VirgoCX review

- Fiat currencies
- 2
- Supported assets
- 45
Our verdict
Buy and sell popular crypto assets with flexible deposit methods and free withdrawals.
VirgoCX is an attractive non-custodial exchange for crypto newbies, seasoned traders and institutional investors. Anyone can benefit from the platform's intuitive, easy-to-use UI and broad range of free deposit and withdrawal options.
Institutional investors who trade large volumes of digital assets ($50,000+ CAD) can enjoy 24/7 liquidity with VirgoCX's OTC desk and personalise service via chat brokers.
If you're looking for flexible, low-cost deposits and access to lots of trading features, VirgoCX might be a good fit for you.
Pros
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Supports 40+ cryptos
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Flexible deposit methods
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Tiered rewards program with spread discounts
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Supports recurring buys
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Buy retail gift cards with crypto and earn cash back
Cons
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Requires your own wallet (no custodial wallets available)
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Percentage fees for debit & credit card deposits
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Min. $3,000 for wire withdrawals
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No staking
Details
Product details
Product Name | VirgoCX |
Fiat Currencies | CAD, USD |
Cryptocurrencies | USDC, BTC, ETH, LTC, SOL, DOGE & 39 more |
Deposit Methods |
Credit card Cryptocurrency Debit card Interac e-Transfer Wire transfer Online Bill Payments |
Trading Fee |
Maker: N/A Taker: N/A |
Deposit Fees |
Interac e-Transfer: $0 Wire transfer: $0 Bill payment: $0 Debit card: 2.99%-5.99% Credit card: 3.99%-6.99% Crypto: variable (plus network fees) |
Withdrawal Fees |
Interac e-Transfer: $0 Wire transfer: $0 Crypto: variable (plus network fees) |
About VirgoCX — company background
Founded in 2018, VirgoCX is a Toronto-based cryptocurrency exchange that supports buying and selling over 40 digital assets. The company is backed by nine investors and raised $11.1 million CAD in a 2023 round of funding. In April 2025, VirgoCX announced it would cease operating as a custodial service, and customers would need non-custodial wallets to continue using the platform.
Listed VirgoCX crypto exchange assets
VirgoCX supports over 45 cryptocurrencies, but some notable assets are missing. Namely, Tether, BNB and TRON, which are in the top 20 cryptos by market cap. In total, 13 of the top 20 cryptos are available on VirgoCX.
Popular assets on VirgoCXVirgoCX fees
VirgoCX charges a variable (plus network fees) fee for crypto deposits, 3.99%-6.99% fee for credit card deposits and a 2.99%-5.99% fee for debit card deposits. Bill payment, wire transfer and interac e-transfer deposits are free for folks in Canada.
Deposit & withdrawals fees
Transaction type | Fee |
---|---|
Deposit funds | Interac e-Transfer: $0 Wire transfer: $0 Bill payment: $0 Debit card: 2.99%-5.99% Credit card: 3.99%-6.99% Crypto: variable (plus network fees) |
Withdraw funds | Interac e-Transfer: $0 Wire transfer: $0 Crypto: variable (plus network fees) |
Type | Fee |
---|---|
Spread | 0.95%-1.6% |
Spread fee explained. A spread is the difference between the purchasing price and sale price of an asset and can be thought of as a markup. A spread fee is usually only apply to instant purchases and not the spot market. If a platform advertises zero fee trading then beware that they may charge a spread instead.
VirgoCX deposit methods
- Credit card
- Cryptocurrency
- Debit card
- Interac e-Transfer
- Wire transfer
- Online Bill Payments
How to sign up on VirgoCX exchange
Before you can even get started trading on VirgoCX, you have to go through the rigorous verification process (which usually involves providing proof of identification). This can take time. The reason for this is VirgoCX's commitment to certifications and compliance with regulations and insurers.
- Get started
After selecting the Get Started button, fill in the create account form. - Set up payment
Before you can start trading, you have to add your bank account to your VirgoCX account. There are several options to choose from, so choose the option most compatible. - Provide identification
Before you can make withdrawals and increase your transaction limits, you must submit proof of address and some additional identification. Use either a passport or a driver's license for this. - Start trading
After all that is processed, you're ready to trade on VirgoCX.
Is VirgoCX safe?
VirgoCX is registered with FINTRAC (Financial Transactions and Reports Analysis Centre of Canada) and AUSTRAC (Australian Transaction Reports and Analysis Centre). It's compliant with PIPEDA (Personal Information Protection and Electronic Documents Act) in Canada.
Past hacks
As of the time of writing, VirgoCX has never been hacked.
Audits
VirgoCX has also been audited by accredited accountants. In December 2020, it underwent (and successfully passed) a financial audit by DW LLP, a chartered professional accounting firm based in Ontario. The exchange also completed a reserve audit by Huayan CPA Professional Corporation and an AML audit by MNP LLP.
Custody
In 2025, VirgoCX announced it would cease providing custodial services in Canada and Australia. All customers must have a self-managed (non-custodial) wallet to buy and sell on the platform. As such, VirgoCX does not hold or insure and crypto assets on behalf of customers.
Keeping your crypto secure
All centralized exchanges, including VirgoCX, are vulnerable to counterparty risks like hacking, theft and insolvency. Using a self-custodial or hardware wallet is widely accepted as the best way to improve the security of your funds. We've shared some of our top picks below.
Ledger Nano X Wallet |
Trezor Model T Wallet |
SafePal S1 Wallet |
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Supported assets 5,500+ |
Supported assets 1,000+ |
Supported assets 30,000+ |
Price (USD) $149 |
Price (USD) $129 |
Price (USD) $49.99 |
See more of the best crypto wallets
VirgoCX customer support
VirgoCX has a few different customer service options that you can take advantage of.
The first option is to go through the automated support bot system. The support bot generates responses based on frequently asked questions and is located to the bottom right of the web browser version of the exchange.
If you still have questions, you can try live chatting with customer support or submitting requests via an online contact form.
How to reach VirgoCX customer support
- Contact form
- FAQ page
- Help center articles
- Live chat
Alternatives to VirgoCX
Finder Score for crypto exchanges
To make comparing even easier we came up with the Finder Score. Supported coins, account fees and features across 28 cryptocurrency trading platforms are all weighted and scaled to produce a score out of 10. The higher the score the better the exchange - simple.