How to Open a Bitcoin Account in Canada

Opening a Bitcoin account in Canada takes about 10-15 minutes. Here's exactly what's required.
Open Your Bitcoin Account at 1Bitcoin.ca →

What You Need

Opening a Bitcoin account in Canada is straightforward, but Canadian regulations require identity verification.

Required Documents

  1. Government-issued photo ID — passport, driver's license, or provincial ID card
  2. Proof of address — utility bill, bank statement, or government document dated within the last 3 months
  3. Email address and Canadian phone number

Step-by-Step Process

Step 1: Visit 1Bitcoin.ca

Go to 1bitcoin.ca and click "Get Started"

Step 2: Create Your Account

  • Enter your email address
  • Create a secure password
  • Verify your email address

Step 3: Complete Identity Verification

Upload your identification documents and complete facial verification.

  • Upload government ID (front and back)
  • Take a live selfie verification
  • Upload proof of address

This verification is required by FINTRAC for all registered cryptocurrency exchanges operating in Canada.

Step 4: Account Approval

Most accounts are approved within minutes. Some applications may require manual review and take up to 24 hours.

Step 5: Fund Your Account

Send an Interac e-Transfer from your bank account, buy Bitcoin, and receive Bitcoin directly to your wallet.

Why Identity Verification Is Required

Canadian law requires FINTRAC-registered exchanges to verify customer identity.

Why This Protects You

  • Ensures only you can access your account
  • Creates records for tax reporting purposes
  • Helps prevent fraud and money laundering
  • Maintains compliance with Canadian financial regulations

Privacy and Data Protection

1Bitcoin.ca is FINTRAC-registered (M21226416) and subject to Canadian privacy law (PIPEDA).

Your information is stored securely and used only for compliance and regulatory requirements.

Important: Only use FINTRAC-registered Bitcoin platforms in Canada.

Registered exchanges follow Canadian compliance standards designed to protect customers and reduce fraud risk.

Open Your Free Bitcoin Account at 1Bitcoin.ca →

FINTRAC M21226416 | Non-Custodial | Bitcoin-Only | 20,000+ Canadians | Since 2020

See also: How to Buy Bitcoin Canada | Bitcoin e-Transfer Guide Canada | Is 1Bitcoin.ca Legitimate?