How 1Bitcoin Works

A straightforward, non-custodial way for Canadians to buy Bitcoin and receive it at a whitelisted address they control.

Create Your Account

Bitcoin-only · FINTRAC-registered · Direct to your wallet

A Canadian way to buy

Bitcoin-only
FINTRAC registered
Non-custodial
Your wallet, your keys

Before your first purchase

Create and verify your account: Create your 1Bitcoin account and complete the required identity verification. Your account information should match your current identification documents.
Prepare your receiving address: Set up a Bitcoin wallet you control, then add and verify its receiving address as a whitelisted Bitcoin address in your account.
Review the details first: Review the available funding methods, limits, timing, and fees before sending Canadian dollars. You can review the process before deciding to purchase.

Once verified, buying takes three steps

Whitelist your address
Add and verify a receiving address from a Bitcoin wallet you control.
Send your funds
Send Canadian dollars using the funding instructions provided in your account.
Receive your Bitcoin
Your Bitcoin is delivered to the active whitelisted address you selected.

What makes this model different

Bitcoin is delivered to a wallet you control
Bitcoin-only, without altcoins or trading noise
No separate Bitcoin withdrawal step after purchase
Canadian support when you need help
A FINTRAC-registered Canadian business

How it works FAQ:

Do I need to verify my identity?

Yes. Identity verification is required before using the service. Preparing current identification and accurate account details can help the review go smoothly.

Do I need my own Bitcoin wallet?

Yes. You need a Bitcoin wallet with a receiving address you control so your purchase can be delivered directly to you.

What is a whitelisted Bitcoin address?

Whitelisting means adding and verifying a trusted Bitcoin receiving address in your account. Purchases are delivered only to an active whitelisted address.

Does 1Bitcoin hold my Bitcoin?

1Bitcoin does not hold a Bitcoin balance for you after purchase. Bitcoin is delivered to the whitelisted address in a wallet you control.

Do I have to buy immediately after signing up?

No. You can create and verify your account, review the process, and ask questions before deciding whether to make a purchase.

Ready to get started?

Create your account, complete verification, and review the process at your own pace.