Looking to buy Optimism (OP) in Canada? I’ve got you covered. I’ve been trading crypto in Canada since 2016, testing over 50 exchanges to find the best ways for Canadians to snag OP. With my popular YouTube channel, OCryptoCanada, and thousands of subscribers along for the ride, I’ve figured out which platforms work best for us. Whether you’re a beginner or a seasoned trader, this guide will help you make a smart, informed decision.
Disclaimer: This article includes affiliate links. They help support OCryptoCanada, letting us keep delivering independent, no-nonsense content for you. No worries—these links don’t sway our rankings. Almost every exchange has a referral program anyway, so it’s just part of the crypto scene!Why Buy Optimism (OP)?
Where to Buy Optimism (OP) in Canada in 2025
If you’re in Canada and looking to buy Optimism (OP) in 2025, I’ve got some top platforms to share. Here’s my go-to choice for trading Optimism (OP) with ease and confidence.
1. NDAX (Balanced Option with Low Fees and Security)
NDAX is my go-to for Optimism (OP) trading due to its low fees and robust platform. It’s a balanced exchange with good coin selection, strong security, and full regulatory compliance—refer my video review.
Sign up with NDAX by providing a government-issued ID, a selfie with your ID, and proof of address. This is for KYC compliance to ensure security, prevent fraud, and comply with anti-money laundering regulations. Deposit funds using Interac e-Transfer for CAD, wire transfer, or direct crypto deposits—super convenient for Canadians. Navigate to the trading section, select the Optimism (OP) pair, and execute your order.
NDAX is considered the safest in Canada because it’s registered as an MSB with FINTRAC and AMF, has 95% cold storage for crypto, uses multi-signature wallets, and has strict security measures like 2FA. They also hold SOC2 Type II certification for security. For fees, NDAX offers competitive rates with a flat 0.2% trading fee for both buying and selling Optimism (OP). Deposits are free, but withdrawals have a fee, like $1.50 for e-Transfers and $4.99 for EFTs. NDAX currently supports trading for over 35 cryptocurrencies, including Optimism (OP). For Canadian traders specifically, NDAX’s low fees and top-notch security make it a secure and legal option for Optimism (OP).
If you’d be so kind as to use my referral link, you’ll get a $10 bonus that helps support my blog.
2. Coinbase (Most Reputable, Beginner-Friendly Option)
Coinbase is my go-to for Optimism (OP) trading due to its easy interface and robust platform. It stands out as the most reputable exchange, best for beginners with learning incentives—refer my video review.
Sign up with Coinbase Canada by providing your name, email, phone number, and government-issued ID for identity verification. This is to comply with KYC and AML regulations, ensuring a secure and compliant platform. Deposit funds using Interac e-Transfer, wire transfers, or direct crypto deposits—convenient options for Canadians. Navigate to the trading section, select the Optimism (OP) pair, and execute your order.
Coinbase Canada is one of the safest due to its registration as a Restricted Dealer with the Canadian Securities Administrators (CSA), 98% cold storage for digital assets, 2FA, and insurance through the Coinbase Custody Trust Company for USD balances up to $250,000. Coinbase Canada fees include a spread of about 0.50% on Optimism (OP) transactions, with additional fees for certain payment methods like 3.99% for credit/debit card purchases. Withdrawal fees vary but include a network fee for crypto. Over 200 cryptocurrencies are available for trading on Coinbase Canada, including Optimism (OP). For Canadian traders specifically, Coinbase Canada provides a user-friendly mobile app that makes Optimism (OP) trading accessible on the go, and its regulatory compliance makes it a secure and legal option for Canadian crypto enthusiasts trading Optimism (OP).
If you’d be so kind as to use my referral link, it helps support my blog.
3. Bitget (Best for Daily Trading with Low Fees)
Bitget is my go-to for Optimism (OP) trading due to its low fees and robust platform. It’s a global powerhouse and one of the biggest crypto exchanges, ideal for daily trading with 800+ coins. Not available in Alberta & Ontario—refer my video review.
Sign up with Bitget by providing personal details like your name, date of birth, nationality, and identity document number, along with a photo of your ID and a selfie for KYC verification, ensuring compliance with AML and CTF regulations. Most Canadians use their P2P marketplace or deposit crypto—here’s the step-by-step: Sign up with a crypto-regulated exchange in Canada; I’ll use Coinbase in this example because of free deposits and fast speed. Deposit CAD via Interac e-Transfer (or bank transfer, but it will be longer). A few minutes later, if funds are received, buy USDC with them (stablecoin attached to USD). Send the USDC to your Bitget wallet (I explained in detail in my video). Trade received USDC on Bitget to USDT, and now you have access to over 800 crypto pairs on Bitget, including Optimism (OP)! Navigate to “Spot Trading,” select the Optimism (OP)/USDT pair, and execute your order.
Bitget is considered safe globally with regulatory licenses in the US, Canada (except Ontario), and Australia, alongside high-security measures like $300M in cold storage, 2FA, and monthly Proof of Reserves audits. Bitget’s fees include a 0.1% spot trading fee for Optimism (OP), which can be reduced to 0.08% with BGB token payment. Futures trading fees are 0.02% for makers and 0.06% for takers. Deposits are free, withdrawal fees vary by cryptocurrency. Bitget supports trading for over 800 cryptocurrencies, including Optimism (OP). Deposit methods include bank transfers, credit/debit cards (through third-party providers), and various crypto deposits. For Canadian traders specifically, Bitget’s low fees and secure platform make it a standout option for Optimism (OP).
If you’d be so kind as to use my referral link, you’ll get a 50 USDT bonus when depositing over 500 USDT that helps support my blog.
4. Bitunix (Best for Privacy and Anonymity)
Bitunix is best for Canadians who value privacy and anonymity, low fees, and access to 200+ crypto pairs. No KYC with up to 500,000 USDT/day limits—all you need is just your email and password, no ID verification required. Refer to my video review.
Bitunix is considered safe with its US MSB License, Canada MSB License, and Philippines VASP License, 2FA, cold storage, regular security audits, and a reserve fund exceeding user holdings. Bitunix’s fee structure includes 0.10% for spot market takers for Optimism (OP), decreasing with volume, and for futures, 0.06% for takers and 0.02% for makers. Deposits are free, but withdrawal fees vary by cryptocurrency. Bitunix supports over 190+ trading pairs for spot and futures trading, including Optimism (OP). Deposit methods include crypto transfers; there are no direct fiat deposit options—you can deposit via Coinbase.
To sign up with Bitunix, you don’t need KYC for basic trading, enhancing privacy. However, for higher withdrawal limits or advanced features, you might need to provide ID for verification. This approach balances privacy with security measures. Navigate to the trading section, select the Optimism (OP) pair, and execute your order.
If you’d be so kind as to use my referral link, you’ll get bonuses from Bitunix and that helps support my blog.
5. MEXC (Cheapest Fees with the Most Coins)
MEXC is the cheapest exchange (0.02% fees) with the most coins (2,000+). No KYC with high limits. Not available in Canada, but accessible via VPN at your own risk.
MEXC is considered safe with its licenses from Estonia and the US, alongside robust security like 98% cold storage, 2FA, withdrawal whitelisting, and a Proof of Reserve system ensuring assets are over 100% backed. MEXC is not registered under Canadian securities laws, so they technically do not provide services for Canadians with certain limitations on features due to regulatory compliance. Many use VPN and still use MEXC due to its extreme low fees and NO KYC option—I recommend PureVPN. MEXC charges 0% for spot makers and 0.1% for takers on Optimism (OP), with futures at 0% for makers and 0.01% for takers. There are no deposit fees for crypto, but withdrawal fees vary by cryptocurrency. MEXC supports trading for over 2,900 cryptocurrencies, including Optimism (OP). Deposit methods include crypto transfers; no direct fiat deposit options are available, but third-party services like Banxa or MoonPay can facilitate fiat purchases—you can also deposit via Coinbase.
To sign up with MEXC, you don’t need KYC for basic trading, which prioritizes user privacy. However, KYC is required for higher withdrawal limits or some trading features, ensuring compliance and security. Navigate to the trading section, select the Optimism (OP) pair, and execute your order.
If you’d be so kind as to use my referral link, you’ll get a $20 bonus that helps support my blog.
6. Uphold (Unique Crypto and Metals Trading Platform)
Uphold is a unique platform allowing users to trade both crypto and metals with a self-custody wallet.
Uphold is considered safe with its Money Transmitter Licenses across several US states, an MSB license in Canada, and compliance with European regulations like MiFID II. It offers 2FA, cold storage for crypto, and regular security audits. It is legal in Canada under the MSB registration. Uphold’s fee structure includes a spread on Optimism (OP) transactions which can range from 0.5% to 1.5%, with specific fees for crypto, bank transfers, and card transactions. Withdrawal fees vary, including a fee for crypto withdrawals. Uphold supports over 120 cryptocurrencies for trading, including Optimism (OP). Deposit methods include bank transfers, credit/debit cards, and crypto deposits.
To sign up with Uphold, you need to provide personal information including your name, date of birth, address, and a government-issued ID for KYC verification, ensuring compliance with AML regulations and user security. Navigate to the trading section, select the Optimism (OP) pair, and execute your order.
If you’d be so kind as to use my referral link, it helps support my blog.
7. Kraken (Low Fees with a Strong Canadian Presence)
Kraken is a global exchange with 200+ crypto assets available in the Canadian market and considerably low fees.
Kraken Canada is considered safe with its FINTRAC MSB registration, 95% cold storage for crypto assets, 2FA, and independent security audits. It’s legally compliant to operate in Canada, having filed a pre-registration undertaking with the OSC to become a Restricted Dealer. Kraken Canada charges a 0.16% maker fee and 0.26% taker fee on the Pro platform for Optimism (OP) volumes up to $50,000 in 30 days, with fees decreasing as volume increases. Deposits via Interac e-Transfer have a 0.5% fee, and withdrawal fees vary by method. Kraken Canada supports trading for over 200 cryptocurrencies, including Optimism (OP). Deposit methods include Interac e-Transfer, wire transfer, and direct crypto deposits.
To sign up with Kraken Canada, you need to provide KYC information like your name, address, and a government-issued ID, ensuring compliance with AML regulations and enhancing user account security. Navigate to the Pro platform, select the Optimism (OP) pair, and execute your order.
If you’d be so kind as to use my referral link, it helps support my blog.
8. KuCoin (Advanced Trading with Low Fees)
KuCoin is one of the largest global exchanges by volume. Technically not allowed in Canada, but still used by many for advanced trading and low fees. Not available in Alberta & Ontario.
KuCoin’s safety is based on features like proof of reserves, 98% cold storage, 2FA, and a fund for asset security. However, in Canada, KuCoin is not compliant with current securities laws, resulting in a ban in Ontario and unavailability in other provinces for new KYC. It’s not legally operating in Canada as a regulated exchange, but some users still manage to use it with VPNs or existing accounts (I recommend PureVPN). KuCoin charges a 0.1% spot trading fee for both makers and takers on Optimism (OP), with potential reductions for holding KCS tokens. Futures trading fees are 0.02% for makers and 0.06% for takers. Crypto deposits are free, but withdrawal fees vary by cryptocurrency. KuCoin supports trading for over 700 cryptocurrencies, including Optimism (OP). Deposit methods include various cryptocurrencies; there are no direct fiat deposit options available in Canada.
To sign up with KuCoin, you typically don’t need KYC for basic trading, but for higher withdrawal limits or certain features, you might need to provide ID. However, due to regulatory issues, new Canadian user verification is not supported for KYC compliance in Canada. Navigate to the trading section, select the Optimism (OP) pair, and execute your order.
If you’d be so kind as to use my referral link, it helps support my blog.
9. Wealthsimple Crypto (Stocks and Crypto in One Place)
Wealthsimple Crypto is the only platform in Canada offering both stock and crypto trading in one place. Crypto trading fees are high, but stock-to-crypto swaps make it unique—refer my video review.
Sign up with Wealthsimple Crypto by providing your name, address, date of birth, phone number, employment information, and your Social Insurance Number (SIN) for KYC, ensuring compliance with Canadian regulations and security standards. Deposit funds by linking your bank account for Interac e-Transfer or using direct crypto deposits—handy for Canadians. Navigate to the trading section, select the Optimism (OP) pair, and execute your order.
Wealthsimple Crypto is considered one of the safest in Canada, being the first regulated crypto trading platform under a time-limited regulatory approach via the CSA’s Regulatory Sandbox. It uses Gemini for cold storage, ensuring 90% of assets are offline, employs 2FA, and has insurance through Gemini and CoinCover. It’s fully legal to operate in Canada. Wealthsimple Crypto charges a spread on Optimism (OP) trades ranging from 1.5% to 2%, with no deposit or withdrawal fees for fiat. Crypto withdrawals have a network fee. Wealthsimple Crypto supports trading for over 50 cryptocurrencies, including Optimism (OP). For Canadian traders specifically, its unique stock-to-crypto swap feature and strong security make it a standout option for Optimism (OP).
If you’d be so kind as to use my referral link, you’ll get a $50 bonus that helps support my blog.
10. Coinsquare (Top Security and UX Post-WonderFi Merger)
Coinsquare has improved significantly after merging with WonderFi. Higher fees but offers top-tier security and UX as a regulated custodial exchange.
Sign up with Coinsquare by providing personal information including your name, address, a government-issued ID, and proof of address for KYC compliance, ensuring the platform meets regulatory standards and enhances user security. Deposit funds using Interac e-Transfer, wire transfer, or direct crypto deposits—convenient for Canadians. Navigate to QuickTrade or Pro Trade, select the Optimism (OP) pair, and execute your order.
Coinsquare is considered among the safest in Canada due to its CIRO (Canadian Investment Regulatory Organization) regulation, FINTRAC MSB registration, and being the first crypto platform to be a CIRO investment dealer. It employs cold storage for assets (97.5% of digital assets), 2FA, and has insurance for customer cash up to $1 million per account through CIPF. It is fully legal in Canada. Coinsquare’s fee structure includes a 0.5% spread for QuickTrade Optimism (OP) trades, while Pro Trade has a maker/taker model (0.2% for makers and 0.4% for takers). Deposits via Interac e-Transfer are free, but withdrawal fees apply, such as 1.5% for e-Transfer withdrawals. Coinsquare supports trading for over 50 cryptocurrencies, including Optimism (OP). For Canadian traders specifically, its top-tier security and user experience make it a solid option for Optimism (OP).
If you’d be so kind as to use my referral link, you’ll get a $50 bonus that helps support my blog.
11. Netcoins (Higher Fees, Decent Option)
Netcoins has fees on the higher end (0.5%). An okay platform, but better options exist for buying crypto—refer my video review.
Netcoins is considered safe with its registration as a Money Services Business (MSB) with FINTRAC, securities registration in every Canadian province and territory, and being a subsidiary of BIGG Digital Assets, a publicly traded company. It employs 80% cold storage with BitGo, uses 2FA, and regularly publishes proof of reserves. Netcoins is fully legal in Canada. Netcoins charges a 0.5% trading fee for express Optimism (OP) trades, with no fee for deposits. Withdrawal fees include 1.5% for Interac e-Transfer, and crypto withdrawals have a small network fee. Netcoins supports trading for over 45 cryptocurrencies, including Optimism (OP). Deposit methods include Interac e-Transfer, wire transfer, and direct crypto deposits.
To sign up with Netcoins, you need to provide personal details like your name, address, date of birth, and a government-issued ID for KYC verification, ensuring compliance with Canadian regulatory requirements for security and anti-money laundering. Navigate to the express trade section, select the Optimism (OP) pair, and execute your order.
You can sign up using this link, but IMO there are better exchanges to buy this coin for Canadians.
How to Keep Your Optimism (OP) Safe
For short-term trading, keeping OP on NDAX or Kraken is fine—they’ve got solid security. Bitbuy won’t let you hold it independently (trade-only). For long-term holding (think snowy staking days!), transfer it to a secure crypto wallet from any full-support exchange. I’ve covered the best wallets for Canadians in another guide—check it out for my top picks. Quick tip: a hardware wallet like Ledger or a software one like Trust Wallet (with OP support) keeps it safe. Stash that seed phrase somewhere secure (not your phone!).
How to Sell Optimism (OP) in Canada
Ready to cash out? Selling OP is a snap:
- Move your OP back to your exchange wallet (if not on Bitbuy—trade it to BTC/ETH there first).
- On NDAX or Coinsquare, hit “Sell” and convert to CAD. Bitget or KuCoin? Swap OP to BTC/ETH, then CAD on Newton or NDAX.
- Withdraw via e-Transfer or wire. For the slickest cash-out tricks, watch my video for fees and timing tips!
Frequently Asked Questions (FAQs)
Can I buy OP in Canada?
Yes! NDAX, Coinbase, Bitget, Coinsquare, and more—11 exchanges—fully support OP. Bitbuy’s trade-only; Newton doesn’t list it.
Which exchange is best for buying OP in Canada?
NDAX or Coinsquare for CAD ease. Bitget’s low-fee but needs crypto first. Kraken’s a solid pick too.
Is buying OP a good investment?
OP’s scaling perks have potential, but crypto’s volatile—only risk what you’re okay losing.
Disclaimer: This article includes affiliate links. They help support OCryptoCanada, letting us keep delivering independent, no-nonsense content for you. No worries—these links don’t sway our rankings. Almost every exchange has a referral program anyway, so it’s just part of the crypto scene!
I hope this guide helps you grab OP in Canada with ease. Crypto’s a wild ride—do your research and stay savvy.
Happy trading!
