At our Bitcoin ATM in Kirkland Lake 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 - Pronto Store
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 where can I use their Bitcoin ATMs?
Localcoin is Canada's largest cryptocurrency ATM network, offering over 950 ATMs at retail locations, mainly convenience stores and gas stations, to buy cryptocurrencies with cash.
What cryptocurrencies are available at the Localcoin Bitcoin ATM in Kirkland Lake?
The ATM sells Bitcoin, Litecoin, Ethereum, Cardano, Dogecoin, Shiba Inu, Ripple, USDC, and Tether.
How do I use the Bitcoin ATM at the Pronto Store in Kirkland Lake?
Bring a crypto wallet with your QR code. At the ATM, select your cryptocurrency, scan your wallet's QR code, insert cash, confirm the purchase, and your coins will be sent to your wallet usually instantly or within 1-2 hours.
What are the purchase limits at the Localcoin Bitcoin ATM in Kirkland Lake?
You can buy a minimum of $20 CAD and a maximum of $995 CAD per transaction, with up to 5 transactions allowed per day.
What payment methods are accepted at this Bitcoin ATM?
Only Canadian cash bills are accepted. For debit or credit card purchases, visit Localcoin's website.
What are the operating hours of the Localcoin Bitcoin ATM at Pronto Store, Kirkland Lake?
The ATM is open 24 hours daily, seven days a week, providing round-the-clock service.
Does the Localcoin Bitcoin ATM location have wheelchair accessible parking?
Yes, the location provides wheelchair accessible parking to accommodate all customers.
Can I visit any nearby places along with using the Localcoin Bitcoin ATM?
Yes, nearby you can visit Pronto Store for convenience shopping, The Bellevue bar and music venue for entertainment, or Snackzilla Chips and Chaat for dining options.
How can nearby places like The Bellevue or Snackzilla Chips and Chaat enhance my visit to the Bitcoin ATM?
You might enjoy grabbing a bite at Snackzilla Chips and Chaat or catch live music and drinks at The Bellevue before or after using the Bitcoin ATM for a well-rounded visit.
Are there any local schools or community spots near the Localcoin Bitcoin ATM at Pronto Store?
Yes, nearby schools include Sacred Heart School and Ecole Catholique Jean Vanier, and community spots like Trinity United Church and Encore Club of Kirkland Lake.