• Press Releases
    • Submit a press release
    • Read All
  • Advertise
  • Contact us
Crypto.com Logo Crypto.com Logo
Bitcoinist.com
No Result
View All Result
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Industry News
    • Press Releases
  • Price
    • Bitcoin Price
    • Ethereum Price
    • Litecoin Price
    • Binance Coin Price
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
    • Bitcoin Casinos – Where, What and How to Play
  • Events
  • Play Games
  • Play Casino Games
  • Win 1 BTC
Breaking News: The Sandbox Seals Deal With Saudi Arabian Digital Government Authority
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Industry News
    • Press Releases
  • Price
    • Bitcoin Price
    • Ethereum Price
    • Litecoin Price
    • Binance Coin Price
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
    • Bitcoin Casinos – Where, What and How to Play
  • Events
  • Play Games
  • Play Casino Games
  • Win 1 BTC
Bitcoinist.com
No Result
View All Result
Breaking News: The Sandbox Seals Deal With Saudi Arabian Digital Government Authority
Advertisement

First Hungarian Bitcoin-ATM debuts in downtown Budapest

Bitcoinist by Bitcoinist
8 years ago
in Bitcoin, Bitcoin Businesses, News, Press releases, Start-Ups
0
Advertisement

Hungary’s first Bitcoin ATM is installed in Club Anker, a well known coffee house in downtown Budapest. A machine that changes Hungarian Forint banknotes to Bitcoin enables the promising popularity of the virtual currency to gain new ground. People who are afraid of personal deals or lack trust in online-only purchase have the chance to do it in a safe and tangible way.

From now on, tourists and locals may exchange Hungarian Forints to Bitcoin in Budapest as well. Bitcoin ATM at Club Anker receives Forint banknotes – in a minimum amount of HUF 2000 – and changes them to Bitcoin. ATM displays a QR code, which may be scanned into a mobile Bitcoin wallet, or printed for later use. Price quotes come from Bitstamp BTC Exchange,a Slovenian-English owned e-market, one which has a favourable history without hacker attacks or tax-evasion charges.

Don't wait! Jump on this Crypto Deal and get a 150% Welcome Bonus plus 100 Free Spins on your deposit today!

Hungary’s first Bitcoin ATM comes from market-leader manufacturer, Lamassu, equipments of which are not only known for their robust appearance and reliable operation, but for the sleeky and elegant design as well. Although Lamassu’s operating system and user interface are quite simple and straightforward, local operator Octarine Labs Ltd. supports customers with English and Hungarian call center during operating hours of the ATM in Club Anker.

„We are aware of the fact that general audience in Hungary is missing some very important information about Bitcoin what Bitcoin enthusiasts’ already have. That is why we are committed in education and focus on introducing this disruptive technology in the most suitable and comprehensible way: an ATM in its physical appearance in a safe public place.”

– says Barnabas Debreczeni, CEO, Octarine Labs, involved in Bitcoin-based IT-developments for many years now.

unveiling_hungarys_first_BItcoin_atm_bitcoinist
Barnabas Debreczeni presents Hungary’s first Bitcoin ATM

Forint banknotes put into the ATM are changed to Bitcoin through an English account of the company, a process that guarantees compliance with legal environment and tax regulations. Octarine Labs promises to upgrade the ATM with reverse function of changing Bitcoins to Forint until the end of 2014. Octarine Labs expects return of the investment in a 6-12 month period.

BitStarz Player Lands $2,459,124 Record Win! Could you be next big winner?
570% up to 12 BTC + 300 Free Spins for new players & 1 BTC in bonuses every day, only at Wild.io. Play Now!

Owners of Club Anker announced accepting Bitcoin in another location of their own only a few weeks ago, thrugh online POS terminals on tablets.

„Although we regarded the offer of discounts for food and beverages paid with Bitcoins only a marketing activity, Ankert Bistro Garden experiences an average of three transactions per day since then”

– tells Krisztian Vranik, shop owner. No surprise, owners happily welcome the idea of augurating a Bitcoin ATM as well in Club Anker.

 Interview with Barnabas Debreczeni and video of the press conference is coming soon.

Source: JP Lawrence Media
Picture source: Bitcoinist

ShareTweetShareShare

Sign Up for Our Newsletter!

For updates and exclusive offers enter your email.

I consent to my submitted data being collected and stored.

Bitcoinist

Bitcoinist

Bitcoinist is the ultimate news and review site for the crypto currency community!

Related Posts

Bitcoin BTC BTCUSDT

Will Bitcoin See A Valentine’s Day Massacre Or Can Bulls Get Back To $24,000?

10 hours ago
ALTCOIN DAILY TO PRODUCE AND STAR IN NEW “SHARK TANK OF CRYPTO” TV SHOW, KILLER WHALES

ALTCOIN DAILY TO PRODUCE AND STAR IN NEW “SHARK TANK OF CRYPTO” TV SHOW, KILLER WHALES

14 hours ago
SinVerse Studios Announces $1 Million Buyback Program for the SIN token

SinVerse Studios Announces $1 Million Buyback Program for the SIN token

14 hours ago
Join the Revolution: Invest in STARSTAKING for 25% APY and the Chance to Win Big with the DeFi Lottery Program

Join the Revolution: Invest in STARSTAKING for 25% APY and the Chance to Win Big with the DeFi Lottery Program

15 hours ago
Bitcoin

Bitcoin Long-Term Holders Are Still Selling At Loss: Glassnode

15 hours ago
The Crypto Bull Market Trend Has Started! What Does This Mean for Ripple (XRP), Cronos (CRO), and Snowfall Protocol (SNW)?

The Crypto Bull Market Trend Has Started! What Does This Mean for Ripple (XRP), Cronos (CRO), and Snowfall Protocol (SNW)?

15 hours ago
Please login to join discussion

Premium Partners

Premium Casino Partners

Top Casinos

BitStarz
BitStarz
Punt Casino
Punt Casino
mBit
mBit
Metaspins
Metaspins
1xBit
1xBit
Coinplay
Coinplay
K8
K8
Vegas Casino
Vegas Casino

Sportbooks

Coinplay
Coinplay

Press Releases

  • ALTCOIN DAILY TO PRODUCE AND STAR IN NEW “SHARK TANK OF...

    14 hours ago
  • SinVerse Studios Announces $1 Million Buyback Program for...

    14 hours ago
  • Join the Revolution: Invest in STARSTAKING for 25% APY and...

    15 hours ago
  • The Crypto Bull Market Trend Has Started! What Does This...

    15 hours ago
  • Orbeon Protocol (ORBN) Grows 1625% During the Presale...

    16 hours ago

Bitcoin news portal providing breaking news, guides, price analysis about decentralized digital money & blockchain technology.

Bitcoin

  • News
  • Price
  • Businesses
  • Acceptance
  • Technology
  • Investment
  • Regulation
  • Reviews

Altcoins

  • News
  • Price
  • Ethereum
  • Ripple
  • Litecoin
  • EOS
  • NAGA

Categories

  • Blockchain
  • Security
  • FinTech
  • Technology
  • Trending
  • Breaking News
  • Press Releases
  • How to

Pages

  • Contact us
  • Editorial Policy
  • Advertise
  • Crypto Prices from Nomics
© 2023 Bitcoinist.com. All Rights Reserved.
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Industry News
    • Press Releases
  • Price
    • Bitcoin Price
    • Ethereum Price
    • Litecoin Price
    • Binance Coin Price
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
    • Bitcoin Casinos – Where, What and How to Play
  • Events
  • Play Games
  • Play Casino Games
  • Win 1 BTC

© 2022 Bitcoinist. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.