Where to Buy Bitcoin in North York: Store, Online or ATM? | The Coin Shack

Where to buy Bitcoin in North York

North York has many Bitcoin ATMs, and sadly it also sees a lot of Bitcoin scams. This guide compares the ways to buy and lists the warning signs, so you can buy safely.

TL;DR

Cheapest: buy online by Interac e-Transfer, 2.35% fee already in the price, Bitcoin sent to your own wallet.
Want help or cash? Visit our store at 238 Copper Creek Dr, Markham, up the 404 to the 407. Cash buys under $1,000 need no ID.
Skip Bitcoin ATMs: fees of 6% to 15% or more are common.
Scam warning: if a caller or online contact tells you to buy Bitcoin and send it to them, stop and talk to us first.

Online by Interac e-Transfer

For most people the simplest and cheapest way. You pay from your own bank, and we send Bitcoin to your own wallet. Our fee is 2.35%, already in the price. We pay the Bitcoin network fee (want it faster? You can choose a $2 or $5 speed-up). Start at Buy Online.

In person, with help

The Coin Shack is at 238 Copper Creek Dr, Markham, near Highway 407. From North York take the 404 north to the 407 east. Get directions from North York.

At the counter you can buy or sell with cash. We help you set up a wallet on your phone, make a safe backup, and send your Bitcoin straight to it. Cash rates start at 6.00% for buys under $1,000 and go down as the amount goes up; see the rates table.

Warning signs of a Bitcoin scam

Someone you met online or on the phone tells you to buy Bitcoin and send it to them.
A caller says they are the CRA, police, your bank or a utility and asks you to pay in Bitcoin. They never do.
You are told to keep the purchase secret, or someone stays on the phone while you use a Bitcoin ATM.
If anything feels off, stop and talk to us first. We would rather lose a sale than see you lose your money.

Questions

Can I buy Bitcoin with cash near North York?

Yes, at our store in east Markham. Cash buys under $1,000 need no ID.

Will you stop me if I am being scammed?

We ask questions when something looks wrong, and we will tell you if we think you are being targeted. Bitcoin you send to a scammer cannot be recovered.

Is The Coin Shack registered?

Yes. We are a money services business registered with FINTRAC, registration number N300001054.