1Bitcoin vs Coinsquare:
Honest Comparison for Canadians
Quick Comparison
| Feature | 1Bitcoin.ca | Coinsquare |
|---|---|---|
| Assets supported | Bitcoin only | 10+ cryptocurrencies |
| Custody model | Non-custodial | Custodial |
| Buy fee | 3.49% | 0.20% maker / 0.50% taker |
| Sell fee | 0.49% | 0.20% maker / 0.50% taker |
| Payment methods | Interac e-Transfer | Interac e-Transfer, bank wire |
| FINTRAC registered | ✅ M21226416 | ✅ |
| Regulatory history | Clean | OSC investigation history |
| Founded | 2020 | 2014 |
Regulatory History
Coinsquare settled with the Ontario Securities Commission (OSC) in 2020 regarding allegations of market manipulation.
This is public record and part of the platform's regulatory history.
1Bitcoin.ca maintains a clean regulatory history. We are FINTRAC-registered (M21226416) with no regulatory actions.
Custody: The Core Difference
1Bitcoin.ca
Bitcoin is delivered directly to your wallet immediately after purchase.
You control the private keys.
We never hold your Bitcoin.
Coinsquare
Coinsquare holds cryptocurrency on behalf of customers.
You do not control the private keys until assets are withdrawn.
Who Should Use Each?
Choose 1Bitcoin.ca If:
- Bitcoin self-custody matters to you
- A clean regulatory record is important
- You want a simple buying experience
- You prefer Bitcoin-only focus
- You want Bitcoin delivered directly to your wallet
Choose Coinsquare If:
- You want access to multiple cryptocurrencies
- You prefer lower trading fees on large orders
- You actively trade assets
- You are comfortable leaving funds on an exchange
The core philosophical difference: self-custody versus exchange custody. 1Bitcoin.ca is designed for long-term Bitcoin ownership, while Coinsquare is designed more broadly for cryptocurrency trading.
Buy Bitcoin at 1Bitcoin.ca (FINTRAC M21226416) →
FINTRAC Registered | Non-Custodial | Bitcoin-Only | 20,000+ Canadians | Since 2020
See also: 1Bitcoin.ca vs Bitbuy | 1Bitcoin.ca vs Newton | Best Bitcoin Exchange Canada | Buy Bitcoin in Canada
