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What $1,000 of Bitcoin Actually Costs in Canada

Last reviewed 4 September 2026 · Every fee below read from the platform’s own page on 3–4 September · By the CryptoNorth Team

Short answer

Between $2 and about $20 on the platforms that publish a number — a tenfold spread for buying exactly the same thing on the same day.

And on two of them there is no published number at all. Coinbase does not give one. The Netcoins figure below is our own estimate from its parent company’s audited accounts, not a rate Netcoins publishes. That is the finding that matters more than the cheapest row.

The cost of a $1,000 buy

PlatformYou payHow it is charged
NDAX$2.00A flat 0.20% commission charged on top of the order-book price.[1]
Kraken Pro$4.00 – $8.000.40% maker / 0.80% taker at the entry tier. Which one you pay depends on how the order fills.[2]
Bitbuy Pro$5.000.50% maker and 0.50% taker. This is not the screen most people land on.[6]
Shakepay$5.00 – $20.00No commission. A target spread of 0.5% to 2.0% is built into the price, and Shakepay says it may rise by up to a further 1.5% in poor conditions — a worst case near $35.[5]
Bitbuy Express$5.00 – $18.50Bitbuy’s own fee page gives no percentage. The fee schedule filed by the dealer that operates it does: a spread of 0.5% to 1.85%, which may rise a further 2% in thin markets. This is the default screen.[8]
Netcoinsabout $9.70Not published on its public pages. This is implied by its parent company’s audited FY2025 revenue against trading volume — a blended 0.97%.
Newton$10.00 – $11.501.00% to 1.15% on Bitcoin. Newton charges by asset tier, and Bitcoin sits in the cheapest one.[3]
Kraken app$10.00 + spreadA 1% fee on instant and recurring buys, with a spread on top. Two and a half times Kraken’s own Pro maker fee for the same coin.[2]
Wealthsimple$15.001.5% at the $1,000 level. The rate falls as volume rises, and is 2% below $1,000.[4]
CoinbaseNot publishedA spread plus a fee that varies by payment method, order size and market conditions. Coinbase tells you to read the number off the trade preview.[7]

Crypto.com is not in the table. Its fee schedule does not load without JavaScript, so we could not read it at source on the day of writing, and we would rather leave a row out than fill it with a figure we have not checked.

How we worked this out

The method is deliberately boring, because the point is that you can repeat it.

One purchase, one asset

A single $1,000 CAD buy of Bitcoin, by a new customer with no trading history and no paid subscription tier. Bitcoin because it is where most Canadians start, and because several platforms price it differently from everything else.

The default screen, not the cheapest one

Where a platform runs both a simple app and a pro interface, both are shown. The simple one is what a first-time buyer actually lands on, and it is usually the expensive one.

Funding costs excluded

Every platform here funds free by Interac e-Transfer, so including it would change every row by the same zero. Withdrawal fees are a separate question and are covered in each review.

Spreads shown, never invented

Where a platform publishes a spread range, it is in the table. Where it does not, the row says "not published" rather than carrying our guess.

Fees change without notice. Every figure here was read from the platform’s own page on 3–4 September 2026 and each row links to the page it came from. If you are reading this much later, check the source before relying on it.

The ones that charge through the price

Bitbuy’s Express screen, Coinbase’s simple buy and Shakepay all bill through the exchange rate rather than as a fee. Shakepay publishes its range. Bitbuy’s marketing page does not, but the fee schedule its dealer files does — you just have to know to look there.[8] Coinbase publishes nothing we could find. We followed that thread in what these platforms file versus what they advertise.

A spread is not a smaller fee. It is the same cost, moved into the exchange rate where you cannot see it. “No fees” and “zero commission” describe how a platform bills you, not how much you pay — and the platforms charging the most in this table are the ones using that language.

You can measure it yourself in about a minute. Open the buy screen, type $1,000, and note how much Bitcoin the platform offers you. Do the same on a second platform within a minute or two. The difference in the amount of coin is the real difference in price, whatever either screen calls its fee.

What this is worth over time

One purchase makes the gap look small. Buying regularly is where it stops being small.

If you buy $1,000At 0.20% (NDAX)At 1.5% (Wealthsimple)Difference
Once$2$15$13
Monthly for a year$24$180$156
Monthly for five years$120$900$780

Trading fees only. It assumes the rates above hold, which over five years they will not.

The CryptoNorth verdict

On cost alone, NDAX at $2 is the clear answer, and Kraken Pro and Bitbuy Pro are close enough that the difference is not worth switching for. NDAX pays us a commission; we are telling you anyway, and you can see the arithmetic above rather than take our word for it.

But cost is not the only thing that matters, and this page deliberately measures one thing. Regulation, coverage if the platform fails, and whether you will actually use the app all matter too — which is what the full comparison is for.

Related questions

Which Canadian exchange should I use?

Nine platforms compared on fees, regulation and what happens if they fail.

Is swapping one coin for another taxable?

Yes. The CRA counts it as a disposition even though no dollars move.

Do I pay GST or HST on crypto?

No, not on buying or selling it. Spending it is different.

How does adjusted cost base work?

Your fees form part of your cost base, which matters when you sell.

Important Disclaimer

This page is information, not financial advice. Fees change without notice and the figures here are a snapshot taken on 3 September 2026. Spread-based pricing moves with the market, so the ranges shown are what the platforms say they target, not what you are guaranteed on any given trade. Always check the cost on the trade preview screen before you confirm.

Sources
[1]NDAX — Fees
[2]Kraken — Fee schedule
[3]Newton — Fees
[4]Wealthsimple — Crypto
[5]Shakepay — How does Shakepay make money?
[6]Bitbuy — Fees and Funding Options (last updated 22 July 2026)
[7]Coinbase — Pricing and fees
[8]Coinsquare Capital Markets Ltd. Fee Schedule, published on bitbuy.ca (last updated 26 June 2026)
Cost is one of five things we score

The full comparison weighs cost at 35%, alongside regulation, selection, ease of use and fee transparency.

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