Business Details
About
ATM
At our Bitcoin ATM in Niagara Falls 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.
Details
- Wheelchair accessible entranceAvailable
Location
Localcoin Bitcoin ATM - Busy Bee Food Mart
5203 Victoria Avenue, Niagara Falls, ON
L2E 4E4, Canada
Hours
Reviews
3.9
14 reviews
5 stars
7
4 stars
2
3 stars
3
2 stars0
1 star
2
- SPSamantha PizzicarolaJan 4, 20245.0I've never had any issues with this process... Im not going to lie when this was first introduced into Leo's lost and things started really changing on all the different kinds of sites out there that they have our there for us ladies to be able to use easy and safley I actually did take me a bit to learn how to use this as a way to play my ad...I just count not find it in me to figure it out for quite a bit to be honest., ... I really thought it was sooo difficult...but once I actually learned to use the machine I couldn't believe how long it had really taken me to complete this super easy process.,.,I truly couldn't believe how simple it was !and how long it took me to to see.how quick and how the step by step instructions really really made it incredibly simple to be able to put up your ad .... There's Bitcoin machines in pretty much most 24 hour convenience stores and many other places aswell, that made it even more helpful and how crazy fast it was to complete this task.
- RMRob McbrideJun 18, 20204.0Great conveniences
- MRMichael RosarioFeb 9, 20203.0You can only buy coins here NOT SELL
Frequently Asked Questions About Localcoin Bitcoin ATM - Busy Bee Food 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 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, enabling customers to buy cryptocurrencies like Bitcoin with cash at physical locations, mainly convenience stores and gas stations.
How does a Bitcoin ATM work at Localcoin?
A Bitcoin ATM lets you buy or sell Bitcoin and other cryptocurrencies using cash. You insert cash and the machine sends cryptocurrency to your digital wallet or dispenses cash for coins sold.
How do I use the Bitcoin ATM at Localcoin Bitcoin ATM - Busy Bee Food Mart?
First, download a crypto wallet app like Trust Wallet or Coinbase Wallet. Bring your wallet's QR code to the ATM, select your cryptocurrency, scan the QR code, insert cash, confirm purchase, and the crypto will be sent to you.
What cryptocurrencies are available at this ATM?
This ATM sells Bitcoin, Litecoin, Ethereum, Cardano, Dogecoin, Shiba Inu, Ripple, USDC, and Tether.
What are the purchase limits at this Localcoin ATM?
You can buy between $20 CAD and $995 CAD per transaction, with up to 5 transactions per day at this ATM.
What payment methods does the Localcoin ATM accept?
The ATM only accepts Canadian cash bills for purchases. Other payment methods like debit or credit cards can be used through the online website.
What are the operating hours of the Localcoin Bitcoin ATM - Busy Bee Food Mart in Niagara Falls?
The Bitcoin ATM is available 24 hours a day, 7 days a week, always open for customer use.
Is the Localcoin Bitcoin ATM at Busy Bee Food Mart accessible?
Yes, the location has wheelchair-accessible entrances and parking for customers requiring accessibility accommodations.
Where is the Localcoin Bitcoin ATM located and what nearby convenience stores can I visit?
The ATM is located at 5203 Victoria Avenue, Niagara Falls, ON. Nearby convenience stores include Busy Bee Food Mart, 7-Eleven, and Bombay Mart for quick shopping before or after using the ATM.
What nearby eateries can I visit near the Localcoin Bitcoin ATM?
You can visit Cafe Dalbodre for coffee or smoothies, Subway for sandwiches, or Niko's Place for quick burgers and hot dogs near the ATM at Busy Bee Food Mart.
Are there other useful services near the Localcoin Bitcoin ATM for visitors?
Nearby services include Shoppers Drug Mart (pharmacy and convenience), Canada Post for mailing, and Avis Rent A Car for vehicle rentals, making the area convenient for various errands.