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
9.5Excellent Coinbase	9.5Excellent	288	1		Buy your first crypto and get $10 in BTC with code BTCCA10. Canadian users only. T&Cs apply.	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. Coinbase offers a user-friendly platform and highly-rated mobile app. One perk Coinbase offers that Bitrue does not is the option to earn crypto rewards by watching learning videos and completing quizzes. Pros & cons Pros Easy signup process Trade BTC, ETH, ADA, SOL, DOT, LTC and 280+ more 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
9.5Excellent Kraken	9.5Excellent	379	7		Earn rewards by holding USDC on Kraken. All Kraken users earn 1.75%, while Kraken+ members earn 4.25%. Rewards accrue automatically based on your USDC balance. T&Cs apply.	Go to site Capital at risk More info Compare product selection Compare	loading	Why we like it Founded in 2011, Kraken is one of the world's oldest crypto exchanges. Like Bitrue, it's available in a long list of countries (190+) and supports a wide range of cryptocurrencies, including BTC, ETH, SOL, USDC, XRP, ADA, SHIB, AVAX, TRX, BCH and 600+ more. It also provides 24/7 customer support if you need help or have a problem with your account. Pros & cons Pros Established, long-standing exchange Great Finder Score Trade hundreds of cryptos Easy to use 24/7 customer support Cons Low user ratings on Trustpilot You can find lower fees on other exchanges
KOHO
8.2Great KOHO Crypto Exclusive	8.2Great	14	1		Finder exclusive: New users get $40 using code FINDER4026. T&Cs apply.	Go to site Capital at risk More info Compare product selection Compare	loading	Why we like it While KOHO is most widely known for its high-interest savings plans, it has expanded its offerings to include crypto trading. Backed by Ndax, KOHO now allows users to buy and sell BTC, ETH, XRP, DOGE and 15+ more cryptocurrencies. You can buy crypto using funds directly from your KOHO account, eliminating the need to shuffle funds around for each trade. Pros & cons Pros Transparent fee structure with no hidden spreads Crypto assets are held in cold storage and regulated custodial arrangements Held crypto may be insured Earn interest on your CAD balance through KOHO's standard plan Set up scheduled crypto purchases and price alerts Cons KOHO plans come with a monthly or annual fee Limited number of coins to purchase Trades can cost 0.5% to 1.5% Supports fewer cryptos compared to Bitrue
Paybis
7.9Great Paybis	7.9Great	83	50		Compare product selection Compare	loading	Why we like it Paybis is a global exchange that makes it quick and easy to buy crypto using your credit or debit card. Like Bitrue, this popular platform boasts a wide global reach, offering its services in over 180 countries and supporting BTC, ETH, XRP, ADA, DOGE and 70+ more cryptocurrencies. It also offers a user-friendly mobile trading app. Pros & cons Pros Beginner friendly Good user rating on Trustpilot Founded in 2014 24/7 live support Global platform Cons You'll find cheaper fees elsewhere You can only sell a limited range of coins Advanced traders might prefer a platform with more advanced features
VirgoCX
8.2Great VirgoCX	8.2Great	45	2		Get a $20 bonus when you open a new account and deposit $100+. T&Cs apply.	Compare product selection Compare	loading	Why we like it Founded in 2018, VirgoCX is a Canadian crypto exchange where you can trade USDC, BTC, ETH, LTC, SOL, DOGE and 35+ more cryptocurrencies. It's quick and easy to sign up and buy crypto online or via the app, and supported payment methods include Interac e-Transfer, wire transfer, bill payment, credit card and debit card. Plus, if you ever need help, 24/7 live support is available. Pros & cons Pros Canadian crypto exchange Authorized by the CSA and registered with FINTRAC Beginner-friendly trading app Supports a wide range of deposit methods Multilingual support Cons Doesn't support as many cryptocurrencies as Bitrue Spreads of 0.95%-1.6% Debit card and credit card fees

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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

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