About Byecoin
All you need to know about Byecoin
We are ByeleX, the Next Innovation Company, active since 1994. A high-tech software developer from The Netherlands and we have implemented innovative and ground-breaking solutions for hundreds of organizations since.
Active are we in the Blockchain- and crypto space for several years now and the inventors of the first legal crypto shares in 2017. In The Netherlands we were the first in 2014 operating Bitcoin ATM’s.
How does it work?
We offer a great business model for everyone owning a safe public location where large crowds are passing by. You will sell Crypto’s for Cash. We work together with one of the best Bitcoin ATM suppliers in the world, called Lamassu. We deliver powerful dashboard software enabling location owners to track revenues real-time. Next to Bitcoin and Ethereum other crypto currencies can be sold, if demand requires this.
We always work with approved cash logistic companies for the replenishment of the ATM’s and we are obliged and committed to report unusual transactions at the FIU (Fiscal Intelligence Unit).
Our regular fee is 10% and we use a fixed fee of €10,- for Bitcoin and €20,- for Ethereum per transaction.
The Byecoin app has its own virtual currency wallet (Wallet), with which you can easily receive and send Bitcoin and Ethereum (crypto). Only with this Wallet you can purchase crypto at our ATMs. And you will be guided through the process via the instruction on the ATM. Cash is converted to Bitcoin or Ethereum in a few easy steps.
Safe, Fast and Simple.
