Localcoin Bitcoin ATM - INS Market

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 that lets customers buy cryptocurrency with cash at physical locations mainly in convenience stores and gas stations.

The Localcoin Bitcoin ATM is located at 1140 Bay St., Toronto, ON, M5S 2B4 inside the INS Market.

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

Get a crypto wallet app like Trust Wallet or Coinbase, visit the Localcoin ATM with your wallet’s QR code and cash, select the cryptocurrency, scan your wallet QR code at the machine, insert Canadian cash bills, confirm your purchase, and the crypto will be sent to your wallet usually within minutes.

The minimum purchase amount is $20 CAD and the maximum per transaction is $995 CAD, with a limit of 5 transactions per day.

The ATM accepts only Canadian cash bills. Other payment methods such as debit or credit cards can be used for online purchases via their website.

The ATM is open Monday to Friday from 8:00 AM to 8:00 PM, and on Saturday and Sunday from 10:00 AM to 8:00 PM.

Nearby places include NewYorker Deli for food, Aroma Espresso Bar Canada for coffee, and local landmarks like Bay Charles Apartments and 57 Charles. After using the ATM, you can enjoy a meal or explore these local spots.

The ATM is conveniently located near services like Dollar Rent a Car and Thrifty Car Rental, which can assist if you need transport. Nearby cafes such as Starbucks also offer a place to relax before or after your visit.

Nearby professional services include Emma Spring Photo for photography, The Traffic Lawyers for legal services, and Cristall Opticians Toronto for eyewear needs, which you might find useful when visiting the area.