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Topic: Cryptocurrency ATM in Amsterdam Airport (Read 401 times)

jr. member
Activity: 406
Merit: 1
December 24, 2018, 06:08:15 AM
#61
It is very convenient when you are going to travel somewhere and you don’t have enough cash!
member
Activity: 882
Merit: 11
Volare.network
December 24, 2018, 05:58:46 AM
#60
Amsterdam Airport has installed ATM that allowed outbound travelers to convert their Euros in two prominent cryptocurrencies Bitcoin and Ethereum.

Reading this news I thought its a great Idea for travelers that they can easily convert their local currencies to Global Currency like BTC and ETH. And also realize cryptocurrencies are being accepted in European region more than other parts of the world. 

News source: https://www.ccn.com/amsterdams-airport-helps-travelers-swap-leftover-euros-for-bitcoin-ethereum/

this is good news for ethereum and bitcoin, i think if this is successful there will be mass adoption by travelers and locals to use crypto.
hero member
Activity: 2996
Merit: 600
Eloncoin.org - Mars, here we come!
December 24, 2018, 05:57:34 AM
#59
Its another industry which will blow the mind of the people.

Crypto ATM industry is a billion industry and you will see it boom years from now. And with this installation on Amsterdam airport, did somebody here actually used it? I've watched a couple of videos of ATM usage with crypto's and its amazing that you'll likely using a very usual one.
member
Activity: 221
Merit: 10
December 24, 2018, 05:55:32 AM
#58
Amsterdam Airport has installed ATM that allowed outbound travelers to convert their Euros in two prominent cryptocurrencies Bitcoin and Ethereum.

Reading this news I thought its a great Idea for travelers that they can easily convert their local currencies to Global Currency like BTC and ETH. And also realize cryptocurrencies are being accepted in European region more than other parts of the world.  

News source: https://www.ccn.com/amsterdams-airport-helps-travelers-swap-leftover-euros-for-bitcoin-ethereum/

This machine help a lot travelers that have cryptocurrency they just find an ATM to convert cryptocurrency to global money. Hope all airport have that machine.
jr. member
Activity: 336
Merit: 1
https://saturn.black
November 18, 2018, 10:32:39 PM
#57
With the crypto ATM at the Amsterdam airport, it makes it easier for crypto holders to travel and meet their needs, certainly will be the most strategic place to be used. And maybe other countries will also implement this.
copper member
Activity: 76
Merit: 0
CAT.EX Exchange
November 18, 2018, 09:28:43 PM
#56
Its a great news for cryptocurrency indeed as more countries are accepting it and providing facilities to the people. I think every airport should have this kind of ATM machine.

That is a good point, because we all not like to carry cash with us. Especially if we are traveling bulk and its difficult. But if you have a cryptocurrency and they have provided an atm on that, you can withdraw money at ease to pay the necessities. Good point also that they establish it on the airport.
hero member
Activity: 2520
Merit: 711
November 17, 2018, 06:41:23 AM
#55
Amsterdam Airport has installed ATM that allowed outbound travelers to convert their Euros in two prominent cryptocurrencies Bitcoin and Ethereum.

Reading this news I thought its a great Idea for travelers that they can easily convert their local currencies to Global Currency like BTC and ETH. And also realize cryptocurrencies are being accepted in European region more than other parts of the world. 

News source: https://www.ccn.com/amsterdams-airport-helps-travelers-swap-leftover-euros-for-bitcoin-ethereum/

Great news, I like it.  It is necessary to put such ATM in all airports and train stations around the world.  It is time to introduce cryptocurrency into normal use.
member
Activity: 210
Merit: 10
W12 – Blockchain protocol
November 16, 2018, 03:36:19 PM
#54
Amsterdam Airport has installed ATM that allowed outbound travelers to convert their Euros in two prominent cryptocurrencies Bitcoin and Ethereum.

Reading this news I thought its a great Idea for travelers that they can easily convert their local currencies to Global Currency like BTC and ETH. And also realize cryptocurrencies are being accepted in European region more than other parts of the world. 

News source: https://www.ccn.com/amsterdams-airport-helps-travelers-swap-leftover-euros-for-bitcoin-ethereum/
wonderful! Amsterdam is always a step ahead Smiley it's great they have chosen alt together with btc. i'm not going to ask why they took eth, the mere idea that it is happening makes me feel awesome
hero member
Activity: 2240
Merit: 953
Temporary forum vacation
November 13, 2018, 03:48:36 AM
#53
How does that work?
Do you put your debit/credit card in and "withdraw" btc?
As in you type in your address and btc gets sent there?
Although this is great and helps to increase coverage of crypto, in reality, I'm thinking the trade rate would be terrible.

Kind of like when you use a foreign atm machine, you get slapped with all kinds of fees.
I'm thinking the exchange rate is not ideal.
There's actually a similar btc atm Mexico city, but the exchange rate is always 10% to 15% higher than the going rate on coinmarketcap.
I imagine they have to charge more to maintain the machine and deal with blockchain fees.

But still, it would great to take a selfie next to it lol.

That is exactly how it works actually yes,,, when you buy BTC, you can use a card and I think some ATMs take cash even. You do not type an address, though, you get a receipt with a paper wallet filled with your Bitcoin. So of course you have to go and keep it safe or even immediately sweep the Bitcoin to your own wallet.

Trade rate is terrible indeed. 10% and more. BUT it is convenient and almost instant so maybe people prefer that.
sr. member
Activity: 658
Merit: 256
November 11, 2018, 01:11:19 PM
#52
The crypto atm idea is good, I will be happy to convert my leftover Euro for Bitcoin or ETH before I leave Amsterdam for home. Will definitely use it when I go there for holiday next time.
member
Activity: 284
Merit: 10
The Exchange for EOS Community
November 11, 2018, 12:46:55 PM
#51
Amsterdam Airport has installed ATM that allowed outbound travelers to convert their Euros in two prominent cryptocurrencies Bitcoin and Ethereum.

Reading this news I thought its a great Idea for travelers that they can easily convert their local currencies to Global Currency like BTC and ETH. And also realize cryptocurrencies are being accepted in European region more than other parts of the world. 

News source: https://www.ccn.com/amsterdams-airport-helps-travelers-swap-leftover-euros-for-bitcoin-ethereum/

another good news for the cryptocurrency industry. aside from japans paying employee salaries in bitcoin, there are numerous of bitcoin atms that are grwoing accross the globe. i have read another one in zimbabwe, a third world country using blockchain technology as hi tech as u.s and japan.
sr. member
Activity: 348
Merit: 250
The Exchange for EOS Community
November 11, 2018, 12:25:54 PM
#50
Is it still there, maybe i can have an opportunity to visit Amsterdam in upcoming months, I'll be gladly see that. With this type of actions crypto will reach more people and newcomers can enter to market.
full member
Activity: 412
Merit: 100
November 11, 2018, 12:24:55 PM
#49
It is undoubtedly good news. But here it will only be interesting to me to be converted at what course cryptocurrency? It is much important factor too.
full member
Activity: 602
Merit: 100
November 11, 2018, 12:22:23 PM
#48
This is a super news that should be seriously publicized today, of course, you cannot get a lot through such ATMs, but I think that in general, this should really help people to think carefully about using cryptocurrency as a means of payment, which today
sr. member
Activity: 560
Merit: 250
November 11, 2018, 12:16:59 PM
#47
A developed country like Amsterdam now accepts crypto I think is too late. As soon as my country has deployed some ATMs a few years ago. But I'm still glad that more and more places accept crypto
full member
Activity: 686
Merit: 131
November 11, 2018, 10:29:15 AM
#46
How does that work?
Do you put your debit/credit card in and "withdraw" btc?
As in you type in your address and btc gets sent there?
Although this is great and helps to increase coverage of crypto, in reality, I'm thinking the trade rate would be terrible.

Kind of like when you use a foreign atm machine, you get slapped with all kinds of fees.
I'm thinking the exchange rate is not ideal.
There's actually a similar btc atm Mexico city, but the exchange rate is always 10% to 15% higher than the going rate on coinmarketcap.
I imagine they have to charge more to maintain the machine and deal with blockchain fees.

But still, it would great to take a selfie next to it lol.
hero member
Activity: 2240
Merit: 953
Temporary forum vacation
November 11, 2018, 10:26:37 AM
#45
So, now that this thing has been installed for 5 months,,, is there any news or update about how it has fared? 5 months at one of the most central airports in the world, with tens of thousands passing by every day, it must be raking in all the profits. Let us say only 200 people use it for $100 a day, and we all know Bitcoin ATM fees are about 10%, that is an easy $2k just from getting people transacting. So is it this popular at all do we know?
member
Activity: 539
Merit: 20
November 07, 2018, 09:39:26 AM
#44
such good news should continue increasingly. they must now be a part of everyday life. prohibitions and restrictions should no longer disappear.
full member
Activity: 361
Merit: 101
November 07, 2018, 09:35:24 AM
#43
It is thrilling news, but I think it would be more useful to allow them convert crypto in local currencies.
Sometimes om a board people are required to declare more than 10 k usd, so now this problem is gonna be solved
sr. member
Activity: 623
Merit: 262
November 07, 2018, 09:33:41 AM
#42
A lot of good news are coming across the continent this make the investors to pay more attention on cryptocurrency also it will be very helpful for the travellers as they can make transaction from airport as well. Slowly more countries are supporting this block chain technology as cryptocurrency is gaining majority.
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