Hungary gets its first Bitcoin ATM at Budapest

hungary gets first bitcoin atm at budapest

Hungary’s downtown capital city Budapest gets country’s first ever Bitcoin ATM inside of well known coffee house Club Anker.

The Octarine Labs-owned ATM was manufcatured by the Lamassu company and will change Hungarian Forint banknotes into Bitcoin in 15 seconds and aims to accommodate those who are afraid of personal Bitcoin or online exchange bitcoin dealings.

An individual can insert a minimum of HUF 2000 and change them into Bitcoin, which will then be transferred to the user’s mobile wallet via QR scanner, or printed on a paper wallet. Bitcoin value is priced via the Bitstamp exchange, a Slovenian English owned market.

In the event if any trouble arises when interacting with the ATM, Octarine Labs offers support in English and Hungarian languages during Club Anker operating hours.

Hungary gets its first Bitcoin ATM at Budapest

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