Bitcoin ATM located in Popular Car Wash - Esso. 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 - Popular Car Wash - Esso
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?
Localcoin is Canada’s largest cryptocurrency ATM network that lets customers buy cryptocurrency with cash at 950+ retail locations, mainly convenience stores and gas stations.
What kinds of cryptocurrencies can I buy at the Localcoin Bitcoin ATM in Etobicoke?
You can buy Bitcoin, Litecoin, Ethereum, Cardano, Dogecoin, Shiba Inu, Ripple, USDC, and Tether at the Localcoin Bitcoin ATM.
What are the operating hours of the Localcoin Bitcoin ATM at Popular Car Wash - Esso?
The ATM is open Monday to Friday from 7:00 AM to 10:00 PM, and on weekends from 7:00 AM to 8:00 PM.
How do I use the Localcoin Bitcoin ATM to purchase cryptocurrency?
Get a crypto wallet app like Trust Wallet, bring your wallet address QR code and cash to the ATM, select your cryptocurrency, scan your QR code, insert cash, confirm the purchase, and your coins will be sent to your wallet.
What payment methods does the Localcoin Bitcoin ATM accept?
The ATM accepts only Canadian cash bills for cryptocurrency purchases. Debit or credit card payments are available online via their website.
Where is the Localcoin Bitcoin ATM located in Etobicoke?
It is located at 305 Rexdale Boulevard inside the Popular Car Wash - Esso gas station in Etobicoke, ON M9W 1R8.
Are there other services or businesses near the Localcoin Bitcoin ATM that customers might find useful?
Yes, the ATM is inside the Popular Car Wash - Esso gas station, and nearby you'll find services like On the Spot Financial, Enterprise Rent-A-Car, and the Toronto Ice Cream Truck for refreshments after your visit.
Can I visit local attractions or services near the ATM to combine errands?
Absolutely! While using the ATM at Popular Car Wash - Esso, you can get your car washed, fuel up at Esso, visit nearby financial services like Western Union or On the Spot Financial, or grab a treat from the Toronto Ice Cream Truck.
Are there automotive services located near the Localcoin Bitcoin ATM?
Yes, nearby automotive services include Jd Auto Service Ltd, Z-One Auto Parts, Express Window Tinting, Alex Auto Service, and Factory Tire, useful for car maintenance while visiting the ATM.
What is the mission of Localcoin, the company behind the Bitcoin ATM?
Localcoin aims to provide a simple buying and selling experience of digital currency while upholding privacy standards across North America.