BitcoinPoint, Cashzone Allow Users to Sell Bitcoin Using 16K ATMs Across UK
London-based cryptocurrency company BitcoinPoint announced Thursday bitcoin holders can now cash out bitcoin from 16,000 Cashzone automated teller machines (ATMs) situated across the entire U.K.
Dec 24, 2020 at 1:36 p.m. UTCUpdated Aug 19, 2021 at 6:19 a.m. UTC
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindeskuat/NERNICH7ENG7TKTGCCUTVBAT5U.jpg)
Bitcoin holders will now be able to sell their bitcoin from 16,000 Cashzone automated teller machines (ATMs) across the U.K. under an agreement reached with London-based cryptocurrency company BitcoinPoint.
- Under terms of the agreement, after registering, Cashzone users will be able to enter an amount to be withdrawn on the BitcoinPoint website and scan a QR code. Users would then get an SMS message with a pin code to be entered at a Coinzone ATM.
- BitcoinPoint CEO Benoit Marzouk said there is a demand for the ATMs as registering on a cryptocurrency exchange can be complex for non-tech savvy people, adding that the scarce availability of bitcoin ATMs made the accessibility of bitcoin problematic.
STORY CONTINUES BELOW
13:18
Bitcoin Mining in the U.S. Will Become 'a Lot More Decentralized': Core Scientific CEO
05:10
Binance to Discontinue Its Nigerian Naira Services After Government Scrutiny
04:07
The first video of the year 2024
40:07
The last regression video of the year 3.67.0
:format(webp)/downloads.coindesk.com/arc/failsafe/user/1x1.png)