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How to Send Bitcoin in Canada

Sending Bitcoin is one of the most powerful features of the network — you can send any amount to anyone in the world, in minutes, without a bank. Here's how.

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  • Before You Can Send Bitcoin

    You need to own Bitcoin first. Buy it at 1Bitcoin.ca — it will be delivered to your self-custody wallet where you can then send it.

How to Send Bitcoin (Step by Step)

  1. Step 1: Know the Recipient's Bitcoin Address

    The recipient must provide you with their Bitcoin wallet address. This is a string of letters and numbers (e.g., bc1qxy2k...). Some wallets also generate QR codes.

    Important: Bitcoin addresses are case-sensitive and must be entered exactly. Sending to a wrong address is irreversible.

  2. Step 2: Open Your Bitcoin Wallet

    Log into your software wallet (Muun, BlueWallet) or connect your hardware wallet (Coldcard, Trezor) to your computer.

  3. Step 3: Select "Send"

    In your wallet interface, find the "Send" or "Send Bitcoin" option.

  4. Step 4: Enter the Recipient's Address

    Paste (don't type) the recipient's Bitcoin address into the address field.

  5. Step 5: Enter the Amount

    Enter the amount in BTC or in CAD equivalent (most wallets support both).

  6. Step 6: Set the Network Fee

    Choose your transaction fee. Higher fees = faster confirmation. During low-traffic periods, minimal fees confirm in 10-30 minutes. During congestion, higher fees may be needed for fast confirmation.

  7. Step 7: Review and Confirm

    Double-check the address and amount. Once confirmed, the transaction is broadcast to the Bitcoin network.

  8. Step 8: Wait for Confirmation

    Your transaction needs to be confirmed by the Bitcoin network. Typically 10-30 minutes for 1 confirmation; 3 confirmations is generally considered fully settled.
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  • Sending Bitcoin to Another Country

    Bitcoin has no borders. Sending to someone in another country works identically to sending within Canada — enter their address, confirm the amount, broadcast the transaction.

    No bank approval, no wire transfer delays, no currency conversion required.

  • Tax Implications of Sending Bitcoin

    If you send Bitcoin as payment for goods or services, or as a gift, this may be considered a taxable disposition in Canada (capital gains). Keep records.

    Sending Bitcoin between your own wallets (e.g., from an exchange to your hardware wallet) is not a taxable event.

    Consult a Canadian tax professional for guidance.

Frequently Asked Questions

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Can I send Bitcoin from 1Bitcoin.ca directly to someone?

1Bitcoin.ca facilitates purchases — Bitcoin is delivered to your wallet. From your wallet, you can send to anyone.

Is there a minimum send amount?

Bitcoin has no minimum enforced by the protocol. However, very small amounts (“dust”) may not cover transaction fees.

What if I send to the wrong address?

Bitcoin transactions are irreversible. Always double-check the recipient’s address before confirming.

How much does it cost to send Bitcoin?

The network fee varies based on congestion. Typically a few dollars or less for standard transactions.

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