Unfortunately customers of RBC Bank in Canada do not have a way to purchase Bitcoin directly via any of the native RBC financial services. This includes the RBC Direct Investing App, which does not allow users in Canada to invest or trade in cryptocurrencies.
However, RBC Bank account holders can sign up to and connect with a local exchange in Canada to instantly buy, sell and trade cryptocurrencies through their bank account.
We recommend Bitbuy as the best exchange to buy Bitcoin through an RBC Bank account due to their low fees and fast deposits for Canadian Dollars.
Users can deposit instantly using Interac e-Transfer and trade securely on Bitbuy using their RBC Account.
Register a local account in Canada on Bitbuy.
Enable SMS Authentication or 2FA for security.
Connect your RBC Bank Account to deposit Canadian Dollars
Select 'Buy Bitcoin'
Input the amount of Bitcoin you want to buy in Canadian Dollars (CAD)
Verify your email address and identification to completely onboard.
Preview your order and buy Bitcoin
Bitbuy is the leading cryptocurrency exchange based in Canada. Their platform offers RBC Online Banking users to quickly send Canadian Dollars with low fees.
Bitbuy boasts one of the largest users bases in Canada due to their easy to use platform for both retail and institutional investors.
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