Is Coinbase or Binance better in Canada?

Coinbase is better than Binance in Canada because Binance is no longer available in Canada, making Coinbase your only option out of the two. That said, Coinbase is a really good option, offering some of the best features and fee structures of any crypto exchange platform in Canada.

What organizations regulate crypto in Canada?

There are multiple authorities in charge of regulating cryptocurrency in Canada, but the regulatory framework is still being developed. FINTRAC regulates money services businesses that deal in virtual currencies. Under Canadian regulations, these money services businesses must register with FINTRAC, report certain transactions and verify the identities of their clients. The Canadian Securities Administrators (CSA) also has a role to play, issuing guidance about the regulation of crypto assets in Canada and how legislation should apply to those assets. Provincial securities regulators like the Ontario Securities Commission (OSC) are responsible for ensuring compliance with CSA rules.

Which crypto platform is best in Canada?

There's no such thing as a one-size-fits-all "best" crypto exchange for everyone in Canada. The right platform for you will vary depending on factors like whether you want to buy with fiat currency or exchange one crypto for another, how much you know about digital currencies and how often you want to trade. Compare exchanges based on your trading needs to find the right platform for you.

How can I buy cryptocurrency on Binance in Canada?

Binance is no longer available in Canada. If you want to start trading cryptocurrency, you'll need to choose another crypto exchange. Learn how to get started in our guide on how to buy cryptocurrency .