In our latest guide to crypto in Canada, CoinMarketCap takes a look at some of the best crypto apps in Canada right now.
The Canadian government takes a relatively positive stance towards cryptocurrencies and blockchain, posing few barriers to citizens who wish to invest in digital currencies. Moreover, nearly all the world’s leading crypto exchanges are available to use in Canada, offering investors a high level of flexibility and choice when it comes to where they want to buy, hold and trade their coins. Almost every crypto exchange offers traders a mobile application that they can use in order to keep up to date with their portfolio, view price activity, make trades, transfer crypto, etc.
Every app provides a slightly different user experience and many have unique aspects that will suit some investors better than others. CMC Academy has compared the best crypto apps that Canadian citizens can download and use daily for a wide variety of investor needs.
Best Crypto Trading Apps in Canada
The following list covers the best apps out there for Canadian investors who want to keep up to speed with crypto market trends and even make trades on the go.
Binance App Canada
Binance is the world’s largest crypto exchange by daily traded volume. The Binance app offers users a way to access information about their holdings and make trades via a very user-friendly interface. Binance supports advanced trading options that are available on both its web platform and app, yet equally manages to provide an uncluttered interface for those investors simply looking to buy and hold their assets.
Binance supports a variety of fiat currencies for deposits, including CAD transfers from users’ bank accounts and debit or credit cards. The exchange offers one of the most comprehensive app packages out there, enabling users to check in on their holdings, make trades, and stay informed on the go. The main Binance app is available for iOS and Android phones via the Google Play and Apple App stores. The exchange also offers an education-focused app called Binance Academy, designed for those looking to expand their blockchain and crypto knowledge.
Bitbuy App Canada
Bitbuy is a well-established Canadian crypto exchange that offers users a simply designed app that can Canadian investors can use to view their order book, make CAD deposits and withdrawals, and monitor their portfolios. The Bitbuy app also provides specific trading options for savvier investors, such as market and limit orders.
Users are able to trade eight different cryptocurrencies, including Bitcoin (BTC), Ether (ETH) and XRP. Reviews for the app broadly indicate a positive customer support experience in most cases.
Coinberry App Canada
Coinberry is the other leading Canada-based crypto exchange. The Coinberry app’s user interface is extremely clean and intuitive to use. The exchange provides high liquidity and very fast refresh rates for crypto pricing information. Moreover, transaction speeds are very fast for deposits, transfers, purchases and withdrawals. The app also offers a secure login option with two-factor authentication.
Coinberry does not charge fees for deposits or withdrawals, making it an attractive option to Canadian investors looking to minimize any extra expenses as they trade. Coinberry is also one of the most trustworthy Canadian exchanges from a regulatory perspective, as it is registered with the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) and is compliant with the Personal Information Protection and Electronic Documents Act (PIPEDA).
Coinbase App Canada
Coinbase is a United States-based exchange that operates internationally and is becoming one of the largest crypto trading platforms and apps in the world. The Coinbase app is known for having one of the cleanest user interfaces, offering users the chance to view all their holdings and daily activity in the home tab. Coinbase users can easily buy, sell and convert cryptos via the mobile app. The app includes other functions, such as viewing crypto prices (even for non-supported coins), learning about crypto, earning rewards and viewing the latest news headlines for each currency.
Gemini App Canada
Gemini is another international exchange based in the United States that offers a great mobile app. With Gemini, Canadian crypto investors are able to choose between 45 different coins. The Gemini app offers a perfect user experience for beginner investors looking for a simple and secure way to keep an eye on their crypto holdings and make trades on the go. Price notifications, auto-buys and other tools make it simple to monitor and invest in digital assets. The exchange is very secure and compliant and is regulated by the New York Department of Financial Services.
The Gemini app seeks to make things as easy as possible for crypto users, providing a very fast verification process, easy account linking to deposit CAD and quick transfers. The Gemini app is therefore a solid choice for Canadians looking to begin investing in crypto.
Kraken App Canada
Kraken is a well-designed United States-based platform and app that is available for use in Canada. The app features a simple design that makes it easy to navigate for monitoring crypto assets’ performance, trading, or sending crypto to other wallets. Kraken accepts CAD, making it easy for Canadian users to view prices in CAD and make quick transactions. Kraken Pro is an advanced app for subscribing users who are looking for more tools and features,such as margin trading, stop-loss orders and other advanced techniques.
Kraken combines a simple user interface with a variety of tools, making it one of the best cryptocurrency apps out there for Canadian users. The app is available for iOS and Android phones via the Apple App and Google Play stores.
CoinMarketCap App Canada
The CoinMarketCap app is a highly useful, free tool for both budding and experienced crypto investors. The app allows users to set custom price alerts, browse news headlines for chosen currencies, calculate conversion rates, and read analyses and blog posts by crypto experts. CoinMarketCap remains the most cited source for crypto information and pricing worldwide.
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