BitAccess : A Rising Star Among Bitcoin ATM Manufacturers

The news about Bitcoin has been bleak these days. The words like ‘scam’ and ‘Ponzi scheme’ are thrown in the mix without giving real evidence that is based on objective facts or data. So let us take a look at the companies that are Bitcoin-related. The first company that we are going to look at is BitAccess.
Who or what is BitAccess? BitAccess inc is located in Ottawa, Canada. This Canadian company was founded in November 2013. The main focus of the company is making Bitcoin easily accessible for everyone. They accomplish this by using their Bitcoin Automatic Teller Machines, which are operational in 26 different countries already.
How is it that BitAccess inc. so successful? First you have the near perfectly executed business strategy, which is making Bitcoin easy to access. This is accomplished by allowing the BTM’s to accept multiple currencies such as Euros and Pounds Sterling, US/Canadian Dollars and Pounds Sterling or a local currency and US/Canadian Dollars, etc. the combinations are endless. Add to that the option to create a free paper wallet and Bitcoin accessibility is even easier than a local bank ATM.

This post was published at Crypto Articles on February 3, 2015.