How to Convert Bitcoin to Canadian Dollars

Converting Bitcoin to CAD is simple at 1Bitcoin.ca. Here's exactly how to do it.

Step-by-Step: Convert Bitcoin to CAD

Step 1: Log Into Your Account
Access your 1Bitcoin.ca account.
Step 2: Navigate to Sell
Click "Sell Bitcoin" in your dashboard.
 Step 3: Enter the Amount
Enter either the BTC amount or the CAD amount you want to receive.
Step 4: Send Your Bitcoin
You'll receive a Bitcoin deposit address. Send your Bitcoin from your wallet to this address.
Step 5: Receive CAD via Interac e-Transfer
Once your Bitcoin is confirmed, we process the conversion and send CAD to your Canadian bank account via Interac e-Transfer. Typically arrives within 30-60 minutes during business hours.

Bitcoin to CAD Rate

The BTC/CAD exchange rate updates continuously based on market conditions. At 1Bitcoin.ca, you see the exact CAD amount you’ll receive before confirming — no hidden spreads.

To check the current Bitcoin price in CAD: visit 1bitcoin.ca or check CoinGecko.

Tax Implications

Converting Bitcoin to CAD is a taxable event in Canada. Capital gains tax applies on any gain above your adjusted cost base (what you originally paid).

Keep records of every conversion: date, BTC amount, CAD received.

Frequently Asked Questions

After Bitcoin confirmation (10-60 min), Interac e-Transfer arrives within 30-60 minutes during business hours.

A transparent conversion fee is shown before you confirm — no hidden charges.

Contact us for current minimums — set to ensure transactions are economically viable.

View All FAQs
Convert Bitcoin to CAD at 1Bitcoin.ca →

See also: How to Sell Bitcoin in Canada | Sell Bitcoin Interac e-Transfer Canada | Bitcoin Tax Canada

FINTRAC Registered MSB | Non-Custodial | Bitcoin-Only | 20,000+ Canadians Served | 4.8★ Google Reviews