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Regulated crypto brokers in Canada

Are you wondering which online broker you should use to invest in Canada? If so, read this content to find the best options to keep your investments safe and have the support you need.

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The very best regulated crypto brokers in Canada for investors.

regulated crypto brokers Canada
The best way to invest in crypto is with a regulated online broker in Canada. Source: Adobe Stock.

To invest in the crypto market, you definitely need the best regulated crypto brokers in Canada. The Crypto market is already on fire all the time, and it fluctuates a lot. Because of this instability, your broker has to be stable and reliable.

Cryptocurrencies mess up people’s ideas of economy, money, and banking. But they’re here, they’re happening, and making a lot of millionaires around the world. 

As cryptocurrencies are protected by blockchain technology, you have to keep your dollars and crypto safe too. Also, you need good support to invest in the best way. This means a good platform and a competent broker.

To help you on this task of finding the best online broker, we’ve made this list with some of the best crypto brokers in Canada that are properly regulated. Don’t get in trouble using dubious brokers. Pick one of these. Keep reading to see if you already know any of these brokers.

We’ll tell you the best regulated crypto brokers in Canada!

regulated crypto brokers Canada
Know the best online brokers to choose in Canada. Source: Adobe Stock.

Investing is a serious business. So, you need a serious broker to take care of your portfolio. Especially with cryptocurrencies, that still confuses a lot of people. 

Searching for the right broker to start can be challenging if you don’t know what you are looking for. One of the first aspects is that your broker has to be regulated. Unfortunately,  many people have lost thousands of dollars in scams in the past, and we definitely want to avoid that. 

Another thing to pay attention to is the costs and fees and how easily you can sell and buy your cryptocurrencies. This can impact your earnings. Let’s see some good options, and you can analyze their features.

BitBuy

If you’re looking for a regulated crypto broker in Canada, you can pick BitBuy. It is FINTRAC regulated. FINTRAC is the Financial Transaction and Reports Analysis Centre of Canada. So, you can be chill about security with this one.

On the air since 2016, this online broker is an excellent choice to buy cryptocurrencies and is available only in Canada. That said, the only way to use it is with Canadian dollars through Canadian banks. It is considered by many as the #1 for its low trading fees, intuitive platform design, efficient mobile app, and excellent customer service.

Crypto.com

This is one of the most popular in Canada. Even best, it is one of the most popular in the world! But it has been available to trade with Canadian dollars since January 2021.

You can use this platform if you’re starting or even if you’re an experienced investor. It is not the best at pricing, but you can find some good opportunities and competitive fees, and the minimum deposit is just $20.

Both Android and iOs support the mobile app, and you can check your digital wallet from anywhere. Also, Crypto takes its user’s security very seriously and has one of the safest platforms among online crypto brokers.

Coinberry

Although Coinberry is not as popular as the brokers mentioned before, its mobile app has a high rating from its users. Also, the customer service has excellent reviews, and you can count on live support. It has a safe platform, and your investment has insurance.

You can buy crypto at U.S dollar cost averaging with auto-purchase, which is pretty efficient. Choose among 18 cryptocurrencies to have a diversified portfolio.

Satstreet

regulated crypto brokers Canada
For high-net investors, Satstreet is the best choice. Source: Adobe Stock.

If you’re in the investment game for playing big, you may like Satstreet. You’ll have no problems moving high amounts with excellent liquidity. It doesn’t matter if you’re investing $25,000 or even more than dozens of millions. Satstreet has the support you need.

To deal with such high amounts, Satstreet needs a top security system. And it has. They even have video verification to certify only you can withdraw your money. And even with VIP service, they offer low fees and support a wide variety of digital assets. If you intend to deposit less than $25,000, you’ll have to look for another lender

Wealthsimple Crypto

Wealthsimple is a well-known online broker with excellent reliability. In 2020, they developed a trading platform for crypto investors, the Wealthsimple Crypto. You can trade 16 different cryptocurrencies, and you’ll pay 1.5% – 2% transaction fees. But it does not charge commissions to open or close your account or for you to withdraw your money. By using Walthsimple Crypto platform, you’re choosing one of the best regulated online brokers in Canada.

Netcoins

If you use US dollars and Canadian dollars, you can choose Netcoins. Its online platform is straightforward, and when it started back in 2014, it offered three cryptocurrencies. Nowadays, you will find ten cryptocurrencies available for you to buy and sell on their platform.

The way to deposit in and out is through e-transfer to your checking account of choice. And if you like predictability, you’ll enjoy the flat rate of 0,5% per trade. It is an excellent platform for beginners. But if you’re an experienced investor, you may miss some advanced features.

Coinsmart 

Your crypto investments are safe with the Coinsmart online trading platform, one of the best crypto brokers. It is beginner-friendly, and you can easily open your account. You’ll find more than 16 options of cryptocurrencies to trade and also stable coins.

It is very flexible and offers many ways to make deposits, such as debit and credit cards and e-tranfers. The fees will vary according to how you choose to deposit, but there are no fees on purchases above $2,000. 

One of the top regulated crypto brokers in Canada: Coinbase

Although it charges some high fees, this platform is excellent if you’re just starting to trade Bitcoins. It is effortless to use, and you’ll have the support you need to start your career. The benefits you’ll get for a high trading rate are the safest online brokers, as this company figures among the NASDAQ public stock list.

It is very important to have a good online broker when it comes to investing. Tastyworks are also an excellent reference when it comes to online brokers. It works better for active traders and will help you to improve your investment skills in trading. The following article contains more details about it.

Do you know the difference between a security and a utility token? Follow the link below to learn more about it.

difference security token and utility token

The difference between security and utility token

If you want to know the difference between a security token and utility token, keep reading our post to know all about it!

About the author  /  Aline Barbosa

Aline Barbosa is an editor, writer and learning-enthusiast. Passionate about music, books and human behavior. Curious about the unknown. Believer that learning is a life-long process.

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