At our Bitcoin ATM in Sault Ste. Marie 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.
Frequently Asked Questions About Localcoin Bitcoin ATM - Metallo's Mini Mart
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 provide?
Localcoin is Canada's largest cryptocurrency ATM network that allows customers to buy cryptocurrency with cash at physical locations, mainly convenience stores and gas stations, with over 950 ATMs across Canada.
How do I use the Localcoin Bitcoin ATM at Metallo's Mini Mart?
To use a Localcoin Bitcoin ATM, get a Bitcoin wallet app (like Trust Wallet or Coinbase Wallet), visit the ATM, select your cryptocurrency, scan your wallet QR code, insert cash, confirm your purchase, and your coins will be sent to your wallet within minutes.
What payment methods are accepted at the Localcoin Bitcoin ATM?
The Localcoin Bitcoin ATM accepts only Canadian cash bills for purchases. Other payment methods such as debit or credit cards can be used for online purchases on their website.
What cryptocurrencies are available at the Localcoin Bitcoin ATM in Sault Ste. Marie?
You can buy Bitcoin, Litecoin, Ethereum, Cardano, Dogecoin, Shiba Inu, Ripple, USDC, and Tether at the Localcoin Bitcoin ATM located at Metallo's Mini Mart.
What are the operating hours for the Localcoin Bitcoin ATM at 147 Northern Avenue East?
The ATM is open Monday to Saturday from 8:00 AM to 10:00 PM, and Sunday from 9:00 AM to 9:00 PM.
What is the address and contact number for the Localcoin Bitcoin ATM in Sault Ste. Marie?
The Localcoin Bitcoin ATM at Metallo's Mini Mart is located at 147 Northern Avenue East, Sault Ste. Marie, ON P6B 4H8. You can contact them at +1 877-412-2646.
Are there any wheelchair accessible parking options at the Localcoin Bitcoin ATM location?
Yes, the location offers wheelchair accessible parking for customers.
What nearby places can I visit when I come to use the Localcoin Bitcoin ATM at Metallo's Mini Mart?
Nearby, you can visit R.loft for women's clothing, Great Lakes Kinesiology for health and counseling services, and RAM Fitness and Cycling Studio for gym and cycling classes.
How can nearby locations like Metallo's Mini Mart and Prime Cuts Meat & Deli be useful when visiting the Localcoin Bitcoin ATM?
Metallo's Mini Mart, where the ATM is located, offers convenience items, so you can shop while using the ATM. Prime Cuts Meat & Deli nearby is a great place to grab fresh groceries or a bite before or after your transaction.
What real estate services are available near the Localcoin Bitcoin ATM location?
Nearby, several real estate agents and agencies such as Home Town Real Estate Ltd, Realty Executives Algoma, and Sonya Portengen Sales Rep. Realty Executives Castle Alliance Ltd. are available for any property buying or selling needs.