If you are Canadian and tried to use Coinbase, you will quickly realize it's not as simple to use for us.
It's hard to fund and deposit because Coinbase does not accept eTransfers. The Paypal withdraw featured didn't work for me. Not all the coins listed on Coinbase are available to Canadians. For this reason, it is best to use a Canadian crypto exchange.
In my opinion, Newton is the most similar comparison to Coinbase for Canadians. Make instant deposits and withdrawals with eTransfer. The simple easy-to-use design makes buying/selling crypto simple.
Newton – Best all-around exchange. Low fees, easy to use, and lots of altcoins to buy and sell. It is recommended for beginners.
Newton
Easy to use. Lots of altcoins. Recommended for most people.
Newton Dashboard
Shakepay
If you only want to buy/sell Bitcoin and Ethereum — this simple-to-use app is one of my favorites because it est to use, and always just works. Plus, the Shaking SAT's rewards are an unbelievable perk.
Shakepay
Netcoins
Simple design. similar to Coinbase. One of the few exchanges that let you fund/withdraw USD dollars from a Canadian bank account.
Netcoins
Kraken
Recommended for: traders that are looking for larger volume, crypto-to-crypto trading pairs, staking, and advanced order types.
Bitbuy
Bitbuy has insured deposits.
Bitbuy Crypto Exchage
Compare Fees
| Platform | Spread / Trading Fee | CAD Deposit Methods | Free Crypto Withdrawals | Staking | Mobile App |
|---|---|---|---|---|---|
| Shakepay | 1.0% - 2.0% spread | Interac E-Transfer, Wire | Yes (100% Covered) | No | iOS & Android |
| Newton | 0.75% - 1.5% spread | Interac E-Transfer, Wire | Yes (up to $5 covered) | No | iOS & Android |
| NDAX | 0.20% flat trading fee | Interac E-Transfer, Wire | Fixed flat fee | Yes | iOS & Android |
| Kraken | 0.16% - 0.26% Pro | Interac E-Transfer, Wire | Network fee only | Yes | iOS & Android |
| Bitbuy | 1.5% - 2.0% Express (0.1% Pro) | Interac E-Transfer, Wire | Network fee only | Yes | iOS & Android |
| Netcoins | 1.25% - 1.5% spread | Interac, Wire, Credit Card | Network fee only | No | iOS & Android |
| Wealthsimple | 1.5% - 2.0% spread | Linked Bank Account, E-Transfer | Network fee only | Yes | iOS & Android |
Compare Coinbase
· Coinbase vs Kraken
· Coinbase vs Newton
· Coinbase vs Shakepay
· Coinbase vs CoinSmart
· Coinbase vs Wealthsimple
· Coinbase vs NDAX
· Coinbase vs Binance
· Coinbase vs PayTrie
· Coinbase vs Crypto.com
· Coinbase vs Netcoins
· Coinbase vs Bitbuy
· Coinbase vs VirgoCX
· Coinbase vs Coinberry
Coinbase Alternative Canada Conclusion
My conclusion: Newton crypto exchange is the best alternative to Coinbse for Canadians because of the combination of friendly easy-to-use interface design, low fees, multi-network support, and a large selection of altcoins to trade. Sign up to Newton and a get $25 signup bonus.
Once you have set up and verified your account on and Canadian crypto exchange — you can send or receive crypto to Coinbase to trade.