GENERAL BYTES, a Prague-based bitcoin ATM manufacturer, has installed 10 new cryptocurrency ATMs throughout the Prague subway. With this latest move, commuters using the busy Prague Metro can buy and sell virtual currencies on the go. One of the busiest metros in Europe, over 1.2 million people pass through the Prague subway daily.
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The company published an update on its website[2] where it provides a detailed description of the location of each ATM. The new machines were installed in Můstek, Nádraží Veleslavín, Dejvická, Florenc, Černý Most, Zličín, Pankrác, Flora, Skalka and Hlavní Nádraží.
According to Coinatmradar.com[3], the Czech Republic now has 46 bitcoin ATMs, with 34 of these ATMs concentrated in Prague. Of the 3,138 bitcoin ATMs manufactured globally, GENERAL BYTES has now manufactured[4] 27.63 percent, with their machines installed in every major city in the world[5]. Their ATMs support the purchase and sale of bitcoin, litecoin, dash and monero.
In conversation with Bitcoin Magazine, Martijn Wismeijer, Marketing Manager of GENERAL BYTES, described his company as "veterans in the blockchain space who have been there from the very beginning.” He pointed out that the company was “the first to introduce sending cryptos via email” as well as the creator of the first BATMOne models.
Wismeijer said his company offers "seven different cryptocurrency ATM models as well as a point-of-sale (POS) called CortexPay.” These crypto ATM models are all based on a similar code base; however, he also explained that, even though the machines were similar in code base, there are some minor differences in the hardware design and a range of additional features. These features include the capacity of the acceptor, dispenser and recycler combinations as well as the acceptance of
