Typically, 5–30 minutes once the Bitcoin network confirms your transaction.
Sell Bitcoin Toronto with Bitcoiniacs
Fast, Secure & In-Person Bitcoin Selling
Looking to sell your Bitcoin in Toronto? At Bitcoiniacs, we make the process fast, secure, and straightforward. Whether you’re a first-time seller or a seasoned investor, our team is here to walk you through every step. No guesswork, no stress—just real people helping you trade Bitcoin for cash with confidence.
Where We've Been Seen
Why Sell Bitcoin with Bitcoiniacs?
At Bitcoiniacs, we’re more than just a crypto company—we’re one of Canada’s original Bitcoin brokers, trusted by thousands since 2013. We offer in-person service, transparent rates, and quick payouts, so you never feel like you’re left in the dark.
Here’s why Toronto residents choose us when they’re ready to sell:
Trusted by Canadians since 2013
No Bank Delays
Competitive Rates
Based on live market prices
Instant cash payouts or direct bank transfers
Secure, private, and compliant transactions
Whether you’re selling a little or a lot, we treat every transaction with care and transparency.
How to Sell Bitcoin in Toronto (Step-by-Step)
Buying Bitcoin at our Richmond ATM takes just a few simple steps. Here’s a quick walkthrough:
Step 1:
Contact Us or Visit a Bitcoiniacs ATM
Reach out to our team or find a Bitcoiniacs Bitcoin ATM in Toronto that supports sell functions. You can check our Locations Page for ATM availability.
Step 2:
Verify Your Identity (If Needed)
For smaller transactions, ID is usually not required. For larger amounts, we may ask for ID or SMS verification—it's part of keeping your funds safe and secure.
Step 3:
Select “Sell Bitcoin” on the ATM or with Staff
If you're using our ATM, select the "Sell" option. If you're working with a team member, they'll walk you through the process personally.
Step 4:
Send Bitcoin from Your Wallet
You’ll be prompted to send Bitcoin to a QR code address. You can scan it from your phone or paste it manually.
Step 5:
Wait for Network Confirmation
Once your transaction is confirmed on the blockchain (typically 10–30 minutes), the cash will be dispensed from the ATM or handed to you by staff, depending on the setup.
Step 6:
Receive Cash Payout from ATM
Receive Cash from ATM or visit our Richmond Location for Over The Counter help when selling bitcoin.
We follow FINTRAC regulations, so your transaction is always above-board and safe.
No Bank Linking:
No need to connect your bank account or share credit card info. Just bring your ID and cash—quick, easy, and secure.
Instant Settlement
Get your Bitcoin in seconds. No delays, no pending transfers—your crypto is sent to your wallet on the spot.
User-Friendly:
Perfect for beginners. Our ATMs walk you through each step with simple instructions and an intuitive screen.
Cash Friendly
Use Canadian dollars directly—no banking apps, wire transfers, or complicated online funding required.
Crypto You Can Sell with Bitcoiniacs
We primarily support Bitcoin (BTC), but some of our ATMs and in-person locations may support other cryptocurrencies like:
Ethereum (ETH)
Litecoin (LTC)
USDC or USDT
(availability may vary)
TIP:
Always check ahead if you’re looking to sell anything other than Bitcoin.
Is There a Limit to How Much I Can Sell?
We work with all kinds of sellers—from people offloading a bit of Bitcoin to those liquidating larger investments. However, depending on how much you’re selling, we may need additional verification.
Under $1,000
No ID typically required
$1,000–$9,999
SMS verification or basic ID may be needed
$10,000 and above
Additional KYC documents required (as per compliance rules)
Do you have questions, we are here to help!
Common Questions About
Selling Bitcoin in Toronto
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How long does it take to sell my Bitcoin and get cash?
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Can I sell crypto other than Bitcoin?
Bitcoin is supported at all sell-enabled locations. Some sites may accept other coins—contact us to confirm availability.
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Are the rates good?
Yes! We use live market rates and keep our fees competitive—no hidden charges.
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Is it safe to sell Bitcoin in person?
Absolutely. All Bitcoiniacs locations are secure, and our team is trained to handle transactions safely and professionally.
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Do I need an account to sell?
No account required for smaller amounts. For larger trades, we may request additional verification per federal compliance guidelines.
Where Can I Sell Bitcoin in Toronto?
We have several ATM and in-person locations across Toronto where you can sell Bitcoin safely and securely. Use our Location Finder to see the nearest spot. Please note that not all ATMs support sell functions—reach out to our team or check online to confirm before visiting.
Ready to Turn Your Bitcoin into Cash?
Whether you’re cashing out a small amount or managing a larger portfolio, Bitcoiniacs is your trusted local partner. Visit one of our Toronto locations or get in touch with us today to sell your Bitcoin safely and easily.
About Bitcoiniacs
Since 2013, Bitcoiniacs has been a trusted name in Canada’s crypto scene.
We offer secure and reliable Bitcoin services through our network of ATMs and in-person locations across the country. Whether you’re buying or selling, our team is here to make your crypto experience smooth, fast, and stress-free.