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Last Update June 22nd, 2020. 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.

At the moment, Paxful is the only platform that accepts Interac E-Transfer as a payment method.

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

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

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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