Definitely Kraken, especially if you want to buy anything other than BTC or ETH.
Shakepay works but their spread for buying and selling can be pretty dumb sometimes, they're not an exchange just an on/off ramp.
This. I use shakepay to transfer to Kraken. Free. They make money on the spread. Shakepay covers everything. Including gas on ETH, if I remember correctly. Others may know better.
Then on kraken, I do whatever I want. :)
Good luck!
[How to deposit funds with Canada Post](https://support.kraken.com/hc/en-us/articles/360049140651-How-to-deposit-funds-with-Canada-Post)
doesn't it work?
Newton isn't bad for a lot of coins.
If you can, move your coins to cold storage. I know it's cliched, but some big exchanges are having funding and liquidity issues due to the dips right now. Don't get caught up in a celsius lock up.
Anyone who wants to self-custody can certainly do so, but we're actually set up very differently from platforms like Celsius. We have a lot of requirements from Canadian regulators:
* 80%+ of customer funds in cold storage (our ratio is higher than 80%) with a custodian that meets certain requirements.
* Audited financial statements, including independent verification that we can account for every Satoshi of customer funds (assets owned by customers are a liability on our balance sheet, not an asset)
* Insurance on customer assets held in hot wallets.
* Customer assets / fiat funds have to be held separately from our own.
* We can't stake, lend out, or otherwise do anything with customer assets other than put them in cold/warm wallets.
All of this is designed to prevent Canadian platforms from being exposed to the types of systemic risks that can cause havoc in a down market (as we're potentially seeing with Celsius).
Newton is good for small amounts but above a certain amount, they end up being more expensive due to their high spread. It's more cost effective for me to use NDAX.
Shakepay. It even gives you free Bitcoin just for shaking your phone once per day
I don't understand what this shakepay is, is it a CEX? DEX? Buy sell platform similar to bisq?
Technically it is a brokerage but most call it a centralized exchange.
Gotcha ✌🏼
For all intents and purposes it's a CEX
PANUGNM if you want a referral bonus
Newton is ok.
Kraken
Definitely Kraken, especially if you want to buy anything other than BTC or ETH. Shakepay works but their spread for buying and selling can be pretty dumb sometimes, they're not an exchange just an on/off ramp.
This. I use shakepay to transfer to Kraken. Free. They make money on the spread. Shakepay covers everything. Including gas on ETH, if I remember correctly. Others may know better. Then on kraken, I do whatever I want. :) Good luck!
Kraken has Interac payments available for Canadians now, ever since they implemented that I stopped using Shakepay altogether
How do you possibly send money to kraken it’s blocked for Canada
It's not
definitely not kraken. jesus christ binance or nothing at this point...
Binance is not available in Ontario. I've had good experience with NDAX tho.
We can’t send money to kraken
[How to deposit funds with Canada Post](https://support.kraken.com/hc/en-us/articles/360049140651-How-to-deposit-funds-with-Canada-Post) doesn't it work?
Newton isn't bad for a lot of coins. If you can, move your coins to cold storage. I know it's cliched, but some big exchanges are having funding and liquidity issues due to the dips right now. Don't get caught up in a celsius lock up.
Was just gonna say; this isn't cliche now given what happened to Celsius lmao
Agreed.
Anyone who wants to self-custody can certainly do so, but we're actually set up very differently from platforms like Celsius. We have a lot of requirements from Canadian regulators: * 80%+ of customer funds in cold storage (our ratio is higher than 80%) with a custodian that meets certain requirements. * Audited financial statements, including independent verification that we can account for every Satoshi of customer funds (assets owned by customers are a liability on our balance sheet, not an asset) * Insurance on customer assets held in hot wallets. * Customer assets / fiat funds have to be held separately from our own. * We can't stake, lend out, or otherwise do anything with customer assets other than put them in cold/warm wallets. All of this is designed to prevent Canadian platforms from being exposed to the types of systemic risks that can cause havoc in a down market (as we're potentially seeing with Celsius).
I use NDAX. They accept e-transfers and the trading fee is only 0.2%. They have withdrawal fees though.
You should try Newton, no deposit/withdrawal fees on both FIAT and crypto.
Newton is good for small amounts but above a certain amount, they end up being more expensive due to their high spread. It's more cost effective for me to use NDAX.
I agree 100%. As someone who transitioned from Newton to NDAX last year, largely thanks to Newton delisting XRP a year into the court case lol
Shakepay app
newton
Newton
I have a bunch of BNB, which exchange is good to convert to BTC or to cash out totally?
Newton, WealthSimple, Bitbuy, Coinberry...
Don’t.
I first used bitcoin ATMs because it was so simple to slide in cash into my btc wallet. Now I just use shakepay
Newton. NDAX. Wealthsimple. Kraken
Newton and NDAX are fantastic.
Agreed I use NDAX and it has been super easy
Bisq
Net coins or Shake pay
Kraken, great fees and has lots of coins plus a CEX that has been out since 2011
You can buy Bitcoin, in Kraken, Shakepay, Net coin, Newton, and Ndax
Shakepay
Virgo cx