6 Best Exchanges to Buy Bitcoin with INTERAC e-Transfer in Canada

Updated: November 4, 2021

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INTERAC e-Transfer is a popular and easy way to buy and sell bitcoin, ethereum and other cryptocurrency in Canada.

Most Popular Crypto Exchanges to Buy Bitcoin with INTERAC e-Transfer in Canada

Buy Bitcoin Newton

Lots of alt coins available. Low spread.

Buy Bitcoin on Shakepay

Free withdraws on Bitcoin. Easy to use. Read the review.

Easy to use exhange.

Credit cards usually don’t work to buy Bitcoin in Canada.

Wire and bank transfers are better for larger buys and can take a few day to process. E-transfers are near instant and free to use.

INTERAC e-Transfer has daily, weekly and monthly limits on how much funds can be transferred. Check with your bank for your transfer limits.

Quickly and easily deposit funds to and from your bank account whis these 6 crypto exchanges with INTERAC e-Transfer.

Read the guide for beginners: How to Buy Bitcoin in Canada Tutorial →

Crypto Exchanges that Accept INTERAC e-Transfer

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Shakepay

Shakepay

Get a $30 Signup Bonus ➞

Shakepay is a Montreal-based company that allows Canadians to buy/sell bitcoin and ethereum with Interac e-Transfers. Shakepay is one of Canada’s’ biggest exchanges having over 600,000+ users.

PROS

· Free withdraws. Shakepay covers the network fees when sending crypto to your wallet. This makes fees easy and clear to understand.

· Easy to use for beginners.

CONS

· Shakepay has a higher buy / sell spread than other exchanges.


Newton

Newton

Get a $25 Signup Bonus ➞

Newton is a Canadian cryptocurrency trading platform that offers Interac e-Transfers, wire transfers, pre-authorized bank transfers to buy cryptocurrency in Canada.

PROS

· Low spread fee for buying and selling crypto.

· Lots of altcoins to choose from.

CONS

· Calculating network fees for withdrawing crypto can be confusing.


Netcoins Interac

Netcoins

Get a $10 Signup Bonus ➞

Netcoins founded in 2014 is a crypto exchange based in Vancouver, Canada. Set limit order, fund with a credit card or with US dollars.

PROS

· Easy to use.


crypto.com

Crypto.com

Crypto.com is one of the most fully featured exchanges with lots of alt coins, credit card rewards for Canadians to buy or sell crypto with INTERAC e-Transfer.


ndax

NDAX

Get a $10 Signup Bonus ➞

NDAX buy and sell 11 different cryptocurrencies. Advanced features and trading tools for professional traders. Fund your account from a Canadian bank account with Interac e-Transfers, wire transfers and bank draft.

PROS

· Low spread fee for buying and selling crypto.

· OTC Desk.

CONS

· Only deposits via INTERAC e-Transfer.

· Withdraw fee.


PayTrie

PayTrie

PayTrie only offers stablecoins. Fund or withdraw via INTERAC e-Transfer with this exchange.

PROS

· Low spread fee.

· Great for traders.

CONS

· A little confusing to use.


Withdraw Fees & Spread

There are fees when sending and receiving bitcoin. These fees vary depending on how busy the network is.

Cryptocurrency exchanges in Canada make money on the spread between buying and selling cryptocurrency.

Each exchange has a different spread fee and network fee withdraw structure.

It depends on how much bitcoin you are buying or selling to get the best value for your purchase. You will need to calculate this for yourself.

Click Here to Compare Canadian Crypto Exchanges

Conclusion

All three these exchanges are safe and easy to use.

For beginners to buy bitcoin in Canada with INTERAC e-Transfer – Shakepay and Newton are the first exchanges I would recommend create accounts.

Read Shakepay vs Newton here ➞

Signup and create accounts at multiple crypto exchanges.

Sometimes there are network congestion issues, exchange bugs or some other problem that could hamper your buying and selling of bitcoin for Canadian dollars.

Each exchange also offers slightly different features like limit buys and sells, recurring purchases or altcoins.

Signing up to multiple exchanges to make buys and sells of crypto is a good way to learn more about how the bitcoin network works and to get a deeper understanding of the whole crypto world. And to figure out what bitcoin buying and selling websites and apps work best for you.

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