Bitcoin ATM located in Jollys Variety. 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
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 how does it operate?
Localcoin is Canada’s largest cryptocurrency ATM network, enabling customers to buy cryptocurrency with cash at over 950 physical ATMs, primarily located in convenience stores and gas stations.
What cryptocurrencies can I buy at the Localcoin Bitcoin ATM at Jollys Variety?
You can buy Bitcoin, Litecoin, Ethereum, Cardano, Dogecoin, Shiba Inu, Ripple, USDC, and Tether at the Localcoin Bitcoin ATM located at Jollys Variety.
How do I use the Bitcoin ATM at Localcoin in Jollys Variety?
First, get a crypto wallet app like Trust Wallet, Exodus, or Coinbase Wallet. Visit the Localcoin ATM with your wallet’s QR code and cash. At the machine, select a cryptocurrency, scan your wallet’s QR code, insert cash, confirm the purchase, and receive your coins, which typically transfer within minutes.
What are the purchase limits when buying Bitcoin at the Localcoin ATM?
You can purchase a minimum of $20 CAD and a maximum of $995 per transaction at the Localcoin ATM, with up to five transactions allowed per day.
What payment methods does Localcoin accept at their Bitcoin ATM?
Localcoin only accepts Canadian cash bills at their Bitcoin ATM. For other payment methods like debit or credit cards, purchases can be made online via their website.
Where is the Localcoin Bitcoin ATM located?
The Localcoin Bitcoin ATM is located inside Jollys Variety at 6636 Barker Street, Niagara Falls, ON, L2G 5J7, Canada.
What are the operating hours of the Localcoin Bitcoin ATM at Jollys Variety?
The ATM is open Monday to Friday from 7:00 AM to 10:00 PM, and on Saturday and Sunday from 8:00 AM to 9:00 PM.
Are there any convenient places nearby the Localcoin ATM where I can grab a meal?
Yes, nearby you can visit Jolly’s Adda Indian Street Food for authentic Indian cuisine, Fat Bastard Burrito Co. for Mexican food, or Swiss Chalet for Canadian comfort food and barbecue.
What nearby services can help me with transportation or travel needs?
U-Haul Neighborhood Dealer is nearby for truck rentals, and Prestige Limousine Niagara offers limo and airport shuttle services, making travel and transportation in the area convenient.
What nearby businesses could I visit for other errands when using the Localcoin ATM?
You can shop at Jolly’s Adda and Grocery for convenience items, visit Wireless Point for mobile phones and electronics, or use financial services like Western Union or RBC Royal Bank located close by.