Categories: Crypto

QuickBT Enables Option To Buy Bitcoin With Cash

Getting Bitcoin into the hands of as many consumers remains the top priority for companies active in the cryptocurrency space. QuickBT, a platform where users can buy Bitcoin in exchange for cash, has been serving Canadians through debit payments. Not too long ago, the company added an option to purchase BTC with cash at physical locations as well.

QuickBT Becomes More Versatile With Its Offering

Obtaining Bitcoin in Canada has become a lot easier over the past few years. Despite popular exchange CaVirtex shutting down a year or so ago, there have been other ways to purchase cryptocurrency without much friction. As is always the case when events like these occur, there will be entrepreneurs waiting to take the place of the company that has disappeared.

Albeit Canada is home to quite a few Bitcoin ATMs to date, there is always room for more competition in the market. QuickBT, a Bitcoin exchange platform, has been offering their service for a while now. Canadians have been able to purchase Bitcoin with Debit, as long as the acquisition was equal to CA$ 150 or less.

But not everyone wants to use that particular service, and there is a growing demand for cash-based options. This has to lead QuickBT to accept cash payments as well. To be more precise, the company announced on Twitter Canadians can now purchase Bitcoin with cash at nearly 4,000 locations throughout the country.

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The company prides itself on completing Bitcoin purchases within minutes or hours, rather than days. Once the customer makes the payment, QuickBT will do what they can to send out the funds as soon as possible. They also offer a Bitcoin buying service, based on the latest market price. Moreover, the company is also compliant with regulations and laws in Canada.

To purchase Bitcoin with cash from QuickBT, users will need to obtain a Flexepin voucher. These products have been in circulation in Canada since 2015, and can be purchased at grocery and convenience stores, as well as gas stations. Every card has a fixed balance, and the associated pin code can be used to complete the purchase through QuickBT.

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JP Buntinx

JP Buntinx is a FinTech and Bitcoin enthusiast living in Belgium. His passion for finance and technology made him one of the world's leading freelance Bitcoin writers, and he aims to achieve the same level of respect in the FinTech sector.

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