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Local => Marketplace (India) => Topic started by: ragavancoin on October 17, 2018, 07:52:26 PM



Title: First Bitcoin ATM in India?
Post by: ragavancoin on October 17, 2018, 07:52:26 PM
Can anyone share their experience with first ATM was launched in Bangalore,India I was seen the image of the ATM machine was launched last day but I want to know that anyone already used that ATM machine if yes please share your experiences here thanks.


Title: Re: First Bitcoin ATM in India?
Post by: Caxreror on October 22, 2018, 07:58:13 AM
are you have any kind of news about it?
share to us when you know


Title: Re: First Bitcoin ATM in India?
Post by: raj4990 on October 24, 2018, 06:28:07 AM
Does someone know the location of this ATM?


Title: Re: First Bitcoin ATM in India?
Post by: Nickcerny on October 24, 2018, 09:51:03 AM
It was situated near old airport road in bengaluru... and it was not exactly ATM it was a kiosk for those who preferred peer to peer transactions.
And later it was shut down due to legal issues.


Title: Re: First Bitcoin ATM in India?
Post by: abhibtccc on November 02, 2018, 01:40:00 PM
It was situated near old airport road in bengaluru... and it was not exactly ATM it was a kiosk for those who preferred peer to peer transactions.
And later it was shut down due to legal issues.

And our shit governent have arrested the owners. I will leav India if there is any ban of crypto.


Title: Re: First Bitcoin ATM in India?
Post by: TusharMali99 on November 04, 2018, 05:25:28 PM
I heard that it was not a bitcoin ATM machine,
that machine was only for cash deposit/withdrawl for unocoin users. They were still testing it out and was not fully functional.


Title: Re: First Bitcoin ATM in India?
Post by: Dpat on November 05, 2018, 03:43:00 PM
There is no experience still now as the ATM got ceased by the police force of the Bangalore. This ATM was lunched by UNOCOIN which was not adhered to proper RBI rules and the Govt. guidelines for the financial institutions.


Title: Re: First Bitcoin ATM in India?
Post by: reliable on November 05, 2018, 05:45:22 PM
There is no experience still now as the ATM got ceased by the police force of the Bangalore. This ATM was lunched by UNOCOIN which was not adhered to proper RBI rules and the Govt. guidelines for the financial institutions.

I think it would not be returned now and does any one know that would be the cost of ATM they would have incurred. Probably it is now permanent loss to them as government does not seems to be giving green signal to such activities in the country.