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.
Frequently Asked Questions About Localcoin Bitcoin ATM - Village Market
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 that enables customers to buy cryptocurrency with cash at over 950 physical ATM locations primarily in convenience stores and gas stations.
What cryptocurrencies are available for purchase at the Localcoin Bitcoin ATM in Village Market, Vancouver?
You can buy Bitcoin, Litecoin, Ethereum, Cardano, Dogecoin, Shiba Inu, Ripple, USDC, and Tether at the Localcoin Bitcoin ATM in Village Market.
How do I use a Bitcoin ATM to buy cryptocurrency?
To use a Bitcoin ATM, get a cryptocurrency wallet app like Trust Wallet, Exodus, or Coinbase Wallet, visit the ATM with your wallet’s QR code, select your desired cryptocurrency on the machine, scan your wallet's QR code, insert cash, and confirm the purchase. Your cryptocurrency will then be sent to your wallet, usually within minutes.
What are the operating hours of the Localcoin Bitcoin ATM at Village Market, Vancouver?
The Localcoin Bitcoin ATM is open Monday to Saturday from 9:00 AM to 9:00 PM, and Sunday from 10:00 AM to 9:00 PM local Vancouver time.
Where is the Localcoin Bitcoin ATM in Vancouver located?
It is located at 7755 Champlain Crescent, Vancouver, BC, V5S 4J6, Canada, inside the Village Market convenience store.
What payment methods are accepted at the Localcoin Bitcoin ATM?
The ATM only accepts Canadian cash bills. For other payment methods like credit or debit cards, customers can purchase cryptocurrency online through the Localcoin website.
Are there facilities accessible for people with disabilities at the Localcoin Bitcoin ATM - Village Market?
Yes, the facility has wheelchair-accessible entrance and parking to accommodate customers with disabilities.
What nearby places can customers visit before or after using the Localcoin Bitcoin ATM?
Customers can visit nearby places such as Village Market for groceries, Lupii Cafe or Milk & Honey Café for coffee and snacks, and Kinemi's Kitchen for Italian or pizza dining options.
Is there public transportation or community facilities near the Localcoin Bitcoin ATM?
Yes, near the ATM are community centers like Champlain Heights Community Centre and schools such as Champlain Heights Annex and Champlain Room Daycare, making it convenient for families and locals to visit.
What other services or businesses are near the Localcoin Bitcoin ATM that customers might find useful?
Nearby services include beauty salons like Beauty Time Hair Salon & Spa and Isel Beauty Salon, as well as professional services like TaxWatch Canada LLP for accounting and financial advice.