How to buy Internet Computer (ICP) in Canada

With a market cap of $1,590,811,262.00 USD, Internet Computer ranks as the 67^th largest cryptocurrency by market capitalization in the world. It operates on the Internet Computer blockchain network. It is currently trading at a price of $2.91 USD per coin and trades using the cryptocurrency code ICP.

Internet Computer is a highly volatile asset capable of major price swings in a single day. So before you buy Internet Computer, make sure you understand these unique risks as well as its tax and legal status in Canada.

If you want to buy Internet Computer in Canada or track its performance, keep reading to see the latest ICP price, market cap and trading volume along with a step-by-step guide on how to invest in ICP crypto in Canada.

Internet Computer (ICP) summary

Current price	$2.91
All-time high	$700.65
All-time low	$2.23
1-year price change	▼ -71.86%
Market cap	$1.59B
Market cap rank	#67
Total volume (24h)	$72.20M
Circulating supply	546,027,251
Network	Internet Computer
Where to buy ICP	Buy on Kraken

All monetary values in this table are in USD and were last updated on December 30, 2025.

How to buy Internet Computer in 5 steps

The whole process of buying ICP can take as little as 15 minutes, and all you need is a smartphone or computer, an internet connection, photo identification and a means of payment. Follow these five steps to learn how to buy Internet Computer in Canada:

1. Compare crypto exchanges

   The easiest way to buy Internet Computer is through a cryptocurrency exchange. Choose an exchange that offers low fees, a user-friendly platform or 24-hour customer support. You can easily see top picks in our guide to the best crypto exchanges in Canada, or compare options below.

2. Create an account

   To create an account on an exchange, you will need to provide an email address, come up with a strong password and verify your identity through a process called KYC, which requires government-issued photo ID.

3. Make a deposit

   Once verified, you can deposit CAD using the payment method that best suits you. Common methods like Interac e-Transfer, bank wire and debit card payments are widely accepted on Canadian-friendly exchanges.

4. Buy Internet Computer

   You can now exchange your funds for Internet Computer. On beginner-friendly exchanges, this is as simple as searching for the coin name (Internet Computer) or its crypto code (ICP), entering the CAD or ICP amount you want to purchase and clicking "Buy."

5. Secure your Internet Computer

   Consider transferring your ICP to help protect against hacks, scams, platforms going bankrupt and other risks of keeping crypto on an exchange.

Dive deeper: Our guide to how to trade crypto

Where to buy Internet Computer in Canada

We've curated a list of legitimate crypto exchanges below where you can buy Internet Computer in Canada to help you compare deposit methods, supported fiat currencies and fees.

Internet Computer price

The recent Internet Computer (ICP) price is $2.91 USD per coin, which is -3.87% lower than the previous day's trading price of $3.03 USD. Over the past 30 days, ICP's price has changed by -27.37%, from $4.01 USD to the current price of $2.91 USD. Compared to this time last year, Internet Computer's price has seen a decrease of -71.86% to its value as a cryptocurrency.

What is Internet Computer's all-time high?

Internet Computer reached its all-time high of $700.65 USD on May 10, 2021. After that, it dropped by -99.68% to its all-time low of $2.23 USD on October 10, 2025. It has since climbed back up to its current price of $2.91 USD.

Historical Internet Computer price chart

You can use this chart to track ICP price performance over time.

Can I buy Internet Computer in Canada?

Yes, you can buy Internet Computer in Canada. Simply open an account with a crypto exchange that operates in Canada and supports Internet Computer—like the ones in our curated list above—and place a "buy" order. For example, Kraken supports Internet Computer and is a registered crypto exchange in Canada.

Because Internet Computer is decentralized, it isn't tied to any single country. That means you can buy and sell it from anywhere in the world, including Canada, as long as you have internet access.

What is Internet Computer?

The Internet Computer is a decentralized open network aimed at reversing the monopoly that Big Tech companies, such as Google or Facebook, have over the traditional lnternet. It is run by the decentralized protocol ICP (Internet Computer Protocol). According to ICP documentation, the protocol intends to help developers build directly onto the Internet with the help of autonomous software. Developers can build websites, enterprise IT systems, Internet services and decentralized finance (DeFi) applications. The ultimate goal of Dfinity, creator of the Internet Computer, is to de-privatize the Internet, remove the reliance on centralized servers or commercial cloud solutions, and simplify the infrastructure that runs applications. Internet Computer uses a blockchain called Chain Key Technology (CKT). Unlike other blockchains, CKT does not use older blocks in the chain and therefore operates at a much more efficient web-like speed. ICP is the utility token of the Internet Computer Protocol that allows the community to participate in the governance of the network. The coin can also be staked and "converted into cycles" which are used to run websites, decentralized applications and more traditional, centralized programs.

What will I need to buy Internet Computer?

To create an account with your chosen crypto platform, you only need an email address or mobile number. This will usually allow you to deposit cryptocurrency, but not CAD.

If you want to buy Internet Computer with Canadian dollars, you'll need to pass a Know Your Customer (KYC) check.

This is a standard security procedure for most exchanges in Canada and requires you to upload government-issued photo ID, and, in some cases, a selfie with today's date.

KYC is usually approved instantly, but in rare cases, you may have to wait a few hours or days.

Can I buy Internet Computer with a credit card?

Several crypto exchanges in Canada accept credit cards as an instant purchase method. However, before buying Internet Computer with a credit card, you should be aware of the additional cost and risks involved.

For instance, credit card fees are usually higher than bank transfers or e‑Transfers. Some card issuers may even block cryptocurrency transactions or treat them as cash advances, which are more expensive. Plus, if you don't pay off your credit card within your statement period, you may end up paying interest on your card balance and losing money if the price moves quickly.

For example, if you were to use a credit card to buy Internet Computer, you could end up paying this:

• Price of ICP: $2.91 USD
• Purchase amount: 5 ICP
• Estimated exchange fee (3%): $0.44 USD
• Total cost: $14.99 USD

If it took you three months to pay off your Internet Computer purchase at a credit card interest rate of 19.99% APR, you would pay an additional $0.75 USD in interest on top of what you originally paid to buy Internet Computer.

This example can help you compare the relative cost of buying Internet Computer with a credit card versus other lower‑fee methods like Interac e-Transfers.

You can check the table of Canadian crypto exchanges above to see which ones accept credit cards for buying Internet Computer, or visit our guide on buying crypto with a credit card for more details.

Can I buy Internet Computer with a debit card?

Yes, it is possible to buy Internet Computer with a debit card, as most Canadian crypto exchanges accept debit cards as an instant payment method.

To buy Internet Computer with a debit card, you'll typically need to go through the standard steps to purchase crypto on your preferred platform and then select debit from the list of payment options (e.g. Interac e-Transfer, debit card, credit card) before completing your purchase.

Just note that there are often higher fees for crypto purchases with cards (both debit and credit) compared to paying with Interac e-Transfer or with another cryptocurrency.

Is buying Internet Computer crypto a good investment?

Every cryptocurrency purchase carries associated risks which should be evaluated thoroughly. Some key considerations to weigh up before adding Internet Computer to your portfolio include:

Use case. ICP coins are intended to be locked within the Internet Computer network.

By locking tokens it creates "neurons" that allow users to vote on protocol and governance proposals. This is similar to other blockchain-based networks.

However, ICP tokens are also used in cycle production. These cycles are the power behind the Internet Computer's network and facilitate computation of web services

Development. Internet Computer's goal is incredibly ambitious.

Rebuilding the Internet from the ground up using a blockchain network as the foundation is not an easy task. When complete, anyone will be able to contribute to the Internet Computer.

This could be via web pages, building applications or providing services. This begs the question: Is the project too ambitious? The sector is already crowded, with blockchains like Ethereum and Cosmos issuing similar goals.

The market share for Internet Computer could be severely diluted. While Internet Computer is off to a good start, tracking the platform's development will be important

Decentralisation. While Internet Computer's protocol aims to address 2 of the biggest issues facing blockchain networks — scalability and security — it lacks the fundamental decentralised nature that many blockchains strive for.

As of May 2021, the majority of the voting power is owned by venture investors and developers. Only 2% of all ICP tokens are available for retail.

ICP developers will need to address governance proposals going forward to gain public confidence in their ambitious project

• Price volatility: Internet Computer's price is largely based on speculation, meaning it can rise or fall quickly. For example, Internet Computer's price has decreased by -2.85% in just the last seven days.

• Transactions can't be reversed: Once you submit a transaction to the crypto network, it can't be cancelled or reversed. Double-check the receiving address before submitting a Internet Computer purchase order or moving Internet Computer off an exchange. One good way to do this is to verify the first and last four digits of the wallet address before sending. There is no way to refund Internet Computer sent to the wrong address.

• Regulatory uncertainty: The regulatory environment for Internet Computer and other cryptocurrencies is constantly changing. It's important to understand how international rulings have the potential to impact Internet Computer's future—for better or worse.

Dive deeper: Learn about common crypto scams and legit exchanges in Canada

Where to store your Internet Computer once you buy it

There are two main options for storing Internet Computer once you've bought it—keep it on an exchange or store it in your own personal wallet. Take a look at our guide to the best crypto wallets in Canada to see our top picks.

While it can be more convenient to leave your Internet Computer on an exchange, you're vulnerable to risk if the exchange gets hacked or compromised in another way.

It's generally much safer to store your crypto on a software or hardware wallet, which gives you full control and custody of your coins.

How is Internet Computer taxed in Canada?

Like all crypto, Internet Computer is considered a commodity for tax purposes by the Canada Revenue Agency (CRA). That means it will be taxed similarly to other investments like stocks and ETFs.

Money you get from selling Internet Computer can be treated as income or capital gains. That said, the CRA will tax crypto profits differently if you're a casual Internet Computer buyer than if your crypto profits are classified as business income.

You can learn more about how crypto taxes work in our guide to crypto tax in Canada.

Bottom line

Keep in mind that buying Internet Computer can be risky. But if you decide to invest in Internet Computer, look for a regulated crypto exchange in Canada that supports ICP, and make sure to store your crypto securely.

Once you've bought Internet Computer, think about your short and long-term goals. Crypto markets can be very volatile, so keep an eye on Internet Computer's price over time to decide whether to keep it on an exchange, sell it or move it to your wallet.

Frequently asked questions about buying Internet Computer in Canada

• How do I buy Internet Computer instantly?

  You can quickly purchase Internet Computer on trading platforms like Kraken or Paybis. If you already have a funded account with an exchange like this, then you can buy Internet Computer instantly.

  Otherwise, many crypto exchanges also offer an "instant buy" feature using a credit card. However, be warned that this comes with higher fees and other added risks. Use our list of exchanges to look for a platform that offers various types of deposits to get started.

• What is Internet Computer worth today?

  Internet Computer is currently worth $2.91 USD today. For some context, it was worth -71.86% less a year ago.

• How are crypto exchanges regulated in Canada?

  Crypto exchanges operating in Canada are required to register with the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC). This agency safeguards the Canadian financial system by working to prevent money laundering, terrorist financing, and other financial crimes.

  Many crypto trading platforms in Canada have taken the added step of registering with the Canadian Securities Administrators (CSA), which creates and enforces policies designed to help protect investors from unfair and fraudulent market activity.

  Exchanges that are registered with the CSA and FINTRAC are:

  • Subject to federal regulation and laws
  • More likely to offer regional customer support
  • More likely to support CAD transactions and local payment methods like EFTs and bank transfers