BTCPoint Enables 10,000 ATMs to sell Bitcoin in Spain
BTCPoint has enabled over 10,000 ATMs to sell bitcoins in Spain. The new service was done through a partnership with Hal-Cash, which allows operators to enable money transfers to any phone and have them cash out at ATMs. Banco Sabadell, Spain’s fourth largest bank, partnered with the 4 man company and gave them access to their ATMs. In addition to Banco Sabadell, the service will also be available on ATM units owned by Abanca, Banco Popular ING, Baninter, EVO, Cajamar, TargoBank and Caja Laboral. The service is a major pivot for BTCPoint, which previously manufactured two-way bitcoin ATMs.....
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Bitcoin-to-cash withdrawals are now available at 10,000 additional bank ATMs in Spain. The development is the result of agreements between BTCPoint, major national bank Banc Sabadell and Hal-Cash that will see the bitcoin service integrating with Banc Sabadell, Banco Popular, Abanca and EVO Bank units. "Once you send your bitcoin to our address, you'll receive a text message with a code and with that code you can go to any ATM and receive cash right away," co-founder and COO Alex Lopera explained, adding that customers don't need to have a credit card or account with the banks in order to....
Today, February 22, was the inauguration of the first Spanish bitcoin ATM in Diagonal Mar, a shopping center situated in one of the main avenues of Barcelona. With its installation comes 100 more ATMs over the next three months in the rest of Spain - a clear sign that interest in bitcoin, in this country, is settled. This ATM, designed and operated by the Spanish companies Paymaq and Bbank respectively, starts the bitcoin fever that in the next three months will cover all the Spanish provinces with this service. As we can see in other countries such as Canada, to buy or sell bitcoin in....
Spain currently hosts 215 crypto ATMs, pushing El Salvador — home to 212 crypto ATMs — down to the fourth position after surpassing the country by 3 crypto ATMs. The European country of Spain is officially home to the third-largest network of Bitcoin (BTC) and cryptocurrency ATMs after the United States and Canada. Spain currently hosts 215 crypto ATMs, pushing El Salvador — wi 212 crypto ATMs — down to the fourth position after surpassing the country by 3 crypto ATMs. Data from CoinATMRadar confirms that Spain represents 0.6% of the global crypto ATM installations.Crypto ATM distribution....
Article has been updated with fee information. Bit2Me has launched an app that enables its users to convert bitcoins into euros at more than 10,000 ATMs across Spain. The Bit2Me mobile and desktop app taps into the existing ATM infrastructure using Hal-Cash, a bank service that allows users to send money to any mobile phone to be withdrawn from an ATM. Bit2Me hopes to facilitate widespread access to digital currency in Spain by offering rapid fiat currency conversion. Leif Ferreira, Bit2Me founder, said: "Bit2Me is an easy way for new users to probe cryptocurrencies by converting bitcoin....
The first Bitcoin ATM has been installed on February 22th in Barcelona. Image Source. Bbank is the company that distributes the Bitcoin ATMs, and PayMaQ the company that manufactures them in Spain. In Spain, there are not special laws for Bitcoin, so Bitcoin ATMs are regulated by the same laws as vending machines and you do not need a special permission to install them. The company has two different versions. With the first version, users can only buy Bitcoin with cash in euros using bill from 20 to 500€. The second version is still under development, and it will be ready in the next....