CoinOutlet Expands Into Europe

CoinOutlet Expands Into Europe

Popular Bitcoin ATM company, Coin Outlet. Inc. ("CoinOutlet"), is making a strong foothold in the European market by launching a bitcoin ATM inside BitPay headquarters. As Amsterdam is the epicenter of immigration in Europe, this represents a large remittance market, making it an integral part of CoinOutlet's European expansion strategy.

Eric Grill, CoinOutlet's CEO explains how "Amsterdam fits into our strategic vision for bringing bitcoin adoption to existing large remittance markets, especially in a multicultural location."

A launch event will be held on 6th February during Amsterdam's Bitcoin Meetup at the BitPay Head Office, with CoinOutlet's Director of European Operations Abhimanyu Dayal and BitPay employees available to assist with transactions. Customers of BitPay can use the CoinOutlet ATM during this day for demo purposes. Bitcoin enthusiasts and media are invited to attend.

With over 50,000 companies using their services, BitPay is the world leader in bitcoin integration for businesses, and CoinOutlet is establishing the largest international Bitcoin ATM network to lay the foundation of the Bitcoin ecosystem for further integration into the mainstream.

Mr Dayal explains that "this new CoinOutlet bitcoin ATM will revolutionize the Bitcoin ecosystem in Europe. BitPay and CoinOutlet will be educating merchants about Bitcoin -- it is a teaching tool for businesses."

About CoinOutlet, Inc

CoinOutlet is a rapidly growing startup that manufactures and operates AML/KYC compliant Bitcoin ATM's with two-way transaction functionality. It provides a convenient means for the general public to safely buy and sell bitcoins with cash. CoinOutlet is proudly supported by its lead investor Bitcoin Shop, Inc. (OTCQB: BTCS) which is building a universal digital currency platform under the BTCS ("Blockchain Technology Consumer Solutions".)

Brand information on BTCS can be found at

More information about CoinOutlet can be found at

Related News

CoinOutlet Enters Bitcoin ATM Market With Low-Cost, Two-Way Model

Robocoin, Lamassu, BitAccess, Genesis Coin, BitXatm - the global bitcoin ATM market is already being served by a number of emerging manufacturers. However, that isn't stopping new entrants from attacking the space. With its late-August launch, CoinOutlet is hoping to make inroads in this burgeoning sector of the industry, investing now while interest in bitcoin ATM offerings remains high and new locations for bitcoin ATMs are still being discovered. Following the announcement, CoinDesk spoke with CoinOutlet founder and CEO Eric Grill to discuss why he feels his company can succeed in the....

San Diego's First 2-Way Bitcoin ATM Opens

The San Diego County in South California is now home to its very first 2-way Bitcoin ATM machine. A new 2-way Bitcoin ATM – the first of its kind in San Diego County – was announced today by CoinStructive Inc., a Bitcoin marketplace consultant in partnership with CoinOutlet Inc., a U.S.-based hardware startup-centric to Bitcoin and manufacturer of this 2-Way Bitcoin ATM. CoinOutlet, also a Bitcoin-based startup, manufactures AML/KYC compliant Bitcoin kiosks that adhere to security standards similar to that of a fiat ATM machine. Fundamentally, the 2-way Bitcoin ATM provides a simple and....

French Connection: Blockchain Consortium Agentic Group Expands to Europe

On a mission to demystify digital currencies and Blockchain technology, a New York-based Global Blockchain Consortium Agentic expands into Europe opening its office in Paris, France. CoinTelegraph asked Rik Willard, Founder and Managing Director of Agentic Group, why the Consortium has favored Paris, what is the climate in the Blockchain ecosystem in the country, and what are the primary goals for the new office. Supporting ideas, businesses, and innovation. The Agentic Group was established in 2015 and is a membership-driven consortium with 36 Blockchain and digital currency related....

FTX expands to Europe with CySEC approval

Headquartered in Switzerland, FTX Europe will offer FTX products in Europe, including crypto derivatives services. The global crypto derivatives and spot trading exchange FTX is expanding to Europe after receiving approval from the Cyprus Securities and Exchange Commission (CySEC).The new venture called FTX Europe would offer leading products of the company to the European clients via a licensed investment firm across the European economic area. The new European venture is headquartered in Switzerland along with a regional headquarters in Cyprus.Cyprus is seen as one of the reputed....

Bitcoin Brokerage Anycoin Direct Expands to an Additional 14 European Countries

Dutch bitcoin and altcoin brokerage Anycoin Direct expands its instant buying and selling service to an additional fourteen – predominantly Eastern European – countries. The move is the result of a new partnership by Anycoin Direct with the European payment institution TrustPay. Prior to the TrustPay partnership, Anycoin Direct did already buy and sell bitcoins in Eastern Europe using the European payment-integration initiative SEPA. With SEPA, however, the purchase of cryptocurrency is not instant, meaning that many of Anycoin Direct’s customers had to wait a day until the bitcoins or....