Funding your account with Bitcoin is the quickest and easiest way to load funds onto your 1Bitcoin Account. We do not support third-party deposits though, so please ensure any funds you are loading onto the platform are coming from yourself.
Step One: Start the Deposit
Navigate to your 1Bitcoin Dashboard and select the "Deposit" button, highlighted below.
Step Two: Pick Bitcoin
Select "Bitcoin" as the currency you wish to deposit.
Step Three: Send to address
Here you will find your deposit address and QR code. Please ensure you are only sending Bitcoin to this address, as any other cryptocurrency sent to this address will be lost.
Step Four: Confirming Your Bitcoin Deposit
After sending your Bitcoin to the deposit address provided, your transaction must receive one (1) confirmation on the blockchain before it is automatically credited to your account, converted into Canadian dollars, and withdrawn to your bank account.
Important Note:
1Bitcoin.ca is a non-custodial platform. We do not hold funds on behalf of clients. Once your Bitcoin deposit receives its first confirmation, it will immediately sell into Canadian dollars and be processed for withdrawal.
Transaction Times
The time required for confirmation can vary. It typically takes up to 30 minutes, depending on:
The miner fee you selected when making the deposit.
Current network activity on the Bitcoin blockchain.
If you have any questions or need further assistance, feel free to contact our support team.