Home / Crypto Currency / Amsterdam Airport Lets Travelers Swap Leftover Euros for Crypto

Amsterdam Airport Lets Travelers Swap Leftover Euros for Crypto

Schiphol – the international airport serving the Netherlands' capital city, Amsterdam – is launching an ATM that will allow travelers to exchange their euros for bitcoin or ethereum.

The airport explained in an announcement on Wednesday that the machine is being located in the departures terminal, since it will offer travelers an option to convert their remaining euros to the two popular cryptocurrencies when they leave the country.

The new ATM service – facilitated through a partnership with Dutch software firm ByeleX – is currently at the beginning of a six-month trial period to determine if there is sufficient demand from travelers, the release indicates.

Tanja Dik, director of Consumer Products & Services at Schiphol, commented:

"With the bitcoin ATM, we hope to provide a useful service to passengers by allowing them to easily exchange 'local' euros for the 'global' cryptocurrencies bitcoin and ethereum. That can be beneficial if, for instance, it's not possible to spend euros in their home country."

The effort comes as other international airports are starting to embrace the idea of cryptocurrency as a potentially beneficial added service for their customers.

Earlier this year, Australia's Brisbane airport also announced a plan to roll out a crypto payment option for consumers shopping at retail outlets across the terminal.

Schiphol airport image via Shutterstock

The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.

Read more

Check Also

China Sees 454% Increase in Companies with ‘Blockchain’ in Name

Today’s $1,000 bitcoin price rally aside, the cryptocurrency market might be enduring a bear cycle triggered by vanishing consumer interest, but blockchain, it seems, is still big business — particularly in China. Citing government data sourced from Chinese-language outlet Qixin, the South China Morning Post reports that, from Jan. 1 to July 16, 3,078 China-based The post China Sees 454% Increase in Companies with ‘Blockchain’ in Name appeared first on CCN

Leave a Reply

Your email address will not be published. Required fields are marked *

Disclaimer: Trading in bitcoins or other digital currencies carries a high level of risk and can result in the total loss of the invested capital. theonlinetech.org does not provide investment advice, but only reflects its own opinion. Please ensure that if you trade or invest in bitcoins or other digital currencies (for example, investing in cloud mining services) you fully understand the risks involved! Please also note that some external links are affiliate links.