Luis Clark
Luis Clark
Luis is a personal finance expert who has been passionate and writing about crypto for more than five years.
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    The 13 Best Crypto App Canada 2022

    Coinberry Logo
    5/5
    4/5

    Best for Altcoins

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    4.5/5

    Best for Advance Traders

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    4/5
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    3.4/5
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    3.5/5
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    Cryptocurrencies are traded on both centralized and decentralized exchanges.

    With over a dozen crypto exchanges in Canada alone, each with their own unique value proposition, and with each having an individualized website and app, finding a platform that is tailored to your specific needs and goals can be a hassle.

    To make things easier, we’ve compiled a list of Canadian crypto exchanges and trading platforms that have the best crypto apps.

    Best Crypto App Canada: Our Opinion

    In our opinion, Coinberry has the best Canadian cryptocurrency app as it checks all the requirements that anybody might need in a crypto app. From security to spreads/fees, customer support, and local restrictions.

    Coinberry - Best Overall

    Coinberry Crypto App

    Coinberry is a Canadian company that provides a platform to trade crypto. The company was founded in 2018 by two entrepreneurs, Adam Guerbuez and Akil Zahid.

    The app aims to make it easier for Canadians to invest in cryptocurrencies, and to provide a safe and secure platform for doing so. The company is registered with FINTRAC, Canada’s financial intelligence unit, and is compliant with Ontario securities commission.

    Coinberry is one of the top crypto exchanges in Canada because it offers a user-friendly platform with a variety of features. The app has a simple interface that makes it easy for users to buy and sell cryptocurrencies. It also offers real-time pricing information and allows users to track their portfolio performance. 

    If you want to know more, read our complete Coinberry Review.

    Key Features

    • Security and regulatory compliance registered with FINTRAC, the Canadian financial intelligence unit.
    • Two-factor authentication,
    • Cold storage, and a host of other measures.
    • CoinberryPay.

    Pros

    Cons

    Bitbuy - Best for Beginners

    Bitbuy Crypto App

    Bitbuy.ca is the first of the many Canadian crypto exchanges allowing users to trade digital assets with Canadian dollars. The company is based in Toronto, Ontario, and was founded in 2013 by Anthony Di Lorio and Michael Perklin.

    Bitbuy.ca is one of the longest-running and most user-friendly bitcoin exchanges in Canada. The company offers a simple and streamlined user interface, as well as low fees and quick transactions.

    Bitbuy is one of the best exchanges in Canada because it offers a streamlined, user-friendly interface that makes it easy for beginners to buy and sell cryptocurrencies.

    Not just that.

    The app also has a built-in wallet that allows users to store their digital assets securely. Bitbuy is one of the only exchanges in Canada that offers fiat-to-crypto trading, which means users can buy cryptocurrencies with Canadian dollars.

    Key Features

    • 2-factor authentication.
    • Cold storage to store crypto assets.
    • Sleek user-friendly interface that makes it easy to buy and sell cryptocurrencies.
    We summarised all the BitBuy App key features, but we also made an in-depth BitBuy Review page that you can check out.

    Pros

    Cons

    Coinsmart - Best for User-friendly Experience

    Coinsmart Crypto App

    CoinSmart Canada is another exchange offering users a user-friendly platform to buy, sell, and trade cryptocurrencies.

    Designed for both beginner and experienced traders and offers a variety of features to help users make informed decisions when trading cryptocurrencies.

    The app allows users to buy, sell, and trade cryptocurrencies, and it also provides real-time price tracking and news updates. Additionally, CoinSmart offers 24/7 customer support, making it a great choice for Canadian crypto enthusiasts.

    Key Features

    • Built-in secure wallet
    • p2p feature to conduct transactions with other CoinSmart users.
    • User-friendly interface and detailed transaction history.
    • The app is also secured by two-factor authentication and a pin code.

    We summarised all the Coinsmart App key features, but we also made an in-depth Coinsmart Review page that you can check out.

    Pros

    Cons

    VirgoCX - Best for Altcoins

    VirgoCX Crypto App

    VirgoCX Canada is a Canadian-based cryptocurrency exchange that offers a user-friendly platform for buying and selling cryptocurrencies.

    The exchange offers a variety of features, including 24/7 customer support, an intuitive user interface, and a wide selection of cryptocurrencies.

    VirgoCX also offers a variety of tools to help users securely store their cryptocurrencies, including 2-factor authentication and a user-friendly wallet.

    Why use VirgoCX in Canada?

    There are a few reasons why VirgoCX is one of the best crypto exchange apps in Canada. Firstly, the app has a very user-friendly interface, making it easy for anyone to use.

    Secondly, VirgoCX offers a wide variety of cryptocurrencies to trade, including Bitcoin, Ethereum, Litecoin, and more. Lastly, the app has strong security features, ensuring that your funds are always safe.

    VirgoCX also employs a number of security measures to protect its users’ funds, including 2-factor authentication, encrypted user data, and regular audits by independent third-party firms.

    Pros

    Cons

    Shakepay - Best for BTC and ETH

    Shakepay Crypto App

    Shakepay is a Canadian startup that allows users to buy and sell cryptocurrencies through its mobile app.

    Founded in 2016 by Jean Amiouny and has raised over $1 million in funding from investors such as Real Ventures, Boost VC, and FundersClub. Shakepay’s mission was to make it easy for people to use cryptocurrencies for everyday transactions.

    To go more in deep about this exchange read our comprehensive Shakepay Review.

    Features of ShakePay

    • Shakepay has a mobile app that allows users to send and receive cryptocurrencies. The app has a built-in security feature that requires users to set up a PIN code to access their account.
    • Shakepay also has a feature that allows users to freeze their accounts if they lose their phone.

    Pros

    Cons

    Binance - Lowest fees for Crypto Trading

    Binance Crypto App

    Binance Canada is a cryptocurrency exchange designed for experienced traders. The platform offers a wide range of features, including margin trading, a variety of order types, and high liquidity. It also supports several digital assets, including Bitcoin, Ethereum, and Litecoin.

    Binance is one of the leading exchanges worldwide. Offers users a wide variety of features and access to trade over 100 different cryptocurrencies, making it one of the most diverse exchanges available.

    In addition, the Binance app offers users very low trading fees (<0.1%), making it a great option for those looking to save money on their transactions.

    Features and Security of Binance

    • User-friendly interface.
    • High liquidity, and cross-platform crypto trading platform.
    • Binance also uses Multi-Signature wallets and cold storage to protect user funds.
    • Low trading fees.

    We summarised all the Binance App key features, but we also made an in-depth Binance Canada Review page that you can check out.

    Pros

    Cons

    Bitvo - Best for Customer Service

    Bitvo Crypto App

    Bitvo is another Canadian cryptocurrency exchange designed for investors looking to buy, sell, and trading cryptocurrencies.

    Founded in 2018 by Hugh Halford-Thompson and his team of experienced technology and financial professionals. The exchange is headquartered in Calgary, Alberta and offers a wallet service for storing cryptocurrencies.

    Bitvo offers a high-quality user experience, reliable customer support, and a wide range of features. The Bitvo app is easy to use and provides a great user experience, thanks to its simple and streamlined design. The customer support team is responsive and helpful, and the app offers a wide range of features, including margin trading, stop-loss orders, and a variety of currency pairs. Bitvo is also one of the few exchanges that offer CAD trading pairs, which makes it convenient for Canadian users.

    Features of Bitvo

    • Uses multiple layers of security, including 2-factor authentication and a host of other measures. 
    • Bitvo is registered with FINTRAC, Canada’s financial intelligence unit, and is compliant with all relevant regulations. 
    • The Bitvo Guarantee for same-day account opening and verification. 

    We summarised all the Bitvo App key features, but we also made an in-depth Bitvo Review page that you can check out.

    Pros

    Cons

    Crypto.com - Best for Variety of Cryptocurrencies

    Crypto.com Crypto App

    Crypto.com Canada is a subsidiary of Crypto.com, a global cryptocurrency company that provides blockchain-based payments and financial services. 

    The company is headquartered in Hong Kong and has a presence in over 30 countries. Crypto.com Canada was launched in 2018 to provide Canadian residents with access to the company’s products and services. The company’s products include a mobile wallet, a cryptocurrency exchange app, and a merchant payment solution.

    The app also has a built-in wallet that allows users to store their cryptocurrencies securely. Additionally, Crypto.com offers a wide variety of features, such as real-time pricing and charting, which makes it an ideal choice for those who are looking for a comprehensive crypto trading experience. 

    Crypto.com also offers fast and reliable customer support, which is important when dealing with cryptocurrencies.

    Features of Crypto.com

    • Fees range from 0.04 percent to 0.4 percent for makers, 0.1 percent to 0.4 percent for takers, and 2.99 percent for credit card purchases.
    • 150+ currencies are available.
    • Wallet: Multi-factor authentication, biometrics, and locally encrypted private keys.
    • Buy, sell, send, receive, withdraw, and exchange are all supported transactions. Maximum Monthly Trading Amount: 500,000 USD in a 30-day rolling withdrawal period.

    We summarised all the Crypto.com App key features, but we also made an in-depth Crypto.com Canada Review page that you can check out.

    Pros

    Cons

    Kucoin - Best for Advance Traders

    Kucoin Crypto App

    Kucoin is a cryptocurrency exchange that allows users to purchase and trade numerous digital currencies. The exchange boasts a user-friendly design, round-the-clock customer service, and a diverse assortment of digital currencies.

    Kucoin also provides its users with the opportunity to earn KCS tokens in return for holding the exchange’s native currency, Kucoin Shares (KCS). Kucoin provides cheap trading costs, similar to Binance.

    KuCoin has one of the best crypto exchange apps in Canada because it offers a great user experience and has a huge selection of altcoins. The KuCoin app user interface makes it easy for beginners, and it also has a huge selection of altcoins. This makes it a great choice for Canadians who want to invest in altcoins. KuCoin also has a great referral program that rewards users for inviting friends to join the app.

    Features and Security of Kucoin

    • Kucoin Shares (KCS), is a token that rewards holders with dividends, as well as a loyalty program that rewards frequent traders.
    • Kucoin also has a state-of-the-art security infrastructure, including 2-factor authentication, a withdrawal lock function, and 24/7 monitoring.
    • Low trading fees.

    Pros

    Cons

    Wealthsimple Crypto - Most Regulated

    Wealthsimple Crypto App

    Wealthsimple Crypto Canada is a platform that allows users to invest in cryptocurrencies. It is a subsidiary of Wealthsimple, a Canadian online investment platform. Wealthsimple Crypto Canada offers users a way to buy and sell cryptocurrencies, as well as track their portfolios and performance. The platform also offers users the ability to buy into initial coin offerings (ICOs).

    Features of Wealthsimple Crypto

    • Portfolio analysis, automatic rebalancing, dividend reinvesting, and tax reporting.
    • Encrypted with the latest security technology to protect user information.
    • Wealthsimple Crypto is a safe and secure way to invest in cryptocurrencies.

    We summarised all the Wealthsimple Crypto App key features, but we also made an in-depth Wealthsimple Crypto Review page that you can check out.

    Pros

    Cons

    Mogo Crypto

    Mogo Crypto App

    Mogo is another Canadian crypto exchange that offers a variety of products and services related to crypto and blockchain. 

    Its mission is to make it easy for people to get into crypto, and they offer a variety of products and services to help people do just that. 

    Some of their products include a crypto wallet, a crypto exchange, and a way to buy crypto with credit cards. They also offer educational resources to help people learn about crypto and blockchain.

    By design, the Mogo Crypto app has a user-friendly interface that makes it easy for beginners to get started. Secondly, Mogo Crypto offers a wide range of features, including real-time pricing, market news, and portfolio tracking. Thirdly, the app is well-regulated and compliant with all Canadian financial regulations. 

    Finally, Mogo Crypto has a large user base (~2 million) and is growing rapidly largely due to its relative reliability and efficient service delivery.

    Pros

    Cons

    MyBTC.ca

    MyBTC.ca Crypto App

    MyBTC.ca is one of Canada’s first crypto exchanges.

    It was founded in 2013 by a group of experienced entrepreneurs and developers who saw the potential of Bitcoin and wanted to provide a safe and easy way for Canadians to buy and sell bitcoins. MyBTC.ca is registered with FinTRAC, Canada’s financial intelligence unit, and is fully compliant with all Canadian laws and regulations. It offers a simple, user-friendly interface, low transaction fees, and 24/7 customer support.

    The app has a user-friendly design that makes it easy to buy and sell cryptocurrencies. Second, the app offers a wide range of supported currencies, including Bitcoin, Ethereum, Litecoin, and Ripple. Third, the app has low transaction fees, which makes it a cost-effective way to buy and sell cryptocurrencies.

    Features and Security of MyBTC.ca

    • Two-factor authentication, a PIN code, and a 24/7 customer support team.
    • MyBTC.ca also offers a variety of safety features to protect users’ funds, including cold storage and multi-signature wallets.

    Pros

    Cons

    CEX.IO

    CEX.IO Crypto App

    CEX.IO Canada is a Bitcoin exchange that allows users to buy and sell Bitcoins and Litecoins. It was founded in 2013 by Ukrainian entrepreneurs George Hassel and Oleksandr Lutskevych. The company is registered in the United Kingdom and is headquartered in London.

    Features of CEX.IO

    • The main feature of CEX.IO is its reliability.
    • The exchanges app has been operational for several years and has a good reputation. While it has a good reputation, the fact that it is CEX.IO is a centralized exchange may put off some crypto enthusiasts.

    Pros

    Cons

    What Is a Crypto App?

    Crypto App

    A crypto app is a platform that allows you to transact cryptocurrencies. These apps are typically on mobile (Android & iOS) and have a user interface that makes them easy to use.

    They often have features that allow you to track your cryptocurrency portfolio and make transactions.

    How Can You Choose the Right Canadian Crypto Exchanges/App?

    Not every app can benefit everyone. Be sure that the platform and all of its features are available in your area before you create an account. Binance, for example, has several apps for different countries and nationalities.

    The Canadian version can be accessed by most Canadians, but you cannot connect to a Canadian bank account. The Binance app is also not available to residents of Ontario.

    Spreads and Fees

    If you’re not careful, fees will eat away at your profits. Before you sign up for the exchange, find out if there are any deposit or withdrawal fees. Then consider trading fees and how they are calculated. Some exchanges charge a flat fee regardless of trade size, while others charge a percentage. Some websites claim to offer free trading, but this is not the case. The fee will be incorporated into the spread, which is the difference between the sell and buy prices.

    Customer Reviews

    Customer reviews will assist you in distinguishing between reputable and less reputable exchanges. They’ll also uncover flaws and benefits that aren’t obvious on the website. You are more likely to have a positive experience with a platform that has a high number of positive customer reviews.

    Reviews also indicate which platforms are trusted by other cryptocurrency traders and which are not.

    Availability of Crypto Assets

    Ensure the platform offers them before signing up. Not all exchanges offer the same range of coins. Check to see if the funding options are suitable for you. Few exchanges accept credit or debit card payments. If they do, check to see if your credit card company or bank accepts cryptocurrency transactions. Some exchanges allow you to directly connect your bank account for easier funding, while others only accept eTransfers or bank wires.

    You can fund your account with cash through Canada Post at some exchanges. Choose an exchange that supports your preferred method of funding. The same is true if you want to convert your profits into fiat currency and transfer them back to your bank. Check to see if the exchange provides flexible withdrawal methods and if there are any deposit or withdrawal limits.

    Storage On the Crypto Exchange

    If you want to store your cryptocurrency in your own private wallet, first check to see if the exchange allows you to transfer coins off-platform.

    Some platforms allow you to transfer all coins purchased on the platform, while others only allow you to transfer specific coins, and still, others do not allow you to transfer any of your coins off the platform at all.

    Custodial exchanges are those that do not allow you to store your own cryptocurrency. Non-custodial platforms are exchanges that require you to store your own cryptocurrency or give you the option of storing it on or off the platform.

    Many Canadian exchanges give you the option of having your holdings stored in their custody or having your holdings stored in your own private wallet.

    Security

    Look at how the crypto trading platform secures user information and your cryptocurrency to reduce risk. To open an account with a regulated exchange, you must provide a certain amount of information. They will also require financial information in order for you to fund your account and make withdrawals.

    Look for exchanges that are open and honest with users about how their data is stored and protected. If you intend to keep your coins on the platform, find out how the exchange safeguards assets in its custody.

    Lastly you need to be happy to how they answer to the following questions: Do they use onsite or offsite cold storage? Do they have a digital asset insurance policy in place? What security precautions do they take to protect their network and user accounts?

    Is There a Difference Between Crypto App and Crypto Exchanges?

    Crypto exchanges are platforms where people can buy, sell, or trade cryptocurrencies. Crypto apps, on the other hand, are applications that allow people to use cryptocurrencies for various purposes. There is a difference between crypto exchanges and apps because exchanges are platforms where people can buy, sell, or trade cryptocurrencies, while apps are programs that allow people to use cryptocurrencies for various purposes.

    Several exchanges only allow for certain things to be done in their app. This makes the process faster and more convenient for customers, while also encouraging people to come back to use the services of the exchange.

    Final Thoughts

    In conclusion, there are a number of great crypto apps available in Canada and it’s not easy to determine which one is the best Canadian crypto exchange. Whether you are looking to buy, sell, or trade cryptocurrencies, there is an app for you.

    Be sure to do your research before choosing an app, as each one has its own unique features and benefits. And remember, always use caution when dealing with cryptocurrencies, as they are still relatively new and can be volatile.

    For more information on how crypto are approached in Canada visit our relate Canada & Crypto page.

    FAQ

    Most frequent questions and answers

    There is no definitive answer when it comes to the best trading app for crypto. This is because the needs of each trader vary, and different apps offer different features. Some traders may prefer a desktop app, while others may find a mobile app more convenient. Some apps offer more features than others, and some are more user-friendly. It is important to do your research before deciding on an app and to try out several different ones to find the one that best suits your needs.

    Our top recommendation for Canadians is the Coinberry app, which checks all the boxes when it comes to a crypto app, from security to spreads and costs to customer service. This is not the best option for Canadian crypto investors who are searching for something more decentralized and accessible to additional currencies, though. Kucoin, on the other hand, is a more suitable choice.

    When choosing a crypto trading app, there are many things to take into account. The most important factor is the security of the app. Make sure that the app has a good reputation and is well-reviewed.

    The app should also be easy to use and have a user-friendly interface. It’s also important to consider the features of the app. Look for an app that offers a variety of trading options, such as buying and selling, Limit orders, and stop-losses.

      We always try to provide the most accurate information available, and make sure our team follow through.
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      Skrumble.com provides all its content for informational purposes only, and this should not be taken as financial advice to buy, trade or sell cryptocurrency or use any specific exchange. Please do not use this website as investment advice, financial advice or legal advice, and each individual’s needs may vary from that of the author. This post includes affiliate links with our partners who may compensate us. 

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