How to Use Binance in Canada Safely (Working in 2024)

Binance closed its doors to Canadian citizens in May 2023 due to regulatory challenges. Since then, trading on the platform has become impossible for those residing in or visiting Canada. However, there’s an easy way to access Binance and avoid missing out on the latest trends.

A VPN can safely access Binance from locations where it’s unavailable, like Canada. VPNs can conceal an original IP address and assign a fresh one from a different location. This way, it looks like Binance is being accessed in a different country, making it possible to safely add funds, trade, and withdraw without restrictions.

I tested 40+ VPNs and found that ExpressVPN stood out as the best performer due to its advanced security features and reliable server connections. You can try ExpressVPN for Binance risk-free because it is backed with a 30-day money-back guarantee. If you’re not totally satisfied, then you can get a full refund. Editors' Note: Transparency is one of our core values at vpnMentor, so you should know we are in the same ownership group as ExpressVPN. However, this does not affect our review process.

Try ExpressVPN With Binance >>

Why You Need a VPN to Use Binance in Canada

Since Binance pulled out of Canada in May 2023, the exchange has become inaccessible to crypto traders residing in or visiting the country. When you try to access Binance in Canada, you’ll see the following error message:

Binance's services are restricted for users in Canada

An easy fix is to access Binance through a VPN server based in a location where the platform is available. A VPN hides your actual IP address and temporarily assigns you a different one from a location of your choice. VPNs also encrypt your data, helping to keep your wallets safe from hackers.

When a VPN connects to a server outside Canada, Binance won't be able to detect the real location, allowing free and safe account use.

Short on Time? Here Are the Best VPNs for Binance in Canada in 2024

Editor's Note: We value our relationship with our readers, and we strive to earn your trust through transparency and integrity. We are in the same ownership group as some of the industry-leading products reviewed on this site: Intego, Cyberghost, ExpressVPN, and Private Internet Access. However, this does not affect our review process, as we adhere to strict testing methodology.

How to Sign Up for and Use Binance in Canada

1. Get a VPN

You can try my top recommended VPN, ExpressVPN, risk-free – it has unmatched speeds and top-notch security features, both of which are great for live trading on Binance.

Signing up through its website ensures you'll benefit from its money-back guarantee

2. Connect to a Server

Binance isn’t available in Canada. VPNs offer IP addresses from countries where Binance isn’t restricted. The closer a server is to your actual location, the better the speeds you’ll get.

3. Create a Binance Account

Head to Binance and create a new account with your name, email, and password.

You'll need to have an address outside of Canada to create an account with Binance

4. Verify Your Account

Binance requires you to set up 2FA before accessing the platform. This also counts as level 1 verification, which allows you to withdraw up to 0.06 BTC daily.

The verification process on Binance takes around 7 minutes

5. Sign Up for a Crypto Wallet

I recommend using MetaMask to hold your cryptocurrencies.

MetaMask is compatible with multiple cryptocurrencies.

6. Fund Your Binance Account

To buy cryptocurrencies, you need to fund your Binance account. For that, you can use platforms such as Paytrie and Newton. Once funded, buy your preferred cryptocurrency coins.

7. Withdraw Your Crypto Coins

Once you’ve received the crypto tokens in your Binance account, withdraw them to your cryptocurrency wallet.

8. Start Trading on Binance

And with that, you’re ready to trade. It’s best to connect to a VPN each time Binance is accessed to avoid any action against the account.

Editors' Note: Transparency is one of our core values at vpnMentor, so you should know we are in the same ownership group as ExpressVPN. However, this does not affect our review process.

Best VPNs to Access Binance in Canada in 2024

We tested 40+ VPNs and have chosen the top 3 based on the most relevant features for accessing Binance in Canada. I chose VPNs with reliable servers in countries where Binance isn’t restricted, fast long-distance speeds, solid encryption levels, and generous refund periods.

1. ExpressVPN — Global Obfuscated Servers for Reliable Use of Binance in Canada

Editor’s Choice Editor’s Choice Try Risk-Free for 30 Days
Tested July 2024

Available on:

Windows Mac Android iOS

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Try ExpressVPN >

www.expressvpn.com

ExpressVPN's obfuscated server network allows it to overcome VPN blocks for easy access to Binance. This feature masks your internet traffic as regular internet traffic. To enable it, I just selected the Automatic protocol. When I connected to its Switzerland server, I was able to log into my Binance account and start trading like normal. I could also access my account with servers in Mexico, Italy, and Poland.

It has all the security features required to keep your trading data and wallet secure. It uses bank-grade AES 256-bit encryption and Perfect Forward Secrecy. This changes your encryption keys with each session, making your data practically unreadable. Plus, the Network Lock (kill switch) blocks internet access if the VPN connection drops unexpectedly, preventing leaks​.

Each plan comes with 8 simultaneous device connections. The only downside is that it comes at a slightly higher price point compared to some other VPN providers, starting at $6.67/month. However, ExpressVPN offers regular discounts on its long-term plans (currently 49% off) and a 30-day money-back guarantee, so you can try it with zero risk. I requested a refund via its live chat to test its legitimacy and had the money back in 2 days.

2. CyberGhost — NoSpy Servers to Safely Trade on Binance in Canada

Available on:

Windows Mac Android iOS

Chrome Router Smart TV More

Try CyberGhost VPN >

www.cyberghostvpn.com

CyberGhost’s NoSpy servers offer extra privacy when trading on Binance. These are located in its privacy-friendly headquarters in Romania and are only accessible to CyberGhost staff. This keeps your crypto transactions and personal data safe from prying eyes. I also tested servers in other countries where Binance is available and had no problem accessing my account.

It’s disappointing that CyberGhost’s short-term plan comes with a shortened guarantee of just 14 days. However, its long-term plan offers a generous 45-day money-back guarantee, so you can try it for over a month for free. I tested its refund policy and got my money back with no hassle. You also get 7 simultaneous device connections covered by a single plan.

3. Private Internet Access (PIA) — Customizable Security Keeps Your Binance Activity Safe

Available on:

Windows Mac Android iOS

Chrome Router Smart TV More

Try Private Internet Access >

www.privateinternetaccess.com

Private Internet Access lets you tailor your connection to support your Binance trading. It lets you choose between the extra-secure OpenVPN protocol and the faster WireGuard protocol. Plus, with the OpenVPN protocol, you can choose between 256-bit and 128-bit AES encryption, allowing you to optimize the balance between speed and security. During my tests, I recorded slightly faster speeds using the 128-bit option.

One slight disadvantage is that PIA is headquartered in the US, which has stringent data-sharing regulations. However, due to its strict no-logs policy, PIA won’t store your online trading activity or any other sensitive data. It’s also budget-friendly, starting at $2.19/month, and offers a 30-day money-back guarantee. Plus, you get unlimited simultaneous device connections with every plan.

Editor's Note: We value our relationship with our readers, and we strive to earn your trust through transparency and integrity. We are in the same ownership group as some of the industry-leading products reviewed on this site: Intego, Cyberghost, ExpressVPN, and Private Internet Access. However, this does not affect our review process, as we adhere to strict testing methodology.

Our Methodology For Testing VPNs for Using Binance in Canada

While I was researching the best VPNs for using Binance in Canada, I ensured that each VPN works reliably with Binance and has servers in countries where Binance isn’t restricted. Other top considerations included robust security features, such as strong encryption, a kill switch, and IP/DNS leak protection to keep the connection secure and protect data privacy.

The Binance VPN you choose should also provide fast and stable connections necessary for uninterrupted trading. A strict no-logs policy to enhance privacy is crucial. I also tested the customer support of each VPN to ensure you can access assistance whenever needed. Plus, all recommended VPNs come with a trustworthy money-back guarantee. To learn more about our VPN testing process, visit our methodology page.

How to Withdraw Funds From Binance in Canada

Since Binance blocks access to users located in Canada, there are a couple of extra steps necessary for accessing funds.

1. Connect to a VPN server. To access Binance from Canada, a VPN will need an IP address from a location where Binance is available. A VPN can hide an IP address while providing one from another location that doesn't restrict Binance, like Mexico.
2. Sign in to Binance. Enter your Binance credentials to log into your account.
3. Access your wallet. Click the Wallet button at the top right corner of the page. Then select Spot and click Withdraw. Select the BEP20 network.
4. Enter the amount to withdraw. Choose how much you’d like to withdraw and enter the address where you wish to withdraw.
5. Confirm the withdrawal. Click Withdraw, then the Confirm button. The funds will now be sent to the address you provided.

VPN Not Working With Binance in Canada? Here’s How to Fix It

Go through the following troubleshooting tips if your VPN is not working with Binance in Canada:

• Switch the VPN server. The VPN server you are using may be down, so try switching to another one.
• Restart the VPN app. A simple restart can resolve issues with your VPN connection.
• Check Binance’s website for outages. Often, the issue may be with Binance itself. The service may be overloaded or experiencing a temporary outage. Also, make sure to check for any scheduled maintenance on its website or social media platforms.
• Check your verification level on Binance. Binance has restricted services based on the level of identity verification you have completed. Check your account dashboard for any incomplete steps.
• Contact Binance support. Binance’s chat support offers troubleshooting guidance so you can explain the issue or error code you are seeing to them.
• Contact your VPN’s support. If the issue is not with Binance, check that the issue isn’t with the VPN. Its chat support may be able to recommend another server or protocol to try.

FAQs on Using Binance in Canada

Is Binance legal in Canada?

Technically, no, and it goes against the platform's Terms and Conditions. Binance decided to withdraw from Canada in May 2023 due to regulatory challenges. That said, a VPN can access Binance from anywhere since it offers servers in multiple countries.

However, you need to keep in mind that you won’t be able to fully verify your account if you don’t have a non-Canadian ID. This means that you’ll be limited to withdrawing 0.06 BTC daily, and you can’t buy crypto with fiat currencies.

Can I add funds and withdraw money from Binance in Canada?

Withdrawals on Binance are allowed in Canada, but users can’t add funds to their accounts. Users can withdraw in both crypto and fiat through various methods. Ensure your bank accepts transactions from Binance to avoid any complications with withdrawals.

A VPN that offers servers in countries where Binance operates can offer unrestricted access from Canada. Remember that you can no longer sign up for an account on Binance if you have a Candian ID, though.

Are there any Binance alternatives available in Canada?

Several alternatives to Binance are available in Canada, including Coinbase, Kraken, KuCoin, and Bitbuy. Unlike Binance, which has pulled out of Canada, these platforms are regulated in Canada and offer a similar range of cryptocurrencies as Binance, providing safer investment environments with adherence to Canadian financial regulations.

Why can’t I use Binance in Canada?

Binance no longer operates in Canada due to regulatory challenges. Since June 2021, Binance has been under scrutiny by Canadian regulators, prompting intermittent service outages. The platform finally pulled out of the country in May 2023. Using a reliable VPN can help bypass these geo-restrictions, allowing secure access to Binance. However, those with a Canadian ID won’t be able to use any services except withdrawing their funds.

Does Binance require KYC verification in Canada?

Yes, Binance requires KYC verification for all users. KYC (Know Your Customer) is a regulatory requirement that helps prevent fraud, money laundering, and other illicit activities. A reliable VPN can further safeguard access to Binance in Canada.

Binance adheres to these regulations to remain legally compliant in countries where it isn’t banned. To complete the KYC process on Binance, you'll need to provide personal information such as your full name, address, date of birth, and a valid government-issued ID.

Not complying with KYC verification on Binance will result in limitations on your account. This means that you’ll be limited to withdrawing 0.06 BTC daily, and you won’t be able to buy crypto with fiat currencies.

Is using a VPN to access Binance allowed?

It’s complicated. Using a VPN while accessing a verified Binance account where it’s available is permitted. However, bypassing Binance’s geo-restrictions to set up an account or use it in a different location goes against its terms of use.

If Binance detects you using a VPN in this way, it may suspend or restrict your account and could have financial repercussions.

Before using a VPN to access Binance, make sure to check that the use of VPNs or cryptocurrency exchanges isn’t restricted or banned in the country you’re traveling to.

What countries can you access Binance from?

You can access Binance from 40+ countries around the world. Unfortunately, due to regulatory issues, there are many countries where Binance can’t operate, such as Canada, the US, and the UK. Luckily, it’s possible to access Binance safely from anywhere with the help of a reliable VPN.

Binance is currently available in:

To summarize, the best VPNs to use Binance in Canada are…

Rank

Provider

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1

9.9 /10

9.9 Our Score

Save 49%!

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2

9.7 /10

9.7 Our Score

Save 83%!

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3

9.5 /10

9.5 Our Score

Save 82%!

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