Canadian crypto trading platform Coinsquare has acquired a major stake in Just Cash, a software provider in the fintech space, states an official press release.
Coinsquare is a crypto exchange, which was founded back in 2014 and claiming to be "Canada’s most secure digital currency trading platform."
The trading platform expects to boost the usage of crypto ATM's with the Just Cash. Just Cash's ATM tech allows customers to purchase crypto through the traditional ATM process without disrupting the ATM network, notes the announcement.
Cole Diamond, CEO of Coinsquare, claims right now, there is a lack of mainstream cryptocurrency adoption because most people are intimidated by the process to acquire it.
"By using the millions of existing ATMs around the world, we can now bridge the gap and give new users the easiest and most familiar experience to purchase cryptocurrency," he added.
Earlier this year, Coinsquare acquired decentralized cryptocurrency exchange (DEX) StellarX
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