Business Details
About
ATMCryptocurrency ATM
Bitcoin ATM located in Frontenac Convenience Store. 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
Location
Localcoin Bitcoin ATM - Frontenac Convenience Store
971 Commissioners Road East, London, ON
N5Z 3H9, Canada
Hours
Frequently Asked Questions About Localcoin Bitcoin ATM - Frontenac Convenience 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 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 what services does it offer?
Localcoin is Canada’s largest cryptocurrency ATM network offering the ability to buy cryptocurrency with cash at over 950 physical ATMs mainly located in convenience stores and gas stations.
What cryptocurrencies can I buy at the Localcoin Bitcoin ATM located in Frontenac Convenience Store?
You can buy Bitcoin, Litecoin, Ethereum, Cardano, Dogecoin, Shiba Inu, Ripple, USDC, and Tether at this ATM.
How do I use the Localcoin Bitcoin ATM to purchase cryptocurrency?
First, get a Bitcoin wallet app such as Trust Wallet, Exodus, or Coinbase Wallet. Then visit the ATM with your wallet's address or QR code and cash. Follow on-screen prompts to select cryptocurrency, scan your wallet's QR code, insert cash, confirm your purchase and receive your coins in your wallet shortly after.
What are the operating hours of the Localcoin Bitcoin ATM at Frontenac Convenience Store?
The ATM is open Monday to Friday from 8:30 AM to 9:00 PM and on weekends from 9:00 AM to 9:00 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, customers can use Localcoin's online website.
What are the transaction limits when purchasing cryptocurrency at the Localcoin ATM?
The minimum purchase amount is $20 CAD, and the maximum is $995 per transaction with up to 5 transactions allowed per day.
Where is the Localcoin Bitcoin ATM located in London?
It is located at 971 Commissioners Road East inside the Frontenac Convenience Store in London, Ontario, Canada.
What nearby places can help me while visiting the Localcoin Bitcoin ATM at Frontenac Convenience Store?
Nearby places include Frontenac Pharmacy for medical supplies, P C Wizards for computer repair, and Partners In Health for massage therapy if you want to relax before or after your visit.
Are there any parks or outdoor places near the Localcoin Bitcoin ATM where I can spend time?
Yes, Westminster Park Apartments is nearby and includes a park area. Additionally, Caesars Dog Park is close by if you want to visit an active life dog park.
Can I combine my trip to the Localcoin Bitcoin ATM with visiting local landmarks or services?
Yes, you can visit The Bristol, which is a nearby hotel, bar, and condominium complex, or access services like King Edward Dentistry or the insurance office of John Crowther Desjardins near the ATM.