The BATM is a two-way device that will accept euro, dollar and Bulgarian lev deposits.
Also read: Eastern Europe: Regulation Postponed, Tax Abandoned, Banks Enlightened
Two-Way Bitcoin ATM in Sofia
The new BATM will be available to residents and visitors of Sofia, the capital of Bulgaria, from Monday.
The teller machine supports two-way transactions for several cryptocurrencies including bitcoin (BTC), bitcoin cash (BCH), ethereum (ETH), litecoin (LTC), and monero (XMR).
The device is installed in The Mall, one of the popular shopping centers in Sofia located on the way from the airport to the city’s center.
The crypto ATM is operated by a local exchange, DG Cash, which shared the news of the launch on social media.
A crypto teller machine exchanging a number of cryptocurrencies with fiat, including bitcoin (BTC) and bitcoin cash (BCH), will be operational next week in a Sofia mall. The BATM is a two-way device that will accept euro, dollar and Bulgarian lev deposits.
Kraken Exchange’s decision to delist Monero (XMR) sent shockwaves across the cryptocurrency space. Trading and deposits for Monero in the European Economic Area (EEA) will be shut off before the end of October, 2024.
A strong outlier in the current market situation, Monero (XMR) moves against the broader downturn that plagues the market. According to CoinGecko, Monero gained nearly 13% since last week, putting the coin under the spotlight as one of the strongest gainers within the bear market.
LocalMonero is a peer-to-peer (P2P) trading platform for privacy-focused coin Monero (XMR). The platform is winding down, with the website set to shutter on November 7. LocalMonero, the largest peer-to-peer (P2P) trading platform for Monero (XMR), is shutting down.
Monero’s XMR token has fallen to its lowest point against Bitcoin in the last eight years amid regulatory pressure on privacy-focused blockchain networks. According to CoinMarketCap data, the XMR-BTC chart reached as low as 0.
Kraken has announced it will delist Monero (XMR) from its exchange in Ireland and Belgium. Other exchanges, including Binance, have previously delisted XMR amid regulatory scrutiny. XMR price was at $132, largely flat after the Kraken news.
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