Frequently Asked Questions

Crypto & Currency Exchange You Can Trust

BitTrust provides secure cryptocurrency exchange and foreign currency exchange services across Ontario. Below are answers to the most common questions about our services, verification process, payment methods, and transactions.


What is BitTrust?

BitTrust is a Canadian cryptocurrency and currency exchange company offering secure in-person crypto exchange and foreign currency exchange services across Ontario.


Is BitTrust registered in Canada?

Yes. BitTrust Inc. is a Canadian-registered Money Services Business (MSB) registered with FINTRAC under registration number M21441278.


What services does BitTrust offer?

BitTrust offers:

  • Cryptocurrency buying and selling
  • Foreign currency exchange
  • OTC crypto transactions
  • Cash crypto transactions
  • In-person crypto support
  • Wallet setup assistance for beginners

What is KYC?

KYC (“Know Your Customer”) refers to the identity verification process required by financial institutions and regulated businesses. BitTrust performs identity verification to comply with Canadian anti-money laundering and compliance regulations.


How does the KYC verification process work?

Customers are required to provide valid government-issued photo identification, including:

  • Passport
  • Driver’s Licence
  • Provincial Photo ID

Additional verification may be required depending on the transaction amount and compliance requirements.


How long does ID verification take?

BitTrust uses an instant verification system, allowing most customers to be verified within minutes.


Can international visitors buy or sell cryptocurrency at BitTrust?

Yes. International visitors may complete transactions using valid government-issued identification such as a passport, subject to compliance review and transaction monitoring requirements.


How can I buy cryptocurrency?

You can buy cryptocurrency instantly by visiting one of our BitTrust locations across Ontario, including Toronto, Mississauga, Thornhill, and Hamilton. Our staff will guide you through the process from start to finish.


How can I sell cryptocurrency?

You can sell cryptocurrency at any BitTrust location. Once the transaction has been confirmed, payment is processed quickly and securely.


Which cryptocurrencies can I buy or sell at BitTrust?

BitTrust supports a wide range of cryptocurrencies, including:

  • Bitcoin (BTC)
  • Ethereum (ETH)
  • Tether (USDT)
  • Solana (SOL)
  • XRP
  • Dogecoin (DOGE)
  • Shiba Inu (SHIB)
  • Cardano (ADA)
  • BNB
  • Polygon (MATIC)

And many other popular digital assets.


What payment methods does BitTrust accept?

Payment methods may vary depending on verification level and transaction size. Available payment methods include:

  • Cash
  • Debit Card
  • E-Transfer
  • Wire Transfer (for eligible OTC transactions)

Can I receive cash for my cryptocurrency?

Yes. Eligible customers can receive cash for cryptocurrency transactions completed at our locations.


How long does a cryptocurrency transaction take?

Most cryptocurrency transactions are completed instantly or within the same day after payment and verification are confirmed. Processing times may vary depending on blockchain network activity.


How much cryptocurrency can I buy or sell?

Customers can:

  • Buy cryptocurrency starting from $500 CAD to over $10,000 CAD
  • Sell cryptocurrency starting from $100 CAD to over $10,000 CAD

BitTrust also supports high-volume OTC transactions for larger amounts.


Can I buy or sell large amounts of cryptocurrency?

Yes. BitTrust offers OTC services designed for large cryptocurrency transactions with personalized pricing, privacy, and dedicated support.


Does BitTrust hold customer funds or wallets?

No. BitTrust does not provide ongoing custodial services and does not hold customer wallets or private keys outside the execution of transactions. Customers remain responsible for the security of their own wallets and assets.


Is BitTrust safe?

Customer security is one of our highest priorities. BitTrust uses secure verification procedures, compliance monitoring, and in-person support to help provide a safe and professional transaction experience.


I’m new to cryptocurrency. Can BitTrust help me?

Absolutely. Our team is happy to help beginners understand cryptocurrency, answer questions, and assist with setting up a secure crypto wallet.


Does BitTrust provide financial or investment advice?

No. BitTrust does not provide financial, investment, legal, or tax advice. Customers are responsible for their own financial decisions and transactions.


Does BitTrust charge fees?

Yes. Transaction fees and exchange rates vary depending on transaction amount, payment method, and market conditions. Larger transactions may qualify for better pricing and lower fees.


What foreign currencies does BitTrust exchange?

BitTrust offers foreign currency exchange services for a wide range of international currencies, including:

  • USD – US Dollar
  • EUR – Euro
  • GBP – British Pound
  • AED – UAE Dirham
  • SAR – Saudi Riyal
  • INR – Indian Rupee
  • PKR – Pakistani Rupee
  • CNY – Chinese Yuan
  • JPY – Japanese Yen
  • KRW – Korean Won

And many more global currencies.


Do I need an appointment to visit BitTrust?

Walk-ins are welcome at most BitTrust locations. However, for large cryptocurrency or currency exchange transactions, contacting us in advance is recommended.


Which BitTrust locations are available?

BitTrust currently serves customers across Ontario, including:

  • Toronto
  • Mississauga
  • Thornhill
  • Hamilton

Are cryptocurrency transactions reversible?

No. Cryptocurrency transactions conducted on blockchain networks are generally irreversible once confirmed. Customers are responsible for ensuring wallet addresses and transaction details are accurate before completing a transaction.


What risks should I know before buying cryptocurrency?

Cryptocurrency markets are highly volatile and prices may change rapidly. Customers should understand the risks associated with digital assets before completing any transaction. BitTrust does not guarantee profits or investment returns.


How can I contact BitTrust?

You can contact BitTrust by phone, email, or by visiting one of our Ontario locations. Our team is available to assist with cryptocurrency exchange, currency exchange, and general inquiries.