Galicia already has its first Bitcoin ATM.

In Spain specifically in La Coruna, Galicia and the first ATM of this city in Marineda City Shopping Centre, which is the largest the country and 3rd in Europe was installed. He said ATM was installed on Wednesday 27 April by the company Bitcoin ATMs Exchange.

Currently, the company has 17 operating terminals in the country, and five being installed between the cashier of La Coruna and 4 other machines that the company will install in Catalonia, Valencia and Murcia in the coming weeks is.

Nestor Pavon carrier ATMs Bitcoin Exchange said it chose this location by the influx and visibility offered by this CC (due to its large size and recognition in the country), as well as the more flexible working hours, which gives more facilities for the users can approach for their transactions. It should be noted that not all stores accept this cryptocurrency, but it would be a big step for business leaders might lean toward her through the observation and study of it.

Operation is simple: to buy bitcoins will need to enter the euro banknotes, the machine processes and converts virtual currency depending on the exchange rate prevailing at the time, to be paid into the account of the user. This can also opt for reverse operation: empty your electronic purse and withdraw euro cash. However, with a cap of a thousand euros a day, which is the limit set by the Bank of Spain, and with commissions of 6% for the buying of bitcoins and 4% for sales, although these margins will be reviewed a future based on the volume of transactions that record the cashier

Pavon reviewing the cryptocurrency said to La Voz de Galicia that it is "anonymous, you can not foreclose, the intervention of a third party is not required to make a payment or collection both national and international, can be fractionated and it is very difficult to counterfeit because of its complexity and relocation cryptographic "

It is clear that ATMs Bitcoin Exchange seeks to establish itself as installing company of ATMs in the country and in turn, promote the use of Bitcoin in different commercial points of Spain, collaborating with the growth and impact that has had the cryptocurrency with the passage of time and facilitating the availability and acquisition of the means through the public sectors of Spain.