Bitcoin and Dash are Now Even Easier to Obtain in Panama.
Yesterday our friend Jorge Farias, CEO of Cryptobuyer shared this article from Bitcoin.com, "Cryptobuyer Installs First Bitcoin ATMs in Latin American Commercial Bank".
"Cryptobuyer has become the world’s first company to install bitcoin ATMs on the premises of a commercial bank, following the launch of two ATMs at Banismo Bank’s headquarters in Panama City. The installed bitcoin ATMs support DASH transactions in addition to Bitcoin."
Banistmo is a bank owned by Banco Colombia and prior to that it was HSBC. Jorge Farias has plans to expand Cryptobuyer ATM's across Central America including Costa Rica, Chile and Brazil.
Last Week at the PanaFinTech Meetup at Banistmo the New Bitcoin ATM's Were on Display and to Use.
Jorge Farias CEO of Cryptobuyer with the ATM's.
Lamassu CTM the Manufacturer Congratulates Cryptobuyer.
Thank you Jorge for doing such a great job here in Panama and for the Latin American community. Visit the Cryptobuyer Website.
Progress.
Cannot wait for the atms to reach Bulgaria too :) I've been waiting to see one... It's really annoying to have to exchange via 3 different vendors all the timr.
Cheers and hopefully btc survives more so we can live a bit better.
Goldie
🍻
Waiting on them in India too. Might take some time until there is some form.of regulation on it. But exciting times no less. BTC will survive :)
you can buy and sell Bitcoin in Bulgaria at many easypay locations. No need for an ATM as every little village has an easypay. :)
Yes that's what I'm using and its incredible.. Very easy
I was in Philly and I walked by a store that had a Bitcoin ATM...I will send the picture!
I love how the Crypto Industry is growing in front of our eyes.
Make a post about it ; )
I'm from Philly. Where exactly did you see it???? That's freaking awesome.
Woah! I would love to have crypto ATMs near me! This is the future! Thanks for sharing. :)
Interesting!, so this atm are just for buying BTC?, how are the fees?... Can you cash out regular money from the atm and get BTC discounted?
I think the fees are 6% or as high as 8%. These machines are only to buy Bitcoin you can't cash out with them. The best bet is to get a Wirex Bitcoin or Uquid Bitcoin Debit card.
Wonderful.. life's gonna easy now..
Great news for sure, first of many I hope. We have only one Bitcoin ATM in all of Ireland at present.
That is great! I hope they have less problems than the ones here in London.. they are out of service often.. Have fun shopping! :)
Great that these ATM's are there.
Wow this is very convenient , hoping to see more of these around the world in the future
I wonder when such machines will be installed in Latvia?
That seems like big news for them. Not sure if many people would actually use them though. It is a start.
Bringing cryptocurrencies and blockchain to general people, such as with atm, steemit, status or whatever will make them grow way faster than what it is today. We're far behind the potential of these technologies in my opinion. What do you think about this ?
OMG, Can I have some in my location
These items atms are such a great idea. It just sad how high the transaction fees are on many of them.
Wow! This is too cool, right? Following you! I enjoy your posts!
YES!!! Now that's called market expansion! Weeeee....
me voy para panama a comprar BTC
cryptocurrency is taking over, we all need to spread this news to everyone, o hail the crypto freaks.
Haha. I'm happy with a more methodical pace. Last thing we need is mania. But I feel the enthusiasm :)
have been considering retiring in panama , one more reason it looks good ty
Make sure you do significant research. Try it out too. Just giving you a heads up.
I charged my phone the other day and noticed coinapult was no longer on the machine. You know what happened with that?
I wanted to ask Gabe the other night but did not get a chance. The next time I see him I will bring it up. By the way we have another meetup at Paitilla Inn tomorrow at 1pm.
👍
I think I can swing 1pm.
I've never been there before. At a restaurant inside?
Hit me up on steemit.chat
Congrats for Panama people, enjoy
I hope to use one of those someday in Africa or the Middle East
Wow awesome news hilarski i'm here in colombia and it's difficult sell btc for fiat. Thanks for share it
How do you typically manage purchase of BTC and back to Fiat in Colombia ?
Excellent news dear friend @hilarski, we wait when they install in Corrientes Argentina.
Have a beautiful day
You mean they didn't stop because the market was down today???
Possibly got more buyers interested since the market was down today.
Nice to here that news
This is so cool! Maybe we should move to Panama too. Just started a company there ;) Let's do some more SE-Asian travel and then come and check it out!
Nice. Good to hear. Whereabouts?
Hmm not sure! Since it is a crypto company our options of countries to start the company were limited, and Panama seemed like the right decision! One of our business partners and accountant started the company hehe! Would love to visit Panama one day, though! Might even take them up on the option of a second citizenship one day!
Ah I see I guess in that sense it was a good decision. Interesting that it is a crypto company, very nice. I like to be involved with anything to do with crypto.
Yes possibly.
You can read more about the project at https://www.peerity.io/ or steemit: https://steemit.com/@peerity-io Though I do my part on keeping the blog up to date and social media, I'm not a techie person so at this point I can't help in any of the building, which is nearly finished! Exciting new things are coming up in crypto and blockchain technology! My husband just went to the Berlin expo and he came back all excited!
I can't wait till ATM's arrive in Canada.
Um, they already do. https://steemit.com/bitcoin/@hilarski/bitcoin-is-cash-with-wings
Really? I have not seen any in Alberta yet. That's good to know though.
According to this map, there are 27 ATM's in Alberta:
https://coinatmradar.com/
Thanks for the information! I appreciate it and Followed my friend.
Oh this is awesome! Let's do every city in the world! Humble beginnings.
How popular is bitcoin in Latin America?
@AnaHilarski was just interviewed by the largest local newspaper La Prensa. It is getting really big. We had a meetup last week and 500 people showed up. https://steemit.com/spanish/@anahilarski/entrevista-en-la-prensa-el-bitcoin-esta-en-panama
It's really cool to see so much progress in Latin America in Crypto!
Cryptobuyer is actually from Venezuela. He is now operating out of Panama. Hopefully soon the ATM's will be there as well.
Ah yes, I just Googled them, of course! That's great, I'm really glad he's going well there.
I hope so, too!
Wow that's great news, @hilarski! Do you know if they have plans to expand to other parts of the world, like Africa, Asia, Europe, and the rest of the Americas?
As the article says they are going to look at Costa Rica, Brazil and Chile for now.
I see. I hope they expand to North America soon :) Thanks for sharing
Onward and upward for the blockchain!
That's def a step in the right direction. Mike Tyson owns some Bitcoin ATM's in Vegas, he knows the future!
Crypto ATM's are awesome, when I was locked out of my primary account and lost my debit card at the same time, I was easily able to cash out enough to survive until the problems were resolved with my local Bitcoin ATM =]
Very cool!
Bitcoin getting more mainstream by the day!
We need BTC ATMs here in the UK but there haven't been much advancements in making crypto more accessible
That's what freedom looks like!
Wow, cryptocurrency is really spreading around the globe, this is great news for the future guys.
Another step forward for cryptocurrency!
very good
That's great to see 🤘😝🤘
Good post...
Great, still doesn't do much for me, I'm in Honduras.
Sorry, sounds like a business opportunity to an entrepreneur.
Let's think about ETC ( Ethereum Classic ) !!!!
https://steemit.com/etc/@sayyedraza/let-s-think-about-etc-ethereum-classic
No, this post was about Bitcoin and Dash CTM's so your comment is spam.
Cool.... we need more this :)
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Disclaimer: I am just a bot trying to be helpful.
That's pretty amazing to see in Panama. Man, that place is just rocketing into the future.
A sign of things to come.