NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: CryptoQuant Issues Stark Forecast — Bitcoin May Fall As Low As $10,000 This Year
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: CryptoQuant Issues Stark Forecast — Bitcoin May Fall As Low As $10,000 This Year

Amsterdam Gets it Own Bitcoin ATM

newsbtc
newsbtc
Last Updated: October 7, 2020 11:38 am
2 mins read

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Lovely Amsterdam. Home to a lot of wonderful things, and that list now includes a bitcoin ATM.

It’s being claimed as the city’s first bitcoin ATM, be we can’t independently verify that fact, so we’ll just go ahead and say it’s one of the first.

Located at the coffee/tea shop Courtyard of Wise (just three minutes of a walk to the ‘Amsterdam Centraal’ railway station), the machine is manufactured by BTC-O-MATIC, a start-up firm we haven’t previously heard of.

BTC-O-MATIC Stock

The kiosks come in four different models, costing operators anywhere from $4,000 to $7,500 per unit. Those models: Flyex ($4,500), DualFly ($5,000), FlyMaster ($7,500), and MiniFly ($4,000).

These ‘DualFly’ one-way ATMs (which make them more of vending machines, except for the FlyMaster, which does two-way operations) have become increasingly popular in the bitcoin community, particularly with the advent of KYC/AML (know-your-customer/anti-money laundering) measures that some manufacturers have begun to adopt (see Robocoin).

These measures can make the process of acquiring/selling bitcoin cumbersome, as evidenced in this video.

The device enters service (officially) on Wednesday, April 30th during the Dutch Ethereum & Bitcoin Meetup.

Courtyard Wise ATM Loc

The machine is also arriving just in time for the Bitcoin Conference 2014, though it remains unclear as to whether or not the ATM will stay at its current location during the conference.

Here’s a video demo of the device, if you were curious:

[ot-video type=”youtube” url=”https://www.youtube.com/watch?v=yEdyrIOPMbk”]

[textmarker color=”C24000″]Source[/textmarker] Coincourant

Tweet123Share196ShareSend
newsbtc
newsbtc

newsbtc

Comments 5

  1. AmsterdamTrips.com says:
    12 years ago

    Awesome. Good to see Amsterdam on the forefront of Bitcoin adoption. Can’t wait to try out the ATM next visit to Amsterdam!

    Reply
  2. hoppietoppie says:
    12 years ago

    It is not the first, see bitcoinboulevard.nl in “Den Haag”. They have also a vending machine.

    Reply
  3. Kmeleon says:
    12 years ago

    Hey guys want to be part of the opportunity ? Contact me right now ! 🙂 amann.thomas32@yahoo.fr

    Reply
  4. hanzhell says:
    12 years ago

    http://coingeneration.com/auth/new/500040/

    Reply
  5. Coin Machine says:
    12 years ago

    Actually the first one we setup in Slovenia 🙂 Amsterdam was second location online.

    http://www.coinmachine.si
    https://www.facebook.com/coinmachine.si
    https://twitter.com/CoinmachineSi

    If anyone would like to purchase a machine coinmachine.eu@gmail.com

    Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Comments 5

  1. AmsterdamTrips.com says:
    12 years ago

    Awesome. Good to see Amsterdam on the forefront of Bitcoin adoption. Can’t wait to try out the ATM next visit to Amsterdam!

    Reply
  2. hoppietoppie says:
    12 years ago

    It is not the first, see bitcoinboulevard.nl in “Den Haag”. They have also a vending machine.

    Reply
  3. Kmeleon says:
    12 years ago

    Hey guys want to be part of the opportunity ? Contact me right now ! 🙂 amann.thomas32@yahoo.fr

    Reply
  4. hanzhell says:
    12 years ago

    http://coingeneration.com/auth/new/500040/

    Reply
  5. Coin Machine says:
    12 years ago

    Actually the first one we setup in Slovenia 🙂 Amsterdam was second location online.

    http://www.coinmachine.si
    https://www.facebook.com/coinmachine.si
    https://twitter.com/CoinmachineSi

    If anyone would like to purchase a machine coinmachine.eu@gmail.com

    Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Crypto

Crypto Tokenization Boom Or Time Bomb? Four Hidden Risks Wall Street Is Ignoring

A new report claims crypto tokenization is a structural overhaul of market plumbing, not just an efficiency tweak. Crypto Tokenization:...

James Halver 11 hours ago
Bitcoin

Analyst Who Called Bitcoin Price Crash Above $100,000 Predicts Crash To $29,000

The Bitcoin price has surged back above $69,000 after experiencing a major decline last week. While the price appears to...

Sandra White 15 hours ago

Analyst Says Bitcoin Hasn’t Seen A True Bottoming Formation Yet, What This Means For Price

Crypto analyst LP has declared that Bitcoin hasn’t seen a true bottoming formation yet, despite the price looking to form...

Scott Matherson 17 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Litecoin

Litecoin Eyes Breakout: Ending Diagonal Hints At New Highs Ahead

Godspower Owie 1 hour ago
Bitcoin

Bitcoin Sits 45% Below Its Peak As Short Sellers Absorb $276M In Losses

Christian Encila 2 hours ago
Ethereum Trading on Binance Has Gone Quiet. Discover What Happens When That Changes

Ethereum Trading on Binance Has Gone Quiet, Discover What Happens When That Changes

Sebastian Villafuerte 9 hours ago

Premium Sponsors

Press Releases

  • CreditBlockchain

    CreditBlockchain cloud mining helps users earn up to 0.078...

    2 months ago
  • モネロが686ドルで史上最高値を更新、時価総額トップ11入り──1月に注目のアルトコインは?

    ...

    3 months ago
  • ChatGPTが分析:2026年の仮想通貨 1000倍候補はどれか

    ChatGPTが分析:2026年の仮想通貨...

    3 months ago
  • 新しい仮想通貨:2026年に注目すべき3銘柄、次に急騰するコインはどれか

    ...

    3 months ago
  • ドージコイン 今後:ミームコイン市場に投機売買が再び戻る

    ドージコイン...

    3 months ago

Newsletter

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.