Due to Bitcoin's high price volatility, we wait until you are at our office to lock price. As a buyer, once you pay we immediately send the Bitcoin to your wallet. As a seller, once you send us the Bitcoin, we immediately cash you out via your preferred method (cash, e-transfer, etc.)
We are transparent about our fees and never try to hide them from you. We take a single fee per trade, which is a percentage applied to the market price of Bitcoin. This percentage falls as the size of the trade rises. Let's say the rate is 3%. For buyers, this means we are selling you Bitcoin at 3% above spot price. For sellers, this means we are buying Bitcoin from you at 3% below spot price.
First, contact us and let us know which digital currencies you are looking to buy or sell, how much, and when. Our fee schedule can tell you the rate you'll be offered depending on the amount being purchased or sold. We'll then schedule a time for you to come down to our office for the trade. Note that this isn't always necessary; trades can also be done remotely via e-transfer, internal bank transfer, and wire.
Once you arrive at out office, we will lock the price for the coin(s) you are buying or selling, using the current market spot price. If you are spending $5000 on Bitcoin, for example, now we can calculate how much Bitcoin you'll be receiving. On the other hand, if you are selling 0.25 Bitcoin, for example, then we can now calculate how much we owe you.
We are transparent about our fees and never try to hide them from you. Our fees range from 2% to 5% depending on the size of the trade. We take a single fee per trade, which is a percentage applied to the amount being purchased or sold. This percentage falls as the size of the trade rises. Continue below for examples.