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)

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.

Step 2: Open Your Bitcoin Wallet

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

Step 3: Select "Send"

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

Step 4: Enter the Recipient's Address

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

Step 5: Enter the Amount

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

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.

Step 7: Review and Confirm

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

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.

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

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

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

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

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

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See also: Bitcoin Wallet Canada | How to Buy Bitcoin in Canada | Non-Custodial Bitcoin Canada

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