Bitcoin ATM arriving at Pacific Central Station in Vancouver

Jumping on the train or bus and need bitcoins to spend at your destination? Soon you'll be able to buy some at Pacific Central Station in Vancouver.

Canadian Bitcoin exchange CaVirtex plans to install a Bitcoin ATM at the Gateway Newstands store in the train station. The machine, built by Ottawa-based BitAccess, will allow users to buy or sell up to $3,000 in Bitcoin.

Buyers will be able to scan a QR code to have the funds transferred to their digital wallet. The machine will also be able to print out paper wallets, which are a way for people to store bitcoins offline.

Today (August 13), CaVirtex announced it will launch 10 Bitcoin ATMs across Canada. Six are in Toronto, and Vancouver, Niagara, Ottawa, and Halifax are each getting one. All of the Bitcoin ATMs will be located in Gateway Newstands stores.

“Launching these Bitcoin Teller Machines in Canada is a significant milestone that will let anyone with a cell phone and cash buy Bitcoins instantly,” Joseph David, CEO of CaVirtex, said in a news release. “It’s a big first step working with BitAccess and Gateway Newstands, and as demand increases we plan to install more BTMs across the country.”

Vancouver is already home to several Bitcoin ATMs.

More on Bitcoin

Comments (0) Add New Comment
To prevent automated spam submissions leave this field empty.