Menu

Search

  |   Digital Currency

Menu

  |   Digital Currency

Search

Moscow gets first physical bitcoin exchange

First physical bitcoin exchange office has been opened in Moscow by a team of bitcoin enthusiasts that serves 24/7 offline service for exchanging the digital currency.

According to ForkLog.com, the bitcoin exchange point is located at Novy Arbat. The founders of the offline bitcoin service previously worked through the online LocalBitcoins service under the name of BTC24pro (loosely translated).

The exchanger at present allows only ‘one-way’ exchange where the customers are allowed only to buy bitcoins and the exchange is carried out exclusively in private. If the project is successful, the team plans to officially register the offline exchange service to avoid hassles with law-enforcement authorities.

The 24-hour open exchange office allows customers to buy bitcoins for cash and cashless payments and offers a bonus of 4% from the BTC-e-exchanges during the day and 10% in the night (loosely translated).

  • Market Data
Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.