Buy bitcoin with cash
Turn physical cash into bitcoin using Bitcoin Well’s ATM network and online platform.
Buy bitcoin with cash
Deposit cash at a Bitcoin Well ATM and add it to your online Portal account as a Cash Voucher.
Redeem it online when you're ready to buy bitcoin directly to your personal wallet.
What is a Cash Voucher?
A Cash Voucher lets you insert physical cash into a Bitcoin Well ATM and have that value credited to your online Bitcoin Well account.
Think of Cash Vouchers like a prepaid gift card
Its cash value is held inside your Bitcoin Well account until you redeem it to buy bitcoin.
From cash to bitcoin
A few extra steps gives cash buyers access to the Bitcoin Well Portal instead of completing the entire purchase at the ATM.
Step 1
Create your Bitcoin Well account
Cash Vouchers work with Lite Accounts, which only require an email address.
Step 2
Find your Cash Voucher QR code
Your QR code is found in the "Buy Bitcoin" section in your Bitcoin Well account.
Step 3
Find the nearest Bitcoin Well ATM
Choose the "MY PORTAL" option, scan your QR code, and insert cash.
Step 4
Complete the transaction
The Cash Voucher appears in your online account, ready to be redeemed for bitcoin.
Start with just an email
To use a Lite Account at Bitcoin Well, all you need is an email address and a personal bitcoin wallet.
Buy a Cash Voucher at a Bitcoin Well ATM, redeem it in your Lite Account, and have bitcoin delivered directly to your own wallet.
$950 CAD
per transaction
$4,950 CAD
per day
Know what you’ll pay
The cash-to-bitcoin path through a Lite Account has two parts: the Cash Voucher fee at the ATM, then the Lite Account purchase spread when you redeem.
3%
Cash Voucher fee
Applied when you purchase the Cash Voucher at a Bitcoin Well ATM.
4%
Lite Account spread
Applied when you redeem the voucher for bitcoin through the Portal.
~7%
Approximate total fees
Combined 3% + 4% fees to buy bitcoin with Cash Vouchers + Lite Account.
Why use Cash Vouchers?
Start with just an email
Lite Accounts that only require an email address can use Cash Vouchers to buy bitcoin online.
No bank transfer required
Fund the purchase with physical cash instead of an Interac e-Transfer or bank-linked funding method.
A lower-cost alternative
Cash Vouchers reduce the cost of buying bitcoin with cash compared with typical Bitcoin ATM fees.
Redeem when you are ready
Cash Vouchers do not expire, and the bitcoin price is determined when the voucher is redeemed.
Bitcoin goes to your wallet
Redeem using Lightning or on-chain delivery and receive bitcoin directly in your own wallet.
When do Cash Vouchers make the most sense?
- You have physical cash you want to use to buy bitcoin.
- You want a lower-cost alternative to Bitcoin ATMs.
- You want bitcoin delivered directly to your own wallet.
- You have a Lite Account at Bitcoin Well.
- You prefer not to fund the purchase through your bank.
Find a Cash Voucher ATM
Cash Vouchers are available at most Bitcoin Well ATMs across Canada.
Where cash meets the Bitcoin Well platform
Bitcoin Well operates both an online non-custodial platform and a Bitcoin ATM network in Canada.
Cash Vouchers connect these two systems.
A Bitcoin ATM purchase
You scan your wallet address, insert cash, and buy bitcoin on the spot.
A Cash Voucher purchase
Physical cash becomes redeemable value inside your Bitcoin Well account.
Frequently asked questions
Ready to buy bitcoin with cash?
Create a Lite Account, find a participating Bitcoin Well ATM in Canada, and turn cash into bitcoin with Cash Vouchers.