South Africa is set to launch the first fully functional bitcoin ATM in the nation. Way back in 2014, the country had launched a similar ATM. But the ATM wasn't fully operational and had to be shut down. Read on to know more!
Source : https://coinfrenzy.io/south-africa-bitcoin-atm/Sout Africa is one of the few countries which support cryptocurrencies and continuously making efforts to increase the popularity of cryptocurrencies. The country has set to launch the first fully functional bitcoin ATM.
The main point is that South Africa is not the only country in Africa to launch a Bitcoin ATMs, there are many other African countries interested and planning to launch fully functional bitcoin ATMs. According to a report, South Africa show that more than 300,000 users were involved in cryptocurrency transaction at the end of 2017. There is also past surveys which have that 47% of South Africas population is willing to invest in Bitcoins and other cryptocurrencies.