Question 1

How do I buy bitcoins from localcoin ATMs?

Accepted Answer

Click Here to Watch a Quick Video on How to Buy Bitcoin at Our ATMsStep 1: Get a Bitcoin Wallet:We recommend the following easy-to-use Bitcoin wallets. You'll need to take this wallet (or a printed QR code) with you, to the machine. While you don’t need to create different wallets for your different crypto coins, you do need to ensure that your wallet is compatible with the coins you wish to purchase. If the wallet is not compatible with the chosen cryptocurrency, you will lose your transaction amount.Step 2: Find the Nearest ATMAll you need is your wallet’s address, QR code and cash!Step 3: At the Machine Tap the machine's touchscreen, then read the on-screen prompt.Select cryptocurrency: BitcoinIn your wallet, find your address' QR codeHold it up to the machine's camera; the machine will scan it.This tells the machine where to send your Bitcoin once you've confirmed your purchase.ID verification may be required above specified thresholds Step 4: Purchasing Your BitcoinsAfter scanning the QR code, insert your CAD or USD bills.Confirm the amount on the screen to complete your purchase.Please note that there will be a service fee, which varies based on the Bitcoin market.Step 5: Receiving Your BitcoinsOnce 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**.* If you are going to send funds to another person, we recommend sending it to your own wallet first—especially if you do not know them personally.** It is recommended that you wait for at least one confirmation on the blockchain before spending or sending your purchased funds.Learn More About Bitcoin ATMs Here

Question 2

Do I have to buy one whole bitcoin?

Accepted Answer

No! You can purchase as little as $20 CAD worth of Bitcoins and other cryptocurrencies such as Ether and Litecoin at Localcoin Bitcoin ATMs. You will receive the BTC, ETH and LTC equivalents of the amount of money you input.

Question 3

What currencies are accepted by Localcoin ATMs?

Accepted Answer

We accept Canadian Dollar notes at all locations in Canada

Question 4

What Denominations do Localcoin ATMs Accept?

Accepted Answer

Our Bitcoin ATMs accept CAD in the following denominations:
    $5, $10, $20, $50, $100

Question 5

What is the minimum/maximum bitcoins I can buy?

Accepted Answer

The minimum amount of Bitcoins (and other coins) you can buy from a Localcoin ATM is $20 CAD — the smallest denomination that you can insert. The maximum is $995 per transaction, with a maximum of 5 transactions per day.

Question 6

Do Localcoin ATMs charge a fee for transactions?

Accepted Answer

When using a Localcoin ATM, there is transaction fee and a flat fee applied to all crypto purchases. We strive to keep these fees competitive with other players in the market. For more information and some insight into the fees you will incur, please refer to our fees section for a detailed breakdown of our fees.

Bitcoin ATM in SB Fuel Collingwood Variety, Collingwood

Sixth St & Oak St

Bitcoin ATM Location in 280 Sixth Street

Bitcoin ATM Near You in SB Fuel Collingwood Variety

How It Works

1. Verification

2. Scan QR Code

3. Insert Cash Notes

4. Receive Bitcoin

Watch How To Use a Bitcoin ATM Video

Frequently Asked Questions

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