Poland Welcomes Its First Two-Way Bitcoin ATM

Published at: Feb. 25, 2015

Bitcoinomat.pl, a project aiming to create the largest Bitcoin ATM network in Poland and abroad, announces it had successfully set up the first two-way Bitcoin ATM in Poland located in the city center of Warsaw.

Only three months after the opening of the first Bitcoin ATM in Poland at Bobby Burger, Bitcoinomat.pl, a collective of cryptocurrency enthusiasts, strikes back and announces its latest project, a two-way BitXATM device that allows users to buy and sell Bitcoins anonymously in less than one minute.

The two-way Bitcoin ATM is located at Five Restaurant, Grzybowska 5 street, Warsaw: 

first two-way #bitcoinatm #BTM in Poland setup at t.co/gv0IJ23QtQ with t.co/55bMAIUsmW and @bitxatm pic.twitter.com/uh8vYmxIOY

— Bitcoinomat ATM (@bitcoinomat) February 18, 2015

The owner of Bitcoinomat.pl, Andrzej Głowicki, stated:

"Bitcoin is the digital currency of the future. At the moment, around the world, more and more companies accept payments [in Bitcoin]. [...] Poland also follows this trend, and the mission of Bitcoinomat is [to set up] machines to facilitate the acquisition of the currency.

With [Bitcoinomat], you do not have [to register] in an exchange, give [your personal] data, wait for the transfer [to process]. Purchases and sales [using] our machines are immediate - you only [need] a Bitcoin wallet, cash and to be an adult."

The Bitcoin ATM is available everyday from 11am to midnight, and was installed with the help of Midgar. Bitcoinomat.pl charges 5% commission.

 

Bitcoinomat.pl aims to educate the Polish people on Bitcoin and promote its use throughout the country. The collective is looking to put Bitcoin ATMs at the "best possible locations in Poland", and also provides assistance to businesses wishing to implement Bitcoin payment solutions, as well as corporate training sessions on various Bitcoin-related topics. 

Did you enjoy this article? You may also be interested in reading these ones:

Samsung to Acquire LoopPay to Compete With Apple Pay Two Bitcoin ATMs Stolen in Amsterdam Robocoin Relaunches to Become ‘Android of ATMs’
Tags
Related Posts
Polish crypto exchange employee in induced coma after armed attack
Polish police have detained a suspect in an armed attack on FlyingAtom, a cryptocurrency and gold exchange in the city of Olsztyn in northeastern Poland. The incident, which occurred around 7 p.m. local time on Jan. 22, resulted in the injuries of two employees — one of whose situation was severe enough to necessitate an induced coma. According to local media reports from Jan. 23, the masked attacker escaped with gold worth 450,000 zloty (roughly $120,000), fleeing the exchange's office on the fourth floor of a skyscraper in the city center. Following the incident, police secured the area and scoured …
Bitcoin / Feb. 3, 2021
Polish Crypto Exchange BitMarket Shuts Down Citing Liquidity Loss
Polish cryptocurrency exchange BitMarket announced its shutdown on its official website on July 8. When trying to access the exchange through its website, users are instead greeted with the following text message in both English and Polish: “Dear Users, We regret to inform you that due to the loss of liquidity, since 08/07/2019, Bitmarket.pl/net was forced to cease its operations. We will inform you about further steps.” Leading cryptocurrency analytics website CoinMarketCap shows that the trading platform volume was relatively low — $850,080 in the past 24 hours. Still, it is unclear how trading is continuing while the exchange is …
Bitcoin / July 9, 2019
Hodler’s Digest, June 3–9: Top Stories, Price Movements, Quotes and FUD of the Week
Coming every Sunday, the Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions, and much more — a week on Cointelegraph in one link. Top Stories This Week Mt. Gox’s Karpeles: “Press Rumors About My Blockchain Plans Are False” Mark Karpeles, the former CEO of long-defunct Japanese cryptocurrency exchange Mt. Gox, denied press claims this week that he is returning to blockchain. Karpeles said that his activities with Tristan Technologies will not involve the cryptocurrency sector, as previously reported, and that the …
Bitcoin / June 9, 2019
Hacker Attack Halts the Work of Poland’s Exchange
March 14, a sad day for users of the Bitcurex, when hackers made an attempt to break the service and steal digital coins. Action and Reaction The attack was made early in the Friday’s morning (hackers have nothing sacred), as can be judged by the first message that arrived on the service’s Facebook page"> at 09:37, local time. The post did not inform users about the hack, blaming the error, most likely to prevent users from panicking and writing annoying posts that usually only distract people from actually fixing the problem. This first step in the damage control allowed to …
Bitcoin / March 18, 2014
GKS Katowice soccer club accepting Bitcoin
A professional soccer club from the south of Poland has become the first to accept Bitcoin. This means fans can now pay for merchandise and tickets to matches with the digital currency. BitcoinWarrior quotes GKS Katowice coach Wojciech Cygan as saying, “We want to be innovative and to show our fans that we have great ambitions to be one of the best football clubs around.” Cygan also noted that Bitcoin allows fans to deal direct with the club, buying tickets in a straight wallet-to-wallet transaction. Team press officer Marcin Cwikta backed up that statement. “This is another example of GieKSa …
Adoption / Feb. 27, 2014