Cryptocurrency ATM in Amsterdam Airport

[cryptotycoon33]

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 a welcome development for the cryptocurrency space, because such actions will help increase the adoption rate of crypto in Amsterdams in particular and the global world in general. Thanks for the information

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[elloco4ever]

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.

[Babyjamz3026]

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

[adamin1i]

such good news should continue increasingly. they must now be a part of everyday life. prohibitions and restrictions should no longer disappear.

[leea-1334]

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?

[chocopapaya]

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.

[ParabellumLite]

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

[andor.gellenhidi]

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

[Desmo]

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.

[bitbabba]

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.

[fcklife]

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.

[bit-freedom]

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.

[leea-1334]

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.

[ambeo]

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 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

[yurez]

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.

[Eat.Sleep.Bounty]

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.

[Colan Zolo]

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.

[JPablo]

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.

[batang_bitcoin]

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.

[sulis sudibyo]

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.