Bitcoin ATMs

QuadrigaCX to Install Bitcoin ATMs All Over Canada

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QuadrigaCX, the leading bitcoin exchange in Canada, is planning to install a large amount of SumoPro two-way bitcoin ATMs, manufactured byBitXatm in major cities across the country. In 2014, the largest Canadian bitcoin exchange back then (CAVIRTEX) attempted this feat by using ATMs manufactured by BitAccess, installing them in locations with a high amount of traffic by cooperating with Gateway Newstands, a franchise store. One notable location where one of these ATMs could be found is the famous tourist attraction, Niagara Falls. However, it was quickly removed in less than a month, and a similar fate faced the other ATMs installed in places like Toronto and Ottawa, which led to the company’s eventual bankruptcy. Even though the locations gave these ATMs a large visibility, their failure has been attributed to the fact that they were inadequately staffed and prone to malfunction, with little to no customer and technical support. A year later, QuadrigaCX, a company that has since taken over CAVIRTEX’s spot of largest Canadian bitcoin exchange, takes on this challenge and explains that their plan will be different, and that its fate will also be different. “We are excited to finally be bringing some functional and beautiful two-way bitcoin ATM machines to Canada,” …