Bitbuy exchange joins with Local coin: ATM service provider in Canada
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Canada is becoming a crypto friendly country. With the news of new partnership crypto will be easily obtained and redeemed through ATM service of Local coin. Crypto will get more attention in coming days because of this joint partnership. Source
Bitbuy a crypto exchange:
Those who don't know, bitbuy is a crypto exchange where you can buy sell crypto as like other popular exchanges. The exchange has a good reputation in the market. It is user friendly and safe. As it is partnering with a Canadian company we can assume that good days are ahead for bitbuy.
Importance of partnership:
People definitely going to like what they are planning to do. Now using crypto will become more easier and people will have their preference in where to buy crypto and where to exchange it for cash. When the partnership start their operation people can get their cash from ATM booth by selling crypto and buy crypto from bitbuy. Both way crypto going to be easily accessible.
Canadian people will have the benefits to enjoy such service. Only thing you need is an internet connection and bitbuy account. As bitbuy is directly connected with LocalCoin you can get your cash on your ATM card or directly from the ATM machine.
Crypto likely to get more attention:
Crypto adoption is the most important part in the partnership. Seeing the benefits of this partnership people likely to get into the crypto journey. This could lead to a massive rise in the crypto users in Canada. Now people like to have a payment method which is widely available and easy to use. People no longer want to waste their time into this complex withdrawal system. As ATM machine are everywhere people can get their money whenever they want.
When people think about crypto one thing comes in their mind that it is virtual money. People cannot use it in real world until they exchange the funds in cash. ATM machines are where people get cash. In this way the virtual money concept may get a new path.
Conclusion:
Not all the partnerships are significant. But this one with Bitbuy and LocalCoin can easily change the fate of crypto in Canada. Exchange and ATM machine working together can make crypto popular in other countries too.
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Dear @selimreza1 ,
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It is great to know that Canada is beginning to accept cryptocurrency, however I need you to work on the quality of your post.
It needs more explanation
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