More Bitcoin ATMs in Vancouver
Earlier this week, I wrote about Quadriga CX's plans to install 30 Bitcoin ATMs in the Vancouver area. In that story, I mentioned that there are already at least five places in the city where the public can use a Bitcoin ATM.
Two of these ATMs just went live in the past month. Lost + Found Café (33 West Hastings Street) has a Lamassu model, which converts Canadian cash into bitcoins. You can buy yourself a latte there with bitcoins too.
On June 12, Symple Internet Financial Limited installed a Robocoin model at Thai Vietnamese Cuisine (986 West Broadway), which is open 24-7. Like the world's first Bitcoin ATM—also a Robocoin—at Waves Coffee House (100-900 Howe Street), this machine accepts cash for bitcoins and vice versa.
Albert Buu, co-owner of Symple, told the Georgia Straight via email that the transaction fee on their ATM is five percent. Symple takes four percent and Robocoin gets one percent, while Symple pays the restaurant a monthly hosting fee. Symple is looking to place its second ATM in Calgary.
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