Bitcoin ATM located in Jingle Pot General Gas N Go. 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
Location
Localcoin Bitcoin ATM - Jingle Pot General Gas N Go
Had to send cash international and transacted with Localcoin ATM. Follow instructions and is simple. The camera screen needed alittle cleaning to get a good image of QR code but all in all highly recommend.
Frequently Asked Questions About Localcoin Bitcoin ATM - Jingle Pot General Gas N Go
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 Trust Wallet and Blue Wallet.
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 do they offer?
Localcoin is Canada’s largest cryptocurrency ATM network that allows customers to buy cryptocurrency with cash at physical locations including convenience stores and gas stations.
How can I use the Localcoin Bitcoin ATM at Jingle Pot General Gas N Go?
To use the Bitcoin ATM, get a crypto wallet app like Trust Wallet or Coinbase Wallet, visit the ATM with your wallet's QR code and cash, select your cryptocurrency, scan your wallet QR code at the machine, insert cash, and confirm your purchase. Bitcoins are sent to your wallet typically within minutes.
What cryptocurrencies can I buy at this Localcoin Bitcoin ATM?
You can buy Bitcoin, Litecoin, Ethereum, Cardano, Dogecoin, Shiba Inu, Ripple, USDC, and Tether at this ATM.
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.
What payment methods does the Localcoin Bitcoin ATM accept?
The ATM accepts only Canadian cash bills. For debit or credit card payments, you can purchase crypto online via their website.
Where is the Localcoin Bitcoin ATM located and what are its hours?
The ATM is located at 2201 Jingle Pot Road, Nanaimo, BC V9R 6J2, Canada, inside the Jingle Pot General Gas N Go. It is open daily from 7:00 AM to 10:00 PM.
What nearby places can I visit around the Localcoin Bitcoin ATM at Jingle Pot General Gas N Go?
Nearby you can visit Splitsville Nanaimo for bowling and arcade games, Jingle Pot Pub for dining and drinks, and Serious Coffee Jingle Pot for coffee and fast food.
How might I combine visiting the Localcoin Bitcoin ATM with other local errands?
Since the ATM is located near Jingle Pot Laundromat and Best Buy Liquor, you can conveniently buy cryptocurrency while doing laundry or shopping for electronics and liquor in the area.
Are there recreational or relaxation spots near the Localcoin Bitcoin ATM?
Yes, you can relax at Westwood Lake Park or pamper yourself at nearby spas like Inside Out Holistic Healing Studio and Westwood Lake Massage Therapy after your ATM visit.
How can the nearby transit and amenities help me access the Localcoin Bitcoin ATM?
While transit details aren't specified, the ATM's location at Jingle Pot General Gas N Go is near familiar local spots like Jingle Pot Pub and Serious Coffee, making it easier to find and access when running local errands or visiting.