The best crypto app in Canada is Coinbase, which I rank first with a score of 9.9 out of 10. Kraken is second among apps you can legally open as a Canadian, with 9.6, then Wealthsimple Crypto at 9.5. These rankings come from my testing of 61 exchanges and the weights from my reader survey of nearly 1,000 Canadians, where safety was the top priority.
For Bitcoin only, Bull Bitcoin (9.4) is built around sending coins to your own wallet. For a Canadian-regulated app with free Interac funding, Newton (9.3) is the one I would look at next.
- 1. Coinbase: best overall app, 9.9/10, CSA Restricted Dealer, 200+ assets
- 2. Kraken: cheaper Pro trading, 9.6/10, free Interac deposits
- 3. Wealthsimple Crypto: for existing Wealthsimple users, 9.5/10, CIRO investment dealer
| # | App | Score | Status | Fee | Apple Canada Rating |
|---|---|---|---|---|---|
| 1 | Coinbase | 9.9 | CSA-registered | Up to 1.875% on simple buys, plus spread | 4.56 (65,030 ratings) |
| 2 | BloFin | 9.7 | Offshore Terms prohibit Canada | 0.1% spot | 4.86 (156) |
| 3 | Kraken | 9.6 | CSA-registered | Pro 0.40% maker, 0.80% taker; Instant Buy 1% | 4.62 (5,662) |
| 4 | Wealthsimple Crypto | 9.5 | CSA-registered CIRO investment dealer | 0.5% plus spread | 4.62 (129,832) |
| 5 | Bull Bitcoin | 9.4 | FINTRAC MSB | No fee, spread about 2% | 4.97 (29) |
| 6 | Newton | 9.3 | CSA-registered CIRO investment dealer | No fee, spread from 1.00% on BTC | 4.62 (24,473) |
| 7 | Bitcoin Well | 9.0 | FINTRAC MSB | 1.5% spread online | Not retrieved |
| 8 | NDAX | 8.8 | CSA-registered CIRO investment dealer | Flat 0.20% | 4.75 (15,225) |
| 9 | BTCC | 8.5 | Offshore Not CSA-registered | 0.2% maker, 0.3% taker | 4.32 (1,010) |
| 10 | MEXC | 8.0 | Offshore Terms prohibit Canada | 0% maker, 0.05% taker | 4.74 (1,908) |
| Extra | Shakepay | Not ranked | CSA-registered CIRO dealer member | No fee, spread 0.5% to 2.0% | 4.62 (24,349) |
BloFin, BTCC and MEXC keep their rank but I label them offshore: they are not registered with the Canadian Securities Administrators, and BloFin's and MEXC's own terms list Canada as a restricted location. They are on this list because I have to rank what I tested, not because I tell Canadians to use them. Apple ratings are the Canadian App Store figures I retrieved on October 1, 2026.
What Is The Best Way To Buy Crypto In Canada?
Use a registered app, fund it with Interac e-Transfer and buy a major coin. Registered means the CSA authorized the platform, and in the apps below that is the case for all except the two Bitcoin-only ones, which are FINTRAC money services businesses. These are the apps I would put on a phone first, in my ranking order.
Coinbase: Best Overall Crypto App In Canada
9.9/10Best for: First-time buyers who want a regulated, simple app
- Fees Up to 1.875% on simple buys plus spread
- CAD Funding Free Interac e-Transfer and EFT
- Coins 200+ assets on its Canadian page
- Bonus Banner says up to CA$200, qualifying terms not confirmed
Kraken: Better Fees Once You Learn Pro
9.6/10Best for: Beginners who want to learn, then cheaper trading on Kraken Pro
- Fees Pro 0.40% maker, 0.80% taker; Instant Buy 1%
- CAD Funding Free Interac e-Transfer deposits; CAD 10 to withdraw by e-Transfer
- Coins About 490 (derived)
- Staking Yes, with Canadian exceptions
Wealthsimple Crypto: The Pick If You Already Invest With Wealthsimple
9.5/10Best for: People who already invest with Wealthsimple
- Fees 0.5% plus spread; CAD 1 extra under CAD 100
- CAD Funding Free Interac e-Transfer
- Coins 170+ plus Bitcoin, Ether, Solana
- Staking Yes, 30% of rewards on Core and Premium
Bull Bitcoin: Bitcoin Only, Straight To Your Wallet
9.4/10Best for: Bitcoin only, sent straight to your own wallet
- Fees No fee, spread about 2% (not published)
- CAD Funding Free Interac e-Transfer, bill pay and wire
- Coins Bitcoin only
- Custody Non-custodial
Newton: A Canadian-Regulated Dealer With Free Funding
9.3/10Best for: Beginners who want a Canadian-regulated dealer with free CAD funding
- Fees No fee, spread from 1.00% on BTC
- CAD Funding Free Interac e-Transfer, wire and EFT
- Coins 59 CAD pairs
- Bonus Friend gets CAD 20 after trading CAD 100 within 90 days
Is Kraken Better Than Wealthsimple?
For cost at any size, Kraken Pro wins: 0.40% maker and 0.80% taker at the entry tier, falling with volume, against Wealthsimple's 0.5% plus a spread that is not published as one number, unless you qualify for Active Trader status. For simplicity and a single home for stocks, cash and crypto, Wealthsimple wins. The coin gap is large too: Kraken lists about 490 assets for Canadians on my derived count against Wealthsimple's 170 plus the big three. Read my Kraken review and my Wealthsimple Crypto review.
Is Coinbase Or Wealthsimple Better?
My ranking says Coinbase, 9.9 to 9.5. Coinbase offers more coins, an easy app and a wider set of funding choices. Wealthsimple is a CIRO investment dealer, which brings CIPF coverage for cash but not for crypto, and its main edge is convenience if you already use it. Coinbase is a Restricted Dealer, and its Canadian fiat wallets are not covered by CIPF or CDIC.
What Is The Downside To Wealthsimple?
Three things. The spread on market orders is on top of the 0.5% fee, so the all-in cost is higher than the headline, and the CAD 1 surcharge applies under CAD 100. Crypto is not covered by CIPF. And the coin list, while large, is smaller than Kraken's or Coinbase's.
Can The CRA Track Crypto Wallets?
It can see what exchanges report, and that is about to expand. Canada's CARF implementation has Canadian crypto platforms collecting customer data from January 1, 2026, with first annual reports to the CRA in 2027 for 2026 activity. In 2021 the Federal Court also authorized the CRA to require Coinsquare to hand over records on its larger customers. A self-custody wallet does not report itself, but the moment coins move to or from a platform, that platform's records show the address on the other side.
Does Wealthsimple Report Crypto To The CRA?
Under CARF, Canadian platforms, Wealthsimple among them, are expected to collect and report the required customer information from the 2026 calendar year. I have not found an official Wealthsimple statement spelling out its own reporting, so check its tax documents page. Either way, you report your own gains: half of a capital gain is included in income under the CRA's current rules.
Which Crypto App Is Good In Canada?
Any app in the top six that fits your need: Coinbase for beginners, Kraken for lower fees, Wealthsimple for existing users, Bull Bitcoin for Bitcoin only, Newton for a Canadian dealer. My quiz will match you in a minute, and my best crypto exchanges in Canada page has the full cost comparison.
Which Crypto Is Best To Buy Now In Canada?
I do not tell you which coin to buy. I tell you where to buy it safely. If you are new, most people start with Bitcoin, and my guide to buying cryptocurrency in Canada shows each platform's costs.
How Did I Rank These Apps?
My scoring weights come from my reader survey. When I asked nearly 1,000 Canadians what mattered most in choosing an exchange, 41% said safety and security, 21% fees and spreads, 14% coin selection, 8% compliance with Canadian laws and 7% ease of use. Those shares became the weights in my scores, which is why the registered platforms sit near the top and why an app with a 4.9 rating can still rank below one with a 4.6: ratings measure how it feels, not whether Canadian regulators oversee it. You can read the full survey results and my testing of 61 exchanges behind the scores.
What Changed For Crypto Apps In Canada In October 2026?
- Newton became a CIRO investment dealer.
- Robinhood closed its WonderFi purchase, and Coinsquare and Bitbuy customers are being moved to the Robinhood app.
- Coinbase launched crypto derivatives for eligible Canadian investors only, not retail clients.
- Wealthsimple updated its crypto fee schedule, with Active Trader tiers down to 0%.
- Kraken republished its fee schedule with Pro entry fees of 0.40% maker and 0.80% taker.
Frequently Asked Questions
What Is The Best Crypto App In Canada?
Coinbase, at 9.9 out of 10 in my ranking, because it is a CSA Restricted Dealer with an easy app and free Interac e-Transfer funding. Kraken is next among apps you can legally use.
Which Crypto App Has The Lowest Fees In Canada?
NDAX publishes the lowest flat fee at 0.20%. Kraken Pro starts at 0.40% maker and 0.80% taker. Spreads are extra at several platforms.
Is Wealthsimple Crypto Safe?
It is a CIRO investment dealer and CSA-authorized. Cash is covered by CIPF but crypto is not. Its partners cite over $75 million in cold storage coverage each.
Which App Is Best For Bitcoin Only?
Bull Bitcoin at 9.4, which sends Bitcoin to your own wallet. Bitcoin Well adds cash and ATM options at 9.0.
Are Offshore Crypto Apps Allowed For Canadians?
Not safely. BloFin, BTCC and MEXC are not CSA-registered, and BloFin's and MEXC's terms list Canada as restricted. I label them offshore.
Do I Pay Tax When I Use A Crypto App?
Buying is not taxable. Selling, swapping or spending is a disposition under CRA rules, and half of a capital gain is included in income.