Bitcoin ATM located in New Manor Convenience. 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
BEWARE!!! Advertised as low fee. It's over 20%. I asked customer service about the lying and deception. They acknowledge how misleading and punitive for customers. They don't care and laughed. These machines should be banned and companies lying to customers should be shut down. Stay away. There are a lot of places to buy BTC for 90-95% less.
Frequently Asked Questions About Localcoin Bitcoin ATM - New Manor Convenience
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 is Localcoin and what services does it provide?
Localcoin is Canada’s largest cryptocurrency ATM network allowing customers to buy cryptocurrency with cash at physical retail locations, mainly convenience stores and gas stations.
How do I use the Localcoin Bitcoin ATM at New Manor Convenience?
To use the ATM, get a Bitcoin wallet app, visit the Localcoin ATM, scan your wallet's QR code on the machine, insert cash, confirm your purchase, and the bitcoins will be sent to your wallet, usually instantly but may take up to 1-2 hours in rare cases.
What cryptocurrencies can I buy at the Localcoin Bitcoin ATM?
You can buy Bitcoin, Litecoin, Ethereum, Cardano, Dogecoin, Shiba Inu, Ripple, USDC, and Tether at the Localcoin Bitcoin ATM.
What are the purchase limits for buying Bitcoin at this ATM?
The minimum purchase is $20 CAD, and the maximum is $995 per transaction, with a maximum of 5 transactions per day.
What payment methods does the Localcoin Bitcoin ATM accept?
The ATM accepts Canadian cash bills only. For other payment methods like debit or credit cards, purchases must be made online via their website.
What are the operating hours of the Localcoin Bitcoin ATM at New Manor Convenience?
The ATM is open Monday to Saturday from 9:00 AM to 9:00 PM, and Sunday from 10:00 AM to 8:00 PM.
Is the Localcoin Bitcoin ATM at New Manor Convenience wheelchair accessible?
Yes, the location has a wheelchair accessible entrance and parking available.
Which nearby cafes can I visit before or after using the Localcoin Bitcoin ATM?
You can visit Jules Cafe Patisserie, Well and Better Coffee, Thobors Boulangerie Patisserie Café, or Thobors Bakery for coffee and snacks close to the ATM.
What nearby grocery stores are available for convenient shopping around the ATM?
Nearby grocery options include Mi Amor supermarket and Olive Oil Emporium, which are convenient spots for shopping before or after your visit to the ATM.
Are there interesting nearby places for relaxation or self-care near the Localcoin Bitcoin ATM?
Yes, the Health Recovery Center offers acupuncture services, and Taupe Salon and Spa provides hair, beauty, and skin care treatments nearby.