7 BEST Crypto Wallets in Canada (2025)

A cryptocurrency wallet is essential for managing your crypto assets. It is responsible for buying, selling, trading, and storing these assets securely. Traders require them to validate transaction information and safeguard cryptocurrency. Many types of crypto wallets, both hardware and software, provide users with greater security and specialized functions.

I researched 40+ of the best crypto wallets in Canada, and my extensive 100+ hours of research have identified the top choices, including both free and paid options. This comprehensive guide provides an in-depth look at the features, pros and cons of each wallet. My well-researched and trusted article is designed to help you make the best decision. Discover the ultimate crypto wallet by reading the complete article for exclusive insights. Read more…

Best Crypto Wallet for Canada: Top Picks!

Wallets	Main Features	Staking Support	Pricing	Canada Friendly?	Link
👍 Zengo	Best to buy crypto directly from the wallet	Yes	Free	Yes	Learn More
👍 Uphold	Set up automatic, recurring transactions for dollar-cost averaging	Yes	Free	Yes	Learn More
Tangem Wallet	Integrated 3rd-party DEX & CEX exchanges for easy crypto trading.	Yes	$54.90	Yes	Learn More
BitBuy	Low trading and deposit fees	Yes	Free	Yes	Learn More
CoinBase	Easy-to-use interface and beginner-friendly	Yes	Free	Yes	Learn More

1) Zengo

Best to buy Crypto directly from the wallet

Zengo is one of the most secure crypto wallets I have reviewed. I found that Zengo uses MPC technology to eliminate the need for private keys. It is one of the best Bitcoin wallets that I have come across. The simple recovery process lets me access my crypto and buy other cryptos directly from my Zengo account. 

I could access an extensive library of top-notch content available at Zengo, including educational videos, articles, blog posts, and podcasts on cryptocurrencies.

Features:

• User-Friendly Interface: I found the platform’s interface intuitive and user-friendly, providing a seamless experience for users.
• Biometric Encryption: It uses biometric encryption, like fingerprint or face scan, for a secure crypto wallet setup.
• Variety of Payment Methods: I could access multiple payment options, including credit/debit cards, Apple Pay, and bank wire transfers.
• Advanced Security: It offered me a robust 3-factor authentication model, ensuring enhanced security for transactions.
• Staking and Interest Earning: Zengo allows staking, which effortlessly helped me earn interest on my cryptocurrency holdings.
• Global Availability: The service is available in 188 countries, offering extensive global access to users.
• Support: I received 24/7 support through live chat, phone, and email, which ensured continuous assistance.

Visit Zengo >>

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2) Uphold

Best for discovering new, exclusive altcoins

I evaluated Uphold, and it stood out as an amazing platform for managing various assets. It is used by over 10 million people in 184 countries. I could trade more than 250 cryptocurrencies, traditional currencies, and precious metals. Uphold’s 100% reserve model is ideal for ensuring the safety of user funds. I received real-time asset and liability data updates every 30 seconds, a great way to gain transparency and trust.

Uphold offers a diverse portfolio with over 250 cryptocurrencies, such as BTC, ETH, XRP, HBAR, and XLM, along with the option for users to engage in staking. It helps you send funds to any other Uphold account using just an email address.

Features:

• Connected Exchanges: This platform provided me with the best token prices by connecting to 26 underlying exchanges.
• Staking Options: I could stake dozens of cryptocurrencies with high APYs, which offered great potential for passive income.
• Cashback Debit Card: I received a free debit card that offered cashback in XRP, making my daily transactions rewarding.
• Automatic Transactions: You can set up automatic, recurring transactions for dollar-cost averaging, which helps you build wealth systematically.
• Limit Orders: This platform allowed me to create up to 50 simultaneous limit orders without funding my account upfront.
• Transparent Balance Sheet: I value the tool’s approach to keeping a transparent balance sheet, which assured me that my funds were secure and never lent out.

Visit Uphold >>

Free Wallet

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3) Tangem Wallet

Best for easy crypto trading

Tangem Wallet is a hardware crypto wallet that is perfect for storing, buying, selling, sending, receiving, and exchanging over 4000 coins like Bitcoin, Ethereum, Litecoin, and Dogecoin. I could also use it to access DeFi and dApps. 

The Tangem Cold Wallet consists of two main components. One component is the hardware wallet device — two or three physical Tangem cards with an inbuilt secure element chip developed in collaboration with Samsung semiconductors and an NFC antenna. The other component is the Tangem mobile app, available on iOS and Android platforms.

Features:

• Authenticity Verification: The app ensures the chip and firmware’s authenticity, which safeguarded my digital assets from potential risks.
• Highest Security Standard: I discovered that Tangem’s chip adheres to the highest security standards, protecting users from invasive and non-invasive attacks.
• Random Private Key Generation: As per my research, the chip generates a random private key that is securely transferred between cards with no copies in existence.
• Integrated Crypto Exchanges: Its integrated third-party DEX and CEX exchanges allow you to trade crypto easily within the app. It helped me access trades more conveniently.
• Open-Source Code: The Tangem app’s open-source code is available on GitHub and verified by the community, ensuring transparency.
• Support: Tangem provides a comprehensive help center, chat, and email assistance, ensuring you receive the help you need.

Visit Tangem Wallet

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4) BitBuy

Best choice for storing assets with cold storage

Throughout my assessment, I found BitBuy to be one of the safest crypto wallets in Canada. It offers secure and economical crypto exchange services. BitBuy allowed me to trade popular cryptocurrencies effortlessly. With Ontario Securities Commission approval, BitBuy offers secure storage for unlimited tokens and Altcoins.

I recommend BitBuy for its awesome security features and top-rated functionality. Additionally, it supports coins such as Bitcoin, Solana, and Ethereum exclusively for users in Canada.

Features:

• Express Trade: It offered me a user-friendly Express Trade interface, which simplified trading and helped me find quick and easy deals.
• OTC Service: The OTC service, known as BitBuy Private Wealth, helped me manage large-volume trades securely and discreetly.
• API Automation: The BitBuy API allowed me to automate trading activities, enabling efficient and timely transactions.
• Pro Trade:  As per my research, it offers a pro trade feature that experienced traders might find beneficial for professional-level trading.
• Payment Methods: The platform supports Interac-Transfer and wire transfer payment services, providing convenient deposit options.
• Advanced Charts: The pro-trade advanced charts provided by TradingView aim to enhance technical analysis for traders.
• Supported Platforms: I could use BitBuy on Android and iOS platforms, which makes it accessible on a wide range of devices.
• Customer Support: Support is available via an online support page, chat, and mail, making sure you get the help when needed.

Visit BitBuy >>

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5) CoinBase

Best beginner-friendly crypto wallet

As I evaluated CoinBase wallet and discovered that it integrates with your CoinBase account, allowing you to buy and sell cryptocurrencies with ease. The straightforward and user-friendly interface lets me connect to most of the major banks in Canada smoothly. Its cloud backups are amazing for securing digital keys and helping users recover them if lost. 

During my research, I noticed that CoinBase offered over 100 diverse selection of cryptocurrencies, including Bitcoin and Ethereum. It is accessible across continents from North to South America, Europe, Asia, and Africa, with crypto-staking options available.

Features:

• Biometric: Its biometric fingerprints and AES-256 encryption provided me with additional security layers for user data protection.
• Insurance Protection: The crime insurance policy from CoinBase helped in protecting my digital assets against cybersecurity breaches and theft.
• Security: I discovered that it includes 2-factor authentication to enhance account security and protect your digital assets.
• Customer Support: The 24/7 support includes a chatbot, email support, and a live, automated phone system.
• Platform Availability: As per my research, this non-custodial Bitcoin wallet is available on both Android and iOS platforms for ease of access.

Visit CoinBase >>

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6) Crypto.com

Best for top-notch security and encryption

In the course of my review, I noticed that Crypto.com is ideal for secure storage. It gave me full control over private keys and digital assets, which ensures solid protection. This wallet also supports various fiat currencies, including U.S Dollar (USD), Canadian Dollar (CAD), Brazilian Real (BRL), and more. In my opinion, it is also a great option for getting the lowest fees with a credit/debit card or bank transfer.

Crypto.com caters to a broad audience across nearly all European nations, providing a diverse portfolio of over 250 cryptocurrencies such as BTC, LTH, ETH, and DOT, among others.

Features:

• Crypto Swapping: It allowed me to swap cryptocurrencies on a 1-on-1 basis and access tools for passive income.
• Mobile Apps: I could access mobile apps on both iOS and Android platforms, which provided me with enough flexibility and convenience.
• Enclave Technology: This wallet utilizes Secure Enclave technology, offering a robust solution for safeguarding sensitive data.
• Security: Crypto.com provides multiple layers of security, including 2-factor and biometric authentication, for enhanced protection.
• Support Options: I received support through both email and live chat, making sure I got timely assistance whenever needed.

Visit Crypto.com >>

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7) Bitunix

Best for easy debit and credit card deposits

Bitunix is a global cryptocurrency derivatives trading platform and is one of the best crypto wallets in Canada. I analyzed its performance and noted that it charges very low fees on crypto trades. As per my research, Bitunix is an excellent wallet for secure crypto transactions.

Bitunix has acquired regulatory licenses in the U.S., Canada, and the Philippines, with plans to expand further into regions like Japan and the UK. Its features include high-leverage futures trading (up to 125x), multilingual customer support available 24/7, and strong security measures to protect user assets.

Features:

• Login Security: Using its mobile app, I received a fingerprint login system and 2-factor authentication for enhanced security.
• Transaction Methods: I could access various transaction methods, such as Visa, Mastercard, credit/debit cards, and bank wire withdrawals.
• Mobile App Features: Bitunix’s excellent mobile app includes SmartTrade, which makes crypto trading simple and accessible to everyone.
• Supported Platforms: I could use Bitunix on Android and iOS platforms.
• Customer Support: To resolve any issues, I could reach out to its 24/7 customer support through chatbot, and email.

Visit Bitunix >>

What factors do we consider while buying cryptocurrency in Canada?

Guru99‘s cryptocurrency reviews combine extensive research and industry expertise, providing accurate and unbiased information to inform your decisions. Explore our editorial policy. After 100+ hours of research on 40+ top crypto wallets in Canada, I’ve created a comprehensive guide to help you choose the best option. Consider the following key factors when buying cryptocurrency in Canada:

• You should buy Crypto according to the market trend and expert suggestions.
• Canada’s lack of proper laws and policies has resulted in scams, frauds, and market manipulations. So, you should avoid buying a crypto coin from an unknown website and instead purchase only from the best crypto exchanges.
• It is important to identify the legitimate Wallets, hence I suggest learning about cryptocurrencies as much as you can.
• Cryptocurrency may be easy to buy but also easy to lose money. So, you should use a secure method for your crypto transactions.

What are the diverse kinds of Cryptocurrency Wallets?

Here are some important types of Cryptocurrency Wallets:

• Hot Wallets: These wallets are created or stored on a connected device. Hot wallets provide high utility, but they are certainly less secure than cold wallets. They are also known as software wallets.
• Cold Wallets: These crypto wallets use keys created on a device that are not connected to the Internet. They are also called hardware wallets, and these crypto wallets are stored on physical storage devices.
• Hosted Wallets: These wallets are live on another server that you do not have control of. Hackers use these kinds of crypto wallets because they hold all the funds from the wallets on the server.
• Decentralized Wallets: It is a highly secure crypto wallet that allows only one person to hold the keys. A decentralized wallet never gives any guarantee of complete privacy. However, it also means you just can’t depend on a 3rd party to send, receive, or store your cryptocurrency.
• Exchange Wallets: These kinds of wallets are entirely integrated with crypto exchanges, and you can easily trade and do transactions with them. To find a suitable platform that offers seamless integration with various wallets, consider exploring some of the best crypto exchanges in the UK for a smooth and secure trading experience.
• Mobile Wallets: These kind of wallets are supported on mobile OS like iOS and Android. You can control private keys and trade anywhere using these wallets. Coinbase, Binance, are some of the widely popular mobile wallets.
• Desktop Wallets: These are the type of wallets that run on desktop devices and allow users to have private keys.

Verdict

Cryptocurrency wallets are essential for anyone involved in trading or holding cryptocurrencies. After reviewing the above wallets, I found the following providers to be the most reliable for users in Canada. 

• Zengo offers a 100% no-code solution that supports various technologies and ensures comprehensive test coverage across platforms.
• Uphold provided me with a remarkable experience. It allowed me to trade over 250 cryptocurrencies, traditional currencies, and precious metals, and I benefitted from its 100% reserve model, which ensures user fund safety.
• Tangem Wallet is perfect for managing over 4000 coins, including Bitcoin, Ethereum, and Litecoin, while providing easy access to DeFi and dApps.