RE: Bitcoin ATMs ?
Anyone here use Bitcoin ATMs ? I saw this on Bitcoinist this morning :
BITCOIN ATMS IGNORE MARKET DOWNTURN, RAPIDLY SPREAD THROUGHOUT US CITIES
Bitcoin ATMs continue to spread across the United States at a rapid clip.
Chicago is the latest city to see an increase in ATMs supporting both the cryptocurrency market leader and various popular altcoins — thanks to an Atlanta-based company called Lux Vending, which has dropped 30 ‘Bitcoin Depot’ ATMs throughout the Chicago already this year.
The addition to Lux’s machines reportedly brings Chicago’s total Bitcoin ATM count up to nearly 100.
The fifth-most-populous North American city is already a hotspot on the Bitcoin radar, with major exchanges CME Group and Cboe Global Markets already offering non-physically-settled bitcoin futures contracts. San Francisco-based exchange giant Coinbase recently set up an office in Chicago, and various cryptocurrency-oriented startups currently call the Windy City home.
A Major Philippine Bank Just Launched Crypto ATMs and it May Fuel Massive Bitcoin Adoption
” According to local publications, Union Bank of the Philippines, one of the largest commercial banks in the Philippines, has launched the country’s first crypto ATM.
The bank said in an official statement obtained by Philstar that the purpose of the ATM is to provide local users an easy way to convert cryptocurrency to fiat and vice versa.
The crypto ATM developed and distributed by UnionBank is a two-way machine, allowing users to purchase and sell cryptocurrencies. ”