Bitbuy Deposit Methods and Supported Banks

Canadian cryptocurrency exchange with a focus on ease of use and regulatory compliance.

KYC verification: Same day

Available in: CA

Bitbuy in Canada

Canadians wanting to fund a crypto platform in CAD using Interac e-Transfer Request Money with full regulatory registration

Banks that do not support Request Money and the 72-hour withdrawal lock after your first deposit are the main friction points

Best way to fund Bitbuy in Canada

Primary Interac e-Transfer

Interac e-Transfer deposits are typically credited within 30 to 60 minutes. Wire transfers usually take 0 to 2 business days depending on bank cutoffs.

⚠ Bitbuy does not accept email e-Transfers sent with a security question. Deposits must be completed through the in-app Interac Request Money flow

⚠ Some financial institutions do not support Interac Request Money deposits, which can make the Interac deposit option fail even if your bank supports normal e-Transfers

Learn more about Interac e-Transfer

Backup Wire Transfer

Use if primary method is unavailable

Learn more about Wire Transfer

Supported Deposit Methods

Interac e-Transfer Wire Transfer

Regulatory Status in Canada

Canada-registered Crypto Asset Trading Platform. Bitbuy is registered with FINTRAC as an MSB and with the Ontario Securities Commission and Canadian Securities Administrators.

Last verified: 2026-01-16 · View source

Fees and Costs

Trading Fees

Bitbuy Trade uses spread-based quotes (0.5% to 1.85%, up to 2% additional in adverse conditions). Bitbuy Pro charges 0.50% maker and taker fees.

Deposit Fees

Interac e-Transfer deposits are typically fee-free for funding. Wire transfers may have bank fees.

Common Issues and Solutions

Why did my Interac e-Transfer deposit fail even though I can send normal e-Transfers from my bank?

Bitbuy deposits use Interac Request Money. Some banks support normal e-Transfers but do not support Request Money deposits. If Request Money is not supported by your bank, use wire transfer as the backup rail.

Can I send an e-Transfer to Bitbuy by email with a security question?

No. Bitbuy states it does not accept e-Transfers sent by email using a security question and answer. The deposit must be initiated inside Bitbuy using the Interac Request Money flow.

How long should a Bitbuy Interac deposit take and what should I do if it is stuck?

Bitbuy guidance places Interac deposit timing in the 30 to 60 minute range in typical cases. If it runs long, check whether your bank is holding the transaction, then retry with a smaller test amount.

Why can't I withdraw CAD or crypto right after my first deposit?

Bitbuy applies a 72-hour withdrawal restriction after your first CAD deposit. That restriction applies to both CAD withdrawals and crypto withdrawals. Do your first deposit earlier and treat it like an onboarding step.