The usage of Bitcoin in Spain has been on the rise in recent months, thanks to various efforts by companies such as Chip Chap. Additionally, a few new Bitcoin ATMs have also been installed at prominent locations in Barcelona, which could boost BTC adoption. And Coinay has launched a voucher system, allowing customers to buy Bitcoin from retail locations.
Coinay – Buying Bitcoin with Vouchers
One of the main issues which novice users struggle with at the moment, is buying their first Bitcoin(s). Signing up for an exchange and verifying your identity is a tedious task, requiring a ton of personal information that not everyone is eager on handing out. Plus, in most cases, you have to wait a few days before this process in completed.
Once your account is setup and verified, the process of buying your first BTC begins. Most platforms will allow for fast – or instant – deposit methods, to let customers complete their transactions in a fast and convenient manner. It would be much simpler to go to a major retailer and tell them you want to buy Bitcoin over the counter.
This is where Coinay comes into