While everyone’s waiting for 2016 to start anew, we’ve got ourselves a head start here at Decentral with our brand new Bitcoin ATM. Like the previous machine, the new one is also a two-way machine that lets you sell and buy bitcoins in Toronto. You can say this is our anniversary gift as we celebrate two years since we first introduced Toronto’s first Bitcoin ATM in January 2014.
If you’ve been here before, you would know that our old machine has four slots performing different functions. Customers often confuse one for another.
Our new Bitcoin ATM has only two slots: one for cash, and another one for receipts. Instead of bending down and looking for a slot to slide your phone in, you can now scan your QR code by holding your phone above the gleaming rectangular screen (pictured), which takes about a second or less. There’s no more need to bend down and look for a hidden scanner or worry about the lack of light when scanning a paper wallet.
For now, the machine is clad in a clean, white colour, but it will soon be decked out in a Decentral-themed façade.
Why buy bitcoins at Decentral and not elsewhere?
Unlike some BTMs, ours always have bitcoins. On the occasion of the machine facing technical difficulties, we will help you buy or sell bitcoins manually. If you’re buying your first bitcoin, there’s always someone to help you out. In other words, at Decentral we provide our customers with a white-glove service.
As always, all you need to perform a transaction are your phone that can receive texts, a Bitcoin wallet and some cash. If you need more information on how to buy bitcoins in Toronto — such as how much you can buy or sell, which wallet to use, etc. — our recently updated FAQ page would be helpful.
We’ll soon be unveiling some changes to better serve you (including opening our ATM after hours) so stay tuned for more updates!