How Do I Withdraw My Bitcoin off 1Bitcoin.ca?

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Withdrawing your Bitcoin from 1Bitcoin.ca is simple, secure, and fully non-custodial.

Unlike traditional exchanges, 1Bitcoin.ca never holds your Bitcoin. Once your order is complete, your BTC is sent directly to the wallet you control. This guide walks you through exactly how withdrawals work, what to expect, and how to confirm your Bitcoin arrives safely.

This model is explained at a high level when Canadians learn how to Buy Bitcoin in Canada through a self-custodial brokerage rather than an exchange.


How Withdrawals Work on 1Bitcoin.ca

1Bitcoin.ca is a non-custodial platform.

That means:

  • You buy Bitcoin
  • You provide your wallet address
  • Bitcoin is sent directly to your wallet
  • 1Bitcoin.ca does not store your funds

This model aligns with Bitcoin’s core principle of self-custody, which is explained further in Bitcoin and the New Age of Self-Custody.


Step 1: Fund Your Account and Make a Purchase

To withdraw Bitcoin, you first need to complete a purchase.

Most users fund their account using Interac e-Transfer. If you haven’t done this yet, follow How to Fund Your 1Bitcoin.ca Account Using Interac e-Transfer.

Once funded, complete your purchase through 1Bitcoin Express.


Step 2: Enter Your Bitcoin Wallet Address

During checkout, you’ll be asked to enter a Bitcoin wallet address.

This address tells the Bitcoin network where to send your funds.

⚠️ Important:
Bitcoin transactions are irreversible. Always double-check your Bitcoin address before submitting your order.

If you’re unsure how receiving works, the guide How to Receive Bitcoin from a Friend walks through wallet readiness and confirmations.


Step 3: Wallet Options You Can Use

You can withdraw Bitcoin to many different wallet types, including:

  • Mobile wallets (hot wallets)
  • Desktop wallets
  • Hardware wallets (cold storage)

If you’re deciding between wallet types, the security trade-offs are especially important for long-term holders and organizations applying custody discipline similar to Corporate Treasury Bitcoin Canada strategies.


Step 4: Processing and Compliance Review

After you place your order:

  • Your payment is confirmed
  • A standard compliance review is completed
  • Your Bitcoin transaction is prepared

These checks help keep the platform safe and compliant, and are explained at a high level in the Bitcoin Resources Hub.

Most withdrawals are processed within a few hours during business hours.


Step 5: Bitcoin Is Sent to Your Wallet

Once processed, your Bitcoin is sent on-chain.

You’ll receive:

  • A confirmation email
  • A transaction ID (TXID) you can use to track your withdrawal

For larger withdrawals or situations requiring additional discretion or coordination, some Canadians choose structured execution through Bitcoin OTC Canada, which follows the same direct-to-wallet delivery model at higher volumes.

You can follow your transaction in real time using How to Track Bitcoin Transactions on the Blockchain.

If you want to independently confirm delivery, How to Verify a Bitcoin Transaction shows exactly what to look for.


Important Tips Before You Withdraw

  • Double-check your wallet address every time
  • Make sure your wallet is fully set up and synced
  • Never reuse someone else’s address without permission
  • Keep your recovery phrase secure

For best practices around sending accuracy, How to Send Bitcoin from 1Bitcoin is a helpful reference.


What Happens After Withdrawal?

Once your Bitcoin arrives:

  • It’s fully under your control
  • No one can freeze or reverse it
  • You’re responsible for securing it

To safely monitor your holdings without exposing keys, see How to Check Your Bitcoin Balance Safely.


Final Thought

Withdrawing Bitcoin from 1Bitcoin.ca isn’t just a step — it’s the moment ownership becomes real.

By sending Bitcoin directly to your wallet, 1Bitcoin.ca ensures you:

  • Control your funds
  • Avoid custodial risk
  • Participate in Bitcoin as it was designed

If you ever need help or want to continue learning, return to the 1Bitcoin.ca Homepage or explore the Bitcoin Resources Hub.

Your wallet.
Your keys.
Your Bitcoin.

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