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vpnMentor was established in 2014 to review VPN services and cover privacy-related stories. Today, our team of hundreds of cybersecurity researchers, writers, and editors continues to help readers fight for their online freedom in partnership with Kape Technologies PLC, which also owns the following products: Holiday.com, ExpressVPN, CyberGhost, and Private Internet Access which may be ranked and reviewed on this website. The reviews published on vpnMentor are believed to be accurate as of the date of each article, and written according to our strict reviewing standards that prioritize professional and honest examination of the reviewer, taking into account the technical capabilities and qualities of the product together with its commercial value for users. The rankings and reviews we publish may also take into consideration the common ownership mentioned above, and affiliate commissions we earn for purchases through links on our website. We do not review all VPN providers and information is believed to be accurate as of the date of each article.
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vpnMentor was established in 2014 to review VPN services and cover privacy-related stories. Today, our team of hundreds of cybersecurity researchers, writers, and editors continues to help readers fight for their online freedom in partnership with Kape Technologies PLC, which also owns the following products: Holiday.com, ExpressVPN, CyberGhost, and Private Internet Access which may be ranked and reviewed on this website. The reviews published on vpnMentor are believed to be accurate as of the date of each article, and written according to our strict reviewing standards that prioritize professional and honest examination of the reviewer, taking into account the technical capabilities and qualities of the product together with its commercial value for users. The rankings and reviews we publish may also take into consideration the common ownership mentioned above, and affiliate commissions we earn for purchases through links on our website. We do not review all VPN providers and information is believed to be accurate as of the date of each article.

How to Use Binance in Canada Safely (Working in 2025)

Akash Deep Updated on 6th February 2025 Fact-checked by Emma Browne Cybersecurity Researcher

The world's largest cryptocurrency exchange, Binance, stopped operating in Canada in May 2023. This restriction has affected Canadian crypto investors and traders who need access to their accounts or want to use the platform for trading and investment.

Can you use Binance in Canada? Yes, a VPN makes it possible to access Binance securely from anywhere. A VPN masks your real IP address and assigns you a new one from the server you've chosen, making it appear as if you're accessing Binance from a location where it's available. This way, you can safely trade or withdraw crypto from your Binance account without restrictions.

My team and I tested 40+ VPNs with Binance, and ExpressVPN is my top choice. It offers strong security features, a large server network, and fast speeds for safe and smooth access to Binance. Plus, you can test it risk-free since it’s backed by a 30-day money-back guarantee. If you’re not satisfied with the service, it’s easy to get a full refund. Editor's 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 >>

How Can I Use Binance in Canada Safely?

  1. Download a VPN. ExpressVPN is my top recommendation because it offers strong security features and fast connections to keep your Binance account safe.
  2. Connect to a server. Pick a country where Binance operates, like Mexico, Poland, or Spain. Make sure to always connect to your VPN before using your account.
  3. Use Binance safely. You can now use all of Binance's features safely without issues.
Important! Binance has withdrawn from Canada due to the country’s stringent financial trading restrictions. While it’s possible to use a VPN to access the platform, completing the KYC verification isn’t possible with a Canadian ID. This limits your withdrawal limit to 0.06 BTC daily, and you can’t buy crypto with fiat currencies. Trading on the platform in Canada may violate the platform’s terms of use, which could put your account at risk. vpnMentor does not condone using a VPN to break any laws or regulations. 

Short on Time? Here Are the Best VPNs for Using Binance in Canada in 2025

  • Editor's Choice
    ExpressVPN
    ExpressVPN
    Strong security features and fast speeds for safe and smooth access to Binance in Canada.
    Checked out by 7000+ users last month
  • CyberGhost VPN
    CyberGhost
    NoSpy servers offer enhanced security to safely trade or invest on Binance from anywhere.
  • Private Internet Access
    Private Internet Access
    Customizable features to prioritize speed or security when using Binance in Canada.

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 a strict testing methodology.

How to Sign Up for and Use Binance in Canada — 2025 Guide

To use Binance in Canada, you'll need a VPN and either a new or existing Binance account. Follow these steps to set up everything securely. If you already have a Binance account, you can skip the account creation process.

1. Download and Install a VPN

ExpressVPN is my top recommendation because it provides the security and speed you need for trading and investing on Binance. Plus, its large server network ensures you have plenty of server locations to choose from.

Screenshot of ExpressVPN's crypto landing pageAll plans are backed by a trustworthy money-back guarantee

2. Connect to a VPN Server

Connect to a country where Binance isn't restricted, such as Mexico, Poland, or Spain. Choose a server close to your location for better speeds — Mexican servers work well for users in North America. Always connect to your VPN before visiting Binance to prevent IP leaks.

3. Create Your Binance Account

Visit Binance.com and click Sign Up in the top right corner. Enter your email to receive a verification code, then create a strong password for your account. You can skip the referral code step if you don't have one.

Screenshot of Binance homepage highlighting Sign Up sectionYou'll need to have an address outside of Canada to create an account with Binance

4. Verify Your Account

Binance has different verification levels that affect what you can do on the platform. Without verification, you can't trade or deposit funds, but you can withdraw up to 0.06 BTC daily if you have existing funds.

Basic verification requires providing some personal information like your full name, date of birth, and an ID card. This unlocks deposits and increases your withdrawal limit to 50,000 USDT daily. Advanced verification needs additional documents but offers higher limits.

Screenshot of Binance's account verification pageThe verification process on Binance takes around 7 minutes

5. Fund Your Account

Once verified, you have several ways to add funds. You can send crypto from another wallet to your Binance address or purchase it directly with a card. Just bear in mind that the payment methods you can use may be restricted depending on the location of your chosen VPN server.

Does Binance P2P work in Canada? Only if you use a VPN. Otherwise, you’ll have to use another Bitcoin P2P trading platform that works in Canada, like Newton or Kraken.

6. Use Binance Without Restrictions

Connect to your VPN before using Binance each time. You can now use all available features based on your verification level, whether you're trading, investing, or managing your crypto. Remember to check your withdrawal limits to plan your transactions accordingly.

Screenshot of Binance's spot trading pageBinance has thousands of trading pairs
Pro Tip: If the above screenshot looks intimidating to you, don’t worry! Binance caters more to advanced crypto traders, so it might not be the best option if you’re just getting into investing. Take a look at our guide to the best crypto exchanges for a few alternatives to Binance.

Editor's 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 Use Binance in Canada in 2025

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

Lowest Price Server Network Speeds Simultaneous Device Connections Refund Period
🥇ExpressVPN $4.99/month 3,000 servers in 105 countries Very fast 8 30 days
🥈CyberGhost $2.19/month 11,690 servers in 100 countries Fast 7 45 days
🥉Private Internet Access $2.19/month 29,650 servers in 91 countries Fast Unlimited 30 days

1. ExpressVPN — Fast Speeds and Strong Security for Smooth Binance Transactions

Editor's 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.

ExpressVPN combines fast speeds with strong security features to use Binance safely in Canada. During our tests, ExpressVPN showed a minimal speed loss, letting us execute trades quickly and stream market data without delays. The built-in obfuscation hides the fact you’re using a VPN and lets you use Binance even on restrictive networks without issues.

Your account activity stays protected with bank-grade AES 256-bit encryption and Perfect Forward Secrecy, which changes your encryption keys for each session. The Network Lock feature blocks all internet traffic if your VPN connection drops, preventing any data leaks. I tested servers in Mexico, Switzerland, Poland, and Italy — all provided stable connections to Binance without any issues.

ExpressVPN's only drawback is its higher price point. However, you can get 61% off with long-term plans, and it backs all subscriptions with a 30-day money-back guarantee. This means you can test it risk-free and get a full refund if you’re not satisfied.

ExpressVPN Offer February 2025: For a limited time only, you can get an ExpressVPN subscription for up to 61% off! Don't miss out!
ExpressVPN Pros, Cons, and Needed Improvements
  • One of the fastest VPNs
  • Works with top streaming sites
  • A proven no-logs policy
  • Limited customization
  • Smart Location isn't always the fastest

2. CyberGhost — NoSpy Servers for Extra Security While Using Binance

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

CyberGhost’s NoSpy servers offer extra privacy when using Binance in Canada. These are located in its privacy-friendly headquarters in Romania and are only accessible to the 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 refund 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.

February 2025 Deal: CyberGhost is currently offering 83% off its most popular plan! Take advantage of this offer now and save more on your CyberGhost subscription.
CyberGhost VPN Pros, Cons, and Needed Improvements
  • Secure access to streaming
  • Military-level security
  • Designed for ease of use
  • Slower long-distance servers
  • Doesn't work in China

3. Private Internet Access (PIA) — Customizable Features to Optimize Your Connection for Binance

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

PIA gives you complete control over your security settings when using Binance in Canada. You can switch between protocols depending on your needs — WireGuard for fast-paced trading or OpenVPN for maximum security. With OpenVPN, you can even adjust encryption levels between 128-bit and 256-bit. In our PIA tests, 128-bit delivered faster speeds.

PIA's US headquarters might concern some users due to data-sharing laws. However, its proven no-logs policy means your Binance activities stay private. At $2.19/month on long-term plans, it offers excellent value. You can test it risk-free with a 30-day money-back guarantee.

February 2025 Update: PIA doesn't usually have deals or discounts (it's already so affordable), but right now you can get a new subscription for a crazy 82% off!
Private Internet Access Pros, Cons, and Needed Improvements
  • Many servers to choose from
  • Customizable security settings
  • Solid choice for torrenting
  • Hit-or-miss customer support
  • Tricky to navigate

Our Methodology for Testing VPNs for Using Binance in Canada

Our testing focuses on what matters most for Binance users in Canada — reliable, safe access, and secure trading. We test each VPN's ability to work with Binance through multiple server locations and at different times. This helps identify VPNs that provide consistent performance and fast enough speeds for real-time trading without sudden disconnections.

Security is equally important when handling crypto transactions. We verify encryption standards, test for IP leaks that could expose your true location, and ensure security features like kill switches work correctly. Each VPN's privacy policy undergoes careful review to confirm your trading activity stays private. For a complete breakdown of our testing process, visit our VPN testing methodology page.

How Can I Withdraw Funds From Binance in Canada?

Withdrawing funds from Binance in Canada can be tricky due to account restrictions. You can either withdraw your crypto to a different wallet or exchange or convert it to fiat currency first. Here's how to safely withdraw your funds using either method.

Converting and Withdrawing to Fiat

  1. Connect your VPN. Start by connecting to your VPN and logging into your Binance account.
  2. Convert to a stablecoin. If you're holding volatile cryptocurrencies, consider converting them to a stablecoin like USDT first. This protects your funds from price fluctuations during the withdrawal process.
  3. Access P2P trading. Navigate to Binance's P2P section and select the cryptocurrency you want to sell. Choose CAD as your preferred fiat currency to find Canadian buyers.
  4. Select a seller. Look for sellers with high completion rates and good reviews. Check their payment methods and ensure they match your preferences. Newer accounts should stick to traders with at least 95% completion rates.
  5. Complete the transaction. Follow the trade instructions carefully. Only confirm the crypto release after you've received and verified the payment in your account. Keep all communication within Binance's P2P platform.

Withdrawing Crypto to Another Wallet

  1. Connect to your VPN. Before visiting Binance, connect to your VPN server in a supported country to ensure a stable connection throughout the withdrawal process.
  2. Access your Binance wallet. Log into your account, click the wallet icon at the top of the screen, and select Spot. Find the cryptocurrency you want to withdraw and click Withdraw.
  3. Choose your network. Binance supports multiple networks for most cryptocurrencies. Select the one that matches your receiving wallet (like SOL, BTC, or ERC20). Using the wrong network could result in lost funds, so verify this carefully.
  4. Enter withdrawal details. Add the receiving wallet address carefully and double-check it. Enter the amount you want to withdraw, keeping in mind the daily limit of 0.06 BTC for unverified accounts1.
  5. Confirm and complete. Review the network fees and withdrawal amount. Complete any required security verifications and confirm your withdrawal. The transaction appears in your withdrawal history right away, but the time until it reaches your wallet varies by network — Bitcoin transactions might take 30–60 minutes, while Solana and XRP transfers typically complete within minutes.

When moving your crypto to a new exchange or cold storage, check their supported tokens first. Binance supports 461 different coins2, but not all platforms support this many. In addition, any coins that trade on Binance aren't supported by hardware wallets (like Ledger and Trezor) or other exchanges, so verify compatibility before moving your funds.

If your tokens aren't supported at your destination, you'll need to convert them first. The safest approach is to convert these tokens to either a widely supported cryptocurrency, like Bitcoin or Ethereum, or to a popular stablecoin, like USDT or USDC. Make sure to verify the specific token standard (like ERC-20 or BEP-20) that your new wallet or exchange supports before making the conversion.

Privacy is important while handling sensitive data, such as financial information, your location, and login credentials. The most reputable VPNs offer apps for all Binance-compatible devices, so it’s easy to safeguard your connection. Check out some additional resources for keeping your most personal data safe in Canada:

  • Best VPNs for Canada — these are our top picks for safety, speeds, and streaming in Canada.
  • Best No-Logs VPNs — a VPN with a trusty no-logs policy is essential for privacy protection in Canada.
  • Best VPNs for Android — we hand-picked our favorite VPN apps for keeping your Android trading activities secure.
  • Best VPNs for iOS — these VPNs are best for ensuring privacy protection on your mobile Apple devices while using Binance on the go.
  • Best VPNs for Windows — our top-rated VPNs for keeping your personal data safe if you’re trading on a PC.

Why You Need a VPN to Use Binance in Canada

Is Binance banned in Canada? No, but it withdrew from trading in the country in May 2023. If you try to access Binance from Canada now, you'll see this error message:

“Dear users, As per our Terms of Use and in compliance with local regulations, we are not able to provide our services to you in your region.”

Screenshot of the error message for Canadian usersBinance's services are restricted for users in Canada

A VPN offers an easy solution for using your Binance account in Canada. It works by rerouting your internet connection through servers in different countries where Binance is available. When you connect to a VPN server in a supported country, you receive an IP address from that location. This makes it appear as if you're using Binance from a country where the platform operates.

According to Immunefi, 98.5% of all cryptocurrency losses were due to hacks or exploits in 2024, representing a 155% increase from the previous year3. A VPN helps to keep your Binance account secure from hackers by protecting your data with military-grade encryption. This shields your trading activity, wallet information, and personal data from hackers and other malicious actors who might try to intercept your connection.

How to Fix My VPN if It's Not Working With Binance in Canada?

If you're having trouble using Binance with your VPN, don't worry. Here are several troubleshooting steps that can help restore your access quickly and securely.

  • Switch VPN servers. Try connecting to different servers in Binance-supported countries. Some servers provide better connections than others.
  • Restart your VPN. A simple restart of your VPN app can resolve many connection issues. Close the app completely, clear your browser cache if needed, and try connecting again.
  • Check your VPN protocol. Switch between available protocols like Lightway, OpenVPN, or WireGuard if you're still having issues.
  • Enable obfuscation. Some users have reported that Binance can detect VPN connections. If your VPN has obfuscation features, enabling them can help prevent detection.
  • Verify Binance's status. Connection problems might be due to Binance maintenance or technical issues. Check their official status page or social media channels for any announcements.
  • Review account restrictions. Does Binance require KYC? Yes. That’s why it’s important to double-check your account's verification level on Binance. Certain features might be restricted based on your verification tier, regardless of your VPN connection.

If these steps don't solve your issue, contact your VPN's support team for specific server recommendations. Avoid mentioning VPN use when contacting Binance support, as this could affect your account status.

FAQs on Using Binance in Canada

Is using Binance with a VPN legal in Canada?

Using a VPN to access Binance isn't illegal, but it does go against the platform's Terms of Service. The platform stopped operating in Canada in May 2023, when it withdrew from the market due to regulatory requirements.

If you choose to access Binance, be aware of significant limitations. Without completing identity verification (which requires ID from a supported country), your account will be restricted to a daily withdrawal limit of 0.06 BTC. You won't be able to deposit or buy crypto with fiat currencies, and you'll have limited access to trading features.

Are there any Binance alternatives available in Canada?

Several regulated cryptocurrency exchanges operate legally in Canada. Major alternatives include Newton, Crypto.com, Kraken, NDAX, and Bitbuy. These platforms are registered with Canadian regulators and support direct CAD deposits. Plus, you can access them directly, unlike Binance, which requires you to use a VPN.

Some of these exchanges might offer fewer trading pairs than Binance, but they provide compliant trading options for Canadian users. You can deposit and withdraw funds directly through Canadian payment methods like e-transfers and wire transfers.

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?

Many users regularly access their verified Binance accounts with a VPN for added security, and we haven't heard of issues arising from this common practice. However, Binance's terms of service don't officially support using VPNs to bypass restrictions, and it may apply account limitations if VPN use is detected.

To avoid any potential issues with your Binance account, it's worth reviewing its terms of service and understanding possible account restrictions.

What countries can you access Binance from?

You can access the full version of Binance from 40+ countries around the world. Unfortunately, due to regulatory issues, there are many countries where this version of 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.us, however, is currently available in the US. This is a stripped-back version of the platform that was designed to comply with US cryptocurrency trading regulations.

Binance.com is currently available in:

Afghanistan Argentina Australia Bangladesh Brazil
Bulgaria Cambodia Chile Colombia Czech Republic
Egypt France Greece Hungary India - English
India - Hindi Indonesia Israel Italy Japan
Kazakhstan Latvia Mongolia Myanmar New Zealand
Nigeria Pakistan Peru Philippines Poland
Portugal Romania Russia Saudi Arabia Slovakia - Slovak
Slovenia - Slovenian South Africa Spain Switzerland Taiwan
Turkey Ukraine - Russian Ukraine - Ukrainian United Arab Emirates Vietnam

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

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 a strict testing methodology.

Rank
Provider
Our Score
Discount
Visit Website
1
medal
9.9 /10
9.9 Our Score
Save 61%!
2
9.7 /10
9.7 Our Score
Save 83%!
3
9.5 /10
9.5 Our Score
Save 82%!

References

  1. https://www.binance.com/en/square/post/9098977211289/
  2. https://coinmarketcap.com/rankings/exchanges/
  3. https://downloads.ctfassets.net/t3wqy70tc3bv/25QlpTkJpMp7GrMm8w8FAU/6b646726535fc1def965ae12fee6a9a0/Immunefi_Crypto_Losses_in_Q2_2024.pdf/
Privacy Alert!

Your data is exposed to the websites you visit!

Your IP Address:

18.218.33.17

Your Location:

US, Ohio, Columbus

Your Internet Provider:

The information above can be used to track you, target you for ads, and monitor what you do online.

VPNs can help you hide this information from websites so that you are protected at all times. We recommend ExpressVPN — the #1 VPN out of over 350 providers we've tested. It has military-grade encryption and privacy features that will ensure your digital security, plus — it's currently offering 61% off.

Visit ExpressVPN

We review vendors based on rigorous testing and research but also take into account your feedback and our affiliate commission with providers. Some providers are owned by our parent company.
Learn more
vpnMentor was established in 2014 to review VPN services and cover privacy-related stories. Today, our team of hundreds of cybersecurity researchers, writers, and editors continues to help readers fight for their online freedom in partnership with Kape Technologies PLC, which also owns the following products: Holiday.com, ExpressVPN, CyberGhost, and Private Internet Access which may be ranked and reviewed on this website. The reviews published on vpnMentor are believed to be accurate as of the date of each article, and written according to our strict reviewing standards that prioritize professional and honest examination of the reviewer, taking into account the technical capabilities and qualities of the product together with its commercial value for users. The rankings and reviews we publish may also take into consideration the common ownership mentioned above, and affiliate commissions we earn for purchases through links on our website. We do not review all VPN providers and information is believed to be accurate as of the date of each article.

About the Author

Akash is a writer at vpnMentor dedicated to providing readers with unbiased and expert advice on online security and privacy. He specializes in analyzing the latest cybersecurity trends and providing up-to-date information to help readers make informed decisions.

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Comments (1)
Clair
20 Jul 2024
20 Jul 2024

Why is Coinbase allowing people to sell worthless crypto currencies?