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Ahead of the present bearish market situation, some renowned cryptocurrencies have been handed huge adoptions that might create a turnaround in the market.
Just today, it came to Today’s Gazette’s noticed that the first crypto-ATM on Bahnhofstrasse, one of the world’s most expensive and exclusive shopping avenues, has been installed.
According to the update, the crypto-ATM on Bahnhofstrasse will immediately offer buying and selling of digital currencies like Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC) and Ripple’s XRP.
The ATM machine can be found at the Falcon private bank at Pelikanstrasse, D-Vino wine bar at Limmatplatz, and at Bellevue.
The CEO Värdex Suisse, Swiss crypto-ATM network operator, Raphael Scalise, said there has been increase in demand for blockchain services in recent times.
“We are seeing increasing demand for our payment and blockchain services, and more and more from Swiss banks. We intend to further expand our existing blockchain ATM network and steadily expand the entire product portfolio for blockchain and payment services,” Scalise stated.
The financial center in Zurich is trying to keep the situation of things up to date. While the likes of Credit Suisse and UBS are under investigation over suspected boycott of mobile payment, the latest development could help push mainstream adoption for the crypto coins.
The Zurich’s main downtown street, Bahnhofstrasse, was created in 1864 when the city’s fortifications were demolished. In 2011, Bahnhofstrasse was ranked the most expensive street for retail property in Europe.
H&B Exchange To List Bitcoin (BTC), Litecoin (LTC), Ethereum (ETH), And Ripple (XRP)
A crypto currency exchange based in Hong-Kong, H & B exchange has confirmed that it would be listing BTC, LTC, ETH, and XRP, amongst some other 12 coins on their platform for trade. H & B exchange is yet to begin operation and it will be going life on March 28th, 2019.
While on the second phase of its ICO, H&B exchange stated that it aims at having 100 types of coins/tokens on it platform on its grand opening day.