Bitcoin ATM located in Centex. 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 - Centex
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 locations, mainly convenience stores and gas stations.
What is a Bitcoin ATM and how does it function?
A Bitcoin ATM is a machine that lets users buy Bitcoin and other cryptocurrencies using cash, similar to a traditional ATM but for digital currency transactions.
How can I use the Localcoin Bitcoin ATM located at Centex?
To use the ATM, first get a cryptocurrency wallet such as Trust Wallet or Coinbase Wallet. Visit the ATM with your wallet's QR code and cash, follow the on-screen prompts to select cryptocurrency, scan your QR code, insert cash, confirm the transaction, and receive your coins.
What cryptocurrencies are available at the Localcoin Bitcoin ATM - Centex?
The ATM sells Bitcoin, Litecoin, Ethereum, Cardano, Dogecoin, Shiba Inu, Ripple, USDC, and Tether.
What are the transaction limits and payment methods at the Localcoin Bitcoin ATM?
You can purchase between $20 CAD and $995 CAD per transaction, with up to 5 transactions per day. Only Canadian cash bills are accepted at the ATM.
What are the operating hours of the Localcoin Bitcoin ATM at 3001 19 St NE, Calgary?
The ATM operates Monday to Saturday from 7:00 AM to 7:00 PM, and Sunday from 8:00 AM to 5:00 PM local time (America/Edmonton timezone).
Does the Localcoin Bitcoin ATM at Centex have wheelchair accessible entrance and parking?
Yes, the ATM location has both wheelchair accessible entrances and parking available for customers.
What nearby places can I visit around the Localcoin Bitcoin ATM at Centex?
Nearby you can visit Centex gas station and convenience store where the ATM is located, as well as Helen's Place, a Chinese restaurant and café, and the New Covenant Assembly Church.
How can the nearby Centex gas station help me when using Localcoin Bitcoin ATM?
Centex, as a gas station and convenience store, provides a convenient location to access the Localcoin Bitcoin ATM, and you can also purchase snacks or fuel before or after buying cryptocurrency.
Are there community services or entertainment options close to the Localcoin Bitcoin ATM in Calgary?
Yes, nearby community services include the Calgary Progressive Lifestyles Foundation and NICC Calgary community center. Additionally, Quest World Family Entertainment, a haunted house attraction, is located nearby for leisure activities.