Most of the world thinks about crypto in U.S. dollars. Prices are quoted in USD, analysts share charts in USD, and global markets move on USD. Yet until now, Wealthsimple clients could only view and trade crypto in Canadian dollars. That mismatch was inconvenient — especially for active traders who already hold USD cash or invest in U.S. equities.
Clients told us they wanted to see and trade crypto in USD without having to juggle multiple platforms or do mental conversions. So we built what they needed.
USD crypto accounts
Crypto accounts now feature:
USD trading and pricing Buy and sell crypto directly in U.S. dollars, in addition to CAD. Align your view with global markets and act with clarity.
Dual-currency balances Hold both CAD and USD cash in the same account. No need to constantly convert — keep funds in the currencies that fit your holdings and your plans.
Flexible performance tracking View account values, positions, and returns in either CAD or USD. Choose the lens that makes the most sense for you.
Simple reporting For tax purposes, book values remain CAD-denominated, so reporting stays simple while your trading gets more flexible.
Why this matters for traders
USD crypto accounts aren’t just a nice-to-have — they unlock real advantages:
Stay aligned with the market: When global commentary, charts, and news updates use USD, you’ll be able to evaluate your holdings using the same numbers in real time.
Cut conversion friction: Spend less time doing math, and more time focusing on trades.
One connected ecosystem: Pair your USD Crypto Account with your USD Savings and Self-Directed Investing accounts. Manage equities, options, and crypto in the same currency, all inside Wealthsimple.
A step toward the bigger vision
We see this as more than a feature — it’s a step toward a single, multi-currency investing account that supports everything from equities and options to margin and crypto. By adding USD to crypto, we’re expanding choice, removing barriers, and making Wealthsimple work at the speed that traders think.
Crypto is offered by Wealthsimple Investments Inc. (WSII), a member of the Canadian Investment Regulatory Organization (CIRO). Crypto assets purchased and held in an account with Wealthsimple Crypto are not protected by the Canadian Investor Protection Fund, the Canadian Deposit Insurance Corporation or any other investor protection insurance scheme. You can learn more about the risks of crypto assets in our Crypto Product Risk Disclosure. You can find more information about WSII in our Relationship Disclosure. Any coins showcased are for illustration purposes only and are not recommendations or investment advice.