First bitcoin ATM opens in Vancouver

Vancouver-based Bitcoiniacs and Nevada-based Robocoin have launched the world’s first bitcoin ATM. It’ll convert bitcoins, a digital currency, to Canadian dollars and vice versa, reports cbc.ca. Read: A bitcoin ETF? Customers in Vancouver who visit the ATM will have their palms scanned, and can exchange up to $3,000 worth of bitcoin per day on Canada’s […]

October 30, 2013 | Last updated on October 30, 2013

1 min read

Vancouver-based Bitcoiniacs and Nevada-based Robocoin have launched the world’s first bitcoin ATM. It’ll convert bitcoins, a digital currency, to Canadian dollars and vice versa, reports cbc.ca.

Read: A bitcoin ETF?

Customers in Vancouver who visit the ATM will have their palms scanned, and can exchange up to $3,000 worth of bitcoin per day on Canada’s VirtEx exchange, says cbc.ca. Canadian dollars can also be fed in or taken out.

Read: Are Americans abusing virtual currency?

Bitcoiniacs and Robocoin plan to launch four more machines across Canada. Read more.

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