At our Bitcoin ATM in Edmonton you can buy Bitcoin and other popular cryptocurrency, such as Ethereum, Litecoin, and Dogecoin 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.
Frequently Asked Questions About Localcoin Bitcoin ATM - Value Liquor Hub - Jasper
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 over 950 physical ATMs located primarily in convenience stores and gas stations.
What cryptocurrencies can I buy at the Localcoin Bitcoin ATM in Edmonton?
You can buy Bitcoin, Litecoin, Ethereum, Cardano, Dogecoin, Shiba Inu, Ripple, USDC, and Tether at Localcoin ATMs.
How do I use the Bitcoin ATM at Value Liquor Hub – Jasper Ave?
Download a crypto wallet app like Trust Wallet or Coinbase Wallet, bring your wallet’s QR code to the ATM, select your cryptocurrency, scan the QR code at the machine, insert your cash, and confirm your purchase. The cryptocurrency will be sent to your wallet usually within 10-30 minutes.
What are the operating hours of the Localcoin Bitcoin ATM at 12068 Jasper Ave, Edmonton?
The ATM operates daily with open intervals from 12:00 AM to 2:00 AM and then from 9:00 AM to midnight.
Are there any restrictions on purchasing Bitcoin at this ATM?
Yes, the minimum purchase amount is $20 CAD and the maximum is $995 per transaction, with up to 5 transactions allowed per day.
What forms of payment does the Localcoin ATM accept?
The ATM accepts Canadian cash bills only. For other payment methods like debit or credit cards, purchases can be made online on the Localcoin website.
Is the Localcoin Bitcoin ATM at Value Liquor Hub wheelchair accessible?
Yes, it has a wheelchair accessible entrance and wheelchair accessible parking available.
What nearby places can I visit when using the Localcoin Bitcoin ATM at Jasper Ave?
Nearby attractions include Value Liquor Hub for shopping, Shogun Fusion AYCE Sushi for dining, and The X Realm Escape Game for entertainment. These locations offer convenient options to explore before or after your visit to the ATM.
Is there another Bitcoin ATM close to Localcoin at Jasper Ave?
Yes, the HODL Bitcoin ATM located at K&K Mart Convenience Store is nearby and offers additional options for buying cryptocurrency.
What services are offered near Localcoin Bitcoin ATM at Value Liquor Hub besides crypto services?
Nearby services include gyms like Rock Jungle CrossFit, beauty salons such as MUZE Hair Room and Dana Chantele Tattoo Boutique, and restaurants including Family Pizza Jasper Ave and World's Finest Donair, offering a range of local amenities to complement your visit.