At our Bitcoin ATM in Maple Ridge 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.
Details
Wheelchair accessible entranceAvailable
Location
Localcoin Bitcoin ATM - Silver Valley Convenience Store
Frequently Asked Questions About Localcoin Bitcoin ATM - Silver Valley 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 and what services does it offer at the Maple Ridge ATM?
Localcoin is Canada's largest cryptocurrency ATM network, allowing customers to buy cryptocurrencies like Bitcoin, Ethereum, and Litecoin with cash at retail locations such as convenience stores and gas stations. At the Maple Ridge ATM inside Silver Valley Convenience Store, you can easily purchase popular cryptocurrencies using cash.
How do I use the Localcoin Bitcoin ATM at Silver Valley Convenience Store?
To use the Bitcoin ATM, first get a crypto wallet app like Trust Wallet, Exodus, or Coinbase Wallet. Then visit the ATM with your wallet's QR code and cash. Select the cryptocurrency you want, scan your wallet's QR code at the machine, insert cash, and confirm the transaction. Your cryptocurrency will be sent to your wallet shortly after.
What cryptocurrencies can I buy at this Localcoin Bitcoin ATM?
You can purchase Bitcoin, Litecoin, Ethereum, Cardano, Dogecoin, Shiba Inu, Ripple, USDC, and Tether at this ATM.
What are the transaction limits for buying cryptocurrency at this ATM?
The minimum amount you can buy is $20 CAD, with a maximum of $995 per transaction. You can make up to 5 transactions per day.
What payment methods does the Localcoin ATM accept?
The ATM only accepts Canadian cash bills. If you prefer to pay by debit or credit card, you can purchase cryptocurrency online at localcoinatm.com.
What are the opening hours of the Localcoin Bitcoin ATM at Silver Valley Convenience Store?
The ATM is open Monday to Thursday from 6:00 AM to 10:30 PM, Friday and Saturday from 6:00 AM to 11:00 PM, and Sunday from 7:00 AM to 10:30 PM.
Is the Localcoin Bitcoin ATM at Silver Valley Convenience Store wheelchair accessible?
Yes, the ATM location has a wheelchair accessible entrance and parking to accommodate individuals with disabilities.
What nearby places can I visit before or after using the Localcoin Bitcoin ATM in Maple Ridge?
Nearby you can visit Maple Ridge Park for outdoor activities, enjoy a pizza at Camy's Pizza, or relax at the Black Sheep Pub. These places offer good options for dining or recreation close to the ATM.
How can nearby places like Petro-Canada and Silver Valley Convenience Store help me when visiting the Localcoin ATM?
Since the Localcoin ATM is located inside Silver Valley Convenience Store, you can conveniently combine your crypto transactions with routine shopping or fueling up at Petro-Canada nearby, making your trip efficient and practical.
Are there any family services or schools near the Localcoin Bitcoin ATM in Maple Ridge?
Yes, Yennadon Elementary School and A-Z Little World Family Daycare are nearby, which could be useful locations for families visiting the area around the ATM.