Blockchain Innovation has announced the official release of BitTeller, the world’s most affordable and portable bitcoin Automatic Teller Machine.
According to the official website, bitcoins can be purchased with cash with the help of BitTeller. BitTeller, which is simple, fast and secure bitcoin ATM can be carried around to different locations.
“After months of development, prototypes, and testing, we are proud to introduce the BitTeller ATM to the cryptocurrency industry. We strived to design an ATM that is affordable to even the smallest businesses or individual. I believe we have achieved that, and delivered a system that both users and owners will find simple to use, and most importantly, safe,” Blockchain Innovation CEO, Jonah Dorman said in the press release.
The process in which BitTeller works is simple, where the ATM owner loads the BitTeller’s wallet to the desired amount. The owner can then put the BitTeller in place of business, home, or meeting hall. It is then ready for anyone to purchase BTC with cash. At the end of the day, the owner can remove bills and reload the BTC if desired. The owner can be alerted via email notifications for issues such as a low balance, system errors, and daily status reports.