VirgoCX review
- Fiat currencies
- 2
- Supported assets
- 45
Our verdict
VirgoCX lets you trade over 90 cryptos on a user-friendly platform, but you'll need to look elsewhere for advanced trading tools.
VirgoCX is a Canadian crypto exchange where you can trade 90+ cryptocurrencies online or via a mobile app. The platform is easy to use, has competitive fees and offers a simple and straightforward service for anyone looking to get started with crypto.
Other platforms support a wider range of digital assets, while there are other exchanges with more advanced tools better suited to experienced traders. But if you're a crypto newcomer looking for a fast and easy way to buy Bitcoin or other coins, VirgoCX is worth checking out.
Best for: Canadians looking for a quick and easy way to buy crypto.
Pros
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User-friendly platform
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Free cash deposits and withdrawals
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Fast way to buy crypto with CAD
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Established Canadian platform
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Tiered rewards program for discounted fees
Cons
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No custodial wallets available
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Doesn't support staking
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Lacks advanced trading features
Details
Product details
| Product Name | VirgoCX |
| Fiat Currencies | CAD, USD |
| Cryptocurrencies | USDC, BTC, ETH, LTC, SOL, DOGE and 35+ more |
| Deposit Methods |
Credit card Cryptocurrency Debit card Interac e-Transfer Wire transfer Online Bill Payments |
| Trading Fee | Maker: N/ATaker: N/A |
| Deposit Fees |
Interac e-Transfer: $0 Wire transfer: $0 Bill payment: $0 Debit card: starts at 2.99% Credit card: starts at 3.99% Crypto: variable (plus network fees) |
| Withdrawal Fees |
Interac e-Transfer: $0 Wire transfer: $0 Crypto: variable (plus network fees) |
What is VirgoCX?
VirgoCX is a popular Canadian platform where you can buy and sell cryptocurrency. Founded in 2018, it
provides access to more than 90 cryptocurrencies, and it supports multiple payment methods to help you buy crypto with fiat currency.
However, as of 2025, VirgoCX is no longer a custodial crypto exchange. This means you will need to set up your own self-managed (non-custodial) wallet to buy and sell on the platform. As such, VirgoCX does not hold or insure any crypto assets on behalf of customers.
VirgoCX features
VirgoCX offers the following key features to Canadian users:
- Trade 90+ cryptos. You can trade over 90 cryptocurrencies on VirgoCX, including major coins and tokens like Bitcoin, Ethereum, XRP, USDC and Solana.
- Buy with CAD or crypto. Multiple payment methods are supported, including instant funding via e-Transfer as well as wire transfers.
- Mobile app and Chrome extension. You can trade with VirgoCX online, or opt to download a mobile app or Chrome browser extension instead.
- Quick Trade or Advanced Trade. VirgoCX offers a Quick Trade option for when you just want to place a market order to buy crypto, while its Advanced Trade setting allows you to place advanced order types like limit orders, stop-limits and recurring buys.
- Rewards program. The VirgoCX tiered rewards program allows users to access trading fee discounts, with your membership tier based on your 30-day trading volume. You will need to spend at least $3,000 on crypto trades in a month to access a discount.
- Virgo Boost Program. This program lets users earn Virgo Bits for completing in-app tasks such as playing games and answering surveys. The Bits you earn can then be redeemed for things like trading spread discounts and merchandise.
- Virgo PLUS Program. PLUS is VirgoCX’s subscription plan for frequent traders, allowing them to access discounted trading spreads. Basic plans offer a 20% spread discount for a daily fee, while Pro plans offer a 40% discount for a daily fee.
- Referral program. The Virgo Referral Pilot Program allows you to earn a reward for each friend you refer under a fixed rewards model, or earn 10% of VirgoCX’s revenue from the spread of each trade the referee makes under a shared rewards model.
- VirgoCX Wealth. Wealth offers OTC trading for eligible crypto transactions, and it provides fiat currency foreign exchange services.
What cryptos can I trade on VirgoCX?
You can trade over 90 cryptocurrencies on VirgoCX, including some of the best cryptos to buy right now:
Popular crypto assets on VirgoCX
- USDC
- BTC
- ETH
- LTC
- SOL
- DOGE
- 35+ more
Popular assets VirgoCX does NOT support
- USDT
- BNB
- TRX
VirgoCX fees
For fiat-to-crypto trading pairs, VirgoCX applies a trading spread. The spread is 0.95% for Bitcoin (BTC) and Ethereum (ETH), and 1.6% for all other assets. That doesn’t make VirgoCX the cheapest exchange out there, but there are also plenty of other platforms that charge more.
However, fee discounts are available as part of VirgoCX’s tiered rewards program, with your membership tier determined based on your 30-day trading volume.
These spreads eventually drop as low as 0.095% and 0.16% in the top membership tier, but you’ll need a 30-day trading volume in the millions to qualify for such low fees.
Finally, VirgoCX also offers the option to buy crypto with a debit or credit card.
VirgoCX payment methods
VirgoCX offers several different payment methods, so you can easily fund your account. Its fee structure is also competitive compared to other crypto exchange platforms in Canada. Each deposit method costs:
- Interac e-Transfer: $0
- Wire transfer: $0
- Bill payment: $0
- Debit card: starts at 2.99%
- Credit card: starts at 3.99%
- Crypto: variable (plus network fees)
VirgoCX accepts crypto deposits as well as CAD and USD deposits, which have differing processing times:
- Interac e-Transfer (send money): Up to 24 hours (typically within 45 minutes)
- Interac e-Transfer (request money): Up to 24 hours (typically within 30 minutes)
- CAD wire transfer: 0 – 3 business days
- USD wire transfer: 0 – 3 business days
- Bill payment: 1 – 2 business days
How do I withdraw money from VirgoCX?
When you need to withdraw money from your VirgoCX account, you can choose from an e-Transfer, a CAD or USD wire transfer, and a cryptocurrency transfer. Most transfers out of the VirgoCX will take zero to three business days to complete. The different types of withdrawal methods cost:
- Interac e-Transfer: $0
- Wire transfer: $0
- Crypto: variable (plus network fees)
Pros and cons of VirgoCX
Pros
- Established Canadian platform. VirgoCX is a Toronto-based exchange that was founded in 2018.
- Easy to use. VirgoCX is a beginner-friendly platform that makes it quick and easy to buy crypto with CAD.
- Free deposits and withdrawals. You can deposit and withdraw cash to and from your VirgoCX account without having to pay any fees.
- Discounted fees. VirgoCX offers competitive spreads on crypto trades, and high-volume traders can take advantage of spread discounts.
Cons
- Limited cryptos. Some other exchanges provide access to a wider range of cryptos than VirgoCX.
- No custodial services. You'll need to set up your own self-custody wallet to buy and sell crypto on VirgoCX.
- No staking. VirgoCX does not support the staking of crypto assets, so you'll need to look elsewhere if you want to earn rewards on your crypto holdings.
- Lacks advanced features. You'll need to consider other exchanges if you want professional trading tools like advanced order types and charts.
Is VirgoCX legal in Canada?
Yes, VirgoCX is entirely legal in Canada. The platform is registered with FINTRAC as a money services business and also features on the Canadian Securities Administrators’ list of crypto platforms authorized to do business with Canadians.
While VirgoCX registered with regulators as a “restricted” securities dealer back in May 2022, it did not go on to achieve investment dealer status. As a result, it shifted to its current non-custodial model in April 2025.
Is VirgoCX safe to use?
VirgoCX is generally regarded as a safe and secure crypto exchange, and it uses a range of security measures to help safeguard your funds. These include two-factor authentication, SSL encryption and ongoing monitoring for suspicious activity.
As of April 2025, VirgoCX is also non-custodial, so the crypto assets you buy will never actually be stored on the platform. For maximum security, it’s recommended that you store your crypto private keys offline in a hardware wallet.
What do VirgoCX reviews have to say?
VirgoCX user feedback is a little mixed but generally positive. Positive reviewers praise things like the ease of use of the VirgoCX mobile app and the platform’s support for free deposits and withdrawals, while negative reviewers mention issues such as poor customer support and having their accounts frozen.
| Site | Details |
|---|---|
| Trustpilot | 3.1/5 based on 4 reviews |
| Apple App Store | 4.4/5 based on 393 ratings |
| Google Play | 4.2/5 based on 291 reviews |
* Reviews as of 06 May 2026
How to buy crypto with VirgoCX
If you want to buy Bitcoin or another cryptocurrency with VirgoCX, here’s what you need to do.
Step 1: Set up your wallet
You’ll need to have your own self-custody crypto wallet set up before you can start trading. Learn more about choosing a wallet in our guide to the best crypto wallets in Canada.
Step 2: Create an account
Sign up for a VirgoCX account online or via the mobile app. You will need to provide your contact details and personal information, plus answer questions about your trading experience and risk tolerance. Proof of ID is also required.
Step 3: Make a deposit
Deposit CAD, USD or crypto into your account. e-Transfers are supported, so they’re the quickest option if you want to deposit Canadian dollars.
Step 4: Place a buy order
If you’re on a computer, log in to your account and go to the Trade area. You can then enter how much CAD you want to spend or the amount of crypto you want to buy. You can then review all details and click Buy to place your order.
If you’re using the VirgoCX app, go to the Trade section and then select Quick Trade. Choose the crypto you want to purchase and then enter how much CAD you want to spend or the amount of crypto you want to buy. Confirm all details before submitting the transaction.
Alternatives to VirgoCX
Still not sure whether VirgoCX is the right exchange for you? Check out these reputable alternatives.
Finder Score for crypto exchanges
To make comparing even easier we came up with the Finder Score. Supported coins, account fees and features across 28 cryptocurrency trading platforms are all weighted and scaled to produce a score out of 10. The higher the score, the better the exchange—simple.
Bottom line
VirgoCX is a legit Canadian crypto exchange. It’s easy to use and offers competitive pricing, providing an easy entry point for crypto newcomers. But other platforms offer lower fees, more cryptos and more advanced trading tools, so be sure to compare a range of exchanges before choosing a crypto trading platform.
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