Bitcoin ATM located in Shalimar Convenience. 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
there are a difference in some of the machines(atm) best I can say is don't seetle for performance of one , try another , the first one I tryed was problematic but the next one was much better
Frequently Asked Questions About Localcoin Bitcoin ATM - Shalimar Convenience
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 at the Shalimar Convenience location?
Localcoin is Canada’s largest cryptocurrency ATM network. At the Shalimar Convenience location, it allows customers to buy Bitcoin and other popular cryptocurrencies with cash using their ATMs.
What cryptocurrencies can I buy at the Localcoin Bitcoin ATM in Shalimar Convenience?
You can buy Bitcoin, Litecoin, Ethereum, Cardano, Dogecoin, Shiba Inu, Ripple, USDC, and Tether at the Localcoin Bitcoin ATM located in Shalimar Convenience.
How do I use the Bitcoin ATM at Shalimar Convenience to purchase cryptocurrency?
First, download a crypto wallet app like Trust Wallet, Exodus, or Coinbase Wallet, and take your wallet's address or QR code to the ATM. At the machine, select your desired cryptocurrency, scan your wallet's QR code, insert Canadian cash bills, and confirm the purchase to receive your cryptocurrency.
What are the transaction limits for buying Bitcoin at this ATM?
The minimum purchase amount is $20 CAD, and the maximum per transaction is $995 CAD. You can perform up to 5 transactions per day at this ATM.
What forms of payment are accepted at the Localcoin Bitcoin ATM in Shalimar Convenience?
The ATM accepts Canadian cash bills only. For other payment methods like debit or credit cards, customers can purchase cryptocurrency online via the Localcoin website.
What are the operating hours for the Localcoin Bitcoin ATM at 137 Forest Rd?
The ATM is open Monday to Thursday from 7:00 AM to 9:00 PM, Friday from 7:00 AM to 10:00 PM, Saturday from 9:00 AM to 10:00 PM, and Sunday from 9:00 AM to 9:00 PM.
Is the Localcoin Bitcoin ATM at Shalimar Convenience accessible for customers with disabilities?
Yes, the location has wheelchair accessible parking available to accommodate customers with disabilities.
What nearby places to the Localcoin ATM could I visit before or after buying cryptocurrency?
You can visit Shalimar Convenience for snacks and essentials, the St. John’s Fish Exchange for fresh seafood dining, or relax at Quidi Vidi Lake, a nearby park and landmark, all within close proximity to the ATM.
Are there nearby services for health and wellness close to the Localcoin Bitcoin ATM?
Yes, nearby you can find Boathouse Wellness spa, Potentiality yoga studio and naturopathic services, and the Workplace Health Safety & Compensation Commission medical services.
What transportation or travel-related services are near the Localcoin Bitcoin ATM at Shalimar Convenience?
Nearby E & B Travel Service offers travel planning and tours, which can be convenient if you plan to travel soon and want to access cryptocurrency via the Localcoin ATM before your trip.