Kemper said the six new machines, which have been installed in select locations, brings the number of Bitcoin teller machines in Toronto to 19 and a total of 30 across Canada. Toronto may soon claim the title for the Bitcoin ATM capital of the world, if CAVIRTEX has any say in the matter.. Today, the Calgary-based Bitcoin exchange and services provider announced it was rolling out six more Bitcoin Teller Machines (BTMs) across the Greater Toronto Area. Aug 13, · Kemper said the six new machines, which have been installed in select locations, brings the number of Bitcoin teller machines in Toronto to 19 and a total of 30 across Canada.
Bitcoin teller machine torontoBitcoin Depot ATM Bloor St W Toronto, ON Automated Teller Machines - MapQuest
The company was marketing its debit cards to its 22, customers in Canada. He says the goal is giving people a choice when it comes to paying. David wants more merchants to accept Bitcoin, and has spoken to several small businesses in Toronto to push the idea. The restaurant has allowed its customers to pay via the digital currency for a month now using a terminal from CoinKite. The terminal resembles a portable debit machine used in most restaurants. Those affected will likely never recover their Bitcoins.
Corey Jason uses the currency in his web development and marketing business in Toronto. Whenever possible, Jason says he tries to buy supplies that also deal in Bitcoin and he encourages his clients to consider accepting Bitcoin payments. The benefits are that it cuts down on the cost of doing business and makes operations run more efficiently, he said.
Gateway Newstands is placing the machines in its convenience stores and kiosks. Noah Aychental, vice-president for marketing and promotions, said Gateway hopes to become the first national convenience store chain to accept Bitcoin.
The teller machines allow holders of the cryptocurrency to quickly access their funds, said Kemper, adding that the company is on track to installing two more machines in Alberta and British Columbia.
Kemper said the machines will eventually be able to spit out cash and deposit converted Bitcoins through a debit card. World Canada Local. Full Menu Search Menu. Close Local your local region National. Search Submit search Quick Search. Comments Close comments menu. Close X.
Click to scroll back to top of the page Back to top. By Staff The Canadian Press. Posted August 13, pm. Updated August 14, am.