First Lamassu Bitcoin ATM to Open in Quebec

    MONTREAL, QC, June 24, 2014 /24-7PressRelease/ -- Instacoin has announced the launch of the first Lamassu Bitcoin ATM in the province of Quebec at Patisserie Lachenaie, a renowned family bakery in eastern Montreal. The Bitcoin ATM will be open to the public for Bitcoin purchasing on Wednesday, June 25th.

The Bitcoin ATM is the first of a projected 20 to be installed under the Instacoin banner this summer in the Greater Montreal Area and Quebec City. With its intuitive and simple user interface, 15-second CAD$ to Bitcoin conversion, quick sign-up and accessibility in major urban areas, Instacoin Bitcoin ATMs will simplify the Bitcoin buying process for the people of Quebec. Patisserie Lachenaie will also be accepting Bitcoin for goods and services via Coinkite Payment Terminals at the point of sale.

"Since I first read about Bitcoin, with its open nature and quick worldwide transactions, I thought it was revolutionary. But buying them wasn't so easy for me," said Joe Di Sano, proprietor of Patisserie Lachenaie. "It took me several weeks just to be able to start buying Bitcoin online. That's why I'm so excited to setup my first Instacoin Bitcoin ATM. All the client needs to do is scan their mobile phone [displaying a wallet QR code], insert cash into the machine and within seconds Bitcoins are transferred to them."

The inaugural Instacoin Bitcoin ATM will start selling to the public on Wednesday, June 25th, 2014 from 9:00AM-7:00PM (EST) at Patisserie Lachenaie, located at 655 Mtee des Pionniers, Terrebonne, QC J6V 1S2.

Instacoin aims to be Canada's premier Bitcoin ATM network operator with a planned launch of more than 20 units in the coming months. For those interested in partnering with Instacoin, please submit a form on www.instacoinATM.com and a representative will contact you.

About Instacoin
Founded in Montreal, Quebec, in 2013, Instacoin licenses its technology, brand and expertise to independent entrepreneurs looking to operate their own Bitcoin ATM networks. Dedicated to protecting Bitcoin and promoting it across Canada, Instacoin is the first to bring Lamassu Bitcoin ATMs to the province of Quebec. Throughout 2014, several tools such as mobile Bitcoin wallets and search engines to help merchants and consumers transact using Bitcoin, will be launched under the Instacoin banner.

# # #