At our Bitcoin ATM in Woodstock 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.
Dam machine slow took $100 then second time took 300 of my money not show correct amount bought or sent will be calling local coin asking where my money is ?
Frequently Asked Questions About Localcoin Bitcoin ATM - Petro-Canada
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 offer at the Woodstock location?
Localcoin is Canada's largest cryptocurrency ATM network, allowing customers to buy cryptocurrencies with cash at physical locations. The Woodstock ATM enables purchasing Bitcoin and other cryptocurrencies such as Ethereum and Litecoin.
How can I use the Localcoin Bitcoin ATM at Petro-Canada in Woodstock?
To use the ATM, get a crypto wallet app like Trust Wallet or Coinbase Wallet, visit the Localcoin ATM at Petro-Canada, scan your wallet's QR code at the machine, insert Canadian cash, and confirm the purchase. The cryptocurrency will be sent to your wallet within minutes to a couple of hours.
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 ATM.
What are the purchase limits at the Localcoin Bitcoin ATM in Woodstock?
You can buy a minimum of $20 CAD and a maximum of $995 CAD per transaction, with up to 5 transactions allowed per day.
What payment methods does the Localcoin Bitcoin ATM accept?
The ATM only accepts Canadian cash bills. For other payment methods like debit or credit cards, purchases can be made online via the Localcoin website.
What are the operating hours of the Localcoin Bitcoin ATM at Petro-Canada in Woodstock?
The Bitcoin ATM is available 24 hours a day, 7 days a week, allowing you to buy cryptocurrency at any time.
Is the Localcoin Bitcoin ATM in Woodstock accessible for wheelchair users?
Yes, the location has wheelchair accessible entrances and parking, ensuring accessibility for all customers.
What nearby places can help me find the Localcoin Bitcoin ATM at 805 Vansittart Ave?
Landmarks near the ATM include Petro-Canada gas station and convenience store where the ATM is located, and other nearby spots like Lakeview Pharmasave Pharmacy and Tim Hortons coffee shop, which can help you locate the ATM easily.
What entertainment and shopping options are near the Localcoin Bitcoin ATM in Woodstock?
Nearby entertainment options include Woodstock Custom Arcades and several parks like David Lowes Memorial Park and Cowan Park Dog Park. For shopping, you can visit North End Sports Apparel and Weaves and Looms close to the ATM.
Are there dining options near the Localcoin Bitcoin ATM in Woodstock where I can grab a meal or coffee?
Yes, there are several dining options nearby including Tim Hortons, Brickhouse Brewpub, and Sally Creek Golf and Bistro, perfect for a coffee break or a meal before or after using the ATM.