At our Bitcoin ATM in Toronto 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.
its ok to purchase crypto here during the day but after hours in the am the man working at that time will be staring at you like a hawk until you leave the store,,very uncomfortable..i guess "hurry up and buy!"
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 how can I use it?
Localcoin is Canada's largest cryptocurrency ATM network, allowing customers to buy cryptocurrency with cash at over 950 physical ATM locations primarily in convenience stores and gas stations.
What cryptocurrencies are available at the Localcoin Bitcoin ATM in Toronto?
You can buy Bitcoin, Litecoin, Ethereum, Cardano, Dogecoin, Shiba Inu, Ripple, USDC, and Tether at our Bitcoin ATM in Toronto.
How do I purchase cryptocurrency at the Localcoin Bitcoin ATM?
Visit the ATM with your crypto wallet or QR code, select your desired cryptocurrency, scan your wallet's QR code at the machine, insert Canadian cash, confirm the purchase, and the cryptocurrency will be sent to your wallet — transactions typically take up to 30 minutes.
What are the operational hours of the Localcoin Bitcoin ATM at Brother's Discount convenience?
The Localcoin Bitcoin ATM at 1478 Dundas St W, Toronto, is open 24 hours a day, 7 days a week.
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 use the online website.
What are the purchase limits for Bitcoin at this ATM?
You can buy a minimum of $20 CAD and a maximum of $995 CAD per transaction, with up to 5 transactions allowed per day.
Where is the Localcoin Bitcoin ATM - Brother's Discount convenience located?
It is located at 1478 Dundas St W, Toronto, ON M6J 1Y6, Canada.
What nearby dining options can I visit around the Localcoin Bitcoin ATM?
Nearby, you can enjoy meals at Tony's & Nick's Place, a pizza restaurant, as well as Mac Dona's Seafood Restaurant and A Lota Seafoods for seafood options.
What entertainment venues are close to the Localcoin Bitcoin ATM in Toronto?
You can visit the Theatre Gargantua and Roseneath Theatre for performing arts, and also enjoy the public plaza and cinema area at Dufferin and Dundas West nearby.
Are there any beauty or wellness services near the Localcoin Bitcoin ATM?
Yes, nearby there are several beauty salons and spas including Lucinda Beauty Salon, Lebel and Crowe, and The Beauty Collective for hair and beauty services.