Cryptocurrency trading continues to gain momentum across Canada, drawing both newcomers and seasoned investors into the digital asset space. As demand grows, so does competition among exchanges — and one of the most attractive ways platforms stand out is through generous crypto sign-up bonuses.
Whether you're taking your first steps into crypto or expanding your portfolio, leveraging welcome offers can help reduce trading costs and boost initial capital. This guide explores the top crypto exchange promotions available in 2025, evaluates key factors for choosing the right platform, and answers common questions to help you make an informed decision.
Top Crypto Exchange Sign-Up Bonuses in Canada
Below is a curated list of the most rewarding crypto exchange welcome offers currently available. Each option includes bonus details, eligibility requirements, supported assets, fees, and regulatory compliance to help you compare effectively.
1. Wealthsimple Crypto – $25 Bonus
- Bonus: $25 cash bonus
- Eligibility: Deposit at least $150
- Coins Available: 50+
- Trading Fees: No trading, deposit, or withdrawal fees (1.50% spread)
- Minimum Investment: $1
- Regulated By: FINTRAC & Ontario Securities Commission (OSC)
Wealthsimple Crypto stands out as one of Canada’s most user-friendly platforms. As the first OSC-registered crypto trading platform in the country, it combines strong security with zero transaction fees and a solid $25 sign-up incentive. It's ideal for beginners looking for a simple, regulated entry point into crypto.
👉 Unlock your $25 welcome bonus today with this exclusive offer.
2. Bitbuy – $20 Bonus
- Bonus: $20 welcome bonus
- Eligibility: First deposit of $250
- Coins Available: 53
- Trading Fees: 0%–0.5% trading fee; free CAD deposits
- Minimum Investment: $50
- Regulated By: FINTRAC & OSC
Founded in 2016, Bitbuy is one of Canada’s longest-running exchanges. While it charges higher withdrawal fees compared to peers, its robust security, wide coin selection, and reliable customer support make it a trusted choice. The $20 bonus requires a larger initial deposit but rewards users with access to advanced trading tools.
3. CoinSmart – $20 Bonus
- Bonus: $20 bonus
- Eligibility: First deposit of $100
- Coins Available: 16+
- Trading Fees: 0.20% trading fee; free bank wire deposits
- Minimum Investment: $100
- Regulated By: FINTRAC & OSC
Based in Toronto, CoinSmart offers a straightforward onboarding process and competitive pricing. With support for major cryptocurrencies like Bitcoin and Ethereum, it’s best suited for traders who prioritize ease of use over extensive altcoin options.
4. Shakepay – $20 Bonus
- Bonus: $20 cash bonus
- Eligibility: Trade at least $100 worth of crypto
- Coins Available: Bitcoin and Ethereum only
- Trading Fees: No trading fees; free e-transfer deposits and withdrawals
- Minimum Investment: $5
- Regulated By: FINTRAC
Shakepay remains a favorite among casual investors due to its intuitive interface and zero-fee structure. Though limited to just two cryptocurrencies, its speed and simplicity make it perfect for those focused on BTC and ETH. The low trade threshold to unlock the bonus enhances accessibility.
👉 Start earning your $20 bonus with a simple trade.
5. Newton – $25 Bonus
- Bonus: $25 bonus
- Eligibility: Trade at least $100
- Coins Available: 60+
- Trading Fees: No trading fees; free deposits and withdrawals (variable crypto withdrawal fees)
- Minimum Investment: $0
- Regulated By: FINTRAC
Newton offers one of the most generous combinations: a high-value bonus, zero trading fees, and access to over 60 digital assets. Its dynamic pricing model ensures tight spreads, making it a top contender for active traders.
6. VirgoCX – Up to $20 Bonus
- Bonus: $5 for verification + $15 for first $100 deposit = $20 total
- Eligibility: Account verification + minimum deposit
- Coins Available: 50+
- Trading Fees: No trading fees; free fiat deposits and withdrawals
- Minimum Investment: $0
- Regulated By: FINTRAC
VirgoCX uniquely rewards users even before funding their account — simply verifying identity earns a $5 bonus. Combined with no trading fees and broad coin support, this makes VirgoCX one of the most beginner-friendly options on the market.
7. NDAX – $10 Bonus
- Bonus: $10 welcome bonus
- Eligibility: Deposit at least $100
- Coins Available: 31+
- Trading Fees: 0.20% trading fee; free deposits; up to C$4.99 withdrawal fee
- Minimum Investment: $0
- Regulated By: FINTRAC
NDAX appeals to cost-conscious traders with its low minimums and tight bid-ask spreads. While it charges a small trading fee, its reliability and integration with traditional banking systems provide peace of mind for long-term investors.
8. Crypto.com – $25 CRO Bonus
- Bonus: CRO token worth $25
- Eligibility: Fund account and stake CRO tokens
- Coins Available: 250+
- Trading Fees: Variable (based on CRO holdings)
- Minimum Investment: $1
- Regulated By: U.S. SEC (global operations)
Though headquartered internationally, Crypto.com serves Canadian users with a vast array of coins and innovative financial products. The sign-up bonus is tied to staking, encouraging long-term engagement with the ecosystem.
9. Coinbase – €10 Bitcoin Bonus
- Bonus: €10 in Bitcoin (~$11 CAD)
- Eligibility: Trade at least $100 in crypto
- Coins Available: 200+
- Trading Fees: Variable (deposit, withdrawal, trading)
- Minimum Investment: $25
- Regulated By: NYSDFS (New York State Department of Financial Services)
Coinbase is a globally recognized name in crypto. With strong educational resources through Coinbase Earn and support for hundreds of tokens, it’s ideal for those looking to explore beyond basics — despite slightly higher fees.
How to Choose the Right Crypto Sign-Up Bonus?
With so many options available, selecting the best bonus involves more than just comparing dollar amounts. Consider these key factors:
Offer Value vs. Realistic Requirements
A high-value bonus isn't beneficial if the conditions are unattainable. For example, a $25 bonus requiring a $250 deposit may not suit someone starting small. Evaluate whether the minimum trade or deposit aligns with your budget.
Number of Supported Cryptocurrencies
If you're interested in altcoins or emerging projects, prioritize platforms like Newton or Coinbase that offer diverse selections. Those focused only on Bitcoin might find Shakepay sufficient.
Fee Structure
Even with a great bonus, high trading or withdrawal fees can erode profits over time. Platforms like Wealthsimple and Newton offer zero trading fees, enhancing long-term value.
Regulatory Compliance
Always verify that the exchange is registered with Canadian regulators like FINTRAC or OSC. This ensures better protection against fraud and operational risks.
Frequently Asked Questions (FAQs)
Are crypto exchange sign-up bonuses worth it?
Yes. These bonuses reduce entry costs and can offset early trading fees. Even small rewards add up when combined with smart investing strategies.
Which exchange offers the highest welcome bonus?
Newton and Wealthsimple both offer a $25 cash bonus — among the highest available without complex requirements.
Do I need to pay taxes on crypto sign-up bonuses?
In Canada, sign-up bonuses are generally considered taxable income at fair market value when received. Consult a tax professional for personalized advice.
Can I claim multiple crypto referral bonuses?
Yes — there’s no restriction on signing up for multiple exchanges. Just ensure you meet each platform’s eligibility criteria.
Why did some exchanges disappear from this list?
Some platforms like Binance and MogoCrypto are no longer available in Canada due to regulatory changes or business closures.
Is there a risk in using referral links?
No — referral links don’t increase your costs or reduce security. They simply allow both you and the referrer to earn a bonus.
👉 Maximize your crypto journey — start with a platform that rewards your first move.
By carefully evaluating sign-up bonuses alongside features like fees, security, and asset variety, you can choose an exchange that supports both short-term gains and long-term growth. Always read terms carefully and begin with amounts you’re comfortable managing.
The future of finance is digital — take advantage of today’s best offers to get started on solid ground.