Bitcoin ATM located in Anytime 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
Frequently Asked Questions About Localcoin Bitcoin ATM - Anytime 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 Trust Wallet and Blue Wallet.
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 provide?
Localcoin is Canada's largest cryptocurrency ATM network, allowing customers to buy cryptocurrency with cash at over 950 ATMs located primarily in convenience stores and gas stations.
Where is the Localcoin Bitcoin ATM in Burlington located?
The Localcoin Bitcoin ATM in Burlington is located inside Anytime Convenience at 511 Appleby Line, Burlington, ON L7L 2Y1.
What hours is the Localcoin Bitcoin ATM at Anytime Convenience open?
The ATM is open daily from 8:30 AM to 9:00 PM.
How do I use the Bitcoin ATM to buy cryptocurrencies?
First, get a Bitcoin wallet app like Trust Wallet or Coinbase Wallet. Then visit the Localcoin ATM with your wallet's QR code and cash. At the machine, select your cryptocurrency, scan your wallet's QR code, insert cash, and confirm your purchase. The purchased coins will be sent to your wallet, usually within 10 to 30 minutes.
What cryptocurrencies can I buy at this Localcoin Bitcoin ATM?
You can buy Bitcoin, Litecoin, Ethereum, Cardano, Dogecoin, Shiba Inu, Ripple, USDC, and Tether at this ATM.
What are the purchase limits when using the Localcoin Bitcoin ATM?
The minimum purchase amount is $20 CAD and the maximum is $995 per transaction. You can do up to 5 transactions per day.
What payment methods does the Localcoin Bitcoin ATM accept?
The ATM only accepts Canadian cash bills. Debit or credit cards are not accepted at the ATM but can be used for online purchases on the Localcoin website.
Can you recommend nearby places to visit after using the Bitcoin ATM at Anytime Convenience?
Yes, after your visit you can enjoy treats at Duck Donuts or Burlington Yogurty’s frozen yogurt shop. For a meal, nearby options include Halibut House Fish and Chips, BarBurrito Canada, or Freshii salad bar.
Are there nearby services to help if I need mobile phone or device repairs near the Localcoin Bitcoin ATM?
Yes, nearby you can find PhonoRx - Mobile Buy/Repair/Sell and Fixt Wireless Repair for mobile phone repair and related services.
How can nearby locations like LCBO or Nail Salons complement my visit to the Bitcoin ATM at Anytime Convenience?
After using the ATM, you can conveniently shop for wine or spirits at LCBO stores nearby, or relax and pamper yourself at beauty salons like NailsForYou or Vero Salon Centre, all within walking distance.