Bitcoin ATM located in Avondale Food Stores. 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
Details
Wheelchair accessible entranceAvailable
Location
Localcoin Bitcoin ATM - Avondale Food Stores - Stoney Creek
Frequently Asked Questions About Localcoin Bitcoin ATM - Avondale Food Stores - Stoney Creek
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 allowing customers to buy cryptocurrency with cash at physical locations, primarily convenience stores and gas stations, with over 950 ATMs.
What cryptocurrencies can I buy at the Localcoin Bitcoin ATM in Avondale Food Stores, Stoney Creek?
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 cryptocurrency?
First, download a crypto wallet like Trust Wallet, Exodus, or Coinbase Wallet. Visit the ATM with your wallet's QR code and cash. Scan your wallet's QR code at the ATM, insert cash, confirm the purchase amount, and your cryptocurrency will be sent to your wallet, usually instantly or within a few hours.
What are the operating hours of the Localcoin Bitcoin ATM at 570 Hwy 8, Stoney Creek?
The ATM is open Monday to Friday from 6 AM to 10 PM, and Saturday and Sunday from 7 AM to 10 PM.
What are the purchase limits when buying Bitcoin at this ATM?
The minimum purchase is $20 CAD, and the maximum is $995 per transaction, with up to 5 transactions allowed per day.
What payment methods are accepted at the Localcoin Bitcoin ATM in Stoney Creek?
Only Canadian cash bills are accepted. For other payment methods such as debit or credit cards, purchases can be made online at localcoinatm.com.
Is the Localcoin Bitcoin ATM at Avondale Food Stores wheelchair accessible?
Yes, the ATM location has both wheelchair accessible entrance and parking.
What nearby food options are available around the Localcoin Bitcoin ATM in Avondale Food Stores?
Nearby food options include Tim Hortons cafes and Fin City Fish and Chips restaurant, ideal for grabbing a coffee or meal before or after using the ATM.
Are there any convenience stores or gas stations near the Localcoin Bitcoin ATM that might help with directions or additional services?
Yes, the ATM is located inside Avondale Food Stores, and nearby Convenience stores like Circle K and gas stations like Shell are also close by, which can be useful landmarks or provide additional services.
What community services or recreational spots are near the Localcoin Bitcoin ATM in Stoney Creek?
Nearby community and recreational spots include Mapledene Park for outdoor activities, Stoney Creek Seniors Outreach Services, and various churches like Stoney Creek Alliance Church and Ebenezer Reformed Church, providing community engagement opportunities.