Using Interac® Online can help you buy bitcoin quickly in Canada. The list below contains bitcoin exchanges and brokers that allow you to buy bitcoin with Interac e-Transfer.
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bitbuy is a Bitcoin exchange based in Canada. You can buy bitcoins, litecoin, ethereum and other coins with Interace e-Transfer or bank wire for as low as 0.1% fees. The exchange has good support available through its live chat, or via phone & email.
Netcoins is a Canadian exchange based in Vancouver. You can buy and sell Bitcoin, Ethereum, Litecoin and other major cryptocoins with Interac e-Transfer, online bill payment or wire.
They charge 0% on funding and FIAT withdrawal fees and .5% on trading. Customers receive support during business hours through live chat, email or phone call. Getting started and verified takes a couple of minutes.
New users will receive a $10 CAD bonus once they complete $100 in cumulative transactions.
CoinSmart is a Canadian exchange. It allows users to buy and sell Bitcoin and all major cryptocurrencies in Canada.
Customers can buy and sell bitcoin and ether using Interac e-Transfers, bank transfers, SWIFT, and credit/debit card. New users will receive $20 CAD in BTC once they deposit at least $100 CAD.
Satstreet is a Canadian OTC (over the counter) exchange servicing individuals and businesses looking to buy in large volumes of CAD $25K or higher.
Because you are buying Bitcoin in bulk, you will pay some of the lowest fees in Canada.
Coinberry is a Canadian exchange. It allows users to buy and sell Bitcoin, Ethereum, Litecoin and other coins in Canada.
Customers can buy and sell bitcoin and ether using Interac e-Transfers, bank transfers, SWIFT, and credit/debit card.
Coinsquare is Canada's largest crypto and Bitcoin exchange. It allows users to buy and sell Bitcoin, Ethereum, Litecoin and other coins in Canada.
Customers can buy and sell bitcoin and ether using Interac e-Transfers, bank transfers and SWIFT.
MyBTC.ca allows Canadians to buy between $50-$100,000 worth of bitcoin. ID for verification can be submitted online or done in-person at any Canada Post location nation-wide. Support available through live chat, SMS, phone or email.
MyBTC.ca payment options include the following:
eToro is a trading platform and crypto exchange. It supports Bitcoin, Ethereum, Litecoin, Zcash and many other coins.
Deposits can be made quickly via bank transfer, SEPA, NETELLER, PayPal and more. It also offers unique features like copy trading.
Your capital is at risk. We do not promote, endorse, or earn commissions from the trading of securities of any kind, including CFDs, however, eToro requires that we provide you with the following disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 62% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.
Interac e Transfer is an electronic payment platform that allows its users to send and recieve money via text or email, much like zelle or Venmo in the US.
Buying Bitcoin with Interac e Transfer is quite easy.
Interac works very similarly to Venmo or paypal. Most bank accounts include it automatically, so it easily allows you to send money to friends, family and businesses via an email addres or phone number. All the reciever has to do it connect either of these to their checking account. There are now Bitcoin exchanges, such as Bitbuy and Coinberry, that will let you use e transfer to buy on their platform.
As long as the exchange you are sending money to is safe, then yes, it is perfectly safe to use Interac to buy Bitcoin.
Etoro is an exchange that services both Canada and the Unites States and accepts Interac e Transfer. However, only canadian residents will have access to e Transfer, so there is no effective way for US residents to use e Transfer as a payment method for buying Bitcoin.