The latest one to be set up in Vancouver is at the Healthy Noodle House (2716 West 4th Avenue), which, if you didn’t know, makes delicious noodle soups.
It’s a Skyhook ATM, an open-source model that costs US$999 to buy online.
Bitcoin Solutions, a company that offers margin trading services, owns the ATM, which charges a five percent commission.
Users can convert Canadian cash into bitcoins, up to a maximum of $3,000 per transaction.
At time of writing, one bitcoin was valued at US$235.98 on CoinDesk’s Bitcoin Price Index, far below its peak of over US$1,100 in fall 2013.