Bitcoin ATM located in Petro Canada. 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
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 Trust Wallet and Blue Wallet.
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?
Localcoin is Canada's largest cryptocurrency ATM network, enabling you to buy cryptocurrencies with cash at over 950 ATMs located mainly in convenience stores and gas stations.
What cryptocurrencies can I buy at the Localcoin Bitcoin ATM in Petro Canada, Prince Rupert?
You can buy Bitcoin, Litecoin, Ethereum, Cardano, Dogecoin, Shiba Inu, Ripple, USDC, and Tether at the Localcoin Bitcoin ATM.
What are the operating hours for the Localcoin Bitcoin ATM at Petro Canada, Prince Rupert?
The ATM is available daily from 6:30 AM to 10:00 PM for your cryptocurrency transactions.
How do I use the Localcoin Bitcoin ATM at Petro Canada?
First, get a crypto wallet app like Trust Wallet, Exodus, or Coinbase Wallet. Then visit the ATM with your wallet's QR code and cash. Select your cryptocurrency, scan your QR code, insert cash, confirm the amount, and your purchased coins will be sent to your wallet within minutes.
What payment methods does the Localcoin Bitcoin ATM accept?
The ATM only accepts Canadian cash bills for purchasing cryptocurrencies.
What are the transaction limits at the Localcoin Bitcoin ATM in Prince Rupert?
You can buy a minimum of $20 CAD and a maximum of $995 CAD per transaction, with a maximum of 5 transactions allowed per day.
Where is the Localcoin Bitcoin ATM located in Prince Rupert?
It is located inside Petro Canada at 537 Hays Cove Circle, Prince Rupert, BC, V8J 2C3.
Are there any notable nearby places around the Localcoin Bitcoin ATM for visitors to explore?
Yes, after visiting the ATM, you can check out nearby attractions such as Hays Creek, a scenic river and landmark, or relax at Kleanza Creek Provincial Park, a national park offering outdoor activities.
How can the nearby Petro-Canada gas station help customers visiting the Localcoin Bitcoin ATM?
Since the ATM is located inside Petro-Canada, you can conveniently refuel or use other gas station services while buying cryptocurrencies, making it a one-stop location for your needs.
Can I use public transportation or other nearby services to reach the Localcoin Bitcoin ATM in Prince Rupert?
While specific transit options aren't listed, the ATM’s location near essential services such as Petro-Canada and grocery stores like PJ's Midway Foods makes it accessible within the community, and you may also find nearby truck rentals and other automotive services.