1Bitcoin.ca Review 2026 — Honest Assessment
Is 1Bitcoin.ca Legitimate?
Yes — 1Bitcoin.ca is a legitimate Canadian Bitcoin platform.
Here are the key verifiable facts:
- FINTRAC Registration: M21226416
- Founded: 2020 in Toronto, Canada
- Volume: $100M+ in Bitcoin sold to Canadians
- Customers: 20,000+ verified accounts
- Bitcoin-only: No altcoins, no tokens, no unnecessary complexity
How 1Bitcoin.ca Works
1. Create an Account
Open an account and complete identity verification as required by FINTRAC regulations.
2. Send Interac e-Transfer
Fund your purchase directly from your Canadian bank account.
3. Buy Bitcoin
Bitcoin is sent directly to your personal wallet address.
4. Sell Bitcoin
Send Bitcoin to 1Bitcoin.ca and receive CAD via Interac e-Transfer.
1Bitcoin.ca is non-custodial. Your Bitcoin goes directly to your wallet — we do not hold your Bitcoin for you.
Fees
| Transaction | Fee |
|---|---|
| Buy Bitcoin | 3.49% flat |
| Sell Bitcoin | 0.49% flat |
| Withdrawals | Free |
| Account fees | $0 |
No hidden spreads. No surprise withdrawal fees. No account maintenance charges.
What Customers Say
"Fast and reliable. I've been using 1Bitcoin.ca for three years. My Bitcoin goes straight to my cold wallet — no waiting, no withdrawal hassle."
"The sell fee (0.49%) is the best I've found in Canada. I use them whenever I want to convert Bitcoin to CAD."
"Trust is everything with Bitcoin. Knowing they're FINTRAC-registered and non-custodial gives me peace of mind."
What 1Bitcoin.ca Does Not Offer
- Altcoins or crypto tokens
- RRSP or TFSA investment accounts
- Bitcoin ETFs
- Automated recurring purchases
- Margin trading or leverage
1Bitcoin.ca is intentionally Bitcoin-only.
If you want exposure to altcoins, leveraged trading, or speculative crypto products, another platform may be a better fit.
Who 1Bitcoin.ca Is Best For
1Bitcoin.ca is designed for Canadians who:
- Want to buy actual Bitcoin
- Prefer self-custody
- Value simplicity
- Use Interac e-Transfer
- Plan to hold Bitcoin long term
The core philosophy: Buy Bitcoin, hold your own keys, and remove unnecessary counterparty risk.
FINTRAC M21226416 | Non-Custodial | Bitcoin-Only | 20,000+ Canadians | Since 2020
See also: Best Bitcoin Exchange Canada | 1Bitcoin.ca vs Bitbuy | Buy Bitcoin in Canada
