MyBTC.ca has auto-accept intelligence that helps create one of the fastest Interac e-Transfer funding experiences in the Canadian cryptocurrency space. It's also by far our most popular payment method.
Many Canadians buying Bitcoin (BTC), Ethereum (ETH) and USD Coin (USDC) choose Interac e-Transfer because it's a familiar, convenient and speedy way to send Canadian dollars securely from their bank account to purchase cryptocurrency.
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Click "Buy Now" to get verified and unlock the ability to view the Interac e-Transfer details you'll need to add MyBTC.ca as a recipient within your online banking.
How to Buy Bitcoin, Ethereum and USDC with Interac e-Transfer
After you've created your profile and completed identity verification, it's time for the fun part! Let's get you on your way to buying some cryptocurrency today!
Funding your account to buy Bitcoin using Interac e-Transfer is by far our most popular method of payment. Most people are already familiar with navigating Interac e-Transfer within their online banking from sending friends or family cash electronically.
The first step is to view the Interac e-Transfer instructions located on the MyBTC.ca funding page. Click the red "View Instructions" button for the Interac e-Transfer option.
Now, log in to your online banking and locate the section to add a new Interac e-Transfer recipient. Please note that the Interac e-Transfer must be sent from your personal bank account bearing your first and last name, matching your verified MyBTC.ca account.
Use the details provided in the MyBTC.ca Interac e-Transfer Instructions, such as Recipient Name, Recipient Email, and the Security Question & Answer that you are viewing. Please use the provided clipboard to copy and paste the information. Using the clipboard makes the process faster and more accurate so you don't experience a delay due to a typo or different question we don't know your answer to. Make sure you copy and paste the security question and answer exactly as displayed without adding any question marks, spaces or other characters.
Once you've entered the details we've provided and followed the prompts within your online banking, you can successfully add MyBTC.ca to your Interac e-Transfer recipient list. You can double-check your list of recipients to ensure we're there and ready to rock!
Now, select which bank account and the amount you'd like to send via Interac e-Transfer to fund your MyBTC.ca account. The minimum is $25.00 and the maximum is $25,000 per e-Transfer, as long as your bank allows that amount. If your bank's limit is lower, you can send more than one e-Transfer and they can be combined. Many Canadian banks impose daily Interac e-Transfer limits, although some customers may qualify for higher limits. Feel free to phone your bank using the number on the back of your debit card to inquire about a temporary limit increase. If you have more than one personal bank account in your name, you may also be able to send transfers from each account, subject to your bank's limits and MyBTC.ca's funding requirements.
If you want to buy more Bitcoin than your banking limits will allow for, please contact MyBTC.ca support and our friendly staff will troubleshoot your unique scenario and work with you to find solutions that fit your buying needs.
Once you've selected the amount and account, fire away! Interac e-Transfers typically arrive within approximately 0–30 minutes, depending on your bank and the Interac network. Once received, MyBTC.ca's auto-accept intelligence processes your funding and credits your account balance. You'll receive an email notification once your funds have been successfully added to your account.
If you need to easily navigate back to the funding page, click the URL link sent to you in the body of the email notification. The link will take you directly to the MyBTC.ca funding page, where we'll show you how to use your balance to create an order.
Ready to buy Bitcoin, Ethereum or USD Coin? Visit the MyBTC.ca funding page to get started with Interac e-Transfer today!
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