Frequently Asked Questions About Localcoin Bitcoin ATM - Dépanneur Lasalle
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.
What is Localcoin and what services does it offer at this location?
Localcoin operates Canada’s largest cryptocurrency ATM network, allowing customers to buy cryptocurrencies like Bitcoin using cash at physical locations, including this ATM at Le Dépanneur in LaSalle.
What cryptocurrencies can I buy at the Localcoin ATM in Dépanneur Lasalle?
You can purchase Bitcoin, Litecoin, Ethereum, Cardano, Dogecoin, Shiba Inu, Ripple, USDC, and Tether at this Localcoin Bitcoin ATM.
How do I use the Bitcoin ATM at Le Dépanneur?
First, download a crypto wallet app like Trust Wallet or Coinbase Wallet and bring your wallet's QR code. At the ATM, select your desired cryptocurrency, scan your wallet's QR code, insert cash, confirm the amount, and your cryptocurrency will be sent to your wallet address shortly after.
What are the operating hours of the Localcoin Bitcoin ATM at Dépanneur Lasalle?
The ATM is open Monday to Friday from 6:30 AM to 9:00 PM, and on weekends from 7:00 AM to 9:00 PM.
What payment methods are accepted at the Localcoin Bitcoin ATM in LaSalle?
The ATM accepts only Canadian cash bills for purchasing cryptocurrencies. For debit or credit card purchases, customers can use the online service at localcoinatm.com.
What are the purchase limits for Bitcoin at the Localcoin ATM?
Purchases have a minimum amount of $20 CAD and a maximum of $995 CAD per transaction, with up to 5 transactions allowed per day.
Is there wheelchair accessible parking available at this Localcoin ATM location?
Yes, wheelchair accessible parking is available at the Dépanneur Lasalle where the Localcoin ATM is located.
How can I get to the Localcoin Bitcoin ATM using nearby points of interest?
The Localcoin ATM is located inside Le Dépanneur, a convenience store and bar in LaSalle. Visitors can easily find the ATM when visiting Le Dépanneur and may combine their trip with nearby spots such as Parc Dollier-De Casson or Ménard Park Play Fountains for leisure.
What nearby parks can I visit before or after using the Localcoin Bitcoin ATM?
Nearby parks include Parc Dollier-De Casson, which features a soccer field, and Ménard Park Play Fountains, a playground and popular attraction. These are great places to relax before or after your visit to the ATM.
Are there any nearby services or businesses customers might visit along with the Localcoin ATM?
Yes, customers can also find various services nearby such as BNJ Canadian Immigration Services, Highlands real estate agency, and transportation services like West Island Movers and Demenagement et Transport Demar in the vicinity, making it convenient to combine errands.