FIRST DEDICATED BITCOIN BANK OPENS

in bitcoin •  2 years ago

Waoo today I came across this and i was marvled at the way cryptoworld is moving. A dedicated bitcoin bank, possibly the world’s first, has opened on Mariahilfer Strasse in downtown Vienna, Austria. According to The Local, an English-language Austrian news site. The bank is owned by a Berlin-based blockchain startup, Bit Trust Services, and it is named Bitcoin-Bank. 

The bank is designed to make buying and selling bitcoin easier and safer than other in-person options.The bank’s ATM machines exchange bitcoin for euro, and vice versa. The bank also provides information about the virtual currency.

Magdalena Isbrandt, managing director of Bit Trust, told state broadcaster ORF that digital currency transactions are faster than other transactions and can be done without a middleman.

You can read more HERE

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