Netcoins was founded in 2014 and is based in Vancouver, Canada.
Buy Bitcoin with or deposit/withdraw US dollars with your Canadian bank account.
Reviews
Bitbuy Review
Toronto-based Bitbuy is a registered Money Service Business (MSB) in Canada under FINTRAC since 2016.
Canada’s first 1:1 insured Bitcoin offering platform. Bitbuy is the world’s first platform to find a way to keep the full value of its bitcoin cold storage holdings insured. This is done in partnership with Montreal-based Bitcoin security firm Knox.
Bitbuy has not experienced any hacks and remains a highly safe, secure, and trusted cryptocurrency exchange.
NDAX Review: A Comprehensive Look at This Crypto Exchange
Craig Leontowicz
Updated: January 24, 2023
Affiliate Disclaimer – We earn from qualifying purchases.
NDAX has one of the lowest spread fees compared to other Canadian crypto exchanges, but one drawbacks is the higher fees to withdraw crypto.
If you are wondering is NDAX is a scam? The answer is NO. It is a legit crypto exchange. I use NDAX for trading and have extensively researched their trustworthiness for over 2 years.
It may not be the best crypto exchange for everyone. In this NDAX review, I will take you through the good and the bad of the NDAX cryptocurrency exchange to help you figure out if it’s the best crypto exchange for your needs.
My conclusion: NDAX is best for traders and buying and selling larger amounts of crypto (over ~$2500 and up). NDAX account signup was easy and automated and I got $10.
NDAX uses TradingView charts for the ‘Trade’ dashboard. They are one of the few Canadian exchanges that have the crypto trading pairs BTC/USDC and BTC/USDT and they offer staking on a limited number of digital assets. Plus, you can toggle ‘Dark mode’ on and off — so you know it’s legit and made for traders. 🙂
Newton Crypto Review
Craig Leontowicz
Updated: January 28, 2023
Affiliate Disclaimer – We earn from qualifying purchases.
Newton has some of the lowest spread fees, a large selection of altcoins, and a simple UI design that is very easy to use. It is a safe, regulated, and legit crypto exchange for Canadians. Despite the rough verification process and sometimes spotty customer service — I use Newton as one of my main go-to exchanges.
I am writing this Newton review after using the exchange for about three years now. I have read the good and bad reviews on Reddit/social media — this has been my experience buying and selling crypto on Newton. This Newton review will break down everything you should know before signing up to Newton.
My conclusion: Newton crypto exchange is currently the ‘best all-around exchange’ for a majority of Canadians because of the combination of friendly easy-to-use interface design, low fees, multi-network support, and a large selection of altcoins to trade. Sign up to Newton and a get $25 signup bonus.
Newton has made a number of improvements to their platform in the last year. Most notable is a huge increase in positive user ratings on the Android app.
Shakepay vs NDAX?
Affiliate Disclaimer – We earn from qualifying purchases.
Debating between Shakepay vs NDAX?
I’ve been using both these exchanges for over a year at time of writing this post.
If you are buying crypto for the first time and wondering if Shakepay or NDAX are safe and legit exchanges — the answer is yes.
I would recommend both exchanges to friends.
It would depend on what coins you are wanting to buy, how much you are wanting to invest and how what type of trader or investor you are to determine what exchange in best to use.
Here are some of the pros and cons of each exchange to compare from my experience.
Shakepay Review
Craig Leontowicz
Updated: January 9, 2023
Affiliate Disclaimer – We earn from qualifying purchases.
Shakepay is a good exchange for Canadians to use.
Easily Buy and sell Bitcoin or Ethereum on Shakepay. Quickly fund or withdraw money using Interac e-Transfer.
Shakepay is one of the best exchanges to use if you want to buy $100 of Bitcoin.
Shakepay Review TL;DR:
- Easiest crypto exchange to use for beginners
- Free crypto withdraws are awesome
- The spread fee is higher – good for buying small amounts
- Features: recurring buys, limit orders
- Use a referral link to activate ‘Shaking SATS’ rewards
- Earn Bitcoin cash back with a virtual Visa Prepaid Card
- Trustworthy and safe Canadian cryptocurrency exchange
Shakepay vs Newton
Updated: December 6, 2022
Affiliate Disclaimer – We earn from qualifying purchases.
Shakepay vs Newton TL;DR: Shakepay
I recommend beginners buying Bitcoin in Canada use Shakepay as their first app/website to buy some crypto. It is super simple and easy to use for beginners to crypto to buy some crypto with INTERAC e-Transfer.
Crypto Tax Software for Canadians
Updated: March 10, 2021
Trading cryptocurrency to cryptocurrency is a taxable event in Canada.
HODLers have to pay tax upon disposing, selling or exchanging cryptocurrencies.
Read the guide for cryptocurrency users and tax professionals by Canada Revenue Agency.
Crypto tax software connects your crypto wallets and exchanges. View your gains and losses. Download tax documents.