At our Bitcoin ATM in Regina 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.
Location
Localcoin Bitcoin ATM - Unique Smoke and Convenience
Frequently Asked Questions About Localcoin Bitcoin ATM - Unique Smoke and Convenience
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 their Bitcoin ATMs?
Localcoin is Canada’s largest cryptocurrency ATM network allowing customers to buy cryptocurrencies with cash at physical locations, primarily convenience stores and gas stations, with over 950 ATMs.
What cryptocurrencies can I buy at Localcoin Bitcoin ATM in Regina?
You can purchase Bitcoin, Litecoin, Ethereum, Cardano, Dogecoin, Shiba Inu, Ripple, USDC, and Tether at the Localcoin Bitcoin ATM located in Regina.
How do I use the Localcoin Bitcoin ATM at Unique Smoke and Convenience?
To use the ATM, get a crypto wallet app such as Trust Wallet or Coinbase Wallet, visit the ATM with your wallet’s QR code and cash, select cryptocurrency, scan the QR code at the machine, insert cash, confirm the purchase, and your Bitcoins will be sent to your wallet shortly.
What are the hours of operation for the Localcoin Bitcoin ATM in Regina?
The ATM is open Monday through Saturday from 9:00 AM to 7:00 PM and is closed on Sundays.
Are there any payment methods other than cash accepted at the Localcoin Bitcoin ATM?
No, the machine only accepts Canadian cash bills. For debit or credit card purchases, customers can buy cryptocurrency online at localcoinatm.com.
What are the purchase limits when buying Bitcoin at the Localcoin ATM in Regina?
You can buy a minimum of $20 CAD and a maximum of $995 per transaction, with up to 5 transactions allowed per day.
Is there wheelchair accessible parking available at the Localcoin Bitcoin ATM location?
Yes, the location at 4511 Rochdale Blvd in Regina has wheelchair accessible parking.
What nearby places can I visit before or after using the Localcoin Bitcoin ATM?
Nearby places include Domino's Pizza for a quick meal, Think Pink Nails for beauty services, and Browns Socialhouse Rochdale lounge for drinks and socializing.
How can nearby transit or amenities help me find the Localcoin Bitcoin ATM at Unique Smoke and Convenience?
The ATM is located near well-known establishments like the Unique Smoke and Vape Store and Northwest Pharmacy, making it easy to locate while shopping or running errands in the area.
Where can I get other services close to the Localcoin Bitcoin ATM in Regina?
Close to the ATM, there are services like Garden Ridge Dental Centre for dental care, Affinity Credit Union for banking, and The UPS Store for shipping and courier needs.