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Interac E-Transfer Logo

Last Update April 7th, 2021. Interac e-Transfer is a popular way for citizens of Canada to send money to one another using the money in their bank accounts.

Interac E-Transfer is also a popular method for buying and selling bitcoin instantly and securely.

If you are buying or trading bitcoin in high volumes with Interac e-Transfer our recommendation is to use Binance or Paxful for your trading needs.

Where To Buy Bitcoin With Interac

 CompanyFeesCountries Supported
Binance Icon
Binance

FreeAll countries
Paxful Icon Resized
Paxful

Free, 0.1% to 5% for sellersEvery country except for a few (see banned countries)

How Can I Buy Bitcoin With Interac E-Transfer?

If you want to buy bitcoin using Interac e-Transfer then you have to find a reputable exchange or marketplace that will let you do it.

How To Buy Bitcoin With Interac e-Transfer On Paxful Summary

  1. Create an account with Paxful.
  2. Verify your account.
  3. Go to “Buy Bitcoin” and look for Interac e-Transfer.
  4. Open a trade with the vendor and complete the terms.
  5. Receive bitcoins directly into your Paxful wallet.

That’s it! You have successfully purchased bitcoin with Interac e-Transfer as the payment method.

How To Buy Bitcoin With Interac E-Transfer

Binance

Binance Homepage

Rating:
Website:binance.com
CEO:Changpeng Zhao
Headquarters:Malta, European Union
Founders:Changpeng Zhao, Yi He
Founded:2017
Customer service:Knowledge Base

Binance is a first-rate exchange for experienced traders who are looking for a respectable cryptocurrency marketplace to perform real-time trades.

With over 166+ cryptocurrencies available, both beginners and advanced traders have a myriad of tools and pairs available to them within one powerful trading platform.

Binance accepts deposits in over 50+ currencies including USD, EUR, JPY, KRW, GBP, AUD, RUB, and many more.

Pros

  • Trustworthy management
  • High volume exchange
  • Low fees
  • A large number of cryptocurrency pairs
  • Global support

Cons

  • Few payment options

ReputationFeesPrivacyLimits
ExcellentLowHighHigh

Paxful

Paxful Homepage

Rating

Website:paxful.com
CEO:Ray Youssef
Headquarters:New York, New York
Founders:Ray Youssef, Artur Schaback
Founded:2015
Customer service:Knowledge Base
More information:Read Review

Paxful is a person-to-person marketplace that supports over 300 payment methods.

Paxful gives vendors the ability to create offers in all currencies.

Pros

  • Escrow system
  • Security
  • Diverse payment methods
  • Simple user interface (UI)
  • Wide variety of sellers

Cons

  • Buyers and sellers are at risk of being scammed

ReputationFeesPrivacyLimits
ExcellentLowHighHigh

What Is Interac?

Introduced in 1984, Interac is a Canadian interbank payment network that links participating financial institutions together including debit cards and ATM systems.

An Interac e-Transfer, or Interac Email Money Transfer, is a popular method of payment for sending and receiving money using either a business or personal account. An Interac e-Transfer resembles an eCheck in many forms, however, money can be sent instantaneously and transfers can not bounce.

How An INTERAC E-Transfer Works