150 Bitcoin ATMs to be added in Ukraine

in #bitcoin7 years ago

Over the coming months 150 Bitcoin ATMs will be installed in the Ukraine.

Of those 150, roughly 30 ATMs are set to be installed by the end of the summer on the streets of Kiev. Which is the capital city of Ukraine.

That 150 number by the end of the year is quite ambitious. It works out to almost 1 new ATM created every single day from here on out.  

Michael Chobanian, founder of the Kuna Cryptocurrency Exchange had this to say:

"By the end of the year, around 150 Bitcoin ATMs will be installed throughout Ukraine. This is at the request of one customer who contacted us. Plus, there is a constant demand from entrepreneurs across Ukraine who want to engage in this business, that is, buy terminals and sell cryptocurrencies."

Did you catch that part in the middle, "the request of one customer"?!

One customer?! Really?

That must be one pretty influential individual!

Currently there is only one BTM (Bitcoin ATM) in Ukraine according to Coinatmradar. Coinatmradar is a website that tracks BTMs globally. 

This lone BTM is the first one in the country and is located in Odessa, a port city in Southern Ukraine. It was installed in late April of this year.

There are other places to "buy" bitcoin from machines in Ukraine, however.

The reason "buy" is in quotation marks is because you can't actually buy the coin, instead you buy a voucher for the coin.

Currently, there are about 4,000 terminals that sell bitcoin vouchers that customers can then redeem for bitcoins on the BTCU website.

The BTMs to be installed later this year look to cut out the middle man and let customers interact directly with Bitcoin. 

These new BTMs will support Bitcoin, Ether, Waves, and Golos.

Did you hear that Steemians? 

Golos will also be accepted at these BTMs in Ukraine!

The reason that it is interesting to Steemians is because a while back Golos were created as the Russian version of Steemit.com. In fact, Steem holders were credited with a certain number of Golos at the time of the drop.

The site can be accessed here:

https://golos.io/

Perhaps these BTMs can help drive some demand for the currency?!

The beauty of Ukraine...

Michael Chobanian went on to further explain that anyone can get into this Bitcoin ATM business. 

Specifically he had this to say:

"There is no need to obtain any licenses for this activity. No one gets licenses for coffee machine businesses. This is the beauty of Ukraine."

No licenses? No endless run around from bureaucracy?

Must be nice...

The beauty of Ukraine indeed!

Sources:

https://news.bitcoin.com/150-bitcoin-atms-ukraine/

Image Sources:

http://bitnewsbot.com/kuna-bitcoin-agency-will-bring-an-additional-150-bitcoin-atms-to-ukraine/

https://coinatmradar.com/bitcoin_atm/233/bitcoin-atm-lamassu-kiev-bitcoin-embassy-ukraine/

http://www.mytripolog.com/2012/07/most-beautiful-ukraine-pictures/

Follow me: @jrcornel

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mass adoption for bitcoin, please!

Thanks for sharing

This is great, now the everyday smoe in UK can finally buy some Bitcoin, in turn driving up that value and price for us early investors. The great thing about Bitcoin is that limited quantity and that ever growing demand. I hope we see more Bitcoin ATMs pop up in America.


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Anyways you look at other ico with 5 or 6 page white paper they have no real business plan and they raise 200mil. Plexcoin is looking to take over the financial world, why pay a monthlyfee for bankmaccount and fees to covert currency and fee for that, the banks r robbing ppl of milllions. If people switch to plex they will save hundreds of dollars everyear in fees they would of paid to banks.. plexwallet can become a standard currency wallet and plexcard transaction will bring 2% coins back to market...this is bigger than we can all grasp...when something like this can be an enemy to central banks and anonimity is essential cause they can bribe or blackmail the members of this company to stop what they are doing..this is why the SEC and other countries are slowly starting to regulate coins cause they see them as a threat.. The most awaited White paper has published https://www.plexcoin.com/?ref=XIhqoRGIJ4

Exceptional, 150 bitcoin ATM, great results.
I also hope that news will come in Indonesia as well, because I also want to try or see the real Bitcoin.
This information is good news for the upcoming month, thanks @jrcornel I am always proud of you, as you always provide useful information to the community of SteeMit.

Haha well thank you! Yes this is very good news indeed. :)

Haha :D How do you think, will Bitcoin come also in Indonesia? :)

There's quite a few Bitcoin atms here in Vancouver. I've never used one, might have to try it out. Good to see btms popping up around the world.

We have 4 bitcoin ATMs here in Houston, Texas U.S.A. It's really having a big influence

That's fantastic. You should take a picture of them some time and do a post about it... I'd vote it :)

Wow! I hope someday we will have our own BTC atms here in the Philippines. My countrymen need to be exposed to the exciting world of cryptocurrency.. :)

Lets make it happen. It only took one customer demanding them in Ukraine :)

The issue is that BTC/crypto is not that yet embraced here in our country. A lot of skeptics, but most of all, a lot are uneducated about crypto.
That's why i'm trying to learn about it, little by little, slowly but surely. To spread the crypto word! ;)

Tell me about it! - So hard to convice my Filipino Mum about this :')

Unbank the masses and "bank" the unbanked. BTC!

Yes! What a great statement that is, I may use that some time. :)

Please do. We are all in this together.

Great news for crypto community. hope someone setup in India soon

The journey beginns... ^^

BTC will be big , while some will believe it and others won't