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.
Details
Wheelchair accessible entranceAvailable
Location
Localcoin Bitcoin ATM - Ray's Food Mart Convenience
Frequently Asked Questions About Localcoin Bitcoin ATM - Ray's Food Mart 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?
Localcoin is Canada’s largest cryptocurrency ATM network that allows customers to buy cryptocurrency with cash at physical ATMs primarily located in convenience stores and gas stations.
Which cryptocurrencies can I buy at the Localcoin Bitcoin ATM located at 537 Brant St, Burlington?
You can buy Bitcoin, Litecoin, Ethereum, Cardano, Dogecoin, Shiba Inu, Ripple, USDC, and Tether at this Localcoin Bitcoin ATM.
What are the operating hours of the Localcoin Bitcoin ATM at Ray's Food Mart Convenience?
The ATM operates Monday to Thursday from 7:00 AM to 10:00 PM, Fridays from 7:00 AM to 11:00 PM, Saturdays from 7:30 AM to 11:00 PM, and Sundays from 8:00 AM to 9:00 PM.
How do I purchase Bitcoin using the Localcoin Bitcoin ATM?
Visit the ATM with your crypto wallet app or printed QR code, select the cryptocurrency, scan your wallet's QR code on the machine, insert Canadian cash, confirm the purchase, and your Bitcoin will be sent to your wallet within minutes.
Are there any transaction limits when buying Bitcoin at this ATM?
Yes, the minimum purchase amount is $20 CAD and the maximum is $995 per transaction, with a limit of 5 transactions per day.
What payment methods are accepted at the Localcoin Bitcoin ATM?
The ATM only accepts Canadian cash bills for transactions. Debit and credit card purchases can be made online via the Localcoin website.
Is the Localcoin Bitcoin ATM at Ray's Food Mart Convenience wheelchair accessible?
Yes, the ATM location has a wheelchair accessible entrance and wheelchair accessible parking available.
What nearby places can help me locate the Localcoin Bitcoin ATM at 537 Brant St?
The ATM is located inside Ray's Food Mart Convenience. Nearby landmarks include REVO Jiu Jitsu martial arts club and Joe Dog's Gasbar Grill, an Italian bar and grill, which can help you find the location.
Are there any nearby places I can visit after using the Localcoin Bitcoin ATM?
Yes, after your visit, you can check out nearby attractions such as Ruze Escape Rooms for entertainment, Euro Wellness for massage therapy, or enjoy a meal at Eatalia or Culaccino Bar & Kitchen, both Italian restaurants nearby.
Can I combine trips to the Localcoin Bitcoin ATM and other local services around 537 Brant St, Burlington?
Absolutely! You can stop by the ATM while visiting Ray's Food Mart, then visit nearby services such as Scotiabank or BMO Bank of Montreal for banking, or Personal Auto Service and Ruta Automotive for vehicle maintenance, making your errands more efficient.