Buy Bitcoin with Interac e-Transfer

Using InteracĀ® 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.

We may receive advertising compensation when you click certain products. Before jumping into this page, an important disclosure.

bitbuybitbuy Buy Bitcoin

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.

We may receive compensation when you use bitbuy. Please visit bitbuy for its exact pricing terms.

Pros
  • Fast way to buy bitcoins
  • Very high buy and sell limits
  • Can handle large buys through OTC desk
  • Easy to use mobile app
Cons
  • No longer supports Flexepin
Ease of Use
Easy
Privacy
Low
Speed
Fast
Fees
Average
Reputation
Trusted
Limits
High
Buy Bitcoin

NetcoinsNetcoins Buy Bitcoin

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.

We may receive compensation when you use Netcoins. Please visit Netcoins for its exact pricing terms.

Pros
  • Deep liquidity with no slippage
  • Instant withdrawals
  • Fully audited
  • Fast verification
  • Great customer support
  • Regulated and compliant MSB under FINTRAC
Cons
  • No mobile app yet
Ease of Use
Average
Privacy
Low
Speed
Fast
Fees
Low
Reputation
Trusted
Limits
High
Buy Bitcoin

CoinSmartCoinSmart Buy Bitcoin

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.

We may receive compensation when you use CoinSmart. Please visit CoinSmart for its exact pricing terms.

Pros
  • Many payment methods accepted
  • Many coins offered
  • Fast verification
Cons
  • Somewhat new company
Ease of Use
Average
Privacy
Low
Speed
Fast
Fees
Low
Reputation
Trusted
Limits
High
Buy Bitcoin

SatstreetSatstreet Buy Bitcoin

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.

We may receive compensation when you use Satstreet. Please visit Satstreet for its exact pricing terms.

Pros
  • Some of the lowest fees in Canada
  • lots of liquidity
  • Great customer service
  • Regulated and compliant MSB under FINTRAC
Cons
  • Must buy at least CAD $25k of Bitcoin
Ease of Use
Average
Privacy
Low
Speed
Fast
Fees
Low
Reputation
Trusted
Limits
High
Buy Bitcoin

CoinberryCoinberry Buy Bitcoin Read Review

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.

We may receive compensation when you use Coinberry. Please visit Coinberry for its exact pricing terms.

Pros
  • Many payment methods accepted
  • Many coins offered
  • Fast verification
Cons
  • Somewhat new company
Ease of Use
Average
Privacy
Low
Speed
Fast
Fees
Low
Reputation
Trusted
Limits
High
Buy Bitcoin Read Review

CoinsquareCoinsquare Buy Bitcoin

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.

We may receive compensation when you use Coinsquare. Please visit Coinsquare for its exact pricing terms.

Pros
  • Many payment methods accepted
  • Many coins offered
  • Fast verification
Cons
  • Orderbook may be confusing for new buyers
Ease of Use
Average
Privacy
Low
Speed
Fast
Fees
Low
Reputation
Trusted
Limits
High
Buy Bitcoin

MyBTC.caMyBTC.ca Buy Bitcoin

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:

  • Interac e-Transfer
  • Bank Wire
  • Cash or Debit
  • Flexepin Voucher

We may receive compensation when you use MyBTC.ca. Please visit MyBTC.ca for its exact pricing terms.

Pros
  • Easy way to buy bitcoins in Canada
  • Numerous payment methods accepted
Cons
  • High fees
  • Requires ID
Ease of Use
Average
Privacy
Low
Speed
Fast
Fees
Low
Reputation
Trusted
Limits
High
Buy Bitcoin

eToroeToro Buy Bitcoin Read Review

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.

We may receive compensation when you use eToro. Please visit eToro for its exact pricing terms.

Pros
  • Offers unique copy trading feature
  • Trusted echange that has been active in traditional finance
  • Interface is clean and easy to use
Cons
  • You cannot deposit cryptocurrency, but you can deposit with other payment methods
Ease of Use
Easy
Privacy
Low
Speed
Average
Fees
Low
Reputation
Trusted
Limits
High
Buy Bitcoin Read Review

FAQ

What is Interac e Transfer?

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.

How do I buy Bitcoin with Interac e Transfer?

Buying Bitcoin with Interac e Transfer is quite easy.

1. Find an exchange that will acccept Interac e transfer as a payment method. We have done that part for you on this page, so you'll just need to pick one.


2. Open an account on one of the exchanges supporting Interac e Transfer


3. Fund your account with an e transfer

Funding a Bitbuy account with Interac

4. Choose your Interac e Transfer method


5. Enter the amount


6. Send your e Transfer


7. Make a market order for Bitcoin

8. Select your funded account as the payment method for the Bitcoin

9. Complete the order

How does Interac e Transfer work?

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.

Interac's payment app

Is it safe to use Interac e Transfer to buy Bitcoin?

As long as the exchange you are sending money to is safe, then yes, it is perfectly safe to use Interac to buy Bitcoin.

Can I use Interac e Transfer on US exchanges?

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.