Bitcoin ATM located in Mikes Drive Thru and 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
Location
Localcoin Bitcoin ATM - Mikes Drive Thru and Convenience
Frequently Asked Questions About Localcoin Bitcoin ATM - Mikes Drive Thru and 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 the Localcoin Bitcoin ATM at Mikes Drive Thru and Convenience?
It is a Bitcoin ATM located inside Mikes Drive Thru and Convenience at 75 South Albion Street, Amherst, NS, where you can buy Bitcoin and other cryptocurrencies with cash.
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 this ATM.
What are the operating hours of the Localcoin Bitcoin ATM at Mikes Drive Thru and Convenience?
The ATM operates Monday to Friday from 6:30 AM to 10:00 PM, Saturday from 7:00 AM to 10:00 PM, and Sunday from 8:00 AM to 9:00 PM.
How do I use the Bitcoin ATM to purchase cryptocurrency?
You need a Bitcoin wallet app like Trust Wallet, Exodus, or Coinbase Wallet. At the ATM, select your cryptocurrency, scan your wallet QR code, insert Canadian cash bills, and confirm the purchase to receive coins to your wallet.
What is the minimum and maximum amount for purchasing Bitcoin at the ATM?
The minimum purchase amount is $20 CAD and the maximum per transaction is $995 CAD, with up to 5 transactions allowed per day.
What payment methods does the Localcoin Bitcoin ATM accept?
The ATM only accepts Canadian cash bills. Debit or credit cards are not accepted at the machine but can be used for online purchases via the Localcoin website.
Where is the Localcoin Bitcoin ATM located within Amherst?
It is located inside Mikes Drive Thru and Convenience at 75 South Albion Street, Amherst, Nova Scotia.
Are there any nearby places where I can shop or get services after using the Bitcoin ATM?
Yes, nearby you can visit Twisted Sisters' Nails for beauty services, Amherst Barbershop for grooming, or Aa's Boutique for fashion shopping.
Can I combine a visit to the Localcoin Bitcoin ATM with other errands like car services or rentals nearby?
Absolutely. Nearby places include Enterprise Rent-A-Car and Alamo for car rentals, Scotty's Car Wash, and several automotive parts stores like Carquest Auto Parts and NAPA Auto Parts.
What nearby places offer food options if I want to grab a meal during my visit?
You can visit Frank and Gino's Grill and Pasta House or Freddie's Pizza and Donair, both located near the ATM for a variety of meal options.