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.
It’s generally a fairly easy process but when the machines are fully or out of order technical support sometimes takes a while to fix the machine unless you call support for help and the hours of operation are not ideal especially on weekends! Plus there are not enough machines in London and they are too widely spread out if you lack transportation and have to use cabs. Those are my only complaint otherwise it’s a very convenient machine
SC
Sharon Campbell
Nov 14, 2023
5.0
The machine easy to use. I just wish I saw where I am giving money. I mean which country. It would stop scamers in their tracks if they knew .
RA
rose amiro
Aug 6, 2022
3.0
I have been using Bitcoin for quite some time. now and I find it is easy to do but where I live we only have one A.T.M
MM
Miranda Mclain
May 22, 2022
5.0
Great.
CH
Charlie Hozier
Dec 26, 2018
5.0
Moved into the city a few months ago and found out about these guys. Great that they're located across the city.
Frequently Asked Questions About Localcoin Bitcoin ATM - Hasty 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?
Localcoin is Canada’s largest cryptocurrency ATM network, allowing customers to buy cryptocurrencies with cash at physical locations such as convenience stores and gas stations.
How do I use the Localcoin Bitcoin ATM at 1162 Adelaide St N?
To use the Localcoin Bitcoin ATM, download a cryptocurrency wallet like Trust Wallet or Coinbase Wallet, bring the wallet or its QR code to the machine, select your cryptocurrency, scan your wallet QR code, insert cash, and confirm your purchase. Bitcoins will be sent to your wallet address typically within 10–30 minutes.
What are the operating hours of the Localcoin Bitcoin ATM at Hasty Market?
The Localcoin Bitcoin ATM at 1162 Adelaide St N is open 24 hours a day, seven days a week.
What cryptocurrencies can I buy at the Localcoin Bitcoin ATM in London?
You can buy Bitcoin, Litecoin, Ethereum, Cardano, Dogecoin, Shiba Inu, Ripple, USDC, and Tether at this ATM.
What payment methods are accepted at the Localcoin Bitcoin ATM?
Only Canadian cash bills are accepted at the Localcoin Bitcoin ATM. Other payment methods like debit or credit cards are available for online purchases via their website.
Are there any limits when purchasing Bitcoin at this ATM?
Yes, the minimum purchase amount is $20 CAD, and the maximum per transaction is $995 CAD with a maximum of 5 transactions allowed per day.
Is the Localcoin Bitcoin ATM at Hasty Market accessible for individuals with disabilities?
Yes, the ATM location at 1162 Adelaide St N has wheelchair accessible entrances and parking available.
What nearby places can help me find the Localcoin Bitcoin ATM at Hasty Market?
Nearby places that can help you locate the Localcoin Bitcoin ATM include Hasty Market - Beer Store & UHaul, and U-Haul Neighborhood Dealer, both in close proximity to 1162 Adelaide St N, London, ON.
What local shops and services are near the Localcoin Bitcoin ATM at Hasty Market?
Nearby shops and services include The Liquor Store for beverages, Walmart for general shopping, and Health services like Adelaide North Dental Care and Downtown Clinic Physiotherapy, useful for combining errands.
Are there dining options near the Localcoin Bitcoin ATM in London?
Yes, Mbm Biryani House, an Indian and Pakistani restaurant, is nearby, providing an option to enjoy a meal before or after using the ATM.