[2014-07-09] 5,000 Terminals Across Ukraine Now Offer Bitcoin for Cash

[epere]

http://www.coindesk.com/5000-terminals-across-ukraine-now-offer-bitcoin-cash/

A nationwide network of more than 4,900 payment terminals in the Ukraine now allows customers to easily buy bitcoin for cash.

The network, which is operated by the country’s National Credit Bank, allows customers to buy vouchers for bitcoin from a new company called BTCU.

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[roslinpl]

http://www.coindesk.com/5000-terminals-across-ukraine-now-offer-bitcoin-cash/

A nationwide network of more than 4,900 payment terminals in the Ukraine now allows customers to easily buy bitcoin for cash.

The network, which is operated by the country’s National Credit Bank, allows customers to buy vouchers for bitcoin from a new company called BTCU.

Wow...

This is amazing!

best part of this article is already mentioned in the OP.

But I must repeat:

The network, which is operated by the country’s National Credit Bank, allows customers to buy vouchers for bitcoin from a new company called BTCU.

(...)by the country’s National Credit Bank(...)

(...)National Credit Bank(...)

I must wipe my eyeballs and read it again.

[bitsmichel]

http://www.coindesk.com/5000-terminals-across-ukraine-now-offer-bitcoin-cash/

A nationwide network of more than 4,900 payment terminals in the Ukraine now allows customers to easily buy bitcoin for cash.

The network, which is operated by the country’s National Credit Bank, allows customers to buy vouchers for bitcoin from a new company called BTCU.

Is it at each of the 4.900 payment terminals? This would be very useful, but given the current situation in Ukraine I won't go on holiday there 

[Ron~Popeil]

http://www.coindesk.com/5000-terminals-across-ukraine-now-offer-bitcoin-cash/

A nationwide network of more than 4,900 payment terminals in the Ukraine now allows customers to easily buy bitcoin for cash.

The network, which is operated by the country’s National Credit Bank, allows customers to buy vouchers for bitcoin from a new company called BTCU.

Is it at each of the 4.900 payment terminals? This would be very useful, but given the current situation in Ukraine I won't go on holiday there 

No, but if gives the people a quick way to move their funds into bit coin as the political situation deteriorates. A sudden change over there could be big for bit coin and big for them as well since they have a safe way to store their wealth if things get uglier.

[murraypaul]

The machines, known as BNK-24 terminals, also allow users to pay utility bills and purchase mobile phone credit, among other functions.

So there was already the ability to transfer money for various other reasons, which made it easier to add this as a new application.
You aren't actually buying Bitcoins from the ATMs, and they don't need to know anything about Bitcoin, you are buying a voucher that you can then use on a website to buy Bitcoins.

[SirWilliam]

That's a great service, hope it spreads...

[Chef Ramsay]

The machines, known as BNK-24 terminals, also allow users to pay utility bills and purchase mobile phone credit, among other functions.

So there was already the ability to transfer money for various other reasons, which made it easier to add this as a new application.
You aren't actually buying Bitcoins from the ATMs, and they don't need to know anything about Bitcoin, you are buying a voucher that you can then use on a website to buy Bitcoins.

I guess offering that extra step to make it that much closer to the real thing isn't necessarily a negative. If true, that's a lot of freaking ATMs and likely a world leader.

[Bit_Happy]

http://www.coindesk.com/5000-terminals-across-ukraine-now-offer-bitcoin-cash/

A nationwide network of more than 4,900 payment terminals in the Ukraine now allows customers to easily buy bitcoin for cash.

The network, which is operated by the country’s National Credit Bank, allows customers to buy vouchers for bitcoin from a new company called BTCU.

Wow...

This is amazing!

best part of this article is already mentioned in the OP.

But I must repeat:

The network, which is operated by the country’s National Credit Bank, allows customers to buy vouchers for bitcoin from a new company called BTCU.

(...)by the country’s National Credit Bank(...)

(...)National Credit Bank(...)

I must wipe my eyeballs and read it again.

Surprised here also:
"The machines, known as BNK-24 terminals, also allow users to pay utility bills and purchase mobile phone credit, among other functions...."
That part I was expecting, the machines are not only for BTC, they have several other functions.
Great news. 

[ThomasCrowne]

I wonder what the median % +/- is being charged across these 4,900 ATM's?  Would be nice to see somebody put out a comprehensive site that not only listed bitcoin ATM locations but also published their current charges/transaction fee's as well.

[Bit_Happy]

I wonder what the median % +/- is being charged across these 4,900 ATM's?  Would be nice to see somebody put out a comprehensive site that not only listed bitcoin ATM locations but also published their current charges/transaction fee's as well.

A global map tracking every active machine, including fee data, would be great!
It would also encourage competition and possibly lower some fees.

[CryptInvest]

This is not a full-fledged ATMs, through them you can not get the cash for Bitcoins.