Bitcoin ATM launched in Nigeria by Blockstale – Bitcoin is waxing and trending in all nooks and crannies. If you don’t have bitcoin you are making mistake as when Bitcoin will increase to a certain level, you may not be opportune to have it. Today, Blockstale has launched the first bitcoin ATM (Automated Teller Machine) in Nigeria. We earlier told you that bitcoin is a legal tender and soon every market man or woman will accept it as a means of payment.
Blockstale is a principal developer and distributor of intuitive blockchain software and standard hardware component in Africa. Our mission is to distribute, facilitate and enhance bitcoin BTM industry, by providing seamless and creative solutions, taking the industry beyond the usual trading (buy/sell/exchange) by offering creativities and providing additional income streams to its operators and partners.
Bitcoin is a type of digital currency in which a record of transactions is maintained and new units of E-currency are generated by the computational solution of mathematical problems, and which, operates independently of a central bank.
The bitcoin machine can help you buy bitcoin without having a bitcoin wallet, the machine would help you print a barcode which you’ll use to sell bitcoin and get cash at the machine. Isn’t that amazing?!!
Bitcoin ATM (abbreviated as BATM) is a kiosk that allows a person to buy Bitcoin using an automatic teller machine. Some Bitcoin ATMs offer bi-directional functionality enabling both the purchase of Bitcoin as well as the sale of Bitcoin for cash. Bitcoin machines are not exactly the same as traditional ATMs but work in a similar fashion.
Bitcoin ATM kiosks are machines which are connected to the Internet, allowing the insertion of cash or a credit card in exchange for Bitcoin. They look like traditional ATMs, but they do not connect to a bank account and instead connect the customer directly to a Bitcoin exchange for a localized and convenient way to purchase Bitcoin in person. Common locations for Bitcoin ATMs are inside of a retail store, shop, tavern, restaurant, mall or airport.
NYSC Batch C Stream 2 2024 Update | Online Registration Starting Date, Mobilization and Camp…
Nigerian Army (NA) 88RRI Recruitment 2024/2025 Application Form Portal - Do you want to apply…
Chief Security Officer (CSO) at United Nigeria Airlines: How to Apply: United Nigeria Airlines is…
Safety and Quality Manager at United Nigeria Airlines - Apply Here: I am directed to…
NYSC Corps Members Allowance - DG Gives Assurance of Stipend Hike This article is directed…
How To Check If Your FG Loan Application Status Is Verified: As the Federal Government…
View Comments
How do I become bitcoin member? And how do I trade it, and also benefitted from it.
You can invest it in forex trade
Best luck