Buy Bitcoin with Interac e-Transfer in Canada
Buy Bitcoin the Same Day — Direct to Your Wallet
Why Interac e-Transfer?
- Instant deposits — Funds arrive in minutes, not days
- No extra fees — Pay what your bank charges (usually free)
- Familiar process — Same as sending money to a friend
- Secure — Bank-level encryption, no card numbers shared
How to Buy Bitcoin with Interac e-Transfer
Step 1: Create Your Account
Sign up at 1Bitcoin.ca in under 2 minutes. You'll need:- Email address- Canadian phone number- Government-issued IDStep 2: Complete Verification
Upload your ID and take a quick selfie. Most customers are verified within 24 hours — many within minutes.Step 3: Fund with Interac e-Transfer
1. Log into your online banking2. Go to Interac e-Transfer → Send Money3. Add 1Bitcoin.ca as a recipient using the details in your dashboard4. Send your desired amount ($30 minimum, up to your bank's daily limit)Step 4: Wait for Arrival
Most e-Transfers arrive within 30–60 minutes during business hours. Some banks process faster.Step 5: Buy Bitcoin
Once your funds appear in your account, enter the CAD amount, review your quote, and confirm. Bitcoin is sent to your wallet immediately.
Which Banks Support Interac e-Transfer in Canada?
All major Canadian banks support Interac e-Transfer:
– RBC Royal Bank
– TD Canada Trust
– Scotiabank
– BMO Bank of Montreal
– CIBC
– National Bank
– Desjardins
– ATB Financial
– Meridian Credit Union
– Most other Canadian banks and credit unions
Interac e-Transfer Limits
Most Canadian banks allow $2,000–$3,000 per e-Transfer by default. Many allow higher limits:
– Requesting a limit increase: Call the number on the back of your debit card and ask for a temporary or permanent Interac e-Transfer limit increase
– Multiple accounts: If you have multiple bank accounts, you can send separate e-Transfers from each
– For larger amounts ($10,000+): Consider a bank wire transfer — no daily limits
Security & Control
Built for users who want full control over their Bitcoin.
FINTRAC Registered
1Bitcoin.ca operates as a registered Money Services Business in Canada (FINTRAC #M21226416).
Non-Custodial by Design
Your Bitcoin is sent directly to your personal wallet.
You are in control from the moment the transaction is completed.
No Third-Party Holding
Your funds are not stored on a platform account—reducing exposure to exchange-related risks.
Why Not Use Other Methods?
| Method | Speed | Limits | Fees |
|---|---|---|---|
| Interac e-Transfer | 30–60 min | $2K–10K/day | None at 1Bitcoin.ca |
| Bank wire | 1–3 days | No limit | Bank fee: $15–30 |
| Bitcoin ATM | Instant | Varies | 8–15% fee |
For most Canadians: Interac e-Transfer is the best combination of speed, cost, and convenience.
Why Not Use Other Methods?
Built for users who want full control over their Bitcoin.
Credit Cards
- Often include higher fees
- May involve additional processing steps
Wire Transfers
- Can take 1–3 business days
- Subject to bank delays and cut-off times
Crypto Exchanges
- Require account funding first
- Bitcoin is held on the platform until withdrawn
- Additional steps to move funds into your own wallet
Frequently Asked Questions
How long does Interac e-Transfer take?
Most transfers arrive within 5-30 minutes. Some banks (especially credit unions) may take up to 1 hour.
Is there a fee for Interac e-Transfer?
1Bitcoin.ca doesn’t charge for Interac deposits. Your bank may charge $1-2 per transfer (many accounts include free transfers).
What's the minimum purchase?
$30 CAD minimum per transaction.
Can I use Interac e-Transfer to sell Bitcoin?
Yes! When you sell Bitcoin on 1Bitcoin.ca, we send your CAD via Interac e-Transfer within 24 hours.
Why 1Bitcoin.ca for Interac Purchases?
- FINTRAC-registered — Fully compliant Canadian MSB
- Non-custodial — Your Bitcoin goes to YOUR wallet
- Bitcoin-only — No altcoin distractions
- Canadian support — Real humans in your timezone
Ready to Buy Bitcoin with Interac?
1Bitcoin.ca is a FINTRAC-registered Money Services Business | Non-Custodial | Bitcoin-Only | 20,000+ Canadians Served Since 2020