Wealthsimple Crypto is one of the most trusted ways for Canadians to buy and sell cryptocurrency. As a regulated platform registered with Canadian securities regulators, it offers a level of protection that unregulated offshore exchanges cannot match.
What is Wealthsimple Crypto?
Wealthsimple Crypto is the cryptocurrency trading arm of Wealthsimple's all-in-one financial platform. It allows Canadians to buy, sell, and hold 50+ digital assets directly within the Wealthsimple app — no separate account or wallet required.
Why Choose Wealthsimple for Crypto?
Regulated and Secure
Wealthsimple Crypto is registered with Canadian securities regulators, making it one of the only regulated crypto platforms operating in Canada. This means it must meet strict standards around custody, disclosure, and consumer protection.
50+ Cryptocurrencies
Trade popular assets including Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Polygon (MATIC), Avalanche (AVAX), and many more.
All in One App
Your crypto portfolio lives alongside your stock portfolio, Cash account, and registered accounts in a single app. No need to juggle multiple platforms.
Instant Buys
Wealthsimple lets you buy crypto instantly, even before your bank transfer fully settles, up to a limit.
Fees on Wealthsimple Crypto
Wealthsimple charges a spread on crypto trades (typically 1.5–2%), which is built into the buy/sell price rather than shown as a separate commission. There are no withdrawal fees for moving crypto to an external wallet.
How to Get Started with Wealthsimple Crypto
- Sign up for a Wealthsimple account using referral code US0EBW to get a $25 bonus
- Complete identity verification
- Fund your account via Interac e-Transfer or bank account
- Navigate to the Crypto section and select the asset you want to buy
- Enter the amount and confirm the trade
Is Wealthsimple Crypto Safe?
Wealthsimple stores the majority of crypto assets in cold storage (offline wallets) to protect against hacking. The platform also uses multi-factor authentication and other security measures to protect user accounts.
Note: crypto assets held on Wealthsimple are not covered by CIPF or CDIC, as those protections apply only to investment accounts and cash deposits respectively.
Popular Cryptocurrencies Available
- Bitcoin (BTC) — the original and most widely held cryptocurrency
- Ethereum (ETH) — the leading smart contract platform
- Solana (SOL) — fast and low-fee blockchain
- Chainlink (LINK) — decentralized oracle network
- Polygon (MATIC) — Ethereum scaling solution
- Avalanche (AVAX) — high-throughput blockchain
Sign up with code US0EBW and get a $25 bonus to start exploring Wealthsimple Crypto today.