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The bitcoin fever has hit Israel, but the global demand is crashing the infrastructure
American company Robocoin has chosen Tel Aviv for its first cash-out capable Bitcoin vending machine in the Middle East. The Robocoin machine, which is being brought into Israel by Bitbox, allows two-way transactions. Robocoin says its machines have security features built in to prevent theft and fraud that are compliant with anti-money laundering regulations. For over 16 years, ISRAEL21c has brought you the faces and places of Israel every day, spreading the word about Israel to millions of people in bitcoin atm in israel every country around the globe. First of its kind, our content is originally bitcoih, written and produced by seasoned experts directly from Israel. We cannot do this without financial support from people like you.
Robocoin vending machine allows users to turn virtual currency into cash.
For daily updates, subscribe to our newsletter by clicking here. Less reliant on the cryptocurrency marketplace infrastructure, the service is still operating, though it has been shutting down periodically to process pending purchases due to high demand. Operating hours were also cut back, and the ATM now closes at 6 p. The second ATM, opened in October and located in Dizengoff Street, has been closed for the past week due to the pressure on the global cryptocurrency infrastructure. Homepage News.
Already enabling tourists and Israelis to buy Bitcoin with cash, the venue’s aim is to become a cryptocurrency hub.
American company Robocoin has chosen Tel Aviv for its first cash-out capable Bitcoin vending machine in the Middle East. The Robocoin machine, which is being brought into Israel by Bitbox, allows two-way transactions. Robocoin says its machines have security features built in to prevent theft and fraud that are compliant with anti-money laundering regulations. For over 16 years, ISRAEL21c has brought you the faces and places of Israel every day, spreading the word about Israel to millions of people in virtually every country around the globe.
First of its kind, our content is originally researched, written and produced by seasoned experts directly from Israel. We cannot do this without financial support from people like you.
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Robocoin vending machine allows users to turn virtual currency into cash.
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