Wealthsimple Crypto Review 2026
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BuyBitcoin.ca Editorial Team
Canadian crypto researchers · methodology
Our verdict
Wealthsimple Crypto: Recommended
The safest, simplest choice for existing Wealthsimple users. The 1.5% fee is meaningfully more than NDAX or Kraken Pro, but if you value having all your investing under one roof, it's a fair price.
What's great
- Fully regulated CSA platform
- Great for existing Wealthsimple users
- Simple, clean UI
What to know
- 1.5-2% operations fee
- No advanced trading tools
- Limited advanced order types
Maker / Taker
1.5% / 1.5%
Assets
60+
Funding
Interac e-Transfer
01. Overview
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.
Why We Rank it Highly
- Wealthsimple Crypto was the first crypto trading platform to be registered directly with the CSA — the strongest regulatory pedigree of any Canadian crypto exchange.
- One account for crypto, stocks, ETFs and TFSAs. Ideal if you already use Wealthsimple Trade or Wealthsimple Invest.
- The Wealthsimple app is one of the best-designed financial apps in Canada. Easy for first-time users, no clutter.
Potential Drawbacks
- The buy/sell price includes a 1.5% to 2% operations fee, one of the higher effective costs among Canadian exchanges.
- No limit orders, no order book, no charting tools. Purely a buy-hold-sell platform.
- Fewer coins than NDAX, Kraken or Newton — focus is on major cryptos only.
Final Verdict
"The safest, simplest choice for existing Wealthsimple users. The 1.5% fee is meaningfully more than NDAX or Kraken Pro, but if you value having all your investing under one roof, it's a fair price."
Quick Facts & Key Details
Exchange Type
Centralized Exchange
Founded
2020
Headquarters
Toronto, Canada
User Base
1M++ Users
Currencies Supported
60+ Assets
Trading Fees
1.5% Maker / 1.5% Taker
Payment Methods
Interac e-Transfer, Direct Deposit, Bank Wire
Available Globally
Canada
Ready to trade?
Visit the official Wealthsimple Crypto website to open your account.
Total Expert Score
Out of 5 Stars
Security & Performance Metrics
02. Comparison & Features
Asset Selection
Wealthsimple Crypto supports over 60 cryptocurrencies for trading, covering all major markets and emerging tokens.
Payment Methods
User Interface & Experience
The platform offers a user-friendly interface designed to make cryptocurrency trading accessible to the Canadian market.
Unique Features
- CSA-registered platform
- Interac e-Transfer
- Auto-invest recurring buys
- One-account access to stocks + crypto
- Bank-grade encryption
- Withdrawals to external wallets
- 60+ cryptocurrencies
Mobile App Performance
Mobile app available for iOS and Android with core trading functionality and instant push alerts.
How to Start Using Wealthsimple Crypto
Download the Wealthsimple app
Sign up for a Wealthsimple account (crypto is a tab)
Complete KYC verification
Fund with Interac e-Transfer or direct deposit
Navigate to the Crypto tab and select a coin
Confirm buy
03. Security & Trust
Regulated Centralized Exchange
Institutional-Grade Infrastructure
As a centralized exchange, Wealthsimple Crypto manages the custody of your digital assets during trading. This requires a high level of trust in their internal security protocols and insurance coverage.
Independent Auditor Note
"While exchange security is critical, we always recommend moving large holdings to a hardware wallet to eliminate third-party risk entirely."
04. Fees & Trading Limits
Trading Fee Structure
Spot Market
Deposit Methods & Fees
Withdrawal Schedule
Fees are subject to real-time market changes. Always verify the current fee schedule on the official Wealthsimple Crypto portal before executing high-volume trades.
05. User Reviews & Community Feedback
"Perfect for someone like me who already used Wealthsimple for stocks. One app, one tax slip, done."
Sarah T.
Verified Canadian User
