Sending Money Abroad? Consider Using a Bitcoin ATM

by Enrique Salazar | Jan 26, 2019 | Bitcoin ATM

According to the World Bank remittances hit $613 billion in 2017 and this amount is expected to continue to increase. The costs associated with sending money using traditional method have caused migrant workers and expats to turn to cryptocurrencies to send money...

Buy the Perfect Gift Using a Bitcoin ATM

by Enrique Salazar | Jan 20, 2019 | Bitcoin ATM

In a twitter poll by Bank of England the majority of voters picked crypto as the preferred method to receive a monetary gift; also, investment bank and asset management firm Piper Jaffray reported on their “Holiday 2018” consumer report that teens rather receive...

Altcoin Support

by ChainBytes LLC | Jan 4, 2019 | Bitcoin ATM

Altcoin Support ChainBytes ATMs now support altcoins BTC, ETH, LTC, PIVX and Dash. Operators can add more coins. Coin developers and altcoin support teams can now request a listing of new coins.  ATM Operators can request additional coin support by submitting a...

3 Reasons Why ATM Operators Should Include Bitcoin ATMs to Their Business

by Enrique Salazar | Dec 15, 2018 | Bitcoin ATM

‘Automated Teller Machines’ have been around for over half a century. They allow users to complete transactions automatically without the need of a bank clerk. ATMs provide easy access to cash, account reports, some allow users to transfer funds between...

Watch: The First Bitcoin ATM Transaction Using the Belarusian Ruble

by Enrique Salazar | Dec 13, 2018 | Bitcoin ATM

After the Hi-Tech Park Belarus announced “Complete Legal Regulations” for cryptocurrencies, ChainBytes installed the first Bitcoin ATM in Belarus. The kiosk is located in the City of Minsk. The Republic of Belarus is located in Eastern Europe. Minsk, its...

How to use a Bitcoin ATM

by Enrique Salazar | Dec 8, 2018 | Bitcoin ATM

Bitcoin ATMs Bitcoin, the most popular cryptocurrency in the world, has become a widely accepted payment method. Even though, it has faced some setbacks it continues in the limelight. Moreover, various businesses ranging from small convenience stores to multinational...