How to use a Bitcoin ATM
Your complete guide to buying bitcoin with cash at any Bitcoin Well ATM across Canada.
Bitcoin ATMs at a glance
A quick overview of what to expect when using a Bitcoin ATM.
Cash in, bitcoin out
No bank required. Buy bitcoin with cash at 160+ Bitcoin Well ATMs nationwide.
Get a mobile wallet
Any app that displays a "receiving" QR code works; we recommend a self-custodial wallet.
Quick ATM visits
Scan QR, deposit cash, confirm. Your bitcoin arrives after one network confirmation.
Located near you
Our machines are located in stores and shopping malls in every major Canadian city.
Your complete guide to using Bitcoin ATMs
Bitcoin ATMs have transformed how Canadians access cryptocurrency. You can quickly convert cash to bitcoin without a bank account or technical know-how; just bring some cash and a wallet app on your mobile device.
This guide walks you through the entire Bitcoin ATM experience. We'll cover everything – from finding a nearby ATM to completing your first purchase, we explain the process in simple, practical terms.
Why use a Bitcoin ATM?
Bitcoin ATMs are the fastest and simplest way to buy bitcoin with cash — no account setup, bank transfers or waiting periods.
They're designed for convenience; you can buy bitcoin right now without dealing with the bureaucracy of an online exchange.
Bitcoin ATMs are also preferred by privacy-focused individuals who don't want to create accounts or upload personal documents for transactions under $950 CAD.
Benefits of using a Bitcoin ATM:
No accounts or bank linking
Buy bitcoin directly without signing up for an exchange or connecting your bank.
Easy for beginners
Clear prompts, step-by-step instructions on-screen, and no complicated interfaces.
Pay with cash
Ideal for cash-first users or anyone who prefers not to use cards online.
Fast settlement
Transactions start processing right away; no 3–7 business day holds.
Control your BTC from the start
Automatic self-custody; your bitcoin is sent straight to your private wallet.
What you need before your first transaction
A few simple preparations will ensure a smooth, quick purchase.
You need a wallet app on your mobile device
There are two types of mobile wallets:
- • Custodial wallet
- • Self-custody wallet
A custodial wallet means the private keys are held by a third party. With a self-custody wallet, you are the only one who has access to your private keys.
Some bitcoin wallets we recommend:
The wallets listed above are practical for ATM transactions. Their apps display a scannable QR code that tells the ATM where to send your bitcoin.
Most importantly, they are self-custody wallets.
Important note: If you use a self-custody wallet, you need to write down your recovery phrase somewhere safe (not just on your phone). If your device dies or disappears, that phrase is your only key back to your bitcoin.
Buying more than $950?
Per FINTRAC regulations, we must verify your identity for bitcoin transactions over $950 CAD.
This is a one-time process that only takes a few minutes. All you need is a phone number and a valid government-issued ID.
Buying less than $950?
No identity verification is required.
Ready? Let's get started
Have your cash and wallet app ready?
It's time to find a Bitcoin ATM near you.
Bitcoin ATMs by Province
Start by selecting your province below.
How to buy bitcoin at a Bitcoin ATM
Once you've found a Bitcoin ATM near you, it's time to head over to the machine.
Using our ATMs is simple and straightforward.
The touchscreen interface guides you through each step of the process.
Step 1
Tap "I want Crypto" on the welcome screen
Our ATMs display a clear welcome screen.
Tap the "I Want Crypto" button to begin your purchase.
You'll see several cryptocurrency options available.
Tap "Bitcoin" to select it for your purchase.
Step 2
Select BTC from the list of available cryptocurrencies
Step 3
Scan your digital wallet's receiving address QR code
Open your wallet app on your mobile device.
Find the QR code associated with your receiving address and hold it in front of the scanner.
Step 4
Insert cash into the ATM
Once your receiving address has been scanned, you'll be prompted to begin depositing cash into the ATM. After each bill is inserted, the total amount will update automatically on-screen.
Step 5
Confirm transaction details
Check that the amount on-screen matches the cash you deposited. Double check your wallet address and ensure it's correct. When ready, tap 'Send my bitcoin' when you're ready to proceed.
Step 6
Choose transaction speed
On the last screen before you finalize your transaction, you will be prompted with two 'transaction speed' options:
Normal
Priority
The estimated transaction time and fee is displayed for each option.
When ready, tap "Send my bitcoin" to finalize the transaction.
Transaction complete!
Your bitcoin will land in your wallet after one network confirmation.
Take a picture of this screen ☝️
It has your transaction ID and other important information about your purchase.
Start your bitcoin journey today
Bitcoin Well's mission is simple: enable independence by making bitcoin easily accessible to everyone.
We've helped thousands of Canadians take their first steps into bitcoin. From college students to retirees, and everyone in between.
Our Bitcoin ATMs are a simple, convenient way to get started. Cash and a mobile wallet app are all you need.
Most folks complete their first purchase in under 5 minutes, even if they've never bought crypto before.
Frequently asked questions
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