Bitcoin ATM located in Max-11 Convenience Store. 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 - Max-11 Convenience Store
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?
Localcoin is Canada’s largest cryptocurrency ATM network with over 950 physical ATMs at retail locations, allowing customers to buy cryptocurrency with cash.
How does a Bitcoin ATM work and what can I do at a Localcoin ATM?
A Bitcoin ATM lets you buy Bitcoin and other cryptocurrencies using cash. At a Localcoin ATM, you scan your wallet QR code, insert CAD cash, and receive cryptocurrency in your digital wallet.
Which cryptocurrencies can I purchase at the Localcoin Bitcoin ATM in Max-11 Convenience Store?
You can buy Bitcoin, Litecoin, Ethereum, Cardano, Dogecoin, Shiba Inu, Ripple, USDC, and Tether at this ATM.
What are the purchase limits for buying Bitcoin 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.
Where is the Localcoin Bitcoin ATM - Max-11 Convenience Store located?
It is located at 3 63 Ave, Lacombe, Alberta, T4L 1V6, Canada.
What are the operating hours of the Localcoin Bitcoin ATM at Max-11 Convenience Store?
The ATM is open daily from 6:00 AM to 11:00 PM.
What payment methods are accepted at this Bitcoin ATM?
Only Canadian cash bills are accepted at the ATM. Other payment methods are available for online purchases through their website.
Is the Localcoin Bitcoin ATM at Max-11 Convenience Store wheelchair accessible?
Yes, the location has wheelchair accessible entrances and parking.
What nearby places can I visit before or after using the Localcoin Bitcoin ATM?
Nearby places include Castle Liquor Lacombe for beverages, Buster's Pizza & Donair for food, and the UPS Access Point location for shipping needs, making it convenient to combine errands with your visit.
How can visiting nearby places like Max 11 Convenience Store enhance my visit to the Localcoin Bitcoin ATM?
Since the ATM is located inside Max 11 Convenience Store, you can easily shop for essentials or snacks while accessing cryptocurrency services in one trip.
Are there any recreational or wellness-related places near the Localcoin Bitcoin ATM?
Yes, nearby amenities include Energi Wellness Lacombe for holistic health, Lacombe Physiotherapy Clinic, and Masters Massage Therapy for relaxation and therapy services.