Current Bitcoin Price:
$0 CAD / $0 USD

Who are BitBrokers?

We are a technology company located in Victoria, BC. Our mission is to make it easier for people and businesses to use Bitcoin.

Looking to buy or sell Bitcoin? Use our convenient ATM in downtown Victoria at 1312 Government St (across from Starbucks on Government and Yates)

Do you want to accept Bitcoin at your business? Contact us directly to get set up.

What is Bitcoin?

Bitcoin is a virtual currency system that works without banks or other middle-men. You can pay for goods with Bitcoin the same as you would cash, however Bitcoin cannot be cheated by inflation like government-issued currencies. Sending or receiving Bitcoin is easy - simply scan a bitcoin QR code with your mobile phone. More companies and websites are also beginning to accept Bitcoin because of it's low fees, convenience and no chargebacks.

Who uses Bitcoin?

More companies are starting to accept Bitcoin every day - including some major companies like Dell Computer, Expedia Travel, Overstock.com, TigerDirect.com and Dish Network. Websites that accept payment in Bitcoin pay zero fees, compared to the 2-3% fee charged by credit card companies. In the highly competitive online marketplace where margins are slim - this 2-3% is a big deal. As a result, Bitcoin is becoming rapidly adopted by more and more companies worldwide. Popular Bitcoin payment processor BitPay now reports that they handle over a million dollars per day worth of Bitcoin transactions. There are over 63,000 merchants accepting Bitcoins worldwide as of July 2014.

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Bitcoin ATM - 1312 Government St, Victoria, BC

Our Bitcoin ATM will be located at Hemp & Company Clothing at 1312 Government St across from Starbucks in Downtown Victoria. The ATM is available during store hours 7 days a week till 6pm or 9pm. Hemp & Company also accepts Bitcoin as payment if you want to give it a try!

Summer Hours of Operation

Sunday 11am - 6pm
Monday 10am - 6pm
Tuesday 10am - 6pm
Wednesday 10am - 6pm
Thursday 10am - 9pm
Friday 10am - 9pm
Saturday 10am - 6pm

How does it work?

Simple! To buy Bitcoin, just verify your ID with the ATM and deposit cash. You can have the Bitcoin sent to any wallet you choose, for example a wallet on your smartphone or your computer.

To sell Bitcoin, simply send bitcoin to the address of the ATM. A claim ticket will be printed - Relax and enjoy a coffee at Murchies or Starbucks across the street. After 1 confirmation (about 10-15 minutes) you can redeem the claim ticket for cash dispensed from the ATM.

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Bitcoin is a digital currency you can use for personal transactions or business at high speed and low cost.

Anyone can send or receive bitcoin instantly using a mobile device. No banks. No fees. No limits.

Benefits of Bitcoin:

Send money to anyone worldwide instantly.
No banks, governments or fees.
Decentralized network can never be shut down
Fixed supply of bitcoin means no inflation.
Convenient : Use your mobile phone to pay.

Frequently Asked Questions :

Who owns or controls Bitcoin?

Nobody. Much like the internet, bitcoin is decentralized and not owned or controlled by any one organization. It consists of a network made up of millions computers (known as miners) around the world. Because of it's distributed nature, the Bitcoin network cannot be shut down by any one person or government. At the moment, the computing power of the Bitcoin network exceeds the computing power of the top 500 supercomputers in the world combined.

How can I get bitcoin?

You can buy Bitcoin with cash using an ATM or wire money from your bank to an online exchange like CoinTrader.net or Bitstamp. You can also purchase Bitcoin from someone locally in person by giving them cash.

What can I do with Bitcoin?

You can spend Bitcoin at a growing number of merchants both online and offline. You can also send Bitcoin to any individual person direct. Owe Hayden $20 for Pizza? Send him Bitcoin with your mobile phone.

How do I send someone Bitcoin?

First you need a bitcoin wallet. Wallets are free, anonymous and only take a few minutes to setup. To install a wallet on your computer (Mac or PC) download Multibit at https://multibit.org/ For Android devices, download the Blockchain.info app from the Google Play store. For iPhone, download the "bitWallet" app from the App store.

Once you have your wallet installed, you need to put in some bitcoins. Visit a Bitcoin ATM or ask a friend to send you some. Now that you're set up with a wallet, you can scan a QR code to pay at a business or scan a friend's QR code to send them money direct!

Why is Bitcoin better than a credit card?

Your credit card number can be easily stolen by anyone you give it to online or offline. Bitcoin turns the tables and gives you the control - if you send payment via Bitcoin the transaction is one-time and permanent, protecting both the sender and recipient. Credit cards also charge high seller fees which most sellers pass on to customers in the form of higher prices.

Still confused?

Here's a website that explains Bitcoin in simple terms.

And here's a great article that explains the concept behind Bitcoin even more simply.

What is Bitcoin? Here are a few short videos.

Want to see how deep the rabbit hole goes?

If you are a merchant and want to accept Bitcoin at your business please contact us directly for more info.

List of Merchants who accept Bitcoin:

Also check out www.coinmap.org for a map showing worldwide Bitcoin-accepting business locations.

In Victoria:

Cabin 12 Restaurant - 3111 Cedar Hill Rd
Hemp & Company - 1312 Government St
Cavity Curiosity Shop - 556 B Pandora Ave
All Things Luxury - 1644 Hillside Ave (online store)
Slater's Meats - 2577 Cadboro Bay Rd

On the Internet:

Dell Computer
NewEgg - World's largest online computer/electronics retailer
1-800-FLOWERS - major online flower retailer
Dish Network - major American satellite TV service provider
Tiger Direct - Online electronics/computer retailer
Overstock.com - major online retailer
Shopify.com - Over 14,000 online retailers
Zynga - Online gaming
OKCupid.com - Online personal ads
Reddit.com - The front page of the internet
Wordpress.com - Online web design and hosting
Microtronix web hosting, VPS services

Coming Soon:

Netflix - online TV and movies
Amazon.com - The world's largest online retailer

You can reach us by email at info@bitbrokersinc.com or by filling out the form below.
For media inquiries, please use media@bitbrokersinc.com

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Useful Bitcoin links:

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