Business Details
About
ATMCryptocurrency ATM
Bitcoin ATM located in Copperside Foods Petro Canada. You can buy Bitcoin and other popular cryptocurrency at our ATM with cash. 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
Location
Localcoin Bitcoin ATM - Copperside Foods Petro Canada
3002 British Columbia 16, Thornhill, BC
V8G 3N5, Canada
Hours
Frequently Asked Questions About Localcoin Bitcoin ATM - Copperside Foods Petro Canada
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 Trust Wallet and Blue Wallet.
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 offer?
Localcoin is Canada’s largest cryptocurrency ATM network that allows customers to buy cryptocurrency with cash at over 950 physical ATMs located mainly in convenience stores and gas stations.
What cryptocurrencies can I buy at the Localcoin Bitcoin ATM at Copperside Foods Petro Canada?
You can buy Bitcoin, Litecoin, Ethereum, Cardano, Dogecoin, Shiba Inu, Ripple, USDC, and Tether at the ATM.
How do I use the Bitcoin ATM at Copperside Foods Petro Canada to purchase cryptocurrency?
Download a crypto wallet app such as Trust Wallet, Exodus or Coinbase Wallet. Visit the ATM with your wallet's QR code and cash. Select your cryptocurrency, scan your wallet QR code at the machine, insert cash, confirm purchase, and your coins will be sent to your wallet address within minutes.
What are the purchase limits when buying Bitcoin at this ATM?
The minimum purchase amount is $20 CAD and the maximum is $995 per transaction, with up to 5 transactions allowed per day.
Does the Localcoin Bitcoin ATM at Copperside Foods Petro Canada accept payment methods other than cash?
No, the ATM only accepts Canadian cash bills. For other payment methods like debit or credit cards, purchases can be made online via the Localcoin website.
What are the operating hours of the Localcoin Bitcoin ATM at Copperside Foods Petro Canada?
The ATM is accessible 24 hours a day, 7 days a week, so you can buy cryptocurrency any time.
Where is the Localcoin Bitcoin ATM located in Thornhill?
It is located at 3002 British Columbia 16, Thornhill, BC V8G 3N5, inside Copperside Foods Petro Canada gas station.
Are there other ATMs near the Localcoin Bitcoin ATM at Copperside Foods Petro Canada?
Yes, there are several nearby ATMs including RBC Royal Bank ATM and Bitcoin Depot Bitcoin ATMs, which could be options for cash withdrawals or cryptocurrency transactions.
What nearby places could I visit before or after using the Localcoin Bitcoin ATM?
Nearby you can visit Mia Pizza for a meal, Mullivan's Barber Shop for grooming, or the Holiday Inn Express & Suites Terrace for accommodations, making it convenient to combine errands or leisure with your cryptocurrency needs.
How can nearby gas stations help when visiting the Localcoin Bitcoin ATM?
The ATM is inside Copperside Foods Petro Canada gas station, and nearby gas stations like Husky, Petro-Canada, and Esso Canada provide additional convenience for fueling your vehicle while conducting your cryptocurrency transactions.