ATMCurrency Exchange ServiceBankMoney Transfer ServiceCryptocurrency ATM
Bitcoin ATM located in Co-op Gas Bar. 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 - Co-op Gas Bar
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 work?
Localcoin is Canada's largest cryptocurrency ATM network, allowing customers to buy cryptocurrency with cash at over 950 physical ATMs located mainly in convenience stores and gas stations.
What cryptocurrencies can I buy at the Localcoin Bitcoin ATM in Estevan?
You can buy Bitcoin, Litecoin, Ethereum, Cardano, Dogecoin, Shiba Inu, Ripple, USDC, and Tether at the ATM located in Co-op Gas Bar, Estevan.
Where is the Localcoin Bitcoin ATM located in Estevan?
It is located at 417 Kensington Avenue inside the Co-op Gas Bar in Estevan, SK S4A 0W1, Canada.
What are the operating hours of the Localcoin Bitcoin ATM at Co-op Gas Bar?
The ATM operates daily from 6:00 AM to 9:00 PM Monday to Saturday, and from 7:00 AM to 9:00 PM on Sunday.
How do I use the Bitcoin ATM to buy cryptocurrency?
First, get a Bitcoin wallet app like Trust Wallet or Coinbase Wallet. Then visit the ATM with your wallet QR code and cash. Select your cryptocurrency, scan your QR code, insert cash, confirm the transaction, and your crypto will be sent to your wallet typically within 10-30 minutes.
What payment methods are accepted at the Localcoin Bitcoin ATM in Estevan?
The ATM accepts Canadian cash bills only. For card payments, you can purchase cryptocurrency online at localcoinatm.com.
What are the transaction limits for purchasing Bitcoin at this ATM?
Minimum purchase is $20 CAD, and the maximum is $995 per transaction, with up to 5 transactions allowed per day.
Are there any interesting places near the Localcoin Bitcoin ATM at Co-op Gas Bar?
Nearby you can find various eateries such as Prairie Donair, TacoTime, and Subway, ideal for grabbing a bite before or after using the ATM. Also, the Black Grasshopper Pub and Eatery is close by for a relaxing meal or drink.
Can visitors combine a visit to the Localcoin Bitcoin ATM with other services nearby?
Yes, the area around the ATM includes services like Linda Mack RE/MAX Blue Chip Realty for real estate needs, Rooted Family Chiropractic for health, and Western Financial Group for insurance, making it convenient to handle multiple errands.
How can nearby transit or amenities help customers find the Localcoin ATM?
The ATM is located inside the Co-op Gas Bar, a well-known local gas station and convenience store, making it easy to find. Nearby landmarks such as M&M Food Market supermarket and popular food spots like Domino's Pizza and Red Swan Pizza provide good reference points for visitors.