Canadian crypto exchange Coinsquare to convert regular ATMs into crypto ATMs
- The Canadian cryptocurrency exchange Coinsquare have new software to convert traditional ATMs and make them compatible for cryptocurrency.
- Coinsquare will be targeting the regular ATMs to facilitate crypto cashouts and purchases.
Coinsquare, a Canadian crypto exchange company recently implemented new software which is going to allow an upgrade of local ATMs to a point where they can facilitate crypto cashouts.
It was noted that this move by the Canadian firm wasn’t targeting already existing Bitcoin ATMs, they want to upgrade the traditional ATMs that people use on a day-to-day basis.
The software is noted to have the capability to directly program into the ATMs to allow not only crypto cashouts but crypto purchases as well.
Author
Ken Chigbo
Independent Analyst
Ken has over 8 years exposure to the financial markets. He started his career as an analyst, covering a variety of asset classes; forex, fixed income, commodities and equities.
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