Bitcoin ATM located in Byron Mini Mart. 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 - Byron Mini Mart
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 Trust Wallet and Blue Wallet.
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 find its Bitcoin ATMs?
Localcoin is Canada’s largest cryptocurrency ATM network allowing customers to buy cryptocurrency with cash at physical retail locations, mainly convenience stores and gas stations, including the ATM at Byron Mini Mart in London, ON.
How do I use the Localcoin Bitcoin ATM at Byron Mini Mart?
To use the ATM, get a Bitcoin wallet app like Trust Wallet, bring your wallet’s QR code and cash to the ATM, select your cryptocurrency, scan your QR code for wallet address, insert cash, and confirm the purchase. Bitcoins are sent to your wallet usually within minutes.
What cryptocurrencies can I buy at Localcoin Bitcoin ATM - Byron Mini Mart?
You can buy Bitcoin, Litecoin, Ethereum, Cardano, Dogecoin, Shiba Inu, Ripple, USDC, and Tether at this ATM.
What are the transaction limits at the Byron Mini Mart Localcoin Bitcoin ATM?
The minimum purchase is $20 CAD and the maximum is $995 per transaction, with up to 5 transactions allowed per day.
What payment methods are accepted at the Localcoin Bitcoin ATM?
The ATM accepts only Canadian cash bills for cryptocurrency purchases. Debit or credit card payments can be made online at localcoinatm.com.
What are the opening hours for the Localcoin Bitcoin ATM at Byron Mini Mart?
The ATM is available daily from 7:00 AM to 10:30 PM.
Where is the Localcoin Bitcoin ATM - Byron Mini Mart located?
It is located at 1290 Byron Baseline Road, London, ON, N6K 4G8, Canada, inside the Byron Mini Mart convenience store.
What nearby places can I visit when using the Localcoin Bitcoin ATM - Byron Mini Mart?
Nearby you can visit Bernie’s Bar & Grill for a meal or drink, Domino’s Pizza for quick pizza delivery, or relax at Lucky Nail & Spa after your visit to the ATM.
Are there any medical or wellness centers close to Localcoin Bitcoin ATM - Byron Mini Mart?
Yes, nearby are West London Spinal Decompression and Kay Harris Chiropractic & Wellness Centre if you need health and wellness services while visiting the area.
How can nearby amenities assist customers visiting the Localcoin Bitcoin ATM?
Customers can conveniently use local places like Pharmasave Pharmacy for health needs, enjoy food options at Abe’s Subs & Wraps BYRON, or stop by Circle K for coffee while visiting the ATM at Byron Mini Mart.