On June the 20th, Schiphol Airportannouncedthe installation of its first cryptocurrency ATM. According to the blog post released by the airport, this is going to be the first cryptocurrency ATM installed in a European airport.
However, it was made clear that this installation is currently on a six-month trial, to ensure that the ATM is put through the works before a possible expansion. This ATM was provided by an Amsterdam-based technology firm, ByeleX Data Solutions, which recently opened up a cryptocurrency ATM division.
ByeleX Director, Herman Vissia, gave a positive statement regarding the ATM to the airport, stating:
“We are excited that Schiphol is willing to join us in exploring ways to introduce passengers to the new cryptoreality.”
Some have begun to fear that this could be an unsuccessful venture, but Tanja Dak, a representative from the airport, said:
“With the Bitcoin ATM, we hope to provide a useful service to passengers by allowing them to easily exchange ‘local’ euros for the ‘global’ cryptocurrencies Bitcoin and Ethereum. That can be beneficial if, for instance, it’s not possible to spend euros in their home country.
It has become apparent that the airport’s team believes that this move towards accepting cryptocurrencies will be well received by customers. Schiphol Airport has become one of the largest airports in the world, being a hub of international travel and accepting upwards of 68 million tourists each year. Introducing a cryptocurrency ATM, albeit only one, should prove to be a great way for one of the world’s largest airports to expose millions of travelers to this growing industry.