Switzerland is warming to Bitcoin, and Swiss Rail is now selling cryptocurrency through its ticket machines
Switzerland is warming to the idea of cryptocurrency, following El Salvador's adoption of Bitcoin as legal tender alongside the US dollar earlier this year. You can now buy Bitcoin and train tickets from the same machine while traveling in the country, which is known for its alluring cities and scenic train rides that showcase the best of its natural vistas. The Swiss national railways company (SSB) has decided to allow customers to purchase Bitcoin from its ticket machines. Initially, only 1,000 ticket machines were available, but that number has since increased.
To buy Bitcoin from the railway's ticket machines, a customer only needs a Bitcoin wallet and a Swiss mobile phone number, according to SBB. Customers can buy Bitcoin for as little as CHF 100 and as much as CHF 500, and the service is available 24 hours a day, seven days a week.
Customers of SBB can also purchase and store Bitcoin in a paper wallet.
Despite the fact that the project began earlier, many travelers can now exchange Swiss francs for Bitcoin using these machines. According to a report in CoinQuora, an online publication, while the machine can pay out Bitcoins, it will not accept cryptocurrency payments for the time being.
Bitcoin is already accepted at over 10,000 locations around the world, according to the Swiss railway company, and it allows for quick and easy payments without the use of a credit card or bank account.