Crypto ATMs appears at Estonia

[Kemarit]

Don't be surprised as those nations Lithuania, Latvia and Estonia and known as “Bitcoin Tigers” of Europe. You can go and search about buying coffee's and apartments can be done on either of the three countries. Estonia has really pursue a complete re-structuring, reforms and strives to be one of the most friendliest crypto countries around.

[Nolimitz84]

Apparently Estonia is the real crypto, sandbox of the European Union.I have already met many cryptocurrency startups in this country and they are all very successful.The emergence of crypto-bankers was most likely planned long ago.This of course is very pleasing. I would certainly like to see a link to this news.

[hibiscus]

         To my opinion Estonia is the most suitable for crypto startups since it has the highest rates of internet  use and has had Bitcoin ATMs in the capital . Thousands of users world wide adopt crypto coins so we can find  a growing trend towards crypto ATMs . The countries having the highest crypto ATMs are the Western countries associated with blockchain technologies. .

[Daniel91]

I've read that Estonua decided to set ATMs for cryptocurrency! Moreover, I heard that one European project is preparing to make cryptocurrency debit cards, which almost all over Europe can be used to pay as classic banking. So Estonia decided to be ahead again and put ATMs! That's what I understand a good business approach!

Great news but I'm surprised that Estonia did not get an crypto ATM even a lot earlier.
They are the most digitalized country in the world, as I heard, so I was thinking that they already have crypto ATM.
Do you know which crypto currencies this ATM will accept?
Which firm stands behind that project?

[Daniwahyu007]

It is remarkable that not only in Estonia will we adopt Crypto but in every country, because taking this step means that the country is experiencing progress in crypto technology

[buwaytress]

Great news but I'm surprised that Estonia did not get an crypto ATM even a lot earlier.
They are the most digitalized country in the world, as I heard, so I was thinking that they already have crypto ATM.
Do you know which crypto currencies this ATM will accept?
Which firm stands behind that project?

I'm actually not really surprised at all. I see Bitcoin ATMs as a rather pre-adoption stage kind of indicator. I would and have never used an ATM to get my crypto, and I'm not aware of anyone who isn't American who's ever considered, much less use an ATM to get/sell crypto.

IF you think about it, the place Estonia is at with crypto adoption, with blockchain legislature, with acceptance, it probably just skipped the ATM phase, and whatever machines come up now they're just there belatedly.

[Apes]

because of crypto ATM installation are rare. I am very curious about how it work and how to verify wallet. or maybe the crypto wallet balance are changed to a debit card, and what rate did used for exchange crypto to fiat?
in my opinion it would be more beneficial if a global Bank ATM was integrated with blockchain can be used to withdraw fiat without having to use crypto-specific ATMs.

[kryptqnick]

I've read that Estonua decided to set ATMs for cryptocurrency! Moreover, I heard that one European project is preparing to make cryptocurrency debit cards, which almost all over Europe can be used to pay as classic banking. So Estonia decided to be ahead again and put ATMs! That's what I understand a good business approach!

I know that we are used to thinking about ATMs as things where we put our debit cards and receive cash from them, but Bitcoin ATMs are not connected to cards. In an ATM like this, you follow the instructions using, say, a smartphone, so while both events have to do with Bitcoin adoption, they are not connected. And Estonia is not really ahead. The ATMs have been around in Europe for a while. See for yourself: https://coinatmradar.com/countries/. It's nice that these ATMs are out there, but I personally would avoid using them, primarily because of the fees they impose on users. Although I agree that having cash is sometimes still necessary and convenient.

[Odonko]

It's always a joy when amidst all these negativity about cryptocurrencies you still hear news about initiatives being put in place to ensure the adoption of bitcoin and other cryptocurrencies as payment methods. I hope this initiative in Estonia becomes a great success!

[Alpinat]

I would like to know if there is any source of this statement because it is very interesting and actually good news to all of us because adoption is really happening slowly but surely. Here in our place there are already crypto machine (BITCOIN ATM) and we are hoping for more type of this ATM machine.

[sushil7045]

Crypto ATM's will be all around the world in next 5-10 years, it will be the best efficient way to withdraw Fiat.

[DreamStage]

Ok so it finally reached Estonia
I read about it few months ago where was checking the veridity of the information and looks like it was true.
Glad that more countries are adopting this solution and let's hope for even more to come.

[MakeMoneyBtc]

There are thousands of crypto ATM's existing around the world and they are pretty much in every country existing that has the potential of bringing new people to buy bitcoin. It's a good thing to see that even more ATM's start appearing around the world because this way people are able to buy crypto from anywhere just by using cash. Now,I also hope the number of shops and merchants accepting crypto will increase so that we have more options available to spend the crypto we buy.

[Silviapold]

I've read that Estonua decided to set ATMs for cryptocurrency! Moreover, I heard that one European project is preparing to make cryptocurrency debit cards, which almost all over Europe can be used to pay as classic banking. So Estonia decided to be ahead again and put ATMs! That's what I understand a good business approach!

Estonia indeed is one of the leading countries in the world in technology and cryptos are welcomed there.
From there comes also an incredibly strong project with a lot of potential, called Yanu.ai
Being from this country, it makes me excited to see where things will lead