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Buy Bitcoin in Canada — Your Complete 2026 Guide

1Bitcoin.ca is Canada's Bitcoin partner. Over 20,000 verified Canadians have bought more than $300 million in Bitcoin through us.

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$300M+ Bitcoin sold20,000+ Canadians served4.8 ★ Google ReviewsSince 2020 FINTRAC registered

The Fastest Way to Buy Bitcoin in Canada

Interac e-Transfer is the easiest and most popular method. Here’s how:

  1. Create account at 1bitcoin.ca — 2 minutes

  2. Verify identity — government ID + proof of address (FINTRAC required)

  3. Send Interac e-Transfer from your Canadian bank

  4. Receive Bitcoin — delivered directly to your wallet

Works with: TD, RBC, BMO, Scotiabank, CIBC, EQ Bank, Simplii, ATB, National Bank, credit unions, and all major Canadian banks.

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Why Canadians Choose 1Bitcoin.ca

  • Non-Custodial

    When you buy Bitcoin at 1Bitcoin.ca, it goes directly to your wallet. We never hold your Bitcoin. This eliminates platform risk — you own your Bitcoin, always.

  • FINTRAC Registered

    Registration number M21226416. We've been compliant with Canadian financial law since 2020. Every transaction is verified and compliant.

  • Bitcoin-Only

    We focus exclusively on Bitcoin. No altcoins, no distractions. Our team, products, and expertise are all Bitcoin-specific.

  • Canadian Company

    Built in Canada, for Canadians. Our team understands the Canadian banking system, regulatory environment, and time zones.

  • Proven Track Record

    • 20,000+ verified Canadian customers
    • $300M+ in Bitcoin sold
    • 4.8★ on Google Reviews
    • Operating since 2020

How to Buy Bitcoin in Canada — Step by Step

  1. Step 1: Create Your Account

    Visit 1bitcoin.ca and sign up with your email address. Takes 2 minutes.

  2. Step 2: Verify Your Identity

    Upload your government-issued ID (driver’s licence or passport) and a proof of address (bank statement or utility bill). Required by FINTRAC. Most verifications complete in minutes.

  3. Step 3: Send an Interac e-Transfer

    Log into your bank and send an Interac e-Transfer to the email address provided. Include the unique reference code in the message field.

  4. Step 4: Receive Your Bitcoin

    Once your e-Transfer is received (typically 15-60 minutes), Bitcoin is sent directly to your designated wallet address.

Buy Your First Bitcoin

How Much Does it Cost to Buy Bitcoin in Canada?

  • At 1Bitcoin.ca:

    • Buy fee: 3.49%
    • Sell fee: 0.49%
    • No hidden fees. The price you see is the price you pay.

  • Comparison:

    MethodTypical Fee
    1Bitcoin.ca3.49%
    Bitcoin ATMs8–15%
    Other exchanges0.5–2% + spread
    Lower fee exchanges typically hold your Bitcoin (custodial) — a significant tradeoff.

Bitcoin Tax in Canada

Every Bitcoin purchase creates a tax record. When you sell:

  • Capital gains tax applies (50% inclusion rate on profits)
  • Keep records of every purchase: date, CAD amount, BTC received

Buying Bitcoin is not a taxable event. Holding Bitcoin is not a taxable event. Selling or disposing is.

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Frequently Asked Questions

How do I know if 1Bitcoin.ca is legitimate?

We are registered with FINTRAC as Money Services Business M21226416. You can verify this on the FINTRAC website.

What's the minimum amount to buy?

$20 CAD.

How long does it take to receive Bitcoin?

After your e-Transfer is received (15-60 min), Bitcoin is sent immediately.

Do I need a Bitcoin wallet before buying?

Yes. You’ll need a Bitcoin receiving address. If you don’t have one, we can help — contact us at help@1bitcoin.ca.

Can I sell Bitcoin back to 1Bitcoin.ca?

Yes. Our sell fee is 0.49%. Funds are returned via Interac e-Transfer.

View All FAQs
  • FINTRAC Registered MSB
  • Non-Custodial
  • Bitcoin-Only
  • 20,000+ Canadians Served Since 2020
  • 4.8★ Google Reviews
Buy Bitcoin in Canada — Get StartedBuy Bitcoin in Canada