How to Buy Crypto in Canada (2026): Six Coins by e-Transfer
The short answer: Bitcoin4U, a FINTRAC-registered (M19742234) non-custodial cryptocurrency exchange, sells Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), USD Coin (USDC), Solana (SOL) and XRP by Interac e-Transfer, from $50 to $25,000 per 24 hours. Each order is sent instantly and automatically, day or night, to your own wallet as soon as your e-Transfer is deposited and matches the order (for Bitcoin you can also choose a cheaper batched send). There is no account balance to fund and nothing held for you: the coins go straight to the address you give.
How to buy crypto in Canada in five steps
- Pick a coin. Choose one of the six in the table below; each has its own order page.
- Get a wallet you control for that coin, or an exchange account in your own name, and copy its receiving address for that coin.
- Verify your ID once at ID verification. It is done on your phone, usually in under a minute, and only before your first order.
- Send the e-Transfer. Enter the amount and your address on the order page, check the quoted rate and fee, then send the Interac e-Transfer from a bank account in your own name, following the instructions shown.
- The coins are sent to your address. As soon as the e-Transfer is deposited and matches your order, the coins go out automatically, at any hour, and your receipt email carries the transaction ID.
Most banks deliver an e-Transfer within a few minutes; a few take up to 30 minutes. A payment from an account that is not in your name is reviewed by a person first.
The six coins you can buy by e-Transfer
| Coin | Order page | Guide | What to know |
|---|---|---|---|
| Bitcoin (BTC) | Buy Bitcoin | How to buy Bitcoin | Choose "Right now" for a priority send or "I can wait" for a cheaper batched send. |
| Ethereum (ETH) | Buy Ethereum | How to buy Ethereum | Sent on the Ethereum mainnet only, not a Layer 2; the gas is paid by Bitcoin4U. |
| Litecoin (LTC) | Buy Litecoin | How to buy Litecoin | Native Litecoin; no memo or destination tag. |
| Solana (SOL) | Buy Solana | How to buy Solana | Native SOL on the Solana mainnet, not SPL tokens. |
| XRP | Buy XRP | How to buy XRP | An exchange account needs its destination tag. |
| USD Coin (USDC) | Buy USD Coin | The USD Coin section below | Ethereum (ERC-20) only. |
USD Coin: Ethereum only
Bitcoin4U sends USD Coin only on the Ethereum network, as an ERC-20 token. Use an Ethereum USDC address from a wallet you control or an exchange account in your own name, in its checksummed form exactly as the wallet or exchange shows it: the order form checks the letter casing against the address's checksum, which an all-lowercase address normally fails. Solana USDC addresses are not accepted, and USDC on Polygon, Base or Arbitrum is not supported: those addresses look the same, but the USDC still goes out on Ethereum, so choose Ethereum in your wallet or exchange. No memo or destination tag is needed, and your wallet does not need to hold any ETH to receive it.
Other ways to pay
Interac e-Transfer is the simplest way to pay online for any of the six coins. The others:
- Credit or debit card (Visa or Mastercard, including Apple Pay and Google Pay): Bitcoin only, sent as soon as your payment goes through. Card limits are on the fees page.
- Flexepin voucher: Bitcoin only, sent as soon as the voucher is redeemed.
- Bank wire transfer: $25,000 to $100,000, any of the six coins, arranged by request. A wire can take up to three days to arrive; you then lock a live rate, and the coins are sent within minutes of the rate being accepted, during business hours. See how to buy crypto with a wire transfer in Canada.
- Cash at a Bitcoin ATM: every Bitcoin4U ATM sells all six coins, is buy-only and takes up to $40,000 per 24 hours (your own limit may be lower). The rate is shown and locked when you start. Machines print no receipt: it is emailed to the address on your ATM account, and if none arrives, use our Get a receipt page. Find one on the ATM locator and read the Bitcoin ATM guide.
Selling
Selling is for Bitcoin only, online on the sell page, and you are paid by Interac e-Transfer, usually automatically after one network confirmation.
Two checks before you buy
Is the seller registered with FINTRAC?
Every business that exchanges cryptocurrency for people in Canada must be registered with FINTRAC, Canada's anti-money-laundering agency, as a money services business. Ask for its registration number and search FINTRAC's public Money Services Business Registry for it; the entry should match the legal name the business publishes. Bitcoin4U is operated by Innovative Horizon Technologies Inc., registration M19742234 (Revenu Quebec 16220). That registration is for anti-money-laundering purposes only: Bitcoin4U is not an investment dealer or adviser, and nothing on this page is financial advice.
Who holds the coins?
A custodial platform keeps what you buy in an account it controls until you withdraw it. A non-custodial exchange sends it straight to a wallet you control, so there is no balance for anyone to freeze or lose. Bitcoin4U is non-custodial: every order goes to the address you give. The trade-off is that you alone are responsible for your wallet's recovery phrase, which cannot be reset if you lose it. Our guide to the non-custodial wallet explains the difference.
Cryptocurrency prices are volatile and a transaction you send cannot be reversed, so start small and never put in more than you can afford to lose.
Related guides
- Buy Bitcoin with Interac e-Transfer
- Rates, fees and limits
- How to buy Bitcoin in Canada
- How to buy Bitcoin safely in Canada
- Bitcoin ATMs vs exchanges vs P2P in Canada
- Is crypto legal in Canada?
Frequently Asked Questions
How do I buy crypto in Canada?
Pick a coin, get a wallet you control for it or an exchange account in your own name, verify your ID once, and send an Interac e-Transfer from a bank account in your own name. At Bitcoin4U the coins are sent automatically to your address as soon as the e-Transfer is deposited and matches your order, from $50 to $25,000 per 24 hours.
Which coins can I buy by e-Transfer?
Six: Bitcoin, Ethereum, Litecoin, USD Coin, Solana and XRP. Each has its own order page. All six are also sold for cash at every Bitcoin4U ATM and by wire transfer for $25,000 to $100,000.
Can I buy crypto other than Bitcoin with a credit card?
No. At Bitcoin4U, credit and debit cards (including Apple Pay and Google Pay) and Flexepin vouchers buy Bitcoin only. To buy Ethereum, Litecoin, USD Coin, Solana or XRP online, pay by Interac e-Transfer, or by wire for larger amounts.
Which network is USDC sent on?
Ethereum only, as an ERC-20 token. Use your Ethereum USDC address in its checksummed form. Solana USDC addresses are not accepted; Polygon, Base or Arbitrum addresses look the same, but the USDC still goes out on Ethereum, so choose Ethereum in your wallet or exchange.
Do I need a destination tag for XRP?
Only if your receiving account shows one, as exchanges do. Type it in the separate Destination tag box on the order form, not after the address: XRP sent without a required tag may be lost for good. A private wallet usually does not need one. Use a classic XRP Ledger address, which starts with r.
Is crypto taxed in Canada?
Yes. The Canada Revenue Agency generally treats cryptocurrency as a commodity. Buying it with dollars is not taxed in itself, but selling, swapping, spending or giving it away can create a gain or a loss to report, as business income or a capital gain depending on your circumstances. That is general information, not tax advice; check the CRA's guidance or ask your own accountant.