A Simple, Non-Custodial Buying Process
Buying Bitcoin on 1Bitcoin.ca is designed to be secure, compliant, and non-custodial. Unlike exchanges, we never hold your Bitcoin or maintain a custodial balance on your behalf.
If you’re evaluating whether this approach is right for you, it may help to first review how we structure purchases when Canadians Buy Bitcoin in Canada through a direct-to-wallet brokerage model.
Step-by-Step: How Buying Works
Here’s the full process from start to finish:
- Create an account & complete verification
Identity verification is required under Canadian law for all Bitcoin purchases. - Fund your purchase with CAD
Send Canadian dollars via Interac e-Transfer or bank wire, using the instructions provided in your account. - Place a buy order
Once funds are received and compliance checks are complete, you can place your Bitcoin order. - Enter your wallet address
This is your own Bitcoin wallet — mobile, desktop, or hardware. - Direct delivery to you
Our operations team manually sends the Bitcoin to the wallet address you provided.
Most orders are fulfilled within a few hours. During periods of high volume or additional verification, delivery may take up to ~12 hours.
Important: What “Non-Custodial” Means Here
At no point does your Bitcoin sit with us.
- We do not hold BTC on your behalf
- We do not control your wallet
- We cannot freeze, reverse, or access your funds
Once Bitcoin is sent, it’s fully under your control. This model significantly reduces counterparty risk and aligns with Bitcoin’s core principle: ownership through self-custody.
For larger purchases where execution size or discretion matters, Canadians sometimes prefer structured execution via Bitcoin OTC Canada, which follows the same direct-delivery principle at higher volumes.
“What If I’m Buying for a Business or Long-Term Reserves?”
The buying process is the same, but planning often differs.
Businesses and organizations typically think about:
- Custody policy
- Internal controls
- Accounting and reporting
- Long-term capital preservation
That’s why some companies approach Bitcoin purchases through Corporate Treasury Bitcoin Canada frameworks designed for balance-sheet use rather than personal investing.
Common Questions
“How fast will I receive my Bitcoin?”
Most orders are delivered within a few hours once funded and approved.
“Can I buy to a hardware wallet?”
Yes. You can provide any valid Bitcoin wallet address you control.
“Do you ever store my Bitcoin?”
No. Bitcoin is delivered directly to you every time.
Final Takeaway
Buying Bitcoin on 1Bitcoin.ca is intentionally simple:
- CAD comes in
- Bitcoin goes out
- Straight to your wallet
No custodial balances.
No hidden steps.
No reliance on us after delivery.
If you’re holding Bitcoin with us, something has gone wrong — because we’re built so that you never do.
