100 Crypto ATMs Coming to Moscow

in #cryptocurrency9 years ago

Last week , Rambler News reported that approximately 100 one-way cryptocurrency ATMs will be coming to Moscow between this month and the year’s end . They will be installed by Investcoin 24 throughout the city center such as in hotels, according to the company’s co-owner, Pavel Panova. In addition, he added that negotiations are currently underway with airport owners for some units to be installed in their departure and arrival areas

The machines can be programmed to sell four cryptocurrencies, Panova explained, adding that they can also sell Initial Coin Offering (ICO) tokens. Initially, the commission will be 4%, he told Innov publication.

Last month , Investcoin24 installed a one-way bitcoin ATM at the Moscow restaurant Vintage77 according to an Instagram post by the founder of Iventurer Foundation , Alexey Olin.

Another restaurant in Moscow, Valenok , which started accepting bitcoin payments in June also said that they have plans to install a bitcoin ATM if there is demand from customers, according to RIA Novosti

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