The post Best Crypto Exchanges of Canada That Every Canuck Should Know appeared on BitcoinEthereumNews.com.

Cryptocurrency is prevalent across the globe now. Though it’s not fully regulated, its trading is allowed in most nations with some conditions. That’s why traders often like to know about exchanges popular in certain countries. Canada is one of the crypto-friendly nations with many mining operations, exchanges, and other firms.  This country has maintained this stance right from the beginning. It continues to foster the same environment with a rising number of exchanges. So let’s go ahead and check out the most popular crypto exchanges in Canada. Top Crypto Exchanges Operating In Canada These exchanges deliver some notable features to make trading easy. They play a pivotal role in making digital assets accessible to all.  Bitbuy Launched in 2013 as Instabit, Bitbuy is a leading crypto exchange in Canada. Since it only serves canucks, it accepts only CAD as fiat currency. The platform funds users’ accounts and provides trading pairs using the national currency. Besides that, it is known for delivering a seamless experience to crypto buyers/sellers Its existing customers have praised the platform for its email and chat support. On the safety front, Bitbuy does a decent job. It is a Money Services Business (MSB) with a 95% cold storage policy. However, it supports a limited number of cryptos and charges a higher fee.  Coinsmart Established in 2018, CoinSmart is a Canada-based exchange considered well-suited for beginners. The reason is that its user interface is very convenient and it makes account setup very quick.  To ensure security, it implements two-factor authentication while offering insurance. CoinSmart insures all wallets for up to $100 Million of assets. Moreover, it charges a low fee of 0.20% on all transactions. The cons include limited support to just 16 cryptos and a fee of 6% on debit/credit card funding. Coinbase Coinbase is one of…

---

Filed under: News - @ December 5, 2023 2:12 am