OKX is a crypto exchange where users in over 180 regions globally can trade more than 300 cryptocurrencies. It’s one of the largest trading platforms in the world, offers a variety of trading types and has a highly rated mobile app. So you may be wondering, “Can I use OKX in Canada?”
Is OKX available in Canada?
Unfortunately, no. As of 2023, OKX is no longer available in Canada. But while OKX doesn’t offer its services to Canadian customers, there are plenty of other reputable exchanges that do.
Keep reading for a closer look at five alternatives to OKX in Canada.
Kraken is a well-known name in the crypto world, having been first established in 2011. This global platform lets you trade over 300 cryptocurrencies, offering a simple trading platform for crypto beginners as well as Kraken Pro for advanced traders. There's also a user-friendly mobile app available if you want to trade from your smartphone.
Pros
One of the world's oldest crypto exchanges
Access a wide range of cryptos
24/7 customer support
Good for beginners as well as advanced traders
Cons
Low Trustpilot user ratings
You'll find lower fees on other platforms
Deposit methods
Credit card, Cryptocurrency, Debit card, Interac e-Transfer, Wire transfer, Apple Pay, Google Pay
Deposit fees
Interac e-Transfer: 0.5% Apple Pay/Google Pay: variable Crypto: Free for most cryptos Wire transfers: $0-$3 Canada Post cash/debit: $1.25+0.25%
Use code Finder25 to get a 25% discount on all commission for 1 transaction. T&Cs apply.
If you're searching for a platform that makes it quick and easy to buy crypto as a newbie, Paybis is worth a closer look. This global exchange offers a simple user interface that allows you to buy crypto with fiat currency, and you can also buy via a highly rated mobile app. With 24/7 support available, help is at hand if you have any questions.
Pros
Beginner friendly
Supports a wide range of deposit methods
Quick and easy to use
Multiple payment options available
Cons
You can only sell a limited range of cryptos
Other platforms have lower fees
Paybis Wallet is not available in Canada
Deposit methods
Bank transfer, Credit card, Debit card, Neteller, Skrill, Apple Pay
Deposit fees
Bank transfer: 0.99% Debit / credit card: 2.49% Neteller: 2.95% Skrill: 4.95% Processing fee (additional to other fees): 4.5% - 6.99%
Withdrawal fees
Bank transfer: 0.99% Debit / credit card: 2.49% Neteller: 2.95% Skrill: 4.95% Processing fee (additional to other fees): 4.5% - 6.99%
Founded in 2018, VirgoCX is a Canadian crypto trading platform based in Toronto. This user-friendly platform offers free cash deposits and withdrawals and is designed to offer a quick and easy crypto buying experience for users. There are over 85 cryptos to trade on VirgoCX, and the platform is authorized to do business with Canadians by the CSA.
Pros
Canadian crypto exchange
User-friendly platform
Free deposits and withdrawals
Multilingual support
Cons
Spreads of 0.95% to 1.60%
Watch out for fees for credit and debit card deposits
Not as many cryptocurrencies as OKX
Deposit methods
Credit card, Cryptocurrency, Debit card, Interac e-Transfer, Wire transfer
Launched in 2015, Uphold is a US-based digital asset trading platform where you can buy and sell over 300 cryptocurrencies. It's easy to deposit funds using your credit or debit card as well as Apple Pay and Google Pay, and there's also a highly rated mobile app available on iOS and Android if you want to trade on the go.
Sign up and receive a 6,200 USDT newcomer's gift package.
Like OKX, Bitget provides access to an extensive range of cryptos, allowing you to trade over 800 cryptocurrencies. The platform is Web3 compatible, has competitive trading fees and offers a copy trading feature if you want to copy the positions of popular traders.
Pros
Huge range of trading pairs
Low trading fees
One of the world's largest exchanges
Highly rated mobile app
Cons
Mixed customer reviews
Some features are better suited to advanced traders
Deposit methods
Bank transfer, Credit card, Cryptocurrency, Debit card
Deposit fees
None
Withdrawal fees
Fees vary
Trading fees
Maker: 0.02%-0.10% Taker: 0.032% - 0.10%
Advanced Trading Features
Yes
What is the OKX exchange platform?
Launched in 2017, OKX is one of the world’s largest crypto trading platforms. It offers the following features for users in over 100 countries around the world.
Centralized and decentralized exchanges
OKX is best known as a centralized crypto exchange that retains custody of user assets and private keys. But it also launched a decentralized exchange aggregator that offers users prices from over 300 decentralized exchanges.
According to CoinMarketCap, OKX provides users with access to 330 coins and tokens. These include major cryptos like BTC, ETH and XRP along with a host of smaller altcoins and emerging cryptocurrencies. There’s an Express Buy feature if you want to buy crypto using your credit or debit card. Also available are USDT, USDC and a wide range of crypto spot trading pairs.
OKX trading fees vary depending on your membership tier, which is determined by your OKX assets or 30-day trading volume and where you live. In Australia, maker and taker fees of 0.50% and 0.50%, respectively, apply for users on the lowest tier. But if you upgrade to the VIP 8 tier, you’ll get lower maker and taker fees.
This is a similar fee structure to Bitget, which offers maker fees of 0.02%-0.10% and taker fees of 0.032%-0.10% for users on its lowest membership tier. For users on the highest Bitget VIP level, you’ll also get access to lower maker and taker fees.
OKX wallet
The OKX Wallet is a universal crypto wallet that can be used to hold over 3,000 coins and tokens. This multi-chain wallet supports over 80 blockchain networks and is available via the web, an app and a browser extension. It also allows you to retain control of your crypto holdings and private keys.
The OKX app is free to download from Google Play and Apple’s App Store. You can use it to buy and sell hundreds of cryptocurrencies, find prices across hundreds of decentralized exchanges and access a range of simple and advanced trading tools. As of February 2025, the app has an average user rating of 4.4/5 based on over 880,000 Google Play reviews and an average of 4.6/5 based on over 16,900 App Store reviews.
How does DuckChain on OKX work?
DuckChain is a TON layer 2 blockchain platform designed to provide secure, fast and scalable transactions. Its native utility token, DUCK, is used to pay transaction fees, secure the network and play a role in governance.
DUCK was listed for spot trading on OKX in January 2025. Users in eligible countries can create an account with OKX to buy DUCK tokens using the DUCK/USDT trading pair.
Is OKX legal in Canada?
You cannot use OKX in Canada. While the platform has previously offered its services in Canada, it withdrew from the Canadian market in 2023.
With Canada now one of OKX’s restricted countries, Canadian residents will need to use other properly authorized and regulated exchanges to trade cryptocurrency.
When did OKX come to Canada, and why did it leave?
OKX was founded in 2017 and originally known as OKEx. In March 2023, the platform notified Canadian users by email that it would “no longer provide services or allow users to open new accounts in Canada starting on Mar. 24, 2023, 12:00 AM EST.”
“New regulations” were cited as the reason for OKX’s withdrawal from Canada. The announcement came a few weeks after the Canadian Securities Administrators (CSA) issued a notice that tightened the rules around stablecoin trading and required crypto exchanges to file pre-registration undertakings with the CSA.
However, at the time of its withdrawal, OKX indicated that its departure from Canada would be “temporary.”
Does OKX work in Canada?
Canadian residents cannot use OKX to trade cryptocurrency. Following the March 2023 announcement that it was withdrawing from Canada, OKX gave Canadian users until June 22 of the same year to close any open positions and withdraw funds from their accounts.
Meanwhile, if you’re a resident of a country where OKX offers trading services, you may still be able to access your OKX account while visiting Canada. However, you may need to use a VPN to do so.
What countries is OKX available in?
OKX is available in over 100 countries around the world. Contact OKX customer support directly for full details of the countries where the platform is accessible.
Bottom line
You can’t use OKX in Canada, but there are several OKX alternatives available to serve the needs of Canadian crypto traders. Compare the five exchanges listed above as well as a range of other reputable exchanges before deciding which platform is right for you.
Frequently asked questions about OKX
The Canadian Securities Administrators (CSA) plays a key role regulating crypto exchanges in Canada. The CSA's guidance about crypto regulation outlines rules for crypto exchanges, and provincial regulators like the Ontario Securities Commission (OSC) and the BC Securities Commission ensure compliance with those rules.
FINTRAC also regulates crypto exchanges in Canada. Exchanges must register with FINTRAC as money services businesses, report large transactions and comply with Know Your Customer (KYC) requirements.
OKX was originally founded in Beijing, China. But following moves by regulators to ban crypto exchanges, OKX is now headquartered in the Seychelles.
The CSA (Canadian Securities Administrators) maintains a list of crypto trading platforms that are authorized to do business with Canadians. It also provides a list of exchanges that have filed pre-registration undertakings with securities regulators as well as a list of banned crypto trading platforms.
Yes. The OKX MAJOR listing was announced in November 2024. MAJOR tokens are used in Major, a play-to-earn game in Telegram, and OKX users can access the MAJOR/USDT trading pair.
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To make sure you get accurate and helpful information, this guide has been edited by Stacie Hurst as part of our fact-checking process.
Tim Falk is a freelance writer for Finder. Over the course of his 15-year writing career, he has reported on a wide range of personal finance topics. Whether you're investing in stocks and ETFs, comparing savings accounts or choosing a credit card, Tim wants to make it easier for you to understand. When he’s not staring at his computer, you can usually find him exploring the great outdoors. See full bio
Changelly is a crypto-to-crypto exchange that lets you trade over 900 cryptocurrencies.
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