A Bitcoin ATM in Westfield Sydney is planned to be launched by Australian Bitcoin ATMs tomorrow. The Sydney Bitcoin ATM allows users to withdraw fiat currency and purchase Bitcoin from the machines. This easy access to the digital currency will be convenient for people on the go.
Sydney Bitcoin ATM Debut
The Australian Bitcoin ATMs (ABA) imports, distributes, and operates Bitcoin ATMs in Australia. Having a Sydney Bitcoin ATM will allow people to become more aware of the digital currency. In addition, it will help people see Bitcoin’s accessibility and ease of use. On the ABA website it says,
“Bitcoin ATMs remove the indimidating and difficult aspects of buying and selling bitcoins. With an intuitive, straight-forward interface and the convenience of immediate liquidity, Bitcoin ATMs attract both first time users with almost no knowledge of the cryptocurrency and its seasoned traders.”
With this in mind, having a Sydney Bitcoin ATM is great start to spreading Bitcoin awareness in the country.
What is Australian Bitcoin ATMs?
The ABA was created by a team of investors and entrepreneurs who realized Bitcoin’s worth and decided that they wanted to help the digital currency continue growing.
As such, the ABA believes that Bitcoin ATMs are a great way to spread awareness of Bitcoin. The company has a goal of installing 100 Bitcoin ATMs in Australia by 2015. It also plans to install over 500 Bitcoin ATMs across the world by 2016. It says on the company’s website,
“ABA believes Bitcoin ATMs will massively boost the appeal and presence of Bitcoins in Australia. ABA aims to install 100 Bitcoin ATMs in Australia by 2015 and more than 500 globally by 2016.”
The ABA has been in talks with different Bitcoin ATM manufacturers in order to provide the best experience for Australian users. In addition, the ABA believes in the success of Bitcoin and sees that it holds great potential that hasn’t been explored yet. Hence, the ABA has made it their responsibility to enhance Bitcoin’s growth in Australia and to provide innovative means for using the digital currency. A Sydney Bitcoin ATM is a great start to ABA’s endeavors.