NetworkNewsBreaks – Virtual Crypto Technologies
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Cryptocurrency-focused technology company Virtual Crypto Technologies Inc. (OTCQB: VRCP) this morning announced its plan to launch its bitcoin ATM at the TechCrunch Tel Aviv event taking place tomorrow, June 7, 2018. Virtual Crypto’s NetoBit ATM distinguishes itself from other bitcoin ATM platforms by enabling real time conversion, purchase and sale of bitcoin through the bi-directional platform. The product is available for purchase globally and presently supports most common currencies. “We continue to set standards for the burgeoning cryptocurrency sector. Our proprietary algorithm reduced the typical transaction time from 10 to 60 minutes to several seconds. At this stage, NetoBit ATMs combine that speed with the convenience of an ATM, giving customers the ability to buy and sell bitcoin with fiat money. The result is a vastly improved trading experience for customers, which we believe will be attractive to our business partners as well as consumers,” Virtual Crypto Technologies Ltd. CEO Alon Dayan stated in the news release.
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