At our Bitcoin ATM in Kamloops 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.
Best machine for all intensive purposes and believe me I searched hi and low
PP
Punky
Apr 23, 2023
4.0
My 2nd favorite Bitcoin ATM in Kamloops. The only reason why it isn't my personal favorite is because for what I use it for I don't like having the extra step of verifying my phone number before being able to add $ onto my crypto wallet.. I'm sure there's a good reason for it, just not for me
Frequently Asked Questions About Localcoin Bitcoin ATM - U District Liquor 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 and what services does it offer in Kamloops?
Localcoin is Canada’s largest cryptocurrency ATM network, allowing customers to buy cryptocurrencies like Bitcoin with cash at physical ATM locations, including the one in Kamloops at 795 McGill Rd.
What cryptocurrencies can I buy at the Localcoin Bitcoin ATM in Kamloops?
You can purchase Bitcoin, Litecoin, Ethereum, Cardano, Dogecoin, Shiba Inu, Ripple, USDC, and Tether at the Localcoin Bitcoin ATM in Kamloops.
How do I use the Bitcoin ATM at U District Liquor Store?
First, get a compatible Bitcoin wallet app (like Trust Wallet or Coinbase Wallet). Visit the ATM with your wallet's QR code and cash, select your cryptocurrency, scan the QR code, insert cash, and confirm the purchase. Your coins will be sent to your wallet shortly after.
What are the purchase limits for using the Localcoin Bitcoin ATM in Kamloops?
The minimum purchase amount is $20 CAD and the maximum is $995 per transaction, with up to 5 transactions allowed per day.
What payment methods are accepted at the Localcoin Bitcoin ATM?
The ATM accepts only Canadian cash bills. Other payment methods such as debit or credit cards are not accepted at the ATM, but you can purchase cryptocurrencies online via their website.
What are the operating hours of the Localcoin Bitcoin ATM at U District Liquor Store, Kamloops?
The ATM is open Monday to Saturday from 10:00 AM to 11:00 PM and on Sundays from 11:00 AM to 9:00 PM.
Does the Localcoin Bitcoin ATM location have wheelchair accessibility?
Yes, the Localcoin Bitcoin ATM at U District Liquor Store is equipped with a wheelchair accessible entrance and parking.
What nearby restaurants can I visit before or after using the Localcoin Bitcoin ATM in Kamloops?
Nearby dining options include Dhanya's TRUe Curries for Indian cuisine, The Wakayama Ramen Bar for Japanese dishes, and Quan's bakery and more for cafe-style treats.
Are there any nearby shops or services close to the Localcoin Bitcoin ATM for additional errands?
Yes, the U District Liquor Store is right at the ATM location for convenient shopping, and other nearby services include Elite Overseas Immigration Services and FraserCart Indian Store.
Where can I find refreshments or relax near the Localcoin Bitcoin ATM?
You can enjoy bubble tea and waffles at Bubble Time Tea and Waffles, get coffee at Le Civilia Cafe, or have a sandwich at Subway, all located nearby the ATM.