AlphaVend today switched on its first UK Bitcoin ATM machine in Alisons General Store, just off London’s famous Piccadilly Circus.
Customers can download an app on their smartphone and in seconds buy Bitcoin with cash.
London has a handful of Bitcoin ATMs already but most are either in rather remote spots in outer London, or are frequently out of service, or have even vanished by the time the customer has travelled to the location.
By installing a machine just yards from Piccadilly Circus, AlphaVend aims for this Bitcoin ATM to be as central as possible, and to be easily accessible on all tube lines into Oxford Street, Leicester Square, Tottenham Court Road, and Green Park.
AlphaVend stated they already secured multiple other premium Locations in London and other cities and will roll out more machines in the coming weeks.