Newton, a rising star in the cryptocurrency exchange sphere, has been making waves in the Canadian market. With a sleek and intuitive user interface, Newton establishes a strong sense of trust and appreciation among its users for its meticulous attention to detail. Regularly introducing new coins and features, the exchange is rapidly gaining popularity. Mastering the art of creating a seamless user experience in the complex cryptocurrency domain is no easy feat, yet Newton shines brightly in this aspect, especially when it comes to ensuring smooth money transfers. Dive into our comprehensive Newton exchange review to learn more.
Which Crypto Exchanges Are Best in Canada?
| Crypto.com | Finder score 370+ | Supported cryptos 31 | Fiat currency |
| Kraken | Finder score 200+ | Supported cryptos 7 | Fiat currency |
| Paybis | Finder score 80+ | Supported cryptos 60 | Fiat currency |
| Bitbuy | Finder score 50+ | Supported cryptos 1 | Fiat currency |
| VirgoCX | Finder score 70+ | Supported cryptos 2 | Fiat currency |
| Coinbase | Finder score 240+ | Supported cryptos 1 | Fiat currency |
| BTCC | Finder score 300+ | Supported cryptos 1 | Fiat currency |
Newton
Newton, a top crypto exchange in Canada, offers over 70 cryptocurrencies on its user-friendly platform. With no commission fees and competitive spreads, crypto enthusiasts find it irresistible. Enjoy low-cost trading with a wide selection of digital assets on Newton.
- Pros: Extensive selection of cryptocurrencies
- No commission fees
- User-friendly interface
- Cons: Limited features for advanced traders
- May not be suitable for high-frequency trading
Swapzone
Swapzone, Canada’s top crypto exchange aggregator, offers a seamless crypto trading experience. Users can effortlessly compare exchange rates for different crypto pairs, all in one place. With its non-custodial feature and no registration required, Swapzone prioritizes user privacy, simplifying the trading process.
- Non-custodial and registration-free
- Extensive selection of cryptocurrencies
- No account-related fees
- May not suit those preferring traditional exchanges
- Prices may vary slightly due to aggregator mechanics
BTCC
Combining advanced functionality with ease of use, BTCC stands out as a leading cryptocurrency trading platform. The exchange caters to a wide range of users, from beginners to specialists, offering robust security measures, around-the-clock customer support, and a comprehensive educational program through BTCC Academy. By prioritizing user satisfaction, BTCC fosters a welcoming environment for secure and informed trading in multiple cryptocurrencies, making it a top choice for digital asset investors seeking a reliable and user-friendly exchange.
- Futures Trading: BTCC specializes in futures trading, offering two types of crypto futures: USDT-margined (settled in USDT) and Coin-margined futures (settled in cryptocurrencies). Currently, traders can engage in perpetual futures trading for over 60 popular coins, including BTC, ETH, DOGE, XRP, SOL, and numerous others.
- Tokenized Futures: In 2022, BTCC introduced commodity and stock tokenized futures, settled in USDT. This allows users to diversify their portfolios beyond cryptocurrencies, venturing into other financial instruments.
NDAX
NDAX, a top crypto exchange in Canada, emphasizes asset safety. With most funds stored offline and backed by several insurance policies, it ensures security. Registered with FINTRAC, NDAX provides a variety of popular cryptocurrencies for seamless trading.
- Strong asset safety measures
- Multiple insurance policies
- Wide selection of cryptocurrencies
- Cons: Limited range of advanced trading features
- Some users may find the UI less intuitive
Picking Top Crypto Exchanges in Canada: What to Look For?
Choosing the ideal crypto exchange in Canada can be challenging, especially when multiple platforms offer similar perks. From competitive fees to state-of-the-art security, each exchange seems compelling. To navigate this maze and pick the perfect fit for your investment needs, consider these essential factors:
Trading Fees to Consider
When buying and selling crypto, avoid paying unnecessary fees. Examine the commission charged by your crypto exchange, as high trading costs can significantly reduce profits. To maximize your earnings, opt for the best crypto exchanges that provide reasonably low trading fees.
Features an intuitive interface
Navigating the crypto world as a beginner can be daunting, making an intuitive user interface a must-have. Look for a trading platform that’s easy to understand and operate, preventing any confusion on where to click or how to trade. Complexity often arises with more features, but the top platforms strike a balance, staying streamlined for newbies while still catering to advanced traders’ needs. Avoid frustration and make informed decisions with a user-friendly crypto exchange.
Account Financing Options
Looking for convenient ways to fund your account and withdraw profits? Check if your crypto platform offers suitable financing options, including bank transfers, INTERAC e-Transfers, credit cards, and other payment methods. Remember, deposits and withdrawals often incur a fee, so choose wisely to maximize your profits.
Cold storage for account security
To keep your crypto safe and protected, a secure crypto wallet is essential. But before transferring coins from the exchange, ensure it offers top-notch cold storage account security. Cold storage guards your crypto coins with premium safety measures, giving you peace of mind. Remember, choosing a reliable exchange with robust security features is crucial for your digital assets’ safety.
Advanced Features for Crypto Trading
Navigating the crypto landscape demands advanced features for seasoned traders, from charting tools to diverse order types and an OTC desk. Investors seeking the best crypto exchanges in Canada often base their choice on the availability of these features, ensuring their platform provides all the necessary tools for making wise investment decisions.
Check for Operating Licenses
Choosing the best crypto exchanges in Canada demands rigorous consideration. Ensure the platform is fully licensed and operates with legitimacy, guaranteeing your investments’ safety. Look into the asset protection offered; it’s a critical factor in determining the exchange’s reliability.
Consider Customer Service
When seeking answers, top cryptocurrency exchanges provide round-the-clock customer support. With swift responsiveness, they address urgent questions, comments, and concerns. Enjoy seamless assistance anytime, ensuring a smooth trading experience.
Supported Cryptocurrencies List
Looking to invest in crypto? Not all coins are available on every exchange. Before you buy, check if your platform supports the coin you’re interested in. With thousands of options, it’s crucial to choose an exchange that offers the cryptocurrencies you want to invest in.
Which Canadian Crypto Exchange Stands Out as the Best?
Bitbuy, based in Toronto, stands out as the premier cryptocurrency exchange in Canada, maintaining a strong user base of over 400,000 Canadians. Boasting over six billion dollars in trades, this platform has earned the trust of numerous crypto investors. One of its key features is the seamless integration with Canadian bank accounts, allowing users to easily buy and sell crypto using CAD. Furthermore, Bitbuy’s credibility is reinforced by its registration with the Ontario Securities Commission as a crypto asset trading platform.
