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How to Withdraw Canadian Dollars (CAD)

Learn how Canadian dollar withdrawals work after selling Bitcoin on 1Bitcoin.ca.


🔁 How CAD Withdrawals Work

Canadian dollar withdrawals are available only after you've sold Bitcoin.

Once your Bitcoin sale has received the required blockchain confirmations and has been processed, your Canadian dollar withdrawal is prepared for payout.

⚠️ Canadian dollar deposits cannot be withdrawn as cash.

Funds deposited to 1Bitcoin.ca are accepted solely for the purpose of purchasing Bitcoin and are automatically applied toward a Bitcoin purchase once received and processed.


🪜 What You’ll Need

To receive a CAD withdrawal, you must have:

  • A Canadian bank account that matches the legal name on your 1Bitcoin.ca account

  • a verified 1Bitcoin.ca account

  • a completed Bitcoin sale

Your banking information must match:

  • the legal name on your 1Bitcoin.ca account

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⏱️ Processing Times

Canadian dollar withdrawals are sent by Interac e-Transfer.

Most withdrawals are processed within 1 business day.

Depending on banking hours, weekends, holidays, or transaction volume, processing may take up to 2 business days.

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💰 Fees & Limits

Canadian dollar withdrawals include:

  • $5.00 CAD withdrawal fee

Withdrawal limits:

  • Minimum: $20.00 CAD

  • Maximum: $25,000 CAD per day

  • Maximum: $100,000 CAD per week (subject to verification level)

Additional verification may be required for larger transactions.

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💡 Before You Sell Bitcoin

Before completing your Bitcoin sale:

  • Confirm your account information is up to date.

  • Ensure your legal name matches your banking information.

  • Complete any required verification requests promptly.

Keeping your account information current can help avoid processing delays.

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💬 Need Help?

If your Canadian dollar withdrawal has been pending for more than 2 business days, please contact our support team through live chat or email [email protected].

Please include:

  • Your account email address.

  • Your Bitcoin sale transaction details.

  • The withdrawal amount.

Our team will be happy to review your transaction.

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