At our Bitcoin ATM in Vancouver 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.
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 offer at the Vancouver location?
Localcoin is Canada's largest cryptocurrency ATM network, allowing customers to buy cryptocurrency with cash at physical retail locations like convenience stores and gas stations. The Vancouver location at 145 E Broadway enables customers to buy and sell Bitcoin and other popular cryptocurrencies using cash.
What are the operating hours of the Localcoin Bitcoin ATM at Sherry Convenience?
The ATM is open Monday to Saturday from 7:00 AM to 2:00 AM and on Sunday from 8:00 AM to 2:00 AM, providing convenient extended hours for customers.
How can I use the Bitcoin ATM at Sherry Convenience to purchase cryptocurrency?
First, get a crypto wallet like Trust Wallet or Coinbase Wallet. Then visit the ATM with your wallet's QR code and cash. At the machine, select your cryptocurrency, scan your wallet’s QR code, insert cash, confirm the amount, and your cryptocurrency will be sent to your wallet—usually instantly but sometimes up to 1-2 hours.
What cryptocurrencies can I buy at this Localcoin Bitcoin ATM?
You can buy Bitcoin, Litecoin, Ethereum, Cardano, Dogecoin, Shiba Inu, Ripple, USDC, and Tether at the ATM located at Sherry Convenience in Vancouver.
What are the purchase limits at this cryptocurrency ATM?
The minimum purchase amount is $20 CAD and the maximum is $995 per transaction, with a maximum of 5 transactions per day.
What payment methods are accepted at the Localcoin Bitcoin ATM?
Only Canadian cash bills are accepted at the ATM. For payment via debit or credit cards, customers can use the Localcoin website to purchase cryptocurrency online.
Is the Localcoin Bitcoin ATM at Sherry Convenience wheelchair accessible?
Yes, the location has a wheelchair accessible entrance, ensuring ease of access for customers with mobility needs.
What nearby places can I visit before or after using the Localcoin Bitcoin ATM?
Nearby spots include Radical Storage for luggage storage, Sherry Vape Zone for electronics and accessories, and several restaurants like Chutney Villa South Indian Cuisine, Tatta Chulha, and Congee Noodle House where you can enjoy a meal before or after your visit.
How can nearby transit options help me get to the Localcoin Bitcoin ATM at Sherry Convenience?
The Bus Stop 58500 (99) is close to the ATM, providing convenient public transit access for customers traveling to and from the location.
Are there any nearby services for currency exchange or other financial needs near the Localcoin Bitcoin ATM?
Yes, nearby services include J & M Coin & Jewellery which offers currency exchange, dry cleaning, and jewelry store services, and other ATMs like Coinsite for additional ATM access.