How to buy THORChain (RUNE) in Canada

With a market cap of $197,979,435.00 USD, THORChain ranks as the 287^th largest cryptocurrency by market capitalization in the world. It operates on the Tendermint blockchain network. It is currently trading at a price of $0.56 USD per coin and trades using the cryptocurrency code RUNE.

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

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

THORChain (RUNE) summary

Current price	$0.56
All-time high	$20.87
All-time low	$0.0085
1-year price change	▼ -74.55%
Market cap	$197.98M
Market cap rank	#287
Total volume (24h)	$33.96M
Circulating supply	350,985,000
Max supply	500,000,000
Network	Tendermint
Where to buy RUNE	Buy on Kraken

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

How to buy THORChain in 5 steps

The whole process of buying RUNE 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 THORChain in Canada:

1. Compare crypto exchanges

   The easiest way to buy THORChain 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 THORChain

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

5. Secure your THORChain

   Consider transferring your RUNE 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 THORChain in Canada

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

THORChain price

The recent THORChain (RUNE) price is $0.56 USD per coin, which is -0.02% lower than the previous day's trading price of $0.56 USD. Over the past 30 days, RUNE's price has changed by +2.49%, from $0.55 USD to the current price of $0.56 USD. Compared to this time last year, THORChain's price has seen a decrease of -74.55% to its value as a cryptocurrency.

What is THORChain's all-time high?

THORChain reached its all-time high of $20.87 USD on May 19, 2021, which was a +245,064.84% increase from its previous all-time low of $0.0085 USD, which it reached on September 28, 2019. It has since landed at its current price of $0.56 USD.

Historical THORChain price chart

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

Can I buy THORChain in Canada?

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

Because THORChain 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 THORChain?

THORchain is a liquidity and interoperability system with an emphasis on facilitating secure cross-chain cryptocurrency transactions. The platform's goal is simple: build bridges to enable anyone to securely and cheaply move any asset between any blockchain.

The first part of THORchain's solution is liquidity pools, all of which are composed of RUNE tokens in combination with other assets. These pools serve as the source of swappable coins from different blockchains, while the RUNE token acts as an intermediary currency. Whenever you want to swap an asset from one blockchain to another, you have to make a trade through these pools.

The other part of THORchain's solution are nodes that provide security to the network, build bridges to supported blockchains and ensure that all transactions are broadcast to the appropriate chains. When someone makes a cross-chain transaction using the liquidity pools, the nodes see it happen and then perform the actual on-chain transactions on the user's behalf.

RUNE tokens are the native utility token of the THORchain network. As well as being a key component of liquidity pools, these tokens are also vital for the economic security of the platform and play a role in governance.

What will I need to buy THORChain?

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 THORChain 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 THORChain with a credit card?

Several crypto exchanges in Canada accept credit cards as an instant purchase method. However, before buying THORChain 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 THORChain, you could end up paying this:

• Price of RUNE: $0.56 USD
• Purchase amount: 1000 RUNE
• Estimated exchange fee (3%): $16.86 USD
• Total cost: $578.83 USD

If it took you three months to pay off your THORChain purchase at a credit card interest rate of 19.99% APR, you would pay an additional $28.93 USD in interest on top of what you originally paid to buy THORChain.

This example can help you compare the relative cost of buying THORChain 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 THORChain, or visit our guide on buying crypto with a credit card for more details.

Can I buy THORChain with a debit card?

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

To buy THORChain 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.

Is buying THORChain crypto a good investment?

Due to the volatile and risky nature of cryptocurrencies as an asset class, it is essential to do thorough research before investing. Here are the key aspects you should be aware of before adding RUNE to your investment portfolio:

• Development team: THORChain reportedly has no founder, no CEO and no board, with the platform being developed via Gitlab. The development team is nearly entirely anonymous, though the community does play an important role in the evolution of THORChain.

  Cryptocurrency projects having anonymous developers is pretty common in the ecosystem, however the THORChain team's obscurity may dissuade certain investors who want to research the developers' background and experience.

• Unique technology: THORChain implements a number of technologies that are unique to the platform in order ensure cross-chain liquidity is maintained. These include a TSS protocol, a state machine and a Bifrost Signer Module.

  While THORChain is already a novel platform, its innovative technology may provide it with an edge over potential competitors. It may be worth learning a bit more about these processes to assess if they are future-proof.

• Nodes: Nodes are pivotal to the security and operation of the THORChain network.

  There are three ways that users can set up nodes - manually, via Kubernetes or via Provider. They are rewarded with RUNE.

  Every 3 days, one (or more) nodes are 'churned', meaning that they get kicked out of the network for new node operators. Running a node on THORChain is a very complex task, and it is only recommended for those with ample experience in the blockchain and DeFi worlds.

• Price volatility: THORChain's price is largely based on speculation, meaning it can rise or fall quickly. For example, THORChain's price has decreased by -4.22% 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 THORChain purchase order or moving THORChain 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 THORChain sent to the wrong address.

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

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

Where to store your THORChain once you buy it

There are two main options for storing THORChain 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 THORChain 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 THORChain taxed in Canada?

Like all crypto, THORChain 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 THORChain can be treated as income or capital gains. That said, the CRA will tax crypto profits differently if you're a casual THORChain 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 THORChain can be risky. But if you decide to invest in THORChain, look for a regulated crypto exchange in Canada that supports RUNE, and make sure to store your crypto securely.

Once you've bought THORChain, think about your short and long-term goals. Crypto markets can be very volatile, so keep an eye on THORChain'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 THORChain in Canada

• How do I buy THORChain instantly?

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

  THORChain is currently worth $0.56 USD today. For some context, it was worth -74.55% less 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