Best Crypto Brokers in Canada

If you’re looking for a safe and reliable way to trade cryptocurrencies in Canada, then you should be familiar with crypto brokers. 

Crypto brokers are companies that provide their clients with access to cryptocurrency markets. They make it possible for investors to trade the currencies without actually owning them or going through the tedious process of buying from an exchange directly. A good crypto broker can help save time and effort while also providing investors access to opportunities they wouldn’t otherwise have had without it. 

Best Cryptocurrency Brokers in Canada

The best crypto brokers in Canada offer competitive fees, a wide range of tradable assets, professional trading platforms, and reputable customer support.

In this article, we’ve listed the best crypto brokers in Canada.

1. Coinbase

The exchange offers several assets, including Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Bitcoin Cash (BCH), Ethereum Classic (ETC), and 0x (ZRX). Coinbase offers three primary services: an exchange platform for buying cryptocurrencies; a wallet service for storing crypto assets; and a payment platform for merchants who want to accept payments in Bitcoin or other cryptocurrencies.

Funding options: Cryptocurrency, Bank transfer, cards.

Fees: 1% fee on transactions. 

2. Binance

 Binance offers its users a wide variety of cryptocurrencies to trade, including Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and many others. The total number of coins available for trading on Binance is over 300. The company has had a reputation for speed and reliability since its launch in 2017. It has been able to process over 1 million transactions per second during periods of heavy traffic, making it one of the fastest exchanges available today. The company has also invested heavily in security measures to protect users’ funds from being compromised by hackers.

Funding options: Cryptocurrency, Bank transfer, cards.

Fees: 0.1% on trading, varying withdrawal and deposit fees.

3. Coinmama

As one of the oldest and most trusted cryptocurrency broker sites on the market, Coinmama has never had any problems with customer support or fraud protection since its launch in 2013. The site offers quick and easy transactions, which is perfect for those who want to get started with cryptocurrencies quickly.

Funding options: Cryptocurrency, Bank transfer, cards.

Fees: 0.99% to 3.90% as transaction fees. 

4. Netcoins

The company was founded in 2014 and had been operating since then. It was initially designed as a way for people in Canada to purchase Bitcoin, Ethereum, Litecoin, Dash, curve, and sushiSwap. However, it has since expanded its offerings to include over 20 different cryptocurrencies.

Funding options: Crypto deposits, Interac e-Transfers, and bank wire.

Fees: Up to 0.50% trading fee; free withdrawals and deposits.

5. Coinberry

Coinberry is a cryptocurrency exchange that allows you to trade Bitcoin, Ethereum, and Litecoin with Canadian dollars. It offers several features that make it easy to use and convenient for both beginners and advanced cryptocurrency users. It supports 18 coins. 

The first thing you’ll notice about Coinberry is its clean, easy-to-use interface. The site has no complicated graphs or charts; everything is laid out in simple lists that make it easy to find what you’re looking for. 

Funding options: Wire transfer and Interac e-Transfer.

Fees: Trading fees can be up to 2.50%; free withdrawals and deposits.

What does a Cryptocurrency Broker do?

Cryptocurrency brokers are online platforms that allow you to trade cryptocurrencies through them. They are similar to stock brokers in matching buyers and sellers of cryptocurrencies and transferring funds between accounts. 

However, they are not the same as crypto wallets (where you store your coins).

Final Thoughts

We’ve listed the best crypto brokers in Canada. Our criteria for choosing them were simple: low fees, top trading platforms, and trusted customer support. 

Before choosing to invest, it is advisable to watch out for the latest trends in cryptocurrency.