To buy Bancor Network (BNT) in Canada, use a CSA-registered exchange that lists it, verify your ID, deposit Canadian dollars and buy. On my scorecard that means Coinbase, Kraken and Crypto.com. Coinbase comes first in the table below, and BNT is on its asset list.
BTCC and MEXC also lists BNT but are offshore, so read the labels in the table before you consider them.
- Coinbase, 9.8: CSA-registered, Up to 1.875% on simple buys, plus spread
- Kraken, 9.2: CSA-registered, Kraken Pro 0.40% maker / 0.80% taker; Instant Buy 1%
- BTCC, 7.0: offshore, 0.2% maker / 0.3% taker
- MEXC, 7.0: offshore, 0% maker / 0.05% taker
- Crypto.com: CSA-registered, Not published for Canada
Want to pick up Bancor Network (BNT) in Canada? I’ve got your back. Since jumping into crypto trading in Canada in 2016, I’ve tested 61 exchanges to uncover the best ways for Canadians to buy BNT. With my YouTube channel, OCryptoCanada, I’ve sorted out what works best for us. Whether you’re new to the game or a crypto pro, this guide will steer you toward a savvy, informed choice.
Disclaimer: Our website uses referral links to the crypto exchanges mentioned in the article as a means of monetization. This supports our efforts to provide high-quality, independently researched content for Canadians. Please be assured that our ratings are not influenced by these referral programs and our advice is always in the best interest of our Canadian audience. We appreciate it if you choose to use the in-article links, but the decision is ultimately yours.
Part of my guide to how to buy crypto in Canada.
Why Buy Bancor Network (BNT)?
Bancor Network (BNT) isn’t just another cryptocurrency. It’s the key to a decentralized exchange protocol, offering token swaps and automated liquidity pools. Canadians might be drawn to its trading flexibility, whether you’re in Toronto or the Rockies.
I am not quoting a live BNT price here, since it would be out of date within hours. Check the order screen of your platform for the current CAD price. And a quick heads-up: crypto investments are risky, so weigh the ups and downs before jumping in.
What Is Bancor Network (BNT) And What Is It Used For?
Bancor describes itself as a decentralized network of on-chain automated market makers. Traders swap tokens directly against smart contracts, and liquidity providers deposit tokens into them. The documentation highlights instant, low-cost trading, single-sided liquidity provision (you can supply just one token instead of a pair) and a liquidity protection feature for listed tokens.
I could not find a page on Bancor’s documentation that spells out the exact job of BNT, so I am not going to guess at it here. Read the token section of the official docs before you decide how much weight to give it.
What Risks Come With Bancor Network (BNT)?
Bancor’s documentation itself flags impermanent loss and smart contract risk as concerns. Impermanent loss is the gap between holding two tokens in a pool and simply holding them in your wallet, and it can leave a liquidity provider worse off when prices move.
Single-sided liquidity and loss protection sound reassuring, but they are features of a protocol, not guarantees. Read the terms of any protection before relying on it.
Where Can You Buy Bancor Network (BNT) In Canada?
These are the platforms on my scorecard whose asset lists include BNT, in my fixed order. Wealthsimple Crypto, Bull Bitcoin, Bitcoin Well and Shakepay are left out because I could not confirm a BNT listing on any of them. Bitbuy and Coinsquare are left out because new accounts are being folded into Robinhood.
| Exchange | Canadian Status | Published Fee | CAD Funding | My Rank | |
|---|---|---|---|---|---|
| Coinbase | CSA-registered (Restricted Dealer) | Up to 1.875% on simple buys, plus spread | Free Interac e-Transfer and EFT | #1 | Buy BNT |
| Kraken | CSA-registered (Restricted Dealer) | Kraken Pro 0.40% maker / 0.80% taker; Instant Buy 1% | Free Interac e-Transfer deposits | #3 | Buy BNT |
| BTCC | Offshore, not CSA-registered | 0.2% maker / 0.3% taker | Not verified | #8 | Buy BNT |
| MEXC | Offshore, terms prohibit Canada | 0% maker / 0.05% taker | No CAD funding verified | #9 | Buy BNT |
| Crypto.com | CSA-registered (Restricted Dealer) | Not published for Canada | Not verified | Not ranked | Buy BNT |
Coinbase and Crypto.com publish one global coin list, not a Canadian one. Check the coin in their Canadian app before you fund an account.
How Do The Fees Compare?
Kraken Pro starts at 0.40% maker and 0.80% taker and drops with volume, while Instant Buy costs 1% plus spread; Coinbase is the simplest app but charges up to 1.875% plus spread on a simple buy; Crypto.com’s Canadian fee schedule is not published, so I can’t compare it.
Fees change, so treat the published numbers above as a guide and read the fee preview on the order screen before you confirm.
Coinbase: Best Overall Crypto Exchange In Canada
9.8/10Best for: first-time buyers who want a large, familiar app with Interac funding.
CSA-registered Restricted Dealer in all provinces and territories, with a Canada-specific user agreement. Fiat balances are not covered by CIPF or CDIC.
- Cost On A $500 BuyUp to 1.875% Coinbase fee on a simple buy (varies by payment method), about $9.38 on $500, plus the spread
- CAD FundingInterac e-Transfer and bank EFT are free to add cash; card and PayPal are also offered for buying.
It scores 9.8 out of 10 on my scorecard. I found BNT on Coinbase’s exchange product list. That list is global and Canadian availability on coinbase.com/en-ca is narrower, so search for BNT in the Canadian app before you fund an account.
Kraken: Best For Lower Fees And Deeper Coin Choice
9.2/10Best for: buyers who want a wide coin list and lower fees on Kraken Pro once they are past the first purchase.
CSA-registered Restricted Dealer, operated in Canada by Payward Canada Inc.
- Cost On A $500 BuyKraken Pro taker 0.80% is $4.00 (maker 0.40% is $2.00); Instant Buy 1% is $5.00 plus spread
- CAD FundingInterac e-Transfer is free (minimum CAD 5, up to CAD 10,000 per transaction); a domestic wire is free; a debit card costs CAD 0.25 plus 3.75%.
It scores 9.2 out of 10 on my scorecard. BNT is on Kraken’s asset list, but Kraken’s Canadian restrictions list bars some tickers, so confirm BNT is tradable for a Canadian account. A CAD 30,000 rolling 12-month net purchase limit applies to most clients on every coin except BTC, ETH, LTC and BCH; check your province on Kraken’s page. Interac withdrawals cost CAD 10.
BTCC: Offshore Futures Exchange
7.0/10Best for: experienced futures traders in provinces BTCC says it serves.
Offshore Not registered with the Canadian Securities Administrators, and no Canadian investor protection applies. BTCC’s own guidance lists Ontario and Quebec as restricted jurisdictions, although its Terms of Use page does not name Canada. It suits experienced futures traders who accept that risk.
- Cost On A $500 BuySpot taker 0.3% is $1.50, maker 0.2% is $1.00 (base tier)
- CAD FundingCAD funding could not be verified.
It scores 7.0 out of 10 on my scorecard. BNT is on BTCC’s spot asset list (112 spot assets in total). Custody, insurance and proof of reserves were not confirmed.
MEXC: Sheer Coin Variety, With Caveats
7.0/10Best for: experienced traders who want a very large altcoin list and accept the risk above.
Offshore Not registered with the Canadian Securities Administrators, and its User Agreement lists Canada as a prohibited jurisdiction. No Canadian investor protection applies. It suits experienced traders hunting small-cap coins who accept that they would be using it against its own terms.
- Cost On A $500 BuyMaker 0% is $0, taker 0.05% is $0.25 (base tier)
- CAD FundingNo CAD funding verified.
It scores 7.0 out of 10 on my scorecard. BNT is on MEXC’s spot list (about 1,400 spot assets). There are no CAD deposits and no Canadian recourse.
Crypto.com: Best For The Card And Rewards Ecosystem
Best for: people who want the Crypto.com app and card ecosystem alongside their buying.
CSA-registered Restricted Dealer (Foris DAX CAN ULC), CSA decision of May 8, 2025.
- Cost On A $500 BuyAdvertised as low as 0.08% maker (about $0.40) and 0.18% taker (about $0.90); the Canadian app schedule is not published
- CAD FundingCrypto.com advertises instant, zero-fee deposits by bank transfer, debit or credit card, or crypto wallet. Other fees and spread may apply.
It is not scored on my scorecard. BNT is on the Crypto.com Exchange venue’s spot list. The Canadian app list is narrower and not published, so check inside the app before you rely on it.
How Do I Buy Bancor Network (BNT) In Canada Step By Step?
These steps use Coinbase, the first CSA-registered exchange in the table above. The same flow works on the other registered platforms that list BNT.
- Create a Coinbase Canada account. Sign up with your email, then verify with a government-issued ID and a selfie. Verification can take up to 24 hours, though it is often quicker.
- Add Canadian dollars. Bank EFT and Interac e-Transfer are free to add cash on Coinbase Canada. Cards and PayPal also work for buying, but they usually cost more.
- Search for BNT. Type BNT into the search bar. If it does not show up in the Canadian app, it is not available to your account there, whatever the global list says.
- Buy BNT. Read the fee preview before you confirm. Coinbase’s official Canada disclosure mentions up to 1.875% on a simple buy, depending on payment method, plus the spread.
- Move long-term BNT to your own wallet. Try a small test transfer first, and check the wallet supports the right network.
You can use a credit or debit card if you want to buy BNT as quickly as possible, but cards usually cost more than Interac e-Transfer, and Canadian banks sometimes block them.
Which Wallets Can Hold Bancor Network (BNT), And How Do I Move It There?
Bancor’s documentation does not name a recommended wallet. Check that your chosen wallet lists BNT, and confirm the network, before you move funds.
- Pick the network first. Open the withdrawal screen, choose BNT, and look at which networks it offers. Match the network to the one your wallet supports.
- Copy the receiving address from the wallet. Use the copy button and not retyping, and check the first and last few characters after you paste.
- Add a memo or tag if the withdrawal screen asks for one. Leaving it out is how coins go missing.
- Send a small test amount. Wait for it to arrive, then send the rest. Withdrawal fees apply each time, so the test costs a little.
- Record the transfer. Moving your own coins between your accounts is not a sale, but note the date, amount and fees for your tax records.
How Do I Store Bancor Network (BNT) Safely In Canada?
For short-term trading, keeping BNT on a registered exchange is fine if you have turned on two-factor authentication. But for long-term holding, transfer it to a secure crypto wallet. Exchanges can get hacked. My guide to the best wallets for Canadians covers the options.
Quick tip: a hardware wallet like Ledger or a software one like Trust Wallet keeps your coins in your own hands, but check that the wallet supports BNT on the right network before you send anything. Stash that seed phrase somewhere secure, and never on your phone.
How Do I Sell Bancor Network (BNT) In Canada?
Ready to cash out? Selling BNT is a snap. Move your BNT back to your exchange wallet if it is in a private one. On Coinbase, Kraken and Crypto.com, hit sell and convert to CAD. Then withdraw by e-Transfer or wire. For the slickest cash-out tricks, watch my video for fees and timing tips.
Withdrawal costs differ by platform: Kraken charges CAD 10 for an Interac withdrawal. My guide on how to sell or cash out crypto in Canada has the full steps.
Do I Pay Tax When I Buy Bancor Network (BNT) In Canada?
Buying BNT with Canadian dollars is not itself a taxable event. Selling it, swapping it for another coin or spending it can be. The CRA says that, depending on your activities, you may realize business income (or loss) or a capital gain (or loss), and the two are reported differently. Record the date and CAD value of every buy, sale and swap, including on offshore platforms. See my crypto taxation guide and how to report your crypto taxes.
What Changed For Buying Bancor Network (BNT) In Canada In October 2026?
- Kraken republished its fee schedule, with Pro spot starting at 0.40% maker and 0.80% taker.
- Coinbase launched regulated crypto derivatives for eligible Canadian investors. It is not open to ordinary retail spot accounts.
- Robinhood completed its WonderFi acquisition, and Coinsquare customers are being moved in phases to the Robinhood app.
Frequently Asked Questions
Can You Buy Bancor Network (BNT) In Canada?
Yes, on several platforms. Coinbase, Kraken, BTCC, MEXC and Crypto.com list BNT on their asset lists. Coinbase, Kraken and Crypto.com are CSA-registered. BTCC and MEXC are offshore. Always confirm the coin in the Canadian app before you fund an account.
What Is The Best Place To Buy BNT In Canada?
Start with a CSA-registered exchange. From the registered platforms that list BNT, Coinbase ranks highest on my scorecard at 9.8 out of 10. Compare the fee preview on each before you confirm, because the published fee is only part of the cost.
How Do I Pay For BNT In Canada?
Interac e-Transfer or bank transfer is the cheapest route on the registered platforms that offer it, and several take it free of charge. Cards are quicker but usually cost more, and some Canadian banks block them.
Are The Offshore Exchanges That List BNT Safe For Canadians?
BTCC and MEXC are not registered with the CSA, and their terms restrict some or all Canadian residents (BTCC lists Ontario and Quebec). No Canadian investor protection applies. I list them for completeness, but a registered exchange is the safer route.
What Is The Bancor Network (BNT) Price In CAD?
The price moves constantly, so any number printed here would be stale. Check the live CAD price on the exchange you plan to use, and compare it with the final quote on the order screen, which includes the platform’s fee or spread.
Is Bancor Network (BNT) A Good Investment For Canadians?
BNT’s DeFi swapping has potential, but crypto is volatile. Only risk what you’re okay losing. I don’t make price predictions, and nothing here is financial advice.
Do I Pay Tax When I Sell Or Swap BNT In Canada?
Possibly. Buying BNT with Canadian dollars is not taxable by itself, but selling, swapping or spending it can be. The CRA treats crypto as a commodity, and you may report business income or a capital gain depending on your activity. Keep a record of every transaction.