Buy almost any token, instantly
Access trending assets on Ethereum in seconds, including new coins as they land. (Base and Solana coming soon.)
Manage everything in one place
Buy on-chain tokens and manage them right alongside your stocks, ETFs, and daily chequing, without switching apps.
Save on every trade
Enjoy a flat, competitive fee of 0.85% and $0 network fees† so you can keep more of what you make.
Get the best of both worlds
Wealthsimple brings centralized and decentralized exchange trading together in one app.
Decentralized exchange trading (DEX) | Centralized exchange trading (CEX) | |
|---|---|---|
| Trading style | Built to trade any token directly on-chain | Built to trade popular crypto |
| Token access | Instant access to millions of tokens | Curated list of 150+ popular coins |
| Ownership | Total independent authority over your assets | We manage your assets on your behalf |
| Insurance | Not insured | Insured |
| Protection | Entirely your responsibility | Provided by our regulated partners |
Understand what you’re getting into
On-chain trading can sometimes feel uncertain. We’ll share automated scans for suspicious code so you can act with more confidence.
FAQs
What is DEX trading?
What is DEX trading?
It lets you buy and sell crypto assets directly on a decentralized exchange — right from the Wealthsimple app, alongside everything else you own.
What’s the benefit of having it in the same app?
What’s the benefit of having it in the same app?
Everything lives in one place. You can fund DEX trades instantly using your existing Wealthsimple cash or crypto, avoiding the need for a standalone wallet in a separate app.
How does it actually work?
How does it actually work?
Before your first trade, Wealthsimple creates a DEX wallet and an authentication key for you to sign your trades. When you buy, a third-party aggregator scans the blockchain for the best price, and the asset is held in your self-custody wallet.
Is DEX trading secure?
Is DEX trading secure?
Since they haven't been through the Wealthsimple listing process, you must do your own research. Key risks include contract risk (scams), low liquidity (worse execution prices), and price volatility.
What does Wealthsimple do to flag risky assets?
What does Wealthsimple do to flag risky assets?
The app surfaces risk flags, such as high fees or unverified contracts, on the asset's page to help you make informed decisions.
What are the fees?
What are the fees?
Enjoy a flat, competitive fee of 0.85% and $0 network fees†.
What networks are supported?
What networks are supported?
Ethereum is supported at launch, with support for Solana, Base, and other networks coming soon.
Does Wealthsimple have access to my tokens?
Does Wealthsimple have access to my tokens?
No. When you place a buy order for a DEX token, your cash or crypto is converted to the necessary currency to pay for the asset and any fees. A third-party DEX aggregator then scans the blockchain to find the best available price, and the trade is executed on a decentralized exchange. The asset then appears in your DEX wallet.