At our Bitcoin ATM in North York 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 (Buy & Sell) - Steeles West Convenience
Machine is very Slow and sometimes the discount codes don't work.
DH
David Harris
Jan 2, 2022
5.0
Unfortunately my last experience was not good as the funds never reached their destination I believe because the QR code expired..but it was done within a few hrs. Anyway will attempt again I hope with better results
Frequently Asked Questions About Localcoin Bitcoin ATM (Buy & Sell) - Steeles West Convenience
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 primarily located in convenience stores and gas stations.
What cryptocurrencies can I buy at the Localcoin Bitcoin ATM in North York?
You can purchase Bitcoin, Litecoin, Ethereum, Cardano, Dogecoin, Shiba Inu, Ripple, USDC, and Tether at the Localcoin Bitcoin ATM located in North York.
What are the opening hours of the Localcoin Bitcoin ATM at Steeles West Convenience in North York?
The Localcoin Bitcoin ATM is open Monday to Friday from 8:00 AM to 11:00 PM, Saturday from 8:00 AM to 9:00 PM, and Sunday from 9:00 AM to 8:00 PM.
How do I use a Bitcoin ATM at Localcoin?
To use a Localcoin Bitcoin ATM, first get a crypto wallet app such as Trust Wallet or Coinbase Wallet. Then visit the ATM with your wallet’s QR code and cash. Follow on-screen prompts to select your cryptocurrency, scan your wallet’s QR code, insert cash, and confirm your purchase. Bitcoins will be transferred to your wallet address usually within 10–30 minutes.
What are the purchase limits for buying Bitcoin at the Localcoin ATM?
You can buy a minimum of $20 CAD and a maximum of $995 CAD per transaction at the Localcoin ATM, with up to 5 transactions allowed per day.
What payment methods are accepted at the Localcoin Bitcoin ATM?
The Localcoin Bitcoin ATM accepts Canadian cash bills only. For debit or credit card payments, customers can use the Localcoin online platform.
Is the Localcoin Bitcoin ATM at Steeles West Convenience accessible for people with disabilities?
Yes, the ATM location has wheelchair accessible parking, ensuring accessibility for individuals with disabilities.
What nearby dining options are available around the Localcoin Bitcoin ATM at Steeles West Convenience?
Nearby dining options include Subway, Manchu Wok, Wild Wing, Snowbowl, Pho Foodie, Mr. Greek Restaurants, Mucho Burrito Fresh Mexican Grill, Thai Express, Teriyaki Experience, Extreme Pita, Booster Juice, Thai Bamboo, Pizzaville, and Starbucks Canada, offering a variety of cuisines for customers before or after their visit.
Are there financial services near the Localcoin Bitcoin ATM in North York to assist with currency exchange or money transfers?
Yes, nearby financial service providers include Western Union for currency exchange and money transfers, and Cash Money for check cashing and payday loans, which may assist customers handling cash transactions before using the Localcoin Bitcoin ATM.
What other services are available near the Localcoin Bitcoin ATM at Steeles West Convenience?
Nearby you can find services like Segal Homes for real estate and home development, Law Offices of Laman Meshadiyeva for legal services, GTDental for dental care, SmartStyle and First Choice Haircutters for hair and beauty, Massage Addict for massage and holistic treatments, and Eternal Jewellers for shopping needs.