How to buy BNB (BNB) in Canada

With a market cap of $122,905,457,934.00 USD, BNB ranks as the 4^th largest cryptocurrency by market capitalization in the world. It operates on the Binance Smart Chain blockchain network. It is currently trading at a price of $901.32 USD per coin and trades using the cryptocurrency code BNB.

BNB is a highly volatile asset capable of major price swings in a single day. So before you buy BNB, make sure you understand these unique risks as well as its tax and legal status in Canada.

If you want to buy BNB in Canada or track its performance, keep reading to see the latest BNB price, market cap and trading volume along with a step-by-step guide on how to invest in BNB crypto in Canada.

BNB (BNB) summary

Current price	$901.32
All-time high	$1,369.99
All-time low	$0.040
1-year price change	▲ +34.09%
Market cap	$122.91B
Market cap rank	#4
Total volume (24h)	$1.34B
Circulating supply	136,360,289
Max supply	200,000,000
Network	Binance Smart Chain
Where to buy BNB	Buy on Kraken

All monetary values in this table are in USD and were last updated on January 28, 2026.

How to buy BNB in 5 steps

The whole process of buying BNB can take as little as 15 minutes, and all you need is a smartphone or computer, an internet connection, photo identification and a means of payment. Follow these five steps to learn how to buy BNB in Canada:

1. Compare crypto exchanges

   The easiest way to buy BNB is through a cryptocurrency exchange. Choose an exchange that offers low fees, a user-friendly platform or 24-hour customer support. You can easily see top picks in our guide to the best crypto exchanges in Canada, or compare options below.

2. Create an account

   To create an account on an exchange, you will need to provide an email address, come up with a strong password and verify your identity through a process called KYC, which requires government-issued photo ID.

3. Make a deposit

   Once verified, you can deposit CAD using the payment method that best suits you. Common methods like Interac e-Transfer, bank wire and debit card payments are widely accepted on Canadian-friendly exchanges.

4. Buy BNB

   You can now exchange your funds for BNB. On beginner-friendly exchanges, this is as simple as searching for the coin name (BNB) or its crypto code (BNB), entering the CAD or BNB amount you want to purchase and clicking "Buy."

5. Secure your BNB

   Consider transferring your BNB to help protect against hacks, scams, platforms going bankrupt and other risks of keeping crypto on an exchange.

Dive deeper: Our guide to how to trade crypto

Where to buy BNB in Canada

We've curated a list of legitimate crypto exchanges below where you can buy BNB in Canada to help you compare deposit methods, supported fiat currencies and fees.

BNB price

The recent BNB (BNB) price is $901.32 USD per coin, which is +2.26% higher than the previous day's trading price of $881.39 USD. Over the past 30 days, BNB's price has changed by +6.02%, from $850.17 USD to the current price of $901.32 USD. Compared to this time last year, BNB's price has seen an increase of +34.09% to its value as a cryptocurrency.

What is BNB's all-time high?

BNB reached its all-time high of $1,369.99 USD on October 13, 2025, which was a +3,440,555.79% increase from its previous all-time low of $0.040 USD, which it reached on October 19, 2017. It has since landed at its current price of $901.32 USD.

Historical BNB price chart

You can use this chart to track BNB price performance over time.

Can I buy BNB in Canada?

Yes, you can buy BNB in Canada. Simply open an account with a crypto exchange that operates in Canada and supports BNB—like the ones in our curated list above—and place a "buy" order. For example, Kraken supports BNB and is a registered crypto exchange in Canada.

Because BNB is decentralized, it isn't tied to any single country. That means you can buy and sell it from anywhere in the world, including Canada, as long as you have internet access.

What is BNB?

Binance Coin (BNB) is a utility coin created by the world's largest trading-volume crypto exchange, Binance.

BNB interacts with and allows developers to build on the layer-1 blockchain known as the BNB Smart Chain. The Binance exchange also uses it to promote discounted trading fees as an incentive to holders.

With hundreds of decentralized applications (dapps) built on its infrastructure, BNB Smart Chain has fast become one of the most popular ecosystems for developing DeFi protocols, play-to-earn games and NFT marketplaces.

BNB utilizes a hybrid consensus mechanism known as proof-of-stake authority (PoSA). Holders must stake a minimum of 10,000 BNB to be selected as validators. The PoSA consensus uses significantly fewer validators than the Ethereum blockchain, which has led to concerns about the decentralization of the BNB network.

What will I need to buy BNB?

To create an account with your chosen crypto platform, you only need an email address or mobile number. This will usually allow you to deposit cryptocurrency, but not CAD.

If you want to buy BNB with Canadian dollars, you'll need to pass a Know Your Customer (KYC) check.

This is a standard security procedure for most exchanges in Canada and requires you to upload government-issued photo ID, and, in some cases, a selfie with today's date.

KYC is usually approved instantly, but in rare cases, you may have to wait a few hours or days.

Can I buy BNB with a credit card?

Several crypto exchanges in Canada accept credit cards as an instant purchase method. However, before buying BNB with a credit card, you should be aware of the additional cost and risks involved.

For instance, credit card fees are usually higher than bank transfers or e‑Transfers. Some card issuers may even block cryptocurrency transactions or treat them as cash advances, which are more expensive. Plus, if you don't pay off your credit card within your statement period, you may end up paying interest on your card balance and losing money if the price moves quickly.

For example, if you were to use a credit card to buy BNB, you could end up paying this:

• Price of BNB: $901.32 USD
• Purchase amount: 1 BNB
• Estimated exchange fee (3%): $27.04 USD
• Total cost: $928.36 USD

If it took you three months to pay off your BNB purchase at a credit card interest rate of 19.99% APR, you would pay an additional $46.39 USD in interest on top of what you originally paid to buy BNB.

This example can help you compare the relative cost of buying BNB with a credit card versus other lower‑fee methods like Interac e-Transfers.

You can check the table of Canadian crypto exchanges above to see which ones accept credit cards for buying BNB, or visit our guide on buying crypto with a credit card for more details.

Can I buy BNB with a debit card?

Yes, it is possible to buy BNB with a debit card, as most Canadian crypto exchanges accept debit cards as an instant payment method.

To buy BNB with a debit card, you'll typically need to go through the standard steps to purchase crypto on your preferred platform and then select debit from the list of payment options (e.g. Interac e-Transfer, debit card, credit card) before completing your purchase.

Just note that there are often higher fees for crypto purchases with cards (both debit and credit) compared to paying with Interac e-Transfer or with another cryptocurrency.

Where could BNB's price be heading?

Binance Coin should see its price rise before the end of 2022 and be worth $274, according to Finder's panel of fintech specialists. And the panel expects BNB's price to continue to grow, closing out 2025 at $781 and surging to $1,814 by the end of 2030.

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Is buying BNB crypto a good investment?

When deciding whether or not to invest in BNB, here are a few things worth considering

• Utility: If you're a frequent user of the Binance exchange then you may want to pick up some BNB, regardless of its price movement. Holding BNB on the exchange allows you to get discounts on your trading fees, as well as participate in Launchpad events.

  You can even stake BNB to earn interest.

• Burn: BNB is a deflationary asset which means the supply will reduce over time. Deflationary assets are expected to rise in value as a result - but only if the demand is there.
• DeFi: Binance Smart Chain (BSC) has become one of the most popular blockchains for DeFi thanks to its extremely low-fees, and compatibility with Ethereum smart contracts and dapps.

  A huge range of services are available, including earning protocols, decentralised exchanges and blockchain-based games. If you plan to use BSC you will need some BNB to pay for gas fees as well as participate in the various DeFi services available.

• Price volatility: BNB's price is largely based on speculation, meaning it can rise or fall quickly. For example, BNB's price has increased by 2.07% in just the last seven days.

• Transactions can't be reversed: Once you submit a transaction to the crypto network, it can't be cancelled or reversed. Double-check the receiving address before submitting a BNB purchase order or moving BNB off an exchange. One good way to do this is to verify the first and last four digits of the wallet address before sending. There is no way to refund BNB sent to the wrong address.

• Regulatory uncertainty: The regulatory environment for BNB and other cryptocurrencies is constantly changing. It's important to understand how international rulings have the potential to impact BNB's future—for better or worse.

Dive deeper: Learn about common crypto scams and legit exchanges in Canada

Where to store your BNB once you buy it

There are two main options for storing BNB once you've bought it—keep it on an exchange or store it in your own personal wallet. Take a look at our guide to the best crypto wallets in Canada to see our top picks.

While it can be more convenient to leave your BNB on an exchange, you're vulnerable to risk if the exchange gets hacked or compromised in another way.

It's generally much safer to store your crypto on a software or hardware wallet, which gives you full control and custody of your coins.

How is BNB taxed in Canada?

Like all crypto, BNB is considered a commodity for tax purposes by the Canada Revenue Agency (CRA). That means it will be taxed similarly to other investments like stocks and ETFs.

Money you get from selling BNB can be treated as income or capital gains. That said, the CRA will tax crypto profits differently if you're a casual BNB buyer than if your crypto profits are classified as business income.

You can learn more about how crypto taxes work in our guide to crypto tax in Canada.

Bottom line

Keep in mind that buying BNB can be risky. But if you decide to invest in BNB, look for a regulated crypto exchange in Canada that supports BNB, and make sure to store your crypto securely.

Once you've bought BNB, think about your short and long-term goals. Crypto markets can be very volatile, so keep an eye on BNB's price over time to decide whether to keep it on an exchange, sell it or move it to your wallet.

Frequently asked questions about buying BNB in Canada

• How do I buy BNB instantly?

  You can quickly purchase BNB on trading platforms like Kraken or Paybis. If you already have a funded account with an exchange like this, then you can buy BNB instantly.

  Otherwise, many crypto exchanges also offer an "instant buy" feature using a credit card. However, be warned that this comes with higher fees and other added risks. Use our list of exchanges to look for a platform that offers various types of deposits to get started.

• What is BNB worth today?

  BNB is currently worth $901.32 USD today. For some context, it was worth +34.09% more a year ago.

• How are crypto exchanges regulated in Canada?

  Crypto exchanges operating in Canada are required to register with the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC). This agency safeguards the Canadian financial system by working to prevent money laundering, terrorist financing, and other financial crimes.

  Many crypto trading platforms in Canada have taken the added step of registering with the Canadian Securities Administrators (CSA), which creates and enforces policies designed to help protect investors from unfair and fraudulent market activity.

  Exchanges that are registered with the CSA and FINTRAC are:

  • Subject to federal regulation and laws
  • More likely to offer regional customer support
  • More likely to support CAD transactions and local payment methods like EFTs and bank transfers