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

32018-08-06

Bitcoin Cash is the subject of a lawsuit in China for the first time

A Chinese investor has filed a lawsuit against the Okcoin cryptocurrency exchange in the amount of 38,748 BCH. The plaintiff accuses the exchange of failing to withdraw funds promised by the exchange after the BCH fork was created last year, to which the exchange responded that the client allegedly did not request the funds on time.

Bitcoin
22018-07-27

SEC rejects Winklevoss' petition, BTC/USD trades below $7,900

The Securities and Exchange Commission (SEC) rejected an application for a Bitcoin exchange-traded fund filed by Cameron and Tyler Winklevoss

Stock, Bitcoin

Latest articles from Bitcoin category

Fresh video on our Channel