It is a moment of rejoicing for crypto holders as they can now withdraw cash in return for their tokens. All you need is a 2gether Card and a VISA-friendly ATM. This is a first of its kind initiative, which allows users to convert crypto to fiat and withdraws it from ATMs. However, these services are initially only limited to the holders of Ethereum, Bitcoin, Bitcoin Cash, EOS, Stellar, and Litecoin.
Commenting on the new development, 2gether CEO, Ramón Ferraz, said,
The unique capabilities of 2gether’s ATM service advance our mission of crypto mass adoption and seamless integration into the lives of consumers. 2gether is working hard on incorporating new features for its community to consolidate its position as the leading banking platform for the euro and crypto economies.
Crypto adoption in daily has become the new target for the crypto space, and every company involved in crypto-blockchain ventures is taking serious efforts to capitalize on the opportunities. Earlier this year, VISA, the world’s leading payments service provider, announced that it would integrate blockchain technology with its global operations to facilitate crypto payments.
2gether is a Madrid based blockchain based banking start-up, which offers VISA powered crypto debit cards. The fin-tech start-up is focused at integrating banking services with digital assets, in order to deliver products which would add liquidity and usability to digital assets.
A 2gether card allows users to make payments for purchases at various retail stores. It converts crypto to fiat in real time, which gives the much-needed flexibility and liquidity to digital asset holders.