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Written By: Craig Leontowicz | Updated: April 25, 2023
Win between $5 and $3,000 in cash when you sign up and fund your account on Wealthsimple.
🎁 Wealthsimple Referral Code: MBXDAG
Use this referral code to win between $5 and $3,000 in cash: (GET CODE)
⚡ How to Buy Bitcoin and Crypto on Wealthsimple
- Tap the Discover tab (Search icon) at the bottom of the screen
- Type in the name of the cryptocurrency you’d like to buy in the search bar and select it from the list
- Tap Buy (if you do not see this option, tap Trade to reveal the Buy button)
- Choose the type of order you wish to place (Market buy or Limit buy) by selecting one of the options from the drop-down menu at the top center of your screen
- Enter the dollar value of cryptocurrency you’d like to buy and tap Continue
- Review the order details and tap Confirm order
Read the guide for beginners: How to Buy Bitcoin in Canada Tutorial →
❓ About Wealthsimple
Wealthsimple is a Canadian-based online investment management service. Founded in 2014, it aims to make investing easy and accessible to everyone through a combination of technology and human advice.

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
Trade Bitcoin, Ethereum, Dogecoin, and more — in one secure app.
Wealthsimple offers a range of investment services, including robo-advisory services that use algorithms to create customized portfolios based on a client’s risk tolerance and investment goals. They also offer socially responsible investment options that allow clients to invest in companies that align with their values.
In addition to investment services, Wealthsimple also offers a high-interest savings account, a tax-efficient account, and a joint account for couples.
Wealthsimple has won numerous awards for their innovative approach to investing, and they are recognized for their commitment to transparency and user-friendly platform.
They have a mobile app that makes it easy for clients to manage their investments and track their progress in real-time.
Overall, Wealthsimple is a popular investment platform for those who are looking for a simple and accessible way to invest their money.
💰 Compare Exchange Fees & Referral Bonuses
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+ | ||
0 - 2.5% | $0 | $0 | 37+ | ||
~0.2% | Fiat: 1% | Fiat: 0 - 1.5% | 16+ | ||
0.5 - 2.5% | Fiat: $0 | $0 | 67+ | ||
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 | |
0.21% | Variable | $0 | 1 | n/a |
🔥 How to Win a $5 to $3,000 Referral Bonus on Weathsimple
To get your referral link to send out to your friends, follow the steps below:
How do I Refer a Friend?
- Sign into the Wealthsimple app on your mobile device
- Tap on the gift icon at the top of the screen
- Tap Invite friends to view your referral link
- Share your link over text, on social or copy and paste the link

When you invite your friends to Wealthsimple, you’ll earn a randomly selected cash reward (a “Bonus”) when they sign up and fund either a Stocks & ETFs, Crypto or Managed Investing account. Your friend will also earn a randomly selected cash reward. The rewards have a value between $5 and $3,000 with an average of $10.
Related

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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