You’ll need a bank account to use UnionBank’s new Bitcoin ATM

You’ll need a bank account to use UnionBank’s new Bitcoin ATM
ôîòî ïîêàçàíî ñ : thenextweb.com

2019-4-4 15:10

UnionBank (UBP), the seventh largest bank in the Philippines officially got itself into the cryptocurrency game this week, but there’s a catch. Users will be required to use a UBP bank account to exchange funds to and from virtual currency.

After announcing its proposed roll out back in February, UnionBank launched its first bank-based cryptocurrency ATM this week, the bank confirmed to Hard Fork. It will only serve Bitcoin at the moment, though. UnionBank has not confirmed if it will offer other cryptocurrencies in the future. The ATM is located in “The ARK,” UnionBank’s first fully digital branch, launched back…

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A Major Philippine Bank Just Launched Crypto ATMs and it May Fuel Massive Bitcoin Adoption

According to local publications, Union Bank of the Philippines, one of the largest commercial banks in the Philippines, has launched the country’s first crypto ATM. The bank said in an official statement obtained by Philstar that the purpose of the ATM is to provide local users an easy way to convert cryptocurrency to fiat and vice versa.

2019-2-11 10:52


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