{"id":991652,"date":"2022-01-20T09:50:48","date_gmt":"2022-01-20T09:50:48","guid":{"rendered":"https:\/\/www.finder.com\/ca\/?p=991652"},"modified":"2024-05-26T11:43:40","modified_gmt":"2024-05-26T15:43:40","slug":"finder-crypto-trading-platform-awards-2022","status":"publish","type":"post","link":"https:\/\/www.finder.com\/ca\/cryptocurrency\/exchanges\/finder-crypto-trading-platform-awards-2022","title":{"rendered":"Finder Crypto Trading Platform Awards 2022"},"content":{"rendered":"

The Finder Crypto Trading Platform Awards 2022 program recognizes Canada\u2019s best platforms for investing in crypto.<\/p>

Finder\u2019s data scientists and cryptocurrency experts ran the numbers and scored participating crypto trading platforms on a comprehensive list of 55 criteria<\/strong>.<\/p>

The platform with the highest score across the board was named as the winner, with the products that scored second and third highest each receiving a \u201cHighly Commended\u201d award.<\/p>

\"Finder<\/div>

Best Cryptocurrency Exchange \u2013 Overall:<\/h4>

Kraken<\/h2><\/div><\/div>

Kraken scored consistently well across the board for its beginner-friendly features, value for money and 24\/7 customer service, securing its place as our overall winner. The feature-filled exchange is a solid choice for users looking for a platform that suits both new and experienced crypto traders alike.<\/p>

Read our review of Kraken<\/a><\/p>

Highly Commended: Crypto.com, NDAX<\/h4>
\"Finder<\/div>

Best Cryptocurrency Exchange \u2013 Value:<\/h4>

Kraken<\/h2><\/div><\/div>

Kraken lets customers buy, sell and earn cryptocurrency without breaking the bank. Low trading fees, zero account fees and fee-free staking helped make this global exchange stand out. We also like that you can get started with CAD$10 or less.<\/p>

Read our review of Kraken<\/a><\/p>

Highly Commended: Crypto.com, Coinut<\/h4>
\"Finder<\/div>

Best Cryptocurrency Exchange \u2013 Beginners:<\/h4>

Kraken<\/h2><\/div><\/div>

Kraken took the lead in yet another one of our categories as the most beginner-friendly crypto trading platform. Its easy-to-use interface, highly-rated mobile app, informative guides and round-the-clock customer support are great for helping newbies get off to a strong start.<\/p>

Read our review of Kraken<\/a><\/p>

Highly Commended: NDAX, Crypto.com<\/h4>
\"Finder<\/div>

Best Cryptocurrency Exchange \u2013 Advanced Features:<\/h4>

Crypto.com<\/h2><\/div><\/div>

The top scoring platform in our advanced features category, Crypto.com, lets customers go beyond making basic trades with support for crypto staking, lending and borrowing. It even offers a free crypto-linked debit card \u2013 the first of its kind in the world.<\/p>

Read our review of Crypto.com<\/a><\/p>

Highly Commended: Kraken, NDAX<\/h4>
\"Finder<\/div>

Best Cryptocurrency Exchange \u2013 Altcoin Trading:<\/h4>

Crypto.com<\/h2><\/div><\/div>

When it comes to the breadth of assets users can trade, Crypto.com really shines with support for buying, selling and trading 250+ coins with strong liquidity. Zero-fee CAD wallet deposits provide an added bonus for those looking to explore the market beyond Bitcoin.<\/p>

Read our review of Crypto.com<\/a><\/p>

Highly Commended: Kraken, Bitbuy<\/h4>
\"Finder<\/div>

Best Canadian Cryptocurrency Exchange:<\/h4>

NDAX<\/h2><\/div><\/div>

Calgary-based NDAX is a solid homegrown alternative to bigger exchanges based outside of Canada. It scored consistently well across the board but really came into its own for its suite of beginner-friendly features.<\/p>

It stands out among other Canadian exchanges with support for a number of popular cryptocurrencies, low fees, a user-friendly interface and free CAD deposits.<\/p>

Read our review of NDAX<\/a><\/p>

\"Finder<\/div>

Best Crypto Trading Platform \u2013 Broker:<\/h4>

Wealthsimple<\/h2><\/div><\/div>

Wealthsimple was dominant across the board in our broker category, with special mentions for its beginner-friendly interface and portfolio management tools. As Canada\u2019s first regulated cryptocurrency platform, this Toronto-based fintech now has a steady reputation for helping Canadians grow their wealth.<\/p>

You can use it to invest in 50+ cryptocurrencies with free deposits and withdrawals as well as set automated orders. Plus, we love the convenience of being able to trade stocks, ETFs and cryptocurrencies all in the same app.<\/p>

Read our review of Wealthsimple<\/a><\/p>

Highly Commended: Netcoins, Bitbuy<\/h4>

Awards criteria<\/h3>

Here\u2019s how our expert analysts assessed Canadian crypto trading platforms to pick the 2022 winner.<\/p>

Selection criteria<\/strong><\/p>

We conducted an extensive market review of the Canadian cryptocurrency market and contacted 63 cryptocurrency exchanges and brokers in June\/July 2022 to participate in the awards program. Any platforms that didn\u2019t complete the information form were not included in the final analysis.<\/p>

All platforms included were required to be registered with the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) to be considered for an award.<\/p>

The awards for \u201cBest Cryptocurrency Exchange \u2013 Overall<\/strong>\u201d and \u201cBest Crypto Trading Platform \u2013 Broker<\/strong>\u201d were given to the business that had the highest average score across the 4 following categories, each contributing 25% of the score for the overall winner:<\/p>

  • Beginners<\/li>
  • Value<\/li>
  • Altcoin trading<\/li>
  • Advanced features<\/li><\/ul><\/div><\/article>
    \n
    \n Disclaimer:<\/b>\n This information should not be interpreted as an endorsement of cryptocurrency or any specific provider,\n service or offering. It is not a recommendation to trade. Cryptocurrencies are speculative, complex and\n involve significant risks \u2013 they are highly volatile and sensitive to secondary activity. Performance\n is unpredictable and past performance is no guarantee of future performance. Consider your own\n circumstances, and obtain your own advice, before relying on this information. You should also verify\n the nature of any product or service (including its legal status and relevant regulatory requirements)\n and consult the relevant Regulators' websites before making any decision. Finder, or the author, may\n have holdings in the cryptocurrencies discussed.\n <\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"

    Find out how major crypto exchanges and brokers fared in our latest crypto trading platform awards.<\/p>\n","protected":false},"author":385,"featured_media":992538,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"apple_news_api_created_at":"","apple_news_api_id":"","apple_news_api_modified_at":"","apple_news_api_revision":"","apple_news_api_share_url":"","apple_news_cover_media_provider":"image","apple_news_coverimage":0,"apple_news_coverimage_caption":"","apple_news_cover_video_id":0,"apple_news_cover_video_url":"","apple_news_cover_embedwebvideo_url":"","apple_news_is_hidden":"","apple_news_is_paid":"","apple_news_is_preview":"","apple_news_is_sponsored":"","apple_news_maturity_rating":"","apple_news_metadata":"\"\"","apple_news_pullquote":"","apple_news_pullquote_position":"","apple_news_slug":"","apple_news_sections":[],"apple_news_suppress_video_url":false,"apple_news_use_image_component":false,"footnotes":""},"categories":[5337],"tags":[],"asset_tag":[],"class_list":["post-991652","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-exchanges"],"apple_news_notices":[],"yoast_head":"\nFinder 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