At our Bitcoin ATM in Scarborough 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.
OMG OMG that easy with the Bitcoin ATM took me only a seconds to do it.thank you Bitcoin easy experience!
MS
Masuma Shuchi
Sep 6, 2021
1.0
Disgusting service. I wanted digital photo for my study permit. But they didn’t send it to me. Because of them am late for my paper work.I call them 100 times their behaviour was worst. They don’t even care. Their service and behaviour with the costumers is unacceptable.
AA
Azaan Ashraf
Oct 15, 2019
4.0
AMAZING LOCATION!! They charge 12.8% but you're at a mall. What ya expect?? Really convenient spot tbh. Located in the grocery store inside the mall right by the TTC station. This is my go to spot. Id happily pay 2.8% more and be able to get my bitcooons right away. Grocery store clerks don't know anything about crypto and told me it's a scam. Lol.
Keep thinking that u plebs
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 retail locations including convenience stores and gas stations.
What cryptocurrencies can I buy at the Localcoin Bitcoin ATM at STC - Gateway Newstands?
You can buy Bitcoin, Litecoin, Ethereum, Cardano, Dogecoin, Shiba Inu, Ripple, USDC, and Tether at this ATM.
How do I use the Localcoin Bitcoin ATM to purchase Bitcoin?
First, download a Bitcoin wallet app like Trust Wallet or Coinbase Wallet. At the ATM, select your cryptocurrency, scan your wallet's QR code, insert cash, confirm the purchase, and your cryptocurrency will be sent to your wallet typically within 10–30 minutes.
What are the operating hours of the Localcoin Bitcoin ATM at STC - Gateway Newstands?
The ATM is open Monday to Friday from 10:00 to 21:00, Saturdays from 09:30 to 21:00, and Sundays from 11:00 to 19:00.
What payment methods are accepted at the Localcoin Bitcoin ATM?
Only Canadian cash bills are accepted at the ATM. For other payment methods, purchases can be made online at localcoinatm.com.
What are the Bitcoin purchase limits at the Localcoin Bitcoin ATMs?
The minimum purchase is $20 CAD and the maximum is $995 per transaction, with up to 5 transactions allowed per day.
Is the Localcoin Bitcoin ATM at STC - Gateway Newstands wheelchair accessible?
Yes, the ATM location has wheelchair accessible entrance and parking.
What nearby stores can I visit before or after using the Localcoin Bitcoin ATM at STC - Gateway Newstands?
Nearby stores include Dynamite and Jack & Jones clothing stores, New York Fries restaurant, and Urban Customz which combines restaurant and clothing services.
Which nearby shopping options are available around the Localcoin Bitcoin ATM at Scarborough Town Centre?
You can shop at Sears Canada department store, Pandora jewelry store, Buy-A-Bear Workshop toy store, IKEA retail store, and Decathlon Scarborough retail store.
What nearby services can assist me with telecommunications or mobile phone needs near the Localcoin Bitcoin ATM?
TELUS stores and Mobile Klinik for mobile phone repair are located nearby the ATM, providing telecommunications and repair services.