Best Crypto App Canada

9 trading apps to buy cryptocurrency

Crypto apps are gaining popularity in Canada. Nowadays, online crypto trading platforms are accessible and user-friendly to the everyday Canadian. Anybody can start buying or selling their investments with the best crypto app. Many have built a fortune by capitalizing on trends and opportunities in crypto exchanges.

Are you curious about the best crypto exchange and trading platform in Canada? Check out our list of the best crypto apps for Canadians, updated on a regular basis!

Crypto Trading Platform Canada

A crypto app is the best crypto trading platform in Canada.

A crypto app enables investors to buy and sell cryptocurrency via an online trading platform. Each transaction works between two parties, a buyer and a seller. Once they agree on a price, a trade is executed through the crypto exchange under the agreed conditions.

Most crypto apps in Canada will complete the transactions using Canadian currency (CAD). However, some platforms may allow you to trade in American dollars (USD) or other global currencies. Each transaction typically comes with a fee. The best crypto app Canada will have low trading fees, allowing you to maximize your earnings.

Here is a tutorial on how to use a crypto trading app:

  • Create an account First, you have to sign up for an account on the crypto trading platform of your choice. The process is similar to setting up an investment account, requiring personal information and registering crypto trading to your name. Your account must pass verification before you can start using the app.
  • Fund your account After registration, you must add funds to your crypto app account. Typically, that means connecting it to your bank account. Other funding methods include credit cards, chequing accounts, or e-transfers. Each online crypto exchange has a different structure for its deposit fees, some significantly lower than others.
  • Trade cryptocurrency Once there are funds in your account, you can start trading on your crypto app. Buying and selling cryptocurrency is a simple process, but making long-term profits will require commitment. Some coins can soar quickly, while others may experience volatile losses. Monitor the trends regularly to make wise investments.

Best Crypto App in Canada

Every crypto app comes with distinctive features to make the buying and trading experience more efficient. The top cryptocurrency apps share similar characteristics, enabling users to enjoy low fees, analyze market trends, and capitalize on financial opportunities. Among the many options available, you will want to find and use the best crypto app Canada has to offer.

Here are nine best crypto app platforms in Canada:

Crypto App #1: Bitbuy Canada

Bitbuy is the best crypto app Canada.

Bitbuy is a popular Canadian crypto exchange based in Toronto, Ontario. Operating since 2016, Bitbuy is one of the best places to buy and sell crypto in Canada. This platform is well-known for its security, credibility, and low trading fees. Currently, Bitbuy allows you to trade the 15 top cryptocurrencies in Canada, including Bitcoin, Ethereum, Litecoin, and more.

Bitbuy is the first registered marketplace and crypto brokerage in Canada. The company is FINTRAC registered as a Money Services Business. Plus, it is federally approved as a Restricted Dealer. Investors can feel confident in the esteemed reputation, reliability, and credibility of Bitbuy.

The Bitbuy app is packed with many intuitive features to make buying and trading crypto easy for users. Its highlights include:

Top app security

Security is an important feature in the Bitbuy crypto app.

Bitbuy is one of the most secure crypto apps. It has a 95% cold storage policy and Two-Factor Authentication (2FA) applied across all transactions. Additionally, this trading platform has comprehensive insurance on all balances. The Bitbuy app is supported by sophisticated security technologies and solutions.

User-friendly app

The Bitbuy app is packed with many user-friendly features.

The Bitbuy app has a simple, elegant design that appeals to beginners and advanced users. Investors can easily navigate the trading interface & their crypto wallets with clear, intuitive instructions. You can make deposits or withdrawals and proceed with buy or sell transactions with the Bitbuy app.

Crypto App #2: Coinberry Canada

Coinberry is one of the best crypto apps in Canada.

Coinberry is a top crypto exchange platform in Canada, founded in 2017. This company initially started as a Bitcoin ATM service before expanding into a diverse suite of cryptocurrency offerings. Supported by sophisticated security solutions, it is well-known as one of the safest FINTRAC-registered crypto exchanges in the country.

In 2019, Coinberry partnered with the Municipal Government of Canada, including Richmond Hill and Innisfill. This revolutionary partnership marks the first time a Canadian government has endorsed cryptocurrency. Later in 2021, Coinberry made headlines again after receiving regulatory approval from the Ontario Securities Commission (OSC). This momentous validation solidifies the crypto exchange app as one of the top choices in Canada.

The Coinberry app includes many features, including access to dozens of the most popular cryptocurrencies. Below are the top selling points:

Diverse crypto offerings

The Coinberry app contains many different cryptocurrency offerings.

Coinberry offers a diverse selection of cryptocurrencies. Their portfolio includes some of the most famous names in crypto, like Bitcoin, Ethereum, Cardano, Polygon, and Terra. All transactions on the Coinberry app are available using the Canadian dollar (CAD).

Robust security

The Coinberry app is supported by robust security and technology solutions.

The Coinberry app uses secure and sophisticated technology solutions to protect its user base. This company has registered with the FINTRAC (Financial Transactions & Report Analysis Centre of Canada). Also, it adheres to the compliance guidelines of PIPEDA (Personal Information Protection & Electronic Documents Act).

Crypto App #3: Newton Canada

Newton is one of the popular Canadian crypto apps.

Newton is a Canadian crypto exchange founded in 2018. This company operates exclusively in Canada and offers dozens of crypto assets in its expanding portfolio. Newton has amassed over 200,000 users in the first five years since its inception. This crypto exchange is known for its unique fee structure, calculated by the price spread.

The Newton crypto app celebrates many user-friendly features. You might enjoy using the Newton app due to these benefits:

Sleek app interface

The Newton crypto app has a sleek user interface.

The Newton app has a chic, contemporary interface that looks aesthetically pleasant to the eye. Not only is the UX gorgeous, but it is intelligently designed. All essential features are clearly labelled and positioned intuitively to maximize productivity. The app has a responsive layout that runs smoothly regardless of your device’s size.

Varied crypto portfolio

The Newton app comes with a varied portfolio of cryptocurrencies.

Newton is well-known for its comprehensive selection of crypto assets. Its offerings are one of the most varied among Canadian crypto exchanges. You can use the Newton app to trade popular crypto names like Bitcoin (BTC) or Ethereum (ETH). It also offers numerous emerging alt-coins that show promise, such as Aave (AAVE), Ripple (XRP), and Uniswap (UNI).

Crypto App #4: Wealthsimple Canada

Wealthsimple has one of the best crypto trading platforms in Canada.

Wealthsimple is an experienced fintech company in Canada. Founded in 2014, this Toronto-based business initially launched as a robo-advisor. Since then, Wealthsimple has developed a suite of financial investment tools, including a cryptocurrency app. Wealthsimple allows users to invest in Bitcoin, Ethereum, Litecoin, and several other options.

The Wealthsimple app has gained popularity among Canadian investors for its ease of use. Here are the best features of its crypto app:

Beginner-friendly simplicity

It is easy to buy and sell crypto on the Wealthsimple crypto app.

True to its name, Wealthsimple offers an easy, no-hassle app for investing cryptocurrency. Beginners can quickly trade stocks or cryptocurrencies with no account minimums. The verification process is also speedy, allowing new users to start their first trade when they are ready.

Industry experience

Wealthsimple has lots of fintech and crypto experience.

As an established fintech company, Wealthsimple is supported by a team of investment experts. Their advisors are savvy to emerging trends and can provide expert advice on crypto trades. Investors may appreciate relying on Wealthsimple’s financial planning services to capitalize on crypto opportunities.

Crypto App #5: VirgoCX Canada

VirgoCX is one of the best crypto apps for trading.

VirgoCX is a Canadian crypto exchange founded in 2018. The company is based in Toronto, Ontario. The crypto exchange has become popular in Canada due to its low spreads and minimal trading fees. It offers various cryptocurrencies, including popular options like Bitcoin, Ethereum, Litecoin, and EOS.

The VirgoCX app has basic and advanced features to streamline cryptocurrency trading processes. Here are some essentials included in its crypto app:

Quick crypto trading

The VirgoCX app allows you to make crypto trades quickly.

The VirgoCX crypto app makes it easy for investors to fund their accounts quickly. You can add deposits and start trading crypto in a matter of minutes. The app also has a Quick Trade functionality, streamlining the process of each transaction. Best of all, VirgoCX has an automatic verification system with fast processing speeds, perfectly intuitive for new users.

Low fees & costs

The VirgoCX crypto app has low fees and costs.

VirgoCX stands out among Canadian crypto exchanges due to its minimal trading and deposit fees. While there is a slightly higher withdrawal fee, many investors find the low-cost fee structure advantageous. In addition, VirgoCX also offers competitive buy and sell prices for its crypto assets. The decent spreads allow crypto investors to maximize their earnings.

Crypto App #6: NDAX Canada

NDAX has an excellent crypto app Canada.

NDAX is a Canadian crypto exchange launched in 2018. Headquartered in Calgary, NDAX is a steadily growing company that offers a varied selection of the best cryptocurrencies. Its portfolio includes Bitcoin, Ethereum, and EOS. This crypto exchange has an instant ID verification process, allowing new users to begin trading promptly.

The NDAX mobile app is fast, intuitive, and efficient to use. Here are the best features of the NDAX crypto app:

Advanced features

The NDAX app comes with many advanced cryptocurrency features.

The NDAX app comes with advanced features that will appeal to cryptocurrency experts. The app comes with a straightforward interface, packed with complex features that maximize your understanding of the crypto market. Users can explore depth charts, analyze order books, and set recurring buys. In addition, you can set up price alerts to monitor the best opportunities to buy or sell crypto assets.

Easy portfolio management

The NDAX app lets you manage your crypto assets easily.

While the NDAX crypto app comes with many complex features, it is remarkably simple to use. Investors can use the intuitive interface to manage their crypto portfolio effortlessly. The app allows you to track your holdings and monitor the crypto value in your wallet. In addition, you can check market trends, create multiple wallets, and secure your holdings with 2FA solutions.

Crypto App #7: Shakepay Canada

Shakepay is one of the crypto apps Canada.

Shakepay is a top Canadian crypto exchange founded in 2015. Based in Montreal, Quebec, the company specializes in support for Bitcoin and Ethereum trading. Shakepay has quick processing speeds and low transaction fees for buying or selling crypto assets.

Bitcoin and Ethereum investors will find the Shakepay app highly appealing. Its top features include:

Easy app for newbies

The Shakepay app is easy for crypto beginners to use.

The Shakepay app is best for cryptocurrency beginners. It has a speedy verification process that allows new users to sign up and start trading with little hassle involved. The app comes with a simple, organized interface with basic features that newbies will understand easily. The Shakepay support team and community can help you learn the ropes of crypto trading.

Minimal fees

The Shakepay app has minimal crypto trading fees.

Shakepay has no deposit or withdrawal fees when you buy and sell cryptocurrency on their app. Its commission-free service means that you won’t incur the typical costs of other crypto exchanges. Shakepay’s minimal fees make trading Bitcoin and Ethereum on their platform seem lucrative. With its proceeding speeds, you can fund your account within minutes.

Crypto App #8: CoinSmart Canada

Coinsmart is one of the best crypto apps Canada has to offer.

CoinSmart is a top crypto exchange app available in Canada. This Toronto-based business offers 16 different cryptocurrencies for trading. Its exciting portfolio includes Bitcoin, Ethereum, Litecoin, EOS, and more. CoinSmart serves Canada and other countries around the world. It accepts trades in different currencies like Canadian (CAD), American (USD), or Euro (EUR) dollars.

The Coinsmart app aims to make crypto trading as streamlined as possible. Learn more about these Coinsmart app features:

Simple & fast app

It is simple to buy and sell crypto on the Coinsmart app.

The CoinSmart app is an easy-to-use crypto trading platform. Its simple, elegant interface is ideal for beginners and intermediate investors. The app contains many productivity features that aim to make trading crypto assets faster and more accessible. You can create an account, receive verification, access your funds, and complete transactions without a long waiting time.

Customer support

The CoinSmart app comes with 24/7 customer support.

Coinsmart prioritizes making the crypto trading process as smooth and satisfying as possible. That’s why this company provides 24/7 customer support, ensuring your cryptocurrency inquiries are answered promptly. Investors will appreciate the expert advice and guidance from the Coinsmart team, which is always available for assistance.

Crypto App #9: Mogo Canada

Mogo is one of the Canadian crypto apps.

Mogo is an experienced fintech company that operates in Canada. It specializes in eco-friendly financial technologies. Recently, Mogo entered the cryptocurrency industry with a dedicated specialty to Bitcoin trading. New investors will find Mogo’s intuitive crypto app easy to learn, use, and master.

The Mogo app allows investors to buy and sell Bitcoin easily. Here are the primary features of the Mogo app:

Eco-friendly crypto

Mogo is an environmentally friendly Canadian crypto app.

Mogo stands out from the other Canadian crypto exchanges due to its commitment to environmental friendliness. The company is committed to planting a tree for every spending transaction on the Mogo app. The trees will offset the CO2 emissions from its crypto mining processes. Investors will feel reassured knowing that Mogo is dedicated to safeguarding the environment.

Security features

The Mogo app is supported by excellent security technologies.

Mogo prioritizes user security, crucial for mitigating the risks and uncertainties of the cryptocurrency world. Mogo users can set up an identity fraud protection alert. If someone performs an unsolicited credit check under your name, you will be alerted by the Equifax credit bureau. In addition, Mogo investors will also enjoy free credit score monitoring features.

Best Canadian Crypto Exchange App

Bitbuy is the best crypto app Canada.

The best Canadian crypto exchange app is Bitbuy. This app comes with a user-friendly interface, intuitive trading features, and top-notch security solutions. Other recommended crypto apps include Wealthsimple, Newton, VirgoCX, and the various trading platforms mentioned in this list.

Ultimately, everybody will have different criteria for evaluating the best features in a crypto exchange app. Some may be newbies looking for simplicity and ease of use. Others are expert investors who want to dig into advanced analysis features. Either way, you will find the ideal crypto app after a period of trial and error. Have fun experimenting and good luck with your crypto investments!