Bitcoin Well

Bitcoin Only

App

Established 2013

🇨🇦

Canada

Bitcoin Well is a Canadian, non-custodial Bitcoin company founded in 2013 (originally “Bitcoin Solutions”) and re-branded in 2021. Head-quartered in Edmonton, Alberta, it became the first publicly listed Bitcoin ATM operator in the world when it debuted on the TSX-V (ticker BTCW) in July 2021. The firm is registered as a Money Services Business with FINTRAC, giving it the regulatory clearance required to operate nationwide while emphasizing strict AML/KYC compliance. The company’s core offerings revolve around helping users buy, sell, and spend Bitcoin while retaining full control of their own keys. Services include 275+ Bitcoin ATMs across Canada, an online express buy/sell platform with instant Interac e-Transfer settlements, OTC trades for higher volumes, automated recurring purchases, and bill-payment tools that let customers pay Canadian utilities directly from their Bitcoin wallet. Because Bitcoin Well never holds customer funds, counter-party risk is minimized, making it a strong option for Canadians seeking a fast, transparent, and self-custodial way to acquire Bitcoin.

Trading Fees

Maker FeeSpread (1.2-3%)

Taker FeeSpread (1.2-3%)

Deposit FeeFree (Interac e-Transfer)

Withdrawal FeeFree (miner fees covered for most transactions)

Full fee schedule

Trading Info

Markets1

Assets1

24h Volume$0

KYC RequiredYes

Mobile AppNo

Platform Features

KYC VerificationRequired

Mobile AppWeb only

HeadquartersCanada

Security Features

Non-custodial (auto-withdrawal to user wallet)2FAregulated by FINTRAC

Supported Fiat Currencies

CADUSD

Customer Reviews

9 reviews

Anonymous

Review of complaint

This is a very recommendable app.It is user friendly but withdrawal is normally locked and having points usually looks like a waste of time.If you can make withdrawal available all the time I'll give a 5 star rating

8/22/2026

Anonymous

Smooth and easy Bitcoin exchange experience

Bitcoin Well makes exchanging Bitcoin straightforward and user-friendly. The interface is clean, transactions feel fast, and everything works as expected. Overall a solid and reliable platform. Highly recommend for anyone looking for a simple exchange experience.

8/20/2026

Anonymous

Fast,Easy exchange with great support

My experience with Bitcoin Well's exchange was excellent. The signup was quick, KYC was straightforward, and my CAD deposit converted to BTC fast. Fees were clear upfront and the rates were competitive. Support responded quickly when I had a question. Would definitely use again for buying Bitcoin in Canada.

8/17/2026

Anonymous

Easy and convenient exchange

had an excellent experience with Bitcoin Well. The exchange process was simple, straightforward, and easy to navigate. I appreciated the clear information and convenient overall experience. The process was smooth, though faster transaction updates would make the service even better.

8/16/2026

Anonymous

Ha Sido divertido usar la aplicación espero poder retirar con éxito los Sats. Muy bonita la página

Llevo poco tiempo usando esta página pero hasta el momento de ahora me ha parecido interesante y válida, espero poder usarla por mucho tiempo y retirar exitosamente lo que vaya generando a través de de ella . No he intentado aún retirar los Satoshi porque aún no he llegado a los 5000 pero con todas las ganas iré progresando hasta obtener mi dinero .

3/1/2026

Frequently Asked Questions About Bitcoin Well

Bitcoin Well charges a maker fee of Spread (1.2-3%) and a taker fee of Spread (1.2-3%). Actual fees may vary by trading volume tier.

Yes, Bitcoin Well requires identity verification (KYC) to comply with anti-money laundering (AML) regulations. You will need to provide a government-issued ID and possibly proof of address.

Bitcoin Well is a spot exchange, where you can buy and sell Bitcoin directly using fiat currency or other digital assets. It is Bitcoin-only, focusing exclusively on Bitcoin rather than other cryptocurrencies.

Bitcoin Well lists the following security features: Non-custodial (auto-withdrawal to user wallet), 2FA, regulated by FINTRAC. We recommend reviewing their custody practices and withdrawal policies before depositing funds.

Bitcoin Well is headquartered in Canada. Availability may vary based on your country of residence due to local regulations.