Bitcoin ATM located in Parks West Mall. 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
Location
Localcoin Bitcoin ATM (Buy & Sell) - Parks West Mall
Frequently Asked Questions About Localcoin Bitcoin ATM (Buy & Sell) - Parks West Mall
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 how can I use it?
Localcoin is Canada's largest cryptocurrency ATM network where you can buy cryptocurrency with cash at over 950 physical ATMs, mostly located in convenience stores and gas stations.
What cryptocurrencies can I buy at the Localcoin Bitcoin ATM in Parks West Mall?
You can purchase Bitcoin, Litecoin, Ethereum, Cardano, Dogecoin, Shiba Inu, Ripple, USDC, and Tether at our ATM.
Where is the Localcoin Bitcoin ATM located in Hinton?
The Localcoin Bitcoin ATM is located inside Parks West Mall at 900 Carmichael Lane, Hinton, Alberta.
What are the operating hours of the Localcoin Bitcoin ATM at Parks West Mall?
The ATM is open Monday through Saturday from 10:00 AM to 9:00 PM, and on Sunday from 11:00 AM to 9:00 PM.
How do I use the Bitcoin ATM at Parks West Mall?
Get a Bitcoin wallet from an app store, visit our ATM with your wallet's QR code and cash, scan your QR code at the machine, insert cash, confirm the purchase, and your Bitcoins will be transferred to your wallet.
What payment methods are accepted at the Localcoin Bitcoin ATM?
The ATM only accepts Canadian cash bills. For debit/credit card payments, you can purchase cryptocurrency online via their website.
What are the purchase limits when buying cryptocurrency at this ATM?
The minimum purchase amount is $20 CAD and the maximum is $995 per transaction, with up to 5 transactions allowed per day.
What nearby places can I visit before or after using the Localcoin Bitcoin ATM?
You can visit nearby spots like Gold Brick Jewellers & Goldsmiths for jewelry shopping, Cougar Country Bingo for entertainment, or relax at Starbucks for coffee.
Are there other retail options near the Localcoin ATM at Parks West Mall?
Yes, nearby retail options include Walmart, Dollarama, Warehouse One Hinton, and Bootlegger, offering a variety of shopping experiences close by.
Where can I find food and dining options near the Localcoin Bitcoin ATM?
Nearby dining options include MR MIKES SteakhouseCasual, Freshii for healthy food, and Mr. Mike's for steakhouse meals, all within close proximity at Parks West Mall.