Bitcoin ATM located in Best Way 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
Store owner is friendly and helpful at this location the machine camera has gone down a few times any owner of the store knows how to reset unfortunately sometimes this location is not open and available on holidays or late evenings
GJ
Greg Jankowski
Aug 4, 2023
5.0
Fast and convenient way to buy major crypto (I use it for litecoin). Cash to crypto wallet in 2minutes.
Frequently Asked Questions About Localcoin Bitcoin ATM - Best Way 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 where can I find their ATMs?
Localcoin is Canada's largest cryptocurrency ATM network, allowing customers to buy cryptocurrency with cash at physical locations primarily in convenience stores and gas stations, including over 950 ATMs.
How can I use the Localcoin Bitcoin ATM at Best Way Convenience?
To use the Localcoin Bitcoin ATM, you need a crypto wallet (e.g., Trust Wallet, Exodus, Coinbase Wallet). At the ATM, scan your wallet's QR code, insert cash, confirm the amount, and the selected cryptocurrency will be sent to your wallet address. Transactions usually complete within 10–30 minutes.
What cryptocurrencies can I buy at the Localcoin Bitcoin ATM in Best Way Convenience?
You can purchase Bitcoin, Litecoin, Ethereum, Cardano, Dogecoin, Shiba Inu, Ripple, USDC, and Tether at the Localcoin Bitcoin ATM.
What are the purchase limits at the Localcoin Bitcoin ATM?
The minimum amount you can buy is $20 CAD, and the maximum per transaction is $995 CAD, with up to 5 transactions allowed per day.
What payment methods are accepted at the Localcoin Bitcoin ATM?
Localcoin Bitcoin ATMs accept Canadian cash bills only. For other payment methods like debit or credit cards, customers can buy cryptocurrencies online through their website.
What are the business hours for the Localcoin Bitcoin ATM located at Best Way Convenience?
The ATM is open Monday to Friday from 8:00 AM to 10:30 PM, Saturdays from 8:30 AM to 10:30 PM, and Sundays from 8:30 AM to 10:00 PM.
Is the Localcoin Bitcoin ATM at Best Way Convenience accessible for customers with disabilities?
Yes, the location has wheelchair accessible parking to accommodate customers with disabilities.
Which nearby food options can I visit before or after using the Localcoin Bitcoin ATM?
You can visit Regino's Pizza - Ajax for pizza, The Pop Shop - by Danielle Caesar for bakery treats, or The Hope Coffee for coffee and convenience items, all located nearby.
Are there any nearby financial services close to Localcoin Bitcoin ATM - Best Way Convenience?
Nearby financial services include Durham Asset Management Inc for real estate investment, Hand in Hand Mortgages, Liberty Tax Canada, Liberty Tax Service, and Impact Bookkeeping Solutions Inc.
What medical or health services are near the Localcoin Bitcoin ATM location?
Nearby health services include Westney Heights Dental Centre, Westney Heights Chiropractic Centre, Riverside Pet Hospital, My TLC Clinic Inc (physical and occupational therapy), and Well-Being Physio and Rehab Clinic.