At our Bitcoin ATM in Kingston you can buy Bitcoin and other popular cryptocurrency, such as Ethereum and Litecoin, with cash. With Canada's largest network of Bitcoin ATMs, 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 - Quik Chek 2007
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 provide?
Localcoin is Canada's largest cryptocurrency ATM network, allowing customers to buy cryptocurrency with cash at physical ATMs located mainly in convenience stores and gas stations.
What cryptocurrencies can I buy at the Localcoin Bitcoin ATM in Kingston?
You can buy Bitcoin, Litecoin, Ethereum, Cardano, Dogecoin, Shiba Inu, Ripple, USDC, and Tether at the Kingston Localcoin Bitcoin ATM.
How do I use the Bitcoin ATM at the Quik Chek 2007 location?
To use the Bitcoin ATM: 1) Get a Bitcoin wallet such as Trust Wallet, Exodus, or Coinbase Wallet. 2) Visit the Localcoin ATM with your wallet's QR code and cash. 3) Follow the touchscreen instructions to scan your wallet QR code, insert CAD bills, and confirm your purchase. Your Bitcoins will be sent to your wallet, typically instantly or within 10-30 minutes.
What are the operating hours for the Localcoin Bitcoin ATM at 730 Front Rd in Kingston?
The ATM is open daily from 7:00 AM to 10:00 PM.
What payment methods are accepted at the Localcoin Bitcoin ATM?
Only Canadian cash bills are accepted at the ATM. For debit or credit card payments, you can purchase cryptocurrency online at localcoinatm.com.
Are there any accessibility features for the Localcoin Bitcoin ATM at Kingston?
Yes, the location offers wheelchair accessible parking.
Where is the Localcoin Bitcoin ATM located in Kingston?
It is located at 730 Front Rd, Kingston, ON, postal code K7M 6P7, Canada, inside the Quik Chek convenience store.
What nearby restaurants can I visit before or after using the Bitcoin ATM at Quik Chek 2007?
Nearby restaurants include Days on Front, a French-Canadian restaurant; Paulina’s, a diner; and Mamma Mia pizza, an Italian restaurant, offering a variety of dining options around your visit.
Are there any healthcare facilities near the Localcoin Bitcoin ATM at Kingston?
Yes, near the ATM you will find Reedendale Family Health Centre, Reddendale Pharmacy, Lakeshore Animal Hospital, Aridia Medical Clinic, and Kingston Chiropractic and Rehabilitation for various health needs.
What are some nearby points of interest that could be useful if I'm visiting the Localcoin Bitcoin ATM at Kingston?
Nearby points of interest include BMO Bank of Montreal for additional banking services, Centre 70 Arena for sports and recreation, and the Kingston Indo Group cultural center, which enriches your visit with cultural activities.