In recent years, investing in Bitcoin has become increasingly accessible to Canadians, thanks to a growing number of user-friendly crypto apps. Whether you're a beginner or an experienced trader, choosing the right platform can make a big difference in fees, security, and overall experience. This guide explores the top crypto apps in Canada for buying Bitcoin in 2025, highlighting key features, fees, promotions, and what sets each apart.
What Is Bitcoin?
Bitcoin is the world’s first and most widely adopted cryptocurrency. Created in 2008 by the pseudonymous Satoshi Nakamoto, it operates on a decentralized network, enabling peer-to-peer transactions without intermediaries like banks. With a capped supply of 21 million coins, Bitcoin’s scarcity has contributed to its significant value appreciation over time.
Each Bitcoin can be divided into smaller units called satoshis—one satoshi equals 0.00000001 BTC. This divisibility allows investors to buy fractions of a Bitcoin, making it accessible even at high price points.
Bitcoin’s popularity, combined with increasing regulatory clarity in Canada, has led to a surge in platforms offering easy access to crypto trading.
👉 Discover secure and fast ways to start your Bitcoin journey today.
Top Crypto Apps in Canada to Buy Bitcoin
1. Bitbuy
Available Coins: 39+
Key Feature: First regulated crypto marketplace in Canada
Bitbuy, based in Toronto and founded in 2016, is a trusted name among Canadian crypto investors. As a FINTRAC-registered Money Service Business, it offers a secure environment for buying and selling Bitcoin.
- Supported Cryptocurrencies: Bitcoin, Ethereum, Litecoin, Cardano, Solana, and more
- Funding Options: Interac e-Transfer, bank wire, crypto deposits
- Trading Fees: 0.2% on Express Trade; 0.1–0.2% for Pro Trade and API users
- Bonus: $5 for signing up and depositing $250; $5 referral bonus per friend
Bitbuy stands out with its Pro Trade and API services, ideal for high-volume traders seeking advanced tools and tighter spreads.
2. Newton
Available Coins: 70+
Key Feature: Zero trading fees
Newton is one of the most cost-effective platforms for Canadian investors. Founded in 2018 and headquartered in Toronto, it offers competitive pricing and a clean, intuitive interface.
- Supported Cryptos: Bitcoin, Ethereum, Monero, Tether, USD Coin, and many others
- Funding Methods: Interac e-Transfer, wire transfer, pre-authorized debit
- Fees: No trading fees—revenue comes from small price spreads
- Bonus: $25 for buying $100+ in crypto; $25 per successful referral
Newton Pro offers enhanced liquidity and reduced spreads for serious traders.
👉 Start trading Bitcoin with zero fees on a trusted platform.
3. NDAX
Available Coins: 30+
Key Feature: Low flat withdrawal fees
National Digital Asset Exchange (NDAX), based in Calgary, provides fast transaction processing and strong security protocols.
- Cryptocurrencies: Bitcoin, Ethereum, XRP, Dogecoin, Polkadot
- Deposit Options: Interac e-Transfer (0–30 min), wire transfer, bank draft
- Trading Fees: 0.20% per trade with built-in spread
- Bonus: $25 for depositing $100+; up to $25 per referral
NDAX Wealth caters to institutional and high-net-worth investors with OTC trading options.
4. Shakepay
Available Coins: 2 (Bitcoin, Ethereum)
Key Feature: User-friendly mobile experience
Shakepay is renowned for its simplicity and gamified features. Since launching in 2015, it has attracted over 600,000 users across Canada.
- Funding Methods: Interac e-Transfer, wire transfer
- Fees: No explicit trading fees—margin built into prices
- Withdrawals: Free for CAD and crypto (mining fees covered)
- Bonus: $5 for trading $100+; $5 per referred friend
Unique perks include ShakingSats, where users earn free satoshis daily by interacting with the app.
5. CoinSmart
Available Coins: 16+
Key Feature: Supports credit/debit card deposits
CoinSmart, launched in 2018 and based in Toronto, is ideal for those who want flexible funding options.
- Supported Assets: Bitcoin, Ethereum, Ripple, Tether
- Deposit Methods: Interac e-Transfer, credit/debit cards, bank wire
- Trading Fees: 0.2%–0.4% depending on pair
- Bonus: $20 for depositing $100+
CoinSmart Premium and OTC services support large-volume trades, while SmartPay enables businesses to accept crypto payments.
6. Netcoins
Available Coins: 30+
Key Feature: Publicly traded parent company
Operating since 2014 under BIGG Digital Assets, Netcoins offers a straightforward platform for buying Bitcoin.
- Funding Options: Interac e-Transfer, online bill pay
- Trading Fees: 0.5% + spread
- Fees: Free fiat deposits/withdrawals; flat crypto withdrawal fees
- Bonus: $25 for trading $100+; $25 per referral
Its long-standing presence adds credibility in the Canadian market.
7. Wealthsimple Crypto
Available Coins: 60+
Key Feature: Integrated with stock and ETF trading
Wealthsimple Crypto is part of Canada’s leading robo-advisor platform. Launched in 2020, it allows users to buy Bitcoin with as little as $1.
- Funding Method: Electronic Funds Transfer (EFT)
- Fees: No trading fees; 1.5%–2.0% operations fee included in spread
- Bonus: $25 after trading $150+
Users can manage crypto alongside stocks and ETFs within the same app—perfect for diversified portfolios.
Factors to Consider When Choosing a Bitcoin App
Selecting the best platform involves more than just sign-up bonuses. Here are key considerations:
Trading and Withdrawal Fees
Some apps charge flat fees or percentages on deposits and withdrawals. Look for platforms with low or no fees on Interac e-Transfers and crypto withdrawals.
Security Measures
Ensure the app uses cold storage for most assets and follows strict cybersecurity protocols. While exchanges protect funds, storing Bitcoin in a personal hardware wallet (like Ledger or Trezor) offers maximum control.
Regulatory Compliance
Most reputable Canadian apps are registered with FINTRAC as Money Service Businesses. Wealthsimple operates under the CSA Regulatory Sandbox, adding another layer of oversight.
Range of Supported Coins
Even if you’re focused on Bitcoin now, consider platforms that support other major cryptocurrencies like Ethereum or stablecoins for future flexibility.
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Frequently Asked Questions (FAQs)
Is Bitcoin legal in Canada?
Yes, Bitcoin is legal in Canada. While not considered legal tender, it can be bought, sold, and used for transactions where accepted. Gains from trading may be subject to capital gains or income tax.
Are there sign-up bonuses for crypto apps?
Yes—most platforms offer referral bonuses ranging from $5 to $50. These are typically awarded after completing a minimum deposit or trade (e.g., $100).
Do I pay taxes on Bitcoin profits?
Yes. The Canada Revenue Agency (CRA) treats cryptocurrency gains as either capital gains or business income, depending on trading frequency and intent.
Can I withdraw Bitcoin to my personal wallet?
Most platforms allow withdrawals except Wealthsimple Crypto and the discontinued MogoCrypto. Always verify withdrawal options before choosing an app.
Which app has the lowest fees?
Newton offers zero trading fees, while NDAX and Bitbuy provide competitive rates for active traders.
Are Bitcoin ETFs a good alternative?
Yes. Bitcoin ETFs let investors gain exposure through traditional brokerage accounts—ideal for those avoiding self-custody. Platforms like Questrade and Wealthsimple Trade offer commission-free ETF purchases.
Final Thoughts
The best crypto app for buying Bitcoin in Canada depends on your goals: beginners may prefer Shakepay’s simplicity, while cost-conscious traders will favor Newton or NDAX. For investors seeking integration with traditional assets, Wealthsimple Crypto offers unmatched convenience.
Regardless of your choice, always prioritize security, transparency, and regulatory compliance.
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