How to Find a Trusted Bitcoin Platform in Canada
With Bitcoin scams at an all-time high, knowing how to verify a platform before you use it is essential.
Buy Bitcoin at a Trusted Platform →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
Buy Bitcoin at 1Bitcoin.ca — Verify Us →
FINTRAC M21226416 | Non-Custodial | Bitcoin-Only | 20,000+ Canadians | Since 2020
See also: Is Bitcoin Legal Canada | Bitcoin Scam Canada | Buy Bitcoin in Canada