Express Minds, a startup is striving to convert Botwanians into cryptoers. As a move, it sets up the Bitcoin automated teller machine(BATM) in Gaborone. The Machine allows users to exchange fiat currency to bitcoin.
How To Use BATM
The exchange or purchase of bitcoin can be done by the following steps. The users have to scan their crypto wallet address.Then, feed money into the machine and get the equivalent bitcoin assigned to the wallet.
Aim is Crypto Adoption
The BATM is expected to improve mainstream adoption of cryptocurrencies.The company situates the machine in a shopping mall in the hope of uptakings. The transaction with out human intervention can attract customers who are aware of the bad reputations of some exchanges and individual partners.
Express Is Striking Very Hard
Goabaone Brose Watlala, director of Express Minds,said the BATM can currently handle only transaction limit upto $5k. The director reported that the company is working harder for the people of Botswana to adopt cryptocurrency.
“We have been working tirelessly to make it easier for Batswana [people of Botswana] to buy cryptocurrencies and now we are bringing simplicity, convenience and trust to the cryptocurrency purchasing experience,This one way machine is still the easiest, fastest and safest way to buy bitcoin”.