Buy Bitcoin for Cash in Ukraine

A network of almost 5,000 payment terminals across the country in the Ukraine now lets customers to buy Bitcoin for cash without any hassle.

Country’s National Credit Bank is currently managing the network that enables customers to purchase vouchers for Bitcoin from a recently launched company called BTCU.

The buying process is really simple, after the buyers deposit cash in the terminal they will obtain a voucher with an activation code either printed on a receipt or by SMS message to their mobile phones. The purchasers then can go to the BTCU’s site and claim their Bitcoin by entering the activation code there.

Users can buy mobile phone credit and pay the utility bills including various other functions on these terminals knows as BNK-24.

BTCU has started providing their service this month and are aiming to make Bitcoin far more accessible for the Ukrainians.

Evgeniy Dumchev, executive from the National Credit Bank, who is in charge of the payment terminals has confirmed that it is now possible to buy Bitcoin on their machines.