Best Crypto Exchange with Low Fees Canada

Canada has a growing crypto community, with investors looking for low-fee exchanges to maximize their profits. Whether you’re a beginner buying Bitcoin (BTC) for the first time or an experienced trader looking for the lowest futures fees, choosing the right platform can make a huge difference.

In this guide, we’ll compare the top 10 cheapest crypto exchanges in Canada, analyze their fee structures, deposit methods, and cashback offers, and share tips on how to reduce trading costs. Let’s dive in!

1️⃣ Introduction: Finding a Low-Fee Crypto Exchange in Canada

As cryptocurrency trading grows in popularity, Canadian investors are looking for the best crypto platform in Canada that offers low fees and reliable service. Whether you’re a beginner or an experienced trader, understanding trading fees is crucial for maximizing your returns.

📌 Why Trading Fees Matter for Canadian Investors

Many traders focus on price movements and market trends, but trading fees can significantly impact profits over time. Even a small difference in fees can lead to noticeable savings, especially for active traders.

• Frequent traders can lose more money to fees without cashback or discounts.
• Lower fees mean more capital available for HODLing or reinvesting in crypto assets.
• Choosing an exchange with the lowest crypto trading fees allows for better long-term returns.

If you’re searching for cheap crypto exchanges in Canada, it’s important to compare platforms based on their spot, futures, and withdrawal fees to avoid unnecessary costs.

📌 Crypto Trading in Canada – Regulations & Accessibility

Unlike some countries where crypto regulations remain uncertain, crypto trading in Canada is legal and regulated under financial laws. The Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) oversees cryptocurrency exchanges, ensuring compliance with anti-money laundering (AML) regulations.

• Exchanges operating in Canada must register as Money Services Businesses (MSBs) to provide services legally.
• Many Canadian crypto trading platforms offer CAD deposit and withdrawal options, such as Interac e-Transfer, bank wire, and credit card payments.
• Local and global platforms cater to Canadian investors, making it easy to find an exchange that fits your needs.

While the best crypto platform in Canada depends on your trading style, regulatory compliance ensures a safer experience for users.

📌 Types of Trading Fees You Need to Know

Before choosing an exchange, it’s important to understand the different types of fees you may encounter:

• Spot Fees (Maker & Taker Fees) – Fees applied when you buy or sell crypto on the spot market. Some exchanges offer discounts when using their native tokens.
• Futures Fees – Charges associated with trading crypto derivatives, such as perpetual contracts. Low futures fees are essential for high-volume traders.
• Deposit & Withdrawal Fees – Costs related to funding your account via bank transfers, Interac e-Transfers, credit cards, and crypto withdrawals. Some exchanges offer free CAD deposits but may charge withdrawal fees.

For Canadian traders, finding an exchange with the lowest crypto trading fees and free CAD deposits can help reduce overall costs. The following sections will compare the best crypto exchanges in Canada based on their fee structures, features, and deposit options.

2️⃣ Key Factors to Consider When Choosing a Low-Fee Crypto Exchange in Canada

Choosing the best crypto platform in Canada isn’t just about finding the lowest fees—it’s also about security, liquidity, and ease of use. Before signing up, consider these key factors to ensure you’re getting the best trading experience.

📌 Trading Fees: Spot, Futures, & Margin Costs

Understanding crypto fees comparison across exchanges can save traders a significant amount over time. Most platforms charge maker and taker fees, which vary based on trading volume and VIP levels.

• Maker fees apply when you add liquidity to the order book (limit orders).
• Taker fees apply when you remove liquidity (market orders).
• Some exchanges offer discounts for staking their native tokens, such as BNB (Binance), CRO (Crypto.com), or OKB (OKX).
• Margin trading fees can add up, so always check interest rates on borrowed funds.

For traders focused on the lowest Bitcoin fees or cheapest Ethereum exchange, finding a platform with discounted spot trading rates is crucial.

📌 Deposit & Withdrawal Fees – Avoid Hidden Costs

While many Canadian crypto trading platforms offer free CAD deposits, withdrawal fees can vary.

• Interac e-Transfer, Bank Wire, and EFT are the most popular deposit methods. Many top exchanges offer zero-fee CAD deposits.
• Crypto withdrawal fees differ per exchange and can fluctuate based on network congestion.
• Some exchanges allow free internal transfers between users.

To minimize costs, traders should compare crypto deposit fees in Canada before funding their accounts.

📌 Liquidity & Trading Volume – Best for Large Trades

Liquidity is a crucial factor for traders making large-volume transactions. The deeper the order book, the less price slippage occurs.

• Binance, Kraken, and Coinbase are among the most liquid exchanges globally.
• Higher liquidity ensures better order execution and tighter spreads.
• Canadian traders dealing in large amounts of BTC or ETH should prioritize exchanges with high trading volumes.

For those making frequent trades, choosing an exchange with low slippage and deep order books can improve profitability.

📌 Regulatory Compliance & Security

Crypto exchanges operating in Canada must comply with FINTRAC (Financial Transactions and Reports Analysis Centre of Canada) regulations to ensure security and transparency.

• FINTRAC-registered exchanges are safer for Canadian users.
• Insurance policies & cold storage solutions help protect customer funds from hacks.
• Exchanges like Kraken and Gemini offer additional regulatory safeguards and security measures.

Before signing up, check if the exchange has two-factor authentication (2FA), withdrawal whitelisting, and account protection features.

📌 User Experience & Mobile App Performance

A well-designed platform can make trading easier, whether you’re a beginner or a professional trader.

• Simple UI is ideal for new users, while experienced traders may prefer advanced charting tools and order types.
• Mobile app ratings are an essential factor—traders who rely on mobile apps should look for highly rated trading apps with real-time notifications.

Some of the best Canadian crypto trading platforms offer seamless desktop and mobile experiences, ensuring smooth execution across all devices.

By considering these key factors—fees, deposit methods, liquidity, regulation, and user experience—traders can find the best crypto exchange in Canada that fits their needs. The next section will list the top 10 lowest-fee crypto exchanges for Canadian users.

3️⃣ Top 10 Crypto Exchanges with the Lowest Fees in Canada 🇨🇦

Finding the lowest-fee crypto exchange in Canada can help traders maximize profits and reduce unnecessary costs. Below is a curated list of the 10 best crypto trading platforms for Canadian users based on fees, CAD support, and overall features.

📌 1. Binance – Best Overall for Low Fees & High Liquidity

Binance remains a top choice for low trading fees, deep liquidity, and a wide range of assets.

✔️ Spot Fees: 0.1% Maker / 0.1% Taker (lower with BNB discounts).
✔️ Futures Fees: 0.02% Maker / 0.04% Taker.
✔️ CAD Support: P2P Trading & third-party deposits.
✔️ Why Binance? Offers the lowest crypto trading fees in Canada with high liquidity.

📌 2. Kraken – Best for Regulatory Compliance & Security

Kraken is one of the most trusted and regulated exchanges for Canadian users.

✔️ Spot Fees: 0.16% Maker / 0.26% Taker.
✔️ Futures Fees: 0.02% Maker / 0.05% Taker.
✔️ CAD Support: Direct bank deposits via Interac & Wire Transfer.
✔️ Why Kraken? Strong security features and FINTRAC compliance.

📌 3. Bybit – Best for Derivatives Trading

Bybit is ideal for futures traders looking for low taker fees and leverage options.

✔️ Spot Fees: 0.1% Maker / 0.1% Taker.
✔️ Futures Fees: 0.02% Maker / 0.055% Taker.
✔️ CAD Support: Limited – requires USDT deposits via crypto.
✔️ Why Bybit? Best for high-volume futures traders in Canada.

📌 4. Crypto.com – Best for Cashback & Staking Discounts

Crypto.com offers rewards, cashback, and staking discounts through CRO.

✔️ Spot Fees: 0.075% Maker / 0.075% Taker (lower with CRO staking).
✔️ CAD Support: Bank transfers & Visa card spending.
✔️ Why Crypto.com? Great for traders who stake CRO for additional fee discounts.

📌 5. KuCoin – Best for Altcoin Trading

KuCoin has one of the largest selections of altcoins with low trading fees.

✔️ Spot Fees: 0.1% Maker / 0.1% Taker (reduced to 0.08% with KCS staking).
✔️ CAD Support: P2P marketplace & third-party services.
✔️ Why KuCoin? Best for traders looking to invest in lesser-known altcoins.

📌 6. OKX – Best for Advanced Traders

OKX provides deep liquidity, derivatives, and an intuitive trading platform.

✔️ Spot Fees: 0.08% Maker / 0.1% Taker.
✔️ CAD Support: P2P trading & third-party deposits.
✔️ Why OKX? Competitive fees and liquidity for professional traders.

📌 7. Bitbuy – Best Canadian Exchange for Beginners

Bitbuy is a Canada-based exchange with easy CAD deposits and a beginner-friendly interface.

✔️ Spot Fees: 0.1% Maker / 0.2% Taker.
✔️ CAD Support: Interac e-Transfer, Bank Wire.
✔️ Why Bitbuy? One of the best regulated Canadian crypto exchanges for new users.

📌 8. Newton – Zero-Fee Trading for Canadians

Newton allows zero-fee crypto trading, but spreads may apply.

✔️ Trading Fees: No spot fees, but spreads apply.
✔️ CAD Support: Free deposits & withdrawals via Interac e-Transfer.
✔️ Why Newton? One of the best no-fee crypto exchanges in Canada.

📌 9. Shakepay – Best for Buying BTC & ETH with No Fees

Shakepay is a zero-fee platform for buying Bitcoin and Ethereum in Canada.

✔️ Trading Fees: Zero trading fees, but includes spreads.
✔️ CAD Support: Free Interac e-Transfers.
✔️ Why Shakepay? Best for quick BTC & ETH purchases without fees.

📌 10. Coinbase – Best for Ease of Use

Coinbase is the most user-friendly platform, but fees are higher.

✔️ Spot Fees: Flat 1.49% per trade (higher than competitors).
✔️ CAD Support: Credit/debit cards, Interac e-Transfers.
✔️ Why Coinbase? Best for absolute beginners who want a simple trading experience.

Final Thoughts

For Canadian crypto investors, choosing the right exchange depends on trading needs:

• Best overall low-fee exchange: Binance
• Best for security & compliance: Kraken
• Best for derivatives trading: Bybit
• Best no-fee trading platform: Newton & Shakepay

Traders looking for the cheapest Bitcoin exchange in Canada should compare fees regularly and take advantage of cashback offers.

4️⃣ How to Reduce Crypto Trading Fees in Canada

High trading fees can reduce overall profitability, especially for active traders. Below are the best strategies to minimize crypto trading fees in Canada and maximize savings.

📌 Use Cashback Referral Links – Get 10-50% Fee Rebates

Many crypto exchanges in Canada offer cashback referral programs, allowing users to get fee discounts when signing up through referral links.

✔️ Binance, Bybit, and KuCoin offer up to 50% trading fee rebates through referrals.
✔️ Some platforms provide ongoing cashback for every trade made by referred users.
✔️ This is a passive way to earn back some trading fees over time.

📌 Join VIP or Volume-Based Discount Programs

Most exchanges have VIP tiers where higher trading volume leads to lower fees.

✔️ Binance VIP program reduces spot trading fees as low as 0.02% for large traders.
✔️ Kraken Pro and OKX VIP tiers lower both maker and taker fees with increased trading activity.
✔️ Volume-based discounts help serious traders save on long-term trading costs.

📌 Use Native Exchange Tokens for Discounts

Many platforms allow users to pay fees with their native tokens, offering discounts.

✔️ Binance (BNB) – 25% discount on spot trading fees.
✔️ Crypto.com (CRO) – Up to 50% fee reduction when staking CRO.
✔️ KuCoin (KCS) – 20% lower fees when paying with KCS.
✔️ OKX (OKB) – Additional savings for holding and using OKB tokens.

Tip: Holding exchange tokens is an easy way to reduce trading fees automatically.

📌 Trade on Fee Discount Days & Zero-Fee Promotions

Some platforms offer limited-time trading fee promotions for specific assets or events.

✔️ Binance and Bybit frequently offer zero-fee trading for Bitcoin (BTC) spot pairs.
✔️ Kraken and Crypto.com run seasonal discounts where trading fees are temporarily reduced.
✔️ Keeping track of exchange announcements helps traders take advantage of these promotions.

Final Thoughts

Reducing crypto trading fees in Canada is possible by using cashback links, VIP programs, exchange tokens, and promotional events. Traders should compare platforms regularly to find the lowest fee crypto exchange in Canada that fits their needs.

5️⃣ FAQs: Common Questions About Low-Fee Crypto Exchanges in Canada 🇨🇦

Here are the most frequently asked questions about finding the best low-fee crypto exchange in Canada and how to save on trading costs.

Final Tip:

Always check deposit, withdrawal, and trading fees before selecting an exchange to ensure you’re using the best low-fee crypto platform in Canada.

6️⃣ Conclusion: Which Crypto Exchange is Best for Canadians? 🇨🇦

📌 Best Overall Low-Fee Exchange: Binance
📌 Best for Futures Trading: Bybit
📌 Best for Beginners & CAD Deposits: Bitbuy
📌 Best for Zero-Fee Trading: Newton & Shakepay

🔥 Final Tip: Always compare fees, deposit methods, and cashback offers before selecting an exchange!

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