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Using a Bitcoin ATM for the first time is simple - but knowing what to bring can make the process even smoother. Whether you're buying Bitcoin with cash, having a few things ready ahead of time can help you avoid delays and complete your transaction quickly. Here’s a quick checklist. What You Need to Bring Most Bitcoin ATM transactions are straightforward, but you’ll typically need: A smartphone A Bitcoin wallet Cash A phone number for verification Your phone is used to recei

As April comes to an end, tax season is top of mind for many Canadians. If you’ve bought Bitcoin - or are planning to - you may be wondering how crypto is taxed and what you actually need to report. Here’s what Canadians should know. How Crypto Is Treated in Canada In Canada, cryptocurrency is treated as a commodity. This means your crypto activity may be taxed depending on how you use it. The Canada Revenue Agency (CRA) generally applies two types of taxation: Capital gains

If you’re new to crypto, safety is probably your biggest concern. You’ve likely seen headlines about scams or heard warnings about fraud. So naturally, you might be wondering: are Bitcoin ATMs actually safe? The short answer is yes - when used correctly and with a trusted provider. Here’s what you need to know. The Machine Itself Is Not the Risk A Bitcoin ATM is simply a device that connects you to the blockchain. When used properly, it: • Sends Bitcoin directly to your walle

If you’ve used — or are planning to use — a Bitcoin ATM, you may have noticed something: there are limits. Why do Bitcoin ATMs have limits, and how much can you actually buy or sell? Here’s what Canadians should know. Why Bitcoin ATMs Have Limits Bitcoin ATM operators in Canada must comply with FINTRAC regulations. These rules are designed to: Prevent fraud Reduce money laundering risk Protect customers Ensure proper financial reporting Transaction limits are part of that com

Buying Bitcoin gets most of the attention. But eventually, many people ask the opposite question: how do I sell Bitcoin and turn it back into cash? Whether you're taking profits, covering expenses, or simply rebalancing your portfolio, selling Bitcoin in Canada is straightforward when you use a trusted provider. Here’s how it works. Option 1: Sell Bitcoin at a Bitcoin ATM Some Bitcoin ATMs allow you to sell Bitcoin and receive cash in return. The general process looks like th

If you’re looking to buy Bitcoin in Canada, you’ll quickly notice there are two main options: using a Bitcoin ATM or buying through an online crypto platform. Both methods allow Canadians to purchase digital assets, but the experience can differ depending on what you value most - convenience, speed, accessibility, or fees. Some people prefer the simplicity of using a Bitcoin ATM, while others prefer the flexibility of buying online. Understanding how each option works can hel

If you’re planning to use a Bitcoin ATM in Canada, you might be wondering: Do I need to show ID? The short answer: in most cases, yes — depending on the amount you’re buying or selling. Here’s how identification works when using Bitcoin ATMs in Canada. Why ID Is Required Bitcoin ATM operators in Canada must follow regulations set by FINTRAC (Financial Transactions and Reports Analysis Centre of Canada). These rules exist to: • Prevent fraud • Reduce money laundering • Protect

One of the most common questions new buyers ask is simple: Why are Bitcoin ATM fees higher than exchange fees? It’s a fair question. And the answer isn’t hidden — but it’s often misunderstood. Here’s what you’re actually paying for when you use a Bitcoin ATM in Canada. Convenience and Accessibility Bitcoin ATMs allow you to: Buy Bitcoin instantly Use physical cash Avoid linking a bank account Complete a transaction in minutes That level of accessibility comes with operational

If you’re looking to buy Bitcoin with cash in Canada, you’re not alone. Many Canadians prefer using cash for privacy, simplicity, or convenience. While many crypto platforms focus on online payments and bank transfers, buying Bitcoin with cash is still very possible — and surprisingly straightforward. Here’s exactly how it works. Step 1: Find a Trusted Bitcoin ATM The most common way to buy Bitcoin with cash in Canada is through a Bitcoin ATM network like HoneyBadger. Bitcoin

If you’re new to crypto, you’ve probably noticed one thing right away: there’s a lot of noise . Some people act like buying Bitcoin is as simple as downloading an app and hitting “buy.” Others warn you that crypto is full of scams, sketchy platforms, and confusing fees. And honestly? Both can be true. In 2025, Canadians lost over $103 Million to crypto-related scams. That’s why one factor matters more than anything else when you’re buying crypto: Trust. Because in crypto, you

In 2026, Bitcoin adoption in Canada looks very different than it did a few years ago. Instead of rushing to buy large amounts or trying to time the market, more Canadians are choosing a simpler approach: buying small amounts of Bitcoin over time. This shift makes sense. Bitcoin is no longer viewed as just a speculative asset for early adopters. For beginner crypto investors, it’s becoming a practical way to learn about cryptocurrency, diversify savings, and explore a new fina

Crypto is evolving fast. Learn the 5 most important crypto buzzwords for 2026 — including Bitcoin ETFs, DeFi, and real-world asset tokenization.

On January 12, 2009, the first Bitcoin transaction ever took place.

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Learn how the Bitcoin Lightning Network enables instant, low-fee payments. Explore what Lightning is, how it works, and why it’s transforming real-world Bitcoin use.

Learn how the Bitcoin Lightning Network enables instant, low-fee payments. Explore what Lightning is, how it works, and why it’s transforming real-world Bitcoin use.

Discover why the traditional four-year crypto cycle is changing in 2025. Learn how institutional adoption, market evolution, and shifting altcoin trends are reshaping Bitcoin’s growth patterns.

Bitcoin isn’t just for tech circles or online investors anymore. It's becoming part of daily life right here in Vancouver. From coffee to wellness to craft beer, local businesses are embracing Bitcoin and the Lightning Network for instant, low-fee, and secure payments.

Discover how the cryptocurrency industry is becoming greener through energy-efficient networks, renewable-powered mining, and smart partnerships with clean energy. Learn how these sustainability developments are shaping the future of crypto and how HoneyBadger Bitcoin is part of that change.