BTC China, one of the world’s largest bitcoin exchanges by trading volume, released a new mobile-friendly Web app called the Picasso ATM today. The Picasso ATM allows users around the world to exchange the digital currency for cash without having to find a physical ATM. To use Picasso ATM, bitcoin owners first load the currency into BTC China’s Picasso Wallet and then sell it through the Web app.
A new web-based app from BTC China called ‘Picasso ATM‘ allows anyone with a smartphone to become a ‘walking bitcoin ATM’, without the need to invest thousands of dollars in hardware. Sellers can use the app to upload and sell bitcoins nearly anywhere in the world, in a range of major currencies. It could be the first of many moves by Chinese bitcoin exchanges to appeal to international customers. BTC China is the most prominent of China’s bitcoin exchanges overseas already thanks to its English language interface and CEO Bobby Lee’s appearances at major conferences like CoinSummit. Until now, though, it has been near impossible for non-Chinese residents to deposit fiat currencies into a BTC China account.
