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Bitcoin ATM located in Pioneer . 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
Frequently Asked Questions About Localcoin Bitcoin ATM - Pioneer
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 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 provide?
Localcoin is Canada's largest cryptocurrency ATM network, allowing customers to buy cryptocurrency with cash at physical ATM locations primarily in convenience stores and gas stations.
What cryptocurrencies can I purchase at the Localcoin Bitcoin ATM - Pioneer?
You can buy Bitcoin, Litecoin, Ethereum, Cardano, Dogecoin, Shiba Inu, Ripple, USDC, and Tether using the Localcoin Bitcoin ATM.
What are the operating hours for the Localcoin Bitcoin ATM in Pioneer?
The Localcoin Bitcoin ATM at 800 Taunton Road West in Oshawa is open 24 hours a day, seven days a week.
How do I use the Localcoin Bitcoin ATM to purchase cryptocurrency?
To use the ATM, first get a crypto wallet app like Trust Wallet or Coinbase Wallet. Visit the ATM with your wallet's QR code and cash, scan the QR code at the machine, insert cash, confirm your purchase, and the cryptocurrency will be sent to your wallet, usually within minutes.
What payment methods are accepted at the Localcoin Bitcoin ATM - Pioneer?
The ATM accepts Canadian cash bills only. For other payment methods, you can purchase cryptocurrency online at localcoinatm.com.
What are the minimum and maximum Bitcoin purchase limits at the Localcoin Bitcoin ATM?
The minimum purchase amount is $20 CAD, and the maximum is $995 per transaction, with up to 5 transactions allowed per day.
Where is the Localcoin Bitcoin ATM located in Oshawa?
The ATM is located at 800 Taunton Road West, Oshawa, ON L1L 0P1, Canada, in the Pioneer area.
Are there any nearby places of interest when visiting the Localcoin Bitcoin ATM in Pioneer?
Yes, nearby you can visit Coffee time for donuts, International Pool and Spa Centers for shopping, and Pioneer Energy gas station. These places provide convenient options for food, shopping, and refueling during your visit.
How can nearby transit or services help me find the Localcoin Bitcoin ATM - Pioneer?
Nearby landmarks such as the Pioneer gas station and the RBC Royal Bank ATM can help you locate the Localcoin Bitcoin ATM. These familiar spots make it easier to find the ATM if you are new to the area.
What recreational spots are close to the Localcoin Bitcoin ATM in Pioneer?
Recreational spots nearby include The Ice Shed skate park, Durham Driving Range golf course, and Power Yoga Canada Oshawa. You might enjoy visiting these locations before or after your cryptocurrency transaction.