Oleg Galeev

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Beaver Bitcoin Review: Should Canadians Use It?

Last updated July 1, 2026

Quick Summary: Beaver Bitcoin Review 2026

Beaver Bitcoin is ranked #12 on our best crypto exchanges for Canadians list. Founded in 2021 in Canada, it is a non-custodial Bitcoin-only platform with one goal: buy Bitcoin as simply as possible and send it directly to your wallet. It supports three deposit methods: Interac e-Transfer (up to $20,000, instant), bill payment (up to $100,000, 2-3 business days), and Beaver Plaid personal OTC service for purchases over $100,000. Fee is a flat 1.5% with no spread, no hidden charges, and no withdrawal or network fees. FINTRAC-registered. Rated 4.7/5 on Apollo. Bitcoin only. No Lightning Network. Sign up here.

Written by Oleg Galeev
Canadian crypto investor since 2016 · Founder, OCryptoCanada
Oleg has personally tested 60+ crypto exchanges available to Canadians since 2016 and has held an active Beaver Bitcoin account since 2024. He founded OCryptoCanada in 2020 to give Canadians unbiased, firsthand information. YouTube: @ocryptocanada · Reddit: r/OCryptoCanada

All fees, features, and regulatory details verified against official Beaver Bitcoin and FINTRAC sources.

This article contains affiliate/referral links. We may earn a commission at no extra cost to you. This is not financial advice. Learn more.

Beaver Bitcoin My HONEST Review After 30 Days

Beaver Bitcoin Quick Facts

Detail Info
Founded 2021, Canada
Coins supported Bitcoin (BTC) only
Custody model Non-custodial. Bitcoin sent directly to your wallet on every purchase
Fee 1.5% flat (no spread, no hidden fees, no network fees)
Interac e-Transfer Free. Instant delivery. Up to $20,000 per transaction
Bill payment Free. 2 to 3 business day settlement. Up to $100,000
Wire transfer Available. Contact Beaver for large purchases
Beaver Plaid (OTC) Personal service for purchases over $100,000. Institutional liquidity pricing. No sign-up required for intro call
Recurring buys (DCA) Yes. Weekly and custom schedules linked to bank account. Bitcoin delivered to wallet automatically
Network/withdrawal fees Covered by Beaver Bitcoin. No extra charge
Lightning Network Not supported. On-chain Bitcoin only
KYC required Yes. Government ID, selfie, address, job title. Required for all purchases
No-KYC option None (for Beaver Plaid, intro call requires no sign-up but KYC required before purchase)
FINTRAC registered Yes (Money Services Business)
Apollo rating 4.7/5
Trustpilot 12 reviews (too few to cite a meaningful score)
OCryptoCanada rating #12 on our best exchanges list

 

  • beaver-bitcoin-logo

    8.5/10

  • Pros & Cons

    • Non-custodial: Bitcoin sent directly to your wallet on every purchase. No exchange holds your coins
    • 1.5% flat fee with no spread, no hidden costs, and no network fees. The total you see is what you pay
    • Three deposit tiers: Interac (up to $20K instant), bill payment (up to $100K), Beaver Plaid OTC (over $100K)
    • Beaver Plaid: personal OTC service for large purchases using institutional liquidity. No slippage on large orders
    • Recurring DCA buys: set up once, Bitcoin arrives in your wallet every week without lifting a finger
    • FINTRAC registered. Fully compliant with Canadian AML/KYC regulations
    • Cleanest interface of any Canadian Bitcoin platform. Beginner-friendly in a way that no other platform matches
    • Apollo rating 4.7/5. Consistently positive user experience for the core buying flow
    • Bitcoin only. No Ethereum, no altcoins, no stablecoins
    • 1.5% fee is higher than Bull Bitcoin (0.5% to 1.25% spread) and comparable to Bitcoin Well (1.5% buy spread)
    • No Lightning Network. On-chain Bitcoin only. Slower and higher network fees than Lightning for small amounts
    • No KYC-free option. Full identity verification required before any purchase
    • Shorter track record than Bull Bitcoin and Bitcoin Well (both founded 2013 vs Beaver's 2021)
    • No bill payment with Bitcoin (unlike Bull Bitcoin's Bylls integration)
    • Limited educational resources and smaller support team than larger exchanges
    • Interac e-Transfer capped at $20,000 per transaction. Bill payment required for purchases up to $100K
  • Fees

    1.5%

  • Coins

    BTC

 

Ready to get started? Sign up with Beaver Bitcoin here. Not sure if Beaver Bitcoin is right for you? Take our exchange quiz or compare Bull Bitcoin and Bitcoin Well.

Is Beaver Bitcoin Legit and Safe for Canadians in 2026?

Yes. Beaver Bitcoin is registered with FINTRAC as a Money Services Business, compliant with Canadian AML and KYC regulations, and has operated since 2021 without a security incident. The core safety argument is structural: Bitcoin is sent directly to your personal wallet on every purchase. Beaver Bitcoin never holds your coins, so custodial risk does not apply.

I have been testing Canadian Bitcoin platforms since 2016 and the non-custodial model is the most important safety distinction in this space. When you buy Bitcoin on Shakepay, Coinbase, or NDAX, your Bitcoin sits on their platform until you withdraw it. An exchange hack, insolvency, or account freeze puts your holdings at risk during that window. Beaver Bitcoin eliminates that window entirely. Every purchase flows straight from your CAD payment to Bitcoin in your personal wallet. The exchange never touches your coins.

That structural advantage comes with a corresponding responsibility: if you lose access to your Bitcoin wallet, no one can recover your funds. Beaver Bitcoin cannot help you because it does not hold your Bitcoin. Before using any non-custodial platform, make sure you have a proper wallet backup. See our guide to the best crypto wallets for Canadians for options at every level.

Security features that do apply to your Beaver Bitcoin account:

  • Full KYC procedure: government-issued ID, selfie, address, and employment information as required by FINTRAC
  • Third-party custodians and cold storage for operational funds (your Bitcoin is never stored here, but Beaver’s working capital is)
  • Email notifications on every transaction
  • Standard account security: password protection and email verification

What Is Beaver Bitcoin’s Track Record in Canada?

Beaver Bitcoin was founded in 2021 in Canada with a single focus: make buying Bitcoin with Interac as simple and transparent as possible. It has operated cleanly since launch, holds FINTRAC MSB registration, carries a 4.7/5 rating on Apollo, and has grown from a startup to one of Canada’s recognized non-custodial Bitcoin platforms. It has a shorter history than Bull Bitcoin and Bitcoin Well (both founded 2013), but its operational track record since 2021 is clean.

Beaver Bitcoin Key Milestones

Year Milestone
2021 Founded in Canada. FINTRAC MSB registration secured. Interac e-Transfer instant Bitcoin purchase launched
2022 to 2023 Recurring buy (DCA) feature launched. Bill payment deposit method added for purchases up to $100,000
2023 to 2024 Beaver Plaid personal OTC service launched for purchases over $100,000. Wire transfer option added
2024 to 2025 Apollo 4.7/5 rating established with consistent positive reviews. OCryptoCanada 30-day test completed
2025 to 2026 Three-tier deposit structure fully operational: Interac (up to $20K), bill payment (up to $100K), Beaver Plaid OTC (over $100K)

How Do You Sign Up and Verify Your Account on Beaver Bitcoin?

Beaver Bitcoin My HONEST Review After 30 Days

Beaver Bitcoin

Signing up is straightforward and takes about 10 minutes. You need to be 18 or older, provide a government-issued photo ID, take a selfie, provide your address and job title, and register a Bitcoin wallet address. KYC is fully required before any purchase. Unlike some other non-custodial platforms, Beaver Bitcoin does not offer a no-KYC tier. Verification is designed to be quick: Beaver states their KYC process is streamlined for the non-custodial model and asks only what is required by regulation.

What you need to open an account:

  • Age 18 or older
  • Email address and password
  • Government-issued photo ID (driver’s licence or passport)
  • A selfie photo
  • Your address and job title
  • A Bitcoin wallet address to receive your purchases

The wallet address requirement is the step that catches new users off guard. You cannot complete account setup or place a purchase without providing a Bitcoin wallet address. This is the correct design for a non-custodial platform: Beaver needs to know where to send your Bitcoin before you pay. If you do not yet have a Bitcoin wallet, see our guide to the best crypto wallets for Canadians before signing up. Hardware wallets like Trezor and Tangem are the most secure for long-term holding. A software wallet like BlueWallet or Blockstream Green works well if you are just getting started.

Once verified, buying Bitcoin takes three steps: select Interac, bill payment, or wire transfer; complete the bank-side payment; receive Bitcoin in your wallet with an email confirmation. There is no separate withdrawal step. There is no Bitcoin balance sitting on Beaver that you have to remember to move.

How Do You Buy Bitcoin on Beaver Bitcoin? (Three Tiers Explained)

Beaver bitcoin will buy the bitcoin for you and immediately send it to your wallet

Beaver Bitcoin supports three purchase methods depending on size. Interac e-Transfer is instant and handles purchases up to $20,000. Bill payment supports up to $100,000 with a 2 to 3 business day settlement. Beaver Plaid is a personal OTC service for purchases over $100,000 with institutional liquidity pricing, same or next day settlement, and no slippage on large orders.

Interac e-Transfer (Up to $20,000, Instant)

The primary purchase method for most Canadians. Free, instant, and available around the clock. Log into your Beaver Bitcoin dashboard, click Buy, enter your amount, and follow the Interac payment instructions provided. Once Beaver receives your funds, they exchange them to Bitcoin and deliver it to your registered wallet address. You receive an email confirmation with your purchase details. The $20,000 per transaction limit is Beaver’s current Interac cap. For purchases above this level, use bill payment.

Bill Payment (Up to $100,000, 2 to 3 Business Days)

For purchases between $20,000 and $100,000. Bill payment lets you transfer funds directly from your online banking app or website by adding Beaver Bitcoin as a payee, similar to paying a hydro or phone bill. Settlement takes 2 to 3 business days. Not all banks support this method: confirm with your bank before relying on it for a time-sensitive purchase. Free of charge on Beaver’s side. The bill payment option makes Beaver Bitcoin accessible to Canadians making larger one-time Bitcoin purchases without needing to deal with wire transfer arrangements.

Beaver Plaid (Over $100,000, Personal OTC Service)

For individuals and businesses buying more than $100,000 of Bitcoin, Beaver Plaid provides a personal service offering with access to institutional liquidity providers. No sign-up or KYC is required to start: an intro call is available to answer questions and explain the process with no obligation. From there, account onboarding and KYC are completed, Beaver provides payment details and guidance for the bank transfer, and you receive real-time quotes before executing. The bill payment and wire transfer methods are both supported at this level.

The Plaid offering addresses one of the old article’s gaps directly: Beaver Bitcoin is not just a small Interac-only service for small purchases. It handles corporate and high-net-worth Bitcoin purchases through a dedicated service model that competes directly with the OTC desks at Bitcoin Well Infinite ($50,000 minimum) and Bull Bitcoin Prime ($10,000 minimum), though at a higher entry threshold of $100,000.

What Does Beaver Bitcoin Cost?

fees Beaver Bitcoin

Beaver Bitcoin charges a flat 1.5% fee on every purchase. There is no spread, no withdrawal fee, and no network fee. The Bitcoin network (mining) fee is covered by Beaver Bitcoin. What you see in the quote is what you get in Bitcoin. On a $100 purchase, you receive $98.50 worth of Bitcoin. On a $1,000 purchase, you receive $985 worth of Bitcoin.

The transparent fee model is one of Beaver’s most genuine differentiators in the Canadian market. Most Canadian crypto platforms either embed a spread into the price without disclosure or charge a visible fee on top of a spread. Beaver Bitcoin does neither. The 1.5% is the total cost, shown upfront, with nothing added at settlement. I bought $100 of Bitcoin through Beaver and received $98.50 worth. That is exactly 1.5%.

Covering the Bitcoin network fee on top of this is meaningful. On-chain Bitcoin transactions require a mining fee paid to the network, which varies from a few cents to several dollars depending on network congestion. Most exchanges pass this fee to users. Beaver absorbs it as part of the 1.5%. For small purchases, this can be the difference between the fee structure making sense or not.

Real Cost Comparison: Beaver Bitcoin vs Other Canadian Non-Custodial Bitcoin Platforms

Platform Fee Network Fee No-KYC Option Lightning Network Recurring Buy
Beaver Bitcoin 1.5% flat (no spread) Covered No No Yes
Bull Bitcoin 0.5% to 1.25% spread (all-in, no separate fee) Covered on standard purchases Yes (Canada Post, up to $999.99/transaction) Yes (instant) Yes (daily DCA)
Bitcoin Well 1.5% buy / 2.0% sell (online portal) Not covered (network fee applies) Yes (Cash Vouchers, up to $3,000/day) Yes Yes

All fees verified June 17, 2026 based on our updated platform reviews. See Bull Bitcoin review and Bitcoin Well review for full details.

On pure fee comparison, Bull Bitcoin’s spread model (0.5% to 1.25% all-in) is cheaper than Beaver’s flat 1.5% for most transaction sizes. The trade-off is simplicity: Bull Bitcoin’s pricing model is visible on the homepage but involves understanding the broker model, while Beaver’s flat 1.5% is the simplest fee structure of any Canadian Bitcoin platform. For someone who just wants to know exactly what they are paying without any further calculation, Beaver wins on clarity. For someone who wants to minimize cost and is comfortable with a slightly more involved platform, Bull Bitcoin is cheaper.

How Does Beaver Bitcoin Work? (Step by Step)

Beaver Bitcoin’s process is two steps for the user: complete account setup including wallet address, then transfer CAD from your bank. Beaver handles the exchange and delivery automatically. There is no login to an exchange interface, no trading, no order book. Once your account is set up, buying Bitcoin is exactly as simple as sending an Interac e-Transfer.

  1. Sign up and verify. Create your account at beaverbitcoin.com. Complete KYC: government ID, selfie, address, job title. Register your Bitcoin wallet address.
  2. Choose your purchase method. In your dashboard, click Buy and select Interac e-Transfer (up to $20,000), bill payment (up to $100,000), or wire transfer for large amounts. Enter how much CAD you want to spend or how much Bitcoin you want to receive. The platform shows your exact quote including the 1.5% fee.
  3. Send payment from your bank. Complete the Interac e-Transfer, bill payment, or wire from your bank’s online banking. Beaver provides all the details in the dashboard.
  4. Receive Bitcoin in your wallet. Once Beaver receives your payment, they exchange it to Bitcoin at the market rate and send it to your registered wallet address. You receive an email confirmation with the transaction details.

Setting up a recurring weekly buy works the same way, except you link your bank account directly and step 3 happens automatically every week. Bitcoin arrives in your wallet on schedule without requiring any action from you. As one Beaver Bitcoin user described it in a review: “I finally have a totally hands off DCA system set up with Beaver. The money comes out my bank and BTC delivered to my wallet every week. I don’t have to lift a finger.”

Beaver Plaid: Bitcoin for Larger Purchases and Businesses

Beaver Plaid is Beaver Bitcoin’s personal service offering for purchases over $100,000 CAD. It provides access to institutional liquidity, eliminating slippage on large orders. The process: book an intro call (no sign-up or KYC needed for this), complete onboarding, receive quotes before sending funds, execute at the live rate. Bill payment (2 to 3 business day settlement) and wire transfer are both supported.

This feature was entirely absent from the old article. It matters because it changes the picture of what Beaver Bitcoin is. The platform is not just a small Interac service for $100 Bitcoin purchases. It has a full OTC desk for corporate treasury buying, business purchases, and high-net-worth individuals who want to move significant capital into Bitcoin with personalized guidance.

For context, Bitcoin Well Infinite has a $50,000 minimum and Bull Bitcoin Prime has a $10,000 minimum. Beaver Plaid’s $100,000 threshold is higher, but the service model (intro call first, personal relationship, institutional pricing) is designed for buyers at that size who value guidance over self-service. Visit beaverbitcoin.com/plaid to learn more or arrange an intro call.

How Does Beaver Bitcoin Make Money?

Beaver Bitcoin earns the 1.5% fee on every purchase. There are no other charges: no deposit fee, no spread on top of the flat fee, no withdrawal fee, and no network fee. The 1.5% is the complete revenue model. This transparent single-fee structure is genuinely unusual in the Canadian Bitcoin market where most competitors use a spread model that embeds margin into the price without a visible percentage.

Since Beaver Bitcoin operates as a broker rather than an exchange, its model is: receive CAD from you, buy Bitcoin from an institutional liquidity provider at the market price, take 1.5% as the service fee, and send the remaining Bitcoin to your wallet. The simplicity of this model is both its main appeal and its main limitation. There are no other revenue lines, which means there are no complex fee interactions to understand, but also no upsell features like staking, lending, or subscriptions that generate additional platform value.

What Are the Biggest Complaints About Beaver Bitcoin?

Beaver Bitcoin’s Apollo rating is 4.7/5 and its Trustpilot presence is too small (12 reviews) to draw meaningful statistical conclusions. The most consistent feedback patterns: the 1.5% fee being higher than Bull Bitcoin’s equivalent, the lack of Lightning Network support for users who want instant low-fee settlement, and the requirement for a wallet address before signing up catching complete beginners off guard.

Fee Is Higher Than Bull Bitcoin

At 1.5% flat, Beaver is not the cheapest non-custodial Bitcoin option in Canada. Bull Bitcoin operates on a spread model that works out to 0.5% to 1.25% depending on volume and market conditions. For Canadians making regular purchases, that gap compounds over time. The counter-argument: Beaver’s 1.5% is fully transparent and covers network fees, while other platforms’ quoted spreads may not include all costs. The honest assessment is that Bull Bitcoin is generally cheaper for active buyers.

No Lightning Network

Both Bull Bitcoin and Bitcoin Well support Lightning Network for near-instant, low-fee Bitcoin settlement. Beaver Bitcoin is on-chain only. For users who want to receive Bitcoin via Lightning or use it for payments, this is a real limitation. For long-term holders who plan to move Bitcoin to a hardware wallet regardless, on-chain delivery is perfectly adequate.

KYC Required for All Purchases

There is no anonymous purchase option on Beaver Bitcoin. Unlike Bitcoin Well’s Cash Voucher system (up to $3,000/day, email only) or Bull Bitcoin’s Canada Post option, every Beaver Bitcoin purchase requires full identity verification. This is not a criticism of the platform, it is a design choice, but it is worth knowing before signing up if privacy is a priority.

Wallet Address Required at Sign-Up

Absolute beginners who arrive at Beaver Bitcoin without a Bitcoin wallet cannot complete their account setup. This is the correct design for a non-custodial platform but it creates a barrier for the very newcomers the simple interface is meant to attract. The solution: set up a wallet first, then sign up. Our best crypto wallets guide explains the options at every experience level.

Small Company, Limited Support Resources

Beaver Bitcoin is a small, focused company. Support is by email submission through the website. Response times are reasonable but the team is smaller than larger exchanges with dedicated support departments. For routine questions and straightforward purchases, this is not an issue in practice. For anything that requires a time-sensitive resolution, this is worth knowing upfront.

How Does Beaver Bitcoin Compare to Other Canadian Bitcoin Platforms?

All three major non-custodial Canadian Bitcoin-only platforms (Beaver Bitcoin, Bull Bitcoin, and Bitcoin Well) send Bitcoin directly to your wallet and are FINTRAC-registered. The key differences: Bull Bitcoin is cheapest and most feature-complete. Bitcoin Well has the largest ATM network and Cash Voucher no-KYC option. Beaver Bitcoin has the simplest interface and the clearest fee structure.

  Beaver Bitcoin Bull Bitcoin Bitcoin Well
Fee (buy) 1.5% flat (network fees covered) 0.5% to 1.25% spread (all-in, no separate fee) 1.5% spread (network fee not covered)
Interac limit $20,000/transaction Instant, no published cap No minimum, no maximum published
Large purchase OTC Beaver Plaid ($100K+ min) Bull Bitcoin Prime ($10K+ min) Bitcoin Well Infinite ($50K+ min)
Lightning Network No Yes (instant) Yes
No-KYC option No Yes (Canada Post, up to $999.99/transaction) Yes (Cash Voucher, up to $3,000/day)
Bitcoin ATMs None None (Canada Post only) 160+ across Canada
Bill payments with Bitcoin No Yes (Bylls integration) Yes
Recurring DCA Yes Yes (daily, weekly, custom) Yes
Founded 2021 2013 2013
FINTRAC registered Yes Yes Yes (publicly traded TSXV: BTCW)
Best for Simplicity, fee transparency, beginner DCA buyers, large OTC via Plaid Lowest cost, most features, Lightning, bill payments ATM access, Cash Vouchers, no-KYC buyers, publicly accountable company

All fees verified June 17, 2026 using our updated platform reviews. See our full exchanges list for current rankings.

Who Should Use Beaver Bitcoin (and Who Shouldn’t)?

Beaver Bitcoin is best for Canadians who want the simplest possible Bitcoin buying experience with complete fee transparency, a set-it-and-forget-it DCA setup, or access to a personal OTC service for large purchases. It is not the right choice for cost-focused active buyers who want the lowest fees, anyone needing Lightning Network, or buyers who want anonymous purchase options.

Beaver Bitcoin Is a Good Fit If You:

  • Are buying Bitcoin for the first time and want the simplest, most transparent experience available in Canada
  • Want to dollar-cost average into Bitcoin weekly with Bitcoin delivered directly to your wallet with zero ongoing effort
  • Value knowing exactly what you are paying: 1.5% flat, nothing else, no surprises
  • Want to make a large Bitcoin purchase over $100,000 with personal guidance from Beaver Plaid
  • Already have a Bitcoin wallet and are comfortable with self-custody

Beaver Bitcoin Is Not the Right Choice If You:

  • Want the lowest fees. Bull Bitcoin at 0.5% to 1.25% is consistently cheaper for most purchase sizes
  • Want Lightning Network for instant low-fee Bitcoin delivery. Both Bull Bitcoin and Bitcoin Well support Lightning
  • Want to buy Bitcoin without ID. No-KYC options require Bitcoin Well Cash Vouchers or Bull Bitcoin Canada Post purchases
  • Want to pay Canadian bills with Bitcoin or use Bitcoin for everyday spending. Bull Bitcoin‘s Bylls integration handles this
  • Are an active trader who wants charts, order types, or a trading interface. Beaver Bitcoin is a buy-only platform with no trading functionality
  • Want altcoins beyond Bitcoin. See our NewtonNDAX, or Kraken reviews

Conclusion: Is Beaver Bitcoin Worth It for Canadians in 2026?

Design and Usability

Beaver Bitcoin occupies a clear and honest position in the Canadian Bitcoin market. It is not the cheapest option. It does not have the longest track record. It does not support Lightning Network. What it does have is the clearest fee structure of any Canadian Bitcoin platform (1.5% flat, all-in, network fees covered), the simplest buying interface I have tested across 60+ exchanges, and now a full-service OTC offering via Beaver Plaid for large purchases that was not documented in the previous version of this review.

The DCA use case is where Beaver Bitcoin genuinely shines. Setting it up once and having Bitcoin land in your hardware wallet every week without touching anything is exactly what it promises and exactly what it delivers. For Canadians who want to accumulate Bitcoin steadily over time without thinking about it, and who value knowing precisely what they pay, Beaver Bitcoin is a solid choice at #12 on our list.

If cost matters more than simplicity, Bull Bitcoin is cheaper and more feature-complete. If ATM access or no-KYC purchasing matters, Bitcoin Well covers those needs. All three are legitimate, non-custodial, FINTRAC-registered Canadian Bitcoin platforms, and many Canadians use more than one.

Sign up with Beaver Bitcoin here. Take our exchange quiz to find the right platform for your situation, or ask questions in r/OCryptoCanada.

Frequently Asked Questions About Beaver Bitcoin

Is Beaver Bitcoin safe for Canadians?

Yes. Beaver Bitcoin is registered with FINTRAC as a Money Services Business, compliant with Canadian AML and KYC regulations, and has operated since 2021 without a security incident. The core safety feature is structural: Bitcoin is sent directly to your personal wallet on every purchase. Beaver Bitcoin never holds your coins. Custodial risk does not apply because your Bitcoin never sits on the platform.

What does Beaver Bitcoin charge for fees?

A flat 1.5% fee on every purchase. No spread, no deposit fee, no withdrawal fee, and no Bitcoin network fee (Beaver covers network fees). The 1.5% is the complete, all-in cost. On a $100 purchase you receive $98.50 worth of Bitcoin. Verified June 17, 2026 at beaverbitcoin.com.

How do you buy Bitcoin on Beaver Bitcoin?

Three methods depending on purchase size. Interac e-Transfer: instant, up to $20,000 per transaction. Bill payment: 2 to 3 business day settlement, up to $100,000. Beaver Plaid personal OTC service: for purchases over $100,000, with institutional liquidity pricing and personal support. All methods require a verified account and a registered Bitcoin wallet address. Bitcoin is delivered to your wallet automatically after payment clears.

What is Beaver Plaid?

Beaver Plaid is Beaver Bitcoin’s personal OTC service for individuals and businesses buying more than $100,000 of Bitcoin. It provides access to institutional liquidity providers (eliminating slippage on large orders), pre-purchase quotes, real-time quote execution, and personal guidance. An intro call is available with no sign-up or KYC required. Bill payment and wire transfer are the payment methods. Visit beaverbitcoin.com/plaid to get started.

Does Beaver Bitcoin support Lightning Network?

No. Beaver Bitcoin delivers Bitcoin on-chain only. Lightning Network is not supported. If you need Lightning for instant delivery or spending, Bull Bitcoin and Bitcoin Well both support Lightning Network deposits and withdrawals.

Can Canadians buy Bitcoin without KYC on Beaver Bitcoin?

No. Full KYC is required for all purchases on Beaver Bitcoin: government-issued ID, selfie, address, and job title. There is no anonymous purchase tier. For no-KYC Bitcoin purchases in Canada, see Bitcoin Well‘s Cash Voucher system (up to $3,000/day) or Bull Bitcoin‘s Canada Post option (up to $999.99/transaction).

Beaver Bitcoin rated as a #12 in the list of the best crypto exchanges for Canadians

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Author

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. 

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