Localcoin Bitcoin ATM - Convenience Canada

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 BRD Wallet, Bitpay, and Blockchain.

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 is Canada’s largest cryptocurrency ATM network, allowing customers to buy cryptocurrency with cash at physical retail locations such as convenience stores and gas stations.

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

To use the ATM, get a crypto wallet app like Trust Wallet or Coinbase Wallet and bring the wallet's QR code. At the machine, select the cryptocurrency, scan your wallet's QR code, insert cash, confirm your purchase, and the crypto will be sent to your wallet typically within 10–30 minutes.

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

Localcoin only accepts Canadian cash bills at its ATMs. For debit or credit card payments, customers can purchase online through their website.

The Localcoin Bitcoin ATM is located at 1486 Queen St W, Toronto, ON M6K 1M4, Canada.

The ATM is open daily from 7:00 AM to midnight (00:00).

Nearby places include Tim Hortons for coffee, Dollarama for discounts, Studio 1484 for mid-century and postmodern design shopping, and Family Dentistry on Queen for dental services, making it convenient to combine errands or leisure with your visit to the ATM.

Nearby shops like Tim Hortons and Dollarama offer convenient spots to grab refreshments or essentials before or after using the ATM. Also, proximity to popular places like Studio 1484 makes locating the ATM easier when navigating Queen St W.

Yes, the TD Canada Trust Branch and ATM nearby provide traditional banking services, and Unicash offers check cashing and payday loans, complementing the cryptocurrency ATM services in the area.