Move between crypto and cash — both directions
Accept stablecoins and major crypto and auto-convert to the currency you hold, or pay out in crypto when you need to. Every leg settles to your regulated 1klas account — one counterparty, not an exchange you can't reach.
One account for the way crypto actually flows
Get paid in crypto, keep cash
A customer or partner pays you in USDT, USDC, BTC or ETH. We auto-convert it at a locked quote and the cash lands in your account — you never touch an exchange.
Pay suppliers or teams in crypto
Hold cash, send crypto. Convert from your balance and pay out in stablecoins or major crypto to a wallet — settled with the same regulated counterparty.
Convert on your terms, hold as cash
Don't want exposure? Convert incoming crypto straight to a fiat balance and hold it across 60 currencies. Move it out over local rails or SWIFT whenever it suits you.
See what crypto lands as real money
Quoted and locked when you convert, near mid-market with a clear margin — no exchange spread games. Crypto rates are indicative and move in real time.
From a crypto payment to money you can use
Crypto arrives
You share a wallet address; USDT, USDC, BTC or ETH is sent to it.
Auto-converted
We convert at a locked quote to the currency you choose — no exchange account.
Settled to you
Cash lands in your 1klas account, held in the currency you picked — T+1.
Hold or pay out
Keep it, convert across 60 currencies, or send crypto back out — your call.
Stablecoins and major crypto, into real currencies
USDT
USDC
BTC
ETHOn-ramp and off-ramp for stablecoins and major crypto, converted to any of 60 account currencies. More assets on request — talk to us.
Crypto a bank is comfortable with
Most crypto rails break because no one can vouch for where the money came from. We are the regulated counterparty on both sides — so your cash lands, and stays.
- FINTRAC-registered MSBRegistered in Canada, with real KYC/AML — not a mixer, not a grey rail.
- Source-of-funds screeningWallets and flows are screened, so your bank isn't the one asking questions.
- Funds safeguardedClient money is kept separate and handled with care — same as your cash account.
- One record for everythingCrypto and cash legs in one dashboard — clean books, one reconciliation.
The rest of the money stack
Common questions
Stablecoins USDT and USDC, plus BTC and ETH — on-ramp (into cash) and off-ramp (out to a wallet). More assets are available on request.
No. You deal only with 1klas — we handle the conversion and settle cash into your account, or send crypto out from your balance. One regulated counterparty on both sides.
Conversions are quoted near the mid-market rate with a clear margin and locked when you convert — no hidden exchange spread. Crypto rates move in real time, so quotes are indicative until locked.
Yes. First Class Payments Inc. (1klas) is a Money Services Business registered with FINTRAC in Canada. We run KYC/AML and source-of-funds screening — this is a regulated rail, not a mixer.
Once crypto is received and converted, cash settles into your 1klas account — typically the next business day (T+1) — held in the currency you chose.
Bridge crypto and cash, without the grey area
Accept crypto, convert to the currency you hold, or pay out in crypto — all settled to one regulated account. One counterparty, T+1.