Most transactions on 1Bitcoin.ca are processed quickly, but timing can vary depending on verification requirements, banking activity, and Bitcoin network conditions.
📝 Account Verification
Many accounts are verified quickly, but some may require additional review.
Verification can take longer if documents are unclear, information does not match, or additional verification is required. Accounts selected for manual review may also take longer to approve.Related article:
💳 Interac e-Transfer Processing
Interac e-Transfers are credited automatically as they arrive, provided the sender includes the correct account details in the memo field of the transfer. Most Interac e-Transfers are processed within 30 minutes during business hours, but during periods of high transaction volume or compliance reviews, processing may take several hours.
Occasionally, processing may take longer due to bank security reviews, transfer limits, incorrect payment details, or increased banking activity during weekends and holidays.Compliance reviews may also contribute to delays, especially during periods of high transaction volume.
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₿ Bitcoin Transactions
Once a purchase is completed, Bitcoin is sent to your wallet and enters the Bitcoin network for confirmation.
The time required for Bitcoin to appear in your wallet depends on blockchain activity and confirmation times.
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⛓️ Blockchain Confirmations
Bitcoin transactions are confirmed by the Bitcoin network, not by 1Bitcoin.ca.
Confirmation times can vary depending on network congestion, transaction demand, and overall blockchain activity. Some transactions confirm within minutes, while others may take longer during busy periods.
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⏱️ Withdrawals
Bitcoin withdrawals are typically sent within 10–30 minutes and are processed 24/7.
CAD withdrawals are generally completed within 1 business day. Requests submitted after business hours, on weekends, or on holidays may take longer to process.CAD withdrawals are processed manually several times per day, typically during business hours. Depending on banking hours and transaction volume, it may take up to one full business day for the funds to reach your bank account.
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⚠️ Important Reminder
A delay does not usually mean there is a problem or that your Bitcoin is lost.
Many delays are caused by normal banking processes, verification reviews, or blockchain confirmations and are resolved automatically once processing is complete.
💬 Need Help?
If your transaction is taking significantly longer than expected, request a live agent through support or email [email protected] for assistance.