7 BEST Crypto Wallets 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
Kraken	Advanced trading features with institutional-grade security	Yes	Free	Yes	Learn More
Crypto.com	Top-notch security and encryption	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:

• Seedless MPC Security with 3-Factor Recovery: Zengo replaces vulnerable seed phrases with institutional-grade Multi-Party Computation. A simple 3-factor recovery—email, encrypted recovery file, and 3D FaceLock—means I never worried about losing access even when I changed phones. As a blockchain auditor who reviewed Zengo’s MPC white paper, I valued its formally verified mathematics.
• 1000+ Asset Support and Seamless CAD On-Ramps: From Bitcoin to Polygon NFTs, the wallet recognized over 1000 assets and let me buy, sell, or swap in seconds. Interac e-Transfer, debit cards, and Apple Pay processed smoothly in CAD with transparent fees. Guru99 recommends enabling rate alerts so you pounce on favorable spreads before confirming a swap.
• Theft Protection & Web3 Firewall (Zengo Pro): Upgrading to Zengo Pro unlocked Theft Protection binding each withdrawal to 3D FaceLock, plus a Web3 Firewall that flagged a risky dApp signature I nearly approved. While testing this feature one thing I noticed was the instant alert whenever a contract looked malicious, giving me precious seconds to abort.
• In-App Staking for Passive Income: Passive income came baked in. I staked ETH directly inside the app, earning competitive yields without bridging funds to an external protocol. The tool displayed real-time earnings alongside gas estimates, letting me decide whether to compound or withdraw. My balance updated every epoch, simplifying taxes for Canadian filers.
• 24/7 Human Support and Global Reach: Round-the-clock live chat put me through to a Montreal-based agent at 2 a.m. Eastern, and helpful articles lived inside the wallet for offline reading while traveling. Because Zengo operates in 188 countries, I accessed funds abroad without extra KYC hoops. One million users and zero hacks validated my confidence.

Visit Zengo >>

Free Wallet

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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 16000 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.
• NFT: Tangem Wallet allows users to securely store, receive, and manage NFTs across blockchains like Ethereum, Solana, and Polygon, and connect to OpenSea via WalletConnect.
• 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) Kraken

Best for advanced trading features with institutional-grade security

During my evaluation of Kraken, I found it to be one of the most trusted and secure cryptocurrency exchanges and wallets available to Canadian users. Kraken has been operating since 2011 and has built a solid reputation for security, regulatory compliance, and advanced trading features. The platform offers both exchange services and wallet functionality, making it an excellent choice for serious crypto traders and investors in Canada.

Kraken supports over 200 cryptocurrencies and provides advanced trading tools including futures, margin trading, and staking services. The platform is fully regulated and compliant with Canadian financial regulations, offering peace of mind for users concerned about regulatory compliance.

Features:

• Advanced Security Architecture: Kraken employs industry-leading security measures including air-gapped cold storage for 95% of funds, multi-signature technology, and comprehensive penetration testing. The platform has never been successfully hacked in over 12 years of operation, making it one of the most secure options for Canadian crypto users.
• Professional Trading Tools: The platform offers advanced charting tools, multiple order types including stop-loss and take-profit orders, and real-time market data. I found the Kraken Pro interface particularly useful for technical analysis and executing complex trading strategies with precision.
• Comprehensive Staking Services: Kraken provides staking services for over 15 cryptocurrencies with competitive rewards ranging from 4% to 20% APY. The staking process is seamless, and rewards are distributed automatically, making it an excellent option for passive income generation.
• Regulatory Compliance and Transparency: Kraken is fully licensed and regulated in multiple jurisdictions including Canada. The platform provides regular proof-of-reserves audits and maintains transparent fee structures, ensuring users can trade with confidence knowing their funds are protected under regulatory frameworks.
• Multiple Funding Options: Canadian users can fund their accounts through various methods including Interac e-Transfer, wire transfers, and cryptocurrency deposits. The platform supports CAD trading pairs and offers competitive exchange rates for Canadian dollar transactions.
• 24/7 Customer Support: Kraken provides round-the-clock customer support through live chat and email, with dedicated support teams for different user tiers. The platform also offers comprehensive educational resources and market analysis to help users make informed trading decisions.

Visit Kraken >>

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5) 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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6) Zoomex

Best for Secure Crypto Wallet Solutions in Canada

Zoomex is a global cryptocurrency exchange and wallet platform, recognized as one of the best options for crypto users in Canada. After reviewing its features and performance, I found Zoomex to be an excellent choice for secure and user-friendly crypto transactions, with a focus on security and ease of use. Zoomex charges competitive fees on trades, making it a great choice for both new and experienced crypto traders in Canada.

Zoomex is committed to meeting regulatory standards and has acquired relevant licenses for operating in various jurisdictions, including Canada. It offers a range of features like multi-currency support, strong security measures, and efficient transaction processing to ensure users can trade and store their crypto assets with confidence.

Features:

• Login Security: Zoomex ensures robust security through two-factor authentication (2FA) and biometric login options (fingerprint/Face ID) on its mobile app.
• Regulatory Compliance: Zoomex is committed to maintaining compliance with the relevant crypto regulations in Canada, ensuring users’ funds and data are protected under local laws.
• Multi-Currency Support: The wallet supports a wide variety of cryptocurrencies, making it ideal for Canadian users who wish to diversify their portfolios with various assets.
• Backup and Recovery: Zoomex offers easy-to-use backup options, such as seed phrases, to ensure that users can recover their funds in case they lose access to their wallet.
• Transaction Speed: Transactions on Zoomex are processed quickly, making it a great choice for those who value speed when executing trades or transferring funds.
• Security: Zoomex employs military-grade encryption and other advanced security measures to protect user assets, ensuring that your crypto holdings remain safe.
• Supported Platforms: Zoomex is available on both Android and iOS platforms, ensuring that users can manage their crypto wallets on their preferred device.
• Customer Support: Zoomex offers multilingual customer support available 24/7 through live chat and email. Whether you’re a beginner or an experienced trader, the support team is always available to assist with any questions or concerns.

Visit Zoomex >>

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7) 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 >>

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 16000 coins, including Bitcoin, Ethereum, and Litecoin, while providing easy access to DeFi and dApps.