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
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.
Quebex.com is owned and operated by Quebex Fintech Inc., a corporation registered in Québec. They developed the website using Canadian talent so we could meet the unique Canadian government requirements that running a bitcoin exchange poses, and avoid the security issues and losses of funds recently seen on some of the other exchanges.
They pre-screen users to help weed out bad actors, so trading partners on Quebex.com are already more trustworthy than users on other bitcoin trading sites with international headquarters. To simplify compliance they only allow Canadian citizens to trade, so holders of foreign passports residing in Canada will not be able to register.
Bitcoin prices on Quebex.com have traditionally been much lower than on competing sites, which also tend to have higher fees and less thoroughly vetted users. Since implementing their current verification policy in late 2016, they have seen hundreds of trades and hundreds of new users without a single instance of fraud.
With a wide variety of accepted payment options and effective verification, peer-to-peer bitcoin trading in Canada has never been easier or safer.
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.
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.
Taurus – IN THE PROCESS OF CHANGING ITS BUSINESS MODEL – 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.
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).