At our Bitcoin ATM in Mississauga 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.
Location
Localcoin Bitcoin ATM - Beckers Bellshire Convenience Store
Frequently Asked Questions About Localcoin Bitcoin ATM - Beckers Bellshire 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 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 services does it offer?
Localcoin is Canada’s largest cryptocurrency ATM network, allowing customers to buy cryptocurrency with cash at over 950 physical ATMs located in retail locations like convenience stores and gas stations.
What is Bitcoin and how does it work?
Bitcoin is a decentralized digital currency not controlled by any government or bank. It can be used for online purchases or as an investment, stored in a digital wallet app, and all transactions are recorded on the blockchain.
What is a Bitcoin ATM and how do I use one?
A Bitcoin ATM lets users buy or sell cryptocurrencies using cash. To use, get a crypto wallet app, scan your wallet’s QR code at the ATM, insert cash, and confirm the purchase. Bitcoins are then sent to your wallet address.
What cryptocurrencies can I buy at the Localcoin Bitcoin ATM at Beckers Bellshire Convenience Store?
You can buy Bitcoin, Litecoin, Ethereum, Cardano, Dogecoin, Shiba Inu, Ripple, USDC, and Tether at this Localcoin Bitcoin ATM.
What are the transaction limits when purchasing Bitcoin at this ATM?
The minimum purchase is $20 CAD, and the maximum is $995 per transaction, with up to 5 transactions allowed per day at this ATM.
What payment methods are accepted at Localcoin Bitcoin ATM?
Only Canadian cash bills are accepted at the ATM. For other payment options like debit or credit cards, you can purchase cryptocurrency online on Localcoin's website.
What are the operating hours of the Localcoin Bitcoin ATM at Beckers Bellshire Convenience Store?
This ATM is open Monday to Friday from 08:00 to 22:00, Saturday from 09:00 to 22:00, and Sunday from 09:00 to 21:00, local time (America/Toronto).
Is there wheelchair accessible parking available at the Localcoin Bitcoin ATM location?
Yes, the location has wheelchair accessible parking available for customers.
What nearby places can I visit before or after using the Localcoin Bitcoin ATM at Beckers Bellshire Convenience Store?
Nearby you can visit Urban Masala for Indian and Indo-Chinese cuisine, Shoppers Drug Mart for pharmacy and convenience needs, and Pizza Nova if you want some pizza before or after your transaction.
How can nearby healthcare facilities be useful during my visit to the Localcoin Bitcoin ATM at Beckers Bellshire Convenience Store?
Facilities like Dentistry In Meadowvale Village and Levi Walk-In and Children Clinic are nearby, so you can conveniently address healthcare needs before or after using the ATM services.
Are there any local services such as beauty salons or real estate agencies near the Localcoin Bitcoin ATM?
Yes, H&M Salon and H&M Hair & Spa are nearby for beauty services, and Savvy Real Estate Group and Zoom House Buyer offer real estate investment and agent services close to the ATM location.