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Can I buy Crypto with RBC Bank Canada?

Summary: The only way to buy cryptocurrency through an RBC Bank account in Canada is through a trusted and regulated Canadian exchange. We recommend Bitbuy as the countries largest and most popular crypto trading platform.

Tanya Chen

Editor at Buy Bitcoin Finder

Can I buy Crypto through RBC Bank?

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.

How to buy Crypto with Bitbuy and RBC Bank

Bitbuy is a regulated and trusted exchange in Canada that allows instant and low fee Canadian Dollar (CAD) deposits via Interac e-Transfer. Their platform offers over 40 different cryptocurrencies including Bitcoin, Ethereum, Solana, Cardano and many others.

Follow the guide below to get started.

  1. Register a local account in Canada on Bitbuy.
  2. Enable SMS Authentication or 2FA for security.
  3. Verify your email address and identification to completely onboard.
  4. Connect your RBC Bank Account to deposit Canadian Dollars
  5. Select the coin you want to buy and hit "buy"

Buy Crypto with Bitbuy