Bitcoin can be purchased at a Hyosung ATM

Bitcoin can be purchased at a Hyosung ATM

Korean multi-billion dollar ATM conglomerate Hyosung has announced that it will now be possible to buy Bitcoin at its ATMs. This project was brought to life with the support and cooperation of Just Cash.

Just Cash, a Missouri-based mobile app development firm, will now allow Hyosung customers access to purchase Bitcoin through ATMs.

Although an official announcement has not yet been made, the ATM update is now available.

Hyosung describes it as "a great way to introduce Bitcoin to consumers, a great way to introduce them to cryptocurrency." When purchasing Bitcoin through an ATM, the customer will receive a paper receipt with the public and private keys printed. Funds become available after scanning the QR code printed on the receipt.

In the future, Just Cash plans to add the sale of Bitcoin, as well as support for other cryptocurrencies, most notably Ethereum.

This year, ATMs offering the purchase of Bitcoin have quickly gained popularity, with a center in the United States, where there are already several operators vying for primacy in this market.




According to https://cointelegraph.com

You May Also Like

2252022-01-21

Crypto market capitalization fell by $200 billion

The crypto market collapsed sharply on Thursday evening, losing a total of more than $200 billion in capitalization.

Bitcoin
2572021-12-31

What happened to Bitcoin mining in 2021?

Miners who mine Bitcoin were able to earn more than $15 billion in 2021. However, judging by the dynamics of the main cryptocurrency this year, this is far from the limit of their income. What happened to mining in 2021 and what awaits it next?

Mining, Bitcoin

Latest articles from Bitcoin category