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Coinbase releases crypto trading services for Canadian users

Published date:

February 2, 2026

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The official announcement stated, “Our decision to delve into the dynamic Canadian crypto landscape was informed by a myriad of compelling factors. Ranked as the world's third-most crypto-aware nation, Canada boasts an enthusiastic local tech ecosystem.”

Crypto exchange Coinbase has officially entered the Canadian market after integrating Interac payment rails into its platform.

Coinbase is launching in Canada today!

New leadership, new payment rails, new regulatory milestones, and 200 local employees.

Smart countries are embracing this technology (and creating regulatory clarity) to help update the financial system and drive economic growth.…
— Brian Armstrong (@brian_armstrong) August 14, 2023

In its blog post, Coinbase noted the new payment lines will allow Canadian clients to seamlessly deposit, withdraw and purchase assets using Canadian Dollars (CAD).

Coinbase users who reside in Canada also get a free 30-day trial period to test Coinbase One, a subscription-based service built around staking. Users who avail of the free trial can enjoy zero-fee trading and earn up to 6.94% APY on their staked tokens.

Calling the nation a “global cryptoeconomy leader,” Coinbase praised Canada for its pro-crypto stance and robust regulatory framework for cryptocurrencies.

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Meanwhile, rival exchanges Binance and Bybit were forced to retreat from Canada after authorities tightened the regulations for crypto platforms operating in the nation.

Written by

Ayush Pande

Ayush Pande is a hardware, gaming, and crypto writer based in India. He's a tech enthusiast who's fascinated by the potential of blockchain technology.

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How we reviewed this article

All Bitcompare articles go through a rigorous review process before publication. Learn more about our Editorial Process and Risk Warning.

Ayush Pande

Written by:

Ayush Pande

Writer

As a tech enthusiast who's always on the prowl for the latest developments concerning crypto and hardware, you can find him covering news stories or tinkering with PCs.

About the Author

As a tech enthusiast who's always on the prowl for the latest developments concerning crypto and hardware, you can find him covering news stories or tinkering with PCs.

About the Author

Radica Maneva

Reviewed by:

Radica Maneva

Senior Editor

Radica is a Senior Editor at Bitcompare. She has worked for more than a decade at leading publications as an Editor across various industries, including crypto and finance.

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