MyBTC.ca helps you to buy Bitcoin within seconds with Instant Debit, Interac Online and Flexepin vouchers.
Most people use MyBTC.ca because it allows them to buy Bitcoin within seconds without needing to provide physical ID.
You select your payment option from the Home or Buy Bitcoin page and then enter the exact amount of Bitcoin you want to buy or the dollar amount that you would like to process, the choice is yours. You will then enter a Bitcoin wallet address you want to send the Bitcoin to followed by your phone number for mobile SMS verification and press "TEXT ME" in the green box. After you have entered your mobile SMS code sent to you via text message, the next page is where you will create an account by entering profile information and confirming your email address. Now that you have an account you can proceed to the next steps such as instant online ID verification.
No. Thanks to instant Equifax verification, submission of physical ID is not required to use our services. When you complete Instant Equifax verification it unlocks access to buy $2500 worth of Bitcoin per 24hrs with Interac Online and $2500 per 24hrs with Flexepin.
Interac e-Transfer is a convenient email-based method to send money directly from your bank account to MyBTC.ca as the recipient via your online or mobile banking. Almost all Canadian Banks and Credit Unions offer Interac e-Transfer. For the full list please see here: https://interac.ca/en/interac-e-transfer-consumer.html
You start by creating an order and completing any 2 methods of identity verification which will unlock access to the Interac e-Transfer payment instructions.
After you have sent the Interac e-Transfer it will take approximately 1-2 hours (up to 12 hours in rare instances) for compliance to review and our payment processor to deposit. Once the funds have been added to your account balance you will receive an email notification advising you to create a new order and instantly complete the transaction for your Bitcoin.
Payment using Instant Debit is where you login to your online banking over a secure payment gateway for instant authorization and debit of funds from your bank account to MyBTC.ca as the merchant.
This payment method is only available to users with who have online banking with the following financial institutions: CIBC, Scotia & Simplii Financial — if you are not with ones of these banks please use Interac Online or Flexepin payment methods.
Interac Online is where you use your bank card/account to instantly debit funds online for your payment.
Interac Online supports TD and several credit union debit cards that are not co-badged with a VISA or MasterCard logo on them. Below is a full list of financial institutions that support Interac Online. If your institution is supported but you have co-badged card, you may want to see if you can obtain one of the older client cards, open an account with a new institution that supports Interac Online, or use another payment method like Flexepin vouchers which you can buy online or at a retail location with Visa/MasterCard debit cards.
To pay using Interac Online with a $2500 daily limit, submitting physical ID is not required, however, you must pass an instant multiple choice online verification test offered through our partnership with Equifax. Please create an order or login and then proceed to the verification page.
Flexepin is a fast, secure and private method of buying Bitcoin by redeeming a prepaid voucher purchased with Cash or Debit at 1000's of sales outlets Canada-wide or online with debit card here: TopMeUp.ca. Once you have purchased your Flexepin voucher featuring a unique 16-digit code, you can redeem it immediately on MyBTC.ca for instant delivery of your Bitcoin. Follow the steps here to pay with Flexepin.
To pay using Flexepin with a $2500 daily limit, submitting physical ID is not required, however, you must pass an instant multiple choice online verification test offered through our partnership with Equifax. Please create an order or login and then proceed to the verification page.
Equifax eID is an instant online verification system we have in partnership with Equifax Canada where a series of multiple choice questions are displayed based on your credit profile. By successfully answering these questions, your account will be verified, unlocking the ability to buy Bitcoin using Interac Online and boosting your Flexepin limit to $2,500 per 24hrs.
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Limits are based on a rolling 24hr period from the last time coins were sent to your wallet. Feel free to review your account history for a timestamp to reference.
- Interac e-Transfer: 7.75%.
- Instant Debit: 7.75%.
- Interac Online: 6.75%.
- Flexepin: 6.75%.
If you need to buy an exact amount of Bitcoin to pay for something or send to someone then enter that amount of Bitcoin in the corresponding field located on the order entry page. The next steps are to enter your Bitcoin wallet address, verify your mobile phone number, complete your profile, complete identity verification and proceed to complete purchase with the payment method you selected.
Bitcoin are stored within a Bitcoin wallet.
A Bitcoin wallet is a tool that allows you to take control of your Bitcoin private keys, and can be used to send, receive and store Bitcoins.
After you enter your Bitcoin wallet address on our site and complete your order by pressing "Pay", we automatically send the exact amount of Bitcoin you purchased to the wallet address you provided.
When Buying Bitcoin, we take the dollar amount you are spending, minus the fee and then divide by the rate at which 1 whole Bitcoin is worth to give you the fractional amount of Bitcoin you are to receive. For example, you have $150 to spend minus the fee of $10.13 which leaves $139.87 divided by $3,500 (hypothetical rate for 1 BTC) = 0.03996286 Bitcoin.
As the price of Bitcoin is in a constant state of flux, the Live Rate changes to match its current market value. Once you confirm you enter your SMS mobile PIN and click the "Checkout" button, your order and rate will be locked-in.
As the price of Bitcoin is in a constant state of flux, the Live Rate changes to match its market value. As such, the amount of Bitcoin will change if the Live rate changes. Once you confirm you enter your SMS mobile PIN and click the "Checkout" button, your order, rate and amount of Bitcoin ordered will be locked-in.
Yes. While all first-time transactions are held until manually verified to prevent fraud, all subsequent transactions are sent instantly.
After we send your Bitcoin they begin confirming on its Blockchain. The number of confirmations on the Blockchain each wallet provider requires before they add Bitcoin to your balance vary. In terms of time per confirmation, a good rule of thumb is 10 minutes per confirmation.
It's possible that we have not yet added the mobile provider you are using to our "approved" list. If you feel we should add them then please send us an email with your request — we may ask for additional information. VOIP numbers are not acceptable.
There may have been a communication error at last second between your bank and our payment gateway, causing the transaction to fail. Feel free to try again.
Yes, MyBTC.ca is running on dedicated hardware in one of the most secured Cloud Providers. All communications are encrypted with SSL and Cloudflare provides us with an additional layer of protection. Plus, we never store your banking or credit card information.
Your account history can only be viewed if you are logged in. If you are logged out, you first need to log back in by verifying your phone number via SMS and then clicking on the confirmation link sent to email address you previously verified.
Please use the contact form to see if support can update your profile with your new number. Additional information may be requested to link your profile to your new number.
Sorry, NO REFUNDS.
We will gladly help you!