In this guide

  • Our verdict
  • Details
    • Product details
  • Frequently asked questions
  • Your reviews

KOHO Crypto review

  • Tim Falk's headshot
This is not an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade or use any services.

Our verdict

KOHO Crypto offers a convenient way to buy crypto with CAD directly from your regular KOHO account, but some important features are still coming soon.

KOHO is best known for its spending and savings account, but as of April 2026 it now allows you to trade crypto too. Thanks to a partnership with Canadian crypto exchange Ndax, you can now access over 20 cryptocurrencies from your KOHO spending account.


This gives you the convenience of buying crypto without having to open a new account, and you get the security of dealing with an established crypto trading platform. And because you can buy with CAD, there are no currency conversion costs to worry about.


But you only get access to a limited range of cryptos, there's no support for staking yet, and other platforms offer lower fees. You also can't transfer your crypto to an external wallet, so KOHO Crypto won't be the right platform for everyone.


Best for: Existing KOHO customers searching for an easy way to invest in crypto.

Pros

  • Buy crypto through the KOHO app
  • Trade on a regulated crypto platform
  • Trade crypto with CAD—no FX costs to worry about
  • Easy to sign up and start trading
  • Manage your crypto alongside your other KOHO products

Cons

  • Limited selection of cryptos
  • Staking is not yet available
  • Other features still coming soon
  • No external crypto withdrawals

In this guide

  • Our verdict
  • Details
    • Product details
  • Frequently asked questions
  • Your reviews

Details

Product details

Name KOHO Crypto
Deposit methods Cash, Electronic Funds Transfer, Express Interac e-Transfer, Online banking, Bank transfer (Direct Deposit)
Supported Cryptocurrencies BTC, ETH, XRP, DOGE and 15+ more
Trading fee 0.5% to 1.5%
Fiat Currencies CAD

What is KOHO?

KOHO is a Vancouver-based fintech that was founded in 2014. It offers a variety of financial products and services through a highly rated mobile app, including a spending and savings account, a prepaid Mastercard, interest-free cash advances and a credit building service.

In April 2026, KOHO launched KOHO Crypto, which allows users to buy over 20 cryptocurrencies from their spending and savings account. Cryptocurrencies are offered in CAD trading pairs, so you don’t need to convert to USD before you can start investing. You can invest with as little as $1, with trading fees ranging from 0.5% to 1.5% depending on your KOHO plan level.

KOHO Crypto is powered by Ndax, a registered and regulated Canadian crypto exchange. Ndax is a Canadian Investment Regulatory Organization (CIRO) member and holds the majority of client crypto assets in secure storage with qualified custodians. Learn more about the Ndax platform in our Ndax review.

What cryptocurrencies can you trade with KOHO?

KOHO Crypto provides access to over 20 cryptocurrencies, including some of the world’s largest coins and tokens by market cap. Cryptos you can trade include:

  • Bitcoin (BTC)
  • Ethereum (ETH)
  • XRP (XRP)
  • USDC (USDC)
  • Solana (SOL)
  • Cardano (ADA)
  • Dogecoin (Doge)
  • Sui (SUI)
  • Hedera (HBAR)

KOHO Crypto fees

KOHO charges a flat fee every time you make a crypto trade. The fee amount varies depending on what KOHO plan you have.

You will also need to consider the monthly fee that applies to your KOHO plan. All three plans come with a monthly fee, but the fee is waived on the entry-level Essential plan if you either set up a direct deposit to your account or make sure to add at least $1,000 to your account each month.

Non-memberEssential planExtra planEverything plan
Subscription fee$0$4 per month (or $0 if deposit conditions are met)$12/month billed yearly or $18 billed monthly$14.75 per month
Crypto trading fee1.5%1%1%0.5%

Finally, KOHO does not charge any deposit or withdrawal fees, but a third-party operator fee may apply if you withdraw cash at an ATM.

KOHO Crypto deposit methods

You can deposit funds into your KOHO account in the following ways:

  • Interac e-Transfer
  • Direct deposit
  • Linked bank account transfer
  • Canada Post cash deposit
  • Bitcoin transfer

Benefits and drawbacks of KOHO Crypto

Pros

  • Trade on KOHO. If you’re already a KOHO customer, you don’t need to go through the hassle of downloading a new app and opening an account on a crypto exchange. This allows for the instant settlement of your crypto trades.
  • No FX costs. KOHO lets you buy crypto directly with Canadian dollars, so you don’t need to factor the cost of converting to USD into your calculations.
  • $1 minimum. You can start trading crypto with as little as $1.
  • Recurring purchases. You can set up recurring crypto buy orders to adopt a dollar-cost averaging strategy for your crypto investing.
  • Regulated platform. Crypto trading is handled through KOHO’s partnership with Ndax, an established and regulated Canadian crypto exchange.
  • All-in-one app. You can buy crypto with the balance in your KOHO spending account, and you get the convenience of managing your crypto alongside all your other KOHO products in one app.
  • Safe and secure storage. Your KOHO Crypto assets are held with Ndax, which stores the majority of client assets in cold storage with qualified custodial service providers and maintains insurance protection.

Cons

  • Limited selection of cryptocurrencies. Other platforms support a much wider range of cryptos than the 20+ digital assets you can access with KOHO Crypto.
  • Fees of up to 1.5%. Non-members pay trading fees of 1.5%. If you meet the direct deposit requirement needed to have the monthly fee on a KOHO Essential plan waived, you will still pay a 1% trading fee.
  • Monthly fee may apply. If you want the lowest possible trading fees of 0.5%, you’ll need to fork out $14.75 for the Everything plan. You’ll need to work out if the low fee and other perks of the Everything plan, like increased cashback and interest-earning power, are worth the cost.
  • Staking is not yet available. KOHO Crypto does not yet allow you to stake any coins or tokens.
  • Other features are still coming soon. KOHO plans to launch other platform features, such as crypto cashback and support for more coins and tokens, in the future.
  • No crypto withdrawals. You currently cannot withdraw crypto from your KOHO account to an external wallet—you will need to convert it to CAD before cashing out.
  • Bitcoin deposits only. As it stands, the only cryptocurrency you can deposit into your KOHO account is Bitcoin.

What do KOHO reviews say?

KOHO reviews are largely positive, with the fintech boasting an average score of 4.5/5 from over 1,900 reviews on Trustpilot. Customers praise KOHO for its easy-to-use app and the wide range of perks and features it offers. On the negative side, reviewers commonly complain about poor customer service.

As KOHO Crypto is such a new product offering, it hasn’t garnered many customer reviews so far. But several customers do mention the addition of crypto trading as a welcome feature in the KOHO app.

Using the KOHO app

The KOHO app offers a clean and intuitive user interface. It’s simple and straightforward to use right from the start, with all your KOHO products easily accessible. Crypto trading has been seamlessly integrated into the app, so you don’t need to be an experienced crypto enthusiast to start trading.

The user-friendliness of the KOHO app is reflected in its high average review scores across Google Play and Apple’s App Store.

KOHO app reviews

Google Play app reviews 4.7★★★★★
72K reviews
Apple App Store app reviews 4.8★★★★★
82K reviews

Is trading crypto with KOHO legal in Canada?

Yes, it’s legal to use KOHO Crypto in Canada. KOHO’s crypto accounts are offered by Ndax Canada Inc, a registered investment dealer with the Canadian Investment Regulatory Organization (CIRO) and a member of the Canadian Investor Protection Fund (CIPF). Ndax is included on the Canadian Securities Administrators’ list of crypto platforms authorized to do business with Canadians.

Is KOHO Crypto safe to use?

Yes, KOHO offers a safe and secure trading platform. It uses features like encryption, multi-factor authentication and institutional-grade security to help ensure the safety of your funds.

Its crypto accounts are managed by Ndax, a Canadian exchange founded in 2018. Ndax is a regulated platform and holds at least 80% of its clients’ crypto assets in cold and warm storage with third-party custodians that are regulated as trust companies. It currently uses the following custodians:

  • Coinbase Custody Trust Company
  • Tetra Trust Company
  • BitGo Trust Company

How to buy crypto on KOHO

Ready to start trading crypto with KOHO Crypto? Here’s what you need to do.

Step 1: Download the app and create an account

Download the KOHO app from the relevant app store and install it on your device. Choose the plan you want, enter your personal details, provide your SIN and upload a copy of your photo ID.

Step 2: Complete your crypto profile

Next, you will need to complete your crypto profile with extra personal and financial information. In line with regulatory requirements, you will also need to pass Ndax’s Appropriateness Questionnaire to determine whether crypto trading is a good fit for you.

Step 3: Deposit funds

Tap the Add button and choose your payment method. Enter the amount you want to deposit and then add it to your account.

Step 4: Buy crypto

Tap the + button and choose the cryptocurrency you want to buy. Enter the amount you want to buy, then review the fee and transaction details before confirming your purchase.

Alternatives to KOHO Crypto

Not sure whether KOHO is the right crypto trading platform for you? Check out these alternatives.

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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.

Read the full methodology

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Bottom line

Some features of KOHO Crypto are still being developed. If you want to withdraw your crypto to an external wallet or trade a huge range of altcoins, you’ll need to look elsewhere.

But if you’re already a KOHO customer, KOHO Crypto offers an easy and convenient way to start investing in crypto.

It’s simple to use, has reasonable fees, and lets you hold crypto alongside all your other KOHO products. Check it out to see whether it’s right for you.

Frequently asked questions

Cryptocurrencies are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the cryptocurrencies discussed.

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