Crypto Dispensers has transitioned from operating a Bitcoin ATM network to offering a software-based platform for cash-to-Bitcoin transactions. This new model allows users to deposit cash in-store and receive Bitcoin directly to their wallets, eliminating the need for traditional ATMs. The platform aims to reduce transaction fees, enhance security with capped deposit limits, and require in-person verification.
Founded in 2017, Crypto Dispensers' innovative approach targets cash-preferred users, the unbanked, and individuals with limited access to traditional financial systems. By removing third-party custody, the company seeks to provide a more secure and accessible way for users to engage with cryptocurrency.
Crypto Dispensers Launches Software-Driven Cash-to-Bitcoin Platform
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