Share this article
Kraken Opens Bitcoin Exchange in Canada
Kraken has become the latest US-based bitcoin exchange to launch services in the Canadian market.
By Pete Rizzo
Updated Sep 11, 2021, 11:45 a.m. Published Jun 29, 2015, 4:20 p.m.
Kraken has officially launched in Canada following a partnership with digital currency industry-focused risk management specialist Vogogo.
The San Francisco-based bitcoin exchange now allows users in Canada to convert Canadian dollars into digital currencies using Interac e-Transfer and electronic fund transfers (EFT). Trading fees are then priced between 0.10% and 0.35%, with more active traders receiving more attractive rates.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
In statements, Kraken CEO Jesse Powell indicated that the company saw significant potential in the Canadian market. The exchange has been one of the most active US firms in the global market, opening to Japan and adding GBP trading in October. Kraken is also one of the more prominent businesses to pull out of the US market over legal concerns.
Kraken becomes the latest US bitcoin exchange to enter the Canadian market, a move that follows the closures of former market leaders CaVirtex and Vault of Satoshi in early 2015. New York-based platform Coinsetter since acquired Cavirtex in April for an undisclosed amount.
Kraken is currently the market leader in EUR trading according to data from Bitcoin Charts, boasting 24-hour volume of 4,579 BTC, a figure that puts it ahead of competitors including ANX and BTC-e.
Image via Kraken
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
Every Major Bitcoin Conference Has Seen Prices Fall in 2025, Will Abu Dhabi Be Different?
Bitcoin enters the Abu Dhabi conference near $92K after a year of sell-the-news dips at major events, raising questions about another potential pullback.
What to know:
- Bitcoin enters the MENA 2025 conference around $92K, with traders watching for another event-linked correction.
- All four major bitcoin conferences this year — Las Vegas, Prague, Hong Kong and Amsterdam — coincided with short-term price drops.
- The bitcoin conference in Abu Dhabi arrives this week with bitcoin over $92,000, raising the possibility of another sell the news move.
Top Stories
