Wealthsimple: The simple way to buy and sell crypto in Canada (2024)

Get up to $50,000 instantly

Sign up and start trading in just minutes. Instant deposits let you buy crypto right away — no need to wait for funding.

Stay on top of the market

Crypto news in the app gets you real time insights for select coins. And with price alerts, you can make trading decisions quickly — without being glued to your phone.

Available for Ethereum, Solana, Cardano & Polkadot

Stake and earn up to 12% per year

Earn rewards on your crypto. Stake your coins in just a couple taps, and the rewards are automatically deposited in your account. Rewards vary by crypto tokens. Learn more.

Send and receive with ease

Transfers let you move your crypto to or from Wealthsimple in just a few taps.

Trade on your terms

Automatically buy any amount of your favourite coins on a schedule. If you have a target price to buy/sell at, we’ll execute the order if the coin hits that price.

Currently we offer:

• 0x (ZRX)

• 1 inch (1INCH)

• Aave (AAVE)

• ApeCoin (APE)

• Amp (AMP)

• Ankr (ANKR)

• Avalanche (AVAX)

• Axie Infinity (AXS)

• Balancer (BAL)

• Bancor (BNT)

• Band (BAND)

• Basic Attention Token (BAT)

• Bitcoin (BTC)

• Bitcoin Cash (BCH)

• Cardano (ADA)

• Cartesi (CTSI)

• Celo (CELO)

• Chainlink (LINK)

• Chiliz (CHZ)

• Chromia (CHR)

• Compound (COMP)

• Cosmos (ATOM)

• COTI (COTI)

• Curve (CRV)

• Dai (DAI)

• Decentraland (MANA)

• Dogecoin (DOGE)

• dYdX (DYDX)

• Enjin (ENJ)

• Ethereum (ETH)

• Fantom (FTM)

• Filecoin (FIL)

• Gala (GALA)

• The Graph (GRT)

• Hedera (HBAR)

• Kyber Network (KNC)

• Litecoin (LTC)

• Loopring (LRC)

• Maker (MKR)

• NEAR Protocol (NEAR)

• Pax Gold (PAXG)

• Polkadot (DOT)

• Polygon (MATIC)

• Quant (QNT)

• Ren (REN)

• Sandbox (SAND)

• Shiba Inu (SHIB)

• Skale (SKL)

• Solana (SOL)

• Stellar (XLM)

• Storj (STORJ)

• SushiSwap (SUSHI)

• Synthetix (SNX)

• Tezos (XTZ)

• Uma (UMA)

• Uniswap (UNI)

• USD Coin (USDC)

• Yearn Finance (YFI)

We plan to offer even more in the future — stay tuned.

The majority of your coins are held in offline cold storage with our custodial partners. All of our custodial partners are regulated entities themselves — and they have over $75M in insurance coverage each.

The remainder of your coins are stored with us in hot wallets. Those have coverage too! We’ve partnered with Coincover to make sure that in the very, very unlikely event that there’s a hack, you’ll have additional ways to recover your assets.

Currently we offer:

• 0x (ZRX)

• 1 inch (1INCH)

• Aave (AAVE)

• Ankr (ANKR)

• Avalanche (AVAX)

• Axie Infinity (AXS)

• Balancer (BAL)

• Bancor (BNT)

• Basic Attention Token (BAT)

• Bitcoin (BTC)

• Bitcoin Cash (BCH)

• Chainlink (LINK)

• Chromia (CHR)

• Compound (COMP)

• Curve (CRV)

• Dai (DAI)

• Decentraland (MANA)

• Dogecoin (DOGE)

• dYdX (DYDX)

• Enjin (ENJ)

• Ethereum (ETH)

• Fantom (FTM)

• Gala (GALA)

• The Graph (GRT)

• Kyber Network (KNC)

• Litecoin (LTC)

• Loopring (LRC)

• Maker (MKR)

• Polygon (MATIC)

• Ren (REN)

• Sandbox (SAND)

• Shiba Inu (SHIB)

• Skale (SKL)

• Solana (SOL)

• Storj (STORJ)

• SushiSwap (SUSHI)

• Synthetix (SNX)

• Uma (UMA)

• Uniswap (UNI)

• USD Coin (USDC)

• Yearn Finance (YFI)

With more coming soon. Not sure how to deposit your coins? Find out how here.

Currently we offer:

• 0x (ZRX)

• 1 inch (1INCH)

• Aave (AAVE)

• Amp (AMP)

• Ankr (ANKR)

• Avalanche (AVAX)

• Axie Infinity (AXS)

• Balancer (BAL)

• Bancor (BNT)

• Basic Attention Token (BAT)

• Bitcoin (BTC)

• Bitcoin Cash (BCH)

• Chainlink (LINK)

• Chromia (CHR)

• Compound (COMP)

• Curve (CRV)

• Dai (DAI)

• Decentraland (MANA)

• Dogecoin (DOGE)

• dYdX (DYDX)

• Enjin (ENJ)

• Ethereum (ETH)

• Fantom (FTM)

• Gala (GALA)

• The Graph (GRT)

• Kyber Network (KNC)

• Litecoin (LTC)

• Loopring (LRC)

• Maker (MKR)

• Polygon (MATIC)

• Ren (REN)

• Sandbox (SAND)

• Shiba Inu (SHIB)

• Skale (SKL)

• Solana (SOL)

• SushiSwap (SUSHI)

• Synthetix (SNX)

• Tezos (XTZ)

• Uma (UMA)

• Uniswap (UNI)

• USD Coin (USDC)

• Yearn Finance (YFI)

With more coming soon. Not sure how to withdraw your coins? Find out how here.

Put simply: staking is a way to earn passive rewards (in the form of more crypto) for holding certain cryptocurrencies. Staking lets you earn rewards on your crypto by contributing to the Proof of Stake (POS) network of a particular cryptocurrency. When you stake your crypto, you help the underlying blockchain of that asset become more secure and efficient. In exchange, you get rewarded with more assets from the network.

Currently you can stake the following, check in-app for latest reward rate:

• Ethereum (ETH)
• Solana (SOL)
• Cardano (ADA)
• Polkadot (DOT)

Wealthsimple charges a fee for staking crypto assets equal to a percentage of staking rewards received. Your staking yields may vary based on a number of factors listed here. Staking involves risks and rewards are not guaranteed. To learn more about Staking and how to stake your coins, check out our Help Center article here.

Our app is designed to be simple — but if you run into any questions with your account, you can always contact our support team by chat, email, or phone and they’ll be happy to help. And yes, you’ll always be put in touch with a real human.

For questions about crypto trading in general, our Crypto Help Centre and news in the app should keep you in-the-loop with everything you need to get started.