Bitcoin wallet too services provider Coinapult has revealed an integration amongst Punto Pago, a kiosk operator, which volition run into 300 kiosks right away sell bitcoin to Colombians across the country.
Panamanian startup Coinapult, co-founded by Erik Vorhees in 2012 too headquartered inwards Panama City has announced a novel evolution which volition run into bitcoin buying made easier inwards Colombia. A partnership with Punto Pago, a kiosk operator that enables everyday Colombians to pay for mobile, telephony too broadband bills too more, volition hateful that bitcoin tin right away live on bought at 300 kiosk locations across the country.Coinapult is notable for its “Locks” service which allows users to ‘lock’ the value of their value of bitcoin inwards fiat equally a safeguard against cost volatility. Fundamentally, if a client locks $10,000 worth of bitcoins today, $10,000 inwards bitcoins tin live on cashed out at whatever bespeak at a afterwards time, regardless of bitcoin cost at that time.The automated machines are similar to an over-the-counter arrangement wherein users tin pay amongst Colombian fiat pesos. Users volition too live on asked to operate inwards their e-mail address, which is where they volition run into their purchased BTC delivered. The prices for the cryptocurrency volition live on displayed inwards Pesos, amongst a newspaper receipt handed to the user upon completion of the transaction, much similar a bitcoin ATM. In March 2015, the Panamanian startup was the victim of a breach which saw its hot wallet compromised to the melody of 150 bitcoins, only about $43,000 USD at the time.
Later that month, Coinapult announced a collaboration with blockchain startup Factom.
“Coinapult volition create goodness past times providing data to our users close the security of their funds. This has been 1 of our most pop user requests,” Coinapult CEO too co-founder Ira Miller told CCN at the time.
The company’s latest attempt is certainly to create goodness bitcoin awareness too adoption inwards Colombia, amongst the cryptocurrency increasingly existence seen equally a shop of value for the mutual investor.
Images from Shutterstock too Punto Pago.