EasyBit expands Global Bitcoin ATM Network Footprint to Vietnam

EasyBit expands Global Bitcoin ATM Network Footprint to Vietnam

EasyBit, a world-leader in Bitcoin ATM (BTM) operations, today announced a partnership with Bitcoin Viet Nam, Vietnam’s leading Bitcoin broker exchange service, to operate EasyBit’s BitAccess machines in Vietnam.  

The first BTM is already operation in Ho Chi Minh City, and three additional BTMs are en route to Vietnam.

“We are very excited to partner with Bitcoin Viet Nam to bring two-way Bitcoin ATMs to Vietnam,” said Michael Dupree, Jr. , CEO of EasyBit. “We provide a safe, easy to use, quick, and compliant way to buy and sell bitcoin- giving a low-cost alternative to sending and receiving money to and from abroad.

“We are glad to team up with such a strong and experienced partner in the BTM operator space in order to bring the benefits of this new technology to the Vietnamese market. While still in a nascent stage, FinTech is an increasingly hot topic in Vietnam – and we see this as one additional and important step in order to strengthen our position as market leader in the Digital Currency exchange landscape in Vietnam.” said Nguyen Tran Bao Phuong, CEO of Bitcoin Viet Nam.

According to the World Bank Vietnam is ranked #11 in international remittances in 2015 having received $13.2 billion up from $12 billion in 2014.  Bitcoin is an alternative to traditional international remittance methods, providing same-day, reliable and secure transfer of funds at a fraction of the usual costs.

The partnership’s first Bitcoin ATM is installed and operating from 10 AM to 1 AM at night,, 7 days a week at Italiani’s home made pizza restaurant  (https://www.facebook.com/Italianispizza/) in Ho Chi Minh City.  

About Bitcoin Viet Nam Co Ltd

Bitcoin Vietnam Co., Ltd., a Vietnamese Bitcoin startup founded in late 2013, is aiming to bring world-­class Bitcoin technology to the Vietnamese market. Bitcoin Vietnam Co., Ltd. started its operations in March of 2014 with the launch of its Broker Exchange Solution, which is enabling Bitcoin users and merchants in Vietnam to participate in the global Bitcoin Network. Bitcoin Vietnam Co., Ltd. is strictly committed to comply with all applicable rules and regulations regarding Bitcoin in Vietnam and therefore applying high standards of KYC/AML measures to prevent illicit usage of the company’s services.

For more information visit: https://www.bitcoinvietnam.com.vn/

About EasyBit LLC

EasyBit is the world premier Bitcoin ATM company with over 60 machines in operation in over 10 countries. We provide a safe, easy to use, quick, and compliant way to buy and sell bitcoin through our digital currency kiosks.  

More information about EasyBit can be found at: http://www.easybitllc.com/

Related News

EasyBit Places Bitcoin ATM in Michigan; Claims 50 ATM Locations in 10 Countries

Bitcoin ATM operator EasyBit recently installed an ATM in Fort Gratiot, Michigan at Boost Mobile store, marking nearly 50 machines in operation in over 10 countries, according to the company’s website. With nearly 50 machines, EasyBit becomes the second-largest bitcoin ATM operator behind Coinsource, which has 54 machines, according to numbers compiled by coinatmradar.com. After launching in December of 2013, EasyBit installed its first bitcoin ATM at Warie’s Thai Restaurant in Amsterdam, although it was later stolen. A Global Operator. EasyBit has machines in Arizona,....

Bitcoin ATMs Taking off in Vietnam With New Arrivals

Bitcoin ATM operator EasyBit said today it plans to install three new bitcoin ATMs in Vietnam. The company already operates one machine in Ho Chi Minh City, the country’s largest city. At the same time, it announced a partnership with local exchange Bitcoin Vietnam to supply all four machines. EasyBit already operates over 60 bitcoin ATMs in over 10 countries. The four Vietnam machines, all supplied by Canadian hardware manufacturer BitAccess, will be two-way. This means users can deposit bitcoins for cash as well as buy digital currency. Bitcoin Vietnam will handle all operations....

Bitcoin Adoption Sees an Uptick in Vietnam

Vietnam's first Bitcoin exchange, Bitcoin Vietnam today announced that Future. Travel has become the first business in Vietnam to accept Bitcoin in payments. Future. Travel is a Ho Chi Minh City-based travel agency and provides services such as flight tickets, cruises, tours and hotel accommodations. Users can now make payments for flight tickets using bitcoin on the website while other services will be handled via offline mode. This is a start, and a good start! General Director of Bitcoin Vietnam Dominik Weil said, "Bitcoin Vietnam's exchange was set up last year to help service what is....

Litecoin Community Raises over 120 LTC for Vietnamese Orphanage

From the VVN facebook page. TheLitecoin community has raised over 120 Litecoins for the Gò Vấp Orphanage in Vietnam. That's about $1500 USD! The goal of 100 LTC was met on February 25 when Charlie 'Coblee" Lee donated 50 LTC. Here's their charity project video. The Vietnam Volunteer Network will assist in transferring the funds to Gò Vấp. They work to raise funds and support the Gò Vấp Orphanage, helping to support orphans, many with Agent Orange related illnesses including hydrocephalus, malformations, and physical & mental disabilities, as well as children injured by landmines. Gò Vấp is....

First 'Live' Bitcoin Exchange Opens in Vietnam

Bitcoin continues to grow in Vietnam with last week's launch of the country's first live open-order book trading bitcoin exchange, VBTC. The new company is the result of an international merger between the operators of Vietnam's first bitcoin broker exchange BitcoinVietnam, and Israeli exchange technology startup Bit2C Ltd. Other team members hail from Germany, Singapore and the US. CEO of Bitcoin Vietnam Co. Ltd., Nguyen Tran Bao Phuong, told CoinDesk the Southeast Asian region had seen rapid grown in bitcoin infrastructure in the past months, with the Philippines probably leading the....