Bitcoin atm athens

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The company seeks to collaborate with Greek bitcoiners to promote digital currency in the midst of the crisis. A Barcelona-based company, Bitchain. According to the map on the website, Bitchain has already installed 9 bitcoin ATMs in cities across Spain. The ATM will buy and sell bitcoins in exchange for euros. However, this ATM only allows users to buy digital bitcoin atm athens and does not have an option to buy bitcoins for euros which may be more desirable in the current situation in Greece. Bitchain machine will be the first two-way bitcoin ATM in Athens.

How to use a Bitcoin ATM

The first 2-way bitcoin ATM was inaugurated in downtown Athens on Saturday at The Cube , a coworking space that houses several innovative startups. The 2-way bitcoin to euro and vice versa ATM machine was installed by Spanish startup company Bitchain. In fact, as he was speaking, a young man was able to withdraw euros from his bitcoin wallet, which is double the amount Greeks are allowed to withdraw from banks on a daily basis. The crypto currency might be helpful especially to the young entrepreneurs who cannot fulfill payments abroad because of the recent limitations. The bitcoin is a completely digital currency. It is not available in any physical form of coins or banknotes.

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— Penny Crypto Club (@PennyCryptoClub) October 13, 2019

Withdrawing Cash from Bitcoin ATM — How Bitcoin ATM Works

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