{"id":226,"date":"2014-06-11T08:12:00","date_gmt":"2014-06-11T08:12:00","guid":{"rendered":"http:\/\/blog.holytransaction.com\/tel-aviv-to-get-first-bitcoin-atm-in\/"},"modified":"2014-06-11T08:12:00","modified_gmt":"2014-06-11T08:12:00","slug":"tel-aviv-to-get-first-bitcoin-atm-in","status":"publish","type":"post","link":"https:\/\/holytransaction.com\/blog\/2014\/06\/tel-aviv-to-get-first-bitcoin-atm-in.html","title":{"rendered":"Tel Aviv to get first Bitcoin ATM in Middle East"},"content":{"rendered":"<div class=\"separator\" style=\"clear: both; text-align: center;\">\n<\/div>\n<div class=\"separator\" style=\"clear: both; text-align: center;\">\n<\/div>\n<div class=\"separator\" style=\"clear: both; text-align: center;\">\n<\/div>\n<div class=\"separator\" style=\"clear: both; text-align: center;\">\n<\/div>\n<div class=\"separator\" style=\"clear: both; text-align: center;\">\n<\/div>\n<div style=\"text-align: justify;\">\n<i><b>The new machine will allow users to buy and sell their bitcoin at all hours of the day and night without going through bureaucracy.<\/b><\/i><\/p>\n<p><\/p>\n<div class=\"separator\" style=\"clear: both; text-align: center;\">\n<a href=\"https:\/\/holytransaction.com\/blog\/wp-content\/uploads\/2014\/06\/3553542429.jpg\" imageanchor=\"1\" style=\"margin-left: 1em; margin-right: 1em;\"><img loading=\"lazy\" decoding=\"async\" border=\"0\" height=\"231\" src=\"https:\/\/holytransaction.com\/blog\/wp-content\/uploads\/2014\/06\/3553542429.jpg\" width=\"400\" \/><\/a><\/div>\n<p><\/div>\n<div style=\"text-align: justify;\">\n(<a href=\"http:\/\/www.haaretz.com\/business\/1.597987\">Haaretz<\/a>) The first <a href=\"https:\/\/holytransaction.com\/page\/what-is-bitcoin\">Bitcoin<\/a> automatic teller machine in the Middle East will be<br \/>\n launched in Tel Aviv on Wednesday. Bitcoin is a peer-to-peer virtual<br \/>\ncurrency that allows for transactions between users without any third<br \/>\nparty or middle man.<\/p><\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\">\n<\/div>\n<div style=\"text-align: justify;\">\nThe<br \/>\n &#8220;cash-out capable Bitcoin vending machine,&#8221; made by American company<br \/>\nRobocoin, has several security features built in to prevent theft and<br \/>\nfraud that are compliant with anti-money laundering regulations,<br \/>\naccording to a press release.<\/p><\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\">\n<\/div>\n<div style=\"text-align: justify;\">\n\u201cThe<br \/>\n launch of the first Bitcoin ATM in the Middle East will allow any<br \/>\nperson with no previous knowledge of bitcoin and how it works to easily<br \/>\nbuy and sell bitcoin 24\/7 bypassing the bureaucracy of the banks,&#8221;<br \/>\nBitbox CEO Nimrod Gruber said. Bitbox the company bringing the first<br \/>\nBitcoin ATM in Israel.<\/p><\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\">\n<\/div>\n<div style=\"text-align: justify;\">\nUntil now, all transactions had to either go through a bank or through private trading, which lacked credibility.<\/p><\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\">\n<\/div>\n<div style=\"text-align: justify;\">\nAccording<br \/>\n to Gruber, many people are looking for an easy way to sell or buy their<br \/>\n bitcoin for local currency, and this ATM will allow them to do so.<\/p><\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\">\nForeign<br \/>\n workers, for example, can buy bitcoins in shekels and have their<br \/>\nfamilies withdraw cash in local currency at a bitcoin ATM in their<br \/>\ncountry.<\/p><\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\">\n<\/div>\n<div style=\"text-align: justify;\">\nThe launch takes place Wednesday night at the TOWN-HOUSE TLV hotel, 32 Yavne St. at the corner of Rothschild Blvd.<\/p><\/div>\n<p>Open your free digital wallet <a href=\"https:\/\/holytransaction.com\/app#!\/signup\">here<\/a> to store your cryptocurrencies in a safe place.<\/p>\n<!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>The new machine will allow users to buy and sell their bitcoin at all hours of the day and night without going through bureaucracy. (Haaretz) The first Bitcoin automatic teller machine in the Middle East will be launched in Tel Aviv on Wednesday. Bitcoin is a peer-to-peer virtual currency that allows for transactions between users [&hellip;]<!-- AddThis Advanced Settings generic via filter on get_the_excerpt --><!-- AddThis Share Buttons generic via filter on get_the_excerpt --><\/p>\n","protected":false},"author":1,"featured_media":770,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7,37,76,83],"tags":[704,764,772],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v19.6 (Yoast SEO v22.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Tel Aviv to get first Bitcoin ATM in Middle East -<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/holytransaction.com\/blog\/2014\/06\/tel-aviv-to-get-first-bitcoin-atm-in.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Tel Aviv to get first Bitcoin ATM in Middle East\" \/>\n<meta property=\"og:description\" content=\"The new machine will allow users to buy and sell their bitcoin at all hours of the day and night without going through bureaucracy. 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