2026 guide

    How to Buy Ethereum (ETH) in Canada in 2026

    Ethereum is the second-largest crypto by market cap and available on every regulated Canadian exchange. Here's how to buy ETH quickly and cheaply with an Interac e-Transfer — and where to stake it once you've got it.
    BB

    BuyBitcoin.ca Editorial Team

    Canadian crypto researchers · methodology

    Updated August 11, 2026
    Reviewed every quarter

    The fastest path

    1. Sign up on NDAX or Shakepay.
    2. Complete KYC (5–15 minutes).
    3. Send an Interac e-Transfer for the CAD amount you want to invest.
    4. Buy ETH from the CAD/ETH pair.
    5. (Optional) Move to your own wallet or stake in-platform.

    The best exchanges to buy ETH in Canada

    1. NDAX logo

      #1

      NDAX

      4.6/5

      NDAX is a premier Canadian cryptocurrency exchange known for its low fees, high security, and deep liquidity for professional traders.

      Maker / Taker

      0.2% / 0.2%

      Assets

      30+

      Funding

      Interac e-Transfer

      • Lowest trading fees in Canada
      • Deep liquidity
      • Excellent security
    2. Kraken logo

      #2

      Kraken

      4.3/5

      Kraken is one of the oldest and most respected cryptocurrency exchanges, offering advanced trading features and top-tier security.

      Maker / Taker

      0.16% / 0.26%

      Assets

      150+

      Funding

      Bank Transfer

      • High security
      • Advanced trading options
      • Wide range of assets
    3. Shakepay logo

      #3

      Shakepay

      4.5/5

      Shakepay is a Canadian-born crypto app known for its simple mobile experience, free Interac e-Transfer deposits, and Bitcoin rewards on every purchase (Shakingsats). Popular for first-time buyers.

      Maker / Taker

      1.5% / 1.5%

      Assets

      8+

      Funding

      Interac e-Transfer

      • Excellent mobile app
      • Free CAD deposits/withdrawals
      • Bitcoin rewards program
    4. Wealthsimple Crypto logo

      #4

      Wealthsimple Crypto

      4.1/5

      Wealthsimple Crypto is Canada's first fully regulated crypto trading platform (CSA-registered), built into the popular Wealthsimple investing app. Ideal for existing Wealthsimple users who want a single account for stocks, ETFs, and crypto.

      Maker / Taker

      1.5% / 1.5%

      Assets

      60+

      Funding

      Interac e-Transfer

      • Fully regulated CSA platform
      • Great for existing Wealthsimple users
      • Simple, clean UI
    5. Newton logo

      #5

      Newton

      4.2/5

      Newton is Canada's retail crypto king, offering an unbeatable CAD experience and app UX for casual investors.

      Maker / Taker

      Spread / 1.5%

      Assets

      70+

      Funding

      Interac FREE

      • Simple CAD deposits
      • Best mobile UX
      • 24/7 Canadian support

    Where to stake your ETH in Canada

    Ethereum switched to proof-of-stake in 2022, and staked ETH earns 3–5% APR paid in more ETH. Canadian residents have three practical options:

    • Exchange staking (easiest). Kraken and NDAX both offer one-click ETH staking. You give up custody, and the exchange takes a cut of rewards (typically 15–25%).
    • Liquid staking (best APR). Withdraw ETH to a wallet, deposit into Lido or Rocket Pool. You get stETH or rETH back, which you can use in DeFi while it earns.
    • Solo staking (most decentralized). Run your own validator with 32 ETH. High technical bar but zero counterparty fee.

    Frequently asked questions

    NDAX and Kraken Pro are the cheapest ways to buy ETH in Canada with a Canadian bank account. For beginners, Shakepay and Wealthsimple Crypto are the easiest — both let you buy ETH in under 5 minutes with an Interac e-Transfer.

    Related

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