Business Details
About
ATMCryptocurrency ATM
Bitcoin ATM located in BOSS Halal Meat & Grocery. 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
Location
Localcoin Bitcoin ATM - BOSS Halal Meat & Grocery
3216 West Broadway, Vancouver, BC
V6K 2H4, Canada
Hours
Reviews
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- DDDawsonMar 10, 20251.0This company is so wildly stingy and awful. For context, the market was down a bunch that day so I thought it would be a good idea to invest in some bitcoin. I deposited $3,000 and was excited because they advertised the transaction fee being $4. After I deposited my money, I quickly realized that they traded the bitcoin based on prices from DAYS ago, prices that were high just before the bitcoin price plummeted. This meant that I only received $2,400 of my $3,000. The machine said "Cash amount inserted:" and "Which Equals:" which is a blatant manipulation tactic because the exchange fee was wildly inaccurate. They displayed the "flat fee" as being $4 but they hide the actual fee in the amount of bitcoin received. I reached out to the support, and that was another thing. Absolutely impossible to reach by phone and they take ages to answer to emails and messages. This is what they said when they finally responded to me. "At Localcoin, we incorporate a service fee into the total value of the cryptocurrency during the transaction. This fee may vary depending on location and market conditions, with the average ranging between 16-25%." THEY NEVER EVER ADVERTISED THIS ON THE ATM OR THE WEBSITE AT ALL. IF THEY DID, I WOULD HAVE NEVER BOUGHT THROUGH THE ATM. Please do yourself a favour and not go to one of these places.
Frequently Asked Questions About Localcoin Bitcoin ATM - BOSS Halal Meat & Grocery
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.