In Canada, the ease of purchasing Bitcoin (BTC) using cryptocurrency exchanges has increased, given the increased number of cryptocurrency exchanges that serve the Canadian market. Nevertheless, not every platform is the same. The differences may include security, fees, user experience, features offered, and regulatory compliance. There is also the name of one of the exchanges that is gaining momentum with lightning speed, Bitget, a global exchange that is currently fully servicing Canada. In this review, we will compare Bitget with other trading platforms to help you decide how to buy bitcoin in canada and where to purchase your BTC.
BITGET Overview: Local Users, Global Platform
Bitget is new in Canada, but with international experience and profound liquidity. Bitget was established in 2018 and became one of the leading exchange platforms all over the world. Its distinguishing features are a strong trading system, more than 500 supported cryptocurrencies, and features such as spot trading, futures, copy trading, and P2P transactions. By 2025, Bitget will be entirely available for Canadians with localized payment methods, CAD support, and support of local regulations.
To purchase Bitcoin, Bitget accepts a wide range of funding options, such as credit/debit cards, Apple Pay, Google Pay, and local bank transfer. It has P2P trading and zero-fee offers, which help it attract new and experienced investors as well.
Coinsquare: Regulatory Pioneer
Coinsquare is one of the oldest crypto exchanges in Canada, and it is considered one of the first to register with the Canadian Securities Administrators (CSA). It is of particular interest to users who care about the regulation, security, and straightforward user interface. Coin Square is a Bitcoin and large altcoin exchange with services such as OTC trading and crypto tax documentation. But it supports fewer tokens, and does not provide such advanced features as futures trading or copy trading.
Shakepay: Nothing Tangles
Shakepay has a niche for itself as the place to go in Canada if you are an absolute beginner. It is also commended for its simple and accessible mobile user interface and zero-charging platform on the purchase and sale of Bitcoin. But due to the absence of any advanced trading functions, order types, or access to other cryptocurrencies, Shakepay is intended more towards purchasing and keeping small balances of BTC, as opposed to active trading.
It supports Bitcoin and Ethereum only, so you might soon realize that Shakepay is not a great fit when you want to diversify your portfolio or dig into other cryptocurrencies.
Newton: Exchange That Supports CAD
A similar name is Newton, another Canadian platform that has developed a reputation for a clean and easy-to-use interface and a reasonable choice of available cryptocurrencies. Newton has no trading fees (they earn money on the spread), and it is possible to fund the account either by e-Transfer or wire transfer, which helps to get started quickly.
Although Newton is suitable for casual traders, many contemporary users insist on having futures markets, leverage options, and social trading. It is in this aspect that Bitget defeats Newton. The Bitget ecosystem offers margin trading, copy trading of professional traders, and has deep liquidity pools.
Security and Compliance
Security is a must in the crypto world. Bitget focuses on safety and has such features as proof of reserves, two-factor authentication, storing in cold wallets, and custodial deposits by third parties. The platform also features a protection fund that will compensate users in the event of massive losses, a feature that is uncommon to international exchanges.
These Canadian exchanges, such as Coinsquare and Newton, are in line with the local financial regulators, and this gives confidence to the local consumers. Bitget is not a Canadian exchange, although it claims to be global.
What Is The Best Place to Purchase BTC?
This would be based on your level of experience and a long-term agenda. In case you have absolutely no experience with Bitcoin, Shakepay or Newton might be a smoother introduction with less to overwhelm you at the outset. Coinsquare is safe and is Canada-first, in case regulatory transparency matters the most to you.
Nevertheless, in case you need an all-purpose, feature-extensive platform with enhanced trading functions, low commissions, and good global liquidity, Bitget is the best option. It combines the advantages of an international exchange with the accessibility of Canada and is therefore ideally suited to people who are not quite ready to make the move into the crypto world, but are interested in starting small and getting large.
Conclusion
As the Canadian crypto market develops, the selection of the correct platform is a paramount decision for investors. The introduction of Bitget into the Canadian market has increased competition with its emphasis on ease of use and complexity to appeal to the less experienced and the experienced, respectively. Regardless of being a novice or a seasoned player in the trading world, Bitget presents a forceful argument to turn into your first-choice platform when it comes to purchasing BTC in Canada.
