All of our content is written by Canadian crypto experts, not robots. We ensure each article is reviewed and updated regularly. Learn More

We earn commissions through referral links to crypto exchanges and products on this site. However, this does not impact our reviews or ratings. Learn More

Listen

Bull Bitcoin VS. Beaver Bitcoin: What Works Better For Canadians in 2026

Oleg Galeev

Last updated July 23, 2026

Bull Bitcoin and Beaver Bitcoin are two Canadian platforms that make it easy to buy and self-custody Bitcoin. Both avoid holding your funds, sending Bitcoin directly to your wallet, but Bull Bitcoin focuses on extra services like bill payments and cash purchases at Canada Post, while Beaver Bitcoin shines with its ultra-simple interface and transparent flat fee.

Description

Bull Bitcoin is a unique Canadian Bitcoin trading platform with the ability to pay bills with bitcoin (cellphone, electricity, even taxes to the CRA) and that sends every purchase straight to self-custody, it never holds your coins. Founded in 2013, it now also operates in Europe, Mexico, Costa Rica, Argentina and Colombia.

Beaver Bitcoin is a Canadian, bitcoin-only platform built around one idea: you should never have to trust an exchange with your coins. Every purchase is delivered straight to your own wallet, and you actually need a Bitcoin wallet before you can buy, since Beaver holds nothing for you. It has quickly become a favourite among Canadian bitcoiners for its automatic recurring buys, where money leaves your bank and BTC lands in your wallet every week without you lifting a finger.

Coins

BTC only

Bitcoin only.

Fees

Bull Bitcoin sends the BTC directly to your wallet, so you avoid the typical withdrawal and network fees that exchanges often charge, which is a money saver. There are no separate trading, deposit or withdrawal fees either. Instead, the cost is built into their "We sell" price as a spread, typically around 1.5% to 2% over the market rate depending on the currency, and that spread is all-inclusive. When paying via debit or cash at Canada Post, you'll pay a flat $3.95 CAD fee per transaction.

Flat, transparent 1.5% fee on everything: instant buys, recurring buys and large buys
No hidden spread, with the price determined by their real-time displayed rate at the moment your funds are exchanged
Beaver pays the Bitcoin network fee for your delivery, every time
When we tested it with a $100 purchase, we received exactly $98.50 worth of BTC, which is exactly what the quote promised

Pros

Immediate self-custody of assets
Send funds via e-Transfer, wire or bill payment from your bank
Cash and debit funding at thousands of Canada Post locations
No withdrawal fees or wait times
Recurring buys directly from your bank account
Pay bills with bitcoin
Lightning Network support for instant, cheap payouts

Fully non-custodial, with every buy delivered directly to your own wallet
One flat 1.5% fee with no spread games, among the most honest pricing in Canada
Hands-off DCA: automatic withdrawals from your bank with BTC delivered to your wallet on schedule
Network fees covered by Beaver on every delivery
Simple, clean interface with sign-up taking a couple of minutes
Sell function too: send BTC to their address and CAD arrives in your bank
Genuinely responsive, human support, with the team personally replying to reviews

Cons

Only bitcoin available
All funding methods now require full identity verification, including Canada Post
e-Transfer withdrawals capped at $10,000 CAD when selling

Bitcoin only, so altcoin buyers need to look elsewhere
Shorter track record than Bull Bitcoin or Bitcoin Well, both operating since 2013
No Lightning Network support yet
No mobile app yet, though the website is fully mobile-friendly
No anonymous purchase option, as full KYC is required for everyone

Account Limits

No maximum on deposits via wire transfer (wires over $10,000 CAD can get accelerated approval through Bull Bitcoin Prime)
No maximum on deposits via Interac e-Transfer (your bank's own Interac sending limit still applies, usually $10,000 to $25,000 CAD per day)
$100.00 CAD minimum / $7,500.00 CAD maximum per transaction via Cash or Debit at Canada Post
Up to $100,000.00 CAD per transaction via bill payment funding from your online banking
Buying and selling is effectively unlimited for verified accounts, and high-volume clients can use Bull Bitcoin Prime
Note: e-Transfer withdrawals when selling are capped at $10,000.00 CAD

Limits are set per account and shown in your dashboard. Confirm current figures before publishing, since Beaver doesn't publish a universal limits table.

App

Methods to buy

When buying bitcoin with Bull Bitcoin, you can deposit Canadian dollars via an Interac e-Transfer, wire transfer, bill payment from your online banking, or cash or debit at Canada Post. All methods require a verified Bull Bitcoin account. Since April 2024, even Canada Post in-person deposits require the clerk to check your government-issued ID, so the old anonymous cash route no longer exists.

Interac e-Transfer
Automatic bank withdrawals (pre-authorized debit) for recurring buys
A dedicated large-buy service for bigger amounts (confirm current funding rails for this tier)

Security

Full custody of your bitcoin.

Beaver's security model is the simplest one there is: it doesn't hold your bitcoin. Your BTC goes straight to your own wallet, so there is no pool of customer funds to hack, no withdrawal freeze risk, and no exchange counterparty to trust. KYC requires a government ID photo, your address, job title and a selfie.

Mobile and Desktop Trading

Neither exchange offers a highly polished native mobile app, but both work well through desktop and mobile web platforms.

Bull Bitcoin

Bull Bitcoin keeps things simple since all transactions happen via your bank, and every purchase goes straight to your own wallet. The platform has improved with the launch of their mobile app and open-source BULL Wallet. There aren't many features to get you confused, and it handles recurring buys, bill payments, and gift cards from a clean web dashboard that also works on mobile browsers.

Beaver Bitcoin

Beaver Bitcoin runs entirely through a minimal web dashboard that works smoothly on desktop and mobile browsers. There is no dedicated mobile app, but the interface is about as stripped-down as it gets — sign in, hit buy, send an Interac e-Transfer. Perfect for beginners who want to set up a recurring buy and forget about it.

Bull Bitcoin

Bull Bitcoin keeps things simple since all transactions happen via your bank, and every purchase goes straight to your own wallet. There aren't many features to get you confused, and the platform has improved a lot with the launch of their mobile app and open-source BULL Wallet.

Major Screen

Buying Bitcoin via Bull Bitcoin

Transaction screen on the mobile app

Bull Bitcoin app screenshot

Beaver Bitcoin

Beaver Bitcoin's platform is minimalist on purpose. There's no charting suite, no order book, no tabs to get lost in, just buy, set up recurring buys, or sell. Setup takes under five minutes including KYC, and the e-Transfer flow is one of the smoothest we've used. There's no app yet, but the mobile site works well enough that you can bookmark it to your home screen and barely notice.

Major Screen

Security Compliance

Bull Bitcoin is one of the safest options in Canada because you always take full custody of your bitcoin, so you don't need to worry about hackers stealing funds sitting on the platform. There is still a small level of trust needed because you don't buy the bitcoin yourself and must wait a moment for it to be sent to your crypto wallet, but delivery is near instant, especially over Lightning.

Beaver Bitcoin is non-custodial, which puts it in the same safety category as Bull Bitcoin and Bitcoin Well rather than traditional exchanges. Because coins are delivered to your wallet immediately, the platform never accumulates customer funds that hackers could target, and there's no scenario where your bitcoin gets stuck behind a frozen withdrawal queue. The trade-off is on you: you must set up and secure your own Bitcoin wallet before your first purchase, so pick a good one and back up your seed phrase properly.

Beaver Bitcoin is also non-custodial — BTC goes straight to your wallet with network fees included. It is safe by design, but younger (founded 2021) and with a smaller team, meaning less of a long-term security track record compared to Bull Bitcoin.

Both platforms are secure since they don't hold your bitcoin. Bull Bitcoin has the longer track record and community reputation since 2013. Beaver Bitcoin is safe by its non-custodial model but has operated since 2021 only.

Regulatory Compliance

Bull Bitcoin is registered with FINTRAC as a Money Services Business and there is a full KYC procedure, meaning Bull Bitcoin is fully compliant with Canadian regulations. In July 2026, the company also obtained a MiCA licence through France's AMF, one of the strictest regulators in the EU, which says a lot about how seriously they take compliance.

Beaver Bitcoin is registered as a Money Services Business with FINTRAC and applies full KYC to every customer, keeping it compliant with Canadian regulations. As a bitcoin-only, non-custodial platform, it operates in the same regulatory lane as Bull Bitcoin rather than the securities-registered dealer path taken by custodial exchanges.

Bull Bitcoin is registered with FINTRAC as a Money Services Business and there is a full KYC procedure, meaning Bull Bitcoin is fully compliant with Canadian regulations. In June 2026, the company also obtained a MiCA licence through France's AMF, one of the strictest regulators in the EU, which says a lot about how seriously they take compliance.

Both platforms are registered with FINTRAC as Money Services Businesses and comply with Canada's Proceeds of Crime (Money Laundering) and Terrorist Financing Act. KYC is required for most services on both platforms, though Bull Bitcoin allows limited cash purchases via Canada Post with less personal information.

Bull Bitcoin and Beaver Bitcoin are both FINTRAC-registered MSBs fully compliant with Canadian regulations. Bull Bitcoin additionally holds a MiCA licence via France's AMF as of June 2026.

Customer support

Bull Bitcoin's support is one of its strongest points, and customers consistently praise how fast and knowledgeable the team is. The platform holds a 4.9 to 5-star rating on Trustpilot with over 320 reviews, so it's clear that customers are extremely satisfied with the service.

Beaver's support is one of its standout features for a company its size. Reviews consistently praise the fast, human responses, and the team personally replies to feedback on Trustpilot, where the platform holds a strongly positive rating. Support runs through their help centre and email. The one recurring complaint worth noting in fairness: a small number of users report account closures during compliance reviews, which is a reality of any KYC platform but stings more when it's your DCA pipeline.

Bull Bitcoin's support is one of its strongest points, and customers consistently praise how fast and knowledgeable the team is. The platform holds a 4.9 to 5-star rating on Trustpilot with over 320 reviews. Support is available via email, with business hours coverage.

Beaver Bitcoin offers support through a website contact form. Being a small company, response times may be slower. Reviews are generally positive, but fewer in number than Bull Bitcoin.

Bull Bitcoin's email support with its near-perfect Trustpilot rating is the clear winner here. Beaver Bitcoin's contact form is adequate for a simple platform, but the depth of Bull Bitcoin's support team is noticeably stronger.

Conclusion

Both Bull Bitcoin and Beaver Bitcoin are strong non-custodial platforms for Canadians who want to buy and hold Bitcoin. Beaver Bitcoin is excellent for beginners who want the simplest possible interface and a flat, predictable fee. However, Bull Bitcoin is the overall winner thanks to its longer track record since 2013, bill payment options, cash purchases at Canada Post, Lightning Network support, MiCA licence, lower typical spread, and a near-perfect Trustpilot rating. For Canadians who want more than just buying Bitcoin, Bull Bitcoin is the superior choice.

Choose Beaver Bitcoin if you want the absolute simplest interface, a fully transparent flat 1.5% fee, and a recurring buy setup that requires minimal ongoing effort.

Choose Bull Bitcoin if you want more features — bill payments, Canada Post cash purchases, Lightning Network, a 12-year track record, and the lower fees that come with a more competitive spread.

Winner: Bull Bitcoin — more versatile, established, and cost-effective while still giving you full self-custody of your Bitcoin.

We recommend choosing Bull Bitcoin over Beaver Bitcoin for your cryptocurrency trading needs. By using our referral link, you support us in conducting comprehensive independent analyses of crypto trading options for Canadians.

If you find that neither Bull Bitcoin nor Beaver Bitcoin meets your requirements, we encourage you to explore our monthly-updated list of the best exchanges for Canadians to trade crypto.

Author

Oleg Galeev

Cryptocurrency Specialist

Oleg is a Canadian citizen & crypto expert who has been trading since 2016. He started out with Coinbase, Kraken and Peer-to-Peer exchanges. After some time, centralized exchanges started charging crazy fees to their users.

He decided to review different crypto exchanges that operate in Canada and start a Youtube channel in order to educate Canadians on what kinds of things are going inside each one while giving them unbiased advice. On top of that, Oleg also has experience with NFT, airdrops, and crypto staking and he is constantly checking on new crypto assets.

His writing has been featured in popular Canadian media sources such as Toronto Sun and Ottawa Citizen.

Bull Bitcoin VS. Beaver Bitcoin: What Works Better For Canadians in 2026