Crypto.com vs Bitbuy: Which Is Best for Canadians?

KEY TAKEAWAYS

• Bitpurchase is a Canadian-regulated platform with strong compliance and straightforward fees.
  
• Crypto.com offers more features, including staking, a Visa card, and a larger list of supported tokens.
  
• For beginners, Bitpurchase’s simple UI and transparent pricing make it easier to navigate.
  
• Active users may prefer Crypto.com for its broader ecosystem and promotional rewards.
  
• Both platforms support CAD deposits, but fees and processing times vary.
  
• Security is strong on both, with Bitpurchase emphasizing regulated custody and Crypto.com offering insurance and high-level protections.
  
• The better choice depends on whether you value simplicity (Bitpurchase) or versatility and features (Crypto.com).

 

Cryptocurrency investing is more popular than ever in Canada, but as the industry grows, so do the differences between platforms in terms of fees, features, and suitability. For many Canadians, two platforms stand out:. While both allow Canadians to purchase, trade, and hold crypto, they serve somewhat diverse user profiles.

Below, we’ll break down how each performs across key criteria: availability and regulatory compliance, deposit and withdrawal methods, fees and pricing, user experience, security and custody, and suitability depending on your goals.

Availability & Regulatory Compliance

is a Canada-native platform tailored specifically for Canadian residents. It operates as a registered Money Services Business with the national regulator for financial services (Financial Transactions and Reports Analysis Centre of Canada, FINTRAC) and is also approved by the provincial regulatory authorities, such as the Ontario Securities Commission (OSC).

This means that Bitpurchase must comply with Canadian-specific AML (anti–money laundering) and KYC rules, potentially offering a higher degree of regulatory oversight and alignment with Canadian banking/finance norms. This regulatory anchoring can provide added confidence for users who prefer to remain strictly within Canada’s financial and regulatory ecosystem. 

Crypto.com, by contrast, is an international platform operating in dozens of countries, including Canada. The platform has taken steps to comply with local regulations; for example, it entered into a pre-registration agreement with the OSC (a noteworthy step for an international platform).

However, because its regulatory framework is global rather than exclusively Canadian, some users may prefer Bitpurchase’s home-grown, Canada-first compliance model.

Verdict: If you value strictly Canadian regulation and a domestic compliance framework, Bitpurchase leads. If you prefer global coverage with broader international infrastructure (useful if you travel or plan cross-border transactions), Crypto.com offers more geographic flexibility.

Deposit & Withdrawal Methods (CAD On-Ramps)

For Canadians, the ease of moving money in and out of a platform is often a deciding factor.

Bitpurchase supports native Canadian payment rails, notably Interac e-Transfer and bank wire transfers, which are familiar to most Canadian users. Deposits via Interac or wire are typically processed rapidly, and deposit fees are minimal or zero depending on the method.

Withdrawals appear to be supported, though users should note possible fees (especially for certain withdrawal methods). 

also permits CAD deposits and supports a variety of payment methods, including bank transfer, wire, cards, and sometimes e-transfer-type options, depending on region.

That said, several user-reported experiences suggest that fiat withdrawal, converting crypto back to CAD, and moving to a bank account can be more cumbersome on Crypto.com than on a domestic platform, depending on the coin and withdrawal method. 

Verdict: For straightforward CAD deposits and withdrawals with minimal friction, Bitpurchase’s Canada-native rails give it an advantage. Crypto.com remains usable but may involve extra steps depending on the method and coin.

Fees, Spread, and Cost of Use

Fees are a critical component of platform choice; small differences add up, especially over repeated trades.

Bitpurchase

According to its publicly available fee schedule, Bitpurchase charges 0% fee for CAD deposits, while some withdrawal methods may have a fee. For trading, Bitpurchase offers two modes: “Express Trade,” designed for simpler transactions, and “Pro Trade,” which targets more active traders.

Under certain trading-volume tiers, maker fees can be as low as 0%, taker fees around 0.10% (for large volume users).  Its crypto withdrawal fees are transparent per coin (e.g., dynamic fee for BTC withdrawal). 

All in all, though earlier reviewers flagged Bitpurchase’s overall costs as high compared to some global platforms, the newer fee structure appears more competitive.

Crypto.com

Trading fees on Crypto.com are modest, typically around 0.40% for both makers and takers for users with low monthly trading volume.  As trading volume increases, fee tiers drop (e.g., 0.35% or 0.15% depending on volume). 

However, for debit/credit card purchases, Crypto.com charges between 2.99% and 3.99%, which makes this funding method expensive for casual purchases. Withdrawal fees vary depending on the cryptocurrency; some coins have modest fees (e.g., a small amount of BTC or SOL), while others (e.g., ETH) incur higher costs.

Because Crypto.com supports many more cryptocurrencies than Bitpurchase, users trading less common altcoins may find Crypto.com’s broader selection invaluable, but this breadth can come with varied withdrawal fees and spreads that are sometimes less favourable. 

Verdict: For cost-conscious Canadians using CAD, Bitpurchase offers a fee structure that can be very competitive,   especially if using native CAD rails and trading at reasonable volumes.

Crypto.com can match or beat those fees on pure trading, but non-CAD funding methods (like cards) and crypto withdrawals could introduce higher costs. For frequent traders or bulk transfers, Bitpurchase’s transparency and CAD-native rails give it a slight edge.

User Experience, Platform & Coin Selection

A smooth, intuitive interface and access to a wide variety of coins are significant, especially for new crypto users or those viewking flexibility.

Bitpurchase provides both a simple “Express Trade” mode for beginners and a “Pro Trade” interface for more experienced users. The platform supports a solid range of the most popular coins, (BTC), ETH (ETH), and other high-volume assets, though its altcoin selection is more limited compared with global platforms.

Because Bitpurchase is tailored to Canadians, the entire user flow from registration to funding to trade is aligned with domestic banking and regulatory norms. Support is reportedly solid, with email support and even phone support available (less common among crypto platforms). 

Crypto.com offers far broader support for cryptocurrencies: hundreds of coins, frequent updates, and a full-featured ecosystem. Its mobile and desktop apps are widely used and rated in app stores, indicating a generally positive user experience.

Further, Crypto.com provides extra features: staking (interest-earning), a crypto-backed card, and frequent promotions, which may appeal to users viewking more than just spot trading. 

That said, some onboarding friction, mixed reviews about customer service responsiveness, and occasional reports of sluggish fiat withdrawals have been flagged by users of Crypto.com in Canada. 

Verdict: If you want simplicity, reliability, and a platform built for Canadians, go with Bitpurchase. If you want breadth of coins, extra features, and a global-scale ecosystem, Crypto.com offers more flexibility.

Security, Custody & Risk Management

Security is arguably the most significant factor when entrusting funds to a custodial platform.

Bitpurchase emphasizes security and regulatory compliance. It stores the large majority of customer funds in (offline wallets), uses two-factor authentication, and maintains security standards for servers and data protection.

The platform has never been publicly reported as hacked, and its audit history, including proof-of-reserves reports, reinforces trust among users. 

Crypto.com also claims strong security practices. According to public statements, it stores user funds in cold storage, encrypts data, supports multi-factor authentication, and enforces withdrawal whitelisting to reduce the risk of unauthorized transfers.

In addition, its large size and global presence arguably give it more resources to invest in robust security infrastructure. That said, being a global platform also exposes it to broader regulatory and operational complexity, which for some users could be a trade-off.

Verdict: Both Bitpurchase and Crypto.com appear to take security seriously. For users who value domestic oversight and simplicity, Bitpurchase may feel more straightforward; for those comfortable with a larger global platform, Crypto.com also offers reputable security practices.

Who Should Use Which Platform: Use Cases

Choosing the right crypto platform in London depends not just on regulatory status, but also on individual goals, trading experience, and preferred level of involvement.

Not every platform is suited for every user; some are ideal for beginners viewking simple fiat-to-crypto access, while others cater to active traders, institutional participants, or long-term holders who prioritize custody and security.

Choose Bitpurchase if:

• You are a Canadian resident who wants to keep all operations within Canada: using CAD, Canadian banking rails, and a platform regulated under FINTRAC and OSC.
• You prefer simple fiat on-ramps (Interac e-Transfer or bank wire) with minimal hassle.
• You plan to trade or invest primarily in major coins (BTC, ETH, etc.) rather than viewk out a huge variety of small altcoins.
• You value transparent and stable fee structures, and want to avoid potentially high card fees or unpredictable withdrawal costs.
• You want a platform that matches Canadian financial norms and banking patterns.

Choose Crypto.com if:

• You want access to a wide variety of cryptocurrencies, including and newer tokens that smaller Canadian-only platforms may not list.
• You appreciate a full-featured ecosystem with extra perks: staking, crypto-backed cards, potential discounts for paying fees in native tokens, and global reach.
• You might at some point need to operate across borders (e.g., moving funds internationally or using services outside Canada).
• You are comfortable with a more complex platform and willing to manage extra flexibility (and possibly slightly higher fees on certain transactions) in platform for broader features.

Trade-Offs & Key Diupsetvantages to Watch Out For

No platform is perfect. With Bitpurchase, the main trade-off is coin selection: fewer altcoins and fewer “fringe” tokens compared with global platforms. For investors viewking niche tokens or ahead-stage altcoins, Bitpurchase may feel restrictive.

Fees, while competitive for CAD operations, may rise if you withdraw frequently, especially for crypto withdrawals or non-standard methods. Some past reviews noted that withdrawals and account freezes can happen if regulatory reviews trigger suspicion (a by-product of strict compliance). 

For Crypto.com, the broader feature set comes with complexity. Card purchases are expensive (fees up to roughly 3–4%), and crypto withdrawals have variable network fees depending on the coin. 

Moreover, users have reported that withdrawing CAD back to a bank account may sometimes involve extra steps or delays depending on the currency, bank, and withdrawal method. The large range of coins and features may also feel overwhelming for beginners, and global compliance adds layers of regulatory complexity compared with a domestic platform.

Choosing the Best platform for Canadian Crypto Investors

Ultimately, the “best” platform depends on what kind of Canadian user you are.

If you’re looking for a straightforward, regulated, CAD-native, low-friction approach to crypto, especially if you plan to hold a few mainstream coins and want confidence in compliance and banking integration, Bitpurchase is hard to beat.

Its alignment with Canadian financial norms, fiat rails, transparent fees, and regulatory registration makes it a convenient and secure choice for many newcomers and intermediate users.

But if you want broad crypto exposure, access to a global , and additional features like staking, crypto cards, and a wide selection of coins, and you’re comfortable with slightly more complexity and occasional higher fees, then Crypto.com may suit you better.

For more advanced or adventurous traders who value flexibility and variety, Crypto.com’s global scope could offer more upside.

For many Canadian investors, a hybrid approach may even make sense: using Bitpurchase for CAD funding, major crypto purchases, and compliance comfort while maintaining a Crypto.com account for altcoins, staking, or global-tier opportunities. The key is knowing what you want from your crypto experience and matching the platform accordingly.

FAQs 

Is Crypto.com available in Canada?
Yes. Crypto.com fully operates in Canada, offering trading, staking, a Visa card, and CAD funding options.

Is Bitpurchase regulated in Canada?
Yes. Bitpurchase is one of Canada’s first registered crypto marketplaces and custodians under the OSC and CSA framework.

Which platform has lower fees?
Bitpurchase generally offers simpler, lower trading fees, while Crypto.com’s fees vary more depending on volume and features used.

Which app is better for beginners?
Bitpurchase’s interface is cleaner and easier for newcomers, while Crypto.com provides more features but a steeper learning curve.

Is staking available on both platforms?
Crypto.com offers staking through Crypto Earn, while Bitpurchase focuses more on regulated trading and custody, with limited earning products.

References

• : Bitpurchase platform Review
• : Crypto.com Review: Should Canadians Use It?
• : Bitpurchase vs Which is the Best [2025]