BitcoinATM plans to offer bitcoins on the spot
Bitcoins aren't easy to buy; especially if you don't have an existing bitcoin account. BitcoinATM hopes to change that with its new bitcoin cash machine. The first machine was unveiled on Thursday in San Diego, with BitcoinATM founder and CEO Evan Rose promising that the ATMs will help spearhead widespread adoption of bitcoin. "Bitcoin is inherently technical, it's somewhat difficult to buy, it's very difficult to exchange bitcoins for hard currency," Rose said in a presentation to reporters. "The solution we've come up with, in the very familiar ATM platform, accomplishes all three of....
Related News
BitcoinATM360, a global seller of Bitcoin ATMs, is now in partnerships with Coinsetter, a premier U.S. based bitcoin exchange is now in works of an intergrated partnership providing Bitcoin ATM operators prioritized access to Coinsetters exchange during time of purchase through BitcoinATM360s website. Originally I was looking at starting a network of BitcoinATMs throughout the southwest USA and in strategic locations within Mexico to power remittances. While talking with various BitcoinATM manufacturers, and through our independent research, we found that there were very limited options....
UK residents will soon be able to walk into one of 28,000 shops across the nation and pay for bitcoins in cash, thanks to a new deal forged by ZipZap. The global cash payment network has partnered with a well-known but as-yet-un-named company in the UK. ZipZap plans to offer this service in partnership with its network of bitcoin exchanges worldwide. This means that, from January, people will be able to buy bitcoins from a number of reputable exchanges through a single source, and pay in their neighbourhood with physical cash. ZipZap is currently available at 700,000 locations worldwide:....
The BTM can verify who buys the bitcoins but not much after that. You'd think the United States would be home to one of the first Bitcoin ATMs in the world, but things just haven't turned out that way. America is supposed to be a bastion of freedom throughout the world, but that's not actually how things work when it comes to setting up an ATM. The financial services industry in the United States is one of the most regulated markets in the world, and these regulations make it very expensive just to do something as simple as selling bitcoins to people who want to buy them. In the case of a....
Dutch Bitcoin exhange leveraged trading this week, making it the first European exchange to offer this trading option. Leveraged trading, which is offered on CleverCoin as “Boost spot contracts”, enables traders to gain on the Bitcoin price going up or down with a multiplier. It essentially allows users to buy or sell more bitcoins than what they can afford with the funds in their wallet. CleverCoin's Boost spot contracts are currently limited to a 10x leverage, meaning traders can buy or sell ten times the amount they hold, which allows them to increase their profit margins tenfold.....
The firm leveraged its small footprint to fast-track its way into offering spot instead of futures trading of bitcoin and cryptocurrency.