At our Bitcoin ATM in Midhurst 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.
It was easy, but you have to insert you bills one at a time, not in a group it took me 9 try before I got it right ,doesn't say on instructions to do that but very simple after that.
Frequently Asked Questions About Localcoin Bitcoin ATM - Canco Gas & 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 services does Localcoin Bitcoin ATM at Canco Gas & Convenience provide?
Localcoin Bitcoin ATM at Canco Gas & Convenience allows customers to buy Bitcoin and other cryptocurrencies like Ethereum and Litecoin using cash through a physical ATM.
What cryptocurrencies can I buy at the Localcoin Bitcoin ATM?
You can buy Bitcoin, Litecoin, Ethereum, Cardano, Dogecoin, Shiba Inu, Ripple, USDC, and Tether at the Localcoin Bitcoin ATM.
How do I use the Localcoin Bitcoin ATM to purchase cryptocurrency?
Download a crypto wallet app like Trust Wallet, Exodus, or Coinbase Wallet. Then visit the ATM, scan your wallet’s QR code, insert Canadian cash, and confirm the purchase. Your Bitcoins will be sent to your wallet, typically within 10–30 minutes.
What are the operating hours of the Localcoin Bitcoin ATM at Canco Gas & Convenience?
The ATM is open Monday to Friday from 6:00 AM to 10:00 PM, and on Saturdays and Sundays from 7:00 AM to 10:00 PM.
What is the minimum and maximum amount for purchasing cryptocurrency at this ATM?
You can buy a minimum of $20 CAD and a maximum of $995 CAD per transaction, with up to 5 transactions allowed per day.
What payment methods are accepted at the Localcoin Bitcoin ATM?
Only Canadian cash bills are accepted at the ATM. Other payment methods like debit or credit cards are available through online purchases at the website.
Is the Localcoin Bitcoin ATM accessible for people with disabilities?
Yes, the ATM location has a wheelchair-accessible entrance and wheelchair-accessible parking.
What convenience stores are near the Localcoin Bitcoin ATM to combine errands?
The Corner Store Convenience Store is nearby, making it easy to grab essentials or snacks before or after using the Bitcoin ATM.
Are there dining options near the Localcoin Bitcoin ATM for before or after your visit?
Yes, Linda's Eating Place and Coffee Shop, a diner, is close by where you can enjoy a meal or coffee before or after using the ATM.
What are some nearby health and wellness services around the Localcoin Bitcoin ATM?
Nearby you can find services like Sports Medicine and Rehabilitation and Springwater Pharmacy, which could be convenient for customers attending to health needs along with their visit to the ATM.