Bitcoin atm helsinki

bitcoin atm helsinki

Bitcoin ATM operators may choose which cryptocurrencies to enable in the administrative backend, as well as enabling the capability for cash-recycling options. In the LocalBitcoins web Blog the company says it has been testing two ATM's in Helsinki for about four months and they have been functioning well. Bitcoin ATM Location Profile Details: Bitcoin ATM is located at Finland s Largest Shopping Centre Itis in Helsinki. To navigate, press the arrow keys. FOREXTIME PARTNERS

The LocalBitcoins ATM is unique because it presents a new technology that makes it possible for the ATM to work without internet connection, while the exchanging happens on the LocalBitcoins website. This makes the ATM very robust. The ATM has note recycler, which also increases maintainability and makes the process robust. The customers who withdraw can get the same notes that other customers deposit.

This makes the operators work easier. The operators has to take care that he has enough Bitcoins to sell, empty the cash box when full, and take care that there are notes in the ATM for customers to withdraw. Local Bitcoin says the ATM is upgradeable, and that it has a team assigned to be constantly working on improving the features of the ATM. Buying and selling rates can be easily changed via admin interface, as well as otherwise the ATM can be easily monitored via web interface.

Also historical rates per ATM are viewable via charts. Now LocalBitcoins are looking for businesses interested in setting up their ATM at their stores or even to try different scenarios. Play Now! LocalBitcoins believes it has simple, fast and reliable product that end users will surely like. Railway tracks According to Finnish exchange Bittiraha , who run the back-end systems, the machine has been installed in a record store at the Helsinki Railway Station.

The railway station is one of the busiest spots in the city: an estimated , people walk through the lobby every day. The record store, Levykauppa Ax , has a habit of experimenting with new marketing techniques. Some might argue that the decision to install a bitcoin ATM is just another publicity stunt.

Levykauppa Ax commercial director Jyri Lipponen said: "Actually, we aren't sure about anything when it comes to bitcoin, but we most definitely want to participate in anything which could shake up the traditional foundations of society.

The ATM will allow customers to make purchases in bitcoin and to buy bitcoins for cash in the store.

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