Wealthsimple vs CoinSmart
Compare where to buy or sell Bitcoin & crypto.
Affiliate Disclaimer – we earn from qualifying purchases.
Wealthsimple Fees
- Spread: ~1.5 to 2%
Funding & Withdrawal Options
- Link bank account
Cryptocurrencies: 49+
Wealthsimple Pros
- Super easy to use
- UI design
Wealthsimple Cons
- High fees
- No limit orders
- Takes 3-5 days to transfer and settle funds
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