Schiphol Airport launches crypto ATM service

Amsterdam’s Schiphol Airport has installed an ATM enabling passengers to exchange their leftover Euros for Bitcoin or Ethereum.

It claims to be the first European airport to offer such a service. Schiphol partnered with ByeleX Data Solutions on the installation and is carrying out a six-month trial to determine whether demand exists among passengers.

“We’re constantly looking for ways to innovate and provide optimum service to passengers,” says Tanja Dik, Director of Consumer Products & Services at Amsterdam Schiphol Airport. “With the Bitcoin ATM, we hope to provide a useful service to passengers by allowing them to easily exchange ‘local’ Euros for the ‘global’ cryptocurrencies Bitcoin and Ethereum. That can be beneficial if, for instance, it’s not possible to spend Euros in their home country.”

Whilst this might be a European first, Schiphol isn’t alone in jumping onboard the crypto bandwagon. In January, Brisbane Airport partnered with Travelbybit to enable retailers to accept the likes of Bitcoin, Dash, Bitcoin Cash, Ethereum, NEM and Steem.

Disclaimer: The views and opinions expressed by the author should not be considered as financial advice. We do not give advice on financial products.

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