Last Update May 24th, 2023. 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 CoinSmart or Binance for your trading needs.
Where To Buy Bitcoin With Interac
| Company | Fees | Countries Supported | |
|---|---|---|---|
 | Coinsmart | Free | All countries |
 | Binance | Free | All countries |
Table of Contents
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 CoinSmart Summary
- Create an account with CoinSmart.
- Verify your account.
- Place an order to purchase “Bitcoin”.
- look for Interac e-Transfer as a payment method and complete checkout.
- Receive bitcoins directly into your CoinSmart 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
CoinSmart
| Website: | coinsmart.com |
| CEO: | Justin Hartzman |
| Headquarters: | Toronto, Canada |
| Founders: | Justin Hartzman, Michael Koral, Jeremy Koven |
| Founded: | 2018 |
| Customer service: | FAQ, 24/7 Ticket Support and Live Chat |
CoinSmart is one of the leading Canadian crypto trading platforms that allows users to buy and sell crypto.
CoinSmart accepts deposits in USD, EUR, GBP, and CAD.
Pros
- Caters to all levels of crypto experience
- Easy-to-use interface for basic and advanced traders
- 24/7 Support
- Low trading fees
- High fiat transaction limits
- Fast and secure transactions
Cons
- High fees when purchasing with a credit card or debit card
| Reputation | Fees | Privacy | Limits |
|---|---|---|---|
| Excellent | Low | High | High |
Binance
| 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. Through Binance P2P, more than 700 payment methods are supported.
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
| Reputation | Fees | Privacy | Limits |
|---|---|---|---|
| Excellent | Low | High | High |
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.