Bitcoin ATM located in 2A Liquor Mart. 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 - 2A Liquor Mart
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 what services does it offer?
Localcoin is Canada’s largest cryptocurrency ATM network that allows customers to buy cryptocurrency with cash at over 950 physical ATMs primarily located in convenience stores and gas stations.
What cryptocurrencies can I buy at the Localcoin Bitcoin ATM at 2A Liquor Mart?
You can buy Bitcoin, Litecoin, Ethereum, Cardano, Dogecoin, Shiba Inu, Ripple, USDC, and Tether at the Localcoin Bitcoin ATM at 2A Liquor Mart.
How do I use the Localcoin Bitcoin ATM to purchase cryptocurrency?
First, download a crypto wallet such as Trust Wallet, Exodus, or Coinbase Wallet. At the ATM, select your cryptocurrency, scan your wallet's QR code, insert cash, confirm the amount, and your cryptocurrency will be sent to your wallet, usually within 10–30 minutes.
What are the operating hours for the Localcoin Bitcoin ATM located in 2A Liquor Mart in Blackfalds?
The ATM is open daily from 9:00 AM with varying closing times: Monday and Tuesday until midnight, Wednesday until 10 PM, Thursday through Saturday until 2 AM, and Sunday until midnight (America/Edmonton timezone).
What payment methods are accepted at the Localcoin Bitcoin ATM?
The ATM accepts Canadian cash bills only. Other payment methods like debit or credit cards can be used for online purchases via localcoinatm.com.
What are the minimum and maximum Bitcoin purchase limits at the Localcoin ATM?
You can purchase a minimum of $20 CAD and a maximum of $995 per transaction, with up to 5 transactions allowed per day.
Are there other ATMs near the Localcoin Bitcoin ATM at 2A Liquor Mart in Blackfalds?
Yes, nearby ATMs include the TD Canada Trust ATM and an ATB Financial ATM, which can be helpful for accessing additional banking services when visiting the area.
What other nearby businesses could I visit when using the Localcoin Bitcoin ATM at 2A Liquor Mart?
You might consider visiting nearby spots such as Ladawn Marie Hair salon for beauty services, Curious Tails Pet Supplies, or stop by Pizza Pizza for a meal before or after your crypto transaction.
Is the Localcoin Bitcoin ATM located in an area with other shopping or service options?
Yes, the ATM is located near various shops and services like Delia's Asian Store (grocery), The Floral Boutique Blackfalds (flowers and gifts), and Shoppers Simply Pharmacy, providing convenience for multi-purpose visits.
Where is the Localcoin Bitcoin ATM at 2A Liquor Mart located?
It is located at 5041 Parkwood Road, Blackfalds, AB, T0M 0J0, Canada, inside the 2A Liquor Mart store.