Bitcoin ATM located in Keswick Variety. 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 - Keswick Variety
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 offer?
Localcoin is Canada's largest cryptocurrency ATM network, allowing customers to buy cryptocurrency with cash at physical locations primarily in convenience stores and gas stations.
What cryptocurrencies can I buy at the Localcoin Bitcoin ATM in Keswick Variety?
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 to purchase cryptocurrency?
Get a cryptocurrency wallet app like Trust Wallet, Exodus, or Coinbase Wallet. At the ATM, select your cryptocurrency, scan your wallet's QR code, insert cash, confirm the purchase, and receive the cryptocurrency in your wallet, usually instantly or within 10–30 minutes.
What are the operating hours of the Localcoin Bitcoin ATM at Keswick Variety?
The ATM operates daily from 7:00 AM to 10:00 PM, except on Sundays when it operates from 7:30 AM to 9:00 PM.
What payment methods does the Localcoin Bitcoin ATM accept?
The ATM accepts Canadian cash bills only. For other payment methods like debit or credit cards, you can purchase cryptocurrency online via their website.
Is the Localcoin Bitcoin ATM at Keswick Variety accessible to people with disabilities?
Yes, the location has wheelchair accessible entrances and parking.
Where is the Localcoin Bitcoin ATM located in Keswick?
It is located at 532 The Queensway S, Keswick, ON, L4P 2E6, inside Keswick Variety convenience store.
What nearby places can I visit when I come to use the Localcoin Bitcoin ATM in Keswick?
Nearby you can visit Keswick variety for groceries or convenience needs, Circle K for coffee and snacks, Casa Autentica Mexican Restaurant for dining, and Dairy Queen for fast food and ice cream.
Are there any nearby services related to home inspection or repairs near the Localcoin Bitcoin ATM?
Yes, Pillar to Post Home Inspectors and Pillar To Post Home Inspectors - Martiniuk Team offer home inspection and environmental testing services. Also, Midas provides automotive repair and oil change services.
How can nearby businesses like Keswick Tailoring or UPS Access Point location be helpful to customers visiting Localcoin Bitcoin ATM?
Customers can use Keswick Tailoring for sewing and alterations or appliance repairs, and UPS Access Point for courier and shipping services, making it convenient to handle multiple errands during a visit to the area.