Bitcoin ATM located in Esso 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 - Esso 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 provide?
Localcoin is Canada’s largest cryptocurrency ATM network, allowing customers to buy cryptocurrency with cash at over 950 physical ATMs in retail locations like convenience stores and gas stations.
What cryptocurrencies can I purchase at the Localcoin Bitcoin ATM at Esso Convenience?
You can buy Bitcoin, Litecoin, Ethereum, Cardano, Dogecoin, Shiba Inu, Ripple, USDC, and Tether at the ATM.
How do I use the Localcoin Bitcoin ATM at Esso Convenience to buy cryptocurrency?
First, download a crypto wallet app like Trust Wallet, Exodus, or Coinbase Wallet. Bring your wallet’s QR code to the machine. At the ATM, select your desired cryptocurrency, scan your wallet QR code, insert cash, and confirm to complete the purchase. Bitcoins are usually sent instantly but may take up to 2 hours in rare cases.
What are the operating hours for the Localcoin Bitcoin ATM at Esso Convenience?
The ATM is available 24 hours a day, 7 days a week, open every day from 00:00 to 23:59.
Does the Localcoin Bitcoin ATM at Esso Convenience accept debit or credit cards for transactions?
No, the ATM only accepts Canadian cash bills. For debit or credit card payments, customers can purchase cryptocurrency online at localcoinatm.com.
What are the purchase limits for buying Bitcoin at this ATM?
The minimum purchase is $20 CAD and the maximum is $995 per transaction. Customers can make up to 5 transactions per day.
Is the Localcoin Bitcoin ATM at Esso Convenience accessible for wheelchair users?
Yes, the location has a wheelchair accessible entrance and parking for customers with accessibility needs.
Are there any automotive services near the Localcoin Bitcoin ATM at Esso Convenience?
Yes, nearby places include My Car (auto detailing), North Queen Auto Parts, Sherway Collision, Niva Services Inc (truck repair), and Etobicoke Discount Auto Parts, which can be convenient for customers fueling up or using the ATM who need automotive services.
What other retail or service locations are near the Localcoin Bitcoin ATM at Esso Convenience?
Nearby points of interest include The Butcher Shoppe (butcher shop), Hub Equipment (home improvement and equipment rentals), and Petro-Pass Truck Stop (truck gas station), providing additional services for customers visiting the ATM.
How can nearby transportation or rentals spots help customers using the Localcoin Bitcoin ATM?
Places like Penske Truck Rental, Blue Star Trailer Rentals Inc, and United Rentals provide truck and trailer rentals near the ATM location, which can help customers who may need transport options before or after using the cryptocurrency ATM.