1Bitcoin.ca is designed as a non-custodial Bitcoin platform.
This means Bitcoin purchases are automatically delivered to your personal whitelisted wallet address instead of being stored on the platform long-term.
For many users, this can feel like an “automatic withdrawal,” but it is actually part of how Auto-Buy and wallet delivery work together.
🔐 What Does Non-Custodial Mean?
Non-custodial means you control your own Bitcoin wallet and private keys.
Instead of holding Bitcoin balances directly on the platform, 1Bitcoin.ca sends purchased Bitcoin to your personal wallet address.
This helps users:
maintain control of their Bitcoin
use self-custody wallets
reduce reliance on third-party storage
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⚙️ How Auto-Buy Works
When Auto-Buy is enabled:
incoming CAD deposits automatically purchase Bitcoin
purchased Bitcoin is automatically sent to your default whitelisted wallet address
This creates a fast and streamlined buying experience without requiring a separate withdrawal step.
If Auto-Buy is disabled:
CAD deposits remain as CAD
Bitcoin is not automatically purchased or sent
Related article:
📬 Why Bitcoin Is Sent Automatically
Because 1Bitcoin.ca is designed around self-custody and whitelisted wallet delivery, Bitcoin purchases are normally sent directly to your wallet after processing.
This helps:
simplify the buying process
reduce manual withdrawal steps
improve wallet security through whitelisting
For many users, this means there is no separate “withdraw Bitcoin” action required after an Auto-Buy purchase.
🛡️ What Are Whitelisted Wallet Addresses?
Whitelisted wallet addresses are approved Bitcoin addresses connected to your account.
Bitcoin purchases can only be sent to approved wallet addresses added to your profile.
This helps reduce the risk of:
sending Bitcoin to the wrong address
unauthorized wallet changes
account compromise
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⚠️ Important Reminder
Bitcoin transactions are usually irreversible once sent.
Before enabling Auto-Buy or updating your wallet address:
verify the wallet address carefully
confirm you control the wallet
send a small test transaction first when possible
Related article:
💬 Need Help?
If you are unsure whether Auto-Buy is enabled or need help managing your wallet settings, request a live agent through support for assistance.