News

Bitcoin kiosks come to Colombia

July 13, 2016

Bitcoin broker and payment processor Coinapult has deployed 300 bitcoin kiosks across the nation of Colombia. The kiosks will allow users to purchase bitcoins with Colombian Pesos, according to a company announcement.

Coinapult designed the kiosk to make the bitcoin purchasing process as easy as paying bills, according to the release. Kiosk users simply enter their email address to receive their bitcoins after purchase. 

Bitcoin is a decentralized virtual currency that was created in 2009 by an anonymous figure using the pseudonym Satoshi Nakamoto. Nakamoto designed bitcoin as an alternative to fiat currencies.