World’s First Bitcoin ATM Opens In Vancouver, Canada

In a pinch and need cash? Your Bitcoin account may soon be able to save you.

The world’s first-ever Bitcoin ATM opened in Vancouver, Canada, on Tuesday, enabling Bitcoin owners to exchange the digital currency for cash, and vice versa. A total of 81 transactions took place with more than $10,000 exchanged from one currency to another, ABC News reported

The machine, which resides at Waves Coffee House in Vancouver’s downtown area, uses a palm scanner to access each Bitcoin owner’s account. Users who don’t already own Bitcoin can still exchange cash for the currency, and create an account on the spot. In fact, a third of Wednesday’s 81 ATM users were first-timers, according to Geekwire. Read more…

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