Finally, Bitcoin has launched the first bitcoin ATM (Automated Teller Machine) in Africa, here you will learn how to use or access it successfully at your own convenient time without calling someone for help. Learn more beneath;
Are you using Bitcoin? If not you are making mistake, have one now.
Bitcoin is waxing and trending in all nooks and crannies. Blockstale has launched the first bitcoin ATM (Automated Teller Machine) in Africa. Learn how to use it and how it works.
WHAT IS BITCOIN?
Some got confused whenever you mentioned BITCOIN, at the end of this article you will get more knowledge about what Bitcoin is all about.
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.
While Blockstale is a principal developer and distributor of intuitive blockchain software and standard hardware component in Africa; its 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.
How to use and access Bitcoin ATM in Africa
These are broadly the types of Bitcoin ATMs available in the market:
Genesis1 Bitcoin ATM
Satoshi1 Bitcoin ATM
Satoshi2 Bitcoin ATM
Lamassu Bitcoin ATM
Lamassu with Santo Tirso
BATM2 Bitcoin ATM
BATM3 Bitcoin ATM
BitAccess Bitcoin ATM
BitXatm Bitcoin machine
Skyhook bitcoin machine
Some ATMs require you to scan your ID documents and may also ask for your phone number for KYC purposes. But this generally happens when you are purchasing a large number of Bitcoins.
Are you interested finding a Bitcoin ATM; you can go to the main website that features a live map of ATMs.
To learn how to use and access Bitcoin ATM in Nigeria, follow this step HERE
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