Bitcoin ATM located in Baymont by Wyndham Medicine Hat. 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
Details
Wheelchair accessible entranceAvailable
Location
Localcoin Bitcoin ATM - Baymont by Wyndham Medicine Hat
I have always been satisfied and comfortable using your ATM's, always 100% satisfied
VR
Vanessa Ratz
Jul 17, 2024
5.0
Although the machine was relatively easy to use and I had no trouble using it. The only issue is there was, is the printing on the machine was very small to read.
Frequently Asked Questions About Localcoin Bitcoin ATM - Baymont by Wyndham Medicine Hat
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 the Localcoin Bitcoin ATM located at Baymont by Wyndham Medicine Hat?
It is Canada's largest cryptocurrency ATM network, allowing customers to buy Bitcoin and other cryptocurrencies with cash at a physical ATM located at 3216 13 Ave SE, Medicine Hat, AB.
What cryptocurrencies can I buy at the Localcoin Bitcoin ATM?
You can buy Bitcoin, Litecoin, Ethereum, Cardano, Dogecoin, Shiba Inu, Ripple, USDC, and Tether at the ATM.
How do I use the Localcoin Bitcoin ATM to buy cryptocurrency?
Download a Bitcoin wallet such as Trust Wallet, Exodus, or Coinbase Wallet. Visit the ATM with your wallet's QR code and cash, select the cryptocurrency, scan your QR code on the machine, insert cash, confirm, and receive your purchased coins in your wallet typically within 10-30 minutes.
What are the purchase limits at the Localcoin Bitcoin ATM?
You can purchase a minimum of $20 CAD and a maximum of $995 CAD per transaction, with up to 5 transactions allowed per day.
What payment methods are accepted at the Localcoin Bitcoin ATM?
The ATM accepts Canadian cash bills only. For debit or credit card payments, you can purchase cryptocurrency online via their website.
What are the operating hours of the Localcoin Bitcoin ATM at Baymont by Wyndham Medicine Hat?
The ATM is open daily from 10:00 AM to 11:00 PM.
Is the Localcoin Bitcoin ATM accessible for people with disabilities?
Yes, it has wheelchair accessible entrances and parking available.
What are some nearby restaurants where I can dine after using the Localcoin Bitcoin ATM?
Nearby options include The Mango Tree - Medicine Hat and Indian Kitchen, both offering Asian and Indian cuisine, as well as the Bayside VLT Lounge, which offers food and drinks.
Are there hotels near the Localcoin Bitcoin ATM in Medicine Hat?
Yes, the Baymont by Wyndham Medicine Hat and Coast Medicine Hat Hotel are located nearby for convenient accommodation.
Which nearby businesses can assist with real estate or financial services near the Localcoin Bitcoin ATM?
Nearby you will find RE/MAX, Centum Mortgage Direct Inc, and several real estate agents such as Jayda Holmedal and Devon Felesky, as well as insurance agencies like Scott Hughson, Co-operators.