Bitcoin and cryptocurrencies have become increasingly popular in recent years, and as adoption grows, ATMs are a convenient, and safe method for acquiring digital assets in a self custody model. RapidEx, is a leading crypto ATM provider through out Canada with over 100 locations. Let us show you how to get started and explore the step-by-step process of purchasing BTC and other cryptocurrencies using a cryptocurrency ATM.
Section 1: Understanding Cryptocurrency ATMs
Cryptocurrency ATMs, also known as Bitcoin ATMs, are physical kiosks that allow users to buy or sell various cryptocurrencies using cash. Our ATMs provide a straightforward and accessible way for both beginners and experienced users to enter the cryptocurrency market.
Section 2: Understanding Cryptocurrency ATMs
To initiate the process, you need to locate a nearby cryptocurrency ATM, please visit https://rapidexatm.com/locations/ for an up to date listing of our locations. There are also numerous online platforms and mobile apps that provide real-time maps and information on the locations of our ATMs. Popular websites like CoinATMRadar or apps like Bitcoin ATM Map can help you find the nearest ATM to your location.
Section 3: Preparing for the Transaction
Before heading to the ATM, ensure that you have the following and are verified:
- A valid cryptocurrency wallet:
Choose a reliable digital wallet compatible with the cryptocurrency you intend to purchase, you can download one at www.exodus.com/download/
- Identification documents:
Our ATMs may require identity verification based on your purchase size of if you’re a repeat customer, so it’s advisable to bring a government-issued ID or you can “Get Verified” at www.rapidexatm.com.
- Sufficient funds:
Don’t have the required amount of cash? No problem, our kiosk also works as an ATM getting you the cash you require
Section 4: Initiating the Transaction
Once you reach our RapidEX cryptocurrency ATM, follow these general steps:
- Select the “Buy Bitcoin” or choose from 30 other digital assets on the ATM screen.
- Choose the cryptocurrency you want to purchase (our ATMs support multiple cryptocurrencies) with real time pricing.
- Select the amount you want to purchase
- Over $1000
- Under $1000
- Enter your cell number and confirm
- Verify your identity: if you haven’t been already verified, you may need to complete identity verification steps, a text message will be sent
- Provide your cryptocurrency wallet address: Our ATM will prompt you to scan the QR code of your wallet or enter the address manually to ensure compatibility with the digital asset you are trying to buy/sell
- Insert cash: Follow the on-screen instructions to finalize the payment.
- Confirm the transaction: Review the details of your purchase and confirm the transaction.
- Receive the transaction receipt: The ATM will generate a receipt that includes details such as the transaction ID, amount, and wallet address.
Section 5: Checking Your Wallet After completing the transaction
Check your cryptocurrency wallet to confirm the successful transfer. Most transactions are processed within a few minutes, but blockchain confirmation times may vary. Rest assured we will send you a text message with transaction details.
If you need any support, please contact us 1-855-820-2274.
Our cryptocurrency ATMs offer a convenient and accessible way to buy Bitcoin and other cryptocurrencies in Canada. Our rates are very competitive and our user interface is easy to use and we have the most cryptocurrencies available to buy/sell at an ATM in Canada