About Bitcoin4U
Bitcoin4U is a top-rated, registered Canadian virtual asset provider / Canadian Bitcoin broker. You have the flexibility of purchasing online using Interac e-Transfers to buy and sell cryptocurrency directly to/from your bank account, using Flexepin vouchers, or in Ontario using one of our BTC Machines. These Bitcoin ATMs are easy to use, and state-of-the-art. We are committed to the highest level of service, with our customer service agents ready to help you buy Bitcoin, Ethereum and Litecoin. Bitcoin4U BTC ATMs service the Greater Toronto Area, Hamilton and Barrie in Ontario. Most of our locations offer convenient on-site parking and extended hours. We are Canada's best crypto ATM operator.
If you're wondering how to buy cryptocurrency in Canada, you've come to the right place. First, you'll need a bitcoin wallet - there are many available, we would encourage you to research which one would best suit your needs. Then, depending on the type of transaction you'll either scan the QR code generaterd by your wallet at an ATM or copy and paste the address onto our website. Then you'll receive a link to verify your ID - this generally takes less than a minute, just follow the instructions. Lastly you'll be given instructions on how to pay, and we will send the cryptocurrency directly to the address provided instantly once the payment is received.
How it works
When you purchase Bitcoin or another virtual currency either online or at a Bitcoin ATM, your transaction, via a private key, is broadcast to the Bitcoin network to be confirmed. This verifies the transaction. It usually takes about 10-20 minutes to be confirmed by the network, although it can be longer depending on the activity of the network. While the creation of the actual transaction is instant, the confirmation process takes time.
About Bitcoin
Bitcoin is a peer-to-peer digital currency. It can be transferred instantly and securely between people all over the world. Bitcoin is like electronic cash, but it's different from traditional currencies because it is decentralized (does not use banks), in limited supply, semi-anonymous, and irreversible. Before you purchase Bitcoin online or at an ATM, Bitcoin4U will provide you with the rate that will be secured for that transaction. Bitcoin4U can only buy and sell Bitcoin to/from residents of Canada.