Spanish Startup Bit2Me 'converts' 10,000 ATMs to Bitcoin
Following the tour de force made by an Ukranian startup that converted thousands of regular ATM into Bitcoin ATMs, a Spanish startup used the same procedure to convert 10,000 ATM across Spain. Smart-Thinking. One wise entrepreneur once said: "Why should we reinvent the wheel?" This consideration is fully integrated in Bit2Me's culture, so that they didn't spend a lot of money to build Bitcoin ATMs from scratch. Instead, Bit2Me exploited for Hal-Cash ATMs, which are revolutionary in themselves. Indeed, this original service enables you to send money to someone else's mobile phone, which can....
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A group of investors has launched a funding initiative on Indiegogo to establish an international ATM network that will support bitcoin, local e-currencies and the network's own cryptocurrency called DOLLAR. The investors hope to create a decentralized electronic currency similar to bitcoin with low or no fees and faster transactions. The current fundraising campaign goal is $100,000 with 20 days to go as of Feb. 12, 2015. The campaign was well short of this goal at this writing. In the short term, DOLLAR will install 20 ATMs (aka BTM). A longer-term goal is to have 5,500 ATMs worldwide by....
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existing ATM infrastructure using Hal-Cash, a bank service that allows users to send money to any mobile phone to be withdrawn from an ATM.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....
Bit2me, a Spanish cryptocurrency exchange, is looking to absorb customers of 2gether, another Spanish exchange, after the company blocked access to its trading platform. Bit2me will pay the €20 fee that 2gether imposed on its customers to continue trading on its platform. The customers will be able to keep trading on Bit2me’s platform, having their assets transferred there.
Bit2me to Absorb 2gether Customers
Bit2me, a Spanish cryptocurrency exchange, announced its intention of absorbing customers whose accounts were blocked by 2gether, another Spanish cryptocurrency....