BTM machine is launched: you can withdraw Bitcoin by scanning the QR code with your mobile phone

Everyone is familiar with ATM machines. Many people call them automatic teller machines. Bank card users can use them to perform bank counter services such as withdrawals, deposits, and transfers.

But have you heard of BTM machines? Recently, a video showed that the Blockchain (Shenzhen) R&D Center has developed a BTM machine that can be used to withdraw cash as long as you have Bitcoin.

In the video demonstration, when the user enters the withdrawal amount, virtual currency exchange services such as Bitcoin to RMB, Litecoin to RMB, and Ethereum to RMB will pop up.

After selecting the currency, you can use your mobile wallet to scan the QR code to withdraw cash with a more real-time "exchange rate" and even receive a special receipt.