world’s first Bitcoin ATM in Vancouver. They offer USD and CAD order books with cheap and easy deposit/withdrawal options that save you time and money. They also have the competitive  trading fees that use a volume-based maker-taker fee model.

Cointrader.net’s website is very user-friendly and their customer support team is does a great job. Their cold storage is insured through Xapo so you can have confidence that your funds are safe. Place limit orders with fees starting at just 0.35% or trade instantly starting at just 0.5%.

CaVirtex – DEFUNCT AS IT HAS BEEN ACQUIRED BY KRAKEN – The 2nd largest exchange in Canada in terms of bitcoin trading volume, capital and market presence.  Launched in June, 2011 out of Alberta, Canada CaVirtex became Canada’s first bitcoin exchange and until this day remains fully owned and operated in Canada with your dollars held in Canadian banks.  With over 30% of share of market in bitcoin trading you will have no problem filling your bitcoin orders the day you place them.  CaVirtex added CAD to LTC (Litecoin) and BTC to LTC trading in February, 2013 and has been growing in volume ever since.

With respect to CaVirtex deposit and withdrawal methods, you have a variety of options.  Deposit options include INTERAC Online, Bill Payment, Wire Transfer, Pre Authorized Account Debit, In-person bill payment at MoneyMart and QuickBT for smaller amounts of Bitcoin and Litecoin.  For withdrawals CaVirtex can send you your money via Wire Transfer, Direct Deposit into your bank account or you can withdrawal with one of their debit cards that you can request for delivery by mail.  To sign up for an account and receive your debit card click on this link CaVirtex or the logo below.

Vault of Satoshi –  CLOSED DUE TO PROFITABILITY ISSUES – A Canadian-based cryptocurrency exchange located in Brantford, Ontario.  However, regardless of being housed in Canada they are actually a global exchange that accept clients from all over the world and give you the opportunity to trade in Canadian or U.S. dollars in their respective exchanges and order books. Vault of Satoshi supports a wide variety of cryptocurrency trading that include Bitcoin, Darkcoin, Litecoin, Peercoin, Dogecoin, Quarkcoin, Feathercoin, Primecoin, Vertcoin, Noblecoin, BillionCoin, Einsteinium, NovaCoin, FlutterCoin, ZetaCoin, BlackCoin, and Auroracoin among many others.  You can fund your account to buy cryptocurrencies with either Canadian or U.S. fiat and trade for a 1% commission fee.  There is a $15 charge to fund your account via wire transfer and $5 for the bill payment method.  For wire transfer withdrawals Vault of Satoshi charges 0.2% of the value you withdrawal – $25 fee minimum and $135 maximum.  However, right now all funding fees are waived until July 5th. In addition to bill payment and wire transfer funding you can also use, Interac Online, Certified Checks, Money Orders, Bank Drafts, Pre-authorized Account Debit and Interac Debit (on-site only).


  • In order to use Coinbase in Canada, you’ll need a US dollar bank account with a routing number. Not the ideal choice for most Canadians at this point. One alternative which should be on this list is Vault of Satoshi

    • BuyingBitcoin.ca says:

      Thanks for your feedback, Mitchell. I see that you work for BitcoinMarketers.com and have done work for several brands and exchanges here in Canada that include Clearly Canadian (now accepting bitcoin), CaVirtex and Vault of Satoshi. Great work! We appreciate your suggestion and will add the latter to the table shortly.

      With respect to your comment regarding Coinbase, here is a detailed example of how Canadians may use this exchange/wallet:

      1. Use RBC bank

      2. Open a USD checking account known as “Royal Embassy Checking” which is fully registered in the USA.

      3. Load this account with USD via the teller or transfer from one of your other RBC accounts.

      4. Visit Coinbase and register your e-wallet for free.

      5. Pay for bitcoin with your RBC Bank USD checking account.

      It’s that simple. Hope that helps.

  • Hey guys,

    Yea, I’ve setup an account with Coinbase, but I’ve been having issues connecting it to my RBC account. So, though its not an impossible solution, it’s definitely not the easiest (and you have to deal with USDs, which most Canadians do not use). Nonetheless, great platform so far.

    • BuyingBitcoin.ca says:

      Thanks for your update. What you need to do is transfer your U.S. dollars held in your RBC Canadian account to your RBC Royal Embassy account, which is U.S. based and has a routing number instead of branch and transit. Here is the link to more details on that account:http://www.rbcbank.com/products-and-services/cid-297035.html.
      We have all connected ours with Coinbase and they work perfectly. Also, if you keep an eye on the exchange rates, you might find some really good arbitrage opportunities. Meaning that if you buy BTC in USD and transfer to a Canadian wallet, you will have more BTC than if you bought in CAD. The same can apply for buying BTC in CAD, transferring to a USD bitcoin exchange, cashing out, exchanging USD to CAD and then buy back in for more BTC with the CDN exchange. This is what the pros do. Good Luck!

      • Hi, I’m following your steps, and I’ve opened a RBC USA Embassy account but I’ve failed to verify it with Coinbase. What USA routing number did you use? And did it say it couldn’t find your account and you had to hit yes proceed anyways?

  • Vault of Satoshi will be closing on February 5th, 2015.

  • Barry Donaldson says:

    Stay away from coinbase. i have an account there. i have been trying to attach my bank account for over a month, but their system requires me to change my country default. It won`t let me change my country default because the name on my account and my ID don`t match. (My driver`s license is written last name first).

    Coinbase “support” is of zero value. It takes several days to get an email response and when they do theyr only instructions are to follow the links on their website, which does not allow me to complete the process.

    I have approximately 0.89 bitcoin in this account and as far as I`m concerned, it is lost.

    If you are from Canada, just stay away form them and save yourself a headache, and some money.

    • Hi Barry, Yes, I agree with you … I have an account with Coinbase and I used to buy with Credit Card, and now the limits reduced to 50CAD even after many purchases and versification… I have invited many people to coinbase initially and now I dont use. If you have bitcoins there, you can transfer to any other Wallet operating from Canada, and with draw the money or keep it for trade….

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