“A bitcoin ATM was revealed at a London conference today, allowing users to convert bank notes into the digital currency. To use the ATM, you need to have an existing Bitcoin wallet number. First, it scans a QR code of your Bitcoin address. Then, the user has to feed bank notes into the machine, which are converted at the current exchange rate and deposited into their account. While the deposit takes moments, it can take several minutes for an account to be updated. Bitcoin can be purchased via online exchange sites, but the ATM means you don’t need to use a credit or bank card, helping to keep the transactions anonymous, the company said.”
http://www.pcpro.co.uk/news/382783/bitcoin-atm-launched
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Tip Freedomwat.ch Staff with Bitcoin
Related posts:
Arizona Man Winds Up Jailed, Unemployed and Homeless After Photographing Courthouse
'The Fed Is Trying Like Crazy, But Nothing It's Doing Can Save The Economy'
Blueseed Entrepreneur Cruise Ship Continues Full Steam Ahead with Bitcoin Funding
Hillary Clinton Starts to Cash in Big Time
Marc Faber: Massive Financial Crisis May Be Coming
Xapo Raises $20 Million To Bury Your Bitcoin Underground
Pot Apocalypse Looms, Marijuana Foes Warn
Secret Service Turns Up the Heat On Circulating Liberty Dollar Coins
Former Visa Exec Joins BitPay as Chief Compliance Officer
Joseph Mercola: Why Medicine Won’t Allow Cancer to Be Cured
Junior Mining Stocks to Beat Previous Highs
Bitcoin Still A Bit Player For Hedge Funds
Western Union Says Bitcoin Not Ready For Primetime
8 arrested in Huntington Beach as surfing crowd trashes porta-potties after event
India to settle oil trade dues with Iran in rupees