At our Bitcoin ATM in Saskatoon you can buy Bitcoin and other popular cryptocurrency, such as Ethereum and Litecoin, with cash. With 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 across North America.
Details
Wheelchair accessible entranceAvailable
Location
Localcoin Bitcoin ATM - Fas Gas Plus Convenience Store
Frequently Asked Questions About Localcoin Bitcoin ATM - Fas Gas Plus Convenience Store
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 cryptocurrency with cash at physical ATM locations mainly in convenience stores and gas stations.
How can I buy Bitcoin at the Localcoin Bitcoin ATM?
Visit the ATM with your Bitcoin wallet QR code and cash. Select your cryptocurrency, scan your wallet QR code at the ATM, insert cash, confirm the amount, and your cryptocurrency will be sent to your wallet typically within 10-30 minutes.
What cryptocurrencies can I purchase at the Localcoin Bitcoin ATM?
You can purchase Bitcoin, Litecoin, Ethereum, Cardano, Dogecoin, Shiba Inu, Ripple, USDC, and Tether at the ATM.
What are the operating hours of the Localcoin Bitcoin ATM at Fas Gas Plus Convenience Store?
The ATM operates Monday to Wednesday from 7:00 AM to 10:00 PM, Thursday to Friday from 7:00 AM to 11:00 PM, Saturday from 8:00 AM to 11:00 PM, and Sunday from 8:00 AM to 10:00 PM.
Where is the Localcoin Bitcoin ATM located in Saskatoon?
It is located at 1604 Idylwyld Dr N, Saskatoon, SK, S7L 1B1, Canada inside Fas Gas Plus Convenience Store.
Does the Localcoin Bitcoin ATM accept payment methods other than cash?
No, the ATM only accepts Canadian cash bills. For other payment methods, purchases can be made online at their website.
Is the Localcoin Bitcoin ATM accessible for people with disabilities?
Yes, the location has wheelchair accessible entrance and parking.
What nearby places can I visit along with the Localcoin Bitcoin ATM at Fas Gas Plus?
Nearby, you can visit Cashco Financial for financial services, Pic-Man Tattoo for tattoo and piercing, or dine at nearby restaurants like KFC, A&W Canada, Sardinia Family Restaurant, or Jeju Korean BBQ Restaurant.
How can nearby restaurants help enhance my visit to the Localcoin Bitcoin ATM?
You can conveniently grab a meal or snack at nearby restaurants such as KFC, Tim Hortons, Wendy’s, or Sardinia Family Restaurant before or after completing your cryptocurrency transaction.
Are there any wellness or spa centers near the Localcoin Bitcoin ATM in Saskatoon?
Yes, nearby wellness centers include Mayfair Wellness Centre and Idylwyld Wellness Centre, perfect for relaxation before or after your visit to the ATM.