At our Bitcoin ATM in Toronto 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.
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 at the Northview KFF Convenience location?
Localcoin is Canada's largest cryptocurrency ATM network, allowing customers to buy cryptocurrency with cash at physical retail locations including convenience stores like Northview KFF Convenience.
How can I buy Bitcoin using the Localcoin Bitcoin ATM?
To buy Bitcoin, download a Bitcoin wallet, visit the ATM with your wallet's QR code and cash, select your cryptocurrency, scan the QR code at the ATM, insert cash, confirm your purchase, and your Bitcoin will be sent to your wallet, usually within 10 to 30 minutes.
What cryptocurrencies can I purchase at this Bitcoin ATM?
You can buy Bitcoin, Litecoin, Ethereum, Cardano, Dogecoin, Shiba Inu, Ripple, USDC, and Tether at the Localcoin Bitcoin ATM located at Northview KFF Convenience.
What are the purchase limits for Bitcoin at this ATM?
The minimum purchase is $20 CAD and the maximum per transaction is $995 CAD, with a maximum of 5 transactions allowed per day.
What forms of payment are accepted at the Localcoin Bitcoin ATM?
Only Canadian cash bills are accepted at the ATM. For other payment methods like debit or credit cards, purchases can be made online via Localcoin's website.
What are the opening hours for the Localcoin Bitcoin ATM at Northview KFF Convenience?
The Bitcoin ATM is open Monday to Friday from 8:00 AM to 9:00 PM, and on Saturdays and Sundays from 9:00 AM to 9:00 PM.
Is the Localcoin Bitcoin ATM at Northview KFF Convenience accessible for people with disabilities?
Yes, the location has wheelchair accessible entrances and parking to accommodate customers with disabilities.
What nearby medical services are available close to the Localcoin Bitcoin ATM?
Nearby medical services include International Medical Graduates in Canada (IMG's), Bathurst Finch Dental Office, LifeLabs Medical Laboratory Services, Oxford Medical Imaging, and Maggie's Family Acupuncture House, providing health and dental care that customers might visit before or after using the ATM.
What nearby dining options are available around the Localcoin Bitcoin ATM location?
Customers can enjoy nearby dining at places like Belle Bar and Restaurant, Vicky's Kusina (Filipino restaurant), and Happy Bagel Bakery, perfect spots to visit before or after using the ATM.
Are there nearby financial and postal services that customers can use in conjunction with the Localcoin Bitcoin ATM?
Yes, nearby financial services include CIBC banks and Western Union money transfer service. Additionally, there is a UPS Access Point location for courier and shipping needs, conveniently located close to the ATM.