Instacoin Brings in Two BTC ATMs in Montreal

By November 25, 2014Bitcoin Business
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Instacoin Brings in Two BTC ATMs in Montreal

Instacoin, a company that claims that it is a group of independently owned and operated Bitcoin ATMs* serving the province of Quebec, has announced that it has brought in two more Bitcoin ATMs in Montreal. With the decision the company says it is moving ahead towards the goal to bring Bitcoin awareness, promotion and ATMs to Canadian in Quebec.

Moving ahead in their ambition to install Bitcoin ATMs in Quebec, Instacoin came up with the idea earlier this year when they first bought Lamassu Bitcoin ATM. The first Bitcoin ATM was launched in June of this year to cater the local customers in the city which is fast emerging as a capital of Bitcoin activities.

In the announcement the company says that the two new locations are at La Belle Province 3608, boul Saint-Laurent, Montréal, QC and Ottavio Restaurant 1134 Marcel-Laurin Saint-Laurent, QC. Thus, with the addition of two more Bitcoin ATMs, the company has accumulated 7 Bitcoin ATMs in Quebec so far.

Nonetheless, as Instacoin’s goal of getting Bitcoin out to more people has been a success so far, it may install some more in the future. Also, the company says that it is dedicated to protecting Bitcoin and promoting it across Canada. It is the first to bring Lamassu Bitcoin vending machines to the province.

Expanding Range of Bitcoin Activities by Instacoin

The company is making sure that there is more Bitcoin availability and education in Montreal as well and for that it is not stopping with just ATMs. It has not planned to bring in a mobile Bitcoin wallet and search engine to help facilitate the adoption and use of Bitcoin all under the Instacoin brand.

Nonetheless, Instacoin wants to end up like one-stop solution for Bitcoin and for that it brought in a range of activities this year. For instance, its mobile Bitcoin wallets and search engines to help merchants and consumers transact using Bitcoin, are going to make it more than a Bitcoin ATM installation services provider.

Also, as Montreal and the surrounding area has been on board with Bitcoin for quite some time having a Bitcoin Embassy as well, the further expansion of Instacoin is going to help the cause. According to the sources the mission of the Bitcoin Embassy is to inform, educate and assist on the use of Bitcoin and related crypto-technologies and help expand adoption.

To contact the reporter of this story: Deepak Tiwari at

Moving ahead in their ambition to install Bitcoin ATMs in Quebec, Instacoin came up […]

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