Bitrue Canada exchange alternatives

Bitrue is a popular crypto exchange where users can trade over 700 cryptocurrencies with competitive fees. It’s easy to use, supports spot and futures trading, and also comes with a mobile app. So, you might be wondering, can I use Bitrue in Canada?

Is Bitrue available in Canada?

No, Bitrue does not provide services to Ontario (Canada), according to its Terms of Use. In fact, several regulatory bodies in Canada have warned about using Bitrue in Canada because it is unregistered.

In 2022, both the Ontario Securities Commission (OSC) and Quebec’s Autorité des marchés financiers (AMF) issued investor warnings or alerts about Bitrue.

The OSC warned that Bitrue is not registered in Ontario to engage in the business of trading in securities, while the AMF announced that Bitrue is not registered with the AMF and is not authorized to solicit investors in Quebec.

Bitrue alternatives in Canada

Although Canadians can’t use Bitrue, the good news is that there are several legit Bitrue alternatives you can use in Canada, including the five listed below.

Finder Score	Cryptocurrencies	Fiat currencies	FINTRAC registered
Coinbase
9.7Excellent Coinbase Finder Award	9.7Excellent	288	1		Go to site Capital at risk More info Compare product selection Compare	loading	Why we like it Coinbase is one of the largest crypto exchanges in the world by trading volume. You can deposit funds for free via Interac e-Transfer, and instantly purchase crypto via debit. It offers a user-friendly platform and highly-rated mobile app. Coinbase also offers the option to earn crypto rewards by watching learning videos and completing quizzes. Pros & cons Pros Easy signup process Trade 280+ cryptos Free e-transfer deposits Instant withdrawals to most banks Discounted volume pricing with Coinbase Advanced Registered with the Canadian Securities Administrators (CSA) and Ontario Securities Commission (OSC) Cons Only hold CAD in Canadian accounts No credit card purchases in Canada No margin, futures or options trading in Canada
Kraken
8.8Great Kraken	8.8Great	381	7		Go to site Capital at risk More info Compare product selection Compare	loading	Why we like it Kraken is a well-known name in the crypto world, having been first established in 2011. This global platform lets you trade over 300 cryptocurrencies, offering a simple trading platform for crypto beginners as well as Kraken Pro for advanced traders. There's also a user-friendly mobile app available if you want to trade from your smartphone. Pros & cons Pros One of the world's oldest crypto exchanges Access a wide range of cryptos 24/7 customer support Good for beginners as well as advanced traders Cons Low Trustpilot user ratings You'll find lower fees on other platforms
Paybis
7.7Great Paybis	7.7Great	83	50		Go to site Capital at risk More info Compare product selection Compare	loading	Why we like it If you're searching for a platform that makes it quick and easy to buy crypto as a newbie, Paybis is worth a closer look. This global exchange offers a simple user interface that allows you to buy crypto with fiat currency, and you can also buy via a highly rated mobile app. With 24/7 support available, help is at hand if you have any questions. Pros & cons Pros Beginner friendly Supports a wide range of deposit methods Quick and easy to use Multiple payment options available Cons You can only sell a limited range of cryptos Other platforms have lower fees Paybis Wallet is not available in Canada
VirgoCX
7.3Great VirgoCX	7.3Great	45	2		Compare product selection Compare	loading	Why we like it Founded in 2018, VirgoCX is a Canadian crypto trading platform based in Toronto. This user-friendly platform offers free cash deposits and withdrawals and is designed to offer a quick and easy crypto buying experience for users. There are over 85 cryptos to trade on VirgoCX, and the platform is authorized to do business with Canadians by the CSA. Pros & cons Pros Canadian crypto exchange User-friendly platform Free deposits and withdrawals Multilingual support Cons Spreads of 0.95% to 1.60% Watch out for fees for credit and debit card deposits Not as many cryptocurrencies as some other platforms

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What is the Bitrue crypto exchange platform?

Bitrue is a Seychelles-based crypto trading platform. Founded in 2018, it offers users the following features.

Buy over 700 cryptocurrencies

You can trade over 700 cryptocurrencies on the Bitrue platform. Available digital assets include popular coins and tokens like bitcoin, ethereum, tether and XRP, as well as a long list of altcoins. Spot, leverage and futures trading are all available, while there’s also a copy trading feature if you want to follow the moves of top traders.

Bitrue fees

As of January 2025, Bitrue charges spot trading fees of 0.098% on BTC, ETH and USDT trading pairs. XRP/BTC, XRP/USDT, XRP/ETH have spot trading fees of 0.196%, while other XRP trading pairs attract a fee of 0.280%.

Trade online or via a mobile app

You can buy and sell crypto via a user-friendly online platform or mobile app available on iOS and Android devices. As of January 2025, the app has an average score of 4.3/5 on Google Play and the Canadian Apple App Store.

Bitrue Earn

Bitrue offers a range of products for users who want to earn additional crypto. It supports staking if you want to earn passive income from your crypto holdings, while its Power Piggy rewards program allows users to earn interest rewards by staking specific digital currencies.

Bitrue Coin

Bitrue also offers its own cryptocurrency, Bitrue Coin (BTR). Users can take advantage of a 20% discount when they pay transaction fees with BTR, plus they can use BTR for staking, voting and earning rewards.

Is Bitrue legal in Canada?

In October 2022, the Ontario Securities Commission (OSC) issued an investor warning for Bitrue, announcing that the platform is not registered in Ontario to engage in the business of trading in securities.

Similarly, Quebec’s Autorité des marchés financiers (AMF) issued an investor alert in December 2022 announcing that Bitrue is not registered with the Autorité des marchés financiers (AMF) and is not authorized to solicit investors in Quebec.

Can you use Bitrue in Canada?

Given the above warnings from securities regulators in Ontario and Quebec, consider using other cryptocurrency exchanges in Canada. The five platforms listed above are a great starting point for anyone looking for an alternative crypto exchange in Canada.

If you live in a country where Bitrue offers services, you can still access your Bitrue account while visiting Canada. However, you may need to use a VPN to do so.

What country is Bitrue located in?

Bitrue is headquartered in Seychelles and is available in most countries around the world.

However, according to its Terms of Use, Bitrue does not offer its services to users in the following regions:

• Ontario (Canada)
• United States
• North Korea
• Iran
• Mainland China
• Hong Kong Special Administrative Region
• Cuba
• Syria
• Certain countries or regions restricted by the US Department of Treasury’s Office of Foreign Assets Control

Bottom line

If you’re looking for Bitrue alternatives in Canada, you’re spoiled for choice. Make sure you develop a clear idea of what you want in a platform—supported currencies, low fees, deposit and withdrawal methods, trading tools and more—and then compare a wide range of crypto exchanges to find one that meets your needs.

Frequently asked questions about Bitrue

• What organizations regulate crypto in Canada?

  The main authorities in charge of regulating crypto in Canada are the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) and the Canadian Securities Administrators (CSA). Money services businesses that deal with digital currencies must register with FINTRAC, report specific transactions and meet Know Your Customer (KYC) requirements.

  The CSA provides guidance about the regulation of crypto assets in Canada and provincial securities regulators such as the Ontario Securities Commission (OSC) and Quebec's Autorité des marchés financiers (AMF) ensure that crypto exchanges comply with CSA guidance.

• What does Bitrue mean?

  Bitrue is a cryptocurrency exchange where users can trade more than 700 cryptocurrencies. Headquartered in Seychelles, Bitrue provides spot and futures trading, competitive fees and a mobile trading app.

• Is Bitrue allowed in the US?

  No, Bitrue is not available in the US. Bitrue's Terms of Use lists the United States as a region where the crypto exchange does not offer services.

Written by

Tim Falk

Writer

Tim Falk is a freelance writer for Finder. Over the course of his 20-year writing career, he has reported on a wide range of personal finance topics. Whether you're investing in stocks and ETFs, comparing savings accounts or choosing a credit card, Tim wants to make it easier for you to understand. When he’s not staring at his computer, you can usually find him exploring the great outdoors. See full bio

Tim's expertise

Tim has written 509 Finder guides across topics including:

• Banking
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