Netcoins vs Kraken: Which Canadian Crypto Exchange Is Better? (2026)

By • • Why Trust Us?
Who writes this: Every review on this site is written by Max Hamburger (pseudonym / sudo anon), an independent Canadian cryptocurrency researcher actively tracking and evaluating platforms since 2018.
How we test: We sign up for real accounts, deposit Canadian dollars ($CAD) via Interac e-Transfer, execute real trades to calculate true spread markups, and test withdrawal times to cold hardware wallets.
Affiliate disclosure: Some links are affiliate links. If you sign up through one, we may earn a commission at no cost to you. This never influences our ratings or fee math. Full disclosure.
Pricing accuracy: Fee schedules and spreads are manually verified against live Canadian order books. Check the verification date on each review for the last confirmed check. Editorial policy.

Comparing Netcoins and Kraken — fees, regulation, supported coins, and which is better for Canadian crypto investors.

Netcoins
~1.25% - 1.50% Spread
$10 CAD Bonus
  • Deposit: $0
  • Withdrawal: Network fee
  • Regulation: FINTRAC / CSA
  • Coins: Multiple
  • Best For: Canadian Traders
Visit Netcoins →
TOP PICK
Kraken
0.16% - 0.26% (Pro)
Up to CA$350 Bonus
  • Deposit: 0.5% - 1.5%
  • Withdrawal: Low Network Fee
  • Regulation: FINTRAC / CSA
  • Coins: 200+
  • Best For: Lowest Trading Fees
Visit Kraken →
On this page

Both Netcoins and Kraken are popular options for Canadians looking to buy and sell cryptocurrency. Here's how they compare on the metrics that matter most.

Direct Fee Comparison

Feature Netcoins Kraken
Trading Spread ~1.25% - 1.50% ~0.16% - 0.26% (Pro) / ~1.5% (Instant)
Deposit (Interac) $0 0.5% - 1.5%
Crypto Withdrawal Network fee Network fee
Regulation British Columbia Securities Commission (BCSC) / CSA Restricted Dealer Ontario Securities Commission (OSC) Pre-Registration Undertaking
Best For Zero-fee CAD withdrawals and Netcoins Visa Bitcoin cashback card Advanced traders, high liquidity, margin & crypto-to-crypto pairs
Signup Bonus $10 CAD → Up to CA$350 →

Who Should Pick Netcoins?

Netcoins is best for zero-fee cad withdrawals and netcoins visa bitcoin cashback card. It's headquartered in Vancouver, BC and has been operating since 2014.

Who Should Pick Kraken?

Kraken is best for advanced traders, high liquidity, margin & crypto-to-crypto pairs. It's headquartered in Vancouver, BC / Global and has been operating since 2011.

Final Recommendation

  • Choose Netcoins if you prioritize zero-fee cad withdrawals and netcoins visa bitcoin cashback card.
  • Choose Kraken if you prioritize advanced traders, high liquidity, margin & crypto-to-crypto pairs.

Looking for a different matchup?

Browse All Exchange Comparisons →

Frequently Asked Questions

Which has lower fees, Netcoins or Kraken?

Netcoins charges a spread of ~1.25% - 1.50%. Kraken charges ~0.16% - 0.26% (Pro) / ~1.5% (Instant). Compare the total cost including deposit and withdrawal fees for your specific purchase size.

Are Netcoins and Kraken regulated in Canada?

Yes. Netcoins is British Columbia Securities Commission (BCSC) / CSA Restricted Dealer. Kraken is Ontario Securities Commission (OSC) Pre-Registration Undertaking. Both are registered MSBs with FINTRAC.

Can I deposit Canadian dollars on both platforms?

Yes. Both Netcoins and Kraken support free Interac e-Transfer deposits. Netcoins deposit fee: $0. Kraken deposit fee: 0.5% - 1.5%.

Which platform supports more cryptocurrencies?

Netcoins offers multiple cryptocurrencies. Kraken offers multiple cryptocurrencies.