At our Bitcoin ATM in London 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.
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 service does it provide?
Localcoin is Canada’s largest cryptocurrency ATM network, allowing customers to buy cryptocurrency with cash at physical locations such as convenience stores and gas stations.
How can I use the Localcoin Bitcoin ATM at 99 Belmont Dr in London?
To use the Bitcoin ATM, first get a crypto wallet app, then visit the Localcoin ATM at 99 Belmont Dr, scan your wallet's QR code at the machine, insert cash, and confirm the purchase. The purchased cryptocurrency will be sent to your wallet shortly after.
What cryptocurrencies can I buy at the Localcoin Bitcoin ATM located in Hasty Market, London?
At this Localcoin ATM, you can buy Bitcoin, Litecoin, Ethereum, Cardano, Dogecoin, Shiba Inu, Ripple, USDC, and Tether.
What are the operating hours for the Localcoin Bitcoin ATM at 99 Belmont Dr?
The Bitcoin ATM is available 24 hours a day, 7 days a week, providing customers with round-the-clock access.
What payment methods does the Localcoin Bitcoin ATM accept?
The machine accepts Canadian cash bills only. For debit or credit card purchases, customers can use the online service at localcoinatm.com.
Are there any purchasing limits at the Localcoin Bitcoin ATM?
Yes, the minimum purchase amount is $20 CAD, while the maximum is $995 per transaction, with a maximum of 5 transactions allowed per day.
Does the Localcoin ATM at Hasty Market have wheelchair accessible parking?
Yes, this location provides wheelchair accessible parking for customers' convenience.
What nearby places can I visit near the Localcoin Bitcoin ATM at 99 Belmont Dr?
Nearby you can find Hasty Market convenience store, Pho 4 U Vietnamese restaurant, and Twice The Deal Pizza restaurant, which are convenient spots to visit before or after using the ATM.
Are there any financial or insurance services near the Localcoin ATM at 99 Belmont Dr?
Yes, nearby you will find H&R Block Canada for tax services and multiple Desjardins Insurance Agents, including Kevin Gardner and Tammy Storring, offering insurance services.
How can nearby transit or local businesses help me find the Localcoin Bitcoin ATM in London?
The ATM is inside Hasty Market at 99 Belmont Dr, near landmarks such as Highland Woods Dentistry, Rusty's Lock and Key, and several restaurants. These can help you easily locate the ATM when visiting the area.