In Honduras (one of the countries located in Central America), the first bitomat has appeared. With this, local cryptocurrency enthusiasts can easily buy Bitcoins (BTC) and Ethereum (ETH).
However, there is a catch in all of this because if one wants to use a Honduran ATM, BTC must be verified with an ID card.
La bitcoinera machine in Honduras
Requiring some personal information and scanning an ID card is in line with what the American Association of Bitcoin Operators is aiming for. The first bitomat (La bitcoinera machine) in Honduras was installed by TGU Consulting Group.
Since there is a lot of crime in Honduras, direct trading of cryptocurrencies between strangers involves a lot of risk, and until now, this has been the often chosen method to buy or sell BTC. With the bitomat that has been installed at one of the office buildings, the level of security is expected to increase. Unfortunately, the price in this case will be lack of privacy.
Bitcash machines in Poland
Fortunately there is no shortage of bitcoin ATMs in Poland (full list can be found at flyingatom.com/bankomaty-bitcoin). They can be used by residents of Bielsko-Biala, Gdansk, Gliwice, Katowice, Krakow, Mszana, Nowy Sacz, Poznan, Tarnow, Warsaw, Wroclaw and many others. Before going to a bitcoin cash machine it is worth looking at the website provided and make sure that there is enough cash in the machine.
Advantages of bitcoin cash machines
Using bitcoin ATMs is all about convenience, especially if the bitcoin ATM is located near where you do your shopping. You don’t have to waste time visiting an exchange office, because you can withdraw money right away. This can be done in three simple steps:
- Click Sell Bitcoin, then specify the amount and confirm with the Cash Out button.
- Send the appropriate amount (in BTC) to the address displayed.
- Once the transaction is posted, bitcoin will dispense the agreed amount of cash. If there are delays in processing the transaction (for example due to network load), you can leave a phone number to which an SMS code will be sent allowing you to collect cash at a later date.