The lack of knowledge of cryptocurrencies and their functioning is a significant impediment to their public adoption. There are thousands of cryptocurrency platforms worldwide, and more keep coming up with each passing day. Of course, one cannot always know if all the given platforms are legitimate or not; hence, we bring you the list of the top 25 crypto platforms one can use to start with their crypto journey in Canada.
Cryptocurrency users, investors, developers, and enthusiasts, in Canada, have come together to build an inclusive ecosystem for the community and businesses since the inception of Bitcoin in 2009. The prices of Bitcoin and other cryptocurrencies have witnessed a tremendous surge recently. As new investors may not have much exposure to digital currencies, they may find it volatile and risky to trade or invest in. It is crucial to get familiar with the basics of cryptocurrencies, the underlying technologies, how they work, etc. Trading in cryptocurrency may be beneficial if you know your way around the basics and how the crypto exchanges work. To get you started, here is a list of the top 25 crypto companies and startups in Canada in 2021, through which you can begin your crypto journey.
1stCryptoTrader works with multiple exchanges to provide its investors with the best current crypto prices. Unlike other companies where all exchanges occur via web browsers, 1stCryptoTrader has its desktop application, which is quite easy to use. In addition, 1stCryptoTrader provides the following benefits for its customers:
- Traders can create their strategies using their development block (no programming skills required).
- There is a wide range of robots available on the platform allowing users to conduct automated training. Besides, users can create their robots.
- They also provide a platform where crypto traders can exchange their ideas, which is especially beneficial for new traders who can leverage the strategies of experienced users.
Aircoins is straightforward to use and handle, even for beginners. They have introduced an exciting method to engage their investors by merging cryptocurrency with augmented reality, mobile gaming, and digital advertising. It is the perfect place to go for beginners who wish to learn more about cryptocurrency in a fun and interactive way. Their coin presently ranks at #3958 on Coin Market Cap. Aircoins has the following features:
- Through their mobile app, users can collect digital coins in Augmented Reality based on geolocation. These coins are awarded on a proof of effort algorithm.
- For marketers, they provide a futuristic way of advertising through their digital medium; 3D AR ads of your brand can be shown to users to help improve your brand awareness.
Like Aircoins, Altcoin Fantasy is tailor-made for beginners. Its trading games help beginners understand trading methods and strategies (with the help of free descriptions, videos, charts, news, blogs, and articles) and adopt better cryptocurrency trading strategies from other traders worldwide. Moreover, it involves no such investment or deposit to learn trading strategies and is free of risks. Some of its benefits include:
- 15+ different trading games to help you start with forming crypto trading strategies.
- Competitions, where you’re rewarded with in-game collectibles and TradingView memberships, and more!
This enterprise creates an environment for cryptocurrency trading that is safe, regulated, and compliant through its two platforms – BitRank & Clue; they invest in and operate numerous cryptocurrency businesses to create a regulated and compliant ecosystem. They also have a crypto-trading platform – Netcoins, which traders can use for their 0% funding fees, free cash withdrawals, and features as mentioned below:
- Users can trade as little as $10 or up to $10 million without any slippage.
- Crypto Academy for beginners, where one can learn the basics of Blockchain, Cryptocurrency, and how one can start in the world of cryptocurrency.
This blockchain infrastructure enterprise is one of the largest cryptocurrency mining operations companies in North America. They aim to create a futuristic infrastructure for the upcoming generations.
- They only use clean and renewable energy for mining.
- Their computing infrastructure is 100% their own that gives them a competitive advantage against their competitors.
- They continue to provide stellar returns to their investors.
Founded in 2014, Blockstream is a leading provider of blockchain technologies. They are an all-rounder service provider that helps you keep crypto safe with their Liquid wallet, mining services to those who want to start with Bitcoin mining, a platform to buy Bitcoin in two simple steps data, a hardware wallet to keep your digital assets secure even offline and much more!
Coinberry is a leading crypto trading platform that helps you buy Bitcoin and other cryptocurrencies such as Entherum, Litecoin, Ripple, etc. In addition, you get live stats of different cryptos such as Bitcoin, Ethereum, Litecoin, Ripple, Bitcoin Cash, and Stellar. Other benefits include:
- They’re insured by Lloyds and FINTRAC registered. Hence every transaction and purchase you make is perfectly safe.
- Their mobile application helps you buy and sell crypto in mere minutes, and there is a 0% CAD Withdrawal Fee.
- They also provide a learning forum for users who want to start learning the concepts of Blockchain and cryptocurrencies.
One can start with amounts as little as $50 on this platform. Your Bitcoin is not only safe when online but also when you’re offline. Its vision is to help its users with the best crypto deals and provide dedicated live customer support.
Coinkite sells unique products like Coldcard Hardware Wallet that help keep Bitcoin safe physically. In addition, theirOpendime USB stick is the world’s first physically spendable Bitcoin that lets you have transactions similar to a dollar.
Other products such as the Bitcoin Data Display, Self-host Bitcoin Server, Bitcoin Terminal, etc., are designed to make trading comfortable and accessible for newbies looking forward to it but are still worried. So if you’re a new trader, using their products will help you discover a new era of safety for your digital assets!
On Coinsmart, you can buy and sell cryptos hassle-free, and they offer a variety of coins such as Bitcoin, Litecoin, Ethereum, XRP, Cardano, Stellar, and a lot more! Besides, they’re constantly evolving and adding up new currencies and forms of digital exchanges to their platform.
The vision behind Coinsmart is to provide step-by-step assistance to newcomers and help experts who are in this for a long time. You have access to the funds the same day, there are multiple account funding methods, and you get to track all your trades — all with 100% safety and guarantee.
When Fintech Select decided to spread their branches towards crypto, they noticed a common issue, i.e., lack of understanding in newcomers and a lack of physical cryptocurrency exchange platforms. So, they decided to connect their solutions to POS and a Select Coin card through which trading became very easy, just like swiping a regular debit or credit card. They are entirely different from other trading platforms and help you trade through a POS terminal.
When you use Fintech Select for your crypto deals, you can purchase Bitcoin without any troubles in a matter of a few minutes. They’re trustworthy, provide multiple gateways such as POS Solutions, and make trading super easy for anyone new.
Bitbuy is one of the leading Canadian cryptocurrency trading platforms that provide user-oriented and easy access to Bitcoin and other digital currencies for its users. Co-founded by Adam Goldman in July 2016, this trading platform renders effortless solutions for beginners to get involved in cryptocurrency and provides advanced services such as Pro Trade, Over-The-Counter sales, and a stable API. Deemed as one of the safest exchanges in Canada, Bitbuy undergoes regular audits to ensure users’ investments. It is suited for both beginners and advanced traders and operates a scheme of 95% cold storage of coins, protecting assets from cyber adversaries.
Bull Bitcoin is a fixed rate Bitcoin exchange exclusive to Canada. Also known as Canada’s Bitcoin Company, this Bitcoin-only exchange is Canada’s first and largest Bitcoin payment processor. Founded by Francis Pouliot in 2014, Bull Bitcoin allows its users to buy, sell and spend Bitcoin directly with their Bitcoin wallet without any custodian. Users can use this platform to:
Operated under Satoshi Portal Inc., this platform takes every measure to prevent espionage and fully complies with necessary regulations.
Coinmiles is a rewards application, the first-ever app for Canadian shoppers, that rewards them with Bitcoin. This Montreal startup founded by Dave Pouliot in 2018 makes investing in Bitcoin more accessible and fun by letting the users a share of Bitcoin every time they spend money through the app. The Coinmiles app has over 700+ brands with which it has partnered to allow the consumers to find deals and receive Bitcoin shares instead of reward/perks when they spend. Coinmiles is user-friendly in terms of its ease of use. It gives up to 35% cashback in Bitcoin when shopping online. This platform is free-to-use and also offers a flexible wallet service.
Mogo Crypto, a cryptocurrency trading platform to buy and sell Bitcoin in Canada, provides a user-friendly platform that supports investing in Bitcoin through Canadian dollars. Launched in 2018 by David Feller, Mogo Crypto offers a fast and straightforward solution to trade with zero funding and withdrawal fees. It allows users to trade at real-time prices instantly from their mobile devices. Anyone can open an account and start trading within minutes. Apart from trading, it also offers loans, free credits, and referral programs along with identity fraud protection. It has over 1 million members and has generated over 1.3 million loans to date.
The National Digital Asset Exchange (NDAX) is a Canada-based digital currency exchange for organizations and individual users. It was built to simplify trading and is an easy-to-use, beginner-friendly platform that allows access to trade Bitcoin and other crypto-assets like Ethereum, XRP, Litecoin, etc. NDAX offers the most extensive portfolio of digital currencies in the country and instant verification of users, and low transaction fees. This platform is exclusive to Canadians and allows them to trade in the crypto marketplace with ease and secure transactions. It is versatile for both beginners and advanced traders and offers a relatively fast processing time on transactions. Besides, they also provide 24/7 customer support which is a must when you’re just starting your crypto journey.
Decentral Inc, an innovation hub and software development company focusing on decentralized technologies, has created digital asset platforms like Jaxx Classic and Jaxx Liberty to empower millions with tools to control their digital lives. Based in Canada, Decentral leads the blockchain movement around the world. The company released Jaxx 1.0 in 2016. Within a year, it passed 100,000 users. This platform supports almost all the leading cryptocurrencies in the industry. Jaxx Liberty is compatible with Android, iOS, MacOSX, Windows, Linux, and Google Chrome. Jaxx is entrusted by Millions of users globally.
Leverj, the first exchange built on the customized Gluon technology, does not compromise security aspects while offering a full-featured and decentralized futures exchange. Moreover, it ensures users’ privacy by allowing them to trade with their wallets or keys while using multi-signature accounts. This Layer 2 scalable trading engine provides a high degree of liquidity, order flexibility, scalability, and transparency levels while ensuring instant finality. High blockchain speed and zero gas fees are Leverj’s primary characteristics. In addition, trading on this exchange platform is quite user-friendly, and one can also take advantage of their Referral Program to get some of the commission fees back.
Netcents Systems is a technology service provider where individuals seamlessly integrate cryptocurrency payments into their business without any fear of risk/volatility of the cryptocurrency market. Netcents Systems acts as a transactional hub for cryptocurrency payments and guarantees the payment in local currency directly into your bank account. Netcents Systems comes with the following advantages.
- Being fully customizable, it allows easy integration for e-commerce and retail entities.
- While accepting crypto payments online and in-store from any wallet, it guarantees price protection.
- Robust Asset Management System and adherence to KYC/AML norms.
- AI transaction validation and 0-Blockchain confirmation.
Newton, which claims to be Canada’s first no-fee cryptocurrency brokerage firm, allows buying and selling any device at the best cryptocurrency prices. Setting up an account with Newton is easy. Newton gives you a choice to transfer your funds or retain them with the company. The advantages of using Newton’s services are instant verification, multiple OS compatibility, zero trading fees, high liquidity, 3rd party custody, and competitive spreads. In addition, it is a highly secure trading platform that ensures customer data privacy, PIPEDA compliance and provides exportable T5 statements of investment income.
NonFungible, the largest blockchain gaming and crypto collectible market database, is the perfect place to track, discover, and analyze NFTs. The site uses real-time digital asset tracking to navigate NFT markets with utmost confidence and a high degree of transparency. In addition, the company provides the following services.
- Research NFT sales history and trends
- Assess the market value of NFTs before trading
- Detailed learning content on NFTs
PTP Wallet is a secure blockchain wallet developed for customers to create their digital portfolio in a single place. PTP Wallet stands out to be the first digital wallet for crypto-investors and the first platform to allow its customers to set up a loyalty program to increase customer retention. With PTP Wallet, you can send funds even by email or SMS. You can also avail of cashback asPerkCoins after being their loyal customer. In addition, it gives you the ability to unite20 cryptocurrencies, pin-code protection, and a strong passkey. Lastly, users valuing their privacy get to stay anonymous, as your transactions are not linked to your real identity, and third-party cannot see what you’re doing!
The Theta Token started with its Blockchain back in 2017 and streams video content. Theta has its Blockchain and encourages users to invest in Theta crypto to decentralize video streaming. The platform aims to give its customers an excellent experience with high-quality video content. It provides many video content-related benefits by providing global infrastructure for video content on many crypto exchange platforms. Theta tries to solve today’s online video streaming services, such as poor video quality, high data cost, and less revenue flow to the content creator.
A Montreal-based fintech firm, Timechain, is set to democratize finance for all. They want to bring users a platform that simplifies crypto transactions and trading. You can pre-register for the platform; the first 10,000 users who download will get $20 worth of TCS tokens directly into their wallets. Besides, on TimechainSWAP, users will be able to get the best prices for crypto swaps. More details can be checked out on their website, and you can register for the same here.
VirgoCx, founded in 2018, is a renowned cryptocurrency exchange platform entrusted by many Canadians for it provides its customers withrobust security, among many other benefits. These include zero trading fees, instant funding, and 24/7 live support. Besides, users can take advantage of their referral program, wherein they can claim $10 after referring their platform to a friend.
Wealthsimple focuses mainly on two major cryptocurrencies, Bitcoin and Ethereum. People choose to use Wealthsimple for its easy user interface and quick sign-in process. In addition, Wealthsimple offers advantages like transparency, no commission and transaction fees, 24/7 support, and minimum balance stipulation. Besides, they have a learning platform for users to start with the basics of Personal Finance, where they have covered the basics of cryptocurrency and many other aspects such as Taxes, Savings, etc. However, one demerit of the platform is that it deals in only two cryptocurrencies, hence not suitable for investors looking to invest in multiple cryptocurrencies.
It’s never too late to start investing, and the cryptocurrency ecosystem in Canada is getting healthier as more enthusiasts, professionals, and enterprises join hands. Investment and trading in cryptocurrencies are straightforward, provided you know the basics of how the crypto industry works and are familiar with basic cyber hygiene practices to keep your wallets, private keys, and accounts safe. The article helps you to know, understand, and review 25 top crypto companies and startups in Canada in 2021 that provide technology-based services to individuals and businesses interested in learning and taking their first step into the world of Blockchain and cryptocurrencies.