In late April, a two-way bitcoin ATM was installed in Odessa, Southern Ukraine. It is the first ATM of its kind in the country, reports local online publication Cryptocurrency.tech.
The device allows both selling and buying hryvnias and bitcoins. Users may withdraw amounts of at least 500 hryvnias or 0.1 bitcoin (around $20 at the current exchange rates).
To date, there are 1,153 bitcoin ATMs worldwide, according to CoinATMRadar.
Bitcoin began being accepted by pioneering Ukrainian merchants in 2014.
Topics:
Financial technologies, News, Odessa, Payments & fintech, Regions
