Although the Bitcoin industry has adopted the term ATM, an Instacoin ATM (also called BTM or Bitcoin Teller Machine) differs from the traditional automated teller machine you'd associate with banks. Instacoin is not a bank and does not offer the products and services of a bank. A Bitcoin ATM lets you buy Bitcoin and cryptocurrency with your money or sell them to get cash ($CND).
At an Instacoin ATM, there is no wait to start transacting. Simply insert bills and buy Bitcoin (or the cryptocurrency of your choice). Other options can have lengthy processing wait times and the processing and cutoff times when sending funds from your bank can all amount to several business days.
In contrast, you often need to go through an arduous process to setup your bank account to start buying cryptocurrencies.
Alternative options, like meeting up with a local bitcoiner, can be a real pain to setup (not to mention risky), but, finding a Bitcoin ATM is easy and hassle-free.
Our Bitcoin and cryptocurrency prices are some of the more competitive one's on the market. Visit our Price & Fees page to learn more.
We have 140 Bitcoin ATMs in cities including Montreal, Toronto, Ottawa-Gatineau, Niagara Falls, Quebec, Halifax, Moncton, Calgary, Edmonton and Vancouver. We are continually deploying new locations in cities across Canada. We want to you to be able to access Bitcoin and cryptocurrency close to the home or from wherever you are. Find a location now.