How to Buy ONDO in Canada: 9 Ways in 2025

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Ondo (ONDO) has emerged as one of the most talked-about cryptocurrencies in the decentralized finance (DeFi) space, especially among Canadian investors seeking exposure to real-world asset tokenization. If you're based in Canada and wondering how to buy ONDO in 2025, you're in the right place. With years of hands-on experience testing over 50 crypto platforms, I’ve compiled a clear, up-to-date guide to help Canadians purchase ONDO securely and efficiently—whether you're just starting out or leveling up your trading strategy.

Why Invest in Ondo (ONDO)?

Ondo is more than just another digital token—it’s the governance token for a cutting-edge DeFi platform that bridges traditional financial assets with blockchain technology. By tokenizing real-world assets like U.S. Treasury bonds and private credit, Ondo offers yield opportunities backed by tangible value, appealing to both crypto-native traders and finance-savvy Canadians from Vancouver to Halifax.

Staking rewards, institutional-grade infrastructure, and growing ecosystem adoption make ONDO an intriguing long-term play. That said, like all cryptocurrencies, it carries volatility and market risk. Always conduct thorough research and only invest what you can afford to lose.

👉 Discover how top traders are positioning ONDO in their portfolios for 2025.

Where to Buy ONDO in Canada: 9 Trusted Options

Here are the most reliable ways for Canadians to buy Ondo (ONDO) in 2025, ranked by accessibility, fees, security, and user experience.

1. Coinbase – Best for Beginners

Coinbase stands out as the most reputable and beginner-friendly exchange available to Canadians. It’s registered as a Restricted Dealer with the Canadian Securities Administrators (CSA), stores 98% of assets in cold storage, and offers two-factor authentication (2FA) and insurance coverage for USD balances up to $250,000.

You can buy ONDO directly using CAD via Interac e-Transfer, with a spread of approximately 0.50%. Credit or debit card purchases incur a 3.99% fee. Withdrawal costs depend on network congestion.

Coinbase also integrates seamlessly with tax tools like Koinly, making year-end reporting easier for Canadian users.

2. Bitget – Low Fees, Global Access

Bitget is a major global exchange offering competitive trading fees and access to over 800 cryptocurrencies, including ONDO. While not fully available in Ontario and Alberta due to regulatory restrictions, many Canadian traders use it successfully by funding through other platforms.

To get started:

  1. Deposit CAD on Coinbase via Interac e-Transfer
  2. Buy USDC (a USD-pegged stablecoin)
  3. Transfer USDC to Bitget
  4. Trade USDC for USDT, then for ONDO

Bitget is ideal for active traders focused on minimizing costs and accessing diverse trading pairs.

👉 Compare real-time ONDO price movements across top exchanges.

3. MEXC – Lowest Fees & Largest Selection

MEXC boasts over 2,900 tradable cryptocurrencies and some of the lowest fees in the industry: 0% for makers and 0.1% for takers on spot trades. While MEXC isn’t officially registered under Canadian securities laws, many users access it via secure connections.

No KYC is required for basic trading, which enhances privacy—though higher withdrawal limits require identity verification.

Due to its unregulated status in Canada, use caution and consider this option primarily for experienced users.

4. Uphold – Trade Crypto & Precious Metals

Uphold is unique among exchanges because it allows Canadians to trade not only cryptocurrencies but also gold, silver, and other precious metals—all within a self-custody wallet environment.

Registered as an MSB in Canada and compliant with MiFID II in Europe, Uphold ensures strong regulatory oversight.

This platform is great for diversified portfolios combining digital and physical assets.

5. Newton – Regulated Canadian Exchange

Newton is a fully regulated Canadian exchange known for its low-cost structure and excellent user experience. It doesn't charge direct trading fees; instead, it profits from the bid-ask spread (typically 0.5%–1%).

What sets Newton apart:

Perfect for Canadians who want a local, compliant platform with fast processing times.

6. Kraken – Low Fees & Strong Security

Kraken Canada is legally compliant and registered with FINTRAC as a Money Services Business. It’s working toward becoming a Restricted Dealer under Ontario’s OSC framework.

On Kraken Pro:

Deposits via Interac e-Transfer carry a small 0.5% fee.

Kraken is a solid choice for advanced traders prioritizing low fees and robust security.

7. KuCoin – High Volume & Advanced Tools

KuCoin ranks among the largest global exchanges by trading volume and supports over 700 cryptocurrencies. However, it's not compliant with Canadian securities regulations—new KYC applications are blocked in most provinces.

Despite this, many Canadians still use KuCoin via existing accounts or indirect funding methods.

Best suited for experienced traders comfortable with regulatory gray zones.

8. Coinsquare – Top-Tier Canadian Platform

After merging with WonderFi, Coinsquare has become one of Canada’s most secure and user-friendly exchanges. It’s regulated by CIRO (Canadian Investment Regulatory Organization) and offers CIPF insurance up to $1 million per account for cash holdings.

Two trading modes:

Coinsquare is ideal for investors who prioritize safety and regulatory compliance.

9. Netcoins – Higher Fees, Limited Selection

Netcoins is a FINTRAC-registered MSB and subsidiary of BIGG Digital Assets. While fully legal in Canada, it charges a flat 0.5% trading fee and has relatively high withdrawal costs (e.g., 1.5% for e-Transfer withdrawals).

With support for only 45+ coins and slower innovation compared to peers like Newton or Kraken, Netcoins remains a functional but less competitive option.

How to Keep Your ONDO Safe

For short-term trading, keeping ONDO on trusted platforms like Newton or Kraken is acceptable due to their strong security measures. However, for long-term holdings—especially if you plan to stake or hold through market cycles—consider transferring your tokens to a secure crypto wallet.

Hardware wallets like Ledger offer maximum protection against hacks, while software wallets like Trust Wallet provide convenience with decent security—provided you enable strong passwords and never share your seed phrase.

Pro Tip: Store your recovery phrase offline—never on your phone or cloud storage.

How to Sell ONDO in Canada

Selling ONDO is straightforward:

  1. Transfer your ONDO back to your preferred exchange.
  2. On Newton or Coinsquare: Click “Sell” and receive CAD directly.
  3. On Bitget or KuCoin: First swap ONDO into BTC or ETH, then transfer to a Canadian-friendly exchange for CAD conversion.
  4. Withdraw funds via Interac e-Transfer or bank wire.

Timing your exit based on market trends and fee structures can save you money—especially during periods of high volatility.

👉 Learn how to maximize profits when cashing out ONDO holdings.

Frequently Asked Questions (FAQs)

Can I buy ONDO in Canada?
Yes. You can purchase ONDO on several regulated and global platforms including Newton, Coinbase, Bitget, Coinsquare, and Kraken.

Which exchange is best for buying ONDO in Canada?
For ease of use with CAD: Newton or Coinsquare. For lower fees and more pairs: Bitget or Kraken.

Is ONDO available on Wealthsimple or NDAX?
As of 2025, neither Wealthsimple Crypto nor NDAX lists ONDO.

Do I need to pay taxes on ONDO transactions?
Yes. The CRA treats cryptocurrency as a commodity. Capital gains from buying/selling ONDO must be reported on your tax return.

Can I stake Ondo (ONDO)?
Yes—Ondo offers staking rewards through its ecosystem platforms. Check official channels for current APY rates and requirements.

Are there risks in using non-Canadian exchanges like MEXC or KuCoin?
Yes. These platforms aren’t regulated in Canada, which increases counterparty and custody risk. Use only if you understand the implications.

By understanding your options—from highly regulated domestic exchanges to global platforms with lower fees—you can make smarter decisions about how and where to buy ONDO in Canada. Always prioritize security, stay informed about regulatory changes, and keep learning as the DeFi landscape evolves.

Remember: knowledge is your best investment tool.

Happy trading!