Currently we are aware that we don’t support Bech32 addresses (Bitcoin addresses that start with ‘bc1’ or Litecoin addresses that start with ‘M’) This is a limitation of the software of Lamassu. The good news is that a fix will be released soon. For the time being please don’t use wallets that have use bech32 addresses.
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.
What do we offer?
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).
How does it work for the user?
In mutual agreement with the location owner we establish the cash limits for the ATM. The user of the ATM has a crypto wallet like Bitpay, or any other, installed on his smartphone and will be guided through the purchasing process via clear instructions on the ATM itself. In just a few simple steps cash is being converted to Bitcoin or Ether.
Safe, Fast and Simple.
What do we require?
Besides a safe, reliable and well visited location we require a real hotspot location and a 220V connector. The Internet connectivity is organized by the ATM itself.
As simple as that!