Buy Bitcoin in Canada — Your Complete 2026 Guide
1Bitcoin.ca is Canada's Bitcoin partner. Over 20,000 verified Canadians have bought more than $100 million in Bitcoin through us.
Buy Your First Bitcoin →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.
Why Canadians Choose 1Bitcoin.ca
How to Buy Bitcoin in Canada — Step by Step
Step 1: Create Your Account
Visit 1bitcoin.ca and sign up with your email address. Takes 2 minutes.
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.
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.
Step 4: Receive Your Bitcoin
Once your e-Transfer is received (typically 15-60 minutes), Bitcoin is sent directly to your designated wallet address.
How Much Does it Cost to Buy Bitcoin in Canada?
- Sell fee: 0.49%
- No hidden fees. The price you see is the price you pay.
| Method | Typical Fee |
|---|---|
| 1Bitcoin.ca | 3.49% |
| Bitcoin ATMs | 8–15% |
| Other exchanges | 0.5–2% + spread |
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 receivedBuying Bitcoin is not a taxable event. Holding Bitcoin is not a taxable event. Selling or disposing is.
Buy Bitcoin Across Canada
– Buy Bitcoin in Toronto
– Buy Bitcoin in Vancouver
– Buy Bitcoin in Calgary
– Buy Bitcoin in Edmonton
– Buy Bitcoin in Ottawa
– Buy Bitcoin in Winnipeg
– Buy Bitcoin in Hamilton
– Buy Bitcoin in Mississauga
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.
Related guides: Bitcoin Tax Canada | How to Store Bitcoin Canada | Bitcoin for Beginners Canada | Bitcoin ETF Canada
FINTRAC Registered MSB | Non-Custodial | Bitcoin-Only | 20,000+ Canadians Served Since 2020 | 4.8★ Google Reviews
