Canadian Bitcoin ATM manufacturer Bitaccess, has announced the launch of their Flexepin voucher system, which allows Canadians to purchase bitcoin at 6,000 retail locations across the country.
Flexepin vouchers can be purchased with debit cards and cash. Per the press release, the vouchers come in $10, $50, $100 and $250 denominations. The Flexepin vouchers can be redeemed at the portal page provided by Bitaccess.
“After you buy a Flexepin voucher from the cashier, we’ll redeem your Flexepin into bitcoin for you.”
Bitaccess has been very busy increasing access to digital currency services in Canada. According to a recent blog post, the company has been building up its infrastructure of digital currency ATMs over the past two years, but found the process to be quite cumbersome.
“We can’t get BTMs out worldwide quickly or efficiently enough to take this to the next level.”
The voucher system holds great promise for the future of digital currencies in Canada and Bitaccess isn’t the only company to jump on this bandwagon. Toronto’s bitcoin hub Decentral, also launched its own bitcoin voucher system in February of this year, however, their vouchers are limited to $100 and are only available within the province of Ontario.
If you liked this article follow us on Twitter @themerklenews and make sure to subscribe to our newsletter to receive the latest bitcoin and altcoin price analysis and the latest cryptocurrency news.
TRON ended November as the top blockchain by fees, extending its dominance in payment infrastructure…
Prediction markets just locked in another breakout month. November closed with $14.3 billion in total…
Trust Wallet is stepping into a completely new lane. The CZ-owned self-custody wallet has launched…
Kraken has announced the acquisition of Backed, the tokenization platform behind some of the fastest-growing…
Sui Pauses & AVAX Rebounds While Zero Knowledge Proof’s 200M Daily Presale Auction Goes Live,…
Europe just shut down one of crypto’s longest-running shadows. Germany and Switzerland, backed by Europol,…