Bitcoin ATM Genesis1 lands in Queensland

Last updated on February 22nd, 2018 at 11:33 am

Queensland-based Bitcoiners can already buy and sell cryptocurrency without leaving the Australian state thanks to the new Bitcoin ATM that was recently installed in South Brisbane.

The machine, which can be found at The Roastery Cafe (25, Glenelg Street), is a Genesis1, manufactured by GenesisCoin. “There’s a lot of people who have been waiting for this. There’s Bitcoiniacs who have meetings everywhere every week, and these groups are growing rapidly”, Roastery Cafe co-owner Bruce Carrall told the Brisbane Times.

“I saw photos online of guys lining up out the door to use the machine so we looked into it. The turnover of these machines was incredible and they were spreading rapidly. They’re in the United States, United Kingdom, Singapore, Hong Kong and Canada”, he added.

The Genesis1 is slightly different from the usual Bitcoin ATMs. Besides dispensing and taking BTC, the machine also accepts and sells Litecoin and Dogecoin.

Besides welcoming the machine and its users, The Roastery Cafe will also be accepting cryptocurrency for its products.

Featured image from Imgur.com

Bitcoin Video Crash Course 

Join over 94,000 students and know all you need to know about Bitcoin. One email a day for 7 days, short and educational, guaranteed.

We hate spam as much as you do. You can unsubscribe with one click.

Leave a Reply

3 Comments on "Bitcoin ATM Genesis1 lands in Queensland"

avatar
 
  Subscribe  
newest oldest most voted
Notify of
Mike
Guest
Mike

Hello
We at Hitbtc are looking to advertise our site on the most trusted media outlets. As such, we would be very interested in placing a banner on your website, and would be grateful if you could let us know the price on a per month and per week basis. Please also let us know if you currently accept Bitcoin for payment.
BR
Mike

bitcoin-atm-genesis1-lands-in-queensland