Instacoin Installs 20th Bitcoin ATM In Canada

Instacoin continues their hot streaks when it comes to installing new Bitcoin ATMs throughout Canada. This brings their total to 20, giving them a significant presence in the world of ATM operators. It will be interesting to see if this trend continues at this pace over the coming months.

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Instacoin Dominates Canadian Bitcoin ATM Market

It is always positive to see companies expand their presence in the world of Bitcoin and digital currency, especially when they provide a service that makes buying Bitcoin easier. Bitcoin ATMs are a great way to introduce novice users to the concept of digital currency, as they allow for the easy conversion from fiat to BTC on the spot.

Instacoin is becoming a force to be reckoned with in the Canadian Bitcoin market, as they added another three Bitcoin ATMs to their tally yesterday. With 20 machines deployed throughout the entire country, it is clear for anyone to see Bitcoin could thrive in Canada, and reaching critical mass is well within reach.  

The first of the new machines has been installed on Dufferin Street in Toronto. Located at a cash shop, this machine will be subject to a lot of foot traffic, especially people looking to buy and sell money in a cheap and convenient manner. Places like these make it well worth the time to explore remittance solutions through these ATMs at some point.

Bitcoin ATM number two is also located in a cash shop over in Etobicoke in Ontario. Once again, the same principle applies here, with lots of people having access to this machine during business hours. Although neither of these devices is available on a 24/7 basis, there are plenty of opportunities every day to play around with these machines.

The final Bitcoin ATM can be found in Brampton, Ontario, and is located in a cash shop as well. There is a particular trend to be noted when it comes to Instacoin deploying new Bitcoin teller machines, as cash shops seem to be the preferred type of venue. All in all, it is good to see these devices being brought online at a rapid pace, as residents have plenty of opportunities to get involved in Bitcoin.

Source: Twitter

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