At our Bitcoin ATM in Calgary 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 (Buy & Sell) - Krish Dollar & Gift Bazaar
Frequently Asked Questions About Localcoin Bitcoin ATM (Buy & Sell) - Krish Dollar & Gift Bazaar
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 cryptocurrencies with cash at over 950 retail locations, mainly convenience stores and gas stations.
How can I buy Bitcoin using the Localcoin Bitcoin ATM at Krish Dollar & Gift Bazaar?
You need a Bitcoin wallet app like Trust Wallet or Coinbase Wallet, then visit the ATM with your wallet’s QR code and cash. Follow the machine prompts to scan your wallet QR code, insert cash, confirm the amount, and receive Bitcoin in your wallet.
What cryptocurrencies are available at this Localcoin Bitcoin ATM?
The ATM supports Bitcoin, Litecoin, Ethereum, Cardano, Dogecoin, Shiba Inu, Ripple, USDC, and Tether.
What are the purchasing limits for Bitcoin at this ATM?
You can buy a minimum of $20 CAD and up to a maximum of $995 per transaction, with a maximum of 5 transactions per day.
What payment methods does the Localcoin Bitcoin ATM accept?
The ATM accepts only Canadian cash bills. For other payment options like debit or credit cards, purchases can be made online via the Localcoin website.
What are the operating hours of the Localcoin Bitcoin ATM at Krish Dollar & Gift Bazaar?
The ATM is open daily from 9:30 AM to 9:00 PM.
Is the Localcoin Bitcoin ATM at this location wheelchair accessible?
Yes, this location has a wheelchair-accessible entrance and parking available.
Are there other Localcoin Bitcoin ATMs nearby?
Yes, you can find another Localcoin Bitcoin ATM at Saddleridge Liquor and also a Localcoin ATM nearby.
What nearby services and amenities can I access when visiting the Localcoin ATM at Krish Dollar & Gift Bazaar?
You can visit several nearby places such as TD Canada Trust Branch and ATM for banking, Boston Pizza Saddleridge for dining, Pharmasave for pharmacy needs, and various grocery stores like Safeway and CHALO FreshCo Saddletowne for shopping.
How can nearby transit or businesses help me when visiting the Localcoin ATM at 208 Saddletowne Cir NE?
Nearby services like TD Canada Trust and the multiple local restaurants offer convenient stops before or after your ATM visit. These places help you integrate your financial transactions with other errands like dining or grocery shopping with ease.