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Topic: Toronto Receives its First Ethereum ATMs, Targeting Mainstream Adoption (Read 209 times)

full member
Activity: 812
Merit: 126
So it only means that ethereum is being the 2nd largest cryptocurreny as being said and provided to be supported by the first bitcoin ATM in Canada. Such a measure for ethereum, It will not only make eth conversion easy but it will also help a lot of eth users in canada. I wish I was in canada to see what it exactly looks like for real.
sr. member
Activity: 1400
Merit: 420
With this knowing Ethereum will be having a bright future just like Bitcoin because Bitcoin is the first crypto currency that did this Crypto ATM/fiat and vice versa so if Ethereum is doing this their market cap in terms of dollar will grow exponentially without a doubt because they will not need a conversion from Bitcoin to Etherum instead they make a way to convert Fiat straight to Ethereum and with that being said this a good move for Ethereum community.
hero member
Activity: 812
Merit: 501
It could be the pioneer to connect eth to fiat directly, when other places and providers do the same, eth will be the second biggest currency accepted in the world. There will be more stores, merchants that accept eth directly without converting into bitcoin first. It is a good news for eth holders, better to keep it or invest to make more eth.
full member
Activity: 188
Merit: 100
LocalCoinATM, the Ontario-based bitcoin and Ethereum ATM manufacturer, has installed its first batch of Ethereum ATMs in Canada. These were installed over the past week in three different locations: Toronto, Brampton and Etobicoke. All of the ATMs were launched in branches of Hasty Market, a popular convenience store chain in Canada.

LocalCoinATM released an official statement:

“We’re excited to announce that we’ve added support for Ethereum on all our Bitcoin ATMs in Toronto and the GTA. We are the first Ethereum ATM providers in Toronto. Ethereum has revolutionized the crypto industry with its smart contract features.”

https://cointelegraph.com/news/toronto-receives-its-first-ethereum-atms-targeting-mainstream-adoption
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