Toronto becomes Canada’s Bitcoin ATM capital as CAVirtex adds 6 more

Toronto is set to become Canada’s top Bitcoin ATM hub as Canadian Bitcoin Exchange CAVirtex will be launching 6 more. Edmonton, arguably the country’s most Bitcoin-friendly hotspot, previously held the title.

The ATMs will be housed at Gateway Newstands, a North American convenience chain with over 400 locations. Five of the six new ATMs will be located in large shopping centers, and one in midtown.

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Bitcoin Decentral, a local physical abode for Bitcoin activities and startups, houses the city’s first such ATM.

BitAccess is the manufacturer of the new machines, while CAVirtex will leverage the CAD-based liquidity supplied on its exchange to facilitate conversions.