5 Best Crypto Exchanges in Canada 2025 (Secure & Licensed Platforms)

You’ve probably heard of Bitcoin, Ethereum, and all the other coins buzzing around. Today, getting started with crypto in Canada means picking the right exchange. You want something safe, licensed in Canada, and with low fees.

This guide shows you the top 5 best crypto exchanges in Canada, compares their features, and walks you through everything from buying crypto instantly to dealing with taxes.

Top 5 Best Canadian Crypto Exchanges: Key Takeaways

1. Kraken: Overall best Canada crypto exchange (safest and licensed). It’s FINTRAC-registered, very secure, and offers 200+ coins with low fees. You can fund it with Interac e-Transfer or bank wire in CAD.
2. Bitget: Best for altcoin trading and futures (advanced tools). It has 1,200+ crypto tokens and powerful charting features. You deposit via credit cards or P2P (peer-to-peer) trades.
3. Coinbase: Best fiat-to-crypto and biggest Canadian exchange for beginners (instant CAD deposit). It’s FINTRAC-registered and user-friendly. You can top up CAD with Interac e-Transfer or EFT (bank transfer) at no fee and buy 200+ assets easily. Fees are higher, though.
4. Zoomex: Best anonymous Canadian exchange for leverage trading (up to 200x futures). It offers 300+ perpetual contracts with very high leverage. You can trade with no mandatory KYC (up to 100 BTC per day). It’s got a Canadian MSB license but focuses on derivatives.
5. MEXC: Zero-fee crypto exchange in Canada (trade without KYC). With 3,000+ coins, it’s massive. Maker fees are 0% on many pairs and taker around 0.05%. There’s no direct CAD deposit – you trade crypto directly.

Comparing Top Cryptocurrency Exchanges in Canada

You should always compare the platforms side-by-side, focusing on the features that matter most to your personal trading style and risk tolerance. Seriously, low fees are great, but sometimes a small extra fee is worth it for the regulatory protection you get. Finding the best cryptocurrency exchange platform Canada offers means weighing security against features.

Exchange	Regulated in Canada?	Spot Maker/Taker Fees	CAD Deposit Options	Cryptos Supported	Max Leverage
Kraken	Yes (CSA/FINTRAC compliant)	Starts at 0.25% / 0.4%	Interac e-Transfer, Wire, Card	350+	Up to 5x
Bitget	No (Globally licensed)	0.1% maker/taker	P2P, Credit Card, Third-Party	1,200+	Up to 125x
Coinbase	Yes (CSA registered)	Starts at 0.4% / 0.6%	Interac e-Transfer, EFT, PayPal	200+	None (Spot only)
Zoomex	Yes (MSB license)	0.02% / 0.06%	Crypto Deposit, P2P Buy	1,000+	Up to 200x
MEXC	No (no-KYC)	0.00% / 0.05%	P2P, Credit Card	3,000+	Up to 200x

Best Crypto Exchanges in Canada Reviewed: Full Guide

Choosing the best crypto exchanges in Canada can be challenging, as there are many factors to consider, such as fees, security, coin selection, customer support, and ease of use. To help you find the best Canadian crypto exchanges for your needs, we have reviewed some of the most popular and reputable platforms here.

1. Kraken: Overall Best Canada Exchange in 2025

Kraken is often called the best and most safest crypto exchange in Canada. It has been registered with FINTRAC (Canada’s anti-money laundering agency) since 2019, and it also holds restricted dealer licenses in all provinces. That means Kraken follows Canadian rules strictly.

The platform offers over 350 cryptocurrencies, from Bitcoin and Ethereum to smaller tokens, plus stablecoins and even dollar-pegged assets. You can trade spot, use margin, or trade futures on Kraken’s advanced platform.

Regulation: Kraken is fully compliant in Canada. It’s registered with FINTRAC (MSB #M19343731) and holds a Restricted Dealer license across Canadian provinces. This compliance makes it one of the most trusted and FINTRAC-licensed crypto exchanges available to you.

Fees & CAD Payment Methods

Kraken’s trading fees start around 0.25% and takers around 0.4% (these rates decrease with higher trading volume). If you use Kraken’s instant buy/sell feature on the app and do less than $10,000 CAD per month, you can get that $1K of volume at 0% fees (via the Kraken+ program).

Fiat deposits are also reasonable: you can fund your account with Interac e-Transfer (5 CAD minimum, no deposit fee), bank wires (EFT – free above a small minimum, about 100 CAD, though intermediary banks sometimes charge ~$13), SWIFT transfers (international bank transfers cost a flat fee of a few CAD), or even debit card via an in-person cash service (fee ~3.75% + $0.25). Withdrawals can be done via Interac or wire as well, usually at low cost.

2. Bitget: Best for altcoin trading and futures trading

Bitget is the best Canadian crypto exchange, especially for those who love altcoins and futures. This exchange offers 1,200+ cryptocurrencies to buy and trade, including all the big names (BTC, ETH, ADA) and many smaller tokens and new projects.

It has a very polished trading interface with real-time charts, and it supports futures contracts in USDⓈ (USDT) and coin-margined form, with leverage up to around 125x. Copy trading is a standout feature: you can automatically copy experienced traders’ strategies on Bitget.

Regulation: Bitget is not regulated in Canada. It’s a global exchange (headquartered in Singapore and licensed in the Seychelles), so there’s no FINTRAC registration.

Fees & CAD Payment Methods

The fee structure on Bitget is generally very competitive, with spot maker fees starting from 0.02% and taker fees around 0.06%.

Since Bitget is a global platform, direct CAD bank transfers aren’t typically available, but you can buy crypto with CAD using P2P (Peer-to-Peer) services, which let you transfer funds directly to other users. You can also use third-party payment providers or credit cards to buy crypto instantly. This is the common way to fund these types of international exchanges.

3. Coinbase Canada: Best fiat-to-crypto platform for beginners

Coinbase is one of the most recognized and established brands globally, and it has built a platform that is incredibly easy to use, even for someone buying crypto for the very first time. You can instantly buy, sell, and manage over 200 of the largest and most popular cryptocurrencies, and their mobile app is widely praised for being straightforward.

Also, you get some great perks: automatic staking rewards (4% APY on USDC stablecoin), insurance for USD funds, and the confidence of a public company (Coinbase is the largest publicly traded crypto company).

Regulation: Coinbase Canada, Inc. is registered as an MSB with FINTRAC (license M22815925) and is a Restricted Dealer in all provinces. It follows Canadian regulations strictly.

Fees & CAD Payment Methods

Coinbase has two main fee structures: the Simple Trade method, which includes a spread and higher, flat-rate fees for convenience (around 1% per trade), and the Advanced Trade platform. The Advanced Trade platform is where you can find much lower fees, with spot maker fees starting at 0.4% and taker fees up to 0.60%, based on volume.

You can top up CAD instantly: Interac e-Transfer and EFT bank transfers have no deposit fee, and Coinbase allows instant withdrawals to most Canadian banks. They also let you use PayPal or debit/credit cards to buy crypto (cards have a 3.99% fee).

4. Zoomex: Best anonymous Canadian exchange for leverage trading

Zoomex is a newer Canadian crypto trading platform (founded in 2021) that focuses on derivatives. It’s interesting because it blends anonymity with some Canadian oversight. Zoomex does not require KYC for normal trading (so you can sign up quickly), yet it has a Canadian MSB license. That means they’ve registered as a Money Services Business in Canada, showing compliance intent.

The key feature of Zoomex is leverage. It offers perpetual futures contracts (settled in USDT or crypto) with maximum leverage up to 200x. Zoomex basically lets you use powerful tools like advanced charting and copy trading, and it has the liquidity necessary for large contract trades. Honestly, for many derivatives traders, the high leverage and ability to trade anonymously make it a top choice, even though it’s an offshore platform.

Regulation: Zoomex is recognized as a digital services institution in Canada. It has a FINTRAC MSB license (MONEY SERVICES BUSINESS), which is rare for a “no-KYC” exchange.

Fees & CAD deposits

Spot trading fees are 0.10% maker/taker; futures fees are ~0.02%/0.06% (similar to Bitget). No platform deposit fee on crypto or USD.

Zoomex is focused on international markets and leverage; it doesn’t offer direct CAD bank deposits like Interac e-Transfer. You can fund your account mainly by transferring crypto from another wallet or exchange. Alternatively, you can buy crypto with CAD using third-party services or its P2P platform, which means dealing with another user to exchange fiat for crypto.

5. MEXC: Zero-fee crypto exchange in Canada (trade without KYC)

MEXC is mainly recognized in the crypto community for having one of the largest selections of digital assets, listing over 3,000 cryptocurrencies. Guess what, this makes it an absolute go-to for finding new, low-cap, or highly volatile tokens that haven’t made it to the major North American exchanges yet.

Also, its fee structure is another huge draw, especially since it frequently offers zero maker fees on the spot market, which means you can trade without paying any commission if you use limit orders. For many traders, the ability to access this wide selection and trade without immediate KYC verification makes it a highly attractive option.

Regulation: MEXC is a global exchange that is generally not considered a Canada-approved crypto exchange or a FINTRAC-licensed crypto exchange for specific Canadian operations. It maintains a worldwide presence and often provides services using international licenses, but it doesn’t hold the specific MSB or securities registration required for fully compliant domestic Canadian platforms.

Fees & CAD Payment Methods

MEXC really stands out with its low fees, often offering a true zero maker fee on its spot market. The taker fees are generally around 0.05% for spot trading, which is still pretty competitive.

For Canadian users, direct CAD transfers via Interac e-Transfer are typically not available. You will need to use alternative methods to fund your account with fiat. These methods mainly include using P2P trading to convert your CAD to stablecoins or buying crypto directly using a credit card through a third-party payment processor.

How to Choose the Best Crypto Exchanges Canada?

Regulation and Security

This is the most important factor in Canada right now because of the evolving regulatory landscape. You absolutely need to choose an exchange that is registered with or regulated by Canadian authorities like FINTRAC and relevant provincial securities commissions (OSC or BCSC).

This registration confirms that the platform follows anti-money laundering and Know-Your-Customer laws, which adds a crucial layer of user protection. Beyond compliance, look for strong security features like mandatory two-factor authentication (2FA), proof of cold storage for the majority of client funds, and comprehensive data encryption. If a Canadian crypto exchange is compliant, it shows they are serious about protecting Canadian users and managing operational risk.

Fees and Pricing Structure

Exchange fees can quickly eat into your returns, so scrutinizing the cost structure is vital before you commit. Most crypto trading platforms in Canada charge a trading fee (often a maker/taker model) for every buy or sell transaction, and these can range from 0.1% for high-volume traders to over 1.5% for basic purchases.

You must also check the fiat deposit and withdrawal fees for Canadian dollars; ideally, quick methods like Interac e-Transfer should be free. Finally, be aware of the spread, which is the hidden cost built into the price difference between buying and selling, as a wide spread can make trading more expensive than the listed transaction fee suggests.

Available Funding Methods (CAD)

The efficiency of getting your Canadian dollars onto and off the platform is a huge measure of convenience and quality. The best Canadian-focused exchanges support Interac e-Transfer, as it is usually instant, free, and the most common banking method here.

For moving larger amounts, check for reliable and affordable Wire Transfer support that processes quickly with your major bank. Avoid any crypto exchange in Canada that forces you to use a credit card for deposits, as these transactions are often treated as costly cash advances by Canadian banks, creating unnecessary expense.

User Experience and Interface

The platform’s design impacts your ability to execute trades accurately and quickly, especially during volatile market moments. For beginners, the best crypto exchanges in Canada offer a clean, simplified mode with easy “Buy/Sell” functions and clear portfolio summaries to avoid overwhelming complexity.

More experienced traders will require robust tools like advanced charting, various order types (limit, stop-limit), and a highly responsive, well-designed mobile application. A confusing or glitchy interface can easily lead to costly errors, so the platform should feel intuitive and reliable on both desktop and mobile devices.

Cryptocurrency Selection

While you might start with just the major assets like Bitcoin and Ethereum, it’s beneficial to choose a platform that offers a broad range of digital assets for future flexibility. A diverse selection of altcoins and tokens allows you to expand your investment portfolio without the hassle of opening and managing accounts on multiple exchanges.

You should check if the platform regularly lists new and popular assets, but also be aware that Canadian-regulated exchanges may have a slightly smaller selection compared to their global counterparts due to regulatory approval requirements.

Liquidity and Trading Volume

Liquidity is the measure of how easily you can buy or sell a large amount of crypto without significantly impacting its price, and high liquidity is always better. An exchange with a large daily trading volume is generally more liquid, meaning your buy and sell orders will be filled quickly and at a fair market price.

Low-volume crypto exchanges in Canada often suffer from high slippage, where the price you see when you place an order is different from the price you actually get upon execution, especially when you are making larger transactions.

Customer Support Availability and Quality

When dealing with technology and money, reliable support is non-negotiable, particularly when transactions go awry or you have security concerns. You should look for exchanges that provide multiple contact options, such as 24/7 live chat, dedicated phone support, or a proven-to-be-responsive email ticket system.

Research the company’s reputation to gauge the typical wait times and the competence of their support agents, especially during periods of extreme market activity when issues are more likely to arise. Quick, knowledgeable help can save you from major financial headaches.

Which Crypto Exchanges Are Based in Canada? (FINTRAC-Registered)

There is a really important distinction you need to understand when talking about the best Canadian crypto exchanges: those that are based here and fully registered as Money Services Businesses (MSBs) with FINTRAC, versus those that are global and just serve Canadian clients.

Seriously, a Canada-approved crypto exchange means that the platform has gone through the process of registering with the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) and potentially the provincial Securities Administrators (CSA).

• FINTRAC is the body that makes sure platforms are compliant with anti-money laundering (AML) and anti-terrorist financing rules, which protects the financial system.
• All businesses operating as dealers in virtual currency for the public in Canada must register as an MSB with FINTRAC.
• Actually, Coinbase is registered with the CSA, and Kraken is largely compliant and registered across many global areas that satisfy Canadian standards. Other purely Canadian platforms, not on our top 5 list but also strong contenders, like Bitbuy and NDAX, are prime examples of locally based, FINTRAC-registered entities.

The benefit for you of using a fully FINTRAC-registered crypto exchange is that you get robust consumer protection, clear avenues for dispute resolution, and generally higher security standards. You can usually link your bank account for fast, cheap deposits and withdrawals using Interac e-Transfer, which is a big convenience.

The downside is that they often have fewer tokens and offer lower leverage because of the local regulations, which is why some traders look offshore. You need to decide if you prioritize that regulatory safety net or the greater trading freedom offered by global platforms.

Some of the best crypto exchanges in Canada with full licensing are:

1. NDAX: A Calgary-based platform, registered with FINTRAC (M18632135). NDAX offers Bitcoin, Ethereum, and many coins, with CAD funding via Interac and EFT.
2. Kraken (Payward Canada Inc.): The Canadian arm of Kraken, registered with FINTRAC (M19343731) and OSC as a Restricted Dealer.
3. Coinbase Canada: Registered with FINTRAC (M22815925) and CSA.
4. Coinsquare: One of the older Canadian exchanges, also FINTRAC-registered.
5. Bitbuy: Canadian exchange, FINTRAC-registered, focuses on low fees and easy trading.
6. Newton: Canadian platform licensed with FINTRAC (crypto only, no trading fees).
7. Shakepay: Yet another FINTRAC-registered platform for simple buying/selling.

These best crypto exchanges in Canada let you use Canadian dollars and follow domestic rules. If you stick to them, you know the deposits and withdrawals comply with local banks, and your identity paperwork is recognized.

Other Best Cryptocurrency Exchange Platforms in Canada are…

1. Bitbuy

2. Coinberry

3. Coinsmart

How to Buy Cryptocurrency in Canada? (Buy Bitcoin Instantly)

Buying crypto in Canada is easy, especially if you use exchanges that support CAD. Here’s a quick step-by-step for buying, say, Bitcoin:

1. Pick a Canadian-friendly exchange: Sign up for a platform that accepts Canadians. For instant buys, choose something like Coinbase or Kraken.
2. Complete verification: On regulated exchanges, you usually need to verify your identity (KYC). Upload your ID and wait for approval. It’s quick on most platforms (minutes to a day).
3. Deposit CAD: Once verified, fund your account. For instant or same-day deposits, use Interac e-Transfer (common on Coinbase, Kraken) or an Electronic Funds Transfer (EFT) from your bank. These usually cost no fee and arrive in minutes or hours. Alternatively, use a debit/credit card (fees ~2-4%) or even PayPal (on Coinbase) for quick buys.
4. Buy crypto: After your CAD hits the account, go to the trading page or “Buy” section. Enter how much CAD you want to spend on Bitcoin (or another coin) and confirm. The purchase executes instantly at market rate (plus any spread fee). On Coinbase and Kraken, you can also use their “instant buy” interface for beginners.
5. Withdraw to wallet (optional): If you want your Bitcoin in a personal wallet, you can withdraw it. On Coinbase/NDAX, you can enter your own Bitcoin address and send it out. There are usually small network fees for this.

Also, you can even buy crypto at a Bitcoin ATM with cash (though fees are high). But using an online exchange is simpler: you get better rates and can do it from home.

Types of Canada-based Crypto Apps

Crypto apps in Canada generally fall into a few categories:

• Exchange Apps: These are the mobile apps for best crypto exchanges in Canada. Examples: Kraken app, Coinbase app, Bitget app, MEXC app. They let you buy, sell, and hold crypto, all in one place. If you choose one of our top exchanges, install its official app for on-the-go trading.
• Wallet Apps: These are for storing crypto securely. The best crypto wallets in Canada include Trust Wallet, MetaMask, or Ledger Live (if you have a hardware wallet). They often integrate with exchanges so you can send/receive coins from your phone.
• Brokerage / Investment Apps: In Canada, you also have fintech apps that offer crypto buying as a side service. Wealthsimple Crypto is one (though it’s more like an exchange). These apps might have simplified interfaces and sometimes lower limits, but can be handy.
• Fiat/Crypto Payment Apps: Some payment apps (like MoonPay or Simplex interfaces) let you buy crypto with cards. You might use these within other apps to fund your exchange account.
• Portfolio/Tax Apps: There are apps (like Koinly, CoinTracker) that help you track your Canadian crypto portfolio and taxes. They connect to exchanges to gather data and help with tax reporting.

Read: Best cold storage wallets

Crypto Tax in Canada (Regulations)

Tax rules in Canada treat cryptocurrency as property, not currency. That means any time you sell or trade crypto, it’s generally a taxable event. If you sell Bitcoin for a profit, you owe tax on that capital gain (usually 50% of the gain is added to your income). If you lose money, you can use it to offset gains.

Here are the basics you should know:

• Capital Gains: If you buy crypto and later sell for more CAD, you have a capital gain. 50% of that gain is taxable. For example, if you made $1,000 CAD on BTC, $500 is taxable at your income tax rate.
• Income: Frequent trading, mining, or earning crypto (staking rewards, payments) might be considered business income, which is fully taxable.
• Reporting: The CRA requires you to report crypto transactions on your tax return. You’ll need to track every trade, deposit, and withdrawal in CAD value. Keep records of dates, amounts, and fair market value.
• FINTRAC Reporting: Exchanges register with FINTRAC and must report large transactions (over CAD 10,000) or suspicious activity. This means the CRA can see big crypto moves.
• GST/HST: If you sell goods/services for crypto, or do large trades, GST/HST rules may apply. (This is advanced stuff.)

The bottom line is: Yes, you pay tax on crypto profits in Canada. These best crypto exchanges in Canada won’t automatically withhold tax for you, so you’re responsible for declaring gains and losses. Some Canadian exchanges have tools that show your yearly gains, and there are crypto tax software tools that connect to these exchanges to calculate what you owe. Always set aside some of your gains so you’re ready to file at tax time.

Read more guides:

• Best crypto exchanges in Australia
• Best crypto exchanges in the UK

Conclusion: The Largest cryptocurrency exchange in Canada

So, which is the biggest crypto exchange in Canada? It depends on how you measure “largest.” Globally, Coinbase is a giant – it became the largest publicly traded crypto company in the world (at one point). It serves millions worldwide, including many Canadians. In terms of Canadian-owned platforms, Kraken often claims to be the top domestic exchange by volume and currency pairs. Bitget and MEXC also handle a lot of Canadian trading volume.

Ultimately, the “largest” platform by user base and liquidity for Canadians is likely Coinbase or Kraken (since they can funnel Canadian and international traffic). Also, NDAX is the largest local Canadian-based exchange, and others like Coinsquare and Newton have solid local user numbers too.

Whichever exchange you pick, make sure it fits your needs. If you value regulation and simplicity, a big name like Coinbase or Kraken is a safe bet. If you want variety and low fees, a global exchange like MEXC or Bitget might be bigger in terms of coin count. Just know that in Canada, real volume often flows through those big regulated names.

In the end, the best crypto exchange in Canada will be one that keeps your funds secure, serves your trading style (spot vs futures, coins vs fiat), and works smoothly with your bank.

FAQs: Crypto Exchanges Available in Canada

Which Canadian crypto exchange has the lowest fees?

Generally speaking, MEXC often features the lowest fees for spot trading, especially since it frequently offers zero maker fees, letting you trade large volumes basically for free.

Among the FINTRAC-approved crypto exchanges, Kraken offers extremely competitive fees for high-volume traders, with maker fees dropping to 0.0% at the highest tiers. For instant CAD deposits, both Kraken and Coinbase offer free Interac e-Transfer, which totally minimizes the upfront cost of funding your account.

Read: full Kraken exchange review

Which is Canada’s largest crypto exchange?

Canada’s largest crypto exchange, in terms of trading volume and global recognition that serves the Canadian market, is widely considered to be Kraken. They have a massive global footprint and handle huge amounts of daily volume, which translates into excellent liquidity for Canadian traders.

Is it legal to buy cryptocurrency in Canada?

Yes, it is 100% legal to buy and sell cryptocurrency in Canada. The Canadian government, through bodies like the CRA and FINTRAC, has established clear frameworks for virtual currency.

The key thing you need to remember is that you must report any capital gains or business income earned from your crypto activities to the Canada Revenue Agency (CRA) on your annual tax return. Basically, use a Canada-approved crypto exchange and comply with tax rules.

What is the safest crypto exchange in Canada?

Kraken is widely regarded as the safest crypto exchange in Canada due to its long history, robust security protocols (like cold storage for 95% of assets), and proactive approach to global regulation.

Coinbase is also a great contender for safety because it is CSA-registered and highly focused on user-friendliness and security for beginners. Seriously, both platforms offer high levels of regulatory oversight and insurance provisions.

Which crypto exchange in Canada supports Interac e-Transfer?

Plenty of the best Canadian crypto exchanges support Interac e-Transfer because it is the most popular way for Canadians to move money online quickly. Both Kraken and Coinbase offer free and fast Interac e-Transfer deposits, often crediting your account instantly or within a few minutes.

Can I buy Bitcoin without KYC in Canada?

You can technically buy Bitcoin without full KYC in Canada, but this usually means using offshore exchanges like MEXC or Zoomex for crypto-to-crypto swaps or using a P2P service.

No way a fully Canada-approved crypto exchange will let you deposit CAD and buy Bitcoin without first completing KYC. These platforms must adhere to AML regulations. So, if you want full anonymity, you must accept the risks of using unregulated international platforms and deal with crypto funding only.

Which exchange has the most cryptocurrencies in Canada?

MEXC currently offers the most cryptocurrencies, listing over 3,000 assets, making it an excellent platform for finding small-cap altcoins or new token launches. Bitget is also really high up there, usually listing over 1,200 cryptocurrencies.

The licensed and best crypto exchanges in Canada, like Kraken (350+ coins) and Coinbase (200+ coins) focus more on quality and liquidity, but the global, non-KYC platforms give you far wider access.

What is the best app to buy Bitcoin in Canada?

The best app for buying Bitcoin is generally Coinbase, especially if you are a beginner. Its mobile app is very simple, super secure, and offers instant purchases using Interac e-Transfer.

Kraken also has a powerful mobile app, the Kraken Pro app, which is better suited for intermediate traders who want more technical charts and advanced order types while on the go. You really should download both and see which interface you like better.

Are Canadian crypto exchanges insured?

Generally, Canadian crypto exchanges are not universally insured in the same way traditional banks are through CDIC. However, major best Canadian crypto exchanges like Kraken and Coinbase employ very high security standards, keeping the vast majority of assets in cold storage, which is offline and highly secure.

Furthermore, some platforms hold reserve funds or private insurance policies to cover potential losses from platform failures or hacks, giving you a bit of added protection.

How do I withdraw money from a Canadian crypto exchange to my bank?

Withdrawing money from the best Canada’s crypto exchange, like Kraken or Coinbase, to your Canadian bank account is usually a pretty straightforward process. You basically just need to sell your cryptocurrency for CAD in your exchange wallet first.

Then you navigate to the withdrawal section, choose Interac e-Transfer or Bank Wire, and enter the amount you want. Interac e-Transfer is faster and often free, depositing the funds into your bank account quickly, usually within minutes to a few hours. Bank wires are typically used for large withdrawals and can take one or two business days.