The FINTRAC Check
In Canada, all legitimate Bitcoin exchanges must register as Money Services Businesses (MSBs) with FINTRAC.
How to Verify
- Go to fintrac-canafe.gc.ca
- Search the MSB registry
- Enter the company name or registration number
1Bitcoin.ca registration:
M21226416 — verified 
If a platform is not in the FINTRAC registry, do not use it.
Red Flags That Signal a Scam
Platform not in FINTRAC registry- Promises of guaranteed returns
- Requires payment to "release" your funds
- Contacted you unsolicited about an "investment"
- No clear company name, address, or registration number
- Requests for remote access to your computer
- Pressure to act quickly
What a Legitimate Platform Looks Like
- FINTRAC registered with a public registration number
- Clear fee structure with no hidden charges
- Identity verification required by law
- Non-custodial delivery — Bitcoin goes to your wallet
- Canadian company with real contact information
1Bitcoin.ca Verification
- FINTRAC Registration: M21226416
- Founded: 2020, Toronto, Ontario, Canada
- Custody: Bitcoin delivered to your wallet — we never hold your Bitcoin
- Customers: 20,000+ verified Canadian customers
