Bitcoin (BTC) exchanges in Canada: buy, sell & swap
Bitcoin (BTC) key market data:
- type: Cryptocurrency
- consensus: PoW
- market cap: $1,160,982,336,937
- market rank: #1
- supply total: 21,000,000
- supply available: 19,742,178
- mineable
- BTC/USD: $58802.0 | BTC/CAD: 80641.06
Bitcoin is a Cryptocurrency, the network powered by PoW (consensus mechanism based on mining) algorithm. The original software was developed by Satoshi Nakamoto and first released January 3rd, 2009. The official Bitcoin website is https://bitcoin.org.
As of today, October 5th, 2024, out of totally available 21,000,000 BTC, 19,742,178 are in circulation. It's possible to mine bitcoins. The total market capitalization of bitcoin is $1,160,982,336,937, the rank among other cryptocurrencies (based on the capitalization) is #1. The current rate of 1 BTC is $58802.0 USD; converting to the national currency of Canada, the rate is 80641.06 CAD for 1 BTC.
Bitcoin is the first decentralized digital currency and a pioneer in P2P payments, the first application of the Blockchain technology, the "great grandfather" of all cryptocurrencies. After the creator stepped out from the project development, further work was realized by the community: enthusiastic software architects, experts in cryptography and distributed computing systems (Gavin Andersen and others).
Mainstream bitcoins adoption started in 2011 and further, after a significant price increase and noticeable growth in the number of users. Since then the system has been rapidly gaining popularity, the architecture and the technical characteristics (network stability and the security, transaction processing capacity, the processing fees, etc) are constantly improved, new technologies are introduced.
- The pre-release of Bitcoin client contained the IRC (instant messenger) client and a framework in order to create a Poker game and a P2P Marketplace.
- Satoshi Nakamoto, the Bitcoin creator, owns 1 million BTC that were mined during the early days of the bitcoins. Besides few test transactions in 2009, these still remain untouched, making Satoshi Nakamoto among the top 100 richest persons of the world.
- The first recorded purchase using Bitcoin was two Papa John’s Pizzas bought by a programmer Laszlo Hanyecz for 10,000 BTC.
- It's still unknown who actually invented bitcoins. Few candidates were discovered by the researchers and there are several claims from potential candidates.
- There are also various opinions regarding what should be called the "true Bitcoin"; some supporters of Bitcoin Cash and Bitcoin SV argue about the nowadays BTC compliance with the original principles of the Bitcoin.
Top Bitcoin exchanges
Bitcoin is currently supported by 100% of exchanges (10 of 10) currently having active orders at ExchangeRates.Pro: 3 Exchange Brokers, 5 Trading Platforms, 1 eWallets, and 1 P2P Marketplaces have offers, allowing you to buy and sell BTC. Let's check and compare which of these exchanges will suit you the best, dear visitor!
Our choice: the best exchange for Bitcoin in Canada
There are some worthy and undoubtedly good, trusted exchanges among the ones with BTC support. One of them, Coinbase e-wallet, is really special! Our visitors and the ranking algorithms came to this conclusion while comparing and reviewing the websites and apps exchanging Bitcoin. The service is extraordinarily fine, very few of the rest 332 exchanges and 4 e-wallet sites we compare could receive such kind words in the testimonials and so impressive numbers in the results. It's so good that we feel obliged to share our experience with you, dear guest! Let's mention the key fact and describe the most important features making Coinbase an ideal e-wallet for purchasing and cashing-out BTC in Canada:
COINBASE is a e-wallet; Coinbase, Inc. (dba Coinbase) had started the project back in June 2012. The company is incorporated in the United States and headquartered in San Francisco. The official street address of Coinbase is 548 Market St #23008 San Francisco, CA 94104. The operational entity is a registered, regulated and licensed financial company. License granted by the FinCEN, the Firm is holding the Money Transmission license. FINCEN registration number 31000159729658. This is a highly trusted, undoubtedly a reputable, a long-standing, settled service. e-wallet works with 21 cryptocurrencies and tokens: AAVE, BCHABC, BTC, DAI, DOGE, EOS, ETC, ETH, FIL, ICP, LINK, LTC, MATIC, SKL, SUSHI, UNI, USDC, WBTC, XLM, ZEC, ZRX.
The customers are welcome to buy and sell coins and tokens with 6 national aka fiat currencies: AUD, CAD, EUR, GBP, SGD, USD. Totally 8 payment systems and banks are at your's disposal. Apart from the currencies conversion operations, coinbase.com is offering some other services, that could be interesting for crypto-users, like ATM Cards, Merchant Services, Staking, MasterNodes, etc. (passive income opportunity). Do you like gifts? Coinbase likes it too and they prefer giving, rather than getting! Impressive, right? The features that our users enjoy the most out of this wonderful platform:
- It is an officially registered Money Service Business. The firm applied for and received all the required licenses, it's watched over by the regulators and is fully compliant with the laws
- The website has being online and operational for years; it started up 12 years and 4 months ago
- The platform allows deposits/withdrawals in 21 cryptocurrencies and 6 national ones. In total, you may choose from 8 online banks and payment systems. Crypto- and tokens- exchanging aside, some other services are rendered: ATM Cards, Merchant Services and Staking, MasterNodes, etc. (passive income opportunity)
- The buying and selling limits are high. Yet if you need to convert a super small amount, it's also not a problem: $2.00 up to $5,000 USD. The exact figure is a subject to the payment system choice; how do you like to pay or getting paid
- Platform gives away crypto and fiat money to users for free when specific conditions are met!
- The feedback from the clientele is good, 100%, 25 out of 25 are very happy and pleased with their experience at Coinbase. As per the details we got from the real clients:
- The speed of the payments processing is lightning fast, instant
- The process of customer identification can't be called very fast
Coinbase currently provides 2 ways of purchase and sale Bitcoins in Canada with the national currencies and the most exciting news are that the payments in Canadian Dollars are possible:
- Paypal, a payment system of e-wallet type. Currently can use only while selling.
- Visa & Mastercard, a payment system of credit/debit cards type. This time, only for purchasing.
People love this e-wallet; our ranking algorithms also came up with a high score. Hence we award Coinbase with a special status: the best e-wallet worldwide! A magnificent outcome and it's fairly earned; it says a lot bearing in mind that we rate and compare 333 exchange websites and apps! The outline is that coinbase.com is truly remarkable service with reference to safety, reliability, reputation, etc., all over... We are confident, you won't have any regrets choosing this one!
Time to make a conclusion. Our platform of choice to exchange Bitcoin is
Coinbase, an absolutely secure, highly trusted e-wallet, rated 100/100. Such scoring result is a great achievement indeed, only a few competing websites could get such a big rating! Let's break down why the coinbase.com exchange managed to get such rating and what does this mean:Top three BTC exchanges to buy/sell in Canada
Although all the exchanges supported by ExchangeRates.Pro are well-known, reliable, and trustworthy (all were thoroughly checked by our staff before listing), we've selected the best of the best for you. Exchanges that were top-rated by various sources, some are providing really outstanding service you'd love and remember. We (staff and the software) selected some of the most trusted platforms for our comparison and this top list, based on customers' feedback, time in the business, reputation, our own and independent reviews and other factors. Please note that we include only the "buy and sell" exchanges here, where you can swap btc with fiat (national) currencies. Here are the top three exchanges to buy and sell bitcoins in Canada:
-
Coinbase
an
e-wallet
established June, 2012.
Transparent and legally compliant business with all the required business licenses and permissions.
Clients are required to pass through the verification process to use the service.
Great news! Coinbase supports your local currency
Canadian Dollar;
feel free to use any of these 2 banks and payment systems to
buy and sell Bitcoin domestically:
- Paypal (e-wallet). Though just withdrawals are currently possible.
- Visa & Mastercard (credit/debit cards). Only for coin purchases.
-
Kraken
a
Trading Platform
established July, 2011.
Transparent and legally compliant business with all the required business licenses and permissions.
Clients are required to pass through the verification process to use the service.
Great news! Kraken supports your local currency
Canadian Dollar;
feel free to use any of these 4 banks and payment systems to
buy and sell Bitcoin domestically:
- Any Local Bank (local banks). Can use for the purchasing and withdrawals likewise. The method of payment works for absolutely any domestic bank in Canada!
- Cash at Post Office (cash payments). Only for coin purchases.
- Etana. Can use for the purchasing and withdrawals likewise.
- SWIFT Transfer (international bank transfers). Can use for the purchasing and withdrawals likewise.
-
Changelly
a
Broker
established December, 2013.
Great news! Changelly supports your local currency
Canadian Dollar;
feel free to use any of these 1 banks and payment systems to
buy and sell Bitcoin domestically:
- Visa & Mastercard (credit/debit cards). Only for coin purchases.
The rest of safe, fast, easy to use BTC exchanges worldwide
Besides the abovelisted great exchanges, serving Canada and allowing domestic payments in Canadian Dollar among other countries and currencies, there are also very good international ones among the websites exchanging bitcoins. Hence if you need CAD|BTC exchange, please use the top list above. In case you are looking for other ways to purchase or cash-out Bitcoin using USD, etc. or swap it with various coins and tokens, feel free to check this selection of top six highest-ranked BTC exchanges from all around the world:
-
CEX
a
Trading Platform
started business July, 2014.
A reputable company holding all the government permissions for doing business; is licensed, etc.
There are 5 payment systems to
buy and sell Bitcoin with
USD.
Apart from that,
feel free to swap BTC to/from
8+ coins and tokens.
KYC (identification process) is necessary to become a client of this service provider.
|
27 testimonials,
100% gave maximal rank
-
EXMO
a
Trading Platform
started business May, 2013.
A reputable company holding all the government permissions for doing business; is licensed, etc.
There are 4 payment systems to
buy and sell Bitcoin with
USD.
Apart from that,
feel free to swap BTC to/from
21+ coins and tokens.
|
20 testimonials,
95% gave maximal rank
-
AlfaCashier
a
Broker
started business May, 2012.
Unfortunately no fiat payments for your currencies this time, but
feel free to swap BTC to/from
16+ coins and tokens.
|
2 testimonials,
100% gave maximal rank
-
Bitpapa
a
P2P Marketplace
started business May, 2020.
-
CoinFalcon
a
Trading Platform
started business October, 2017.
Unfortunately no fiat payments for your currencies this time, but
feel free to swap BTC to/from
8+ coins and tokens.
KYC (identification process) is necessary to become a client of this service provider.
|
2 testimonials,
100% gave maximal rank
Gift available! -
changeNOW
a
Broker
started business September, 2017.
Unfortunately no fiat payments for your currencies this time, but
feel free to swap BTC to/from
42+ coins and tokens.
By the way, exchanges that accept CA, but don't allow fiat payments there are also in this list. So, if you want to pay using a payment method from abroad (say, you are originally from another country and want to buy or sell bitcoin using the bank account or local payment system from there) or if you are looking for an exchange for someone else, this list will work great for you! Of course, we can't know what is that country you are looking for, but we have two options for you, both good. You are welcome to either
- find the best ones yourself from all offers available at our comparison @ ExchangeRates.Pro. For example, if you are looking for an exchange for United States assuming that you have a local bank account there, an address confirmation, etc: compare rates to buy and sell Bitcoin in United States
- ...or just explore the great websites listed above to find out which one you prefer!
Where to buy BTC
Are you looking for the best place to buy bitcoins? Of course, you are! Our price comparison of exchanges is here to help, although the easiest way is to check the best offers right away @ ExchangeRates.Pro, feel free to compare yourself. Let us show you what banks and payment systems you can use to buy and sell BTC, based on your location and preferences.
Where can you buy BTC in Canada
At this moment, there are 43 offers to buy Bitcoin in Canada. Our software is collecting the statistics about the popularity of specific local banks and payment systems. Usually, the top ones that are the most popular are also very convenient. Otherwise, why would these become so popular? You can choose any of these right away, please be our guest:
- Other Banks in CAD: payments by Local Banks. Please note that actually this includes few payment systems. Offered 1 times
- Interac e-transfer in CAD: payments by Local Banks. Offered 1 times
- Any Local Bank in CAD: payments by Local Banks. This one is a universal offer, that will work for any bank. Offered 1 times
- Visa & Mastercard in CAD, although can be used in any currency: payments by Credit/Debit Cards. A global payment system, available worldwide. Offered 3 times
- Skrill in CAD: payments by e-wallet. A global payment system, available worldwide. Offered 1 times
- NETELLER in CAD: payments by e-wallet. Can be also paid from some other countries. Offered 1 times
- Paypal in CAD, although can be used in any currency: payments by e-wallet. Can be also paid from some other countries. Offered 1 times
- Other Prepaid Cards in CAD, although can be used in any currency: payments by Prepaid Cards. A global payment system, available worldwide. Please note that actually this includes few payment systems. Offered 6 times
- Neosurf in CAD: payments by Prepaid Cards. Can be also paid from some other countries. Offered 2 times
- Flexepin in CAD: payments by Prepaid Cards. Can be also paid from some other countries. Offered 1 times
Easiest, safest, fastest ways to buy btc worldwide
We've compared a lot of offers to find the top ones; right now we have 140 ways for you to purchase bitcoin available worldwide. Enough to choose from, right? Please keep in mind that not all of these may be possible to pay with Canadian Dollar, the ones that will surely be good for the domestic currency are a little bit above. The top popular ways to purchase BTC crypto:
- TD Bank in USD from Canada and United States: you are supposed to pay by the Local Banks. Suggested in 3 offers
- Other Banks in USD you are supposed to pay by the Local Banks. Several options are included here. Suggested in 1 offers
- Scotiabank in USD from 11 countries: you are supposed to pay by the Local Banks. Suggested in 1 offers
- Visa & Mastercard in USD Actually it's a multi-currency option, you are supposed to pay by the Credit/Debit Cards. This way to send fiat money will work worldwide. Canada, United States, etc. are covered. Suggested in 3 offers
- American Express in USD you are supposed to pay by the Credit/Debit Cards. This way to send fiat money will work worldwide. Canada, United States, etc. are covered. Suggested in 1 offers
- Discover in USD Actually it's a multi-currency option, you are supposed to pay by the Credit/Debit Cards. This way to send fiat money will work worldwide. Canada, United States, etc. are covered. Suggested in 1 offers
- Paypal in USD from 232 countries. Actually it's a multi-currency option, you are supposed to pay by the e-wallet. A multi-country payment system. Suggested in 5 offers
- Skrill in USD you are supposed to pay by the e-wallet. This way to send fiat money will work worldwide. Canada, United States, etc. are covered. Suggested in 3 offers
- Other Prepaid Cards in USD Actually it's a multi-currency option, you are supposed to pay by the Prepaid Cards. This way to send fiat money will work worldwide. Canada, United States, etc. are covered. Several options are included here. Suggested in 8 offers
- Neosurf in USD from 54 countries: you are supposed to pay by the Prepaid Cards. A multi-country payment system. Suggested in 2 offers
Where to sell BTC
Even the greatest BTC HODL GANG members sometimes have to sell some of their precious coins. It's alright, everyone does it sometimes and we are here to help! We know you want to find the buyer which will give you the highest price, there are such ones at our platform — check ExchangeRates.Pro now to find the highest rate to sell bitcoins to Canadian Dollar and 152 more local currencies! There are various opportunities to swap your coins to hard cash, we list the most requested ones below.
Where can you sell BTC in Canada
There are currently 22 opportunities to cash out your bitcoin coins in CA. You'd likely need to out-exchange the crypto to pay for some local expenses, shopping, etc. It's reasonable to choose the safest and most comfortable option — a local bank you are using, your preferred payment system or cash in your city. Here is our top list of the ways other people in Canada prefer to exchange bitcoin to fiat:
- Interac e-transfer in CAD: you will receive money using the Local Banks. Proposed by 6 buyers
- Other Banks in CAD: you will receive money using the Local Banks. Various offers are combined in this one. Proposed by 3 buyers
- Any Local Bank in CAD: you will receive money using the Local Banks. Please be aware that this will work for any local bank account! Proposed by 3 buyers
- Bank of Montreal in CAD: you will receive money using the Local Banks. Proposed by 1 buyers
- RBC Bank in CAD: you will receive money using the Local Banks. Proposed by 1 buyers
- TD Bank in CAD: you will receive money using the Local Banks. Proposed by 1 buyers
- Scotiabank in CAD: you will receive money using the Local Banks. Proposed by 1 buyers
- CIBC in CAD: you will receive money using the Local Banks. Proposed by 1 buyers
- Paypal in CAD, works with several currencies: you will receive money using the e-wallet. Besides, you can transfer money to other countries. Be careful with such payments at the P2P marketplaces! This type of transfer can be reversed! Proposed by 1 buyers
- Cash in Person in CAD, works with several currencies: you will receive money using the Cash Payments. Can also send money to any other location. Proposed by 3 buyers
Easiest, safest, fastest ways to sell BTC worldwide
Sometimes you may need to transfer the money to another country. If you are holding BTC, it makes sense to exchange some of these coins to the currency of that country. We can't know where exactly you would like to send the funds, so we will show you the most requested banks and payment systems worldwide you can send the transfer to. There are totally 39 options to out-exchange the btc to fiat; the most frequently used banks, money transfer operators and global payment systems are:
- Visa & Mastercard in USD, can be also used with any of other currencies; to any country in the world including Canada, United States: the funds will be sent by the Credit/Debit Cards. You can transfer money wherever you need! Caution: there are higher risks related to accepting such payments at P2P marketplaces! Buyer may be able to reverse the payment after you send BTC! Suggested in 1 deals
- Skrill in USD to any country in the world including Canada, United States: the funds will be sent by the e-wallet. You can transfer money wherever you need! Suggested in 2 deals
- Paypal in USD, can be also used with any of other currencies; to 232 countries: the funds will be sent by the e-wallet. Caution: there are higher risks related to accepting such payments at P2P marketplaces! Buyer may be able to reverse the payment after you send BTC! Suggested in 1 deals
- AirTM in USD, can be also used with any of other currencies; to any country in the world including Canada, United States: the funds will be sent by the Mobile Payments. You can transfer money wherever you need! Suggested in 1 deals
- Paysera in USD to any country in the world including Canada, United States: the funds will be sent by the Mobile Payments. You can transfer money wherever you need! Suggested in 1 deals
- Nintendo eShop Gift Cards in USD to any country in the world including Canada, United States: the funds will be sent by the Gift Cards. You can transfer money wherever you need! Suggested in 1 deals
- iTunes Gift Cards in USD, can be also used with any of other currencies; to any country in the world including Canada, United States: the funds will be sent by the Gift Cards. You can transfer money wherever you need! Suggested in 1 deals
- Apple Store Gift Cards in USD to 18 countries: the funds will be sent by the Gift Cards. Suggested in 1 deals
- Xbox Gift Cards in USD, can be also used with any of other currencies; to any country in the world including Canada, United States: the funds will be sent by the Gift Cards. You can transfer money wherever you need! Suggested in 1 deals
- Western Union in USD, can be also used with any of other currencies; to any country in the world including Canada, United States: the funds will be sent by the Money Orders. You can transfer money wherever you need! Suggested in 2 deals
Where to swap BTC
Did you know that it's possible to exchange BTC to 50 other cryptocurrencies? It's possible to convert Bitcoin to/from 100% of crypto coins supported @ ExchangeRates.Pro. Some of these are really great ones (we don't list useless coins and tokens at our website), that's why we've prepared a list of exchange opportunities available. There are totally 418 swap possibilities with BTC and other coins and tokens. Coin to coin exchanges are safe, easy and beneficial when you are using our service, don't worry! Feel free to get all the best rates to swap BTC with other cryptos @ ExchangeRates.Pro right away or refer to the list of most highly demanded exchange directions first:
- Tether (USDT): that's a popular Stablecoin. There are 23 proposals (12 allow to convert from BTC to USDT and 11 that are converting in opposite direction.
- Ether (ETH): that's a popular Cryptocurrency. There are 21 proposals (11 allow to convert from BTC to ETH and 10 that are converting in opposite direction.
- Ripple (XRP): that's a popular Cryptocurrency. There are 16 proposals (8 allow to convert from BTC to XRP and 8 that are converting in opposite direction.
- Litecoin (LTC): that's a popular Cryptocurrency. There are 16 proposals (8 allow to convert from BTC to LTC and 8 that are converting in opposite direction.
- TRON (TRX): that's a popular Cryptocurrency. There are 14 proposals (7 allow to convert from BTC to TRX and 7 that are converting in opposite direction.
- Dogecoin (DOGE): that's a popular Cryptocurrency. There are 14 proposals (7 allow to convert from BTC to DOGE and 7 that are converting in opposite direction.
- Bitcoin Cash (BCH): that's a popular Cryptocurrency. There are 14 proposals (7 allow to convert from BCH to BTC and 7 that are converting in opposite direction.
- Cardano (ADA): that's a popular Cryptocurrency. There are 13 proposals (7 allow to convert from ADA to BTC and 6 that are converting in opposite direction.
- USD Coin (USDC): that's a popular Stablecoin. There are 12 proposals (6 allow to convert from BTC to USDC and 6 that are converting in opposite direction.
- Wrapped Bitcoin (WBTC): that's a popular Token. There are 12 proposals (6 allow to convert from BTC to WBTC and 6 that are converting in opposite direction.
