Bitcoin ATM located in Avondale Food Stores. 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 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 that allows customers to buy cryptocurrencies with cash at physical locations, mainly convenience stores and gas stations, including over 950 ATMs across Canada.
How can I use the Localcoin Bitcoin ATM at Avondale Food Stores?
To use the Localcoin Bitcoin ATM, download a crypto wallet like Trust Wallet or Coinbase Wallet, visit the ATM at Avondale Food Stores, scan your wallet's QR code, insert CAD cash, and confirm your purchase. Bitcoins are sent to your wallet, typically within minutes.
What cryptocurrencies can I buy at the Localcoin ATM in Niagara-on-the-Lake?
You can buy Bitcoin, Litecoin, Ethereum, Cardano, Dogecoin, Shiba Inu, Ripple, USDC, and Tether at the Localcoin ATM located at Avondale Food Stores.
What are the operating hours of the Localcoin Bitcoin ATM at Avondale Food Stores?
The ATM is open from 6:30 AM to 11:00 PM Monday to Friday, and from 7:00 AM to 11:00 PM on Saturdays and Sundays.
What payment methods are accepted at the Localcoin Bitcoin ATM?
The Localcoin Bitcoin ATM accepts Canadian cash bills only. For other payment methods like debit or credit cards, you can use the Localcoin website for online purchases.
What are the purchase limits on the Localcoin Bitcoin ATM at Avondale Food Stores?
You can buy a minimum of $20 CAD and a maximum of $995 CAD per transaction, with up to 5 transactions allowed per day.
Are there any nearby banks where I can withdraw cash before using the Localcoin Bitcoin ATM?
Yes, the RBC Royal Bank and its ATM are nearby, which can be convenient if you need to withdraw Canadian cash before using the Localcoin Bitcoin ATM.
What nearby dining options are available before or after visiting the Localcoin Bitcoin ATM?
Nearby restaurants include Ruffino's Pasta Bar & Grill, BarBea Wine Shop and Snack Bar, Subway, and Tim Hortons, perfect for a meal or quick bite before or after your visit.
What convenience stores are close to the Localcoin Bitcoin ATM at Avondale Food Stores?
The Localcoin Bitcoin ATM is located inside Avondale Food Stores, and nearby is also Petro-Canada, which offers convenience store services alongside gas and car wash facilities.
Are there any local accommodations nearby for visitors planning to stay after using the Localcoin Bitcoin ATM?
Yes, nearby accommodations include Matisse Bed & Breakfast, Via Veneto Bed and Breakfast, Abacot Hall Bed and Breakfast, and Best Western Colonel Butler Inn, providing visitors with options to stay in Niagara-on-the-Lake.