Bitcoin ATM Fees in Canada vs Buying Online or In Store | The Coin Shack
Bitcoin ATM fees: see what you really pay
Bitcoin ATMs in Canada commonly charge 6% to 15% or more, plus an exchange-rate markup. At The Coin Shack you buy online by Interac e-Transfer for 2.35%, included in the price, or with cash at our Markham store from 3.50% to 6.00% depending on the amount. More in our guides.
Example: on $500, a 10% ATM fee costs about $45, while our 2.35% online fee costs about $11.
Our cash buy rates
| Cash amount | Rate |
|---|---|
| $100 - $999 (No ID Needed) | 6.00% |
| $1000 - $4999 | 4.50% |
| $5000 - $9999 | 3.50% |
| $10,000+ | Contact Us |
Rates are based on Market Value
Watch out for ATM scams
In April 2026 the federal government announced plans to ban crypto ATMs because of fraud. No government agency, bank, utility or police service will ever ask you to pay in Bitcoin.
