Below you will see that our comparison table of one of the best crypto platforms. To see all the info within the table, move the columns right or left along with your fingers or mouse. You can filter or reorder the rankings by utilizing the search tool or by clicking on column headers. You can even download the info to your device in Excel, CSV and PDF formats.
Comparison table of one of the best crypto platforms and apps in Canada 2024
Best Crypto Platforms and Apps in Canada Table of Contents
Best crypto platform overall
Gold — Coinbase
Coinbase is considered one of the world’s largest crypto exchanges. It is a well-funded, well-established, publicly traded company and was recently registered with the Canadian Securities Administrators (CSA) to do business here. Coinbase’s user-friendly features, choice of educational articles, customer support options, wide coin selection, and smooth user experience make it an incredible alternative for beginners and advanced investors alike. (Read the professionals and cons for Coinbase.)
Silver – Octopus
Kraken ranks just behind Coinbase for Canadian crypto investors, scoring highly on our list when it comes to features, fees, and ease of use for each beginners and advanced traders. Plus, the corporate is working on getting registered with the CSA. While it just isn’t a publicly traded company, Kraken has a protracted history—not less than in crypto years—having been in operation since 2011. For fee-conscious investors, Kraken might be the right alternative, with fees starting from 0% to 0.4%. Customer service options are limited to talk and email. (Read the professionals and cons for octopus.)
Best Crypto Platform for User Experience
Gold — NDAX
This Canadian company’s sleek and easy-to-navigate website, in addition to its highly rated iOS and Android mobile apps, make it a winner when it comes to ease of use. NDAX beats Wealthsimple on this category because while each have excellent, user-friendly investment platforms, NDAX is more suited to advanced Canadian traders. And while this has nothing to do with ease of use, NDAX’s low 0.2% trading fee doesn’t hurt. (Read the professionals and cons for NDAX.)
Silver – Wealthsimple
Wealthsimple, one other leading crypto provider from Canada, makes investing – in every little thing from stocks to cryptocurrencies – beginner-friendly. The company has taken its experience constructing solid products in the normal investment space and applied it to cryptocurrencies. However, in case you’re an energetic trader, Wealthsimple will not be one of the best alternative. But in case you’re a beginner or a long-term crypto investor who buys and holds, it’s an incredible alternative. (More on that below.)
Best Crypto Platform for Beginners
Gold — Wealthsimple
If you’re recent to crypto investing, Wealthsimple is a superb platform for these reasons: its smooth and user-friendly interface, good customer support, CSA registration, integrated tax filing, and – for individuals who want it – access to traditional investment options reminiscent of stocks and exchange-traded funds (ETFs) and a robo-advisor service. (Read the professionals and cons for Asset management.)
Silver — NDAX
NDAX’s user-friendly website and highly rated iOS and Android mobile apps are very beginner-friendly. Additionally, trading fees are among the many lowest in the marketplace at just 0.2%. NDAX also scores well on customer support – one other vital aspect for beginners – with live phone and chat support available.
