NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: OG Bitcoin Whales Dumping Assets: Chart Reveals Significant Sell-Off Activity
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: OG Bitcoin Whales Dumping Assets: Chart Reveals Significant Sell-Off Activity

Saskatoon Gets its First Bitcoin ATM

newsbtc
newsbtc
Last Updated: October 7, 2020 11:38 am
1 min read

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Canada is certainly establishing itself as the Mecca of bitcoin ATMs. From the launch of the world’s first two-way ATM in Vancouver to the establishment of a bitcoin ATM manufacturer in Ottawa, if you want to talk bitcoin ATMs, Canada’s your place.

And now Saskatoon, Saskatchewan is getting their very own ATM, according to local reports. The launch happens today.

Operated by Edmonton-based Bitcoin Solutions, the machine — as one would expect — allows users to insert fiat in exchange for bitcoin at the current exchange rate.

“Traditionally, bitcoin has been very lengthy and tedious to get your hands on,” said Bitcoin Solutions owner Adam O’Brien. “It’s such a beautiful way of sending money worldwide, but to actually get that bitcoin unless someone is sending it to you is very difficult. A bitcoin ATM lets you insert your cash into this teller machine and you receive bitcoin instantly.”

Why Saskatoon? According to O’Brien, it’s all about the younger demographic.

Canada, by far, seems to have the most bitcoin ATM installations from manufacturers the likes of Lamassu, BitAccess, and Robocoin.

Other cities with bitcoin ATMs include Edmonton, Montreal, Quebec, Toronto, and more.

[textmarker color=”C24000″]Source[/textmarker] CKOM

Tweet123Share196ShareSend
newsbtc
newsbtc

newsbtc

Comments 3

  1. Mike says:
    12 years ago

    According to the source of this news, CKOM: “However, O’Brien said the ATM will allow users to take advantage of these price swings by having a quick way to buy and sell”.

    Since the machine depicted in this article is a one-way lamassu I suspect the machine is actually made by robocoin or BitAccess.

    Reply
  2. Bitcoin Solutions says:
    12 years ago

    The machine is rather a BitAccess. NOT a Lamassu. This is a 2-way machine! Thanks! – Bitcoin Solutions

    Reply
  3. Dr Bitcoins says:
    12 years ago

    8% transaction fees!! Western Union eat your heart out!

    Hell no thank you.

    Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Comments 3

  1. Mike says:
    12 years ago

    According to the source of this news, CKOM: “However, O’Brien said the ATM will allow users to take advantage of these price swings by having a quick way to buy and sell”.

    Since the machine depicted in this article is a one-way lamassu I suspect the machine is actually made by robocoin or BitAccess.

    Reply
  2. Bitcoin Solutions says:
    12 years ago

    The machine is rather a BitAccess. NOT a Lamassu. This is a 2-way machine! Thanks! – Bitcoin Solutions

    Reply
  3. Dr Bitcoins says:
    12 years ago

    8% transaction fees!! Western Union eat your heart out!

    Hell no thank you.

    Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Bitcoin

Is The Bitcoin Price Bottom In? Latest On-Chain Data Suggests So

As the Bitcoin market continues to experience a flurry of sales, which started in mid-October, recent on-chain data paints a...

Opeyemi Sule 5 hours ago
Enorme hedge funds kopen samen $200M BTC tijdens crash - wat gaat Bitcoin doen?

Enorme hedge funds kopen samen $200M BTC tijdens crash – wat gaat Bitcoin doen?

De afgelopen week had de cryptomarkt het zwaar. De Bitcoin koers bevond zich onder de $104.000, nadat deze zich al...

Lars Diederiksen 5 hours ago
Bitcoin

Bitcoin Dominance Signals The Crypto Bull Run Remains Active – Analyst

The crypto market has endured a turbulent period in recent weeks, as the total market cap has crashed by over...

Semilore Faleti 8 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Bitcoin

What Happens To The Bitcoin Price If It Follows Gold?

Scott Matherson 1 hour ago
Litecoin

Litecoin Readies For Next Leg Higher As LTCBTC Tightens Beneath Range High

Godspower Owie 1 hour ago
ZCash

ZCash (ZEC) Euphoria Is Finally Here — Time To Cash In?

Opeyemi Sule 2 hours ago

Premium Sponsors

Press Releases

  • シバコイン 今後の価格予測:動きがない今こそ注目すべき理由

    シバコイン...

    13 hours ago
  • 仮想通貨おすすめ:ドージコインが0.20ドルを下回る中で注目される新たな投資先

    ...

    13 hours ago
  • 新しい仮想通貨:11月のミーム市場で「100倍ロケット」が期待される注目トークンとは

    ...

    13 hours ago
  • アルトコイン市場注目銘柄:革新性と実用性で際立つ次世代プロジェクト【2025年版】

    ...

    14 hours ago
  • 仮想通貨投資2025:次にブレイクする注目の新興アルトコインとは?

    ...

    14 hours ago

Newsletter

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.