Bitcoin ATM located in Hasty Market. 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 - 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 how does it work?
Localcoin is Canada's largest cryptocurrency ATM network, allowing customers to buy cryptocurrency with cash at over 950 physical ATMs located mainly in convenience stores and gas stations.
What is Bitcoin?
Bitcoin is a decentralized digital currency not controlled by any government, used to buy goods or services online and held as an investment. Transactions are recorded in a public ledger called the blockchain.
What is a Bitcoin ATM and what services does it provide?
A Bitcoin ATM is a machine that lets users buy or sell Bitcoin and other cryptocurrencies using cash. It functions like a traditional ATM for cash but converts crypto coins into or from cash in your wallet.
How do I use the Localcoin Bitcoin ATM at Hasty Market?
First, get a Bitcoin wallet app like Trust Wallet or Coinbase Wallet. Visit the ATM with your wallet's QR code and cash, select your cryptocurrency, scan the QR code, insert cash, confirm your purchase, and receive the coins in your wallet within minutes.
Which cryptocurrencies can I buy at the Localcoin Bitcoin ATM?
You can purchase Bitcoin, Litecoin, Ethereum, Cardano, Dogecoin, Shiba Inu, Ripple, USDC, and Tether at the Localcoin Bitcoin ATM.
What are the purchase limits at the Localcoin Bitcoin ATM?
You can buy a minimum of $20 CAD and up to $995 per transaction, with a maximum of 5 transactions allowed per day.
What payment methods are accepted at the Localcoin Bitcoin ATM?
The ATM accepts Canadian cash bills only. For debit or credit card payments, you can buy cryptocurrency online via the Localcoin website.
Where is Localcoin Bitcoin ATM - Hasty Market located?
It is located at 165 Tower Street North, Fergus, Ontario, N1M 2Y9, Canada inside the Hasty Market store.
What are the operating hours of the Localcoin Bitcoin ATM at Hasty Market?
The ATM operates Monday to Friday from 7:00 AM to 10:00 PM and on Saturdays and Sundays from 8:00 AM to 9:00 PM.
What nearby places can help me find or visit the Localcoin Bitcoin ATM at Hasty Market?
Nearby places like Tower Street Tattoo and Hot Body Tanning are well-known landmarks close to the ATM. You can also visit Domino's Pizza or CIBC bank nearby before or after using the ATM.
Are there other financial services near the Localcoin Bitcoin ATM at Hasty Market?
Yes, banks such as CIBC, TD Bank, and TD Canada Trust Branch and ATM are located nearby, offering additional financial services close to the Localcoin ATM.
What are some nearby services and shops I can visit alongside the Localcoin Bitcoin ATM?
Close to the ATM, you'll find The Scrub Room clothing store, PN Barbershop, Ursula's Travel agency, and various gyms like HomeTown Fitness and Snap Fitness, providing multiple options while visiting the area.