At our Bitcoin ATM in Red Deer you can buy Bitcoin and other popular cryptocurrency, such as Ethereum and Litecoin, 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.
Need more locations but works good pretty easy to figure out and i find they are pretty secure so far anyway. I give it a 4 because there isn't alot of locations and sometimes the machine won't pick up the QR code so you have to find another machine but besides that it always seems to work great.
ST
star taylor
Jan 2, 2023
5.0
I use this location every time I’m in town open late very convenient.
AA
Ash
Jul 13, 2022
1.0
Lies this is all lies there's no Bitcoin machine to be found here don't waste your time
Frequently Asked Questions About Localcoin Bitcoin ATM - Chevron
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 where can I find its Bitcoin ATM in Red Deer?
Localcoin is Canada’s largest cryptocurrency ATM network allowing customers to buy cryptocurrency with cash. You can find a Localcoin Bitcoin ATM at 172 Leva Ave, Red Deer County, Alberta.
How do I use the Localcoin Bitcoin ATM at Chevron?
Bring a Bitcoin wallet app or a printed QR code along with cash. At the ATM, select cryptocurrency, scan your wallet QR code, insert cash, confirm the purchase, and your cryptocurrency will be sent to your wallet.
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 Localcoin Bitcoin ATM.
What are the operating hours for the Localcoin Bitcoin ATM - Chevron location?
The Localcoin Bitcoin ATM at 172 Leva Ave is open daily from 6:00 AM to 10:00 PM.
What payment methods does the Localcoin Bitcoin ATM accept?
The ATM accepts only Canadian cash bills. Debit or credit card purchases can be made online via their website.
Are there any accessibility features at the Localcoin Bitcoin ATM?
Yes, the location has wheelchair accessible parking to accommodate customers with mobility needs.
What are the transaction 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.
Which nearby places can I visit along with the Localcoin Bitcoin ATM at Chevron?
You can visit Gasoline Alley Esso and On The Run convenience stores, or enjoy dining at Dairy Queen Grill and Chill, all close to the ATM.
Are there nearby gas stations near the Localcoin Bitcoin ATM for refueling your vehicle?
Yes, Chevron - Gas Station, Gasoline Alley Esso, Costco Gas Station, and Shell are nearby for your refueling needs when visiting the ATM.
What nearby restaurants can I visit after using the Localcoin Bitcoin ATM at Chevron?
Nearby restaurants include Sukhdev Restaurant (Indian cuisine), Popeyes, Harvey's, Ricky's All Day Grill, Fatburger, McDonald's, and Carl's Jr. Canada for various dining options.