Bitcoin ATM located in Provi-soir. 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 - Provi-soir
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 provide?
Localcoin is Canada’s largest cryptocurrency ATM network, offering customers the ability to buy cryptocurrency with cash at over 950 ATMs located mainly in convenience stores and gas stations.
What cryptocurrencies can I buy at the Localcoin Bitcoin ATM in Provi-soir?
You can purchase Bitcoin, Litecoin, Ethereum, Cardano, Dogecoin, Shiba Inu, Ripple, USDC, and Tether at the Localcoin Bitcoin ATM in Provi-soir.
How do I use the Bitcoin ATM at Provi-soir to buy cryptocurrency?
To use the Bitcoin ATM, first download a recommended crypto wallet such as Trust Wallet, Exodus, or Coinbase Wallet. Visit the ATM with your wallet's QR code and cash, select the cryptocurrency, scan your wallet's QR code at the machine, insert Canadian cash bills, confirm your purchase, and your cryptocurrency will be sent to your wallet, typically within 10–30 minutes.
What are the purchase limits for Bitcoin at this ATM?
The minimum purchase is $20 CAD, and the maximum is $995 per transaction. You can make up to 5 transactions per day.
What payment methods are accepted at the Localcoin Bitcoin ATM located at Provi-soir?
Only Canadian cash bills are accepted at the ATM. Other payment methods like debit or credit cards are available for online purchases via the Localcoin website.
What are the operating hours of the Localcoin Bitcoin ATM - Provi-soir?
The ATM is open Monday to Saturday from 6:00 AM to midnight, and Sunday from 7:00 AM to midnight.
Is the Localcoin Bitcoin ATM - Provi-soir accessible for wheelchair users?
Yes, the ATM location has wheelchair accessible entrance and parking.
What nearby banks can help me if I need additional financial services while using the Localcoin Bitcoin ATM?
Scotiabank is nearby and can assist with additional banking services if needed during your visit to the Localcoin Bitcoin ATM.
Are there nearby places to eat close to the Localcoin Bitcoin ATM - Provi-soir?
Yes, nearby dining options include Panou Cuisine Kreyole Express, Restaurant Syros, Casse-croute Marche 33, Hollywood Diner, and EKOO PIZZA, where you can enjoy a meal before or after using the ATM.
What nearby convenience stores or grocery stores can I visit when going to the Localcoin Bitcoin ATM - Provi-soir?
Nearby stores include Marche Salomon, a grocery and convenience store, Au Depanneur Tony convenience and liquor store, and the Localcoin Bitcoin ATM is located within the Provi-soir convenience store itself.