Introducing Wealthsimple Crypto

As you may have noticed, we like keeping things simple. That’s why we’re starting out by offering Bitcoin and Ethereum. They’re two of the highest market cap and most popular cryptocurrencies. We do plan to offer more in the future — stay tuned.

Wealthsimple Crypto users can buy, sell, and hold coins within the app. Deposits and withdrawals can only be made in Canadian dollars.

No, like all our products it’s designed to be simple and easy to use. And there are no minimums or fees for making a deposit or a withdrawal, which means you can get started with as little as $1.

Just remember, with any investment, you should make sure you do your research to understand the risks and only trade with money you’re comfortable losing. More information about cryptocurrencies, risk, and Wealthsimple Crypto can be found in our Product Risk Disclosure.

Cryptocurrencies can only be held in a non-registered account with Wealthsimple Crypto.

Wealthsimple Crypto is made available through the Wealthsimple Trade app. Wealthsimple Digital Assets Inc. (WDA) offers Wealthsimple Crypto to Canadians under time-limited registration and regulatory approach coordinated through the Canadian Securities Administrators' Regulatory Sandbox. In jurisdictions of Canada other than Québec, WDA is registered as a restricted dealer. In Québec, WDA is registered as a derivatives dealer. 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 find more information about Wealthsimple Digital Assets in our Client Relationship Disclosure.