These days you can find a Bitcoin fan, Bitcoin mining enthusiast or a Bitcoin curious person in every single corner of the world. Heck, you can even seem to find a Bitcoin ATM everywhere you go. Now, those of you who happen to visiting or perhaps live in the Australian Capital City of Canberra, have a chance to buy and sell Bitcoin using a Bitcoin ATM conveniently located the RUC at Turner.
The RUC is a small but very popular club in Canberra visited by many locals and tourists alike. The ATM’s operator, Bit2Bit, actually refers to the machine as a CTM, or cryptocurrency teller machine. Users can go beyond buying or selling Bitcoins as the machine also offers the option to use other crypto currencies such as Litecoin and Dogecoin. RUC’s manager, Ned Scanlon, said “When Bit2Bit approached us with their CTM we knew it was the right fit for us. We know the importance of keeping up to date with the latest technology and innovations relevant to the club and pub environment – we have a coffee app and provide access to free WiFi.”
This particular machine is a Genesis1 unit, produced by California-based Genesis Coin. According to Alex Hume, Bit2Bit co-founder, “The aim of our company is to move cryptocurrencies into the everyday retail world. Until recently, they have been mostly traded as an investment or seen as a curiosity.”