EasyBit expands Global Bitcoin ATM Network Footprint to Vietnam

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(Ho Chi Minh City, VN — DECEMBER 19, 2016) — EasyBit (www.easybitllc.com), a world-leader in Bitcoin ATM (BTM) operations, today announced a partnership with Bitcoin Viet Nam (bitcoinvietnam.com.vn), Vietnam’s leading Bitcoin broker exchange service, to operate EasyBit’s BitAccess machines in Vietnam.  The first BTM is already operation in Ho Chi Minh City ( https://www.facebook.com/Bitcoin-ATM-Italianis-1623741104590595/ ) , and three additional BTMs are en route to Vietnam.

“We are very excited to partner with Bitcoin Viet Nam to bring two-way Bitcoin ATMs to Vietnam,” said Michael Dupree, Jr. , CEO of EasyBit. “We provide a safe, easy to use, quick, and compliant way to buy and sell bitcoin- giving a low-cost alternative to sending and receiving money to and from abroad.”

“We are glad to team up with such a strong and experienced partner in the BTM operator space in order to bring the benefits of this new technology to the Vietnamese market. While still in a nascent stage, FinTech is an increasingly hot topic in Vietnam – and we see this as one additional and important step in order to strengthen our position as market leader in the Digital Currency exchange landscape in Vietnam.” said Nguyen Tran Bao Phuong, CEO of Bitcoin Viet Nam.

According to the World Bank Vietnam is ranked #11 in international remittances in 2015 having received $13.2 billion up from $12 billion in 2014.  Bitcoin is an alternative to traditional international remittance methods, providing same-day, reliable and secure transfer of funds at a fraction of the usual costs.

The partnership’s first Bitcoin ATM is installed and operating from 10 AM to 1 AM at night,, 7 days a week at Italiani’s home made pizza restaurant  (https://www.facebook.com/Italianispizza/) in Ho Chi Minh City.  

About Bitcoin Viet Nam Co Ltd

Bitcoin Vietnam Co., Ltd., a Vietnamese Bitcoin startup founded in late 2013, is aiming to bring world-­class Bitcoin technology to the Vietnamese market. Bitcoin Vietnam Co., Ltd. started its operations in March of 2014 with the launch of its Broker Exchange Solution, which is enabling Bitcoin users and merchants in Vietnam to participate in the global Bitcoin Network. Bitcoin Vietnam Co., Ltd. is strictly committed to comply with all applicable rules and regulations regarding Bitcoin in Vietnam and therefore applying high standards of KYC/AML measures to prevent illicit usage of the company’s services. For more information visit: bitcoinvietnam.com.vn

About EasyBit LLC:

EasyBit is the world premier Bitcoin ATM company with over 60 machines in operation in over 10 countries. We provide a safe, easy to use, quick, and compliant way to buy and sell bitcoin through our digital currency kiosks.  More information about EasyBit can be found at: www.easybitllc.com

MEDIA CONTACT: Dominik Zynis, dz@ioresources.com

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