At our Bitcoin ATM in Burlington 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 what services does it provide?
Localcoin is Canada’s largest cryptocurrency ATM network, allowing customers to buy cryptocurrency with cash at over 950 physical ATMs primarily located in convenience stores and gas stations.
What cryptocurrencies can I purchase at the Localcoin Bitcoin ATM - Hasty Market?
You can buy Bitcoin, Litecoin, Ethereum, Cardano, Dogecoin, Shiba Inu, Ripple, USDC, and Tether at the Localcoin Bitcoin ATM located at 1505 Guelph Line, Burlington.
How do I use the Bitcoin ATM to purchase cryptocurrency?
First, get a Bitcoin wallet from app stores like Trust Wallet, Exodus or Coinbase Wallet. Then visit the Localcoin ATM, select your desired cryptocurrency, scan your wallet’s QR code at the machine, insert cash, confirm the purchase, and the cryptocurrency will be sent to your wallet usually within minutes.
What are the operating hours of the Localcoin Bitcoin ATM at Hasty Market?
The ATM is open daily from 8:00 AM to 9:30 PM, including weekends, providing convenient access every day of the week.
Is the Localcoin Bitcoin ATM at Hasty Market accessible to people with disabilities?
Yes, the location has wheelchair accessible entrance and wheelchair accessible parking for customer convenience.
What payment methods are accepted at the Localcoin Bitcoin ATM in Burlington?
The ATM accepts only Canadian cash bills. For debit or credit card payments, customers can make purchases online via the Localcoin website.
What are the purchase limits for buying Bitcoin at this ATM?
The minimum purchase amount is $20 CAD and the maximum is $995 per transaction, with a limit of up to 5 transactions per day.
Which nearby places could I visit before or after using the Localcoin Bitcoin ATM in Burlington?
Nearby, you can visit popular dining options like McDonald's Canada, Pizza Hut, or Kwality Fine Indian Cuisine. These spots offer convenient food choices if you plan to grab a meal before or after using the ATM.
Are there any financial or real estate services near the Localcoin Bitcoin ATM location?
Yes, several financial services including TD Canada Trust Branch & ATM and financial planners like Sarah Ahmadi are nearby, alongside multiple real estate agents such as Kathryn Stenhouse and Zeeshan Qureshi Real Estate Services. This makes it convenient for customers handling related transactions.
What healthcare or wellness options are available near the Localcoin ATM at 1505 Guelph Line?
Nearby healthcare services include El Roi Medical Center, B.O.S.S. Clinic for addiction treatment, and pharmacies like Burlington Heights Medical Center And I.D.A. Pharmacy and Good Health Mart. For wellness and beauty, there is also a Tanning and Beauty Salon and Ryna's Nails.