Bitcoin ATM located in Pétro-Canada Omerville. 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 - Pétro-Canada Omerville
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 and what services does it offer at the Pétro-Canada Omerville location?
Localcoin is Canada's largest cryptocurrency ATM network. At the Pétro-Canada Omerville location in Magog, you can buy Bitcoin and other popular cryptocurrencies with cash using the Localcoin Bitcoin ATM.
How do I use the Bitcoin ATM at Localcoin in Pétro-Canada Omerville?
To use the Bitcoin ATM, first get a crypto wallet app like Trust Wallet or Coinbase Wallet. Visit the ATM with your wallet’s QR code and cash. Scan the QR code at the machine, insert your Canadian bills, confirm the amount, and your Bitcoin will be sent to your wallet address usually within 10–30 minutes.
What cryptocurrencies can I buy at the Localcoin Bitcoin ATM in Magog?
You can buy Bitcoin, Litecoin, Ethereum, Cardano, Dogecoin, Shiba Inu, Ripple, USDC, and Tether at the ATM located at Pétro-Canada Omerville.
What are the purchase limits for Bitcoin at the Localcoin ATM?
The minimum purchase amount is $20 CAD, and the maximum is $995 per transaction, with up to 5 transactions allowed per day at the Localcoin ATM.
What payment methods are accepted at the Localcoin Bitcoin ATM?
The ATM accepts Canadian cash bills only. For debit or credit card purchases, customers can use the online platform at localcoinatm.com.
What are the operating hours of the Localcoin Bitcoin ATM at Pétro-Canada Omerville?
The ATM is open Monday to Friday from 5:00 AM to 11:00 PM, and on weekends from 6:00 AM to 11:00 PM.
Where exactly is the Localcoin Bitcoin ATM located in Magog?
It is located inside the Pétro-Canada Omerville station at 3050 Rue Sherbrooke, Magog, QC J1X 5R2, Canada.
What nearby places can I visit when going to the Localcoin Bitcoin ATM at Pétro-Canada Omerville?
Nearby you can visit Camping Domaine Parc Estrie, a campground for recreational stays, or check out Boutique Aux Deux Lames for clothing and sporting goods. Additionally, Golf Horizons offers golfing opportunities nearby.
How can nearby locations like Petro-Canada and Fix Auto Magog complement my visit to the Localcoin Bitcoin ATM?
You can conveniently fuel your vehicle or grab essentials at Petro-Canada while using the Bitcoin ATM inside. If your car needs repair or maintenance, services like Fix Auto Magog and Novus Vitres Magog are nearby for automotive repairs and glass services.
Are there any entertainment or recreational places near Localcoin Bitcoin ATM where I can spend time before or after using the ATM?
Yes, Karting Orford offers go-kart racing and amusement activities close to the ATM location. Also, the Domaine Parc Estrie campground provides a nice outdoor accommodation option nearby.