Vietnamese Exchange BitcoinVN Is Seeking Investors For 12 New Bitcoin ATMs

[layer1gfx]

Well, in the case of "BTM 3.0" - wouldn't an app suffice for that?  

oh sure, i am just spinning some ideas, some NFC chip solution maybe could work as well.

Sanitizing bank notes:

Not yet!

We are at the moment extra careful to only put fresh bank notes straight from the bank into the machines when we refill, but ultimately the end user also has to take its own precautions.

sure, but you thought about it as well after reading so many news about recycling or even destroying "infected" banknotes or putting them in quarantine i was wondering about other solutions. i am sure this issue would have to be addressed worldwide, and the company with the best solution could maybe be in for a nice reward in the industry.

[1714112803]

1714112803

[BTMBitcoinVN]

Some good news here - the city of HCMC is starting to open up again from today on and with that our locations are gradually coming out of their limited "Corona schedule" back to normal opening hours.



More positive news in the coming days. 

In the meanwhile one of our host locations also got a (favourable) review by the local Bitcoin Community in Saigon (not really about our BTM's, but if you are interested to hear about the state of the F&B industry could be interesting  ):

[BTMBitcoinVN]

Unfortunately May started off with not-so-good news for our BTM department as we were informed that our oldest & longest-running location partner of Italianis lost their lease for their Ly Tu Trong location after almost 4 years.



Source: https://twitter.com/BitcoinATMHCMC/status/1257081222125154304

Our remaining location are unaffected from this change and we will update as soon as new locations become available. 

[lapislazuli3]

Quite interested in this.


As a ex community member, I would possibly be interested . could you give more info ?

[carlfebz2]

Quite interested in this.


As a ex community member, I would possibly be interested . could you give more info ?

Why you wouldnt just tend to contact them on those mediums written on op?

https://www.facebook.com/BitcoinATMHCMC
https://twitter.com/BitcoinATMHCMC
https://t.me/BitcoinATMVietnamUpdates
https://btm.bitcoinvn.io

Good luck and Dyor even more..

[BTMBitcoinVN]

Quite interested in this.


As a ex community member, I would possibly be interested . could you give more info ?

Currently there is no active fundraising round since the whole Corona Situation slowed down the rollout of the last batch we received in late December (plus see above: Some locations closing / relocating which forces us to relocate the machines as well ). The 2019 batch had been fully allocated to investors.

However, as things now open up again you might want to follow us on the channels mentioned above by carlfebz2 since there might be more opportunities in the future

[buwaytress]

Hey guys, you know I like catching up with you every now and then, good to see stuff is opening up again, though a bit of a shame with that license expiring. Was that intentional because of COVID-19 or did someone just forget to renew stuff? A lot of closures in my part of the planet too, including some really old brands I grew up with, so it really feels like the end of an era in a literal sense for brands. Hope you pick up on BATM activity once this blows over.

[BTMBitcoinVN]

Hey guys, you know I like catching up with you every now and then, good to see stuff is opening up again, though a bit of a shame with that license expiring. Was that intentional because of COVID-19 or did someone just forget to renew stuff? A lot of closures in my part of the planet too, including some really old brands I grew up with, so it really feels like the end of an era in a literal sense for brands. Hope you pick up on BATM activity once this blows over.

The lease of our location host (Italianis) was up - and since that specific location lived on about 50% tourists (of which there are none right now and possibly months to come) it has been probably a prudent decision not to go into a bidding war with Mobile World (which will move in there now).

So yeah, COVID certainly caused an impact there - but the Italianis folks are smart & hard-working, so probably the right move to step back from that location and focus on their other location(s) for now 

[BTMBitcoinVN]

Some might have seen it already, but we haven't been lazy during the lockdown and worked to obtain another location right next to Ho-Chi-Minh-City's Tan Son Nhat Airport 

The new location – Big Pig BBQ (46 Trường Sơn, Phường 2, Tân Bình, Hồ Chí Minh 70000) – is just a five minute walk away from the terminals of Tân Sơn Nhất airport, Ho Chi Minh City’s flagship airport which caters to almost 40 million travelers annually and offers direct intercontinental connections to Paris, London, Frankfurt and Moscow.

Source: https://news.bitcoinvn.io/first-bitcoin-atm-in-tan-binh-saigon-placed/?lang=en

[layer1gfx]

congratulations,
the new location is quite where a BTM should be placed.
cashing out BTC on arrival is now an even more easy task on the way into town...  

[buwaytress]

The lease of our location host (Italianis) was up - and since that specific location lived on about 50% tourists (of which there are none right now and possibly months to come) it has been probably a prudent decision not to go into a bidding war with Mobile World (which will move in there now).

So yeah, COVID certainly caused an impact there - but the Italianis folks are smart & hard-working, so probably the right move to step back from that location and focus on their other location(s) for now 

One door closes, another opens, it would appear!

I do remember discussing with you some time back about the BATM that was installed at Schiphol -- by the time I actually went to check it out, it had been long uninstalled -- in fact, it wasn't even in any directory there, nor did any of the Info desks know about it, but the BBQ location for yours at least should get more eyes on it.

Very cool pic =)

[BTMBitcoinVN]

Overview of the current location line-up:

[BTMBitcoinVN]

Updated user manual  :

This is a step-by-step guide for buying Bitcoin. If you are unable to complete any of the steps, you can check the suggested solutions here or contact the customer support number provided on the Bitcoin ATM.

https://btm.bitcoinvn.io/faq/troubleshooting

[BTMBitcoinVN]

New interview with Rob Rankin of Big Pig BBQ - our most recent addition to our location line-up:

Vietnam’s economy has been growing at record rates for the last decade and more than ever we are living in a globally connected and digital world. I think it’s natural and intuitive that crypto will play a larger part in the next few years. It’s an exciting time to be here!

---> https://news.bitcoinvn.io/interview-rob-rankin-big-pig-bbq-utit-vn/?lang=en

[rexxarofmoknathal]

This is an interesting project with future potential.  Vietnam and other Eastern countries are a good ground for crypto investments, so I think there's scope for this ATM related project. Can I ask whether you still raising capital and if there's a limit to the investment?

Thanks,
Rex

[BTMBitcoinVN]

As the Bitcoin market shapes up for another epic bull market, the Bitcoin ATM department of BitcoinVN is not keeping idle:


Now you can have your Bitcoin and eat the bull too – all at the same time & place at BigPig BBQ (12 cao thắng, phường 5, Quận 3).

Source: https://news.bitcoinvn.io/new-bitcoin-atm-big-pig-bbq-downtown-saigon/?lang=en

More also here: https://twitter.com/BitcoinATMHCMC/status/1306528779049680896

This is an interesting project with future potential.  Vietnam and other Eastern countries are a good ground for crypto investments, so I think there's scope for this ATM related project. Can I ask whether you still raising capital and if there's a limit to the investment?

Thanks,
Rex

Hey!

Sorry for the delayed response, but we are not overly active on Bitcointalk - usually easier to reach us via our common customer support channels (Twitter or Facebook work well too). 

As for your comment & question:

The whole COVID situation certainly also impacted our business (some of our locations in the F&B sector went out of business and we had to find new hosts; also the borders in Vietnam remain locked which means no tourists in the country which are one of our main customer groups), but overall we have been able to hold steady and prepare for time when borders open again & the whole economy starts picking up again more (plus of course... - being ready for the next bull run which in due time).

As for the investment round: This round indeed had been closed, but we might have more opportunities coming up - so feel free to get in touch with us anyway. Within our group we also regularly conduct other investments more or less closely related to Bitcoin/Vietnam, so depending on your aims there might potentially also be other options coming up which might be of interest to you.

[BTMBitcoinVN]

Current fleet now also updated on Openstreetmaps  :

https://www.openstreetmap.org/search?query=bitcoin%20atm%20ho%20chi%20minh#map=19/10.77882/106.69819

[BTMBitcoinVN]

PSA:

Our location at Italiani's Pizza Han Thuyen is closed for the next 3 days due to renovation work at their location (re-opened normally from 01.10.2020!).

If you are looking to purchase/sell Bitcoin for cash in downtown HCMC - feel free to check out our location at Big Pig BBQ & Beer!

https://news.bitcoinvn.io/new-bitcoin-atm-big-pig-bbq-downtown-saigon/?lang=en

[BTMBitcoinVN]

All currently operating machines have been upgraded to support native SegWit transactions:

The BTM department of BitcoinVN announced in a recent tweet that all their current Bitcoin ATMs have been upgraded to enable SegWit deposits and withdrawals from their machines.


Native SegWit addresses can be identified that they commonly begin with “bc1…” at the start of the alphanumeric string.

---> https://news.bitcoinvn.io/bitcoin-atm-saigon-upgraded-to-segwit/?lang=en


Especially coming into the next bull run we hope that this will help our customers to avoid getting hit too hard by rising on-chain transaction fees. 

[BTMBitcoinVN]

Despite a turbulent 2020, still moving forward step-by-step 

First location in District 7, Ho Chi Minh City:

The new machine is currently only offering to buy Bitcoins; but it lets you do so in 3 clicks without requesting your phone number while accepting banknotes at 4x speed as compared to our other machines. Offering a sell option (as it is the case with the other currently operating machines) remains on the roadmap.

Red & Round recently made “headlines” in the Saigon foodie scene with the acquisition of locally famed Mattia di Paolo as new chef in their kitchen who has over years proven time and again how to excite the taste palates of his patrons with various Italian delicacies!

https://news.bitcoinvn.io/new-bitcoin-atm-launched-district-7-saigon/?lang=en