Kraken vs CoinSmart
Compare where to buy or sell Bitcoin & crypto.
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Read: Kraken Review
Kraken Fees
- Fiat Deposits: 1.5%
- Spread: 0 to 0.26% per trade
- Crypto withdrawal: 0.00001 BTC
Funding & Withdrawal Options
- Interac E-Transfer
- Wire Transfer (Etana Custody)
- In-person at Canada Post
Cryptocurrencies: 65+
✅ Kraken Pros
- One of the oldest exchanges in crypto
- Full trade platform
- Crypto to crypto trading pairs
- 24/7 live chat support
- Low spread fee
❌ Kraken Cons
- Complicated fee structure
- Not as beginner-friendly
- 1.5% deposit fee on fiat
- High crypto withdrawal fee
Get $10 USD in BTC – Kraken Sign-Up Bonus when you use the app →
UPDATE: On September 30, 2023 CoinSmart users will be upgraded to Bitbuy.
CoinSmart Fees
- Interac e-Tranfer Deposit: 0% for $2,000+, 1.5% for $100 – $1,999
- Wire Transfer Deposit: 0%
- Spread: ~0.2%
- Crypto withdrawal: 0.00025 BTC (~$10)
- Fiat withdrawal: 1% Fee ($15 Minimum)
Funding & Withdrawal Options
- Interac e-Transfer (Deposit only)
- Wire Transfer
Cryptocurrencies: 16+
CoinSmart Pros
- Desktop web app
CoinSmart Cons
- High fees
- Interac e-Transfer deposits only
Compare More Top Canadian Crypto Exchanges
Spread % | Withdraw Fee | Deposit Fee | # of Coins | ||
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+ | ||
VirgoCX | 0.5 - 2.5% | Fiat: $0 | $0 | 67+ | |
Coinbase | 0.5% | 1.49 - 3.99% | 1.49 - 3.99% | 100+ | |
Wealthsimple | ~1.5 - 2% | $0 | $0 | 49+ | |
Crypto.com | ~0.4% | Crypto:~$13 | $0 | 100+ | |
PayTrie | 0.6% | $0 | $0 | 7 stablecoins | n/a |
Bull Bitcoin | 0.5 - 1.25% | Crypto: you decide fee | $0 | 1 | n/a |
Coinsquare | 1.5% | Fiat: 0 - 1.5% Crypto: 0.0005 BTC | $0 | 39+ | n/a |
Bitcoin Well | 0.21% | Variable | $0 | 1 |
