At our Bitcoin ATM in Surrey you can buy Bitcoin and other popular cryptocurrency, such as Ethereum and Litecoin, with cash. With Canada's largest network of Bitcoin ATMs, Localcoin is a Toronto-based company whose mission is to provide a simple buying & selling experience of digital currency for customers while upholding privacy standards across North America.
Worst service to buy bitcoin from. No mention of fees at all whatsoever.. until the bitcoin is in your wallet and you calculate yourself..I spent 800 dollars and only received 650 dollars worth of bitcoin.. 150 dollars was held back.. considering that every online source would only charge around 5-10 dollars in fees..and these people are not transparent regarding their fees, I call this a scam..
Frequently Asked Questions About Localcoin Bitcoin ATM - Time Out Baskin Robbins
What is Localcoin?
Localcoin is Canada’s largest cryptocurrency ATM network that enables customers to buy cryptocurrency with cash at a physical location. Customers can visit one of our 950+ physical ATMs at our retail locations, composed primarily of convenience stores and gas stations.
What is Bitcoin?
Bitcoin is a decentralized digital currency, meaning it is not controlled by any government or central bank. Bitcoin can be used to buy goods and services online, and can also be held as an investment. Each Bitcoin is like a computer file that is stored in a 'digital wallet' app on a smartphone or computer. People can send Bitcoins to your digital wallet, and you can send Bitcoins to other people. Every single transaction is recorded in a public list called the blockchain.
What is a Bitcoin ATM?
A Bitcoin ATM is a machine that enables users to buy Bitcoin and other cryptocurrencies using cash. It functions similarly to a traditional ATM, enabling users to deposit cash and receive Bitcoin in their wallet, or sell bitcoin and receive cash.
How do I use a Bitcoin ATM?
Step 1: Get a Bitcoin Wallet:
We recommend the following easy-to-use Bitcoin wallets downloadable from your app store: Trust Wallet, Exodus or Coinbase Wallet
You'll need to take this wallet (or a printed QR code) with you, to the machine.
Step 2: Visit a Localcoin Bitcoin ATM
All you need is your wallet’s address, QR code and cash!
Step 3: At the Machine
a. Tap the machine's touchscreen, then read the on-screen prompt.
b. Select your desired cryptocurrency. (Bitcoin, Ethereum, LTC, etc.)
c. In your wallet, find the QR code. This tells the machine where to send your Bitcoin once you've confirmed your purchase.
d. Hold it up to the machine's camera and wait for it to be scanned.
Step 4: Purchasing Your Bitcoins
a. After scanning the QR code, insert your CAD bills.
b. Confirm the amount on the screen to complete your purchase.
c. Please note that there will be a service fee, which varies based on the Bitcoin market.
Step 5: Receiving Your Bitcoins
Once you've confirmed your purchase, your Bitcoins will be sent to the address you provided.
Transactions are usually instantaneous but may take anywhere between 10–30 minutes, or even 1–2 hours in rare cases.
What is a Bitcoin/Crypto Wallet and how do I get one?
A crypto wallet is a necessary part of holding and transacting crypto coins. To send or receive any kind of coin, you’ll need a secure wallet that’s just for cryptocurrency. These specialized wallets:
1. Exist to keep track of coin ownership
2. Help generate the public addresses you’ll need to make transactions.
3. Don’t hold your coins like a traditional wallet does; instead, your Bitcoin, Ether, Litecoin, etc. all exist on the blockchain — your crypto wallet simply gives you access to them.
You can download a crypto wallet from your app store, some easy-to-use mobile wallets include BRD Wallet, Bitpay, and Blockchain.
What are the limits for purchasing Bitcoin?
The minimum amount of Bitcoins (and other coins) you can buy from a Localcoin ATM is $20 CAD. The maximum is $995 per transaction, with at most 5 transactions per day.
What payment methods are accepted?
We only accept Canadian cash bills. For other payment methods such as debit/credit cards, you can purchase online by visiting our website at localcoinatm.com
What other cryptocurrency coins do you sell at your Bitcoin ATMs?
We sell Bitcoin, Litecoin, Ethereum, Cardano, Dogecoin, Shiba Inu, Ripple, USDC, and Tether at our ATMs.
What is Localcoin and what services does it provide?
Localcoin is Canada's largest cryptocurrency ATM network, offering over 950 physical ATMs at retail locations, mainly convenience stores and gas stations, where customers can buy cryptocurrency with cash.
How can I buy Bitcoin at the Surrey Localcoin ATM?
Visit the Localcoin Bitcoin ATM at 6351 152 St, Surrey. Bring your Bitcoin wallet or a printed QR code and cash. Follow the on-screen prompts to scan your wallet QR code, insert cash, and confirm your purchase.
Which cryptocurrencies are supported at the Localcoin Bitcoin ATM?
The ATM supports Bitcoin, Litecoin, Ethereum, Cardano, Dogecoin, Shiba Inu, Ripple, USDC, and Tether.
What are the operating hours of the Localcoin Bitcoin ATM in Surrey?
The ATM is open Monday to Thursday from 9:30 AM to 10:00 PM, Friday and Saturday from 9:30 AM/10:00 AM to 11:00 PM, and Sunday from 10:00 AM to 10:00 PM.
What payment methods are accepted at the Localcoin Bitcoin ATM?
Only Canadian cash bills are accepted for transactions at the ATM. For other payment methods like debit or credit cards, customers should use the online platform on localcoinatm.com.
Are the Localcoin Bitcoin ATM premises wheelchair accessible?
Yes, the ATM has wheelchair accessible entrance and parking to accommodate customers with mobility needs.
What are the transaction limits when buying Bitcoin at the Localcoin ATM?
The minimum purchase amount is $20 CAD. The maximum per transaction is $995 CAD, with a maximum of 5 transactions allowed per day.
Can I find other useful services near the Localcoin Bitcoin ATM at 6351 152 St, Surrey?
Yes, nearby you can find services such as Sullivan Physiotherapy Clinic, Doria Salon for beauty needs, and Sullivan Pharmacy Inc. for health-related purchases.
Where can I get food or drinks near the Localcoin Bitcoin ATM in Surrey?
Nearby food and drink options include Baskin Robbins for ice cream, Golden Panda Chinese food, New York New York Greek Restaurant, and Starbucks coffee shop, all conveniently close to the ATM.
How can nearby landmarks help me locate the Localcoin Bitcoin ATM in Surrey?
The ATM is located near well-known spots like Baskin Robbins and Doria Salon. Customers can use these nearby places as reference points when finding the ATM at 6351 152 St, Surrey.