At our Bitcoin ATM in Brampton 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.
Frequently Asked Questions About Localcoin Bitcoin ATM - Hasty Market
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 its Bitcoin ATMs?
Localcoin is Canada's largest cryptocurrency ATM network, allowing customers to buy cryptocurrencies like Bitcoin with cash at over 950 physical ATM locations, primarily in convenience stores and gas stations.
How does a Bitcoin ATM work and how can I use it?
A Bitcoin ATM lets you buy or sell Bitcoin and other cryptocurrencies using cash. To use it, get a Bitcoin wallet app, visit a Localcoin ATM, scan your wallet's QR code, insert cash, confirm the purchase, and receive cryptocurrency in your wallet typically within minutes.
What cryptocurrencies are available at the Localcoin Bitcoin ATM in Brampton?
You can buy Bitcoin, Litecoin, Ethereum, Cardano, Dogecoin, Shiba Inu, Ripple, USDC, and Tether at our Localcoin Bitcoin ATM located in Brampton.
What are the operating hours of the Localcoin Bitcoin ATM at Hasty Market, Brampton?
The Localcoin Bitcoin ATM at Hasty Market in Brampton is open daily from 8:00 AM to 10:00 PM.
What payment methods does the Localcoin Bitcoin ATM accept?
The Localcoin Bitcoin ATM accepts Canadian cash bills only. For debit or credit card purchases, customers can buy cryptocurrency online via the Localcoin website.
Are there purchase limits when buying Bitcoin at the Localcoin ATM?
Yes, you can buy a minimum of $20 CAD and a maximum of $995 CAD per transaction, with up to 5 transactions allowed per day at Localcoin ATMs.
Does the Localcoin Bitcoin ATM at Hasty Market have accessible parking?
Yes, the ATM location offers wheelchair accessible parking for customers.
What nearby places can I visit after using the Localcoin Bitcoin ATM in Brampton?
Nearby you can visit Subway for a quick sandwich, Moga's Pizza for fast food, or Shoppers Drug Mart for pharmacy and convenience items, all within walking distance of the Localcoin ATM at Hasty Market.
Are there any nearby facilities that provide additional services around the Localcoin Bitcoin ATM?
Yes, you’ll find the UPS Access Point location for shipping services, Peel Med Clinic for healthcare needs, and RBC Royal Bank for traditional banking all close to the Localcoin Bitcoin ATM.
How can nearby telecommunications stores help me when using the Localcoin Bitcoin ATM?
Stores like Cellular Hut and Bell Canada near the ATM can assist you with mobile phone or internet issues, which might be helpful if you need help with your smartphone wallet app while using the Localcoin Bitcoin ATM.