THELOGICALINDIAN - The additional better absolute ATM deployer in Australia Stargroup has active a collective adventure acceding with blockchain acquittal solutions aggregation Digitalx to catechumen their absolute ATMs into Bitcoin ATMs BTMs The acceding is for Stargroups absolute all-around arrangement starting with Australia area it has deployed over 500 ATMs and manages 2400 added via its accessory Starlink
Also read: Australia Introduces Bill That Regulates Bitcoin Exchanges
Digitalx & Stargroup
Digitalx Limited has active a collective adventure acceding with Perth-based Stargroup Limited. The two companies will “jointly action and clothier a ‘two-way ATM’ band-aid for affairs and affairs bitcoin,” they appear on Monday.
Under the agreement, Stargroup will advance software for their ATMs that allows users to buy and advertise bitcoin. Digitalx will advance an API to facilitate bitcoin affairs application this software. 
The two companies will allotment in the transaction fees answerable at the ATMs.
“Stargroup is admiring to accomplice with Digitalx on this activity and advantage its different buying of its ATM architect to advance a two-way ATM area a bitcoin buyer can not alone buy bitcoin but added chiefly can banknote their bitcoin out,” CEO Todd Zani commented, abacus that:
In May, Stargroup appear that it had become the cardinal two absolute ATM deployer in Australia, additional alone to DC Payments limited. The third better is Next Payments, followed by Cash Connect, Bendigo Bank, and Suncorp.
Stargroup ATM Network
Stargroup is the alone ASX-listed aggregation deploying ATM machines in Australia, according to the company’s website. The advertisement detailed:
Starlink is the company’s wholly-owned subsidiary. Stargroup also has a absolute buying absorption in Neo ICP Korea Inc, a Korean ATM manufacturer. “Neo ICP Korea has about 16,000 ATMs and aback appointment machines in South Korea, bringing the absolute cardinal of ATMs managed abutting 19,000,” according to the announcement.
Currently, there are beneath than 20 ATMs in Australia that can facilitate bitcoin transactions, the accumulation described, abacus that their fees ambit from 4% to 8% of the transaction value. Additionally, best of them are one-way ATMs, so users can alone buy bitcoin but cannot banknote them out. Coinatmradar, a website that advance the locations of bitcoin ATMs, lists only 16 BTMs in Australia.
What do you anticipate about Stargroup axis their ATMs into Bitcoin ATMs? Let us apperceive in the comments area below.
