July 22 2018 09:19:14
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New Bitcoin ATM released by Bitcoin Ja
Bitcoin News

 

 Bitcoin Ja (manufacturer located in Portuguese)  has launched there first ATM that works whit Bitcoins. The company is just beginning to work whit Bitcoins and other crypto coins. There new bitcoin ATM model name is "BJATM1" and will be located at Lisbon cinema theater.



The company describes there machine as a feature rich, versatile and highly scalable system.

The ATM will allow the user to buy and sell bitcoins for fiat currency.




 



The big news is that the company is working on a software, that will enable support for PayPal payments.





At the moment Bitcoin Ja plans to manufacture the ATMs and sell them instead of operate them.



 After announcing there Bitcoin ATM, the Bank of Portugal issued a warning on the use of bitcoin and bitcoin ATM. The Bank of Portugal warns of bitcoin volatility , lack of regulation and potential criminal activities involving bitcoins.

The using of bitcoins and bitcoin ATM remain legal in Portugal at the moment.






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