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Bitcoin Suisse Adds Another Bitcoin ATM to Its Network


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Bitcoin Suisse AG, a Switzerland based bitcoin and digital currency solutions provider has launched its Bitcoin ATM service Bern, the capital of Switzerland. The installation of new ATM in Bern has now expanded the number of Bitcoin ATMs in its network to three.

The company, Bitcoin Suisse is located in Baar, Switzerland. The range of service offered by the company includes Bitcoin Brokerage, Bitcoin ATMs, Consulting services on digital currency, training and seminars on bitcoin and other virtual currencies and they also issue physical bitcoin or bitcoin certificates. With the inclusion of latest Bitcoin ATM, the company now has two way Bitcoin ATMs installed in Bern, Zurich and St Gallen in Switzerland. Bitcoin Suisse’s two way Bitcoin ATMs are manufactured by BitXatm and they are capable of printing paper wallets. The company charges a transaction fee of 5 percent from the Bitcoin ATM users.

All Bitcoin Suisse’s Bitcoin ATMs have different maximum withdrawal limits, especially for unregistered clients. While the latest one in Bern having a maximum limit of $2000 CHF per day while the other two Bitcoin ATMs have a daily transaction limit of 500 CHF per day. Apart from bitcoin, the company also has a BTC/Ether trading pair for Ethereum Network.

Bitcoin Suisse is one of the legally complaint company that has been operating in the country after obtaining all the required legal permissions from the concerned departments in the country. Bitcoin Suisse has all the required AML and KYC norms in place. Furthermore, with the intention of preventing any misuse the company has limited each transaction to CHF/EUR 250. Apart from that, they also constantly monitor their BitXatm’s activity on blockchain along with real-time video surveillance of the Bitcoin ATMs.

Apart from the three two-way BitXatms, Bitcoin Suisse also has a one-way Lamassu Bitcoin ATM in its network.

READ MORE: Greece to Get 1000 Bitcoin ATMs, Thanks to Cubits and BTCGreece

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