Skip to main content

How to Use 1Bitcoin Swap to Buy and Sell Bitcoin in Canada

Want to turn CAD into Bitcoin or Bitcoin into CAD? Here’s how to with just a few clicks using 1Bitcoin Swap.


1Bitcoin Swap allows you to convert:

  • Canadian Dollars (CAD) to Bitcoin (BTC)

  • Bitcoin (BTC) to Canadian Dollars (CAD)

directly from your 1Bitcoin.ca account.

No trading charts or advanced trading tools required.


💡 What Is 1Bitcoin Swap?

1Bitcoin Swap is the exchange feature inside your account that allows you to:

  • buy Bitcoin using Canadian dollars

  • sell Bitcoin for Canadian dollars

You review the rate before confirming the transaction.


🔁 How to Buy Bitcoin

1️⃣ Log Into Your Account

Sign into your 1Bitcoin.ca account and click:

  • Buy


2️⃣ Choose CAD → BTC

Select:

  • CAD → BTC

Then:

  • enter the amount of CAD you want to convert

  • enter your Bitcoin wallet address

Related article:


3️⃣ Review Your Transaction

Before confirming, review:

  • exchange rate

  • fees

  • Bitcoin amount you will receive

  • wallet address

Always double-check wallet addresses carefully before submitting your order.

Related article:


4️⃣ Confirm the Swap

Click:

  • Confirm Swap

Once processed:

  • Bitcoin will be sent directly to your wallet address

Processing times may vary depending on:

  • payment status

  • blockchain activity

  • verification reviews

Related article:


🔁 How to Sell Bitcoin

1️⃣ Choose BTC → CAD

Select:

  • BTC → CAD

Then choose the amount of Bitcoin you want to sell.


2️⃣ Send Bitcoin to Your Deposit Address

You will receive:

  • a unique Bitcoin deposit address

Send your Bitcoin to the address provided.

⚠️ Always verify the address carefully before sending Bitcoin.

Related article:


3️⃣ Wait for Blockchain Confirmation

Once your Bitcoin transaction receives:

  • its first blockchain confirmation

your Bitcoin will be processed at the current market rate.

Confirmation times can vary depending on:

  • network congestion

  • transaction fees

Related article:


4️⃣ Receive Your Canadian Dollars

After processing:

  • Canadian dollars will be sent via Interac e-Transfer

  • funds are sent to the email address registered on your account

Related article:


🕒 Processing Times

Most swaps are processed quickly.

Delays may occasionally happen because of:

  • blockchain congestion

  • banking reviews

  • large transaction reviews

  • payment processing times


💬 Need Help?

If you need assistance:

Did this answer your question?