Here are some of the most popular bitcoin ATM locations in Downtown Toronto:
Dueling Grounds – 1193 Bloor St W Toronto
Toronto Gold – 829 Bloor Street West, Toronto
Xagau Coin, Bullion & Currency Desk – 589 Yonge St, Toronto
DeCentral – 123 Spadina Avenue, Toronto
Metropolitan Pharmacy – 4G Spadina Ave, Toronto
If you know of any others please feel free to let us know by adding it in the “comments” section below.
For those of you that prefer to buy bitcoin directly from another person, you should try LocalBitcoins.com. They are a global marketplace that allow you to buy from sellers, locally, with a variety of payment methods that include cash in person, Interac e-Transfers, Western Union, PayPal Pre-Paid Disposable Credit Card and many others, all on LocalBitcoins.com.
To protect you against fraud and provide peace-of-mind when conducting an online transaction, LocalBitcoins.com uses escrow to take the bitcoins you have reserved from the seller’s account and hold on to them until the seller releases. If you have in fact paid and the seller does not release for some reason, you can file a dispute and LocalBitcoins will resolve it for you. So hang on to your receipt!
LocalBitcoins.com is the best service to use for those who want bitcoins almost instantly.
Canadian bitcoin exchange Cavirtex has resumed trading following its acquisition by New York platform Coinsetter.
The news comes after Cavirtex announced it was planning to shut down operations in March following a breach that compromised security information including password hashes the previous month.
Jaron Lukasiewicz, now CEO of both Coinsetter andCavirtex, said measures had been taken to remove the possibility of an event like this happening again.
Read more here: http://www.coindesk.com/canadian-bitcoin-exchange-cavirtex-reopens-following-coinsetter-acquisition/
You are invited to attend the exclusive launch of Toronto’s NEWEST, MOST ADVANCED and EASIEST TO USE Bitcoin ATM **with the LOWEST FEES in the city
To celebrate, we are hosting a night of:
- Special Guest Keynote Addresses and Q&A Panel
- Unlimited access to the brand new BitX machine (with zero commissions!) and free support
- FREE BITCOIN for attendees (first 30 sign ups)
- Beer and Food on us
Located in the heart of King West and inside one of the fasting growing start-up spaces in Toronto, PROJECT OWL is the new home to the “Fighter-Jet of Bitcoin ATM’s” – BITX
Whether this is your first bitcoin purchase or you’re already a pro, join us at Toronto’s premier co-working and events space – PROJECT OWL – for a night of BEER AND BITCOIN
NEW BITCOINERS: Finally learn how to buy, sell and use bitcoin from real experts. Local bitcoin pros will hold your hand through the process of buying Bitcoin and loading up your first bitcoin wallet.
EXPERIENCED BITCOINERS: Buy (and sell) unlimited bitcoin for absolutely no fees or commissions! Socialize and enjoy a beer with some of Canada’s leading bitcoin entreprenures and thought leaders. BitX is the most frictionless and least intrusive ATM on the market.
Highlights & reasons to come:
APRIL 22, 7:30pm – 10:30pm @ PROJECT OWL (20 camden street, 2nd floor)
- Special guest Keynote Speaker (you won’t be disappointed)
- Q&A panel with local experts to discuss bitcoin tech and answer ALL OF YOUR QUESTIONS.
- First 30 people to sign up (and show up at the door) get FREE BITCOIN starting at 7pm. Seriously.
- Be one of the first to try out the worlds’ most advanced and least intrusive Bitcoin ATM. Our BitX machine is gorgeous and has a super simple and intuitive user interface.
- ZERO commission fees to buy/sell your Bitcoin!
- A great night of socializing with other Bitcoiners and entreprenures at Project OWL
This night is without a doubt the best time for you to buy (and sell) Bitcoins for spot price (0% fees) and have a great night of fun discussion while you’re at it!
Morrex – Founded in October 2013, MORREX INC is Quebec’s first digital currency exchanger. MORREX INC is the only exchange to offer full billingual customer service. Its 2-factor authentication requires that members enter their passwords and personal identification number for a safe, user-friendly trading experience. Highly reliable and stable, the MORREX trading platform trading fees are currently 1 %.
The exchange accepts Bitcoin, Litecoin, Feathercoin, Wire Transfer, Interac Online, Cash, Pre-Authorized Debit, Electronic Funds Transfer, Bill Payment, Interac Email Money Transfer.
Customer deposits are stored in Canadian banks and digital currency balances are stored in multiple signature wallets. Morrex in has a money transmitting license from both FINTRAC and the Autorité des Marchés Financiers du Québec.
On February 15, 2015, CaVirtex found reason to believe that an older version of thier database that included 2FA secrets, hashed passwords and API keys, may have been compromised. This database did not include identification documents and all customer funds are safe.
CAVIRTEX has determined to cease active operations in the Bitcoin business and to return all customer funds. They are doing this because the security and the safety of customer funds are paramount to thier mission and to the success of Bitcoin in general. They believe that the damage to the company’s reputation caused by the potential compromise will significantly harm their ability to continue to operate successfully. All trading on the platform will cease on March 20th. They are asking all customers to please withdraw their funds by March 25th, 2015.
They are asking all clients to do the following:
1) Clear any CAVIRTEX browser cookies.
2) Log into your account and change your password.
3) Go to Settings -> User Preferences and set your BTC and LTC return address at the bottom of the page.
Bitcoin and Litecoin withdrawals were re-enabled late last week for those who had entered new return addresses, but they are reviewing accounts for suspicious activity and approving accounts for withdrawals on a case by case basis. For expedited service, please email [email protected]cavirtex.com. Processing accounts may take time.
CAD withdrawals are also available, but there is a queue for direct deposit exceeding thier payment processor’s daily limit. Expect CAD withdrawals to take at least 6 business days.
CAVIRTEX continues to believe, as we have over the last three and a half years of operation, that cryptocurrency is here to stay. They appreciate all the support from our amazing customers who have been on this journey with them.
Between February 20 and 22, the fourth edition of CoinFest will come to two dozen cities around the world, up from three cities in 2014.
In Vancouver, a cryptocurrency conference will take place at the Sandman Hotel Vancouver City Centre (180 West Georgia Street) on February 22. Speakers and panel discussions will cover topics that are standard fare for Bitcoin conferences, such as new projects, technological developments, and price. (One bitcoin was valued at around US$220 as of February 10.) On February 20, Decentral will present an Intro to Bitcoin event.
Coinkite is now offering its starter membership free of charge, a move that finds the bitcoin technology startup removing the 1% withdrawal fee formerly associated with the service.
The offer makes a number of Coinkite services available up to certain limits. With a starter account, users can create multi-signature wallets, watch-only accounts and send bitcoin by SMS, email and voucher, among other services.
Read more here on CoinDesk: http://www.coindesk.com/coinkite-removes-limits-multisig-bitcoin-wallets-service-fee-shakeup/
What is Bitcoin? – A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution. Digital signatures provide part of the solution, but the main benefits are lost if a trusted third party is still required to prevent double-spending. We propose a solution to the double-spending problem using a peer-to-peer network. The network timestamps transactions by hashing them into an ongoing chain of hash-based proof-of-work, forming a record that cannot be changed without redoing the proof-of-work. The longest chain not only serves as proof of the sequence of events witnessed, but proof that it came from the largest pool of CPU power. As long as a majority of CPU power is controlled by nodes that are not cooperating to
attack the network, they’ll generate the longest chain and outpace attackers. The network itself requires minimal structure. Messages are broadcast on a best effort basis, and nodes can leave and rejoin the network at will, accepting the longest proof-of-work chain as proof of what happened while they were gone.
Read the entire bitcoin whitepaper here: https://bitcoin.org/bitcoin.pdf