Bitbuy

bitbuy.ca ↗

Canadian crypto purchases with Express Trade and OTC options

SI Score
70/100
Pricing
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Ask SI about Bitbuy

Answers use saved listing facts and recorded sources.
Homepage screenshot
Screenshot of the Bitbuy homepage

What it does

Bitbuy offers Canadian crypto purchases through Express Trade, plus Alpha OTC and corporate accounts. It is part of Robinhood and operates through Coinsquare Capital Markets. Canadian residency, the local age of majority and verified contact and identity information are required.

Express Trade presents a buy or sell quote with a spread included. Alpha is the assisted OTC route for larger transactions, while corporate accounts have their own setup. These service choices affect both execution and the relevant account documentation.

The fee page lists free CAD e-transfer and wire deposits. E-transfer withdrawals are also free, with a C$2,000 ceiling and one withdrawal per 24 hours. Direct bank and wire withdrawals cost 1.5%. External Bitcoin and Ethereum withdrawals have dynamic fees.

During the Robinhood transition, check the trading service named in the preview. The legal schedule effective 1 October 2026 separately prices Robinhood Trading at 0.5% until 31 October and 0.95% from 1 November. The public Express Trade page still describes spread-based quotes. These should not be treated as the same fee model.

To register, submit the email address, follow its confirmation link, select Continue and request the phone code with Get code. Identity verification accepts current Canadian government photo ID or a permanent resident card. A Canadian resident with only an international passport needs support assistance. The minimum age is 18 or 19 by province or territory. Crypto trading can result in losses.

Strengths

  • Separate individual, OTC and corporate routes
  • No platform fee for CAD deposits or qualifying e-transfer withdrawals

Watch out for

  • Direct bank and wire withdrawals cost 1.5%
  • Account access is limited to eligible Canadian residents
  • Robinhood Trading and Express Trade use different pricing descriptions

Best for

  • Canadian residents comparing direct crypto purchases with assisted OTC service

Sources