RATE Group | iQCashNow Cryptocurrency ATMs Integrate Dash, Expanding Accessibility
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iQCashNow Cryptocurrency ATMs Integrate Dash, Expanding Accessibility

iQCashNow Cryptocurrency ATMs Integrate Dash, Expanding Accessibility

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iQCashNow has integrated Dash into 250 of their ATMs located throughout Austria, Greece, Turkey and Spain thanks to integration efforts by Dash Embassy DACH.

Around 40% of iQCashNow’s ATMs are two-way, while the rest are only one-way, but they plan to only install two-way ATMs in the future, according to Gerald from iQCashNow. Consumers are able to purchase up to 500 EUR without verification, but for amounts over 500 EUR, consumers must complete “a one-time verification by means of official photo ID (ID card, passport or driver’s license)”, which is estimated to take 30 minutes, based on their FAQ page. Their fees vary by country, but have told Dash News that they charge 4% in Austria. Gerald believes that their ATMs significantly aid improve accessibility since, currently, “some clients are driving 5-600km to sell crypto for cash” and sees a reliable ATM network as an integral part of tapping into cryptocurrency’s wide adoption potential:

“The crypto…

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