At our Bitcoin ATM in Mirabel you can buy Bitcoin and other popular cryptocurrency, such as Ethereum and Litecoin, with cash. With one of 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.
Frequently Asked Questions About Localcoin Bitcoin ATM - Pascal Filion
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?
Localcoin is Canada's largest cryptocurrency ATM network allowing customers to buy cryptocurrencies such as Bitcoin with cash at over 950 physical ATMs, mainly located in convenience stores and gas stations.
How does a Bitcoin ATM work and how can I use it at the Mirabel location?
A Bitcoin ATM lets you buy cryptocurrencies using cash. To use it, get a crypto wallet app like Trust Wallet or Coinbase Wallet, visit the Mirabel Localcoin ATM, scan your wallet's QR code, insert Canadian cash, confirm your purchase, and the cryptocurrency will be sent to your wallet.
What cryptocurrencies can I buy at the Localcoin Bitcoin ATM in Mirabel?
You can buy Bitcoin, Litecoin, Ethereum, Cardano, Dogecoin, Shiba Inu, Ripple, USDC, and Tether at the Mirabel Localcoin Bitcoin ATM.
What are the purchase limits when using the Localcoin Bitcoin ATM?
The minimum purchase amount is $20 CAD. The maximum is $995 per transaction, and you can make up to 5 transactions per day at the Mirabel ATM.
What payment methods does the Localcoin Bitcoin ATM accept?
The Localcoin Bitcoin ATM only accepts Canadian cash bills for purchases. Other payment methods like debit or credit cards are accepted for online purchases on their website.
What are the operating hours of the Localcoin Bitcoin ATM at 13470 Boulevard Curé-Labelle, Mirabel?
The ATM is open daily from 4:30 AM to 10:00 PM.
Is there wheelchair-accessible parking available at the Localcoin Bitcoin ATM in Mirabel?
Yes, the Mirabel Localcoin Bitcoin ATM location offers wheelchair-accessible parking.
What nearby gas stations can help me find the Localcoin Bitcoin ATM in Mirabel?
The Localcoin Bitcoin ATM is near Esso Canada, a gas station and convenience store. You can use Esso as a landmark when locating the ATM at 13470 Boulevard Curé-Labelle.
Are there any nearby restaurants where I can eat before or after using the Localcoin Bitcoin ATM?
You can visit nearby pizza restaurants such as Pizza Döner du Coin or Doner Express Pizza, both close to the Localcoin Bitcoin ATM in Mirabel, to grab a meal before or after your visit.
What local services and shops are near the Localcoin Bitcoin ATM that customers might find useful?
Nearby are several helpful services including the Jean Coutu pharmacy, JBA Pneus et Mécanique tire and auto repair, and Cellco mobile phone store, offering customers additional conveniences around the Mirabel Localcoin ATM location.