Published 4 weeks ago • 3 minute read

Bitomat Announces Support of New Blockchain Networks for Cryptocurrencies

Toruń, Poland— Bitomat, the leading Bitcoin ATM operator, has announced a list of new networks for cryptocurrencies like USDT, ETH, and USDC. They are Polygon, Optimism, Arbitrum, and the recently launched Worldcoin. According to the team, this will provide users with more transaction options. Bitomat is sauntering an unwalked path as it is the only Bitcoin ATM provider to offer 100% anonymous transactions via these networks. 

Worldcoin, a recent addition to the digital currency landscape, aims to democratize access to cryptocurrencies on a global scale. Designed for swift and cost-effective transactions, Worldcoin aspires to foster financial inclusion by extending viable options to individuals who lack traditional banking access or face restricted financial services.

Bitomat Announces Support

Bitomat’s adoption of Worldcoin aligns with its steadfast dedication to delivering exceptional service. By embracing this innovation, Bitomat underscores its mission to advance global financial accessibility while enriching the transaction pathways available to its users.

Speaking to reporters, Bitomat's CEO unequivocally revealed Bitomat’s disdain for the current financial industry which extends to the banking staff.

We oppose the fractional reserve system and the role of banks in the continually increasing supply of fiat money. As anarcho-capitalists, we hold disdain for what is commonly understood as the financial system, and our disdain runs deep—it even extends to the staff of banking institutions. Our two main values are the right to privacy, and the lowest fees possible,” the CEO says.

Supporting New Networks for Cryptocurrencies

The Bitomat team is diligently addressing the factors that traditionally impact transaction velocity in Bitcoin ATMs, dismantling these barriers by implementing advanced network systems. By integrating Polygon, Optimism, and Arbitrum, this ATM operator harnesses the rapid processing capabilities inherent to these networks, achieved through their distinct consensus protocols.

With assets like ETH, USDT, and USDC available on Optimism, Arbitrum, and Polygon (note that Polygon doesn’t support ETH), Bitomat endeavors to accelerate Bitcoin ATM transactions, offering users the advantage of swift cryptocurrency exchanges across their kiosks scattered throughout Europe and South America.

Bitomat Announces Support 2

Bitomat’s dedication to advancing its service is unwavering, and several enhancements and events are on the horizon. At the forefront is a strategic promotion of Worldcoin, an innovative initiative by Sam Altman, the CEO of OpenAI.

Bitomat Bitcoin ATMs

Bitomat provides a reliable, affordable, fast, and anonymous ATM service. According to data from CoinATMRadar, Bitomat has the lowest fees, sometimes offering a 0% or even an extra earning of +3-4% depending on the occasion. Users can enjoy these benefits by subscribing to the Bitomat newsletter to stay abreast of new developments. First 40 subscribers will also receive a voucher worth around 20 EUR to try out the nearby ATM. After scanning at the device, voucher dispenses cash.

While other operators charge between 4% to 12%, Bitomat is the only one to have fees below the 2% mark. A testament to their commitment to delivering a genuinely low-cost and anonymous cash withdrawal and BTC purchasing service. 

Bitomat also boasts 100% anonymity for all transactions across networks in various countries that permit it. Some of these countries include Spain, Poland, Croatia, Ukraine, Slovakia, Bosnia and Herzegovina, Bulgaria, Cyprus, Czech Republic, Romania, Greece, and Chile with lenient KYC requirements. While there are cameras in all Bitomat ATM kiosks, users must remember that for the aforementioned countries that allow anonymous transactions, all of their buying/ selling activities are private. However, internal cameras are installed only for security purposes, and per the GDPR requirement,  this data is stored temporarily and deleted within a timeframe.

About Bitomat

Launched in 2017 by a team of blockchain and crypto enthusiasts, Bitomat is a reliable, secure, and privacy-focused Bitcoin ATM operator. In the last few years, over 200 kiosks have been opened across the globe with more underway. On a journey to promote financial independence and inclusivity, Bitomat supports Worldcoin to offer faster and remarkably cheaper crypto transactions. Additionally, the support of new networks like Optimism, Arbitrum, and Polygon is evidence of the team’s dedication to revolutionizing the Bitcoin ATM industry.

Media Contact

Company Name: Bitomat (previously Shitcoins.club)

Company Website: https://www.bitomat.com/

Social Contact

X: https://x.com/BitomatCom

Telegram: https://t.me/Shitcoinsclub/

Instagram: https://www.instagram.com/bitomat_official/

Reddit: https://www.reddit.com/r/Shitcoinsclub/?rdt=61915

YouTube: https://m.youtube.com/@bitomat-bitcoin?sub_confirmation=1

LinkedIn: https://www.linkedin.com/company/85664693/admin/inbox/thread/2-NDMxYzhhZDItOTAwZC00NjE2LWFmNzMtMjMyZTk2ZjAxOWYwXzAxMw==/

Map: https://www.bitomat.com/map

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