At our Bitcoin ATM in Kitchener you can buy Bitcoin and other popular cryptocurrency, such as Ethereum, Litecoin, and Dogecoin 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 - Little Z Market
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 is this Bitcoin ATM located?
Localcoin is Canada's largest cryptocurrency ATM network that allows customers to buy cryptocurrency with cash at over 950 physical locations primarily in convenience stores and gas stations. This Bitcoin ATM is located at Little Z Market, 725 Ottawa St S, Kitchener, ON.
What cryptocurrencies can I buy at the Localcoin Bitcoin ATM in Kitchener?
You can buy Bitcoin, Litecoin, Ethereum, Cardano, Dogecoin, Shiba Inu, Ripple, USDC, and Tether at this Bitcoin ATM.
What are the operating hours for the Localcoin Bitcoin ATM at Little Z Market?
The ATM is open Monday to Saturday from 08:00 to 22:00 and Sunday from 08:00 to 09:30.
What payment methods are accepted at the Localcoin Bitcoin ATM?
Only Canadian cash bills are accepted at the Bitcoin ATM. For other payment options like debit or credit cards, you can purchase online at localcoinatm.com.
How do I use the Bitcoin ATM at Localcoin in Little Z Market?
First, get a Bitcoin wallet app like Trust Wallet, Exodus, or Coinbase Wallet. Visit the ATM with your wallet’s QR code and cash. Follow the touchscreen prompts to select your cryptocurrency and scan your wallet's QR code. Insert cash and confirm the amount to complete your purchase. Your cryptocurrency will be sent to your wallet address, usually within 10-30 minutes.
What are the minimum and maximum limits for purchasing Bitcoin at this ATM?
You can buy a minimum of $20 CAD and a maximum of $995 CAD per transaction, with up to 5 transactions allowed per day.
Is the Localcoin Bitcoin ATM at Little Z Market wheelchair accessible?
Yes, the ATM location has wheelchair accessible parking available.
Are there nearby dining options if I want to grab a meal before or after using the ATM?
Yes, nearby dining options include Subway for sandwiches, Pita Factory for Greek cuisine, Chicago Pub & Billiards for a pub atmosphere, Pizza Holic for pizza delivery, Shishalicious Cafe and Resto, Popeyes Louisiana Kitchen, Montana's BBQ, Boston Pizza, McDonald's Canada, and Veg Food Eatery, which offers vegetarian options.
What financial services are available near the Localcoin Bitcoin ATM?
Nearby financial services include Cashco Financial, which offers installment loans and mortgage brokering.
What nearby shops and services can customers visit when coming to the Localcoin Bitcoin ATM?
Customers can visit nearby services including William's Barber and Beauty, Hot Nails nail salon, Forest of Flowers gift shop, Sweet Licious desserts, multiple contractors like Cooks Creative Contracting and Braydan Contracting Services, and the Garden Centre at RONA+ for retail and home improvement needs.