The competition is thick when it comes to best cryptocurrency exchanges in Canada. As the new form of digital cash begins to solidify as a legitimate investment class, and blockchain technology finds more and more homes in corporate landscapes, more Canadians are seeking entry into the market. Cryptocurrency can be a treacherous market to enter as it is not always easy to understand nor gain access to it. Sifting through the ever-growing list of currency exchanges can require a lot of hours to find the one that best suits your needs.
Whether you want to buy Bitcoin or are interested in one of the smaller cryptocurrencies on the market, this article will help you find the best Canadian crypto exchanges.
These selections are based on six main criteria:
Coming to the party a little late has been a smart move for Coinfield, which has become the country’s largest and most advanced cryptocurrency exchange platform. It impresses with a strict AML/KYC policy to stymie attempts at hacking or money laundering, negating the fears of many beginning cryptocurrency investors who fear security problems. The other high floor for most beginners is ease of use. CoinField is very easy to sign up for; you need just your name, email and a secure password.
The platform caters to your level of experience with its trading aids, which include real-time order books, trading history, and charting tools. You have to be Canadian to trade on CoinField, but you can be located anywhere in the world on the website or with a very responsive mobile app.
If you’re not Canadian, check out the company’s new international partner moonGo, which allows crypto trading to all countries outside of the US and the US/UN sanction list. Another function that gives CoinField our top grade is its round-the-clock support. If you’ve got a question on how to buy bitcoin at 3 a.m., CoinField has customer care agents available 24/7 standing by to take your questions and concerns via telephone, email, and instant messaging platforms.