Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our content.

VirgoCX review

Buy and sell crypto assets with zero trading fees on VirgoCX.

Not enough reviews Write a review
Disclaimer: This information should not be interpreted as an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade.

Our take on VirgoCX

VirgoCX is a useful exchange for all levels of crypto investors. Its intuitive and easy-to-navigate UI makes it attractive to newbies, while its advanced charting options make it great for seasoned traders.

The exchange enables you to buy over 60 cryptocurrencies on the spot market instantly, and it’s available in all Canadian provinces and territories.

VirgoCX doesn’t charge a fee for CAD deposits using bank transfer although credit and debit cards incur a fee. Trading fees vary depending on the exact coin but range from around 0.5% – 2.5%, which is a little high compared to some competitors.

You can take advantage of features like Recurring Buys and Grid Trading to help automate your trading and implement strategies like Dollar-cost averaging.

As for security, 80% of digital assets are held in cold storage with Coinbase Custody.


Finder Rating


VirgoCX Pros and cons


  • Quick registration and verification process
  • Offers advanced trading tools
  • 80% of digital assets held in cold storage
  • Educational materials available via the platform’s learn center
  • Registered with FINTRAC and available in all of Canada
  • Offers Recurring Buys and Grid Trading Features


  • Spread fees can be as high as 2.5%
  • Only OTC clients have access to VirgoCX’s NFT marketplace

About VirgoCX – company history and background

VirgoCX is a Canadian trading platform founded in 2018 and based out of Toronto, Ontario.
In its five-year history, the exchange has become one of the most popular and trusted in Canada.
And in 2022, VirgoCX broadened its customer base, as it registered with AUSTRAC (Australian Transaction Reports and Analysis Centre) and launched in Australia.

Listed VirgoCX crypto exchange assets

VirgoCX supports over 70 cryptocurrencies, but some notable assets are missing. Namely, Binance USD, BNB and LEO Token, which are in the top 20 cryptos by market cap. In total, 12 of the top 20 cryptos are available on VirgoCX.

Popular assets on VirgoCX
VirgoCX supports
Avalanche (AVAX)
VirgoCX does not support
Binance USD (BUSD)
VirgoCX supports
Bitcoin (BTC)
VirgoCX does not support
VirgoCX supports
Cardano (ADA)
VirgoCX supports
Cosmos Hub (ATOM)
VirgoCX supports
Dai (DAI)
VirgoCX supports
Dogecoin (DOGE)
VirgoCX supports
Ethereum (ETH)
VirgoCX does not support
LEO Token (LEO)
VirgoCX does not support
Lido Staked Ether (stETH)
VirgoCX supports
Polkadot (DOT)
VirgoCX supports
Polygon (MATIC)
VirgoCX does not support
Ripple (XRP)
VirgoCX supports
Shiba Inu (SHIB)
VirgoCX supports
Solana (SOL)
VirgoCX does not support
Tether (USDT)
VirgoCX does not support
VirgoCX supports
VirgoCX does not support
Wrapped Bitcoin (WBTC)

VirgoCX fees

VirgoCX doesn’t charge a fee for crypto and most fiat deposits. The exchange only charges a fee when you deposit fiat using a debit card.

Deposit methods
  • Cryptocurrency
  • Debit card
  • Interac e-Transfer
  • Wire transfer

VirgoCX deposit and withdrawal fees

Transaction type Fee
Deposit funds Cryptocurrency - Free (blockchain network fees still apply)
Depositing CAD:
Interac e-Transfer - Free
Wire transfer - Free (CAD$3,000 minimum)
Debit card - 2.99% (CAD$1 minimum)
Depositing USD:
Wire transfer - Free (US$500 minimum)

Withdraw funds Cryptocurrency - Varies depending on cryptocurrency (blockchain network fees still apply)
Withdrawing CAD:
Interac e-Transfer - Free (CAD$10 minimum)
Wire transfer - Free (CAD$3,000 minimum)
Withdrawing USD:
Wire transfer - Free (US$500 minimum)

VirgoCX trading fees

Type Fee
Maker 0%
Taker 0%

Maker fee explained. A maker fee is the fee charged when you propose an order for other traders to take. In other words, this fee is charged when you place a limit order to sell an asset, but that order is not filled immediately.

Taker fee explained. A taker fee is a fee charged when a buy order is matched immediately with a sell order on the books. This is the fee charged when you place a market buy order.

VirgoCX charges a spread fee ranging from 0.5% to 2.5%, depending on the crypto being traded.

What is a spread fee?
The spread is the difference between the bid and ask prices of an asset. For example, if one person bids $9.90 for an asset and another asks $10.00 for it, then the spread is 1%. In the case of such a trade, the spread fee would be $0.10.

The spread can be seen in advanced trading options on the right-hand side of the website interface under the cryptocurrency you are looking to trade.

How to sign up on VirgoCX exchange

It's quick and easy to create an account with VirgoCX.
  1. Register
    Go to the homepage for VirgoCX and register for an account.
  2. Enter required information
    TEnter your email address, a strong password comprised of 8 to 15 characters with at least one number and one letter, a referral code (if you have one).
  3. Verify your email address
    Check your email inbox for a verification code. Enter the 6-digit code you receive in your email account.
  4. Agree to terms
    Read the Terms of Service and Privacy Policy and check the box next to the links for both to confirm that you've read them. Confirm that you are 18 years of age or older.
  5. Create a user profile
    Complete the User Profile form and make sure all of the information is accurate and up-to-date.
  6. Get verified
    You will be asked for information to verify your identity. Follow the prompts.
Create a VirgoCX exchange account

About the VirgoCX app

The VirgoCX app offers the same trading tools, fee structure and funding options as the web interface version of the exchange.
The app is available for both Android and iOS devices, and you can download it through the Google Play or Apple App store.

Picture not described

Is VirgoCX safe?

Disclaimer: No crypto exchange is 100% safe.
To reduce your counterparty risk — or the risk that the platform with which you’re engaging won’t fulfill its contractual obligations — it’s best to only use exchanges to buy, sell and trade crypto.

When you leave your crypto in the custody of an exchange, your balance on the exchange is just an IOU for the assets, and that IOU is only as good as the solvency of the exchange.
To truly take ownership of the assets that you purchase on an exchange, it’s best to move the assets from the custody of an exchange into a non-custodial wallet for which you hold the private keys. Hardware wallets are one the safest versions of non-custodial wallets.

VirgoCX is compliant with PIPEDA (Personal Information Protection and Electronic Documents Act) and registered with FINTRAC (Financial Transactions and Reports Analysis Centre of Canada) and licensed by CSA (Canadian Securities Administrators).

The exchange has also been audited by accredited accountants. Approximately 80% of crypto assets are held in cold storage in Coinbase Custody.

Past hacks
VirgoCX has never been hacked.

VirgoCX engages in full audits conducted by trusted third-party auditors.
In December 2020, it underwent a financial audit by DW LLP – a chartered professional accounting firm based in Ontario.
The exchange also completed a reserve audit by Huayan CPA Professional Corporation and an AML audit by MNP LLP around the same time.
Approximately 80% of VirgoCX customer assets are held in cold storage with Coinbase Custody Trust Company LLC. The remaining 20% are held in hot wallets by VirgoCX.

Coinbase Custody holds approximately 80% of user assets and is licensed with the New York Department of Financial Services. It maintains US$320 million of insurance although this is shared among all of its institutional clients, not just VirgoCX.

VirgoCX then has an additional CAD$1 million insurance policy that specifically covers its users assets held with Coinbase Custody.

VirgoCX customer support

VirgoCX has a few different customer service options that you can take advantage of.

The first option is to go through the automated support bot. The support bot generates responses based on frequently asked questions and is located to the bottom right of the web browser version of the exchange. If you have an issue that is not covered or only partially answered through the support bot, you can try live chatting with customer support.

The exchange also provides a number of email addresses that you can use to contact its staff.

Downloads on Google Play5K+ downloads
Downloads on Apple Store76 reviews, 3.8 stars

How to reach VirgoCX

  • Contact form
  • Chat bot
  • FAQ section
  • Email
  • Facebook page
  • Live chat
  • Twitter

Alternatives to VirgoCX exchange

1 - 3 of 24
Name Product Deposit methods Fiat Currencies Cryptocurrencies Offer Disclaimer
Kraken Cryptocurrency Exchange
Cash, Credit card, Cryptocurrency, Debit card, Interac e-Transfer, Apple Pay, Google Pay


Certain trading features are limited or unavailable to residents of Ontario and Quebec.
VirgoCX Cryptocurrency Exchange
Cryptocurrency, Debit card, Interac e-Transfer, Wire transfer


Get a $20 bonus when you open a new account and deposit $100+. T&Cs apply.
Binance Cryptocurrency Exchange
Credit card, Cryptocurrency, Debit card, Simplex, Banxa, Apple Pay, Google Pay


Binance is not available to residents of Ontario.
Disclaimer: Star ratings are only displayed for products with 10 or more reviews.

More guides on Finder

Go to site