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Article: Is 1Bitcoin.ca legitimate? Here's how to verify us.

Last updated: May 11, 2026

Yes — 1Bitcoin.ca is a registered and regulated Canadian Bitcoin exchange operating in compliance with Canadian financial regulations.

If you’d like to independently verify our legitimacy, here are the key facts and public resources you can check yourself.

FINTRAC Registration

1Bitcoin.ca is registered with FINTRAC (the Financial Transactions and Reports Analysis Centre of Canada) as a Money Services Business (MSB).

Registration Details

  • Business Name: 1Bitcoin.ca

  • FINTRAC Registration Number: M21226416

You can verify this directly through the official Government of Canada database:

Search for: 1Bitcoin

What FINTRAC Registration Means

Being registered with FINTRAC is not optional — it is a legal requirement for Canadian cryptocurrency businesses that exchange digital currency.

As a registered MSB, 1Bitcoin.ca is required to:

  • Verify the identity of customers

  • Maintain anti-money laundering (AML) compliance procedures

  • Report suspicious or large transactions to federal authorities

  • Undergo regulatory oversight and compliance reviews

A business cannot legally operate a Bitcoin exchange in Canada without this registration.

We Are Non-Custodial

1Bitcoin.ca is designed to be simple and secure.

When you purchase Bitcoin through our platform, the Bitcoin is sent directly to your personal Bitcoin wallet. We do not custody or hold your Bitcoin on your behalf after the transaction is completed.

This means you maintain control over your funds.

Established Canadian Bitcoin Platform

1Bitcoin.ca has been operating since 2020 and has served:

  • 20,000+ verified Canadian customers

  • Over $100M+ CAD in Bitcoin sold

Our focus has always been on providing Canadians with a straightforward and compliant way to buy Bitcoin.

How To Spot Fake “1Bitcoin.ca” Scams

Fraudsters sometimes impersonate cryptocurrency companies. Here are common warning signs that something is not associated with 1Bitcoin.ca:

  • Emails sent from domains other than @1bitcoin.ca

  • Claims that 1Bitcoin.ca is “holding” Bitcoin you never purchased or deposited

  • Requests to pay fees to “unlock,” “release,” or “verify” Bitcoin funds

1Bitcoin.ca will never ask you to send money to release funds that are supposedly frozen or pending.

Still Have Questions?

If you’re unsure whether a message, website, or communication is legitimate, contact us directly:

Our support team can help verify whether something is genuinely from 1Bitcoin.ca.

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