Greece Gets Its First 2-Way Bitcoin ATM

Greece Gets Its First 2-Way Bitcoin ATM

Four-month old Bitcoin startup Bitchain has installed the first 2-way Bitcoin ATM in Athens, Greece. The ATM has been installed at a Greek co-working space TheCube in the light of the recent liquidity crisis. The ATM will facilitate Bitcoin to Euro and vice-versa conversions in order to help the citizens of the cash-strapped nation. The ATM has a daily withdrawal limit of €1,000, which exceeds the daily ATM withdrawal limit of €60 in Greece by €940. Bitchain employee Adrian Verde said, "The banks are withholding the people's own money and a bitcoin ATM could help in such a situation."....


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