Skip to main content

How 1Bitcoin.ca Works

Learn how 1Bitcoin.ca operates as a Canadian non-custodial Bitcoin platform and what makes our service different.

1Bitcoin.ca is a Canadian Bitcoin brokerage that makes buying and selling Bitcoin simple, secure, and transparent. We focus exclusively on Bitcoin and operate as a non-custodial platform, meaning we don't hold your Bitcoin after your purchase has been completed.


🇨🇦 Built for Canadians

1Bitcoin.ca is designed specifically for Canadian customers.

Our platform supports convenient funding methods, including:

  • Interac e-Transfer

  • Bank Wire (Unavailable at the moment)

We also comply with applicable Canadian regulatory requirements, including identity verification and anti-money laundering obligations.


🔐 What Does Non-Custodial Mean?

Being non-custodial means your Bitcoin belongs to you—not us.

Once your Canadian dollar deposit has been received and processed, it is automatically used to purchase Bitcoin, which is then delivered directly to your verified Whitelisted Wallet.

We do not store your Bitcoin after your purchase has been completed.

Related article:


👛 You Control Your Bitcoin

Your Bitcoin is delivered directly to a wallet that you own and control.

This allows you to:

  • Maintain control of your Bitcoin.

  • Choose your preferred Bitcoin wallet.

  • Practice self-custody from the moment your purchase is complete.

To help protect your account, Bitcoin purchases can only be delivered to your verified Whitelisted Wallet.

Related article:


🛡️ Security & Compliance

Protecting our customers and complying with Canadian regulations are important parts of how we operate.

Depending on the transaction, we may require:

  • Identity verification.

  • Proof of residence.

  • Additional compliance reviews.

Security measures such as Two-Factor Authentication (2FA), email verification, and Whitelisted Wallets help protect customer accounts and reduce the risk of unauthorized transactions.


💰 Transparent Pricing

The exchange rate displayed before you complete your transaction already includes the applicable trading fee.

There are no hidden platform fees added during checkout, and you'll always have the opportunity to review your transaction before proceeding.

Related article:


₿ Bitcoin Only

Unlike many cryptocurrency platforms, 1Bitcoin.ca focuses exclusively on Bitcoin.

By specializing in one digital asset, we're able to provide:

  • A simpler customer experience.

  • Educational resources focused on Bitcoin.

  • Streamlined support.

  • A platform designed around self-custody and long-term Bitcoin ownership.

Related article:


💬 Need Help?

If you have questions about how 1Bitcoin.ca works or how to get started, our support team is happy to help.

Contact us through live chat or email [email protected].

Did this answer your question?