Home Bitcoin

Bitcoin

Featured posts
Bitcoin ATM Manufacturer CryptoBuyer to Install First Bitcoin ATM in Venezuela The South American country of Venezuela is finally joining in the Bitcoin ATM campaign, thanks to Bitcoin ATM manufacturer CryptoBuyer. The Panama based company is to install the very first Bitcoin ATM in Venezuela within the next two weeks. The company’s CEO Jorge Farias mentioned this on a radio podcast in which he said the ATM will be installed in Venezuela’s capital city Caracas. He said: “We are going to install the first cryptocurrency ATM in Venezuela, in the course of the next two weeks (…), we already have the equipment physically installed in Venezuela, in Caracas and they are in their final tests and we will be announcing them in social networks.“ According to the CEO, the company will not just install the machine but will also train Venezuelans on how to use it. This is a long overdue development for Venezuela as its citizens have turned to Bitcoin after the deadly crash of their currency and their reluctance to use their national cryptocurrency which the president has tried to impose on them. CryptoBuyer has been responsible for installing Bitcoin ATMs in the world over and in the Central American nation of Costa Rica in 2017 and was the first company to install a Bitcoin at a commercial bank. The company provides a network of Bitcoin ATMs that allow exchange of local fiat currencies for digital assets in a secure and private manner making it a safe way to exchange fiat and cryptocurrencies. The CEO of the company has also said the ATMs are easier to use than conventional ATMs as users only need to feed it bills of the fiat currency and their digital wallets are credited instantly with the cryptocurrencies they want to buy, in this case Bitcoin. The company is doing a great job as the number of Bitcoin ATMs is increasing significantly on a global scale. As at the end of 2018, there were over 2,000 ATMs around the world and obviously the number will increase this year with the first installation in Venezuela. As Venezuelans have turned to Bitcoin for help due to their failed financial system, this ATM will significantly help in making Bitcoin acquisition easier and so ease the pain of the citizens. It will also facilitate Bitcoin adoption to bring it closer to mainstream adoption as the industry hopes it will get there.

Bitcoin ATM Manufacturer CryptoBuyer to Install First Bitcoin ATM in Venezuela

Ponvang Bulus -
Why Bitcoin (BTC) Bottoming Below $3,000 Could Be A Good Thing

Why Bitcoin (BTC) Bottoming Below $3,000 Could Be A Good Thing

john kiguru -
Has Bitcoin bottomed out? Will 2019 see New Highs?

Has Bitcoin bottomed out? Will 2019 see New Highs?

Stephen Brown -
Bitcoin is worth nothing and Backed by Nothing. Really?

Bitcoin is worth nothing and Backed by Nothing. Really?

John Kojo Kumi -
How will other Cryptocurrencies be Affected if Bitcoin (BTC) drops to Zero?

How will other Cryptocurrencies be Affected if Bitcoin (BTC) drops to...

Adrian Klent -
Analyzing the AT Kearney Bullish Prediction Report on Bitcoin performance in 2019

Analyzing the AT Kearney Bullish Prediction Report on Bitcoin performance in...

John Kojo Kumi -
Chronicles: The Fall And Rise Of The Bitcoin Market

Chronicles: The Fall And Rise Of The Bitcoin Market

Nick James -
Why you should not compare the Bitcoin market to Stock market

Why you should not compare the Bitcoin market to Stock market

John Kojo Kumi -
Bitcoin is not an Instrument for Financial Investment but a Declaration of Monetary Independence, Says Bitcoin Evangelist

Bitcoin is not an Instrument for Financial Investment but a Declaration...

Judith Riseshine -
'Bitcoin is highly Undervalued, should be priced between $13,800 and $14,800- Tom Lee

‘Bitcoin is highly Undervalued, should be priced between $13,800 and $14,800’...

Ponvang Bulus -
Turkish Investor loses $170,000 worth of BTC due to lack of Backup

Turkish Investor loses $170,000 worth of BTC due to lack of...

Ponvang Bulus -
Bitcoin Mining in China

Bitcoin Mining in China

Guest Author -
Mass Adoption Of Cryptocurrency Draws Nearer as Nasdaq Confirms Bitcoin Futures Listing

Mass Adoption Of Cryptocurrency Draws Nearer as Nasdaq Confirms Bitcoin Futures...

Judith Riseshine -
Bitcoin: Stabilizing or Stumbling?

Bitcoin: Stabilizing or Stumbling?

Adrian Klent -
123...7Page 1 of 7
© ZyCrypto 2018
Subscribe To Our Newsletter

Subscribe To Our Newsletter

Join our mailing list to receive the latest Cryptocurrency news and updates, and also be the first to know about our weekly Ethereum Giveaways, we promise not to spam your inbox.

You have Successfully Subscribed!