In Canada, the adoption of Bitcoin and other cryptocurrencies has been steadily increasing. With Bitcoin’s price on the rise, more and more users are actively searching for reliable ways to buy Bitcoin in Canada using their local currency.

The good news is that there are multiple cryptocurrency exchanges catering to Canadian users, offering a variety of payment methods such as bank transfers, Interac e-Transfers, credit cards, and even prepaid vouchers.

But to get the best experience, it’s important to choose a platform that offers competitive fees, strong security measures, and fast transaction processing.

Choosing the right platform is crucial for ensuring smooth and secure Bitcoin purchases. Factors like regulatory compliance, customer support, ease of use, and payment flexibility can make a big difference in your crypto buying journey.

To make the process simple, Cryptoswami.com has compiled a list of the top nine platforms to buy Bitcoin in Canada, highlighting their features, pros and cons, and overall user experience.

Here are 9 Platforms to Buy Bitcoin in Canada

The best platforms to buy Bitcoin in Canada in 2025 include Bitbuy, Shakepay, Paybis, MyBTC.ca, Changelly, SimpleSwap, Bybit, NDAX, and BullBitcoin. These exchanges offer secure transactions, multiple payment methods, low minimum buys, and competitive fees, making it easy for Canadians to purchase BTC directly with Canadian dollars.

Here’s a list of the Top 9 Bitcoin exchanges in Canada (as of August 2025) known for reliability, security, and flexible payment options, based on user experience, transaction fees, and platform features.

Bitbuy

Bitbuy is one of the most trusted cryptocurrency exchanges in the country, making it a top choice for anyone looking to buy Bitcoin in Canada. Founded in 2016, Bitbuy has grown to serve over one million registered users across the nation.

The platform is fully regulated, operating under the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC). It is also registered with the Ontario Securities Commission (OSC) and Canadian Securities Administrators (CSA) as an approved crypto asset trading platform, ensuring compliance and security for Canadian traders.

Bitbuy offers over 45 cryptocurrencies for buying and selling, with a minimum trade requirement of just 50 CAD. To buy Bitcoin in Canada on Bitbuy, you’ll need to:

Create a free Bitbuy account.

• Complete KYC (Know Your Customer) verification.
• Deposit Canadian dollars using methods like Interac e-Transfer or bank wire.
• Place your order to buy Bitcoin or any other supported cryptocurrency.

The exchange provides both simple trading for beginners and advanced trading tools for experienced users. Bitbuy also offers a mobile app for iOS and Android, allowing you to trade on the go with a smooth, user-friendly interface.

Payment Methods: Bank wire, credit and debit card, Apple Pay, and Interac E-Transfer.

Shakepay

If you’re still searching for an easy and reliable way to buy Bitcoin in Canada, Shakepay might be the perfect choice. This Canada-based money app functions as both a crypto wallet and a simple trading platform, allowing users to buy, send, and receive both Bitcoin and fiat currency with ease.

Like Bitbuy, Shakepay is regulated by the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC), giving users peace of mind when trading. The platform is especially popular for its beginner-friendly interface and fast transactions through Interac e-Transfer.

With a minimum buy amount of just $5, Shakepay makes it easy for Canadians to start investing in Bitcoin or Ethereum without committing large amounts of capital. Users can access Shakepay via its mobile app or web platform, though it lacks advanced trading features, which can be a plus for those who prefer simplicity.

Payment Methods: Interac e-Transfer and bank wire.

Paybis

Paybis is a Poland-based cryptocurrency exchange that offers Canadians a convenient way to buy Bitcoin in Canada using credit cards, debit cards, and even AstroPay.

Known for its speed and flexibility, Paybis allows users to purchase over 50 different cryptocurrencies through various payment methods, with funds sent directly to their personal crypto wallets.

One of Paybis’s standout advantages is its transparent and competitive fee structure. Fees are generally lower than many competitors, but they can vary depending on factors like the chosen payment method, purchase amount, and blockchain network conditions.

The exact fee breakdown is displayed during the buying process, ensuring there are no surprises.

Paybis is particularly appealing for those who want quick, direct crypto transfers without holding funds on an exchange.

Payment Methods: Credit and debit cards, Revolut Pay and SWIFT transfer.

Mybtc

If you want to buy Bitcoin in Canada directly through your local bank, MyBTC.ca is a convenient choice. This Canada-based platform supports six major Canadian banks and offers four different payment methods, making it easy to purchase Bitcoin or Ethereum without complicated processes.

Getting started is simple; just create a free account, select your preferred payment method, enter the amount you want to spend, and complete your purchase. MyBTC.ca allows you to start with as little as 20 CAD per day, depending on your chosen payment method.

Fees vary, with the lowest starting at 4.75% for bank transfers, but the platform’s direct banking support makes it a preferred option for those who value speed and convenience when buying crypto in Canada.

Payment Methods: Interac e-Transfer, bank transfer, credit card, and Flexepin Voucher.

Changelly

If you want to buy Bitcoin in Canada but prefer not to store your coins on an exchange, Changelly is an excellent choice. Founded in 2015, Changelly is known for its fast, intuitive, and hassle-free crypto exchange service.

Unlike many platforms, Changelly doesn’t require you to create an account to complete a purchase. Instead, during the buying process, it simply asks for your Bitcoin wallet address and sends your purchase directly there. This non-custodial approach means you remain in full control of your crypto at all times, reducing security risks associated with storing assets on centralized platforms.

Changelly also supports a wide range of cryptocurrencies, allowing Canadians to quickly exchange or purchase crypto using credit/debit cards and other payment options, with no need to keep funds on the platform.

Payment methods: Visa, Simplex, Transak, Moonpay, Google Pay, and Apple Pay.

SimpleSwap

SimpleSwap is a no-registration cryptocurrency exchange designed to make it quick and easy to buy Bitcoin in Canada. The platform removes sign-up requirements, trading limits, and unnecessary complications, offering a smooth experience for crypto users of all skill levels.

To get started, simply select your preferred payment method, enter the amount you want to purchase, and provide your Bitcoin wallet address. Your Bitcoin will be sent directly to your wallet, allowing you to skip the lengthy verification and storage processes common on traditional exchanges.

SimpleSwap also offers both floating and fixed exchange rates, giving you flexibility depending on market volatility.

For fiat-to-crypto purchases, the platform charges a flat fee of 4.95%, making costs predictable.

Payment Methods: Only Mercuryo Visa and MasterCard are accepted.

Bybit

Bybit is one of the world’s leading cryptocurrency derivatives exchanges, but it also offers Canadians an easy way to buy Bitcoin in Canada through various payment options, including P2P (peer-to-peer) trading, credit/debit cards, and bank transfers.

With a minimum purchase of just 15 CAD. Beyond simply buying Bitcoin, Bybit provides advanced trading features such as futures contracts, margin trading, and staking options, allowing users to maximize the potential of their Bitcoin holdings.

The platform is known for its high liquidity, competitive fees, and professional-grade trading interface, making it a strong choice for those who want more than just a simple buying experience.

Payment Methods: Bank card, Gpay, Moonpay, Banxa, Mercureyo, P2P.

NDAX

NDAX is a secure, Canada-based cryptocurrency platform that makes it easy for users to buy Bitcoin in Canada. Designed with both beginners and experienced traders in mind, NDAX offers a safe, regulated environment for crypto trading.

One of its standout features is the ability to set up recurring buys for assets like Bitcoin and Ethereum, allowing users to automate their purchases and build their portfolio over time. This dollar-cost averaging approach helps reduce the impact of market volatility.

NDAX also claims to charge zero fees when buying Bitcoin using Interac e-Transfers or wire transfers, making it one of the more cost-effective options for Canadians.

Payment Methods: Interac e-transfer, wire transfer, bank draft.

BullBitcoin

If you want to buy Bitcoin in Canada while maintaining full custody of your coins, Bull Bitcoin is a strong choice.

The platform stands out by charging no fees for Bitcoin purchases under 100 CAD, making it attractive for smaller or frequent buys. Being non-custodial, Bull Bitcoin never holds your coins; purchases are sent directly to your personal Bitcoin wallet, ensuring you remain in complete control of your assets.

In addition to buying Bitcoin, Bull Bitcoin also offers a payment service that lets users send receipts and pay bills using cryptocurrency, adding extra utility beyond trading.

Payment Methods: e-mail money transfers, wire transfers, and Desjardins transfers.

Conclusion

You can choose any of the crypto exchanges to buy bitcoin in Canada, but make sure they fully fill your needs. After buying your bitcoin, store it in a safe place, but if you want to trade, then choose the platform wisely.

Security must be your first priority when choosing a platform, followed by a fee and payment method.

Remember, investing in cryptocurrency carries risks, so it’s important to be cautious and informed in your decision-making.

If you ever use these platforms or know better than them, then tell us. Also, have you ever bought bitcoin or are you still looking how to buy bitcoin in Canada?