At our Bitcoin ATM in Riverview 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.
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?
Localcoin is Canada’s largest cryptocurrency ATM network that allows customers to buy cryptocurrency with cash at over 950 physical ATMs located mainly in convenience stores and gas stations.
What cryptocurrencies can I buy at the Localcoin Bitcoin ATM in Riverview?
You can buy Bitcoin, Litecoin, Ethereum, Cardano, Dogecoin, Shiba Inu, Ripple, USDC, and Tether at our Riverview Bitcoin ATM.
How do I use the Bitcoin ATM at Riverview Rite Stop?
To use the ATM, get a crypto wallet app like Trust Wallet or Coinbase Wallet, visit the ATM with your wallet’s QR code, select your cryptocurrency, insert cash, and confirm the purchase. Bitcoins are sent to your wallet typically within minutes but can take up to 2 hours in rare cases.
What are the operating hours of the Localcoin Bitcoin ATM at 124 Trites Rd in Riverview?
The Bitcoin ATM is open daily from 7:00 AM to 11:00 PM.
What forms of payment are accepted at the Localcoin Bitcoin ATM in Riverview?
The ATM accepts Canadian cash bills only. For other payment methods such as debit or credit cards, you can purchase cryptocurrency online from our website.
Are the facilities at the Riverview Bitcoin ATM location wheelchair accessible?
Yes, the location has a wheelchair accessible entrance and parking.
Where is the Localcoin Bitcoin ATM located in Riverview?
It is located at 124 Trites Rd, Riverview, NB, postal code E1B 3L9, Canada, inside the Riverview Rite Stop.
Which nearby places can I visit around the Localcoin Bitcoin ATM in Riverview?
Nearby places include Riverview Rite Stop (convenience store), Riverview Animal Hospital, Bloom Health and Wellness Studio, Stonehurst Driving Range, and L&M Nail Studio, among others.
How can nearby places help when visiting the Localcoin Bitcoin ATM at Riverview Rite Stop?
You can combine your visit by stopping at Riverview Rite Stop for convenience shopping or fuel. If you have pets, Riverview Animal Hospital is nearby for emergencies. For leisure, Stonehurst Driving Range offers active outdoor fun, and after transactions, you might enjoy wellness services at Bloom Health and Wellness Studio or a nail appointment at L&M Nail Studio.
Is it safe to use the Localcoin Bitcoin ATM in Riverview?
Yes, Localcoin provides a secure and private way to buy and sell cryptocurrency, upholding privacy standards across North America.