Craig Leontowicz
Updated: February 6, 2023
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With so many apps to Buy Bitcoin in Canada, I wanted to compile the ratings and reviews for the most popular apps and exchanges.
- The best-rated app with the most reviews is Wealthsimple.
- Newton and Shakepay are the next most popular choices for Canadian exchanges.
- Kraken, Coinbase, and Binance are the largest exchanges and have the most app downloads and reviews.
This isn’t my opinion this is based on the numbers. The people love Wealthsimple.
I Googled every exchange app. Their app store rating and the number of reviews they have received.
You can decide for yourself which you think is the best app for cryptocurrency in Canada based on this data.
Read my opinion on the best crypto exchange apps in Canada.
App Store Ratings and Reviews
Exchange | Apple App Store Rating | Google Play Store Rating |
Rating: 4.6 · 17.9K reviews | Rating: 4.5 · 11K reviews | |
Rating: 4.6 · 17.9K reviews | Rating: 4.6 · 17.9K reviews | |
Rating: 4.7 · 5K reviews | Rating: 4.3 · 1K reviews | |
Rating: 4.1 · 183 reviews | Rating: 5 · 176 reviews | |
Rating: 4.6 · 6K reviews | Rating: 3.2 · 1K reviews | |
Rating: 4.7 · 2.5K reviews | Rating: 4.3 · 20K reviews | |
Rating: 4.5 · 5.9K reviews | Rating: 3 · 1.1K reviews | |
Rating: 3.6 · 643 reviews | Rating: 3.1 · 407 reviews | |
Rating: 3.9 · 76 reviews | Rating: 3.2 · 107 reviews | |
Rating: 4.6 · 37K reviews | Rating: 4.4 · 1.2M reviews | |
Rating: 4.7 · 1.6M reviews | Rating: 4.1 · 744K reviews | |
Rating: 4.7 · 123K reviews | Rating: 4.4 · 68K reviews | |
Rating: 4.5 · 126K reviews | Rating: 4.6 · 428K reviews | |
Rating: 4.6 · 4.6K reviews | No data | |
Rating: 4.5 · 11K reviews | Rating: 4.5 · 27K reviews |
This data was updated on: February 6, 2023.
People like the Wealthsimple app for several reasons, including:
- User-friendly interface: The app is designed with an intuitive and straightforward interface that makes it easy to use.
- Investment options: The app offers a range of investment options, including stocks, ETFs, and socially responsible investment portfolios, to suit a variety of investment needs.
- Low fees: Wealthsimple is known for its low fees, making it an attractive option for those looking to invest without paying high costs.
- Automated investment: The app offers an automated investment feature, allowing users to set up regular contributions and automatically diversify their portfolios.
- Financial advice: Wealthsimple provides users with access to financial advisors who can offer personalized advice and support.
- Convenient and accessible: With its mobile app and online platform, Wealthsimple makes investing simple and accessible, allowing users to manage their investments from anywhere at any time.
Wealthsimple Fees
- Spread: ~1.5 to 2%
Funding & Withdrawal Options
- Link bank account
Cryptocurrencies: 49+
Wealthsimple Pros
- Super easy to use
- UI design
- Staking
Wealthsimple Cons
- High fees
- No limit orders
- Takes 3-5 days to transfer and settle funds
Compare Exchange Fees
Spread % | Withdraw Fee | Deposit Fee | # of Coins | Referral Code | |
1 - 2% | $0 | $0 | 2 | ||
0.75-1.5% | Crypto: Free up to $5 | $0 | 60+ | ||
0.2% | Crypto:~$10 | $0 | 30+ | ||
0.5% | Fiat: $0 | $0 | 30+ | ||
0 - 1.5% | Fiat: 1.5% | $0 | 25+ | ||
0.2 - 0.3% | Crypto: 0.00001 BTC | Fiat: 1.5% | 65+ | n/a | |
0 - 2.5% | $0 | $0 | 37+ | ||
~0.2% | Fiat: 1% | Fiat: 0 - 1.5% | 16+ | ||
0.5 - 2.5% | Fiat: $0 | $0 | 67+ | ||
0.1% | 0.0002 BTC | $0 | 350+ | ||
0.5% | 1.49 - 3.99% | 1.49 - 3.99% | 100+ | ||
~1.5 - 2% | $0 | $0 | 49+ | ||
~0.4% | Crypto:~$13 | $0 | 100+ | ||
0.6% | $0 | $0 | 7 stablecoins | n/a | |
0.5 - 1.25% | Crypto: you decide fee | $0 | 1 | n/a | |
1.5% | Fiat: 0 - 1.5% Crypto: 0.0005 BTC | $0 | 39+ | n/a |
Best Apps to Buy Bitcoin Canada
Based on the data, my own experience, and community reputation. The best apps to buy bitcoin in Canada:
- Wealthsimple – Most reviewed and highly rated. Canadians love the Wealthsimple app.
- Newton – Low fees, lots of altcoins, highly rated app. This is the one I recommend as one of the best all-around crypto exchanges.
- Kraken – Recommend for traders. Crypto-to-crypto trading, staking, and the Kraken Pro app.
Errors or corrections? Contact Us.
HowToBuyBitcoin101.com is basic how to crypto guides, reviews and information for beginners to get started with cryptocurrency in Canada. NOT investment advice. Investing in cryptocurrency is risky. Do your own research.
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