Bitcoin ATM located in Sutton Daisy Mart. 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 - Sutton Daisy Mart
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 do they offer at the Sutton Daisy Mart location?
Localcoin is Canada’s largest cryptocurrency ATM network where customers can buy cryptocurrencies like Bitcoin and Ethereum using cash at physical ATMs. At the Sutton Daisy Mart location, you can buy Bitcoin and other popular cryptocurrencies with cash.
How do I use the Localcoin Bitcoin ATM at Sutton Daisy Mart?
To use the ATM, first get a Bitcoin wallet app such as Trust Wallet or Coinbase Wallet. Visit the ATM with your wallet's QR code and cash. Follow on-screen prompts to select your cryptocurrency, scan the wallet QR code, insert cash, and confirm the purchase. Your coins will be sent to your wallet, typically within minutes.
What cryptocurrencies can I buy at the Localcoin Bitcoin ATM at Sutton Daisy Mart?
You can buy Bitcoin, Litecoin, Ethereum, Cardano, Dogecoin, Shiba Inu, Ripple, USDC, and Tether at this ATM.
What are the purchase limits at the Localcoin Bitcoin ATM?
The minimum purchase amount is $20 CAD and the maximum is $995 per transaction, with up to 5 transactions allowed per day.
What payment methods does the Localcoin Bitcoin ATM accept?
The ATM accepts Canadian cash bills only. For payments by debit or credit card, purchases can be made online on their website.
What are the operating hours of the Localcoin Bitcoin ATM at Sutton Daisy Mart?
The ATM is open daily from 6:30 AM to 10:00 PM.
Is there wheelchair accessible parking available at the Sutton Daisy Mart location?
Yes, the location offers wheelchair accessible parking for customers.
Are there places nearby where I can grab a coffee or quick meal before or after using the ATM?
Yes, nearby you can visit Tim Hortons for coffee and quick meals, as well as Pizza Pizza and Domino's Pizza for various food options.
If I'm visiting the Localcoin ATM, where can I buy groceries or home supplies nearby?
You can shop for groceries at Sobeys, and for home improvement needs at Home Hardware and Schell Lumber, all located near the ATM.
What other community services and amenities are close to the Localcoin Bitcoin ATM at Sutton Daisy Mart?
Nearby community services include Community Living and Peter Gzowski Library. For pet services, Dalton Road Veterinary Clinic is nearby, and for religious services, Immaculate Conception Catholic Church is also close by.