Bayview and Fleming
Crypto Fast kiosk (Twitter / @CryptoFastca)
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The firm Crypto Fast is tweeting that it has installed a bitcoin machine at Bayview Jug Milk at Bayview Ave. and Fleming Crescent. Crypto Fast uses the term ATM, as many do, but others say they are correctly called merely kiosks because they do not function like bank ATMs. This Wikipedia article is useful in educating yourself about how such machines are used, and the caution that should be employed. Among other things, it deals with the murky world of money muling. Bitcoin kiosks have also been used as a tool by phone scammers to induce victims to send money that is untraceable by the authorities. Oh yes, you can buy a bitcoin today for $10,173.98 Canadian, if you have that lying around.
It should also be know you can buy a fraction of a bitcoin you don’t have to buy a full bitcoin.
BTC is a world recognized asset class. Yes, some people use it for criminal things but regular fiat money is also used for criminal things. I am the operator of this ATM (also a leaside local) and can assure you everything is done in accordance with the Canadian law. 🙂 Thanks for the write up.
Feel free to email me with any questions: support@cryptofast.ca