Crypto fees in Canada: what a $1,000 buy costs on each registered platform

Every registered crypto platform in Canada tells you what it charges, but not in the same way. (For what all 11 platforms' fee pages leave out, see our fees study.) Some state a percentage. Some build their cost into the price as a spread and don't say how big it is. Some do both. This page puts the published figures for the 12 registered platforms we've reviewed side by side, using a $1,000 purchase so the numbers compare directly.

The short answer

• Lowest stated cost with no spread: NDAX, $2 on $1,000 (0.20%). Next is Bitbuy's Pro Trade, at $5.
• On 3 of the 12, the main buy screen has no stated fee, only a spread that isn't published: Shakepay, Crypto.com (App) and Netcoins. You see the final price before you confirm, but you can't compare it from the fee page alone. Bitbuy and Coinsquare give only a spread range, in their legal fee schedule.
• The simple "buy" button usually costs more than the same platform's trading screen. Kraken's instant buy is 1% plus a spread, against 0.80% with no spread on Kraken Pro.
• Two platforms state a fee that's built into the price: Webull's 1% and Newton's 1.00% to 1.15% for Bitcoin. You know the size of the markup, which you don't with an unpublished spread.
• Interac deposits carry no fee at every platform here that publishes its deposit options. Withdrawals vary: Bitbuy, Coinsquare, Shakepay and Netcoins charge nothing, NDAX charges $1.50, Crypto.com $1.99, and several don't publish a figure.

Every platform, side by side

The fee on a $1,000 buy, as each platform states it. "Spread" means the platform says its price includes a markup over the market price, and doesn't publish how much.

Fees at the lowest volume tier, for Canadian dollar purchases by Interac-funded balance. Card purchases usually cost more. Each platform's review links the exact fee page and has a dated screenshot.

The fee you can't see: spreads

A spread is the gap between the price a platform charges you and the market price. If Bitcoin trades at $100,000 and you're quoted $101,000, you've paid about 1% before any stated fee. Platforms that use a spread aren't hiding it illegally: they show you the final price before you confirm. What most don't publish is the size of the markup, so you can't compare them from a fee page. Bitbuy and Coinsquare, which share a registration, are a partial exception: their legal fee schedule puts the markup between 0.5% and 3.85%, and between 0.5% and 1.85% on Coinsquare Trade, though not what any one trade costs.

To check a spread yourself, look up the market price on a public price page at the same moment you're shown a quote, and compare the two. Do the same for the sell price: the gap between the buy and sell quotes is the round-trip cost.

Simple screen or trading screen?

Several platforms run two ways to buy. The simple screen gives you one price and a buy button. The trading screen lets you place orders on an order book, at a stated percentage and with no spread. On Bitbuy that's Pro Trade (0.50%), on Coinsquare it's Coinsquare Pro (0.50%), on Kraken it's Kraken Pro (0.80% taker at the lowest tier), and on Coinbase and Crypto.com it's called Advanced. Wealthsimple has no separate screen, but its limit orders skip the spread that market orders include.

The trading screen takes a few minutes to learn. On a $1,000 buy, it can be the difference between a stated $5 and $10 or more plus a spread you can't see.

Getting money in and out

Every platform here that lists Interac e-Transfer deposits takes them without a fee. Webull's crypto account is funded by a pre-authorized bank debit instead. Withdrawals are where they differ. Bitbuy, Coinsquare, Shakepay and Netcoins charge nothing for Interac withdrawals, though Bitbuy and Coinsquare cap them at $2,000 a day. NDAX charges $1.50 and Crypto.com $1.99, with a $100 minimum. Wealthsimple, Coinbase, Kraken, Newton and Webull don't publish an Interac withdrawal fee for their crypto accounts, and show any fee before you confirm.

Sending crypto to your own wallet usually costs a network fee that changes with demand, so we haven't listed those. Some platforms, including Bitbuy, Coinsquare and Wealthsimple, list coins you can buy but can't move out at all. Webull doesn't let you move crypto out of its platform at all: to leave, you sell and withdraw cash.

Frequently asked questions

Which Canadian crypto platform has the lowest fees?

Of the stated fees with no spread, NDAX's is lowest, at 0.20% per trade. Platforms that charge through a spread may cost more or less on a given day, but they don't publish it, so we can't rank them.

Are crypto fees tax deductible in Canada?

Trading fees generally count toward the cost of what you buy, or reduce what you receive when you sell, when you work out a capital gain or loss. The Canada Revenue Agency's guidance on crypto explains how. Ask an accountant if you trade often.

Why is my buy price higher than the price I see online?

Usually because of a spread. The price on a news site or price tracker is a market price. A platform's quote includes its markup, and sometimes a stated fee on top.

Does a platform with no trading fee cost nothing?

Not usually. A platform that advertises no trading fee generally makes its money from a spread. Compare its quote with the market price before you buy.

Sources

• NDAX: fee page, read 8 November 2026. Full details in our NDAX review.
• Bitbuy: fee page, read 8 November 2026. Full details in our Bitbuy review.
• Shakepay: fee page, read 10 November 2026. Full details in our Shakepay review.
• Wealthsimple: fee page, read 8 November 2026. Full details in our Wealthsimple review.
• Coinbase: fee page, read 6 November 2026. Full details in our Coinbase review.
• Kraken: fee page, read 8 November 2026. Full details in our Kraken review.
• Coinsquare: fee page, read 10 November 2026. Full details in our Coinsquare review.
• Newton: fee page, read 10 November 2026. Full details in our Newton review.
• Webull: fee page, read 10 November 2026. Full details in our Webull review.
• Crypto.com: fee page, read 10 November 2026. Full details in our Crypto.com review.
• Netcoins: fee page, read 10 November 2026. Full details in our Netcoins review.
• Robinhood: fee page, read 10 November 2026. Full details in our Robinhood review.