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Buying SushiSwap (SUSHI) in Canada is now easier than ever with more trustworthy Canadian specific options, and more international exchanges offering options to Canadian residents.
In this article, we will detail how you can purchase SushiSwap (SUSHI) and other cryptocurrencies from any province in Canada.
Things to Consider Before Buying SushiSwap (SUSHI) in Canada
Before getting started, there are a few things to consider when you plan on buying SushiSwap (SUSHI) in Canada. These are important in helping you both choose the correct time, and the correct service to make your SushiSwap (SUSHI).
Market Position: This is a huge factor of course when you invest in any asset. Perhaps, even more, the case when you are buying SushiSwap (SUSHI). It is subject to more pronounced price movements than investing in stocks for example. In that case, you want to be fully aware of the market price at the time you are buying.
Trading Fees or Limits: These can vary from extremely competitive to very high depending on the service you choose to buy your SushiSwap (SUSHI) through. Always be sure to check for all fees and charges before making a purchase.
Service Reputation: While all of the services we have chosen are some of the most trustworthy around, you should be aware that not every SushiSwap (SUSHI) sales platform is as reputable. You can reduce your risk by making sure you perform your own due diligence.
Top Exchanges to Buy SushiSwap (SUSHI) in Canada
Bitbuy is a Canadian cryptocurrency exchange that is proudly focused on serving Canadian traders and they offer some of the most popular cryptocurrencies including SushiSwap (SUSHI). The exchange was established in 2016 and has grown to become a popular and trusted marketplace for Canadian crypto-traders with now more than 350,000 users.
Bitbuy has developed a strong reputation for being a trustworthy and transparent operation. Their credibility has been enhanced on a number of fronts including being the first exchange in Canada to conduct proof of reserve audits which they began in 2019 and have carried out each year since.
They offer 20+ of the most promising cryptocurrency projects, all while being heavily regulated.
Binance is one of the largest and most well-known cryptocurrency exchanges in the world. They accept residents from all Canadian provinces excluding Ontario. As a Canadian trader, you can also use Binance to purchase SushiSwap (SUSHI). There are slight differences when it comes to using exchanges like Binance instead of purchasing your SushiSwap (SUSHI) directly as you can through the other services mentioned.
The main key differences are that in purchasing from Binance you can also buy from other traders in the market through the exchange. This can mean great value for you in terms of price and costs. Binance charges between 1% and 3.5% for direct SushiSwap (SUSHI) purchases using your credit, debit card, or bank transfer, though if you want to buy SushiSwap (SUSHI) using another crypto the fee can be as low as 0.1% from other traders on the exchange.
The process of getting started is also just as convenient. All you need to do is register with Binance and complete the KYC checks they have in place. For direct purchases, they partner with Simplex as a payment provider that also ensures your transactions remain safe and secure. It should take no more than a few minutes to complete your SushiSwap (SUSHI) purchase with Binance.
They also offer over 100 of the most popular cryptocurrencies, if you want to buy altcoins including Binance (BNB), this is a great option.
Ontario residents are prohibited.
KuCoin is a well-known name in the industry, and one of the most competitive in the sector when it comes to fees and trading costs. The exchange has grown exponentially from the early days of offering only crypto to crypto trading and they now offer a varied range of services including a P2P exchange capability, and purchasing with credit or debit cards.
They currently offer SushiSwap (SUSHI) trading as well as over 300 other popular tokens. They are often the first to offer buying opportunities for new tokens.
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