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 provide?
Localcoin is Canada’s largest cryptocurrency ATM network that allows customers to buy cryptocurrency with cash at over 950 physical ATM locations, mainly in convenience stores and gas stations.
What cryptocurrencies can I buy at the Localcoin Bitcoin ATM in Vancouver?
You can buy Bitcoin, Litecoin, Ethereum, Cardano, Dogecoin, Shiba Inu, Ripple, USDC, and Tether at Localcoin Bitcoin ATMs.
What are the operating hours of the Localcoin Bitcoin ATM at 109 W Cordova St, Vancouver?
The ATM is open Monday to Friday from 8:00 AM to midnight, and on Saturday and Sunday from 9:00 AM to midnight.
How do I use a Bitcoin ATM to purchase cryptocurrency?
First, get a crypto wallet app like Trust Wallet or Coinbase Wallet. At the ATM, select your cryptocurrency, scan your wallet QR code, insert Canadian cash, confirm the amount including service fees, and the cryptocurrency will be sent to your wallet.
What payment methods are accepted at the Localcoin Bitcoin ATM?
The ATM only accepts Canadian cash bills. For other payment methods such as credit or debit cards, purchases can be made online at localcoinatm.com.
Are there limits to how much Bitcoin I can purchase at once?
Yes, the minimum purchase is $20 CAD and the maximum is $995 per transaction, with up to five transactions allowed per day.
Is the Localcoin Bitcoin ATM location wheelchair accessible?
Yes, the ATM has a wheelchair accessible entrance to accommodate all customers.
What nearby places can I visit around the Localcoin Bitcoin ATM at 109 W Cordova St?
Nearby you can visit attractions such as Ignite Smoke Shop, Pacific Rose Tattoo, La Casita Mexican Restaurant, and escape rooms like Exit Gastown and SmartyPantz for entertainment before or after your ATM visit.
How can nearby tattoo parlors enhance my visit to the Localcoin Bitcoin ATM?
If you're interested in body art, you can visit nearby tattoo parlors like Pacific Rose Tattoo or Gastown Tattoo Parlour conveniently located near the ATM for a creative experience during your outing.
What dining or leisure options are near the Localcoin Bitcoin ATM in Vancouver?
You can enjoy meals or drinks at nearby places such as La Casita Mexican Restaurant, The Revel Room lounge, or try tea at The Capilano Tea House and Botanical Soda Co., providing great spots to relax after your ATM transaction.