thenewscrypto.com
It is pretty clear, cryptocurrencies and its related services are booming over recent years. In that case, as a first top cryptocurrency, Bitcoin (BTC) is leading the entire crypto market. Though the digital asset has a popular scope among the users and investors, BTC services are expanding all over the world.
As BTC growth is spiking high, one of the most interesting developments rolling out of this craze is the Bitcoin ATM. The special part of the Bitcoin ATMs are, users can easily experience smooth transactions, like the traditional ones. Moreover, BTC ATMs are crypto friendly, where it allow the users to buy and sell Bitcoin using their cash.
Further, more than 55 Bitcoin ATMs are already existing in Slovakia in major cities. In addition, now the Bitcoin ATM is installed in the International Airport of the country. Thus, the installation of the machine is going to help a lot of travelers, especially international passengers.
Bitcoin ATM at Slovakia International Airport
Earlier, the old version of Bitcoin ATMs did not allow the users to sell BTC. But now, as the developments are based on the latest technologies, the ATMs are enabling the users to do both safely using the cash. And, as the machines are connected directly to the exchanges, people can buy/sell BTC instantly.
More so, as a matter of fact, Slovakia is one of the European countries that do not restrict cryptocurrencies and its services. All the cryptocurrency exchanges have legal license to be potentially beneficial despite the strict crypto regulations.
Besides setting a remarkable record, Slovakia installed Europe’s first Bitcoin ATM in the year 2014. If we look back, the effort taken almost 8 years ago makes the continent’s pioneering ATM dealing in cryptocurrency. From then till present, Slovakia is holding a pride of installing Bitcoin ATMs as it is growing in momentum in Europe.
Furthermore, the Bitcoin ATMs in Slovakia are rapidly rising with huge confidence in Cryptocurrencies as the future one. More so, the entire Slovakians are expecting that BTMs will also have a very bright scope as Bitcoin (BTC) itself.
Hence, it became the major reason for installing Bitcoin ATM machines in all major cities of the country. Therefore, it will not stop; rather, the growth of BTMs will rise in upcoming years with innovative developments.