“We are very excited to partner with Bitcoin Vietnam to bring two-way Bitcoin ATMs to Vietnam. We provide a safe, easy to use, quick, and compliant way to buy and sell bitcoin- giving a low-cost alternative to sending and receiving money to and from abroad,” Michael Dupree, Jr., CEO of EasyBit told in a release.

The first BTM (Bitcoin ATM) of the partnership is already in operation in Ho Chi Minh City and three additional BTMs are en route to Vietnam. The first BTM is installed and operating from 10 AM to 1 AM at night and 7 days a week at Italiani’s home-made pizza restaurant.

“We are glad to team up with such a strong and experienced partner in the BTM operator space in order to bring the benefits of this new technology to the Vietnamese market. While still in a nascent stage, fintech is an increasingly hot topic in Vietnam – and we see this as one additional and important step in order to strengthen our position as market leader in the digital currency exchange landscape in Vietnam,” Nguyen Tran Bao Phuong, CEO of Bitcoin Vietnam said.

Recently, EasyBit announced the opening of six new bitcoin ATM locations in the United States including three in Georgia and one each in Texas, Hawaii, and Utah.

EconoTimes - December 20, 2016