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 allowing customers to buy cryptocurrency with cash at physical locations, including over 950 ATMs in convenience stores and gas stations.
What cryptocurrencies can I buy at this Localcoin Bitcoin ATM?
You can purchase Bitcoin, Litecoin, Ethereum, Cardano, Dogecoin, Shiba Inu, Ripple, USDC, and Tether at our ATMs.
How do I use the Bitcoin ATM at Dépanneur Genereux?
Bring a Bitcoin wallet with your QR code to the ATM. Select your cryptocurrency, scan your wallet's QR code, insert cash ($20 CAD minimum, $995 CAD maximum per transaction), confirm, and your cryptocurrency will be sent to your wallet typically within minutes.
What are the operating hours of the Localcoin Bitcoin ATM at 428 rue Genereux?
The ATM is open every day from 7:30 AM to 11:00 PM.
What payment methods does the Localcoin Bitcoin ATM accept?
The ATM accepts Canadian cash bills only. For other payment methods like debit or credit cards, purchases can be made online at localcoinatm.com.
Are there accessibility features at the Localcoin Bitcoin ATM location?
Yes, the location has wheelchair accessible parking available.
Where is the Localcoin Bitcoin ATM located in Gatineau?
It is located at 428 rue Genereux inside Dépanneur Delta Genereux, a convenience store and gas station in Gatineau, QC, J8P 6G5.
What nearby places can I visit along with the Localcoin Bitcoin ATM?
Nearby you can visit Dépanneur Generous, a convenience and liquor store, and Parc Jean-Gardy-Bienvenu, a local park, which are great spots for shopping or relaxing before or after using the ATM.
How can nearby transit or services help me access the Localcoin Bitcoin ATM?
Nearby automotive services like Mécanique St-René and Liberty Limousine can assist if you require transport or vehicle repair while visiting the ATM at Dépanneur Delta Genereux.
Is there anything for families or children near the Localcoin Bitcoin ATM?
Yes, there are several education and daycare centers nearby including École de la Montée, Garderie les petits copains, and Commission scolaire des Draveurs, which may be convenient if visiting with family.