Bitcoin ATM located in Barb's Laundromat - Victoria. 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
Location
Localcoin Bitcoin ATM - Barb's Laundromat - Victoria
The connection was great and delivered fast delivery
JN
Jo Anne Nietzschmann
Jul 30, 2022
1.0
I would rather have a receipt print out.
I put in my $500 in machine I was sent a wallet and she sent me the wrong one. I have lost $500 I would like to receive it back please? Help me
Frequently Asked Questions About Localcoin Bitcoin ATM - Barb's Laundromat - Victoria
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 services does the Localcoin Bitcoin ATM at Barb's Laundromat provide?
The Localcoin Bitcoin ATM at Barb's Laundromat allows customers to buy Bitcoin and other popular cryptocurrencies such as Ethereum, Litecoin, Cardano, Dogecoin, Ripple, and stablecoins like USDC and Tether using Canadian cash.
How can I buy Bitcoin using the Localcoin Bitcoin ATM?
To buy Bitcoin, first download a crypto wallet app like Trust Wallet, Exodus, or Coinbase Wallet. Then, visit the Localcoin Bitcoin ATM, scan your wallet's QR code on the machine, insert Canadian cash, and confirm the purchase. Your Bitcoins will be sent to your wallet, typically within 10 to 30 minutes.
What are the operating hours of the Localcoin Bitcoin ATM at Barb's Laundromat?
The ATM is open daily from 8:00 AM to 8:00 PM.
Where is the Localcoin Bitcoin ATM located?
It is located at 1200 Victoria Ave E, Thunder Bay, ON, inside Barb's Laundromat.
What payment methods are accepted at the Localcoin Bitcoin ATM?
The ATM accepts only Canadian cash bills. For debit or credit card purchases, customers can buy cryptocurrency online at the Localcoin website.
Are there any purchase limits when buying Bitcoin at this ATM?
Yes, the minimum purchase amount is $20 CAD and the maximum is $995 per transaction, with up to 5 transactions allowed per day.
Is there wheelchair accessible parking available at the ATM location?
Yes, the location has wheelchair accessible parking available.
Which nearby services can be convenient to visit along with the Localcoin Bitcoin ATM?
Nearby you can find services such as Donato Salon for beauty needs, The Aesthetics and Laser Clinic for medical spa services, and Savvymart Thunderbay grocery store, letting you combine your cryptocurrency needs with personal care or shopping.
Are there any nearby transportation or community services close to the Localcoin Bitcoin ATM?
Nearby community services include the New Hope Youth Centre and educational resources like the Eabametoong Education Authority, which may be helpful if you are engaging with local programs after your visit.
Can I visit other wellness and medical service providers near the Localcoin Bitcoin ATM?
Yes, several nearby providers include the Community Midwives of Thunder Bay, Avenue Dental On Victoria, and Gleeson Clinic, useful if you want to combine your visit with health or wellness appointments.