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 allows customers to buy cryptocurrency with cash at over 950 physical ATMs primarily located in convenience stores and gas stations.

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

To use the Bitcoin ATM, get a crypto wallet app like Trust Wallet or Coinbase Wallet, bring your wallet’s QR code and cash to the machine, select your cryptocurrency, scan your wallet’s QR code, insert cash, and confirm your purchase. Your cryptocurrency will be sent to your digital wallet with typical processing times from instant to up to a few hours.

The ATM is open daily from 8:00 AM to 10:00 PM, including weekends, at 270 Bloor St W, Toronto.

The ATM only accepts Canadian cash bills. For other payment methods like debit or credit cards, you can purchase online through their website.

Yes, the location at INS Market has wheelchair accessible entrances and parking available for customers.

You can purchase a minimum of $20 CAD and a maximum of $995 CAD per transaction, with up to 5 transactions allowed per day.

After using the ATM at INS Market, you can visit nearby dining options such as Bar Mercurio, an Italian restaurant, or fast-food places like New York Fries.

Nearby hotels include Kimpton Saint George Hotel, Kimpton St. George, and Holiday Inn Toronto Bloor-Yorkville, providing convenient accommodation options close to the ATM location.

The Localcoin ATM is near the University of Toronto’s Centre for Jewish Studies, U of T Department for the Study of Religion, Jackman Humanities Institute, and the Bata Shoe Museum, offering visitors cultural and educational exploration before or after visiting the ATM.