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Venezuelan Government Launches State Backed Crypto Remittance Platform
After imposing new tax regulations on incoming remittances, the Venezuelan government launched its own remittance platform. However, the only supported currencies, besides the Venezuelan Bolivar (VES), are Bitcoin and Litecoin. Migrant workers abroad can send...
3 Reasons Why ATM Operators Should Include Bitcoin ATMs to Their Business
‘Automated Teller Machines’ have been around for over half a century. They allow users to complete transactions automatically
5 Types of Bitcoin Wallets New Users Should Be Familiar with
What is a Bitcoin Wallet? Technically, bitcoins do not have a physical form or are stored in a single location. There are only transactions which are stored on the blockchain.
Watch: The First Bitcoin ATM Transaction Using the Belarusian Ruble
After the Hi-Tech Park Belarus announced “Complete Legal Regulations” for cryptocurrencies, ChainBytes installed the first Bitcoin ATM in Belarus.
Genesis Block 10th Anniversary
On January 3, 2019 the Bitcoin community celebrated the 10th anniversary of the genesis block. 10 years ago, in the middle of a global financial crisis, the first block of the Bitcoin blockchain was mined. Satoshi Nakamoto included in the blockchain a headline from...
Altcoin Support
Altcoin SupportChainBytes ATMs now support altcoins BTC, ETH, LTC, PIVX and Dash. Operators can add more coins. Coin developers and altcoin support teams can now request a listing of new coins. ATM Operators can request additional coin support by submitting a request...
New Bitcoin ATM in California, at the Grass Valley Chevron McKnight Exit
New Location in California. BTM operated by Bayside Company.
3 Reasons Why ATM Operators Should Include Bitcoin ATMs to Their Business
‘Automated Teller Machines’ have been around for over half a century. They allow users to complete transactions automatically
5 Ways You Can Load Your Bitcoin Wallet
If you’ve signed up for a bitcoin wallet, the next best step is to load it. Although a lot of people now own bitcoin wallets, there are still those who are at loss on how to load their bitcoin wallets while there are also people who only know of just one or two ways....
What is Bitcoin Mining and What Has Changed in the Past Few Years
One of the most common questions about bitcoin is how it’s actually mined. Given its meteoric rise over the years, it’s no wonder why people are extremely curious about origins. So how does bitcoin mining actually work and how has it changed over the past years? In...
Effective and Simple Ways to Secure Your Online Wallet
With the widespread acceptance of bitcoin, it’s no wonder that most retail stores and establishment nowadays accept it as a form of payment. Along with the worldwide adoption of bitcoin came the need for it to be accessible at all times and at any location. This has...
How 24/7 Bitcoin ATMs Added Convenience to People’s Lives
One of the biggest successes of the digital currency industry is bitcoin’s worldwide acceptance as a leading alternative payment system. Both people and business have adopted it and are now using it for all kinds of online and real-world purchases. After having seen...
The Bitcoin Benefit: Why It’s a Convenient Payment Method For Everyone
When you mention cryptocurrency, bitcoin is most likely the first thing that comes to your mind. It’s been no doubt the foremost success story of the industry—rising from just $1 in 2010 and now clocking at $14,753.13 as of January 9, 2018. Now pegged as the world’s...
Why Bitcoin ATMs Give Better Deals Than Exchanges
Ever since the growth of bitcoin, exchanges have sprouted left and right. To date, it’s one of the most popular known ways to buy bitcoin. But what many people don’t know is that there’s a better way to bitcoins that will give you more value. If you’ve known someone...
Advantages of adding Bitcoin ATM to your ATM business
A BTM or a Bitcoin ATM is a machine that allows people to buy or sell Bitcoins with Fiat. The first BTM in the world was installed in a coffee shop in downtown Vancouver, Canada. The United States got its first BTM in 2014 in a cigar bar in New Mexico. BTMs have been...
Steps to start a Bitcoin / Blockchain business
Bitcoin, a product of revolutionary Blockchain technology, was invented by a person or a team under the pseudonym Satoshi Nakamoto. Bitcoin enables peer-to-peer payments without a bank or any central authority to authenticate it. The whole system is governed by code...