The company is developing a network of ATMs together with Auchan. The company also plans to reach a network of ATMs in and address the NGO segment through a pilot program that occurs during the pandemic. Bitcoin Romania, a cryptocurrency trading platform launched in April by Constantin and George Rotariu, plans to increase the number of users by 50, people this year and the number of ATMs from 50 currently to at the end of the year.
Bitcoin Romania is the company that in brought the first crypto ATMs in Continental Europe, meanwhile becoming the most extensive network locally. This has proven to be a good step as our partners are happy with the performance of their ATMs.
We currently have the same goal — to provide bitcoin challenge coin secure and fast infrastructure for Bitcoin trading.
The pandemic slowed down the development of many businesses. We felt this in terms of growing the ATM network: we had to adapt, to prevent supply problems, find other places for the spaces where we wanted to open ATMs and were restrictions.
Auchan hypermarkets currently have ten cryptocurrency ATMs. More and more companies use Bitcoin: PayPal, Tesla, Rakuten are just some of the companies that accept cryptocurrencies as a payment solution.
Such companies push the market. Financial analysts have also moved from a negative to an optimistic attitude and institutional investors such as Square and MicroStrategy have invested heavily in Bitcoin.
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All these factors contribute to the growth of Bitcoin. Thus Bitcoin Romania launches an instrument through which, during the pandemic, non-governmental organizations can generate a monthly income by operating an ATM. Bitcoin Romania aims to reach ATMs by the end of Last year, the company launched pro.
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