Buy Bitcoin in Canada - Canadian Cryptocurrency Exchange | CoinSmart (2024)

Turn $ or € into crypto directly.

Easily convert your dollars or euros into any of our cryptocurrencies with ease.

Same Day Deposits

Access your funds the same day we receive them. Leverage the market without a long wait.

Multiple Funding Methods

We accept Interac, SEPA, Wire Transfers, E-transfers and all our cryptocurrencies as funding methods - we make it as easy as possible to fund your account.

Track All Your Trades

Track all of your trading activity, deposits and withdrawals with ease.

CoinSmart Makes Cryptocurrency

Accessible

SmartGuarantee

SmartGuarantee

Last Updated: May 2021

At CoinSmart, we strive to provide best-in-class customer experience. Whether you are buying, selling, or trading cryptocurrencies we want your experience to be as seamless as possible. One of the many ways we achieve this goal is through our SmartGuarantee.

What is covered?

  • All deposits will be credited to your account the same day we receive them.
  • All cash withdrawal requests are processed within 5 business days.
  • All account verifications are processed the same day.

What is not covered?

  • If you provide inaccurate or incomplete information in connection with the requested deposit or withdrawal.
  • If our compliance team requires further information to verify your account.
  • If your deposit or withdrawal is not allowed under our Terms of Service. As an example, if it exceeds your transaction limits, is within our withholding period or you have otherwise not complied with our Terms of Service.
  • If the delay is due to any action, omission or inactivity by or on behalf of your financial institution or another 3rd party providing your services
  • If we suspect any fraudulent, illegal or suspicious activity on your CoinSmart Account.

Buy Bitcoin in Canada - Canadian Cryptocurrency Exchange | CoinSmart (1)

Buy Bitcoin in Canada - Canadian Cryptocurrency Exchange | CoinSmart (2)

What will you receive?

  • If your deposit is not credited the same day we receive it your account will be credited for the deposit fee.
  • If your cash withdrawal request is not processed within 5 business days then your account will be credited for the withdrawal fee.
  • If your account verification is not processed the same day it is submitted we will waive the deposit fee on your first deposit.
  • A “business day” means between the hours of 9:00 a.m. and 6:00 p.m. (ET) on any day other than a weekend or a statutory holiday. Any deposit or withdrawal request made after 4:00 p.m. (ET) will be deemed to be made on the following business day.
  • In order to take advantage of our SmartGuarantee, you are required to notify us by e-mail at support@coinsmart.com within 3 business days of the event that gives rise to your claim request.
  • If you are eligible for credit under the SmartGuarantee, we will apply the credit to your account within 2 business days of our determination that your claim request is approved.

Additional Terms & Conditions:

You acknowledge and agree that the Guarantee is not a product warranty and has no effect on any provisions, terms or conditions set forth in the Terms of Service or any other agreement between you and CoinSmart. You acknowledge and agree that CoinSmart will make the final determination as to whether the Guarantee applies in your circ*mstances. CoinSmart reserves the right to change the Guarantee at any time with no notice to you.

CoinSmart will not honor incomplete requests. The Guarantee applies per event and any series of events pertaining to the same instance that gives rise to the request for credit will be considered by CoinSmart, in its sole discretion, one and the same event. CoinSmart will not honor any additional requests relating to the same event or series of events. The Guarantee is only available to Canadian residents of legal age. Any attempts to mislead CoinSmart or interfere with, manipulate or otherwise impact the CoinSmart website, exchange platform or systems to cause or increase the likelihood of an event that would lead to a credit under the Guarantee is fraud and may result in prosecution.

For any questions regarding the Guarantee please contact our support team by Email or Live Chat.

SmartTrade

Forget about trading pairs: with one click you can trade from one coin to another, without having to trade to Bitcoin or Ethereum first. It’s as simple as choosing which coins you want to trade. We take care of the rest in one simple transaction!

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Buy Bitcoin in Canada - Canadian Cryptocurrency Exchange | CoinSmart (4)

SmartSupport

With CoinSmart you’re a name, not a number. CoinSmart is the only Canadian crypto exchange that provides excellent support for all your questions. You can connect with a SmartRep via email or chat. We also have a comprehensive FAQ section and a GetSmart Hub to level up your crypto knowledge with ease.

SmartSecurity

CoinSmart is able to prevent fraud by running a comprehensive identity verification process that is able to detect fake addresses and dates of birth using a database offered by data collection agencies. By using these agencies, CoinSmart is able to verify a person’s identity and also keep personal user information secure.

CoinSmart requires its users to enable two factor authentication system (2FA). To set up this extra layer of security, users must download the Google Authenticator app and connect it to their account (steps for this procedure can befound here). This will require the user to input their unique 6-digit passcode generated on their mobile device at the moment they attempt to log in (the passcode changes every 30 seconds). Users will then have to enter their newly generated code each time they log in. Additional tips for account level security can befound here.

CoinSmart offers its users cold storagefor each cryptocurrency offered on the exchange. Regardless of whether a user chooses to purchase a currency or not, there's a cold wallet available. This wallet is protected using standard industry practices and procedures. Cold storage of cryptocurrencies just refers to the practice of keeping these coins away from internet access. Most crypto exchanges will opt to keep a majority of their crypto in cold storage to keep it maximally protected against hacking attempts.

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Buy Bitcoin in Canada - Canadian Cryptocurrency Exchange | CoinSmart (6)

Advanced Trade


Our Advanced Trade feature was specifically designed for more experienced investors. Featuring limit orders, stop loss, and real-time charting, you can place customized orders using our order book functionality.

Our Digital Currencies

Buy and sell Bitcoin, Etherum, Litecoin, Bitcoin Cash, ADA, Stellar Lumens, EOS, and USDC with CoinSmart. We are constantly adding digital currencies to our exchange.

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Buy Bitcoin in Canada - Canadian Cryptocurrency Exchange | CoinSmart (12)

Buy Bitcoin in Canada - Canadian Cryptocurrency Exchange | CoinSmart (13)

Buy Bitcoin in Canada - Canadian Cryptocurrency Exchange | CoinSmart (14)

Buy Bitcoin in Canada - Canadian Cryptocurrency Exchange | CoinSmart (15)

Buy Bitcoin in Canada - Canadian Cryptocurrency Exchange | CoinSmart (16)

Buy Bitcoin in Canada - Canadian Cryptocurrency Exchange | CoinSmart (17)

Buy Bitcoin in Canada - Canadian Cryptocurrency Exchange | CoinSmart (18)

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Buy Bitcoin in Canada - Canadian Cryptocurrency Exchange | CoinSmart (21)

Buy Bitcoin in Canada - Canadian Cryptocurrency Exchange | CoinSmart (22)

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Buy Bitcoin in Canada - Canadian Cryptocurrency Exchange | CoinSmart (25)

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Buy Bitcoin in Canada - Canadian Cryptocurrency Exchange | CoinSmart (34)

Buy Bitcoin in Canada - Canadian Cryptocurrency Exchange | CoinSmart (35)

Buy Bitcoin in Canada - Canadian Cryptocurrency Exchange | CoinSmart (36)

Get verified instantly

with CoinSmart.


Create an account and get verified in minutes.
Access your funds the same day you make a deposit - no more pairing and tethering needed. Once you get verified you can start buying and selling your digital currencies.

Do you know

CoinSmart's GetSmart Hub?

Your destination for crypto knowledge & learning tools.

Level up your crypto game and really understand your investments. With comprehensive articles, blog posts and how-to guides, we have content suitable for everyone - whether you are a crypto newbie or an advanced trader.

Crypto in the palm of your hand. Access your account 24/7.

Download the best crypto trading app today and see how easy it is to buy and sell bitcoin and many other coins through our mobile app.

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Buy Bitcoin in Canada - Canadian Cryptocurrency Exchange | CoinSmart (38)

Buy Bitcoin in Canada - Canadian Cryptocurrency Exchange | CoinSmart (39)

Buy Bitcoin in Canada - Canadian Cryptocurrency Exchange | CoinSmart (2024)

FAQs

Where is the safest place to buy Bitcoin in Canada? ›

Coinbase is one of the biggest and most trusted cryptocurrency exchanges in the world. The platform offers more than 50 cryptocurrencies to buy, sell, and trade for Canadian investors.

What is the fastest way to buy Bitcoin in Canada? ›

A Canadian cryptocurrency exchange is the most convenient way to buy Bitcoin in Canada. Bitbuy offers low transaction fees and the convenience of buying Bitcoin in Canadian dollars. New traders will appreciate our easy-to-use interface, thanks to a new-and-improved UI on our web app for any amount of bitcoin.

What is the best crypto exchange to buy Bitcoin in Canada? ›

Best Crypto Exchanges In Canada For April 2024
  • Featured Partner Offer.
  • The Best Crypto Exchanges of April 2024.
  • Kraken.
  • Crypto.com.
  • Coinbase.
  • KuCoin.
  • Gemini.
  • Bitfinex.

How do I contact CoinSmart customer service? ›

CoinSmart Customer Service Phone Number (855) 390-2646, Email, Help Center.

Is it illegal to buy Bitcoin in Canada? ›

Cryptocurrency trading is legal in Canada. You can buy, sell and trade crypto on many platforms. Indeed, in some areas, the country was at the forefront of regulation, beating neighboring USA to launch North America's first Bitcoin ETF.

What is the most used Bitcoin wallet in Canada? ›

Best Crypto Wallet Canada
  • 1) Zengo.
  • 2) Uphold.
  • 3) CoinBase.
  • 4) Ledger Nano S.
  • 5) BitBuy.
  • 6) Ellipal.
  • 7) Ledger Nano X.
  • 8) Trezor.
Mar 4, 2024

How to buy Bitcoin in Canada online? ›

BitPay users in Canada have two easy ways to buy Bitcoin and other cryptocurrencies with Interac e-Transfer, via the BitPay Wallet app or on the BitPay website. Each is a convenient method of paying for crypto straight from your Canadian bank account and managing your assets with a self-custody wallet.

What is the website to buy Bitcoin in Canada? ›

Most people use MyBTC.ca because it allows them to buy and sell Bitcoin or Ether within seconds using Canada's most convenient payment methods including our most popular Interac e-Transfer. We provide some of the best and most responsive customer support times the Canadian crypto exchange space has to offer.

How do I buy Bitcoins from my bank account in Canada? ›

How to buy Cryptocurrency in Canada using Bank Wire Transfer
  1. Create an account. Provide some basic details about yourself and get instantly verified.
  2. Fund your account. Fund your Bitbuy account using Bank Wire Transfer.
  3. Buy Cryptocurrency. One click, and you're done.

What is Canada's number one most trusted Bitcoin platform? ›

Coinbase is available in Canada and is recognized as one of the top crypto exchanges in the country, offering a credible platform with features like a mobile app, secure wallet, and user-friendly interface.

What is the legal crypto exchange in Canada? ›

NDAX Sets the Standard for Canadian Cryptocurrency Trading

Our platform features secure digital asset storage, multiple funding methods, and same-day deposit and withdrawal settlements, leaving you free to focus on trading, tracking, and managing your crypto portfolio.

What is the best crypto exchange in Canada for beginners? ›

Coinbase Digital Currency Exchange

Coinbase won the 2023 Finder Award for Best for Beginners and is the largest publicly traded crypto exchange in the world. The simplified version of Coinbase lets you transfer fiat from your bank account and instantly purchase digital assets in a few simple steps.

How long does CoinSmart verification take? ›

With our Instant Verification process, your account can be verified within a few minutes. If we cannot instantly verify your account, we do require you to submit more information. Once we receive the information your account will be verified as quickly as possible, usually within an hour or two.

Is CoinSmart legal in Canada? ›

CoinSmart has all the appropriate licensing and registrations required in each jurisdiction we operate in. Customers trust CoinSmart. We are proud to be built in Canada!

Does CoinSmart need ID? ›

Once you set up your 2FA, verify your phone number, and upload a government-issued ID card such as a passport or driver's license. Once you have completed these steps, CoinSmart will verify the documents. Once verified, you can begin trading.

Where is the most secure place to buy Bitcoin? ›

Best Most Secure Bitcoin and Crypto Exchanges in 2024
  • #1. Binance. 4.83 / 5. promotions. ...
  • #2. Blockchain.com. 4.83 / 5. promotions. ...
  • #3. LBank. 4.83 / 5. promotions. ...
  • #4. Binance TR. 4.67 / 5. promotions. ...
  • #5. BitMEX. 4.67 / 5. promotions. ...
  • #6. MEXC. 4.67 / 5. promotions. ...
  • #7. Okcoin. 4.67 / 5. promotions. ...
  • #8. OKX. 4.67 / 5. promotions.
Jan 30, 2024

Is Coinbase legit in Canada? ›

Coinbase has officially been registered as a Restricted Dealer by the Canadian Securities Administrators (CSA). This makes Coinbase the largest and first international cryptocurrency exchange registered in Canada.

What is the safest website to buy Bitcoin? ›

Kraken: Most Established Bitcoin Exchange. Coinbase: Safest Way To Buy Bitcoin. Gemini: Best Bitcoin Exchange For All 50 States. Nexo: Best for daily payments.

Which crypto platform is legal in Canada? ›

Bitbuy Technologies Inc. Bitvo Inc. Coinbase Canada Inc.

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