Czech firm has placed more bitcoin ATMs in Slovakia

New bitcoin ATMs can be found in Žilina and Banská Bystrica.

Bitcoin ATMs can be found in Poprad, Prešov, Michalovce, and Bratislava. Two more have been added up to the list.Bitcoin ATMs can be found in Poprad, Prešov, Michalovce, and Bratislava. Two more have been added up to the list.(Source: SITA/AP)

The Czech cryptocurrency firm, WBTCB, has installed two new bitcoin ATM machines in Slovakia, as reported by the ČTK newswire.

The WBTCB installed them in the Slovak towns of Žilina and Banská Bystrica, by which the company increased the total number of bitcoin ATMs to more than 40 in both countries, Slovakia and the Czech Republic.

Read also:Finance minister plans to start taxing bitcoin Read more 

In addition, the firm has launched a customer service in Slovak within the Bitstock platform. It is also planning on installing more ATM machines by the end of 2019 and extending cooperation with the GECO stores, which exchange bitcoins in 34 places around Slovakia, the ČTK wrote.

Bitcoin ATMs can be found in Poprad, Prešov, Michalovce, all located in eastern Slovakia, and two machines in Bratislava.

WBTCB's revenues have gone up

The popularity of bitcoins among Slovaks and Czechs has increased in recent months. It is related to strengthening exchange rates.

The WBTCB's revenues in Slovakia have risen by 193 percent this year. They should go up in the second half of this year as well.

“While we recorded an increase in revenues by 25 percent in January, it was by 500 percent,” said Martin Stránský, WBTCB owner, as quoted by the ČTK newswire.

Bitcoin is currently traded for about €12,000, which is more than a double compared with May.

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