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 - Zeah's 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 what services does it offer at this location?
Localcoin is Canada's largest cryptocurrency ATM network, providing Bitcoin and other popular cryptocurrencies for purchase with cash at over 950 retail locations, including this one at Zeah's Convenience in Brampton.
What cryptocurrencies can I buy at the Localcoin Bitcoin ATM in Zeah's Convenience?
At this ATM, you can buy Bitcoin, Litecoin, Ethereum, Cardano, Dogecoin, Shiba Inu, Ripple, USDC, and Tether using cash.
What are the hours of operation for the Localcoin Bitcoin ATM at 143 Clarence St?
The ATM is open daily from 7:30 AM to 11:00 PM, seven days a week.
How do I use the Bitcoin ATM at Zeah's Convenience?
You need a cryptocurrency wallet app (like Trust Wallet or Coinbase Wallet). At the ATM, select your desired cryptocurrency, scan your wallet's QR code, insert Canadian cash bills, confirm your purchase, and the crypto will be sent to your wallet address, usually within minutes.
What payment methods are accepted at the Localcoin Bitcoin ATM here?
Only Canadian cash bills are accepted at this Bitcoin ATM. Debit or credit card payments are not accepted on-site but you can purchase cryptocurrencies online at their website.
Where exactly is the Localcoin Bitcoin ATM located in Brampton?
The Localcoin Bitcoin ATM is located at 143 Clarence St, Brampton, Ontario, L6W 1T2, inside Zeah's Convenience store.
Are there any nearby restaurants I can visit before or after using the Bitcoin ATM?
Yes, nearby you can enjoy dining at Portuguese restaurant Churrasqueira Grelha D'ouro, Pepper Shack, Indian restaurant Paranthe Wali Gali, or New York Fried Chicken And Burger.
What local services or shops are close to the Localcoin Bitcoin ATM at Zeah's Convenience?
Nearby services include CCV Immigration Solutions, Phone Chek for mobile phones and repairs, Duggal Barber Shop, Hoang Kim Nail Salon and Spa, and Nathan Pharmacy for convenience and health needs.
How can nearby legal and professional services be useful when visiting the Localcoin Bitcoin ATM here?
If you have legal or immigration questions, you can visit nearby firms like Johal Law Firm P.C or Transvision Immigration which could assist with professional advice during your visit to the ATM.
Is the Localcoin Bitcoin ATM at Zeah's Convenience accessible for customers with disabilities?
Yes, the location has wheelchair accessible parking to accommodate customers with disabilities.