Localcoin Bitcoin ATM - Coffey's News Depot

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.

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.

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.

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.

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

We sell Bitcoin, Litecoin, Ethereum, Cardano, Dogecoin, Shiba Inu, Ripple, USDC, and Tether at our ATMs.

Localcoin Bitcoin ATM at Coffey's News Depot is part of Canada's largest cryptocurrency ATM network where customers can buy Bitcoin and other popular cryptocurrencies using cash.

You can buy Bitcoin, Litecoin, Ethereum, Cardano, Dogecoin, Shiba Inu, Ripple, USDC, and Tether at the Localcoin Bitcoin ATM.

Download a crypto wallet app like Trust Wallet or Coinbase Wallet, bring its QR code to the ATM, select your cryptocurrency, scan the QR code, insert cash, and confirm your purchase. Your coins will be sent to your wallet usually within minutes.

The minimum purchase amount is $20 CAD and the maximum is $995 per transaction, with up to 5 transactions allowed per day.

The ATM accepts only Canadian cash bills for purchasing cryptocurrency. For other payment methods, you can purchase online via the Localcoin website.

The ATM is open Monday through Saturday from 10:00 AM to 9:00 PM, and Sunday from 10:00 AM to 7:00 PM.

It is located at 591 Talbot Street, St Thomas, Ontario, within Coffey's News Depot.

Nearby you can visit Rail City Bistro, a local restaurant, or check out JMS Media Play, a convenience store and music/DVD shop, which could be convenient before or after using the ATM.

Yes, there are several nearby including Passionate Nails beauty salon and multiple massage therapy clinics such as Simply Massage and Associates and DRL Massage Therapy Clinic.

Absolutely, nearby you can visit art galleries like DeNeires Gallery of Fine Art, shop at Loralin Flowers & Gifts, or explore fashion and shoe stores such as Saint T Sneaker Fraternity and Suzanne Faris.