At our Bitcoin ATM in Sudbury 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.
Location
Localcoin Bitcoin ATM (Buy & Sell) - The Corner Store
Frequently Asked Questions About Localcoin Bitcoin ATM (Buy & Sell) - The Corner Store
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?
Localcoin is Canada’s largest cryptocurrency ATM network that enables customers to buy cryptocurrency with cash at physical locations, mainly convenience stores and gas stations with over 950 ATMs.
What is Bitcoin and how can I use it?
Bitcoin is a decentralized digital currency not controlled by any government. It can be used to buy goods and services online or held as an investment, with transactions recorded on the blockchain.
How does a Bitcoin ATM work?
A Bitcoin ATM allows you to buy Bitcoin and other cryptocurrencies using cash, similarly to a traditional ATM, by depositing cash and receiving crypto in your wallet or selling crypto to receive cash.
How do I use the Localcoin Bitcoin ATM at The Corner Store?
Get a crypto wallet app like Trust Wallet, Exodus, or Coinbase Wallet, visit the ATM with your wallet’s QR code and cash, scan the code at the machine, insert cash, confirm the purchase, and your Bitcoins will be sent to your wallet within minutes.
What cryptocurrencies can I buy at this ATM?
You can buy Bitcoin, Litecoin, Ethereum, Cardano, Dogecoin, Shiba Inu, Ripple, USDC, and Tether at the Localcoin Bitcoin ATM at The Corner Store in Sudbury.
What are the purchase limits at the Localcoin Bitcoin ATM?
The minimum purchase amount is $20 CAD, the maximum is $995 per transaction, and you can make up to 5 transactions per day.
What payment methods does the Localcoin Bitcoin ATM accept?
The ATM accepts Canadian cash bills only. For debit or credit card payments, purchases can be made online through the Localcoin website.
Where is the Localcoin Bitcoin ATM located in Sudbury?
It is located at 428 Westmount Avenue, Sudbury, Ontario, postal code P3A 5V8, inside The Corner Store.
What are the opening hours of the Localcoin Bitcoin ATM at The Corner Store?
The ATM is open daily from 8:00 AM to 10:00 PM.
Are there nearby places of interest around the Localcoin Bitcoin ATM?
Yes, nearby places include Nathalie's New Deals thrift store, Complete Family Chiropractic & Wellness Centre, Bombay Spices grocery store, and Starbucks Canada coffee shop, offering options for shopping, health, and refreshment before or after your visit.
Can I visit nearby businesses such as Nathalie's New Deals or Bombay Spices when using the Localcoin ATM?
Absolutely! You can conveniently visit Nathalie's New Deals for antiques and thrift shopping or stop by Bombay Spices for groceries either before or after using the Localcoin Bitcoin ATM at The Corner Store.
Is there a coffee shop near the Localcoin Bitcoin ATM where I can relax?
Yes, Starbucks Canada is nearby, providing a great spot to enjoy a coffee or smoothie before or after your visit to the ATM.