Bitcoin ATM located in Little Short Stop. 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
Frequently Asked Questions About Localcoin Bitcoin ATM - Little Short Stop - Ayr
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 services does the Localcoin Bitcoin ATM at Little Short Stop in Ayr offer?
The Localcoin Bitcoin ATM at Little Short Stop in Ayr allows customers to buy Bitcoin and other popular cryptocurrencies using Canadian cash at a physical ATM.
What cryptocurrencies can I purchase at the Localcoin Bitcoin ATM in Ayr?
You can buy Bitcoin, Litecoin, Ethereum, Cardano, Dogecoin, Shiba Inu, Ripple, USDC, and Tether at the Localcoin Bitcoin ATM located at Little Short Stop in Ayr.
What are the operating hours for the Localcoin Bitcoin ATM at 24 Northumberland St., Ayr?
The ATM is open Monday through Friday from 6:00 AM to 10:00 or 11:00 PM depending on the day, and on weekends from 8:00 AM to 10:00 or 11:00 PM.
How do I use the Localcoin Bitcoin ATM to purchase cryptocurrency?
To use the ATM, you need a crypto wallet app on your phone, visit the machine with your wallet's QR code, select your cryptocurrency, scan the QR code, insert Canadian cash, confirm the purchase, and the coins will be sent to your wallet.
What are the minimum and maximum purchase limits at the Localcoin Bitcoin ATM?
The minimum purchase amount is $20 CAD and the maximum is $995 CAD per transaction, with up to 5 transactions allowed per day.
What payment methods are accepted at the Localcoin Bitcoin ATM in Ayr?
Only Canadian cash bills are accepted at the Localcoin Bitcoin ATM. Credit or debit cards can be used for online purchases on their website.
Is the Localcoin Bitcoin ATM located inside another business?
Yes, the Localcoin Bitcoin ATM is located inside Little Short Stop, a convenience store at 24 Northumberland St., Ayr.
Are there any nearby places where I can grab a meal or coffee before or after using the Localcoin Bitcoin ATM?
Yes, nearby dining options include Ayr Village Pizza, Gus and Guido's Backyard (Greek and Italian cuisine), Table 32 Food Bar, Green Garden Chinese restaurant, and Hitched Coffee cafe.
What nearby health and wellness services are close to the Localcoin Bitcoin ATM in Ayr?
Near the ATM you'll find several health and wellness services such as Ramona's Salon and Spa, White Willow Medi Spa, Absolute Massage Therapy, Immortelle Medical Aesthetics, and multiple dental clinics including Ayr Dental and North Dumfries Dentistry.
How can nearby places like The Little Short Stop convenience store help me when visiting the Localcoin Bitcoin ATM?
Since the ATM is inside The Little Short Stop, you can conveniently shop for snacks, drinks, or other essentials while buying cryptocurrency or use the store's location as an easy landmark to find the ATM.