today i red in german newspaper about people in simbabwe all using btc due to ther own currency is about to be worthless..
friend of mine has been there this year and told me they usually use american dollars but the government has gib problems getting them..
Topic: Bitcoin ATM in Taiwan (Read 346 times)
Wow! Indeed a great news for bitcoin users in Taiwan, it is a great step of getting ahead with the current trend. Im sure it will attract more tourists, to consider visiting the place. I also wanted to experience using btc for payment of my goods, here in my country it's not yet existing. So how does it work? Meaning it have direct conversion from btc to Taiwan's currency? Or $?
The trend is real for the possible future of money, Even in my local country Philippines there are a total of 4 bitcoin ATM's right now that is operating for the transaction of buying and selling bitcoins, the locations if i remember correctly are Makati, Quezon City and 2 machines in Taguig City making it 4 total btc ATM machine, my local is a bitcoin friendly country that is recognized by the Philippine Central Bank no wonder why it is growing because when i first learn btc there is just only 1 btc atm machine.
Well this is a good news that Asian countries are continuing to adapt to this currency and I'm expecting that this will happen to the neighboring nations as well as the whole Asia except China of course because we know what's happening there.
Well this is a good news that Asian countries are continuing to adapt to this currency and I'm expecting that this will happen to the neighboring nations as well as the whole Asia except China of course because we know what's happening there.
Thanks for sharing and finding that bitcoin ATM in Taiwan. It is a piece of good news for a future tourist who have an interest in bitcoin. I hope that bitcoin ATM has an English language selection or translation in its screen. A hesitant user will not use the ATM if they cannot understand what is being shown on the window screen.
good .. it should be bitcoin from year to year there should be renewal if in taiwan there is ATM it is one of the easy way for cash withdrawal if every country have to have this ATM, because the bitcoin fans every year grow rapidly.
Indeed a great news, What card are they using? This is a great news but sorry I just fell uncomfortable with the whole aesththics of this Bitcoin ATM, bit i am genuinely happy that there are Countries whi push on doing this ATM thing, i hope other countries will follow. BTW, What did the Government's reaction about this?
They don't use card of any kind. They just take cash for bitcoins like all lammasu atm
https://coinatmradar.com/bitcoin_atm/2599/bitcoin-atm-lamassu-tainan-city-btctw-tainan-shop/
Direction: Fiat → Crypto
Fees: Buy: 5% from BitPay
But I must agree with you, I would not use such a shady box that dares to call itself an ATM in my life.
Common people, I've seen Pepsi vending machines in Morocco that where looking 1000 times better.
What the hell is with that wiring an and plastic panels?
Can users also buy bitcoins from those ATM?
It's bitcoins for cash only.
Hi folks,
Stumbled totally randomly today on this in Tainan City (south-west of Taiwan):
Found out later that this is the only ATM in Tainan, what a lucky find!
And there are for now a total of 5 in Taiwan.
Anyway, made my day and thought I should share here
Stumbled totally randomly today on this in Tainan City (south-west of Taiwan):
Found out later that this is the only ATM in Tainan, what a lucky find!
And there are for now a total of 5 in Taiwan.
Anyway, made my day and thought I should share here
It is been a very good development to see some Bitcoin ATM in some countries. Having an ATM machine that can withdraw local fiat easily is such a good development for all of us who uses bitcoin.
Well this are good news. As per your information in Kosovo which is a small country in Europe there were 3 Bitcoin ATMs, and they wanted to expand it to 5. I guess that the future will be with btc atm everywhere.
yeah, this is what happens in the world. Bitcoin is getting famous for the passage of time, here too, though not many yet, haha
No surprise there. Taiwan is friendly to bitcoin as opposed to their brothers in Mainland who suddenly turn their back on bitcoin. Japan, South Korea and Taiwan and the top 3 nations in terms of bitcoin usage and trading volumes so I didn't find this news surprising to find bitcoin ATM there. And i agree, if will just a matter of time before bitcoin really took off and capture the world. I'm not really sure if we can used the ATM to buy bitcoin though, but here we have options to buy bitcoin at any 7-11 kiosk. 
this is so good news, will be many investors come from taiwan.
Haven't thought there were bitcoin ATMs in Taiwan 
That's quite good news for taiwanese bitcoin users but there are still many countries where bitcoin is considered as illegal and government is treating crypto users as criminals.
That's quite good news for taiwanese bitcoin users but there are still many countries where bitcoin is considered as illegal and government is treating crypto users as criminals.
Indeed a great news, What card are they using? This is a great news but sorry I just fell uncomfortable with the whole aesththics of this Bitcoin ATM, bit i am genuinely happy that there are Countries whi push on doing this ATM thing, i hope other countries will follow. BTW, What did the Government's reaction about this?
If this is happening in Taiwan, then its only a matter of time before this spread to the innermost part of the world and gradually the spread is really happening. It might take time, but sooner or later, we will get there, to the point where government and its agencies will have to start negotiating to feature with bitcoin and blockchain rather than the power they have now to either ban and unban or regulate. Either way, I am happy about this as it gives more solid base for bitcoin and what a lot of people around the world believed in.
Can users also buy bitcoins from those ATM? On my vacation in Vancouver I happen to see 3 of those within a small area and tried to withdraw a few dollars. Everything was fast and easy though you somewhat pay a premium since they charge a fee of 3% per transaction. Bitcoin ATMs are one way of making the public curious and aware that such a thing exists. Good move, Taiwan! Hopefully other countries soon follow suit since it helps people to be curious and research more about it.
This is awesome, I wish also in our country it will have a bitcoin ATM so that anywhere you can withdraw anytime you want and also in case of emergency.
here in philippines have one bitcoin atm in makati city, we also wish to have a bitcoin atm throughout
the philippines and hopefully around the world.
That's really a great news that Bitcoin ATMs are spreading in many corners of the world but I am more impressed with such kind of news headlines,
* Taiwanese Company Brings Bitcoin to 10,000 Convenience Stores.
If such ATMs are used for buying Bitcoins then there is no issue but if we are using it to cash out bitcoins to make the purchases using fiat currency then it doesn't make any sense, to be honest. However, we should appreciate such efforts.
* Taiwanese Company Brings Bitcoin to 10,000 Convenience Stores.
If such ATMs are used for buying Bitcoins then there is no issue but if we are using it to cash out bitcoins to make the purchases using fiat currency then it doesn't make any sense, to be honest. However, we should appreciate such efforts.
great news. bitcoin atm system is very excellent and interesting. using atm card we use bitcoin everywhere and there. if banking system open this phenomenon then it is very highly useful worthy project.
Hi folks,
Stumbled totally randomly today on this in Tainan City (south-west of Taiwan):
Found out later that this is the only ATM in Tainan, what a lucky find!
And there are for now a total of 5 in Taiwan.
Anyway, made my day and thought I should share here
Stumbled totally randomly today on this in Tainan City (south-west of Taiwan):
Found out later that this is the only ATM in Tainan, what a lucky find!
And there are for now a total of 5 in Taiwan.
Anyway, made my day and thought I should share here
Great news! Thank you very much for sharing. This information is a big help for those who use bitcoin in the country. Surely not just the common users but also those real investors would be happy to know this for it will give them less hassle in terms of withdrawing their money. Taiwanese users could gain more comfort in terms of transacting wherever there is Bitcoin ATM in their place. I hope this could be also possible soon to our country and even to other nations.
This is awesome, I wish also in our country it will have a bitcoin ATM so that anywhere you can withdraw anytime you want and also in case of emergency.
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