Bitcoin ATM located in Shell Saint-Zotique. 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 - Shell Saint-Zotique
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 how does it operate?
Localcoin is Canada's largest cryptocurrency ATM network, allowing customers to buy cryptocurrency with cash at over 950 ATMs mainly located in convenience stores and gas stations.
Can you explain what Bitcoin is?
Bitcoin is a decentralized digital currency not controlled by any government or bank, used for online purchases or as an investment, stored in digital wallets, and transactions are recorded on the blockchain.
What is a Bitcoin ATM and what services does it provide?
A Bitcoin ATM allows users to buy Bitcoin and other cryptocurrencies with cash or sell crypto for cash, functioning similarly to traditional ATMs.
How can I use the Localcoin Bitcoin ATM at Shell Saint-Zotique?
To use the ATM, get a crypto wallet app, visit the ATM with your wallet or QR code and cash, select the cryptocurrency, scan your wallet's QR code at the ATM, insert cash, confirm your purchase with a fee, and receive your coins.
What are the purchase limits when buying Bitcoin at this ATM?
The minimum purchase is $20 CAD, and the maximum is $995 per transaction, with up to 5 transactions allowed per day.
Which cryptocurrencies are sold at the Localcoin Bitcoin ATM at Shell Saint-Zotique?
The ATM sells Bitcoin, Litecoin, Ethereum, Cardano, Dogecoin, Shiba Inu, Ripple, USDC, and Tether.
What payment methods are accepted at the Localcoin Bitcoin ATM?
Only Canadian cash bills are accepted at the ATM; debit or credit card payments can be made online through the Localcoin website.
What are the operating hours of the Localcoin Bitcoin ATM at Shell Saint-Zotique?
The Bitcoin ATM is open daily from 6:00 AM to 9:00 PM.
Are there convenient nearby locations to visit before or after using the Localcoin Bitcoin ATM at Shell Saint-Zotique?
Yes, the ATM is located at Shell Saint-Zotique gas station and convenience store, which is next to several places like U-Haul Neighborhood Dealer for truck rentals and Metro Plus supermarket for grocery shopping.
How can nearby businesses like Shell and U-Haul Neighborhood Dealer assist customers visiting the Localcoin Bitcoin ATM?
Customers can refuel or shop at Shell, and if moving or transporting goods, they can rent trucks at U-Haul Neighborhood Dealer, making it convenient to combine errands when visiting the Localcoin Bitcoin ATM.
What are some recreational or fitness facilities near the Localcoin Bitcoin ATM in Saint-Zotique?
Nearby fitness amenities include Kenpo / Jiu-Jitsu / St-Zotique martial arts club and Stephanie Lalande private trainer gym, which customers might visit before or after using the Bitcoin ATM.