If you're planning to use a Bitcoin ATM in Canada, you've probably asked the most practical question of all: do I actually need to show ID? The honest answer is that it depends on how much you transact — and the rules exist to keep both you and the network safe.
The thresholds that matter
HoneyBadger ATMs operate under FINTRAC, the federal body that oversees money services businesses in Canada. Verification scales with transaction size, so small, casual purchases stay quick while larger amounts require more confirmation.
- Small transactions: a mobile number and SMS verification are usually all you need to get started.
- Mid-range transactions: expect to scan a government-issued photo ID at the machine.
- Larger transactions: additional details such as proof of address or source of funds may be requested.
Why the rules are a good thing
Identity checks are not red tape for its own sake. They make it far harder for stolen funds to move through the system, they protect you if a transaction is ever disputed, and they keep regulated operators like HoneyBadger able to serve customers across the country.
Verification is the price of a system that can be trusted — and that trust is exactly what makes self-custody worth it.
What to bring
Come with a charged phone, a valid photo ID, and the wallet address you want your crypto sent to. If you're buying a larger amount, having a recent utility bill handy can save you a second trip.
