Bitcoin ATM located in Busy Bee 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
Details
Wheelchair accessible entranceAvailable
Location
Localcoin Bitcoin ATM (Buy & Sell)- Big Bee Convenience - Hamilton
Frequently Asked Questions About Localcoin Bitcoin ATM (Buy & Sell)- Big Bee Convenience - Hamilton
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 its main service?
Localcoin is Canada’s largest cryptocurrency ATM network that allows customers to buy cryptocurrency with cash at over 950 physical ATMs located mainly in convenience stores and gas stations.
How does a Bitcoin ATM work?
A Bitcoin ATM lets users buy Bitcoin and other cryptocurrencies using cash, functioning like a traditional ATM where you deposit cash and receive cryptocurrencies to your wallet, or sell cryptocurrencies for cash.
Which cryptocurrencies can I buy at the Localcoin Bitcoin ATM?
You can buy Bitcoin, Litecoin, Ethereum, Cardano, Dogecoin, Shiba Inu, Ripple, USDC, and Tether at the Localcoin ATMs.
What are the operating hours for the Localcoin Bitcoin ATM at Big Bee Convenience in Hamilton?
The ATM is open from 7:30 AM to 9:00 PM Monday through Saturday, and from 7:30 AM to 6:00 PM on Sundays.
Where exactly is the Localcoin Bitcoin ATM located in Hamilton?
It is located at 66 Mall Rd 1 b, Hamilton, ON, L8V 5B9, inside the Busy Bee Convenience store.
Is the Localcoin Bitcoin ATM at Big Bee Convenience accessible for people with disabilities?
Yes, the location has a wheelchair-accessible entrance and wheelchair-accessible parking.
Can I use debit or credit cards to purchase cryptocurrency at this ATM?
No, only Canadian cash bills are accepted at the ATM for buying cryptocurrency. For other payment methods, you can purchase online at localcoinatm.com.
What nearby places can I visit before or after using the Localcoin Bitcoin ATM?
Nearby you can visit Little Saigon Vietnamese & Thai Restaurant for a meal, or stop by The Exchange Network ATM if you need additional cash services.
Are there any health or medical facilities near the Localcoin Bitcoin ATM?
Yes, nearby medical facilities include Family Eye Care, Limeworth X-Ray and Ultrasound, Wentworth Limeridge Medical Centre, and Hamilton Vascular laboratory among others.
What other retail and service locations are close to the Localcoin Bitcoin ATM?
Nearby services include Morelli’s Pharmacy, Vanilla Vape e-cigarette store, Direct Cell mobile phone store, and Party Max party supply store.